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
AG
101
Algert Global
California
$8.08M -$71.8K -1,100 -0.9%
CM
102
Castleark Management
Illinois
$7.81M -$221K -3,390 -3%
California State Teachers Retirement System (CalSTRS)
103
California State Teachers Retirement System (CalSTRS)
California
$7.79M +$585K +8,967 +9%
SIMG
104
Stephens Investment Management Group
Texas
$7.28M +$6.94M +106,439 New
Walleye Capital
105
Walleye Capital
New York
$7.26M +$5.82M +89,266 +526%
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$6.91M +$6.14M +94,092 +1,339%
Principal Financial Group
107
Principal Financial Group
Iowa
$6.89M -$789K -12,096 -11%
TWC
108
TD Waterhouse Canada
Ontario, Canada
$6.74M +$43.3K +664 +0.7%
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$6.7M +$677K +10,381 +12%
Cetera Investment Advisers
110
Cetera Investment Advisers
Illinois
$6.67M +$414K +6,350 +7%
TIAA Trust, National Association
111
TIAA Trust, National Association
North Carolina
$6.54M +$6.24M +95,598 New
ECM
112
ExodusPoint Capital Management
New York
$6.47M -$2.43M -37,211 -28%
New York State Common Retirement Fund
113
New York State Common Retirement Fund
New York
$6.24M -$369K -5,657 -6%
AM
114
AGF Management
Ontario, Canada
$6.21M +$5.93M +90,869 New
EI
115
EAM Investors
California
$5.95M -$731K -11,209 -11%
SFCM
116
Savoir Faire Capital Management
Connecticut
$5.94M +$1.69M +25,905 +43%
GIP
117
Granite Investment Partners
California
$5.87M -$9.34M -143,150 -63%
EGI
118
EAM Global Investors
California
$5.77M -$2.02K -31 -0%
Osaic Holdings
119
Osaic Holdings
Arizona
$5.77M -$615K -9,431 -10%
PP
120
PDT Partners
New York
$5.72M -$2.85M -43,719 -34%
Rockefeller Capital Management
121
Rockefeller Capital Management
New York
$5.32M +$79.1K +1,212 +2%
VA
122
VestGen Advisors
Illinois
$5.07M +$877K +13,437 +22%
Envestnet Asset Management
123
Envestnet Asset Management
Illinois
$4.78M -$753K -11,539 -14%
HSBC Holdings
124
HSBC Holdings
United Kingdom
$4.66M +$4.03M +61,834 +1,043%
MF
125
Magnetar Financial
Illinois
$4.64M -$894K -13,712 -17%

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.