BROS US Equity

Dutch Bros Inc.

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Consumer Discretionary · Retail-Eating & Drinking Places · CIK 1866581 · FYE 1231

$64.67

-1.03 (-1.57%)

USD · as of 2026-07-28 · marketstack

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Institutional ownership· 13F filers holding BROS · 2026-Q1 methodology → sources →

504 holders

% of shares outstanding held

104.8%

Shares held (13F)

131,847,430

Reporting holders

504

Institutional 13F holdings sum to 104.8% of shares outstanding. Readings above 100% reflect securities-lending double counting: shares on loan to short sellers are reported long by both the lending institution and the one that bought them. FINRA short interest of 18,066,510 shares (settlement 2026-04-30) accounts for the excess.

Top holders

largest 100 of 504 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	13,878,12713.9M	$703M	11.04%	ADD 90%
2	FMR LLC	9,566,3979.6M	$485M	7.61%	ADD 33%
3	PRICE T ROWE ASSOCIATES INC /MD/	7,632,4507.6M	$387M	6.07%	ADD 170%
4	VANGUARD CAPITAL MANAGEMENT LLC	5,690,1015.7M	$288M	4.52%	NEW†
5	VANGUARD PORTFOLIO MANAGEMENT LLC	5,472,4735.5M	$277M	4.35%	NEW†
6	T. Rowe Price Investment Management, Inc.	4,630,0664.6M	$235M	3.68%	ADD 102%
7	UBS Group AG	4,025,6284.0M	$204M	3.20%	ADD 34%
8	STATE STREET CORP	3,779,5073.8M	$191M	3.01%	ADD 87%
9	MILLENNIUM MANAGEMENT LLC	3,233,8293.2M	$164M	2.57%	ADD 15%
10	BAILLIE GIFFORD & CO	2,994,2113.0M	$152M	2.38%	TRIM -7%
11	Point72 Asset Management, L.P.	2,777,2412.8M	$141M	2.21%	ADD 137%
12	MARSHALL WACE, LLP	2,593,8572.6M	$131M	2.06%	TRIM -16%
13	GEODE CAPITAL MANAGEMENT, LLC	2,530,1292.5M	$128M	2.01%	ADD 12%
14	MORGAN STANLEY	2,463,6002.5M	$125M	1.96%	ADD 44%
15	WESTFIELD CAPITAL MANAGEMENT CO LP	2,313,3572.3M	$117M	1.84%	ADD 30%
16	TSG Consumer Partners LP	2,279,8462.3M	$115M	1.81%	—
17	WELLINGTON MANAGEMENT GROUP LLP	2,239,8072.2M	$113M	1.78%	ADD 69%
18	CITADEL ADVISORS LLC	2,006,9532.0M	$102M	1.60%	ADD 222%
19	BANK OF AMERICA CORP /DE/	1,814,8151.8M	$92M	1.44%	ADD 33%
20	Invesco Ltd.	1,706,7361.7M	$86M	1.36%	ADD 27%
21	GOLDMAN SACHS GROUP INC	1,691,1621.7M	$86M	1.34%	ADD 31%
22	Freestone Grove Partners LP	1,504,3921.5M	$76M	1.20%	ADD 121%
23	Balyasny Asset Management L.P.	1,452,5141.5M	$74M	1.15%	TRIM -41%
24	JOHO CAPITAL LLC	1,418,3941.4M	$72M	1.13%	—
25	AMERIPRISE FINANCIAL INC	1,360,8461.4M	$69M	1.08%	ADD 13%
26	AMERICAN CENTURY COMPANIES INC	1,327,3741.3M	$67M	1.06%	ADD 40%
