StreetAlpha
Dutch Bros Inc. · 13F filings

BROS Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns Dutch Bros Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 561 funds reported holding BROS at Jun 30, 2026.

← BROS stock page

Fund sentiment
Neutral
Strongly bearishNeutralStrongly bullish
  • ▲283 buying vs 231 selling
  • ▼Shares held by funds -1.0%
  • ▲Funds holding +47
  • ▼Superinvestors: 1 added, 3 cut
  • ●Put/call 0.83 to 0.85

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding561+47 vs Q1 2026
Held by funds–of shares outstanding
Value held$9.4B131M shares
Put/call ratio0.85up from 0.83

Funds holding and ownership

8 quarters
Q3 2024: 348 fundsQ3 '24Q4 2024: 402 fundsQ4 '24Q1 2025: 468 fundsQ1 '25Q2 2025: 494 fundsQ2 '25Q3 2025: 452 fundsQ3 '25Q4 2025: 515 fundsQ4 '25Q1 2026: 514 fundsQ1 '26Q2 2026: 561 fundsQ2 '26
Funds holding

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding561514+9.1%
In funds' top 10440.0%
13F shares131M132M−1.0%
Held by funds–––
New positions10989+22.5%
Increased174205−15.1%
Reduced167119+40.3%
Sold out6488−27.3%
Calls (shares)468K827K−43.5%
Puts (shares)400K687K−41.8%
Put/call ratio0.850.83+2.9%

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 192 buyingQ4 2024: 176 sellingQ4 '24Q1 2025: 278 buyingQ1 2025: 169 sellingQ1 '25Q2 2025: 275 buyingQ2 2025: 209 sellingQ2 '25Q3 2025: 252 buyingQ3 2025: 225 sellingQ3 '25Q4 2025: 276 buyingQ4 2025: 201 sellingQ4 '25Q1 2026: 294 buyingQ1 2026: 207 sellingQ1 '26Q2 2026: 283 buyingQ2 2026: 231 sellingQ2 '26
Buying 283Selling 231latest quarter

Superinvestors in BROS

All superinvestors →

Who owns BROS

share of fund held shares
  • Index and passive funds29.2%
  • Active managers and hedge funds55.4%
  • Banks and brokers12.5%
  • Pensions, insurers and other2.9%

The top 10 holders own 53.1% of all BROS shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q3 2024: 0.71Q3 '24Q4 2024: 0.51Q4 '24Q1 2025: 1.16Q1 '25Q2 2025: 1.64Q2 '25Q3 2025: 0.93Q3 '25Q4 2025: 0.68Q4 '25Q1 2026: 0.83Q1 '26Q2 2026: 0.85Q2 '260.85

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

171 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Fmr LLC–16.7M$1.2B+7.2M
2BlackRock, Inc.–14.7M$1.1B+785K
3Price T Rowe Associates Inc /md/–9.6M$689M+2M
4Vanguard Capital Management LLC–6.1M$436M+376K
5Vanguard Portfolio Management LLC–5.9M$426M+466K
6T. Rowe Price Investment Management, Inc.–4.3M$306M−365K
7State Street Corp–3.9M$277M+72K
8Wellington Management Group LLP–3.1M$222M+851K
9Baillie Gifford & Co–2.7M$197M−255K
10Geode Capital Management, LLC–2.5M$178M−47K
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

BROS institutional ownership FAQ

Who owns the most BROS stock?

In Q2 2026 13F filings the largest holder of BROS was Fmr LLC, followed by BlackRock, Inc. and Price T Rowe Associates Inc /md/. Index fund managers are usually the biggest holders of large companies.

What percentage of BROS is owned by institutions?

561 funds reported holding 131M BROS shares at Jun 30, 2026.

Are hedge funds buying BROS?

In Q2 2026, 283 funds bought BROS (109 of them new positions) and 231 sold (64 sold out completely). Among well known investors, 1 added and 3 cut. Our fund sentiment for BROS is neutral.

What is BROS's institutional put/call ratio?

Funds reported $28.7M of BROS puts against $33.6M of calls, a put/call ratio of 0.85 (0.83 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this BROS ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.