Dutch Bros Inc. (BROS) Ownership

NYSE: BROSTop holders, insider trades and short interest.

BROS ownership summary

as of October 18, 2026
Institutions
96.6%
of shares outstanding
Insiders
5.18%
of shares outstanding
Shares outstanding
137.9M
Float
130.2M
shares available to trade
Short interest
50.54%
20.9M shares short
Days to cover
4.69
short interest up 21.7% vs prior month
  • Institutions 96.61%
  • Insiders 5.18%

BROS top institutional holders

20 largest
Dutch Bros Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1FMR Inc12.12%16.7M$688.4M+7.2M (+74.8%)June 30, 2026
2BlackRock Inc10.63%14.7M$603.5M+784,858 (+5.7%)June 30, 2026
3T. Rowe Price Associates, Inc.6.96%9.6M$394.9M+2.0M (+25.7%)June 30, 2026
4Vanguard Capital Management, LLC4.40%6.1M$249.7M+376,484 (+6.6%)June 30, 2026
5Vanguard Portfolio Management, LLC4.31%5.9M$244.4M+466,063 (+8.5%)June 30, 2026
6T. Rowe Price Investment Management,Inc.3.09%4.3M$175.6M−364,524 (−7.9%)June 30, 2026
7State Street Corp2.79%3.9M$158.5M+71,814 (+1.9%)June 30, 2026
8Wellington Management Company LLP2.24%3.1M$127.2M+851,075 (+38.0%)June 30, 2026
9Baillie Gifford & Co Limited.1.99%2.7M$112.7M−255,326 (−8.5%)June 30, 2026
10Geode Capital Management, LLC1.80%2.5M$102.2M−46,574 (−1.8%)June 30, 2026
11Citadel Advisors Llc1.60%2.2M$91.0M+204,005 (+10.2%)June 30, 2026
12Westfield Capital Management Company, L.P.1.58%2.2M$89.9M−129,356 (−5.6%)June 30, 2026
131832 Asset Management L.P1.46%2.0M$82.8M+981,500 (+95.3%)June 30, 2026
14The Goldman Sachs Group Inc1.44%2.0M$81.9M+299,001 (+17.7%)June 30, 2026
15Morgan Stanley - Brokerage Accounts1.37%1.9M$77.7M−576,589 (−23.4%)June 30, 2026
16American Century Companies Inc1.24%1.7M$70.6M+388,723 (+29.3%)June 30, 2026
17Bank of America Corp1.16%1.6M$66.0M−211,793 (−11.7%)June 30, 2026
18TSG Consumer Partners LP1.15%1.6M$65.3M−692,554 (−30.4%)June 30, 2026
19Marshall Wace Asset Management Ltd1.06%1.5M$60.1M−1.1M (−43.7%)June 30, 2026
20JOHO Capital LLC1.03%1.4M$58.4M—June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 11 holders added 13.5M shares and 8 cut 3.4M.

BROS top mutual fund and ETF holders

20 largest
Dutch Bros Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1T. Rowe Price New Horizons4.17%5.8M$236.8M+484,218 (+9.2%)August 31, 2026
2Fidelity Contrafund3.68%5.1M$209.1M−1,684 (−0.0%)August 31, 2026
3iShares Core S&P Mid-Cap ETF3.35%4.6M$190.2M−1,644 (−0.0%)September 30, 2026
4Vanguard MStar Total Stk Mkt Idx Invest3.16%4.4M$179.7M−5,100 (−0.1%)August 31, 2026
5Vanguard Small Cap Index2.29%3.2M$129.9M+2,390 (+0.1%)August 31, 2026
6BlackRock Mid-Cap Growth Equity Instl1.59%2.2M$90.3M−55,419 (−2.5%)August 31, 2026
7Vanguard MStar Small Cap Growth Indx Inv1.31%1.8M$74.6M−13,891 (−0.8%)August 31, 2026
8Strategic Advisers Fidelity US TtlStk1.20%1.7M$68.2M—August 31, 2026
9T. Rowe Price Mid-Cap Growth1.17%1.6M$66.3M+211,202 (+15.1%)August 31, 2026
10American Century Growth Inv1.13%1.6M$64.1M+360,281 (+30.1%)June 30, 2026
11Fidelity Blue Chip Growth1.06%1.5M$59.9M+96,500 (+7.1%)August 31, 2026
12Vanguard Explorer Inv1.05%1.4M$59.5M+1.4M (+1,844.0%)June 30, 2026
13Fidelity Contrafund K60.77%1.1M$43.8M−2,660 (−0.2%)August 31, 2026
14Fidelity VIP Mid Cap Initial0.73%1.0M$41.5M—August 31, 2026
15State Street® SPDR® S&P MIDCAP 400® ETF0.68%933K$38.4M−10,515 (−1.1%)August 31, 2026
16Columbia Small Cap Growth Inst0.64%886K$36.5M+207,820 (+30.6%)August 31, 2026
17FullerThaler Behavioral Sm-Cp Gr R60.55%759K$31.2M+66,400 (+9.6%)March 31, 2026
18iShares Russell Mid-Cap Growth ETF0.52%711K$29.3M−759 (−0.1%)September 30, 2026
19Dynamic Power American Growth0.51%707K$29.1M+21,500 (+3.1%)June 30, 2026
20Nomura Mid Cap Growth A0.50%694K$28.6M—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