27	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,211,9441.2M	$61M	0.96%	ADD 3%
28	DIMENSIONAL FUND ADVISORS LP	1,204,3261.2M	$61M	0.96%	ADD 3%
29	FULLER & THALER ASSET MANAGEMENT, INC.	1,184,3541.2M	$60M	0.94%	TRIM -47%
30	Woodline Partners LP	1,105,4831.1M	$56M	0.88%	ADD 125%
31	VOYA INVESTMENT MANAGEMENT LLC	1,093,6031.1M	$55M	0.87%	ADD 46%
32	Bank of New York Mellon Corp	1,044,5451.0M	$53M	0.83%	ADD 58%
33	1832 Asset Management L.P.	1,030,3001.0M	$52M	0.82%	TRIM -41%
34	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	1,021,1141.0M	$52M	0.81%	ADD 4%
35	NORTHERN TRUST CORP	972,489972,489	$49M	0.77%	ADD 62%
36	RAYMOND JAMES FINANCIAL INC	981,267981,267	$48M	0.78%	TRIM -29%
37	Squarepoint Ops LLC	935,733935,733	$47M	0.74%	TRIM -67%
38	WASATCH ADVISORS LP	881,805881,805	$45M	0.70%	ADD 7%
39	Clearbridge Investments, LLC	859,415859,415	$44M	0.68%	—
40	CITIGROUP INC	814,668814,668	$41M	0.65%	ADD 2857%
41	VANGUARD FIDUCIARY TRUST CO	806,346806,346	$41M	0.64%	NEW
42	Allspring Global Investments Holdings, LLC	771,693771,693	$39M	0.61%	TRIM -7%
43	CANADA PENSION PLAN INVESTMENT BOARD	752,002752,002	$38M	0.60%	ADD 154%
44	MANE GLOBAL CAPITAL MANAGEMENT LP	750,890750,890	$38M	0.60%	TRIM -23%
45	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	727,272727,272	$37M	0.58%	NEW
46	Danica Pension, Livsforsikringsaktieselskab	662,638662,638	$34M	0.53%	NEW
47	FEDERATED HERMES, INC.	610,098610,098	$31M	0.49%	ADD 17%
48	OBERWEIS ASSET MANAGEMENT INC/	598,493598,493	$30M	0.48%	ADD 48%
49	Holocene Advisors, LP	583,237583,237	$30M	0.46%	TRIM -4%
50	LPL Financial LLC	575,423575,423	$29M	0.46%	ADD 2%
51	RIVERBRIDGE PARTNERS LLC	511,403511,403	$26M	0.41%	ADD 68%
52	Baird Financial Group, Inc.	488,644488,644	$25M	0.39%	TRIM -9%
53	SUSQUEHANNA INTERNATIONAL GROUP, LLP	463,202463,202	$23M	0.37%	ADD 43%
54	ROYAL BANK OF CANADA	442,554442,554	$22M	0.35%	ADD 26%
55	JENNISON ASSOCIATES LLC	373,188373,188	$19M	0.30%	TRIM -2%
56	Shellback Capital, LP	347,000347,000	$18M	0.28%	TRIM -3%
57	RHUMBLINE ADVISERS	345,402345,402	$17M	0.27%	ADD 177%
58	Engineers Gate Manager LP	335,706335,706	$17M	0.27%	TRIM -35%
59	Stephens Investment Management Group LLC	333,057333,057	$17M	0.26%	ADD 9%
60	NEXT CENTURY GROWTH INVESTORS LLC	332,828332,828	$17M	0.26%	ADD 8%
61	Interval Partners, LP	326,158326,158	$17M	0.26%	TRIM -65%
62	Crestwood Capital Management, L.P.	315,379315,379	$16M	0.25%	ADD 11%
