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Dutch Bros

492 hedge funds and large institutions have $7.23B invested in Dutch Bros in 2025 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 188 increasing their positions, 145 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 64

30% more repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 145

15% more capital invested

Capital invested by funds: $6.28B → $7.23B (+$951M)

6% more funds holding

Funds holding: 466492 (+26)

4.19% less ownership

Funds ownership: 87.57%83.38% (-4.2%)

15% less call options, than puts

Call options by funds: $177M | Put options by funds: $209M

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
492
Holders Change
+26
Holders Change %
+5.58%
% of All Funds
6.48%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
92
Increased
188
Reduced
145
Closed
64
Calls
$177M
Puts
$209M
Net Calls
-$32.3M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
CAL
451
Capital Analysts LLC
Pennsylvania
$5K
WTFG
452
Wood Tarver Financial Group
Idaho
$5K
MAM
453
Meeder Asset Management
Ohio
$4.44K +$718 +11 +20%
SC
454
Sawyer & Company
Massachusetts
$3.95K +$2.28K +35 +175%
ME
455
McIlrath & Eck
Washington
$3.76K +$3.59K +55 New
NB
456
NBT Bank
New York
$3.42K
TLA
457
Tanglewood Legacy Advisors
Texas
$3.42K
TCOT
458
Trust Company of Toledo
Ohio
$3.42K +$3.26K +50 New
ACA
459
Atlas Capital Advisors
Wyoming
$3.35K
CT
460
Clearstead Trust
Maine
$3.28K -$1.04K -16 -25%
HWM
461
Hemington Wealth Management
Virginia
$3K +$1.5K +23 +79%
CIA
462
Cape Investment Advisory
Georgia
$2.87K
PCFFS
463
Pacific Center for Financial Services
California
$2.8K
MPWT
464
MassMutual Private Wealth & Trust
Connecticut
$2.46K -$522 -8 -18%
SC
465
Stephens Consulting
Michigan
$2.05K
AWM
466
Atticus Wealth Management
Florida
$2.05K +$1.96K +30 New
SJIM
467
St. Johns Investment Management
Florida
$2.05K
TPCW
468
TD Private Client Wealth
New York
$1.71K -$3K -46 -65%
TWD
469
True Wealth Design
Ohio
$1.5K -$26.7K -410 -95%
JWA
470
JFS Wealth Advisors
Pennsylvania
$1.5K
HFS
471
Hantz Financial Services
Michigan
$1K +$913 +14 +350%
AAP
472
Arax Advisory Partners
Colorado
$821
CPG
473
Cornerstone Planning Group
New Jersey
$747 +$848 +13 New
BCH
474
Berkshire Capital Holdings
California
$684 -$6.8M -104,270 -100%
RFG
475
REAP Financial Group
Texas
$684

BROS Hedge Fund Activity: Q2 2025 in Review

492 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q2 2025, worth a combined $7.23B — up 15% from $6.28B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new BROS positions and 64 closed out — a net gain of 28 holders — while 188 added to existing stakes and 145 trimmed.

The largest buyer was Marshall Wace, adding an estimated $95.3M. The largest seller was Balyasny Asset Management, cutting an estimated $100M.

  • 492 institutional investors held Dutch Bros (BROS) as of Q2 2025, up from 466 in Q1 2025.
  • Funds reported $7.23B of Dutch Bros stock for Q2 2025, up 15% quarter-over-quarter.
  • 92 funds opened new Dutch Bros positions in Q2 2025 and 64 closed out, a net change of +28 holders.
  • The largest Dutch Bros buyer in Q2 2025 was Marshall Wace, an estimated $95.3M added.
  • The largest Dutch Bros seller in Q2 2025 was Balyasny Asset Management, an estimated $100M sold.

Based on aggregated 13F filings for Q2 2025.