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Dutch Bros

506 hedge funds and large institutions have $6.68B invested in Dutch Bros in 2026 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 204 increasing their positions, 120 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 120

27% more call options, than puts

Call options by funds: $193M | Put options by funds: $152M

10.4% more ownership

Funds ownership: 93.43%103.83% (+10%)

7% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 87

1% less funds holding

Funds holding: 511506 (-5)

8% less capital invested

Capital invested by funds: $7.27B → $6.68B (-$586M)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
506
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
6.23%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
93
Increased
204
Reduced
120
Closed
87
Calls
$193M
Puts
$152M
Net Calls
+$41M
Net Calls Change
-$72.2M
Name Holding Trade Value Shares
Change
Change in
Stake
FMII
451
Farmers & Merchants Investments Inc
Nebraska
$4.31K +$4.65K +85 New
LWMI
452
Legacy Wealth Management (Idaho)
Idaho
$4.05K
CAL
453
Capital Analysts LLC
Pennsylvania
$4K
SWA
454
Strategic Wealth Advisors
Arizona
$4K +$5.09K +93 New
DWM
455
Dogwood Wealth Management
Kansas
$3.8K
ZBNA
456
Zions Bancorporation, National Association
Utah
$3.24K +$2.08K +38 +146%
ACA
457
Atlas Capital Advisors
Wyoming
$2.99K
IPS
458
Investors Portfolio Services
Washington
$2.89K
CFO
459
CVA Family Office
Colorado
$2.84K +$3.06K +56 New
ME
460
McIlrath & Eck
Washington
$2.79K
SC
461
Sawyer & Company
Massachusetts
$2.79K
MWM
462
Mosley Wealth Management
California
$2.62K +$2.73K +50 New
TLA
463
Tanglewood Legacy Advisors
Texas
$2.53K
KCM
464
Key Capital Management
Tennessee
$2.23K +$2.41K +44 New
MG
465
Mather Group
Illinois
$2.18K +$2.35K +43 New
PCFFS
466
Pacific Center for Financial Services
California
$2.08K
BCWM
467
Bartlett & Co Wealth Management
Ohio
$1.97K
PWA
468
Physician Wealth Advisors
Utah
$1.77K +$1.91K +35 New
FFO
469
Fortitude Family Office
Arizona
$1.67K -$38.9K -711 -96%
KFAS
470
Keating Financial Advisory Services
Kansas
$1.62K +$383 +7 +28%
MPWT
471
MassMutual Private Wealth & Trust
Connecticut
$1.57K +$273 +5 +19%
CPG
472
Cornerstone Planning Group
New Jersey
$1.54K
SJIM
473
St. Johns Investment Management
Florida
$1.52K
JWA
474
JFS Wealth Advisors
Pennsylvania
$1.47K -$383 -7 -19%
CA
475
Clearstead Advisors
Ohio
$1.32K -$76K -1,389 -98%

BROS Hedge Fund Activity: Q1 2026 in Review

506 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q1 2026, worth a combined $6.68B — down 8.1% from $7.27B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new BROS positions and 87 closed out — a net gain of 6 holders — while 204 added to existing stakes and 120 trimmed.

The largest buyer was BlackRock, adding an estimated $359M. The largest seller was Ninety One (UK), exiting entirely with an estimated $161M sold.

  • 506 institutional investors held Dutch Bros (BROS) as of Q1 2026, down from 511 in Q4 2025.
  • Funds reported $6.68B of Dutch Bros stock for Q1 2026, down 8.1% quarter-over-quarter.
  • 93 funds opened new Dutch Bros positions in Q1 2026 and 87 closed out, a net change of +6 holders.
  • The largest Dutch Bros buyer in Q1 2026 was BlackRock, an estimated $359M added.
  • The largest Dutch Bros seller in Q1 2026 was Ninety One (UK), an estimated $161M sold.

Based on aggregated 13F filings for Q1 2026.