63	SEI INVESTMENTS CO	305,392305,392	$15M	0.24%	TRIM -17%
64	Nuveen, LLC	303,858303,858	$15M	0.24%	TRIM -35%
65	JPMORGAN CHASE & CO	310,504310,504	$15M	0.25%	TRIM -43%
66	PRINCIPAL FINANCIAL GROUP INC	285,371285,371	$14M	0.23%	NEW
67	Delta Global Management LP	265,781265,781	$13M	0.21%	NEW
68	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	260,619260,619	$13M	0.21%	ADD 4%
69	Swiss National Bank	251,400251,400	$13M	0.20%	—
70	JANE STREET GROUP, LLC	241,616241,616	$12M	0.19%	ADD 2011%
71	WHITTIER TRUST CO	224,183224,183	$12M	0.18%	ADD 11%
72	LANDSCAPE CAPITAL MANAGEMENT, L.L.C.	222,883222,883	$11M	0.18%	ADD 56%
73	CONGRESS ASSET MANAGEMENT CO	217,115217,115	$11M	0.17%	ADD 5%
74	BLAIR WILLIAM & CO/IL	212,318212,318	$11M	0.17%	ADD 25%
75	TD Asset Management Inc	198,800198,800	$10M	0.16%	ADD 475%
76	Concurrent Investment Advisors, LLC	194,661194,661	$10M	0.15%	ADD 12%
77	OSSIAM	193,367193,367	$10M	0.15%	—
78	WELLS FARGO & COMPANY/MN	183,108183,108	$9M	0.15%	TRIM -30%
79	ALLIANCEBERNSTEIN L.P.	150,919150,919	$9M	0.12%	TRIM -89%
80	BARCLAYS PLC	181,972181,972	$9M	0.14%	ADD 338%
81	Mitsubishi UFJ Trust & Banking Corp	178,600178,600	$9M	0.14%	TRIM -21%
82	SILVERCREST ASSET MANAGEMENT GROUP LLC	169,551169,551	$9M	0.13%	ADD 40%
83	Legal & General Group Plc	168,529168,529	$9M	0.13%	ADD 33%
84	BNP PARIBAS FINANCIAL MARKETS	166,299166,299	$8M	0.13%	TRIM -83%
85	BROWN BROTHERS HARRIMAN & CO	165,307165,307	$8M	0.13%	—
86	STIFEL FINANCIAL CORP	159,888159,888	$8M	0.13%	TRIM -7%
87	ASHFORD CAPITAL MANAGEMENT INC	159,230159,230	$8M	0.13%	—
88	California Public Employees Retirement System	158,318158,318	$8M	0.13%	—
89	Retirement Systems of Alabama	155,733155,733	$8M	0.12%	NEW
90	ALGERT GLOBAL LLC	150,079150,079	$8M	0.12%	TRIM -3%
91	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	147,011147,011	$7M	0.12%	ADD 19%
92	STATE OF WISCONSIN INVESTMENT BOARD	145,971145,971	$7M	0.12%	TRIM -11%
93	Cullen/Frost Bankers, Inc.	145,635145,635	$7M	0.12%	ADD 8%
94	NEUBERGER BERMAN GROUP LLC	143,082143,082	$7M	0.11%	ADD 5%
95	Cetera Investment Advisers	137,165137,165	$7M	0.11%	TRIM -8%
96	Impax Asset Management Group plc	135,000135,000	$7M	0.11%	NEW
97	Walleye Capital LLC	125,977125,977	$6M	0.10%	ADD 583%
98	Granite Investment Partners, LLC	124,881124,881	$6M	0.10%	—
99	VICTORY CAPITAL MANAGEMENT INC	123,737123,737	$6M	0.10%	TRIM -10%
100	Russell Investments Group, Ltd.	122,770122,770	$6M	0.10%	TRIM -19%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

