Dutch Bros
BROS
233 hedge funds and large institutions have $2.89B invested in Dutch Bros in 2023 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 86 increasing their positions, 46 reducing their positions, and 29 closing their positions.
148% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 29
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
87% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 46
23% more capital inflows, than outflows
Capital inflows: $308M | Capital outflows: $250M
23% more funds holding
Funds holding: 190 → 233 (+43)
1.79% more ownership
Funds ownership: 78.36% → 80.15% (+1.8%)
10% less call options, than puts
Call options by funds: $72M | Put options by funds: $79.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$32M |
| 2 |
Driehaus Capital Management
Chicago,
Illinois
|
+$24.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$24.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$21.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSG Consumer Partners
Larkspur,
California
|
-$189M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.78M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.61M |
| 5 |
Walleye Capital
New York
|
-$4.53M |
BROS Hedge Fund Activity: Q4 2023 in Review
233 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q4 2023, worth a combined $2.89B — up 39% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new BROS positions and 29 closed out — a net gain of 43 holders — while 86 added to existing stakes and 46 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $32M. The largest seller was TSG Consumer Partners, cutting an estimated $189M.
- 233 institutional investors held Dutch Bros (BROS) as of Q4 2023, up from 190 in Q3 2023.
- Funds reported $2.89B of Dutch Bros stock for Q4 2023, up 39% quarter-over-quarter.
- 72 funds opened new Dutch Bros positions in Q4 2023 and 29 closed out, a net change of +43 holders.
- The largest Dutch Bros buyer in Q4 2023 was Point72 Asset Management, an estimated $32M added.
- The largest Dutch Bros seller in Q4 2023 was TSG Consumer Partners, an estimated $189M sold.
Based on aggregated 13F filings for Q4 2023.