Who Owns Dutch Bros Inc. (BROS)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
Infinity%
QoQ Change in Holders
+8 / -2
Price History
BROS — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| BAILLIE GIFFORD & CO | New Position | +3.2M | +$197.8B |
| Ninety One UK Ltd | New Position | +2.6M | +$160.7B |
| Alyeska Investment Group, L.P. | New Position | +1.9M | +$113.0B |
| WESTFIELD CAPITAL MANAGEMENT CO LP | New Position | +1.8M | +$108.0B |
| Point72 Asset Management, L.P. | New Position | +1.2M | +$71.0B |
| MILLENNIUM MANAGEMENT LLC | Increased | +799K | +$66.1B |
| UBS Group AG | Increased | +748K | +$65.7B |
| Interval Partners, LP | New Position | +936K | +$57.0B |
| BALYASNY ASSET MANAGEMENT L.P. | Increased | +664K | +$55.9B |
| M&T BANK CORP | Increased | +91K | +$45.0B |
| VOYA INVESTMENT MANAGEMENT LLC | Increased | +721K | +$43.4B |
| Holocene Advisors, LP | Increased | +586K | +$36.0B |
| GOLDMAN SACHS GROUP INC | Increased | +473K | +$35.0B |
| FEDERATED HERMES, INC. | New Position | +521K | +$31.0B |
| TEACHER RETIREMENT SYSTEM OF TEXAS | New Position | +477K | +$29.2B |
BROS — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Qube Research & Technologies Ltd | Decreased | -1.1M | -$101.7B |
| CITADEL ADVISORS LLC | Decreased | -1.7M | -$82.6B |
| Amundi | Decreased | -1.2M | -$59.2B |
| MACQUARIE GROUP LTD | Closed Position | -1.0M | -$54.1B |
| Invesco Ltd. | Decreased | -1.1M | -$44.6B |
| 1832 Asset Management L.P. | Decreased | -1.1M | -$42.8B |
| FIL Ltd | Decreased | -732K | -$37.2B |
| ROYAL BANK OF CANADA | Decreased | -537K | -$27.5B |
| RENAISSANCE TECHNOLOGIES LLC | Closed Position | -506K | -$26.5B |
| TWO SIGMA INVESTMENTS, LP | Decreased | -489K | -$25.8B |
| Jump Financial, LLC | Decreased | -372K | -$19.8B |
| Trexquant Investment LP | Decreased | -161K | -$19.4B |
| Man Group plc | Decreased | -305K | -$16.5B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Decreased | -282K | -$13.7B |
| NATIXIS | Decreased | -250K | -$13.1B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | FMR LLC | 5,911,091 | $361.0B | 0.02% | Share |
| 2 | UBS Group AG | 2,930,352 | $179.4B | 0.03% | Share |
| 3 | MILLENNIUM MANAGEMENT LLC | 2,823,384 | $172.0B | 0.07% | Share |
| 4 | Ninety One UK Ltd | 2,625,483 | $160.7B | 0.34% | Share |
| 5 | BALYASNY ASSET MANAGEMENT L.P. | 2,481,132 | $151.0B | 0.19% | Share |
| 6 | TSG Consumer Partners LP | 2,279,846 | $139.6B | 100.00% | Share |
| 7 | Alyeska Investment Group, L.P. | 1,860,182 | $113.0B | 0.32% | Share |
| 8 | WESTFIELD CAPITAL MANAGEMENT CO LP | 1,779,616 | $108.0B | 0.45% | Share |
| 9 | 1832 Asset Management L.P. | 1,736,900 | $106.0B | 0.08% | Share |
| 10 | BAILLIE GIFFORD & CO | 1,679,714 | $102.8B | 0.09% | Share |
| 11 | ALLIANCEBERNSTEIN L.P. | 1,404,738 | $85.0B | 0.03% | Share |
| 12 | D. E. Shaw & Co., Inc. | 1,382,693 | $84.0B | 0.05% | Share |
| 13 | RAYMOND JAMES FINANCIAL INC | 1,170,116 | $72.0B | 0.02% | Share |
| 14 | GOLDMAN SACHS GROUP INC | 1,166,925 | $71.0B | 0.01% | Share |
| 15 | Point72 Asset Management, L.P. | 1,171,770 | $71.0B | 0.08% | Share |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,172,131 | $71.0B | 0.01% | Share |
