Dutch Bros
BROS
271 hedge funds and large institutions have $3.06B invested in Dutch Bros in 2024 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 103 increasing their positions, 55 reducing their positions, and 34 closing their positions.
121% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 34
87% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 55
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more call options, than puts
Call options by funds: $57.5M | Put options by funds: $49.1M
17% more funds holding
Funds holding: 232 → 271 (+39)
5% more capital invested
Capital invested by funds: $2.9B → $3.06B (+$156M)
13.99% less ownership
Funds ownership: 145.31% → 131.32% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$68.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$41.8M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$37.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
TSG Consumer Partners
Larkspur,
California
|
-$472M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$106M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$16.8M |
| 4 |
Goldman Sachs
New York
|
-$12.6M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$11.1M |
BROS Hedge Fund Activity: Q1 2024 in Review
271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q1 2024, worth a combined $3.06B — up 5.4% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new BROS positions and 34 closed out — a net gain of 41 holders — while 103 added to existing stakes and 55 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $68.5M. The largest seller was TSG Consumer Partners, cutting an estimated $472M.
- 271 institutional investors held Dutch Bros (BROS) as of Q1 2024, up from 232 in Q4 2023.
- Funds reported $3.06B of Dutch Bros stock for Q1 2024, up 5.4% quarter-over-quarter.
- 75 funds opened new Dutch Bros positions in Q1 2024 and 34 closed out, a net change of +41 holders.
- The largest Dutch Bros buyer in Q1 2024 was Balyasny Asset Management, an estimated $68.5M added.
- The largest Dutch Bros seller in Q1 2024 was TSG Consumer Partners, an estimated $472M sold.
Based on aggregated 13F filings for Q1 2024.