13F

Stock

Dutch Bros Inc.

BROS · held by 511 managers

Reported value

$6.93B

Holders

511

+6 new · −2 exited

Holders’ est. mark

$26.6M

Price effect on 7 books still in the name

Largest holder

$679M

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard11.1M$679M—Held
BlackRock, Inc.7.31M$447.6M—Held
Fidelity7.21M$441.5M—Held
BAILLIE GIFFORD & CO3.23M$197.8M—Held
MARSHALL WACE, LLP3.1M$189.7M—Held
UBS Group AG3M$183.4M—Held
Squarepoint Ops LLC2.86M$175.3M—Held
MILLENNIUM MANAGEMENT LLC2.82M$172.8M—Held
Ninety One UK Ltd2.63M$160.7M—Held
Balyasny Asset Management L.P.2.48M$151.9M—Held
TSG Consumer Partners LP2.28M$139.6M—Held
GEODE CAPITAL MANAGEMENT, LLC2.27M$138.7M—Held
State Street2.02M$123.7M—Held
Alyeska Investment Group, L.P.1.86M$113.9M—Held
WESTFIELD CAPITAL MANAGEMENT CO LP1.78M$108.9M—Held
1832 Asset Management L.P.1.74M$106.3M—Held
MORGAN STANLEY1.71M$104.6M$13.9MAdded$22.6M
NORGES BANK1.58M$97M−$758.7KAdded$6.87M
JOHO CAPITAL LLC1.42M$86.8M—Held
ALLIANCEBERNSTEIN L.P.1.4M$86M—Held
RAYMOND JAMES FINANCIAL INC1.39M$85.9M—Held
D. E. Shaw & Co., Inc.1.38M$84.6M—Held
BANK OF AMERICA CORP /DE/1.36M$83.3M$12.1MCut−$14.4M
Invesco Ltd.1.35M$82.4M—Held
WELLINGTON MANAGEMENT GROUP LLP1.32M$81.1M—Held
GOLDMAN SACHS GROUP INC1.29M$79.2M—Held
AMERIPRISE FINANCIAL INC1.2M$73.4M—Held
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.17M$71.8M—Held
Point72 Asset Management, L.P.1.17M$71.7M—Held
DIMENSIONAL FUND ADVISORS LP1.17M$71.4M—Held
FULLER & THALER ASSET MANAGEMENT, INC.1.12M$68.4M—Held
BNP PARIBAS FINANCIAL MARKETS1M$61.3M—Held
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.982.3K$60.1M—Held
MANE GLOBAL CAPITAL MANAGEMENT LP971.4K$59.5M—Held
AMERICAN CENTURY COMPANIES INC945.9K$57.9M—Held
Interval Partners, LP935.6K$57.3M—Held
Clearbridge Investments, LLC853K$52.2M—Held
Allspring Global Investments Holdings, LLC832.4K$51.7M—Held
Qube Research & Technologies Ltd829.4K$50.8M—Held
WASATCH ADVISORS LP824.9K$50.5M—Held
Driehaus Capital Management LLC790.5K$48.4M—Held
VOYA INVESTMENT MANAGEMENT LLC751.4K$46M—Held
Freestone Grove Partners LP681.8K$41.7M—Held
Bank of New York Mellon Corp660.5K$40.4M—Held
Citadel623.5K$38.2M—Held
Holocene Advisors, LP605.1K$37M—Held
NORTHERN TRUST CORP602.1K$36.9M—Held
LPL Financial LLC563.2K$34.5M—Held
JPMORGAN CHASE & CO548K$33.6M—Held
Baird Financial Group, Inc.535.4K$32.8M—Held
BANK OF NOVA SCOTIA525.1K$32.1M—Held
FEDERATED HERMES, INC.521.2K$31.9M—Held
Engineers Gate Manager LP513.5K$31.4M—Held
ING GROEP NV494K$30.2M—Held
Woodline Partners LP492.3K$30.1M—Held
TEACHER RETIREMENT SYSTEM OF TEXAS476.9K$29.2M—Held
Nuveen, LLC467.8K$28.6M—Held
Aperture Investors, LLC434.5K$26.6M—Held
OBERWEIS ASSET MANAGEMENT INC/404.5K$24.8M—Held
JENNISON ASSOCIATES LLC382.1K$23.4M—Held
SEI INVESTMENTS CO369.1K$22.6M—Held
Shellback Capital, LP359K$22M—Held
ROYAL BANK OF CANADA351.5K$21.5M—Held
