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Dutch Bros

191 hedge funds and large institutions have $2.31B invested in Dutch Bros in 2022 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 54 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 27

15% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 54

3% more funds holding

Funds holding: 186191 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.77% less ownership

Funds ownership: 189.03%188.27% (-0.77%)

2% less capital invested

Capital invested by funds: $2.37B → $2.31B (-$55.6M)

26% less call options, than puts

Call options by funds: $48.4M | Put options by funds: $65.2M

Holders
191
Holders Change
+5
Holders Change %
+2.69%
% of All Funds
3.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
62
Reduced
54
Closed
27
Calls
$48.4M
Puts
$65.2M
Net Calls
-$16.8M
Net Calls Change
-$7.8M
Name Holding Trade Value Shares
Change
Change in
Stake
TCP
1
TSG Consumer Partners
California
$1.67B -$225M -5,979,605 -10%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$120M +$78.4M +2,084,202 +118%
Vanguard Group
3
Vanguard Group
Pennsylvania
$86.6M -$334K -8,881 -0.3%
Marshall Wace
4
Marshall Wace
United Kingdom
$52.3M +$63.2M +1,679,664 New
Franklin Resources
5
Franklin Resources
California
$41.6M -$6.93M -184,228 -12%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$23.7M +$28.6M +760,076 New
Citadel Advisors
7
Citadel Advisors
Florida
$23.5M +$28.4M +753,811 New
Jane Street
8
Jane Street
New York
$20.4M +$24.1M +639,656 +3,911%
Millennium Management
9
Millennium Management
New York
$16.9M +$20.5M +543,979 New
ClearBridge Investments
10
ClearBridge Investments
New York
$16.2M +$94.1K +2,500 +0.5%
BlackRock
11
BlackRock
New York
$15.8M +$2.05M +54,384 +12%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$13.5M +$2.56M +68,142 +19%
Bank of America
13
Bank of America
North Carolina
$12.3M +$9.28M +246,697 +167%
LPL Financial
14
LPL Financial
California
$10M -$206K -5,479 -2%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$9.46M +$10.9M +288,672 +1,943%
American Century Companies
16
American Century Companies
Missouri
$9.39M -$8.54M -226,955 -43%
Federated Hermes
17
Federated Hermes
Pennsylvania
$9.35M
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$8.97M +$10.8M +288,062 New
Morgan Stanley
19
Morgan Stanley
New York
$8.04M +$3.51M +93,198 +57%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$7.32M -$180K -4,791 -2%
BCM
21
Becker Capital Management
Oregon
$7.05M -$122K -3,254 -1%
Simplex Trading
22
Simplex Trading
Illinois
$6.65M +$8.03M +213,292 +75,368%
Wells Fargo
23
Wells Fargo
California
$6.01M +$761K +20,225 +12%
SOMRS
24
State of Michigan Retirement System
Michigan
$5.61M
N
25
Nuveen
North Carolina
$4.68M -$366K -9,717 -6%

BROS Hedge Fund Activity: Q3 2022 in Review

191 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q3 2022, worth a combined $2.31B — down 2.3% from $2.37B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BROS positions and 27 closed out — a net gain of 6 holders — while 62 added to existing stakes and 54 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $78.4M. The largest seller was TSG Consumer Partners, cutting an estimated $225M.

  • 191 institutional investors held Dutch Bros (BROS) as of Q3 2022, up from 186 in Q2 2022.
  • Funds reported $2.31B of Dutch Bros stock for Q3 2022, down 2.3% quarter-over-quarter.
  • 33 funds opened new Dutch Bros positions in Q3 2022 and 27 closed out, a net change of +6 holders.
  • The largest Dutch Bros buyer in Q3 2022 was Fidelity Investments, an estimated $78.4M added.
  • The largest Dutch Bros seller in Q3 2022 was TSG Consumer Partners, an estimated $225M sold.

Based on aggregated 13F filings for Q3 2022.