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Dutch Bros

192 hedge funds and large institutions have $2.1B invested in Dutch Bros in 2022 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 60 increasing their positions, 51 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 30

18% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 51

1% more funds holding

Funds holding: 191192 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less capital invested

Capital invested by funds: $2.31B → $2.1B (-$214M)

14% less call options, than puts

Call options by funds: $39.3M | Put options by funds: $45.5M

23.71% less ownership

Funds ownership: 188.27%164.56% (-24%)

Holders
192
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
3.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
36
Increased
60
Reduced
51
Closed
30
Calls
$39.3M
Puts
$45.5M
Net Calls
-$6.18M
Net Calls Change
+$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
TCP
1
TSG Consumer Partners
California
$1.51B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$175M +$77.9M +2,356,428 +61%
Vanguard Group
3
Vanguard Group
Pennsylvania
$96.6M +$21.4M +646,605 +23%
Franklin Resources
4
Franklin Resources
California
$36.2M -$1.65M -49,997 -4%
Marshall Wace
5
Marshall Wace
United Kingdom
$34.8M -$14.7M -445,570 -27%
BlackRock
6
BlackRock
New York
$15.5M +$1.33M +40,257 +8%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$14.9M -$7.66M -231,491 -30%
ClearBridge Investments
8
ClearBridge Investments
New York
$14.8M +$220K +6,637 +1%
Millennium Management
9
Millennium Management
New York
$13.5M -$2.17M -65,577 -12%
American Century Companies
10
American Century Companies
Missouri
$11.4M +$3.42M +103,250 +34%
Bank of America
11
Bank of America
North Carolina
$10.8M -$408K -12,326 -3%
LPL Financial
12
LPL Financial
California
$9.08M +$34.8K +1,052 +0.3%
Federated Hermes
13
Federated Hermes
Pennsylvania
$8.46M
Geode Capital Management
14
Geode Capital Management
Massachusetts
$7.77M +$1.34M +40,493 +17%
Citadel Advisors
15
Citadel Advisors
Florida
$7.59M -$16M -484,708 -64%
BCM
16
Becker Capital Management
Oregon
$6.28M -$116K -3,508 -2%
Goldman Sachs
17
Goldman Sachs
New York
$6.27M +$3.5M +105,899 +91%
Wells Fargo
18
Wells Fargo
California
$5.54M +$121K +3,661 +2%
Morgan Stanley
19
Morgan Stanley
New York
$5.34M -$2.27M -68,491 -27%
SOMRS
20
State of Michigan Retirement System
Michigan
$5.07M
Osaic Holdings
21
Osaic Holdings
Arizona
$4.72M +$2.49M +75,194 +82%
Charles Schwab
22
Charles Schwab
California
$4.32M +$757K +22,900 +18%
Public Employees Retirement Association of Colorado
23
Public Employees Retirement Association of Colorado
Colorado
$4.18M +$31.9K +965 +0.7%
State of Wisconsin Investment Board
24
State of Wisconsin Investment Board
Wisconsin
$4.14M +$779K +23,540 +19%
Macquarie Group
25
Macquarie Group
Australia
$3.91M +$1.91M +57,853 +72%

BROS Hedge Fund Activity: Q4 2022 in Review

192 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q4 2022, worth a combined $2.1B — down 9.3% from $2.31B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new BROS positions and 30 closed out — a net gain of 6 holders — while 60 added to existing stakes and 51 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $77.9M. The largest seller was Jane Street, cutting an estimated $21.3M.

  • 192 institutional investors held Dutch Bros (BROS) as of Q4 2022, up from 191 in Q3 2022.
  • Funds reported $2.1B of Dutch Bros stock for Q4 2022, down 9.3% quarter-over-quarter.
  • 36 funds opened new Dutch Bros positions in Q4 2022 and 30 closed out, a net change of +6 holders.
  • The largest Dutch Bros buyer in Q4 2022 was Fidelity Investments, an estimated $77.9M added.
  • The largest Dutch Bros seller in Q4 2022 was Jane Street, an estimated $21.3M sold.

Based on aggregated 13F filings for Q4 2022.