Dutch Bros
BROS
336 hedge funds and large institutions have $4.06B invested in Dutch Bros in 2024 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 121 increasing their positions, 62 reducing their positions, and 35 closing their positions.
203% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 35
95% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 62
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
33% more call options, than puts
Call options by funds: $91.8M | Put options by funds: $68.8M
33% more capital invested
Capital invested by funds: $3.06B → $4.06B (+$1.01B)
24% more funds holding
Funds holding: 271 → 336 (+65)
75.94% less ownership
Funds ownership: 131.32% → 55.38% (-76%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$82M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$72.3M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$70.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$69.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$57.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
TSG Consumer Partners
Larkspur,
California
|
-$870M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$43.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$32.4M |
| 4 |
Millennium Management
New York
|
-$30.8M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$20.9M |
BROS Hedge Fund Activity: Q2 2024 in Review
336 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q2 2024, worth a combined $4.06B — up 33% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new BROS positions and 35 closed out — a net gain of 71 holders — while 121 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock, adding an estimated $82M. The largest seller was TSG Consumer Partners, cutting an estimated $870M.
- 336 institutional investors held Dutch Bros (BROS) as of Q2 2024, up from 271 in Q1 2024.
- Funds reported $4.06B of Dutch Bros stock for Q2 2024, up 33% quarter-over-quarter.
- 106 funds opened new Dutch Bros positions in Q2 2024 and 35 closed out, a net change of +71 holders.
- The largest Dutch Bros buyer in Q2 2024 was BlackRock, an estimated $82M added.
- The largest Dutch Bros seller in Q2 2024 was TSG Consumer Partners, an estimated $870M sold.
Based on aggregated 13F filings for Q2 2024.