Dutch Bros Ownership 2024 | Who Owns Dutch Bros Now?

Overview Forecast RevenueFinancials Chart Transcripts

Institutional Ownership

117.48%

Insider Ownership

5.81%

Retail Ownership

-23.29%

Institutional Holders

362.00

Dutch Bros Institutional Shareholders

Institutional Shareholders by % of Total Shares

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
VANGUARD GROUP INC	10.13%	0.01%	8,441,303	2,029,057	31.64%	349,469,944	Jun 30, 2024
TSG CONSUMER PARTNERS LP	6.26%	32.99%	5,217,967	-25,332,851	-82.92%	216,023,834	Jun 30, 2024
FMR LLC	5.94%	0.01%	4,952,558	715,984	16.90%	205,035,916	Jun 30, 2024
MARSHALL WACE, LLP	4.76%	0.22%	3,962,374	527,716	15.36%	164,042,283	Jun 30, 2024
BLACKROCK INC.	4.48%	0.00%	3,732,575	2,386,646	177.32%	154,528,605	Jun 30, 2024
T. ROWE PRICE INVESTMENT MANAGEMENT, INC.	4.34%	0.09%	3,620,500	-180,417	-4.75%	149,889,000	Jun 30, 2024
BANK OF AMERICA CORP /DE/	4.19%	0.01%	3,489,175	2,103,064	151.72%	144,451,844	Jun 30, 2024
D. E. SHAW & CO., INC.	2.86%	0.09%	2,382,636	1,669,266	234.00%	98,641,130	Jun 30, 2024
DRIEHAUS CAPITAL MANAGEMENT LLC	2.69%	0.90%	2,245,241	222,650	11.01%	92,952,977	Jun 30, 2024
AMERIPRISE FINANCIAL INC	2.54%	0.02%	2,116,193	624,640	41.88%	87,610,426	Jun 30, 2024
WARATAH CAPITAL ADVISORS LTD.	2.47%	3.13%	2,061,875	2,061,875	100.00%	85,361,625	Jun 30, 2024
BALYASNY ASSET MANAGEMENT L.P.	1.95%	0.12%	1,621,471	-1,278,464	-44.09%	67,128,899	Jun 30, 2024
MANE GLOBAL CAPITAL MANAGEMENT LP	1.93%	4.54%	1,604,803	384,703	31.53%	66,438,844	Jun 30, 2024
ALLIANCEBERNSTEIN L.P.	1.92%	0.02%	1,597,137	1,586,535	14964.49%	66,121,472	Jun 30, 2024
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	1.90%	1.34%	1,585,159	480,153	43.45%	65,625,583	Jun 30, 2024
CANDLESTICK CAPITAL MANAGEMENT LP	1.84%	1.75%	1,535,485	1,535,485	100.00%	63,569,079	Jun 30, 2024
MORGAN STANLEY	1.75%	0.00%	1,454,393	810,484	125.87%	60,211,901	Jun 30, 2024
AMERICAN CENTURY COMPANIES INC	1.68%	0.04%	1,401,945	788	0.06%	58,040,523	Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC	1.66%	0.10%	1,387,317	1,387,317	100.00%	57,434,924	Jun 30, 2024
GEODE CAPITAL MANAGEMENT, LLC	1.65%	0.01%	1,375,517	648,669	89.24%	56,962,722	Jun 30, 2024

Dutch Bros's largest institutional shareholder is VANGUARD GROUP INC, holding 10.13% of the company's total share outstanding, currently valued at $349.47M. The top 10 institutional shareholders own together 48.20% of the company.

Institutional Shareholders by % of Total Assets

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
TSG CONSUMER PARTNERS LP	6.26%	32.99%	5,217,967	-25,332,851	-82.92%	216,023,834	Jun 30, 2024
CRESTWOOD CAPITAL MANAGEMENT, L.P.	0.47%	11.50%	389,009	68,306	21.30%	16,104,973	Jun 30, 2024
JOHO CAPITAL LLC	1.64%	7.99%	1,364,514	-	-	56,490,880	Jun 30, 2024
MANE GLOBAL CAPITAL MANAGEMENT LP	1.93%	4.54%	1,604,803	384,703	31.53%	66,438,844	Jun 30, 2024
WARATAH CAPITAL ADVISORS LTD.	2.47%	3.13%	2,061,875	2,061,875	100.00%	85,361,625	Jun 30, 2024
SEVEN GRAND MANAGERS, LLC	0.18%	2.81%	150,000	-	-	6,210,000	Jun 30, 2024
TAYLOR FRIGON CAPITAL MANAGEMENT LLC	0.14%	2.22%	112,751	-504	-0.45%	4,667,891	Jun 30, 2024
RENAISSANCE CAPITAL LLC	0.10%	1.90%	82,256	51,230	165.12%	3,405,398	Jun 30, 2024
SHELLBACK CAPITAL, LP	0.73%	1.85%	608,339	527,161	649.39%	25,185,235	Jun 30, 2024
CANDLESTICK CAPITAL MANAGEMENT LP	1.84%	1.75%	1,535,485	1,535,485	100.00%	63,569,079	Jun 30, 2024
CONCURRENT INVESTMENT ADVISORS, LLC	1.49%	1.69%	1,240,399	1,109,370	846.66%	51,352,519	Jun 30, 2024
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	1.90%	1.34%	1,585,159	480,153	43.45%	65,625,583	Jun 30, 2024
CANNON GLOBAL INVESTMENT MANAGEMENT, LLC	0.01%	1.25%	6,500	-18,300	-73.79%	269,100	Jun 30, 2024
DRIEHAUS CAPITAL MANAGEMENT LLC	2.69%	0.90%	2,245,241	222,650	11.01%	92,952,977	Jun 30, 2024
DIAMETRIC CAPITAL, LP	0.05%	0.86%	38,344	15,130	65.18%	1,587,441	Jun 30, 2024
PIER CAPITAL, LLC	0.15%	0.79%	127,527	12,514	10.88%	5,279,618	Jun 30, 2024
PRIVATE WEALTH ADVISORS, LLC	0.05%	0.71%	44,233	153	0.35%	1,851,151	Jun 30, 2024
ORCA INVESTMENT MANAGEMENT, LLC	0.02%	0.69%	17,371	-547	-3.05%	719,159	Jun 30, 2024
EAM INVESTORS, LLC	0.12%	0.67%	100,052	100,052	100.00%	4,142,153	Jun 30, 2024
PEARL RIVER CAPITAL, LLC	0.12%	0.66%	100,048	75,278	303.91%	4,141,987	Jun 30, 2024

The largest Dutch Bros shareholder by % of total assets is TSG CONSUMER PARTNERS LP. The company owns 5.22M shares of Dutch Bros (BROS), representing 32.99% of its total assets.