Schonfeld Strategic Advisors LLC343.8K$21M—Held
SUSQUEHANNA INTERNATIONAL GROUP, LLP323.4K$19.8M—Held
Assenagon Asset Management S.A.321.9K$19.7M—Held
Fenimore Asset Management Inc312.1K$19.1M—Held
NEXT CENTURY GROWTH INVESTORS LLC308.9K$18.9M—Held
RIVERBRIDGE PARTNERS LLC305.1K$18.7M—Held
Stephens Investment Management Group LLC304.3K$18.6M—Held
CANADA PENSION PLAN INVESTMENT BOARD296.3K$18.1M—Held
Crestwood Capital Management, L.P.285.4K$17.5M—Held
Waratah Capital Advisors Ltd.262.7K$16.1M—Held
WELLS FARGO & COMPANY/MN261.4K$16M—Held
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC251.4K$15.4M—Held
Swiss National Bank250.4K$15.3M—Held
Mitsubishi UFJ Trust & Banking Corp225.2K$13.8M—Held
Synergy Asset Management, LLC223.1K$13.7M—Held
Trexquant Investment LP209.2K$12.8M—Held
WHITTIER TRUST CO202.4K$12.8M—Held
CONGRESS ASSET MANAGEMENT CO206.2K$12.6M—Held
OSSIAM193.4K$11.8M—Held
Hudson Bay Capital Management LP185.1K$11.3M$659.6KAdded$7.44M
DEEPWATER ASSET MANAGEMENT, LLC179.1K$11M—Held
DEUTSCHE BANK AG\178K$10.9M—Held
Concurrent Investment Advisors, LLC173.5K$10.6M—Held
Verition Fund Management LLC172.8K$10.6M—Held
STIFEL FINANCIAL CORP171.7K$10.5M—Held
BLAIR WILLIAM & CO/IL169.8K$10.4M—Held
CAPITAL FUND MANAGEMENT S.A.167.7K$10.3M—Held
BROWN BROTHERS HARRIMAN & CO165.3K$10.1M—Held
STATE OF WISCONSIN INVESTMENT BOARD164.9K$10.1M—Held
DARK FOREST CAPITAL MANAGEMENT LP162.6K$9.95M—Held
Jain Global LLC162.5K$9.95M—Held
California Public Employees Retirement System156.6K$9.58M—Held
ASHFORD CAPITAL MANAGEMENT INC156.3K$9.57M—Held
LMR Partners LLP152K$9.31M—Held
Russell Investments Group, Ltd.151.3K$9.26M—Held
FIL Ltd150K$9.18M—Held
Cetera Investment Advisers148.4K$9.09M—Held
Amundi148.3K$9.08M—Held
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.142.7K$8.74M—Held
VICTORY CAPITAL MANAGEMENT INC137.3K$8.4M—Held
NEUBERGER BERMAN GROUP LLC135.9K$8.32M—Held
Cullen/Frost Bankers, Inc.135.2K$8.28M—Held
Benchstone Capital Management LP134.6K$8.24M—Held
Legal & General Group Plc126.8K$7.76M—Held
RHUMBLINE ADVISERS124.7K$7.64M—Held
Granite Investment Partners, LLC123.4K$7.55M—Held
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM123.3K$7.55M—Held
SILVERCREST ASSET MANAGEMENT GROUP LLC121.2K$7.42M—Held
Savoir Faire Capital Management, L.P.116.8K$7.15M—Held
WHITTIER TRUST CO OF NEVADA INC105.5K$6.68M—Held
Walleye Trading LLC105.7K$6.47M—Held
NEW YORK STATE COMMON RETIREMENT FUND100.8K$6.17M—Held
OSAIC HOLDINGS, INC.97.1K$5.94M—Held
ENVESTNET ASSET MANAGEMENT INC97K$5.94M—Held
Pembroke Management, LTD96.5K$5.91M—Held
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM96.5K$5.91M—Held
WORLDQUANT MILLENNIUM ADVISORS LLC96K$5.88M—Held
Ninety One SA (Pty) Ltd87.8K$5.37M—Held
Citizens Business Bank86.3K$5.29M—Held
Universal- Beteiligungs- und Servicegesellschaft mbH86.2K$5.28M—Held
