Dutch Bros
BROS
187 hedge funds and large institutions have $2.06B invested in Dutch Bros in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 46 reducing their positions, and 27 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 46
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding
Funds holding: 187 → 187 (0)
4.26% less ownership
Funds ownership: 162.83% → 158.57% (-4.3%)
12% less capital invested
Capital invested by funds: $2.35B → $2.06B (-$287M)
16% less call options, than puts
Call options by funds: $53.8M | Put options by funds: $64.3M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.2M |
| 2 |
ClearBridge Investments
New York
|
+$9.56M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$8.89M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.52M |
| 5 |
Walleye Capital
New York
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$35.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$14.8M |
| 4 |
JC
Joho Capital
New York
|
-$11.3M |
| 5 |
Millennium Management
New York
|
-$4.53M |
BROS Hedge Fund Activity: Q2 2023 in Review
187 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q2 2023, worth a combined $2.06B — down 12% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BROS positions and 27 closed out — a net gain of 1 holder — while 67 added to existing stakes and 46 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $10.2M. The largest seller was Franklin Resources, exiting entirely with an estimated $35.7M sold.
- 187 institutional investors held Dutch Bros (BROS) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $2.06B of Dutch Bros stock for Q2 2023, down 12% quarter-over-quarter.
- 28 funds opened new Dutch Bros positions in Q2 2023 and 27 closed out, a net change of +1 holder.
- The largest Dutch Bros buyer in Q2 2023 was Balyasny Asset Management, an estimated $10.2M added.
- The largest Dutch Bros seller in Q2 2023 was Franklin Resources, an estimated $35.7M sold.
Based on aggregated 13F filings for Q2 2023.