Institutional Buyers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
BLACKROCK INC.	4.48%	0.00%	3,732,575	2,386,646	177.32%	154,528,605	Jun 30, 2024
BANK OF AMERICA CORP /DE/	4.19%	0.01%	3,489,175	2,103,064	151.72%	144,451,844	Jun 30, 2024
WARATAH CAPITAL ADVISORS LTD.	2.47%	3.13%	2,061,875	2,061,875	100.00%	85,361,625	Jun 30, 2024
VANGUARD GROUP INC	10.13%	0.01%	8,441,303	2,029,057	31.64%	349,469,944	Jun 30, 2024
D. E. SHAW & CO., INC.	2.86%	0.09%	2,382,636	1,669,266	234.00%	98,641,130	Jun 30, 2024
ALLIANCEBERNSTEIN L.P.	1.92%	0.02%	1,597,137	1,586,535	14964.49%	66,121,472	Jun 30, 2024
CANDLESTICK CAPITAL MANAGEMENT LP	1.84%	1.75%	1,535,485	1,535,485	100.00%	63,569,079	Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC	1.66%	0.10%	1,387,317	1,387,317	100.00%	57,434,924	Jun 30, 2024
EAGLE ASSET MANAGEMENT INC	1.53%	0.29%	1,278,676	1,278,676	100.00%	53,512,590	Jun 30, 2024
CONCURRENT INVESTMENT ADVISORS, LLC	1.49%	1.69%	1,240,399	1,109,370	846.66%	51,352,519	Jun 30, 2024
BAIRD FINANCIAL GROUP, INC.	1.47%	0.10%	1,222,684	1,079,134	751.75%	50,619,118	Jun 30, 2024
BANK OF NEW YORK MELLON CORP	1.30%	0.01%	1,081,306	1,068,352	8247.27%	44,766,070	Jun 30, 2024
STATE STREET CORP	1.54%	0.00%	1,287,190	938,565	269.22%	53,289,666,000	Jun 30, 2024
WELLINGTON MANAGEMENT GROUP LLP	1.01%	0.01%	841,455	841,455	100.00%	34,836,237	Jun 30, 2024
MORGAN STANLEY	1.75%	0.00%	1,454,393	810,484	125.87%	60,211,901	Jun 30, 2024
DEUTSCHE BANK AG\	0.96%	0.01%	800,285	798,190	38099.76%	33,131,799	Jun 30, 2024
PRINCIPAL FINANCIAL GROUP INC	0.90%	0.02%	752,482	740,524	6192.71%	31,152,754,000	Jun 30, 2024
FMR LLC	5.94%	0.01%	4,952,558	715,984	16.90%	205,035,916	Jun 30, 2024
MACQUARIE GROUP LTD	0.81%	0.03%	672,416	670,792	41304.93%	27,837,901	Jun 30, 2024
GEODE CAPITAL MANAGEMENT, LLC	1.65%	0.01%	1,375,517	648,669	89.24%	56,962,722	Jun 30, 2024

As of Jun 30 2024, Dutch Bros's largest institutional buyer is BLACKROCK INC.. The company purchased 2.39M stocks of BROS, valued at $154.53M.

Institutional Sellers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
TSG CONSUMER PARTNERS LP	6.26%	32.99%	5,217,967	-25,332,851	-82.92%	216,023,834	Jun 30, 2024
BALYASNY ASSET MANAGEMENT L.P.	1.95%	0.12%	1,621,471	-1,278,464	-44.09%	67,128,899	Jun 30, 2024
MILLENNIUM MANAGEMENT LLC	0.64%	0.01%	534,598	-896,893	-62.65%	22,132,357	Jun 30, 2024
HOOD RIVER CAPITAL MANAGEMENT LLC	-	-	-	-633,111	-100.00%	-	Jun 30, 2024
VERITION FUND MANAGEMENT LLC	-	-	-	-366,175	-100.00%	-	Jun 30, 2024
WOODLINE PARTNERS LP	0.41%	0.13%	337,803	-328,105	-49.27%	13,985,044	Jun 30, 2024
WALLEYE CAPITAL LLC	0.10%	0.01%	85,578	-272,024	-76.07%	3,542,929	Jun 30, 2024
SCULPTOR CAPITAL LP	-	-	-	-224,270	-100.00%	-	Jun 30, 2024
PEAK6 INVESTMENTS LLC	0.09%	0.01%	74,300	-215,600	-74.37%	3,076,020	Jun 30, 2024
ALYESKA INVESTMENT GROUP, L.P.	-	-	-	-198,073	-100.00%	-	Jun 30, 2024
T. ROWE PRICE INVESTMENT MANAGEMENT, INC.	4.34%	0.09%	3,620,500	-180,417	-4.75%	149,889,000	Jun 30, 2024
TWINBEECH CAPITAL LP	-	-	-	-171,786	-100.00%	-	Jun 30, 2024
CAPTION MANAGEMENT, LLC	-	-	-	-160,000	-100.00%	-	Jun 30, 2024
HRT FINANCIAL LP	-	-	-	-158,459	-100.00%	-	Jun 30, 2024
WEISS ASSET MANAGEMENT LP	-	-	-	-156,775	-100.00%	-	Jun 30, 2024
VOYA INVESTMENT MANAGEMENT LLC	0.51%	0.02%	423,516	-152,598	-26.49%	17,533,562	Jun 30, 2024
NISHKAMA CAPITAL, LLC	-	-	-	-124,559	-100.00%	-	Jun 30, 2024
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.	0.12%	0.35%	100,607	-119,597	-54.31%	4,165,130	Jun 30, 2024
CUBIST SYSTEMATIC STRATEGIES, LLC	0.05%	0.01%	44,907	-106,999	-70.44%	1,859,136	Jun 30, 2024
UBS GROUP AG	-	-	-	-100,000	-100.00%	-	Jun 30, 2024

As of Jun 30 2024, Dutch Bros's biggest institutional seller is TSG CONSUMER PARTNERS LP. The company sold -25.33M shares of BROS, valued at $216.02M.