THORNBURG INVESTMENT MANAGEMENT INC85.8K$5.25M—Held
Lighthouse Investment Partners, LLC85.3K$5.23M—Held
Jump Financial, LLC81.7K$5M—Held
Allianz Asset Management GmbH79.8K$4.88M—Held
Rockefeller Capital Management L.P.79.7K$4.88M—Held
EFG International AG76.5K$4.68M—Held
&PARTNERS76.3K$4.67M—Held
PANAGORA ASSET MANAGEMENT INC76.2K$4.67M—Held
JONES FINANCIAL COMPANIES LLLP76.2K$4.67M—Held
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO73.7K$4.51M—Held
B. Riley Wealth Advisors, Inc.73.5K$4.5M—Held
Lisanti Capital Growth, LLC65.8K$4.03M—Held
KENNEDY CAPITAL MANAGEMENT LLC63.1K$3.86M—Held
CAPSTONE INVESTMENT ADVISORS, LLC62.8K$3.85M—Held
TUDOR INVESTMENT CORP ET AL62.7K$3.84M—New
TRUE Private Wealth Advisors60.2K$3.68M—Held
KORNITZER CAPITAL MANAGEMENT INC /KS59.6K$3.65M—Held
Watershed Asset Management, L.L.C.57.2K$3.5M—Held
D.A. DAVIDSON & CO.56.8K$3.48M—Held
ANDERSON HOAGLAND & CO55.1K$3.37M—Held
Moran Wealth Management, LLC54.4K$3.33M—Held
JANUS HENDERSON GROUP PLC54.3K$3.32M—Held
Diametric Capital, LP53.2K$3.25M—Held
BAILARD, INC.51.5K$3.15M—Held
FIRST TRUST ADVISORS LP51K$3.12M—Held
Police & Firemen's Retirement System of New Jersey50.5K$3.09M—Held
Aquatic Capital Management LLC47.4K$2.9M—Held
Taylor Frigon Capital Management LLC46.5K$2.85M—Held
COMMONWEALTH EQUITY SERVICES, LLC45.4K$2.78M—Held
Timelo Investment Management Inc.45K$2.75M—Held
Qsemble Capital Management, LP44.6K$2.73M—Held
State of New Jersey Common Pension Fund D44.3K$2.71M—Held
Gotham Asset Management, LLC43.5K$2.66M—Held
CAMELOT TECHNOLOGY ADVISORS, INC.42K$2.57M—Held
BARCLAYS PLC41.5K$2.54M$368.7KCut−$8.58M
Range Rock Capital, LLC40.5K$2.48M—Held
IMC-Chicago, LLC40.3K$2.46M—Held
Darwins River Capital, LP38.6K$2.36M—Held
PLATINUM INVESTMENT MANAGEMENT LTD37.5K$2.3M—Held
Polar Asset Management Partners Inc.37.4K$2.29M—New
Longaeva Partners L.P.36.9K$2.26M—Held
Ninety One North America, Inc.35.4K$2.17M—Held
ARIZONA STATE RETIREMENT SYSTEM34.9K$2.14M—Held
TD Asset Management Inc34.6K$2.12M—Held
MANUFACTURERS LIFE INSURANCE COMPANY, THE31.3K$1.92M—Held
SummitTX Capital, L.P.30.9K$1.89M—Held
KESTRA PRIVATE WEALTH SERVICES, LLC30.5K$1.87M—Held
OPPENHEIMER ASSET MANAGEMENT INC.29.3K$1.79M—Held
Mitsubishi UFJ Asset Management Co., Ltd.28.7K$1.78M—Held
Man Group plc28.8K$1.76M—Held
RPG Investment Advisory, LLC28.8K$1.76M—Held
COMERICA BANK28.5K$1.74M—Held
JOHNSON INVESTMENT COUNSEL INC28.3K$1.73M—Held
CITIGROUP INC27.6K$1.69M—Held
Creative Planning27.1K$1.66M—Held
KLP KAPITALFORVALTNING AS27.1K$1.66M—Held
Zurcher Kantonalbank (Zurich Cantonalbank)25.8K$1.58M—Held
US BANCORP \DE\25.7K$1.58M—Held
Private Advisor Group, LLC24.7K$1.51M—Held
OPPENHEIMER & CO INC24.1K$1.48M—Held
INDEPENDENT FINANCIAL GROUP, LLC24K$1.47M$213.3KAdded$72.4K
INTERCAPITAL, LLC23.9K$1.47M—Held
Cinctive Capital Management LP23.9K$1.46M—Held
Calamos Advisors LLC23.6K$1.44M—Held
Rubicon Advisors, GP23.1K$1.41M—Held
