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Security record

BROS

Dutch Bros Inc. · Consumer Cyclical · Restaurants

51.08 -1.7% mkt cap $8.83B quote delayed (FMP) · as of Aug 25 22:08 UTC — separate from filing data below

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024
117Tracked holders
+2Δ holders
98.37MShares held
$7.05BReported value
+9New positions
−6Exits
Stable Conviction score 53/100 6 quarters of rising tracked shares ●●●●●● How these are computed → Explain this at the Research Desk →

Momentum inputs (comparable managers): holder breadth +1.7% · share flow -0.7% · net new positions +2.6%formula
Ownership fragmentation — more holders, smaller aggregate stake

All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2026

Ownership over time
QuarterHoldersΔSharesReported valueNewExits
Q2 2026 117 +2 98.37M $7.05B +9 −6
Q1 2026 117 -8 98.28M $4.98B +6 −15
Q4 2025 126 +1 92.77M $5.68B +3 −1
Q3 2025 19 -1 50.32M $2.63B −2
Q2 2025 18 0 45.86M $3.14B
Q1 2025 15 0 23.45M $1.45B
Q4 2024 15 +1 20.73M $1.09B +1
Q3 2024 13 +1 26.97M $863.92M +2 −1
Q2 2024 12 18.14M $751.12M
Holder count
Who holds it · Q2 2026
#ManagerSharesΔ sharesValueTheir weightHeld
1 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
2 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
3 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
4 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
5 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
6 Fidelity (FMR) 16.72M +74.8% $1.20B 0.1% ▲ Add 5 SEC ↗
7 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
8 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
9 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
10 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
11 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
12 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
13 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
14 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
15 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
16 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
17 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
18 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
19 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
20 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
21 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
22 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
23 BlackRock (passive) 14.66M +5.7% $1.05B 0.0% ▲ Add 5 SEC ↗
24 T. Rowe Price 9.59M +25.7% $688.94M 0.1% ▲ Add 9 SEC ↗
25 T. Rowe Price 9.59M +25.7% $688.94M 0.1% ▲ Add 9 SEC ↗
26 Vanguard Capital Management Llc 6.07M +6.6% $435.64M 0.0% ▲ Add 2 SEC ↗
27 State Street Global Advisors (passive) 3.85M +1.9% $276.56M 0.0% ▲ Add 7 SEC ↗
28 Wellington Management 3.09M +38.0% $221.96M 0.0% ▲ Add 9 SEC ↗
29 Wellington Management 3.09M +38.0% $221.96M 0.0% ▲ Add 9 SEC ↗
30 Wellington Management 3.09M +38.0% $221.96M 0.0% ▲ Add 9 SEC ↗
31 Wellington Management 3.09M +38.0% $221.96M 0.0% ▲ Add 9 SEC ↗
32 Wellington Management 3.09M +38.0% $221.96M 0.0% ▲ Add 9 SEC ↗
33 Baillie Gifford 2.74M -8.5% $196.68M 0.2% ▼ Trim 8 SEC ↗
34 Baillie Gifford 2.74M -8.5% $196.68M 0.2% ▼ Trim 8 SEC ↗
35 Baillie Gifford 2.74M -8.5% $196.68M 0.2% ▼ Trim 8 SEC ↗
36 Baillie Gifford 2.74M -8.5% $196.68M 0.2% ▼ Trim 8 SEC ↗
37 Geode Capital Management (passive) 2.48M -1.8% $178.39M 0.0% ▼ Trim 9 SEC ↗
38 Geode Capital Management (passive) 2.48M -1.8% $178.39M 0.0% ▼ Trim 9 SEC ↗
39 Citadel Advisors 2.21M +10.2% $158.77M 0.1% ▲ Add 9 SEC ↗
40 Citadel Advisors 2.21M +10.2% $158.77M 0.1% ▲ Add 9 SEC ↗
41 1832 Asset Management L.P. 2.01M +95.3% $144.47M 0.2% ▲ Add 3 SEC ↗
42 Goldman Sachs Group 1.99M +17.7% $142.91M 0.0% ▲ Add 4 SEC ↗
43 Goldman Sachs Group 1.99M +17.7% $142.91M 0.0% ▲ Add 4 SEC ↗
44 Goldman Sachs Group 1.99M +17.7% $142.91M 0.0% ▲ Add 4 SEC ↗
45 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
46 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
47 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
48 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
49 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
50 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
51 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
52 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