Institutional New positions

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
WARATAH CAPITAL ADVISORS LTD.	2.47%	3.13%	2,061,875	2,061,875	100.00%	85,361,625	Jun 30, 2024
CANDLESTICK CAPITAL MANAGEMENT LP	1.84%	1.75%	1,535,485	1,535,485	100.00%	63,569,079	Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC	1.66%	0.10%	1,387,317	1,387,317	100.00%	57,434,924	Jun 30, 2024
EAGLE ASSET MANAGEMENT INC	1.53%	0.29%	1,278,676	1,278,676	100.00%	53,512,590	Jun 30, 2024
WELLINGTON MANAGEMENT GROUP LLP	1.01%	0.01%	841,455	841,455	100.00%	34,836,237	Jun 30, 2024
NORGES BANK	0.67%	0.00%	558,574	558,574	100.00%	23,124,964	Jun 30, 2024
INTERVAL PARTNERS, LP	0.50%	0.38%	418,601	418,601	100.00%	17,330,081	Jun 30, 2024
TWIN TREE MANAGEMENT, LP	0.44%	0.03%	369,500	369,500	100.00%	15,297,301	Jun 30, 2024
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	0.40%	0.04%	335,343	335,343	100.00%	13,883,200	Jun 30, 2024
TWIN TREE MANAGEMENT, LP	0.36%	0.03%	297,100	297,100	100.00%	12,299,940	Jun 30, 2024
VOLORIDGE INVESTMENT MANAGEMENT, LLC	0.31%	0.04%	261,352	261,352	100.00%	10,819,973	Jun 30, 2024
SILVERCREST ASSET MANAGEMENT GROUP LLC	0.21%	0.05%	178,741	178,741	100.00%	7,399,877	Jun 30, 2024
NUVEEN ASSET MANAGEMENT, LLC	0.20%	0.00%	169,009	169,009	100.00%	6,996,973	Jun 30, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	0.20%	0.02%	169,000	169,000	100.00%	6,996,600	Jun 30, 2024
NEXT CENTURY GROWTH INVESTORS LLC	0.20%	0.58%	168,304	168,304	100.00%	6,967,785	Jun 30, 2024
OBERWEIS ASSET MANAGEMENT INC/	0.18%	0.39%	152,700	152,700	100.00%	6,321,780	Jun 30, 2024
1832 ASSET MANAGEMENT L.P.	0.13%	0.00%	104,800	104,800	100.00%	4,338,720	Jun 30, 2024
EAM INVESTORS, LLC	0.12%	0.67%	100,052	100,052	100.00%	4,142,153	Jun 30, 2024
FIRST TRUST ADVISORS LP	0.11%	0.00%	94,598	94,598	100.00%	3,916,357	Jun 30, 2024
HUDSON BAY CAPITAL MANAGEMENT LP	0.10%	0.02%	86,469	86,469	100.00%	3,579,817	Jun 30, 2024
BANK OF MONTREAL /CAN/	0.10%	0.00%	86,189	86,189	100.00%	3,570,810	Jun 30, 2024
KENNEDY CAPITAL MANAGEMENT LLC	0.10%	0.08%	85,756	85,756	100.00%	3,550,298	Jun 30, 2024
BRANT POINT INVESTMENT MANAGEMENT LLC	0.09%	0.28%	74,776	74,776	100.00%	3,095,726	Jun 30, 2024
STATE OF NEW JERSEY COMMON PENSION FUND D	0.06%	0.01%	51,011	51,011	100.00%	2,111,855	Jun 30, 2024
PENSERRA CAPITAL MANAGEMENT LLC	0.05%	0.02%	42,649	42,649	100.00%	1,766,000	Jun 30, 2024
ROYAL BANK OF CANADA	0.05%	0.00%	41,800	41,800	100.00%	1,731,000	Jun 30, 2024
HIGHTOWER ADVISORS, LLC	0.05%	-	40,000	40,000	100.00%	17,039	Jun 30, 2024
TREASURER OF THE STATE OF NORTH CAROLINA	0.05%	0.01%	39,840	39,840	100.00%	1,649,000	Jun 30, 2024
PRELUDE CAPITAL MANAGEMENT, LLC	0.04%	0.09%	30,000	30,000	100.00%	1,242,000	Jun 30, 2024
SAVOIR FAIRE CAPITAL MANAGEMENT, L.P.	0.04%	0.48%	30,000	30,000	100.00%	1,242,000	Jun 30, 2024
OPPENHEIMER & CO INC	0.03%	0.02%	28,839	28,839	100.00%	1,193,935	Jun 30, 2024
RUSSELL INVESTMENTS GROUP, LTD.	0.03%	0.00%	28,635	28,635	100.00%	1,185,486	Jun 30, 2024
AMERITAS ADVISORY SERVICES, LLC	0.03%	0.04%	26,374	26,374	100.00%	1,091,884	Jun 30, 2024
GUGGENHEIM CAPITAL LLC	0.03%	0.01%	26,268	26,268	100.00%	1,087,495	Jun 30, 2024
ALGERT GLOBAL LLC	0.03%	0.04%	26,082	26,082	100.00%	1,080,000	Jun 30, 2024
HUDSON BAY CAPITAL MANAGEMENT LP	0.03%	0.00%	25,000	25,000	100.00%	1,035,000	Jun 30, 2024
LEGACY CAPITAL GROUP CALIFORNIA, INC.	0.03%	0.36%	24,053	24,053	100.00%	995,794	Jun 30, 2024
KINGSVIEW WEALTH MANAGEMENT, LLC	0.03%	0.02%	22,302	22,302	100.00%	923,303	Jun 30, 2024
CSS LLC/IL	0.03%	0.05%	21,300	21,300	100.00%	881,820	Jun 30, 2024
CALAMOS ADVISORS LLC	0.02%	0.00%	20,219	20,219	100.00%	837,066	Jun 30, 2024
KESTRA ADVISORY SERVICES, LLC	0.02%	0.00%	16,692	16,692	100.00%	691,049	Jun 30, 2024
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0.02%	0.00%	16,020	16,020	100.00%	663,228	Jun 30, 2024
TITLEIST ASSET MANAGEMENT, LLC	0.02%	0.10%	15,881	15,881	100.00%	657,473	Jun 30, 2024
FINANCIAL ENGINES ADVISORS L.L.C.	0.02%	0.00%	15,716	15,716	100.00%	650,663	Jun 30, 2024
D. E. SHAW & CO., INC.	0.02%	0.00%	15,300	15,300	100.00%	633,420	Jun 30, 2024
HSBC HOLDINGS PLC	0.02%	0.00%	14,844	14,844	100.00%	617,706	Jun 30, 2024