| 17 | Invesco Ltd. | 1,125,859 | $68.9B | 0.01% | Share |
| 18 | FULLER & THALER ASSET MANAGEMENT, INC. | 1,117,797 | $68.0B | 0.23% | Share |
| 19 | DIMENSIONAL FUND ADVISORS LP | 1,081,099 | $66.0B | 0.01% | Share |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1,083,500 | $66.0B | 0.01% | Call |
| 21 | MANE GLOBAL CAPITAL MANAGEMENT LP | 971,370 | $59.0B | 3.17% | Share |
| 22 | Interval Partners, LP | 935,574 | $57.0B | 1.02% | Share |
| 23 | AMERICAN CENTURY COMPANIES INC | 945,933 | $57.0B | 0.03% | Share |
| 24 | BAILLIE GIFFORD & CO | 903,305 | $55.3B | 0.05% | Share |
| 25 | Clearbridge Investments, LLC | 853,005 | $52.0B | 0.04% | Share |
| 26 | WASATCH ADVISORS LP | 824,914 | $50.5B | 0.30% | Share |
| 27 | DRIEHAUS CAPITAL MANAGEMENT LLC | 790,451 | $48.4B | 0.33% | Share |
| 28 | WELLINGTON MANAGEMENT GROUP LLP | 768,767 | $47.0B | 0.01% | Share |
| 29 | Freestone Grove Partners LP | 681,803 | $41.0B | 0.30% | Share |
| 30 | AMERIPRISE FINANCIAL INC | 650,847 | $39.0B | 0.01% | Share |
| 31 | Holocene Advisors, LP | 605,092 | $37.0B | 0.08% | Share |
| 32 | CITADEL ADVISORS LLC | 593,000 | $36.0B | 0.01% | Put |
| 33 | CITADEL ADVISORS LLC | 581,578 | $35.0B | 0.01% | Share |
| 34 | VOYA INVESTMENT MANAGEMENT LLC | 539,769 | $33.0B | 0.03% | Share |
| 35 | BANK OF NOVA SCOTIA | 525,086 | $32.0B | 0.05% | Share |
| 36 | NORTHERN TRUST CORP | 534,836 | $32.0B | 0.00% | Share |
| 37 | Baird Financial Group, Inc. | 535,346 | $32.0B | 0.05% | Share |
| 38 | FEDERATED HERMES, INC. | 521,200 | $31.0B | 0.05% | Share |
| 39 | ING GROEP NV | 494,000 | $30.0B | 0.18% | Share |
| 40 | Woodline Partners LP | 492,308 | $30.0B | 0.12% | Share |
| 41 | TEACHER RETIREMENT SYSTEM OF TEXAS | 476,859 | $29.2B | 0.10% | Share |
| 42 | FMR LLC | 489,501 | $29.0B | 0.00% | Share |
| 43 | FMR LLC | 430,555 | $26.0B | 0.00% | Share |
| 44 | CITADEL ADVISORS LLC | 412,000 | $25.0B | 0.00% | Call |
| 45 | BAILLIE GIFFORD & CO | 405,681 | $24.8B | 0.02% | Share |
| 46 | JENNISON ASSOCIATES LLC | 382,067 | $23.4B | 0.01% | Share |
| 47 | BANK OF AMERICA CORP /DE/ | 391,784 | $23.0B | 0.00% | Share |
| 48 | JPMORGAN CHASE & CO | 389,870 | $23.0B | 0.00% | Share |
| 49 | FMR LLC | 365,906 | $22.0B | 0.00% | Share |
| 50 | SEI INVESTMENTS CO | 368,757 | $22.0B | 0.02% | Share |
BROS Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 504 | $4.2T | +200 |
| Q3 2025 | 304 | $3.1T | -127 |
| Q2 2025 | 431 | $4.0T | -28 |
| Q1 2025 | 459 | $4.5T | +105 |
| Q4 2024 | 354 | $60.8T | +101 |
| Q3 2024 | 253 | $95.9T | +7 |
| Q2 2024 | 246 | $142.2T | +52 |
| Q1 2024 | 194 | $29.6T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold BROS (Dutch Bros Inc.). The largest holder is FMR LLC with $361.0B in shares. This quarter, 8 institutions opened new positions and 2 closed their positions.
Frequently Asked Questions
How many hedge funds own BROS?
As of Q4 2025, 50 institutional investors report holding BROS (Dutch Bros Inc.) in their 13F filings.
Who is the largest institutional holder of BROS?
The largest institutional holder of BROS is FMR LLC with $361.0B in shares.
Is institutional ownership of BROS increasing or decreasing?
This quarter, 8 institutions opened new positions in BROS and 2 closed their positions.