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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
American Century Companies
26
American Century Companies
Missouri
$67.2M +$20.9M +381,441 +40%
Charles Schwab
27
Charles Schwab
California
$61.4M +$2.18M +39,813 +3%
Dimensional Fund Advisors
28
Dimensional Fund Advisors
Texas
$61M +$2.06M +37,683 +3%
Fuller & Thaler Asset Management
29
Fuller & Thaler Asset Management
California
$60M +$3.64M +66,557 +6%
WP
30
Woodline Partners
California
$56M +$33.5M +613,175 +125%
VOYA Investment Management
31
VOYA Investment Management
Georgia
$55.4M +$18.7M +342,200 +46%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$52.9M +$21M +384,011 +58%
1832 Asset Management
33
1832 Asset Management
Ontario, Canada
$52.2M -$38.6M -706,600 -41%
NAMI
34
Nomura Asset Management International
Pennsylvania
$51.7M +$2.12M +38,855 +4%
Northern Trust
35
Northern Trust
Illinois
$49.3M +$20.3M +370,376 +62%
Raymond James Financial
36
Raymond James Financial
Florida
$47.5M -$22.2M -405,967 -29%
Squarepoint
37
Squarepoint
New York
$47.4M -$105M -1,927,464 -67%
WA
38
Wasatch Advisors
Utah
$44.7M +$3.11M +56,891 +7%
ClearBridge Investments
39
ClearBridge Investments
New York
$43.5M +$351K +6,410 +0.8%
Citigroup
40
Citigroup
New York
$41.3M +$43M +787,118 +2,857%
VFT
41
Vanguard Fiduciary Trust
Pennsylvania
$40.8M +$44.1M +806,346 New
Allspring Global Investments
42
Allspring Global Investments
North Carolina
$39M -$3.32M -60,713 -7%
Canada Pension Plan Investment Board
43
Canada Pension Plan Investment Board
Ontario, Canada
$38.1M +$24.9M +455,724 +154%
MGCM
44
Mane Global Capital Management
New York
$38M -$12.1M -220,480 -23%
Massachusetts Financial Services
45
Massachusetts Financial Services
Massachusetts
$36.8M +$39.8M +727,272 New
DPL
46
Danica Pension Livsforsikrings
$33.6M +$36.2M +662,638 New
Federated Hermes
47
Federated Hermes
Pennsylvania
$30.9M +$4.86M +88,898 +17%
OAM
48
Oberweis Asset Management
Illinois
$30.3M +$10.6M +193,993 +48%
Holocene Advisors
49
Holocene Advisors
New York
$29.5M -$1.2M -21,855 -4%
LPL Financial
50
LPL Financial
California
$29.2M +$668K +12,213 +2%

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.