$BROS

$42.02 +$0.53 (1.28%) Close

$BROS Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 134.5M shares outstanding

Who owns BROS?

By type of holder

Institutions 96.8% Insiders 0.0% Everyone else 3.3%

Concentration Top 10 holders own 50.6%

FMR LLC 12.4% · BlackRock, Inc. 10.9%

Institutional ownership

96.8%

-1.3 pts vs last qtr

Institutional holders

556

+48 vs last qtr

Net shares bought

−1.8M

by institutions in Q2 2026

New / sold out

118 / 70

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

FMR LLC +7.2M
Price T Rowe Associates Inc /MD/ +2.0M

Biggest sellers in Q2 2026

Millennium Management LLC −3.2M
UBS Group AG −2.9M

Who is planning to sell?

Notices of proposed sale, last 12 months

$316M

19 notices from 4 people

Shares covered

5.7M

4.23% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

DM Trust Aggregator, LLC 10% stockholder 10b5-1 $116M
DM Individual Aggregator, LLC 10% stockholder 10b5-1 $114M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2021–FY2025

+174.2%

+28.68% a year

Each share's claim on the business

−63.5%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $268M

over 5 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years70% 1–3 years18% Under 1 year11%

Quarterly turnover

18.5%

of institutional shares changed hands

Top 10 managers, median time held

4.5 years

Super Investors

Investment managers reporting BROS on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
F FMR LLC	16.7M	12.43%	+7.2M (+74.8%)	2021	0.1%
Shares held by quarter Peak holding16.7M (Q2'26) Change over 8 quarters+13.4M Share of the company12.430% FMR LLC's full portfolio →
B BlackRock, Inc.	14.7M	10.90%	+784.9K (+5.7%)	2021	0.0%
Shares held by quarter Peak holding14.7M (Q2'26) Change over 8 quarters+10.1M Share of the company10.900% BlackRock, Inc.'s full portfolio →

FMR LLC

16.7M

% of company

12.43%

Change vs last qtr

+7.2M (+74.8%)

Held since

2021

BlackRock, Inc.

14.7M

% of company

10.90%

Change vs last qtr

+784.9K (+5.7%)

Held since

2021

28 more super investors behind a free account

See every manager holding Dutch Bros Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting BROS on Form N-PORT; together they hold 50.3% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
TR T. Rowe Price New Horizons Fund, Inc. T. Rowe Price New Horizons Fund, Inc.	$347M	4.8M	3.59%	2.36%	June 30, 2026
FC Fidelity Contrafund Fidelity Contrafund	$341M	4.7M	3.53%	0.19%	June 30, 2026

T. Rowe Price New Horizons Fund, Inc.

Position value

$347M

% of company

3.59%

% of the fund

2.36%

As of

June 30, 2026

Fidelity Contrafund

Position value

$341M

% of company

3.53%

% of the fund

0.19%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Dutch Bros Inc. and how much of the fund the position is.

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