We are live on ! Find out more
BROS icon

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
Hudson Bay Capital Management
501
Hudson Bay Capital Management
Connecticut
-$3.02M -48,947 Closed
JG
502
Jain Global
New York
-$2.9M -47,023 Closed
VF
503
Virtu Financial
New York
-$2.77M -44,813 Closed
PHK
504
Point72 Hong Kong
Hong Kong
-$2.76M -44,700 Closed
EF
505
Empowered Funds
Pennsylvania
-$2.09M -33,843 Closed
IIM
506
INTECH Investment Management
Florida
-$1.79M -28,918 Closed
GC
507
Guggenheim Capital
Illinois
-$1.68M -27,159 Closed
GGHC
508
Gilder Gagnon Howe & Co
New York
-$1.65M -26,745 Closed
CP
509
CenterBook Partners
Connecticut
-$1.38M -22,382 Closed
SCM
510
Semanteon Capital Management
Massachusetts
-$1.29M -20,824 Closed
PCM
511
Price Capital Management
Louisiana
-$1.28M -20,770 Closed
XT
512
XTX Topco
Cayman Islands
-$1.2M -19,515 Closed
HCA
513
Harbor Capital Advisors
Illinois
-$1.05M -17,007 Closed
PAMP
514
Polar Asset Management Partners
Ontario, Canada
-$1.01M -16,300 Closed
PAG
515
Private Advisory Group
Washington
-$910K -14,744 Closed
Group One Trading
516
Group One Trading
Illinois
-$934K -14,318 Closed
ACM
517
Aster Capital Management
United Arab Emirates
-$1.13M -14,289 Closed
IMRF
518
Illinois Municipal Retirement Fund
Illinois
-$776K -12,566 Closed
AC
519
AXQ Capital
New Jersey
-$730K -11,826 Closed
GCM
520
Greenland Capital Management
New York
-$616K -9,977 Closed
SSA
521
Sierra Summit Advisors
Nevada
-$550K -8,906 Closed
N
522
Numerai
California
-$549K -8,889 Closed
PWM
523
Pinnacle Wealth Management
California
-$535K -8,659 Closed
Allianz Asset Management
524
Allianz Asset Management
Germany
-$525K -8,500 Closed
ET
525
Equitable Trust
Tennessee
-$428K -6,937 Closed

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.