GRAHAM CAPITAL MANAGEMENT, L.P.	0.02%	0.01%	13,992	13,992	100.00%	579,269	Jun 30, 2024
DARK FOREST CAPITAL MANAGEMENT LP	0.02%	0.10%	13,099	13,099	100.00%	542,299	Jun 30, 2024
CORTON CAPITAL INC.	0.02%	0.28%	13,017	13,017	100.00%	538,904	Jun 30, 2024
CUBIST SYSTEMATIC STRATEGIES, LLC	0.01%	0.00%	12,500	12,500	100.00%	517,500	Jun 30, 2024
PICTET ASSET MANAGEMENT HOLDING SA	0.01%	0.00%	12,341	12,341	100.00%	510,917	Jun 30, 2024
WINTON GROUP LTD	0.01%	0.03%	12,160	12,160	100.00%	503,424	Jun 30, 2024
TUDOR INVESTMENT CORP ET AL	0.01%	0.00%	10,400	10,400	100.00%	430,560	Jun 30, 2024
	0.01%	0.05%	10,061	10,061	100.00%	363,504	Jun 30, 2024
CHARTWELL INVESTMENT PARTNERS, LLC	0.01%	0.01%	9,449	9,449	100.00%	391,000	Jun 30, 2024
TOTH FINANCIAL ADVISORY CORP	0.01%	0.05%	9,250	9,250	100.00%	382,950	Jun 30, 2024
THOMPSON DAVIS & CO., INC.	0.01%	0.33%	9,090	9,090	100.00%	376,326	Jun 30, 2024
PROSPERITY WEALTH MANAGEMENT, INC.	0.01%	0.16%	8,000	8,000	100.00%	331,200	Jun 30, 2024
WOLVERINE TRADING, LLC	0.01%	0.00%	7,629	7,629	100.00%	315,841	Jun 30, 2024
BRIDGEFRONT CAPITAL, LLC	0.01%	0.13%	7,623	7,623	100.00%	315,592	Jun 30, 2024
MARYLAND STATE RETIREMENT & PENSION SYSTEM	0.01%	0.01%	7,132	7,132	100.00%	295,265	Jun 30, 2024
WRAPMANAGER INC	0.01%	0.08%	7,007	7,007	100.00%	290,090	Jun 30, 2024
XPONANCE, INC.	0.01%	0.00%	6,973	6,973	100.00%	288,682	Jun 30, 2024
LEVEL FOUR ADVISORY SERVICES, LLC	0.01%	0.01%	6,314	6,314	100.00%	261,400	Jun 30, 2024
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	0.01%	0.00%	6,230	6,230	100.00%	258,000	Jun 30, 2024
REGAL INVESTMENT ADVISORS LLC	0.01%	0.02%	6,220	6,220	100.00%	257,508	Jun 30, 2024
AVONDALE WEALTH MANAGEMENT	0.01%	0.16%	5,750	5,750	100.00%	238,050	Jun 30, 2024
ARGENT TRUST CO	0.01%	0.01%	5,743	5,743	100.00%	237,759	Jun 30, 2024
PROCYON ADVISORS, LLC	0.01%	0.02%	5,737	5,737	100.00%	237,512	Jun 30, 2024
CLEAR CREEK FINANCIAL MANAGEMENT, LLC	0.01%	0.03%	5,599	5,599	100.00%	231,799	Jun 30, 2024
AMALGAMATED BANK	0.01%	0.00%	5,478	5,478	100.00%	227,000	Jun 30, 2024
BALTIMORE-WASHINGTON FINANCIAL ADVISORS, INC.	0.01%	0.01%	5,400	5,400	100.00%	223,560	Jun 30, 2024
CORNERSTONE INVESTMENT PARTNERS, LLC	0.01%	0.01%	5,352	5,352	100.00%	221,573	Jun 30, 2024
ENTRYPOINT CAPITAL, LLC	0.01%	0.27%	4,536	4,536	100.00%	187,790	Jun 30, 2024
RIVERPARK ADVISORS, LLC	0.00%	0.14%	3,982	3,982	100.00%	164,855	Jun 30, 2024
MERCER GLOBAL ADVISORS INC /ADV	0.00%	0.00%	3,549	3,549	100.00%	456,692	Jun 30, 2024
METLIFE INVESTMENT MANAGEMENT, LLC	0.00%	0.00%	3,316	3,316	100.00%	137,282	Jun 30, 2024
HEADLANDS TECHNOLOGIES LLC	0.00%	0.01%	2,722	2,722	100.00%	112,691	Jun 30, 2024
SYMMETRY PEAK MANAGEMENT LLC	0.00%	0.18%	2,500	2,500	100.00%	103,500	Jun 30, 2024
KBC GROUP NV	0.00%	0.00%	1,973	1,973	100.00%	82,000	Jun 30, 2024
VISTA PRIVATE WEALTH PARTNERS. LLC	0.00%	0.03%	1,850	1,850	100.00%	76,590	Jun 30, 2024
REDWOOD WEALTH MANAGEMENT GROUP, LLC	0.00%	0.05%	1,750	1,750	100.00%	72,450	Jun 30, 2024
COREBRIDGE FINANCIAL, INC.	0.00%	0.00%	1,144	1,144	100.00%	47,362	Jun 30, 2024
QUARRY LP	0.00%	0.01%	1,036	1,036	100.00%	42,890	Jun 30, 2024
	0.00%	0.01%	950	950	100.00%	39,314	Jun 30, 2024
PARKSIDE FINANCIAL BANK & TRUST	0.00%	0.01%	893	893	100.00%	36,971	Jun 30, 2024
COVESTOR LTD	0.00%	0.02%	804	804	100.00%	33,000	Jun 30, 2024
ARCADIA INVESTMENT MANAGEMENT CORP/MI	0.00%	0.00%	659	659	100.00%	27,283	Jun 30, 2024
ORG PARTNERS LLC	0.00%	0.00%	400	400	100.00%	16,740,000	Jun 30, 2024
SYMMETRY PEAK MANAGEMENT LLC	0.00%	0.02%	300	300	100.00%	12,420	Jun 30, 2024
TORTOISE INVESTMENT MANAGEMENT, LLC	0.00%	0.00%	200	200	100.00%	8,280	Jun 30, 2024
MCF ADVISORS LLC	0.00%	0.00%	171	171	100.00%	7,080	Jun 30, 2024
NEW ENGLAND CAPITAL FINANCIAL ADVISORS LLC	0.00%	0.00%	130	130	100.00%	5,382	Jun 30, 2024
FINANCIAL NETWORK WEALTH ADVISORS LLC	0.00%	0.00%	100	100	100.00%	4,140	Jun 30, 2024
GAMMA INVESTING LLC	0.00%	0.00%	88	88	100.00%	3,643	Jun 30, 2024
FIRST HORIZON ADVISORS, INC.	0.00%	0.00%	74	74	100.00%	3,063	Jun 30, 2024
COPPELL ADVISORY SOLUTIONS LLC	0.00%	0.00%	70	70	100.00%	2,898	Jun 30, 2024
COSTON, MCISAAC & PARTNERS	0.00%	0.00%	52	52	100.00%	2,000	Jun 30, 2024
RAKUTEN SECURITIES, INC.	-	0.00%	38	38	100.00%	1,573	Jun 30, 2024
	-	-	25	25	100.00%	1,035	Jun 30, 2024

