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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
NO
526
Ninety One
South Africa
-$5.37M -87,790 Closed
TIM
527
Thornburg Investment Management
New Mexico
-$5.25M -85,792 Closed
JF
528
Jump Financial
Illinois
-$5M -81,658 Closed
Allianz Asset Management
529
Allianz Asset Management
Germany
-$4.88M -79,777 Closed
LCG
530
Lisanti Capital Growth
New York
-$4.03M -65,840 Closed
Tudor Investment Corp
531
Tudor Investment Corp
Connecticut
-$3.43M -62,687 Closed
WAM
532
Watershed Asset Management
California
-$3.5M -57,200 Closed
ACM
533
Aquatic Capital Management
Illinois
-$2.9M -47,405 Closed
GAM
534
Gotham Asset Management
New York
-$2.66M -43,462 Closed
DRC
535
Darwins River Capital
New York
-$2.36M -38,601 Closed
LP
536
Longaeva Partners
Illinois
-$2.26M -36,884 Closed
NONA
537
Ninety One North America
New York
-$2.17M -35,423 Closed
VF
538
Virtu Financial
New York
-$1.5M -24,519 Closed
Calamos Advisors
539
Calamos Advisors
Illinois
-$1.44M -23,598 Closed
Two Sigma Investments
540
Two Sigma Investments
New York
-$1.24M -22,632 Closed
FRM
541
Fox Run Management
Connecticut
-$1.33M -21,754 Closed
SC
542
Shay Capital
New York
-$1.13M -18,450 Closed
LCM
543
Legato Capital Management
California
-$1.11M -18,080 Closed
VCM
544
Voleon Capital Management
California
-$1.09M -17,809 Closed
PAMS
545
Pinpoint Asset Management (Singapore)
-$962K -15,716 Closed
GCM
546
Graham Capital Management
Connecticut
-$911K -14,884 Closed
CCS
547
Concentric Capital Strategies
Connecticut
-$890K -14,531 Closed
QT
548
Quantbot Technologies
New York
-$843K -13,770 Closed
CGIM
549
Cannon Global Investment Management
Florida
-$747K -12,200 Closed
DL
550
Dockside LLC
New York
-$716K -11,690 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.