Dutch Bros
BROS
185 hedge funds and large institutions have $2.37B invested in Dutch Bros in 2022 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 70 increasing their positions, 36 reducing their positions, and 63 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 36
10% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 63
4% less funds holding
Funds holding: 193 → 185 (-8)
14% less call options, than puts
Call options by funds: $51.3M | Put options by funds: $59.9M
42.61% less ownership
Funds ownership: 231.61% → 189% (-43%)
46% less capital invested
Capital invested by funds: $4.42B → $2.37B (-$2.06B)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.4M |
| 2 |
LPL Financial
San Diego,
California
|
+$13.4M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$7.38M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$6.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$127M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.6M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$20.5M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$15M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.2M |
BROS Hedge Fund Activity: Q2 2022 in Review
185 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q2 2022, worth a combined $2.37B — down 46% from $4.42B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of BROS and 57 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 70 added.
The largest buyer was Vanguard Group, adding an estimated $41.4M. The largest seller was Fidelity Investments, cutting an estimated $127M.
- 185 institutional investors held Dutch Bros (BROS) as of Q2 2022, down from 193 in Q1 2022.
- Funds reported $2.37B of Dutch Bros stock for Q2 2022, down 46% quarter-over-quarter.
- 57 funds opened new Dutch Bros positions in Q2 2022 and 63 closed out, a net change of -6 holders.
- The largest Dutch Bros buyer in Q2 2022 was Vanguard Group, an estimated $41.4M added.
- The largest Dutch Bros seller in Q2 2022 was Fidelity Investments, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2022.