TWO SIGMA INVESTMENTS, LP22.6K$1.39M—Held
Steward Partners Investment Advisory, LLC22.3K$1.36M—Held
FOX RUN MANAGEMENT, L.L.C.21.8K$1.33M—Held
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna21.3K$1.31M—Held
Quantinno Capital Management LP21.2K$1.3M—Held
Cherry Creek Investment Advisors, Inc.20.2K$1.24M—Held
Independent Advisor Alliance20K$1.22M—Held
Inspire Advisors, LLC19.6K$1.2M—Held
1492 Capital Management LLC19.5K$1.19M—Held
XTX Topco Ltd18.8K$1.15M—Held
Shay Capital LLC18.4K$1.13M—Held
Walleye Capital LLC18.4K$1.13M—Held
Pictet Asset Management Holding SA18.2K$1.11M—Held
Legato Capital Management LLC18.1K$1.11M—Held
GROUP ONE TRADING LLC17.9K$1.1M—Held
TWIN CAPITAL MANAGEMENT INC17.8K$1.09M—Held
Voleon Capital Management LP17.8K$1.09M—Held
XPONANCE LLC17.8K$1.09M—Held
Orca Investment Management, LLC17.8K$1.09M—Held
Baldwin Investment Management, LLC17.5K$1.07M—Held
Blueshift Asset Management, LLC17.2K$1.05M—Held
One Day In July LLC16.6K$1.02M—Held
PRELUDE CAPITAL MANAGEMENT, LLC16.3K$997.9K—Held
LOS ANGELES CAPITAL MANAGEMENT LLC17.7K$982.4K—Held
HighTower Advisors, LLC16K$977.7K—Held
Pinpoint Asset Management (Singapore) Pte. Ltd.15.7K$962.1K—Held
PNC Financial Services Group, Inc.15.4K$940.7K—Held
BECKER CAPITAL MANAGEMENT INC15.4K$939.8K—Held
Paloma Partners Management Co15K$918.3K—Held
Graham Capital Management, L.P.14.9K$911.2K—Held
Concentric Capital Strategies, LP14.5K$889.6K—Held
HUB Investment Partners, LLC14.4K$884.4K—Held
TRUIST FINANCIAL CORP14.1K$863K—Held
COMMERCE BANK13.8K$845K—Held
Quantbot Technologies LP13.8K$843K—Held
VERUS CAPITAL PARTNERS, LLC13.1K$803.9K—Held
Cannon Global Investment Management, LLC12.2K$746.9K—Held
Total Clarity Wealth Management, Inc.12.1K$739.5K—Held
Federation des caisses Desjardins du Quebec12K$733.3K—Held
VIRGINIA RETIREMENT SYSTEMS ET Al11.9K$731.6K—Held
Stratos Wealth Partners, LTD.11.9K$726.7K—Held
SCRATCH CAPITAL LLC11.9K$726.1K—Held
Dockside LLC11.7K$715.7K—Held
Insight Wealth Partners, LLC11.7K$713.6K—Held
WINTON GROUP Ltd11.6K$711.4K—Held
CWC Advisors, LLC.11.5K$705.2K—Held
JANE STREET GROUP, LLC11.4K$700.7K—Held
BANK OF MONTREAL /CAN/11.4K$700.2K—Held
Camelot Portfolios, LLC11.4K$697.9K—Held
Icahn Capital11.2K$684.5K—Held
Parallel Advisors, LLC10.8K$663.2K—Held
Yorktown Management & Research Co Inc10.3K$630.6K—Held
Catalyst Funds Management Pty Ltd10.3K$628.7K—Held
Kestra Advisory Services, LLC10.2K$623.9K—Held
LEVEL FOUR ADVISORY SERVICES, LLC10.1K$620.8K—Held
Farther Finance Advisors, LLC10.1K$619.3K—Held
Vestmark Advisory Solutions, Inc.9.81K$600.3K—Held
AlphaCore Capital LLC9.77K$598.2K—Held
OP Asset Management Ltd9.71K$594.3K$86.2KAdded$86.2K
Brookwood Investment Group LLC9.36K$572.7K—Held
Bridgefront Capital, LLC9.26K$567K—Held
Pinnacle Financial Partners, Inc.9.02K$552.4K—Held

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.