Security Snapshot

Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share (BROS) Institutional Ownership

CUSIP: 26701L100

13F Institutional Holders and Ownership History from Q3 2021 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

502

Shares (Excl. Options)

118,602,680

Price

$61.22

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Type / Class
Equity / Class A Common Stock, $0.00001 par value per share
Symbol
BROS on NYSE
Underlying class
Class A Common Stock
Underlying shares
1.0
Shares outstanding
175,367,633
Price per share
$50.66
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
118,602,680
Total reported value
$7,262,981,504
% of total 13F portfolios
0.01%
Share change
+3,432,148
Value change
+$238,218,088
Number of holders
502
Price from insider filings
$50.66
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • BROS - Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share is tracked under CUSIP 26701L100.
  • 502 institutions reported positions in Q4 2025.
  • 3 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 502 to 66 between Q4 2025 and Q1 2026.
  • Reported value moved from $7,262,981,504 to $114,095,767.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 502 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 26701L100?
CUSIP 26701L100 identifies BROS - Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share (BROS) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Boersma Travis 28% -4.8% $2,941,792,039 -$152,500,000 48,226,099 -4.9% Travis Boersma 31 Dec 2025
FMR LLC 5.7% $399,072,809 6,486,879 FMR LLC 31 Dec 2024
BAILLIE GIFFORD & CO 3.3% -48% $233,818,080 -$197,303,991 3,800,684 -46% BAILLIE GIFFORD & CO 31 Mar 2025

As of 31 Dec 2025, 502 institutional investors reported holding 118,602,680 shares of Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share (BROS). This represents 68% of the company’s total 175,367,633 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share (BROS) together control 41% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 6.3% 11,090,575 -1.3% 0.01% $678,965,002
BlackRock, Inc. 4.2% 7,310,797 +4.5% 0.01% $447,566,963
FMR LLC 4.1% 7,212,382 -1% 0.02% $441,542,050
BAILLIE GIFFORD & CO 1.8% 3,230,676 -7.6% 0.16% $197,781,985
MARSHALL WACE, LLP 1.8% 3,098,288 +15% 0.18% $189,677,192
UBS Group AG 1.7% 2,995,317 +33% 0.04% $183,373,306
Squarepoint Ops LLC 1.6% 2,863,197 +74% 0.35% $175,284,920
PRICE T ROWE ASSOCIATES INC /MD/ 1.6% 2,824,546 -18% 0.02% $172,920,000
MILLENNIUM MANAGEMENT LLC 1.6% 2,823,384 +39% 0.12% $172,847,568
Ninety One UK Ltd 1.5% 2,625,483 +1.5% 0.34% $160,732,072
Balyasny Asset Management L.P. 1.4% 2,481,132 +37% 0.28% $151,894,901
TSG Consumer Partners LP 1.3% 2,279,846 0% 100% $139,572,172
GEODE CAPITAL MANAGEMENT, LLC 1.3% 2,265,083 +1.8% 0.01% $138,698,739
STATE STREET CORP 1.2% 2,020,112 +1.8% 0% $123,671,257
T. Rowe Price Investment Management, Inc. 1.1% 1,899,457 -9.8% 0.07% $116,285,000
Alyeska Investment Group, L.P. 1.1% 1,860,182 0.32% $113,880,342
WESTFIELD CAPITAL MANAGEMENT CO LP 1% 1,779,616 0.45% $108,948,092
1832 Asset Management L.P. 0.99% 1,736,900 -39% 0.14% $106,333,018
MORGAN STANLEY 0.97% 1,709,256 +9% 0.01% $104,640,706
NORGES BANK 0.9% 1,583,649 0.01% $96,950,992
JOHO CAPITAL LLC 0.81% 1,418,394 0% 19% $86,834,081
ALLIANCEBERNSTEIN L.P. 0.8% 1,404,738 +23% 0.03% $85,998,060
RAYMOND JAMES FINANCIAL INC 0.79% 1,387,234 -5.1% 0.03% $85,885,958
D. E. Shaw & Co., Inc. 0.79% 1,382,693 -19% 0.06% $84,648,465
BANK OF AMERICA CORP /DE/ 0.78% 1,360,779 -27% 0.01% $83,306,889

Institutional Holders of Dutch Bros Inc. - Class A Common Stock, $0.00001 par value per share (BROS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 2,251,882 $114,095,767 +$2,620,499 $50.66 66
2025 Q4 118,602,680 $7,262,981,504 +$238,218,088 $61.22 502
2025 Q3 114,397,589 $5,982,656,499 +$360,960,592 $52.34 445
2025 Q2 105,804,218 $7,230,623,773 +$408,008,287 $68.37 487
2025 Q1 100,327,989 $6,190,639,147 -$107,858,483 $61.74 462
2024 Q4 101,066,879 $5,298,337,386 -$51,565,377 $52.38 392
2024 Q3 101,054,383 $3,236,909,128 +$34,182,963 $32.03 337
2024 Q2 98,050,872 $4,059,823,880 +$227,684,778 $41.40 329
2024 Q1 92,532,900 $3,053,486,092 +$48,339,201 $33.00 264
2023 Q4 91,170,014 $2,887,218,097 +$61,733,720 $31.67 230
2023 Q3 89,188,165 $2,073,759,977 +$387,018,057 $23.25 188
2023 Q2 72,403,715 $2,060,035,492 -$60,965,038 $28.45 181
2023 Q1 74,334,267 $2,351,175,395 +$2,970,568 $31.63 179
2022 Q4 74,418,989 $2,097,861,195 +$9,338,553 $28.19 177
2022 Q3 74,026,356 $2,306,051,965 -$48,443,179 $31.15 183
2022 Q2 74,710,760 $2,364,729,029 -$248,860,152 $31.65 176
2022 Q1 80,036,456 $4,423,160,999 -$130,875,389 $55.27 186
2021 Q4 82,444,097 $4,197,300,847 +$89,320,567 $50.91 149
2021 Q3 16,670,598 $722,175,920 +$722,012,920 $43.32 115