Dutch Bros's largest new institutional shareholder by number of shares is WARATAH CAPITAL ADVISORS LTD., purchased 2.06M shares, valued at $85.36M, as of undefined.

Institutional Sold Out

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
HOOD RIVER CAPITAL MANAGEMENT LLC	-	-	-	-633,111	-100.00%	-	Jun 30, 2024
VERITION FUND MANAGEMENT LLC	-	-	-	-366,175	-100.00%	-	Jun 30, 2024
SCULPTOR CAPITAL LP	-	-	-	-224,270	-100.00%	-	Jun 30, 2024
ALYESKA INVESTMENT GROUP, L.P.	-	-	-	-198,073	-100.00%	-	Jun 30, 2024
TWINBEECH CAPITAL LP	-	-	-	-171,786	-100.00%	-	Jun 30, 2024
CAPTION MANAGEMENT, LLC	-	-	-	-160,000	-100.00%	-	Jun 30, 2024
HRT FINANCIAL LP	-	-	-	-158,459	-100.00%	-	Jun 30, 2024
WEISS ASSET MANAGEMENT LP	-	-	-	-156,775	-100.00%	-	Jun 30, 2024
NISHKAMA CAPITAL, LLC	-	-	-	-124,559	-100.00%	-	Jun 30, 2024
UBS GROUP AG	-	-	-	-100,000	-100.00%	-	Jun 30, 2024
OVATA CAPITAL MANAGEMENT LTD	-	-	-	-100,000	-100.00%	-	Jun 30, 2024
QUBE RESEARCH & TECHNOLOGIES LTD	-	-	-	-61,113	-100.00%	-	Jun 30, 2024
EXODUSPOINT CAPITAL MANAGEMENT, LP	-	-	-	-52,114	-100.00%	-	Jun 30, 2024
MONASHEE INVESTMENT MANAGEMENT LLC	-	-	-	-50,000	-100.00%	-	Jun 30, 2024
Y-INTERCEPT (HONG KONG) LTD	-	-	-	-45,129	-100.00%	-	Jun 30, 2024
JUMP FINANCIAL, LLC	-	-	-	-34,393	-100.00%	-	Jun 30, 2024
SIMPLEX TRADING, LLC	-	-	-	-34,188	-100.00%	-	Jun 30, 2024
TWO SIGMA SECURITIES, LLC	-	-	-	-29,873	-100.00%	-	Jun 30, 2024
FOX RUN MANAGEMENT, L.L.C.	-	-	-	-17,623	-100.00%	-	Jun 30, 2024
MIRAE ASSET GLOBAL INVESTMENTS CO., LTD.	-	-	-	-17,413	-100.00%	-	Jun 30, 2024
MIRABELLA FINANCIAL SERVICES LLP	-	-	-	-14,740	-100.00%	-	Jun 30, 2024
CTC ALTERNATIVE STRATEGIES, LTD.	-	-	-	-12,300	-100.00%	-	Jun 30, 2024
SCIENCAST MANAGEMENT LP	-	-	-	-10,673	-100.00%	-	Jun 30, 2024
VIRTU FINANCIAL LLC	-	-	-	-9,660	-100.00%	-	Jun 30, 2024
POINT72 ASIA (SINGAPORE) PTE. LTD.	-	-	-	-8,999	-100.00%	-	Jun 30, 2024
OMERS ADMINISTRATION CORP	-	-	-	-7,200	-100.00%	-	Jun 30, 2024
TORNO CAPITAL, LLC	-	-	-	-4,000	-100.00%	-	Jun 30, 2024
STATE OF WYOMING	-	-	-	-1,478	-100.00%	-	Jun 30, 2024
TRANSCENDENT CAPITAL GROUP LLC	-	-	-	-800	-100.00%	-	Jun 30, 2024
POINT72 (DIFC) LTD	-	-	-	-659	-100.00%	-	Jun 30, 2024
JOHNSON FINANCIAL GROUP, INC.	-	-	-	-400	-100.00%	-	Jun 30, 2024
ROSENBERG MATTHEW HAMILTON	-	-	-	-202	-100.00%	-	Jun 30, 2024
PALOUSE CAPITAL MANAGEMENT, INC.	-	-	-	-100	-100.00%	-	Jun 30, 2024
HARTFORD FINANCIAL MANAGEMENT INC.	-	-	-	-100	-100.00%	-	Jun 30, 2024
NORTHWEST INVESTMENT COUNSELORS, LLC	-	-	-	-100	-100.00%	-	Jun 30, 2024
NVERSES CAPITAL, LLC	-	-	-	-100	-100.00%	-	Jun 30, 2024

Dutch Bros's largest sold out institutional shareholder by shares sold is HOOD RIVER CAPITAL MANAGEMENT LLC, sold -0.63M shares, valued at -, as of undefined.

