Dutch Bros Inc
Ownership
Ownership Structure
Who owns Dutch Bros Inc (BROS)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 94.5% of the shares are freely tradable; institutional investors hold 98.6%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| FMR Inc | 12.12 | 16,724,132 | +74.8 | 06/30/2026 |
| BlackRock Inc | 10.63 | 14,662,985 | +5.7 | 06/30/2026 |
| T. Rowe Price Associates, Inc. | 6.96 | 9,593,935 | +25.7 | 06/30/2026 |
| Vanguard Capital Management, LLC | 4.40 | 6,066,585 | +6.6 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 4.31 | 5,938,536 | +8.5 | 06/30/2026 |
| T. Rowe Price Investment Management,Inc. | 3.09 | 4,265,542 | -7.9 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| T. Rowe Price New Horizons | 4.64 | 6,405,628 | +11.4 | 09/30/2026 |
| Fidelity Contrafund | 3.68 | 5,080,196 | +0.0 | 08/31/2026 |
| iShares Core S&P Mid-Cap ETF | 3.35 | 4,620,572 | +0.0 | 09/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.17 | 4,377,194 | +0.3 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Boersma Travis | Executive Chairman of Board | 6,314,242 | 270,880,982 $ | Oct 30, 2026 | indirect |
| DM Trust Aggregator, LLC | 10% Owner | 4,116,182 | 176,584,208 $ | Oct 30, 2026 | direct |
| DM Individual Aggregator, LLC | 10% Owner | 2,198,060 | 94,296,774 $ | Oct 30, 2026 | direct |
| Gillett Stephen | Director | 19,282 | 827,198 $ | Aug 20, 2026 | direct |
| Miller Ann M | Director | 12,099 | 519,047 $ | Aug 20, 2026 | direct |
| Penegor Todd Allan | Director | 8,133 | 348,906 $ | Aug 20, 2026 | direct |
| Cone C. David | Director | 7,215 | 309,524 $ | Aug 20, 2026 | direct |
| Hart Gerard Johan | Director | 4,236 | 181,724 $ | Aug 20, 2026 | direct |
| Marchisotto Kory | Director | 2,968 | 127,327 $ | Aug 20, 2026 | direct |
| Maw Scott Harlan | Director | 775 | 33,248 $ | Aug 20, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 30, 2026 | DM Individual Aggregator, LLC | 10% Owner | Sell | 20,008 | 44.09 | 882,121 |
| Oct 30, 2026 | DM Trust Aggregator, LLC | 10% Owner | Sell | 37,470 | 44.09 | 1,651,992 |
| Oct 30, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 20,008 | 44.09 | 882,121 |
| Oct 30, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 37,470 | 44.09 | 1,651,992 |
| Oct 29, 2026 | DM Individual Aggregator, LLC | 10% Owner | Sell | 142,023 | 44.03 | 6,252,790 |
| Oct 29, 2026 | DM Trust Aggregator, LLC | 10% Owner | Sell | 266,000 | 44.03 | 11,711,076 |
| Oct 29, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 142,023 | 44.03 | 6,252,790 |
| Oct 29, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 266,000 | 44.03 | 11,711,076 |
| Oct 20, 2026 | DM Individual Aggregator, LLC | 10% Owner | Sell | 50,709 | 44.01 | 2,231,602 |
| Oct 20, 2026 | DM Trust Aggregator, LLC | 10% Owner | Sell | 94,978 | 44.01 | 4,179,792 |
| Oct 20, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 50,709 | 44.01 | 2,231,602 |
| Oct 20, 2026 | Boersma Travis | Executive Chairman of Board | Sell | 94,978 | 44.01 | 4,179,792 |
| Aug 20, 2026 | Gillett Stephen | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Marchisotto Kory | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Miller Ann M | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Cone C. David | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Maw Scott Harlan | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Penegor Todd Allan | Director | Other | 775 | 0.00 | – |
| Aug 20, 2026 | Hart Gerard Johan | Director | Other | 775 | 0.00 | – |
| Aug 13, 2026 | Penegor Todd Allan | Director | Buy | 2,000 | 51.56 | 103,120 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: October 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.