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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
GSWM
501
Golden State Wealth Management
California
$101
PTC
502
Private Trust Company
Ohio
$101
AF
503
Advisornet Financial
Minnesota
$101 +$109 +2 New
GWSA
504
Global Wealth Strategies & Associates
Colorado
$51
MCM
505
MV Capital Management
Maryland
$51
Ninety One (UK)
506
Ninety One (UK)
United Kingdom
-$161M -2,625,483 Closed
Alyeska Investment Group
507
Alyeska Investment Group
Illinois
-$114M -1,860,182 Closed
Norges Bank
508
Norges Bank
Norway
-$97M -1,583,649 Closed
Qube Research & Technologies (QRT)
509
Qube Research & Technologies (QRT)
United Kingdom
-$50.8M -829,354 Closed
DCM
510
Driehaus Capital Management
Illinois
-$48.4M -790,451 Closed
Teacher Retirement System of Texas
511
Teacher Retirement System of Texas
Texas
-$29.2M -476,859 Closed
AI
512
Aperture Investors
New York
-$26.6M -434,462 Closed
Assenagon Asset Management
513
Assenagon Asset Management
Luxembourg
-$19.7M -321,910 Closed
FAM
514
Fenimore Asset Management
New York
-$19.1M -312,111 Closed
WCA
515
Waratah Capital Advisors
Ontario, Canada
-$16.1M -262,741 Closed
Lord, Abbett & Co
516
Lord, Abbett & Co
New Jersey
-$15.1M -247,203 Closed
SAM
517
Synergy Asset Management
Washington
-$13.7M -223,067 Closed
DAM
518
Deepwater Asset Management
Minnesota
-$11M -179,106 Closed
Capital Fund Management (CFM)
519
Capital Fund Management (CFM)
France
-$10.3M -167,743 Closed
DFCM
520
Dark Forest Capital Management
Puerto Rico
-$9.95M -162,584 Closed
JG
521
Jain Global
New York
-$9.95M -162,464 Closed
LP
522
LMR Partners
United Kingdom
-$9.31M -152,000 Closed
Fidelity International
523
Fidelity International
Bermuda
-$9.18M -150,000 Closed
BCM
524
Benchstone Capital Management
New York
-$8.24M -134,584 Closed
WorldQuant Millennium Advisors
525
WorldQuant Millennium Advisors
New York
-$5.88M -96,007 Closed

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.