Dutch Bros Mutual Fund Holders

Name	% Total Assets	Total Shares	Change Amount	Change %	Date
Alger ETF Trust	2.05%	14,543	-	-	Dec 31, 2023
T. Rowe Price Small-Cap Stock Fund, Inc.	0.32%	1,150,651	-1,400	-0.12%	Mar 31, 2024
FENIMORE ASSET MANAGEMENT TRUST	0.29%	363,147	363,147	-	Dec 31, 2023
ROYCE VALUE TRUST, INC.	0.24%	197,700	-	-	Mar 31, 2024
Voya VARIABLE PRODUCTS TRUST	0.20%	71,020	71,020	-	Mar 31, 2024
360 Funds	0.16%	33,100	-	-	Mar 31, 2024
Voya EQUITY TRUST	0.15%	221,577	221,577	-	Feb 29, 2024
AB DISCOVERY GROWTH FUND, INC.	0.15%	216,638	-	-	Jan 31, 2024
AMERICAN CENTURY MUTUAL FUNDS, INC.	0.13%	1,344,655	224,116	20.00%	Jan 31, 2024
ALLSPRING VARIABLE TRUST	0.13%	81,000	24,300	42.86%	Mar 31, 2024
WANGER ADVISORS TRUST	0.12%	64,096	64,096	-	Mar 31, 2024
DELAWARE GROUP EQUITY FUNDS IV	0.12%	137,094	-	-	Mar 28, 2024
COLUMBIA ACORN TRUST	0.10%	338,035	338,035	-	Mar 31, 2024
T. Rowe Price Small-Cap Value Fund, Inc.	0.10%	776,781	-800	-0.10%	Mar 31, 2024
WASATCH FUNDS TRUST	0.09%	794,645	794,645	-	Mar 31, 2024
VANGUARD VALLEY FORGE FUNDS	0.07%	35,762	-	-	Mar 31, 2024
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)	0.06%	418,182	-	-	Mar 31, 2024
MFS SERIES TRUST IV	0.05%	184,290	-	-	Feb 29, 2024
REYNOLDS FUNDS INC	0.05%	600	-	-	Mar 31, 2024
T. Rowe Price Equity Funds, Inc.	0.05%	535,470	-	-	Mar 31, 2024
MERIDIAN FUND INC	0.04%	102,605	-	-	Mar 28, 2024
RENAISSANCE CAPITAL GREENWICH FUNDS	0.04%	31,026	9,256	42.52%	Mar 31, 2024
Chesapeake Investment Trust	0.04%	2,125	-	-	Jan 31, 2024
Capitol Series Trust	0.04%	365,440	162,400	79.98%	Mar 31, 2024
DRIEHAUS MUTUAL FUNDS	0.03%	307,891	124,912	68.27%	Mar 28, 2024
FIDELITY MT VERNON STREET TRUST	0.03%	916,440	-217,968	-19.21%	Feb 29, 2024
FRANKLIN STRATEGIC SERIES	0.03%	261,144	-	-	Jan 31, 2024
Federated Hermes Equity Funds	0.02%	400,000	-	-	Jan 31, 2024
ROYCE FUND	0.02%	108,700	-	-	Mar 31, 2024
LEGG MASON PARTNERS VARIABLE EQUITY TRUST	0.02%	63,305	-	-	Dec 29, 2023
VANGUARD INDEX FUNDS	0.01%	6,087,102	775,356	14.60%	Mar 31, 2024
LEGG MASON PARTNERS INVESTMENT TRUST	0.01%	669,025	-6,775	-1.00%	Jan 31, 2024
WESMARK FUNDS	0.01%	44,285	11,500	35.08%	Mar 31, 2024
Innovator ETFs Trust	0.01%	43,658	-	-	Jan 31, 2024
MFS SERIES TRUST I	0.01%	203,639	-	-	Feb 29, 2024
FORUM FUNDS	0.01%	23,735	-	-	Jan 31, 2024
BNY Mellon Strategic Funds, Inc.	0.01%	20,778	-	-	Mar 31, 2024
HUSSMAN INVESTMENT TRUST	0.01%	31,000	-	-	Dec 31, 2023
Collaborative Investment Series Trust	0.01%	1,100	-	-	Mar 31, 2024
NEUBERGER BERMAN EQUITY FUNDS	0.01%	65,500	-	-	Feb 29, 2024
FIDELITY CONTRAFUND	0.01%	395,209	-	-	Mar 31, 2024
FIDELITY SECURITIES FUND	0.01%	508,897	-506,900	-49.90%	Jan 31, 2024
BlackRock Advantage SMID Cap Fund, Inc.	0.00%	944	-	-	Mar 28, 2024
FIDELITY SELECT PORTFOLIOS	0.00%	313,777	95,620	43.83%	Feb 29, 2024
VARIABLE INSURANCE PRODUCTS FUND IV	0.00%	12,697	-	-	Mar 31, 2024
Fidelity Central Investment Portfolios LLC	0.00%	189,080	-	-	Feb 29, 2024
T. Rowe Price Spectrum Funds II, Inc.	0.00%	49,328	-3,195	-6.08%	Feb 29, 2024
INVESCO EXCHANGE-TRADED FUND TRUST	0.00%	271,086	-190,908	-41.32%	Jan 31, 2024
John Hancock Exchange-Traded Fund Trust	0.00%	18,763	-426	-2.22%	Jan 31, 2024
Series Portfolios Trust	0.00%	18,833	18,813	94065.00%	Jan 31, 2024
SMALLCAP WORLD FUND INC	0.00%	213,211	-	-	Mar 31, 2024
FIRST TRUST EXCHANGE-TRADED ALPHADEX FUND	0.00%	11,098	-	-	Jan 31, 2024
FIDELITY DESTINY PORTFOLIOS	0.00%	5,800	-	-	Mar 31, 2024
FIDELITY ADVISOR SERIES VII	0.00%	22,330	-11,400	-33.80%	Jan 31, 2024
VARIABLE INSURANCE PRODUCTS FUND	0.00%	50,293	-	-	Mar 31, 2024
Harbor ETF Trust	0.00%	11,076	4,084	58.41%	Jan 31, 2024
FIDELITY CONCORD STREET TRUST	0.00%	470,649	25,938	5.83%	Feb 29, 2024
PFS FUNDS	0.00%	29,444	-	-	Feb 29, 2024
Columbia Funds Variable Series Trust II	0.00%	69,424	20,724	42.55%	Mar 31, 2024
VARIABLE INSURANCE PRODUCTS FUND III	0.00%	15,900	-	-	Mar 31, 2024
FIDELITY DEVONSHIRE TRUST	0.00%	19,200	-	-	Jan 31, 2024
VANGUARD INSTITUTIONAL INDEX FUNDS	0.00%	43,878	9,833	28.88%	Mar 31, 2024
Goldman Sachs ETF Trust II	0.00%	1,371	3	0.22%	Feb 29, 2024
TIMOTHY PLAN	0.00%	5,938	801	15.59%	Mar 31, 2024
FIDELITY COVINGTON TRUST	0.00%	22,867	2,880	14.41%	Jan 31, 2024
ALLSPRING MASTER TRUST	0.00%	78,145	15,745	25.23%	Feb 29, 2024
AdvisorShares Trust	0.00%	4,210	-390	-8.48%	Mar 28, 2024
FIDELITY PURITAN TRUST	0.00%	48,052	-	-	Jan 31, 2024
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)	0.00%	187,268	-	-	Feb 29, 2024
Blackstone Alternative Investment Funds	0.00%	92,003	95,403	-2805.97%	Mar 31, 2024
T. Rowe Price Equity Series, Inc.	0.00%	1,187	-47	-3.81%	Mar 31, 2024
JANUS INVESTMENT FUND	0.00%	212,083	-	-	Dec 31, 2023
SCHWAB CAPITAL TRUST	0.00%	26,120	3,546	15.71%	Jan 31, 2024
LORD ABBETT BOND DEBENTURE FUND INC	0.00%	658,381	276,430	72.37%	Mar 31, 2024
Brinker Capital Destinations Trust	0.00%	34,890	29,524	550.20%	Feb 29, 2024
Global X Funds	0.00%	25,217	2,952	13.26%	Jan 31, 2024
LORD ABBETT SERIES FUND INC	0.00%	34,657	16,608	92.02%	Mar 31, 2024
SCHWAB STRATEGIC TRUST	0.00%	278,790	15,069	5.71%	Feb 29, 2024
VANGUARD WORLD FUND	0.00%	116,885	28,855	32.78%	Feb 29, 2024
Forethought Variable Insurance Trust	0.00%	1,671	-	-	Mar 28, 2024
NORTHWESTERN MUTUAL SERIES FUND INC	0.00%	41,746	-	-	Mar 31, 2024
OHIO NATIONAL FUND INC	0.00%	6,290	-	-	Mar 31, 2024
MML SERIES INVESTMENT FUND	0.00%	2,681	-	-	Dec 31, 2023
T. Rowe Price Index Trust, Inc.	0.00%	6,200	-	-	Mar 31, 2024
VARIABLE INSURANCE PRODUCTS FUND II	0.00%	3,098	332	12.00%	Mar 31, 2024
COLUMBIA FUNDS VARIABLE INSURANCE TRUST	0.00%	134,847	134,847	-	Mar 31, 2024
PENN SERIES FUNDS INC	0.00%	6,756	-	-	Mar 28, 2024
AMERICAN CENTURY VARIABLE PORTFOLIOS INC	0.00%	537	-	-	Mar 31, 2024
Dunham Funds	0.00%	12,912	-	-	Jan 31, 2024
PROFESSIONALLY MANAGED PORTFOLIOS	0.00%	12,456	-	-	Feb 29, 2024
COLUMBIA FUNDS SERIES TRUST I	0.00%	777,527	780,821	-23704.34%	Feb 29, 2024
MFS VARIABLE INSURANCE TRUST	0.00%	4,940	-	-	Mar 31, 2024
ARTISAN PARTNERS FUNDS INC	0.00%	240,026	240,026	-	Mar 31, 2024
CALAMOS INVESTMENT TRUST/IL	0.00%	16,269	-	-	Jan 31, 2024
TRUST FOR PROFESSIONAL MANAGERS	0.00%	43,877	43,877	-	Feb 29, 2024
Bridge Builder Trust	0.00%	537,722	535,800	27877.21%	Mar 31, 2024
FIDELITY CAPITAL TRUST	0.00%	1,225	-	-	Jan 31, 2024
BNY Mellon ETF Trust	0.00%	2,554	2,554	-	Jan 31, 2024
ETF Series Solutions	0.00%	2,119	-	-	Jan 31, 2024
NATIONWIDE VARIABLE INSURANCE TRUST	0.00%	11,620	-	-	Mar 31, 2024