BROS insider transactions

latest 17
Dutch Bros Inc. insider transactions
DateNameTransactionPriceSharesValue
2025-11-25Travis BoersmaSell$55.441,678,616$93.1M
2025-11-25Dm Individual Aggregator, LlcSell$55.44648,089$35.9M
2025-11-24Dm Individual Aggregator, LlcSell$53.41317,125$16.9M
2025-11-24Travis BoersmaSell$53.41821,384$43.9M
2025-08-25Travis BoersmaSell$68.94787,681$54.3M
2025-08-22Dm Individual Aggregator, LlcSell$65.17482,750$31.5M
2025-08-22Travis BoersmaSell$65.171,250,371$81.5M
2025-08-21Travis BoersmaSell$63.07461,948$29.1M
2025-08-21Dm Individual Aggregator, LlcSell$63.07178,351$11.2M
2025-05-22Dm Individual Aggregator, LlcSell$66.82159,254$10.6M
2025-05-22Travis BoersmaSell$66.82722,841$48.3M
2025-05-21Dm Individual Aggregator, LlcSell$65.95119,112$7.9M
2025-05-21Travis BoersmaSell$65.95540,638$35.7M
2025-05-20Dm Individual Aggregator, LlcSell$68.24155,322$10.6M
2025-05-20Travis BoersmaSell$68.24704,995$48.1M
2025-05-19Dm Individual Aggregator, LlcSell$72.02531,526$38.3M
2025-05-19Travis BoersmaSell$72.02531,526$38.3M

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

BROS shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns BROS

Institutional investors own 96.6% of Dutch Bros's shares and insiders 5.18%. The largest holder is FMR Inc with 12.12% of the shares (16.7M), as of June 30, 2026. Among the top 20 institutions, 11 added shares and 8 reduced their stake in the latest filings. Short interest is 50.54% of the float, or 4.69 days of average trading volume. The share count rose 172.6% since 2020.

Related: BROS analyst forecast, BROS key metrics. See the BROS stock overview for the latest quote and news.

BROS ownership FAQ

Who owns the most Dutch Bros stock?

The largest shareholders of Dutch Bros are FMR Inc (12.12%), BlackRock Inc (10.63%), T. Rowe Price Associates, Inc. (6.96%), Vanguard Capital Management, LLC (4.40%), Vanguard Portfolio Management, LLC (4.31%).

What percentage of Dutch Bros is owned by institutions?

Institutions hold 96.6% of Dutch Bros's shares outstanding; insiders hold 5.18%.

Which funds own Dutch Bros?

The largest fund holders of Dutch Bros are T. Rowe Price New Horizons (4.17%), Fidelity Contrafund (3.68%), iShares Core S&P Mid-Cap ETF (3.35%), Vanguard MStar Total Stk Mkt Idx Invest (3.16%), Vanguard Small Cap Index (2.29%).

What is Dutch Bros's short interest?

20.9M shares of Dutch Bros were sold short, 50.54% of the float; at the average daily volume it would take 4.69 days to cover.

Are insiders buying or selling Dutch Bros?

Of the latest 17 reported insider transactions in Dutch Bros (since May 19, 2025), 0 were purchases and 17 were sales.

How many shares of Dutch Bros are outstanding?

Dutch Bros has 137.9M shares outstanding, of which 130.2M are in the public float.

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