53 Morgan Stanley 1.89M -23.4% $135.51M 0.0% ▼ Trim 4 SEC ↗
54 American Century Companies Inc 1.72M +29.3% $123.23M 0.1% ▲ Add 3 SEC ↗
55 Bank Of America Corp /De/ 1.60M -11.7% $115.11M 0.0% ▼ Trim 3 SEC ↗
56 Bank Of America Corp /De/ 1.60M -11.7% $115.11M 0.0% ▼ Trim 3 SEC ↗
57 Bank Of America Corp /De/ 1.60M -11.7% $115.11M 0.0% ▼ Trim 3 SEC ↗
58 Bank Of America Corp /De/ 1.60M -11.7% $115.11M 0.0% ▼ Trim 3 SEC ↗
59 Bank Of America Corp /De/ 1.60M -11.7% $115.11M 0.0% ▼ Trim 3 SEC ↗
60 Marshall Wace 1.46M -43.7% $104.81M 0.1% ▼ Trim 9 SEC ↗
61 Marshall Wace 1.46M -43.7% $104.81M 0.1% ▼ Trim 9 SEC ↗
62 Marshall Wace 1.46M -43.7% $104.81M 0.1% ▼ Trim 9 SEC ↗
63 Dimensional Fund Advisors Lp 1.26M +4.6% $90.47M 0.0% ▲ Add 3 SEC ↗
64 Dimensional Fund Advisors Lp 1.26M +4.6% $90.47M 0.0% ▲ Add 3 SEC ↗
65 Dimensional Fund Advisors Lp 1.26M +4.6% $90.47M 0.0% ▲ Add 3 SEC ↗
66 Dimensional Fund Advisors Lp 1.26M +4.6% $90.47M 0.0% ▲ Add 3 SEC ↗
67 Dimensional Fund Advisors Lp 1.26M +4.6% $90.47M 0.0% ▲ Add 3 SEC ↗
68 Charles Schwab Investment… 1.21M -0.5% $86.63M 0.0% ▼ Trim 3 SEC ↗
69 Charles Schwab Investment… 1.21M -0.5% $86.63M 0.0% ▼ Trim 3 SEC ↗
70 Jane Street Group, Llc 1.19M +391.1% $85.20M 0.1% ▲ Add 3 SEC ↗
71 Jane Street Group, Llc 1.19M +391.1% $85.20M 0.1% ▲ Add 3 SEC ↗
72 UBS Group AG 1.14M -71.8% $81.51M 0.0% ▼ Trim 3 SEC ↗
73 UBS Group AG 1.14M -71.8% $81.51M 0.0% ▼ Trim 3 SEC ↗
74 UBS Group AG 1.14M -71.8% $81.51M 0.0% ▼ Trim 3 SEC ↗
75 UBS Group AG 1.14M -71.8% $81.51M 0.0% ▼ Trim 3 SEC ↗
76 UBS Group AG 1.14M -71.8% $81.51M 0.0% ▼ Trim 3 SEC ↗
77 Ameriprise Financial Inc 1.09M -19.7% $78.43M 0.0% ▼ Trim 3 SEC ↗
78 Ameriprise Financial Inc 1.09M -19.7% $78.43M 0.0% ▼ Trim 3 SEC ↗
79 Ameriprise Financial Inc 1.09M -19.7% $78.43M 0.0% ▼ Trim 3 SEC ↗
80 Ameriprise Financial Inc 1.09M -19.7% $78.43M 0.0% ▼ Trim 3 SEC ↗
81 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
82 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
83 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
84 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
85 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
86 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
87 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
88 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
89 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
90 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
91 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
92 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
93 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
94 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
95 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
96 Bank of New York Mellon Corp 1.08M +3.7% $77.81M 0.0% ▲ Add 3 SEC ↗
97 Voya Investment Management Llc 1.07M -1.9% $77.02M 0.1% ▼ Trim 3 SEC ↗
98 Voya Investment Management Llc 1.07M -1.9% $77.02M 0.1% ▼ Trim 3 SEC ↗
99 Voya Investment Management Llc 1.07M -1.9% $77.02M 0.1% ▼ Trim 3 SEC ↗
100 Norges Bank (passive) 1.03M New $73.75M 0.0% New 1 SEC ↗

“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.

New buyers

Norges Bank $73.75M 0.0%

Exited

Holocene Advisors, LP $29.55M was 0.1%
Nomura Holdings Inc $3.24M was 0.0%
Toronto Dominion Bank $888,982 was 0.0%
IMC-Chicago, LLC $774,946 was 0.0%
Mariner, LLC $418,604 was 0.0%
Bank Of Nova Scotia $254,187 was 0.0%

Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 503 holders, 131.54M shares, $6.01B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.

Frequently co-owned

What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.

Insider transactions

Open-market purchases (P)

Aug 13 Penegor Todd Allan

Director · 2.00K sh @ 51.56 · $103,120

Open-market sales (S)

No open-market insider sales in our coverage window.

Awards, exercises and tax withholding are never counted as buys or sales here. Methodology

Beneficial ownership
Aug 12 SC 13G/A — Boersma Travis

View original SEC filing ↗

Aug 06 SC 13G/A — FMR LLC

View original SEC filing ↗

Provenance: Ownership from parsed 13F common-stock positions (tracked universe, comparable sets for changes); insider rows from Forms 3/4/5; stakes from Schedules 13D/13G; every filing links to its original on SEC EDGAR. Reporting period: Q2 2026 · Methodology · Get this via the API