Dutch Bros's largest mutual fund holder by % of total assets is "Alger ETF Trust", owning 14.54K shares, compromising 2.05% of its total assets.

Dutch Bros Institutional Ownership Trends

Institutional Holdings Trend

Date	Holdings	Change %
30 Jun, 24	362	24.83%
31 Mar, 24	290	11.97%
31 Dec, 23	259	21.03%
30 Sep, 23	214	5.94%
30 Jun, 23	202	-1.46%
31 Mar, 23	205	-0.49%
31 Dec, 22	206	-
30 Sep, 22	206	0.98%
30 Jun, 22	204	-2.86%
31 Mar, 22	210	28.05%
31 Dec, 21	164	27.13%
30 Sep, 21	129	-

As of 30 Jun 24, 362 institutions are holding Dutch Bros's shares, representing an increase of 24.83% compared to the previous quarter.

Shares Outstanding Trend

Date	Shares Outstanding	Change %
30 Jun, 24	97,897,691	5.98%
31 Mar, 24	92,377,630	1.44%
31 Dec, 23	91,062,937	2.32%
30 Sep, 23	89,001,429	23.12%
30 Jun, 23	72,289,665	-2.59%
31 Mar, 23	74,211,525	-0.79%
31 Dec, 22	74,803,214	0.88%
30 Sep, 22	74,150,004	-0.69%
30 Jun, 22	74,667,376	-6.59%
31 Mar, 22	79,936,576	-2.97%
31 Dec, 21	82,379,661	394.56%
30 Sep, 21	16,657,059	-

Dutch Bros (BROS) has 97.90M shares outstanding as of 30 Jun 24, up 5.98% compared to the previous quarter.

Institutional Ownership Trend

Date	Ownership %	Change %
30 Jun, 24	117.48%	0.96%
31 Mar, 24	110.86%	0.76%
31 Dec, 23	120.84%	0.54%
30 Sep, 23	149.92%	0.92%
30 Jun, 23	127.42%	0.74%
31 Mar, 23	130.97%	0.63%
31 Dec, 22	144.21%	0.74%
30 Sep, 22	139.59%	0.65%
30 Jun, 22	146.62%	0.53%
31 Mar, 22	166.33%	0.52%
31 Dec, 21	178.95%	13.53%
30 Sep, 21	36.36%	-

As of 30 Jun 24, Dutch Bros is held by 117.48% institutional shareholders, representing a 0.96% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

Date	Increased Positions	Change %
30 Jun, 24	223	27.43%
31 Mar, 24	175	10.76%
31 Dec, 23	158	44.95%
30 Sep, 23	109	9.00%
30 Jun, 23	100	3.09%
31 Mar, 23	97	-
31 Dec, 22	97	4.30%
30 Sep, 22	93	-25.00%
30 Jun, 22	124	-13.89%
31 Mar, 22	144	24.14%
31 Dec, 21	116	-3.33%
30 Sep, 21	120	-

223 institutional shareholders have increased their position in BROS stock as of 30 Jun 24 compared to 175 in the previous quarter (a 27.43% increase).

Institutional Reduced Positions Trend

Date	Reduced Positions	Change %
30 Jun, 24	64	8.47%
31 Mar, 24	59	25.53%
31 Dec, 23	47	2.17%
30 Sep, 23	46	-
30 Jun, 23	46	-9.80%
31 Mar, 23	51	2.00%
31 Dec, 22	50	-12.28%
30 Sep, 22	57	42.50%
30 Jun, 22	40	14.29%
31 Mar, 22	35	75.00%
31 Dec, 21	20	-
30 Sep, 21	-	-

64 institutional shareholders have reduced their position in BROS stock as of 30 Jun 24 compared to 59 in the previous quarter (a 8.47% increase).

All Institutional Ownership Trend Data

Date	Holdings	Change %	Shares Outstanding	Change %	Ownership %	Change %	Increased Positions	Change %	Reduced Positions	Change %
30 Jun, 24	362	24.83%	97,897,691	5.98%	117.48%	0.96%	223	27.43%	64	8.47%
31 Mar, 24	290	11.97%	92,377,630	1.44%	110.86%	0.76%	175	10.76%	59	25.53%
31 Dec, 23	259	21.03%	91,062,937	2.32%	120.84%	0.54%	158	44.95%	47	2.17%
30 Sep, 23	214	5.94%	89,001,429	23.12%	149.92%	0.92%	109	9.00%	46	-
30 Jun, 23	202	-1.46%	72,289,665	-2.59%	127.42%	0.74%	100	3.09%	46	-9.80%
31 Mar, 23	205	-0.49%	74,211,525	-0.79%	130.97%	0.63%	97	-	51	2.00%
31 Dec, 22	206	-	74,803,214	0.88%	144.21%	0.74%	97	4.30%	50	-12.28%
30 Sep, 22	206	0.98%	74,150,004	-0.69%	139.59%	0.65%	93	-25.00%	57	42.50%
30 Jun, 22	204	-2.86%	74,667,376	-6.59%	146.62%	0.53%	124	-13.89%	40	14.29%
31 Mar, 22	210	28.05%	79,936,576	-2.97%	166.33%	0.52%	144	24.14%	35	75.00%
31 Dec, 21	164	27.13%	82,379,661	394.56%	178.95%	13.53%	116	-3.33%	20	-
30 Sep, 21	129	-	16,657,059	-	36.36%	-	120	-	-	-

Dutch Bros Insider Shareholders Trades

Open Market Insider Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held	Source
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	2,390,847	$35.85	$85.71M	18,050
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	205,789	$35.85	$7.38M	-

Open Market Insider Buys

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held	Source

Insider Sells

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	2,390,847	-	-	7,033,199
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	2,390,847	-	-	7,033,199
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	287,773	-	-	6,748,426
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	287,773	-	-	6,745,426
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	692,107	-	-	1,703,119
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	8,153	-	-	1,694,966
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	115,181	-	-	566,282
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	115,181	-	-	566,282
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	205,789	-	-	519,210
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	175	-	-	519,035
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	57,246	-	-	509,036
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	57,246	-	-	509,036
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	2,390,847	$35.85	$85.71M	18,050
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	205,789	$35.85	$7.38M	-

All Insider Owners Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
Jun 25, 2024	Penegor Todd Allan	director			Buy	-	-	-	-
Jun 06, 2024	Hart Gerard Johan	director			Buy	-	-	-	-
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	2,390,847	-	-	7,033,199
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	2,390,847	-	-	7,033,199
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	287,773	-	-	6,748,426
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	287,773	-	-	6,745,426
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Buy	2,390,847	-	-	2,408,897
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	692,107	-	-	1,703,119
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	8,153	-	-	1,694,966
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Buy	692,107	-	-	692,107
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	115,181	-	-	566,282
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	115,181	-	-	566,282
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Sell	205,789	-	-	519,210
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	175	-	-	519,035
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	57,246	-	-	509,036
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	J-Other	Sell	57,246	-	-	509,036
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Buy	205,789	-	-	205,789
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	C-Conversion	Buy	115,181	-	-	115,181
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	2,390,847	$35.85	$85.71M	18,050
May 31, 2024	TSG7 A Management LLC	10 percent owner	-	S-Sale	Sell	205,789	$35.85	$7.38M	-

The last insider sell of Dutch Bros's stock was made by TSG7 A Management LLC on May 31 2024, selling 2,390,847 shares at - per share (valued at -).

Dutch Bros Insider Ownership Trends

All Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2024	26	93	27.96%
Q1 2024	22	102	21.57%
Q4 2023	21	70	30.00%
Q3 2023	12	13	92.31%
Q2 2023	26	9	288.89%
Q1 2023	17	14	121.43%
Q4 2022	5	5	100.00%
Q3 2022	5	13	38.46%
Q2 2022	12	13	92.31%
Q1 2022	3	15	20.00%
Q4 2021	5	5	100.00%
Q3 2021	15	21	71.43%

26 total buy trades, and 93 total sell trades (buy/sell ratio of 0.28%) were made by Dutch Bros's insiders, as of Q2 2024.

Open Market Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2024	-	48	-
Q1 2024	-	65	-
Q4 2023	-	25	-
Q3 2023	4	7	57.14%
Q2 2023	3	2	150.00%
Q1 2023	6	8	75.00%
Q4 2022	-	1	-
Q3 2022	2	8	25.00%
Q2 2022	3	12	25.00%
Q1 2022	-	11	-
Q4 2021	3	3	100.00%
Q3 2021	1	1	100.00%

As of Q2 2024, Insider owners conducted 0 open market buy trades and 48 open market sell trades of Dutch Bros's stocks.

Dutch Bros Peer Ownership

Ticker	Company
WING	Wingstop Inc.
CAVA	CAVA Group, Inc.
YUMC	Yum China Holdings, Inc.
SBUX	Starbucks Corporation
DKNG	DraftKings Inc.

BROS Ownership FAQ

Who Owns Dutch Bros?

Dutch Bros is owned by institutional shareholders (117.48%), insiders (5.81%), and public (-23.29%). The largest institutional shareholder of Dutch Bros is VANGUARD GROUP INC (10.13% of total shares) and the top mutual fund owner is Alger ETF Trust (2.05% of total shares).

Who are the major institutional shareholders of Dutch Bros?

Dutch Bros's major institutional shareholders are VANGUARD GROUP INC, TSG CONSUMER PARTNERS LP, FMR LLC, MARSHALL WACE, LLP, and BLACKROCK INC.. The top five shareholders own together 31.57% of the company's share outstanding.

How many Dutch Bros shareholders are there?

As of Jun 2024, there are 362 institutional shareholders of Dutch Bros.

What percentage of Dutch Bros is owned by VANGUARD GROUP INC?

VANGUARD GROUP INC owns 8.44M shares of Dutch Bros, representing 10.13% of the company's total shares outstanding, valued at $349.47M (as of Jun 2024).

What percentage of Dutch Bros is owned by TSG CONSUMER PARTNERS LP?

As of Jun 2024, TSG CONSUMER PARTNERS LP holds 5.22M shares of Dutch Bros (BROS), compromising 6.26% of the company, valued at $216.02M.

What percentage of Dutch Bros is owned by FMR LLC?

FMR LLC is the third largest holder of Dutch Bros. The company owns 4.95M of the company's shares outstanding (worth $205.04M).