4.8M

5.1M

6.5M

7.0M

7.3M

13.9M

$703M

FMR LLC

6.5M

6.2M

7.2M

7.3M

7.2M

9.6M

$485M

PRICE T ROWE ASSOCIATES INC /MD/

182K

185K

265K

3.5M

2.8M

7.6M

$387M

VANGUARD CAPITAL MANAGEMENT LLC

—

5.7M

$288M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

5.5M

$277M

T. Rowe Price Investment Management, Inc.

2.5M

2.2M

2.3M

2.1M

2.3M

4.6M

$235M

UBS Group AG

1.1M

1.2M

1.7M

2.2M

3.0M

4.0M

$204M

STATE STREET CORP

1.8M

1.9M

2.0M

3.8M

$191M

MILLENNIUM MANAGEMENT LLC

1.3M

2.1M

1.3M

2.0M

2.8M

3.2M

$164M

BAILLIE GIFFORD & CO

6.1M

3.8M

3.6M

3.5M

3.2M

3.0M

$152M

Point72 Asset Management, L.P.

213K

392K

37K

—

1.2M

2.8M

$141M

MARSHALL WACE, LLP

547K

1.0M

2.5M

2.7M

3.1M

2.6M

$131M

GEODE CAPITAL MANAGEMENT, LLC

1.8M

1.9M

2.2M

2.3M

2.5M

$128M

MORGAN STANLEY

2.0M

1.5M

2.0M

1.6M

1.7M

2.5M

$125M

WESTFIELD CAPITAL MANAGEMENT CO LP

—

1.8M

2.3M

$117M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	504	131,847,430	104.8%	$6.7B
2025-Q4	509	120,140,050	95.5%	$7.4B
2025-Q3	450	117,271,390	93.2%	$6.1B
2025-Q2	492	106,412,446	84.6%	$7.3B
2025-Q1	466	101,825,150	81.0%	$6.3B
2024-Q4	399	101,156,149	80.4%	$5.3B
2024-Q3	346	103,445,590	82.3%	$3.3B
2024-Q2	335	99,971,449	79.5%	$4.1B
2024-Q1	268	94,679,133	75.3%	$3.1B
2023-Q4	231	91,594,766	72.8%	$2.9B
2023-Q3	189	89,175,501

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · BROS

Large holders — 13G, passive (top 5 of 7 by % of class)

Holder

% of class

Type

As of

Boersma Travis

27.5%

Exempt

2025-12-31

SEC →

FMR LLC

10.7%

QII

2026-04-30

SEC →

BlackRock, Inc.

9.3%

QII

2026-03-31

SEC →

PRICE T ROWE ASSOCIATES INC /MD/

QII

2026-03-31

SEC →

VANGUARD CAPITAL MANAGEMENT LLC

5.24%

QII

Institutional ownership· 13F filers holding BROS · 2026-Q1 methodology → sources →

504 holders

% of shares outstanding held

104.8%

Shares held (13F)

131,847,430

Reporting holders

504

Top holders

largest 100 of 504 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	13,878,12713.9M	$703M	11.04%	ADD 90%
2	FMR LLC	9,566,3979.6M	$485M	7.61%	ADD 33%
3	PRICE T ROWE ASSOCIATES INC /MD/	7,632,4507.6M	$387M	6.07%	ADD 170%
4	VANGUARD CAPITAL MANAGEMENT LLC	5,690,1015.7M	$288M	4.52%	NEW†
5	VANGUARD PORTFOLIO MANAGEMENT LLC	5,472,4735.5M	$277M	4.35%	NEW†
6	T. Rowe Price Investment Management, Inc.	4,630,0664.6M	$235M	3.68%	ADD 102%
7	UBS Group AG	4,025,6284.0M	$204M	3.20%	ADD 34%
8	STATE STREET CORP	3,779,5073.8M	$191M	3.01%	ADD 87%
9	MILLENNIUM MANAGEMENT LLC	3,233,8293.2M	$164M	2.57%	ADD 15%
10	BAILLIE GIFFORD & CO	2,994,2113.0M	$152M	2.38%	TRIM -7%
11	Point72 Asset Management, L.P.	2,777,2412.8M	$141M	2.21%	ADD 137%
12	MARSHALL WACE, LLP	2,593,8572.6M	$131M	2.06%	TRIM -16%
13	GEODE CAPITAL MANAGEMENT, LLC	2,530,1292.5M	$128M	2.01%	ADD 12%
14	MORGAN STANLEY	2,463,6002.5M	$125M	1.96%	ADD 44%
15	WESTFIELD CAPITAL MANAGEMENT CO LP	2,313,3572.3M	$117M	1.84%	ADD 30%
16	TSG Consumer Partners LP	2,279,8462.3M	$115M	1.81%	—
17	WELLINGTON MANAGEMENT GROUP LLP	2,239,8072.2M	$113M	1.78%	ADD 69%
18	CITADEL ADVISORS LLC	2,006,9532.0M	$102M	1.60%	ADD 222%
19	BANK OF AMERICA CORP /DE/	1,814,8151.8M	$92M	1.44%	ADD 33%
20	Invesco Ltd.	1,706,7361.7M	$86M	1.36%	ADD 27%
21	GOLDMAN SACHS GROUP INC	1,691,1621.7M	$86M	1.34%	ADD 31%
22	Freestone Grove Partners LP	1,504,3921.5M	$76M	1.20%	ADD 121%
23	Balyasny Asset Management L.P.	1,452,5141.5M	$74M	1.15%	TRIM -41%
24	JOHO CAPITAL LLC	1,418,3941.4M	$72M	1.13%	—
25	AMERIPRISE FINANCIAL INC	1,360,8461.4M	$69M	1.08%	ADD 13%
26	AMERICAN CENTURY COMPANIES INC	1,327,3741.3M	$67M	1.06%	ADD 40%
27	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,211,9441.2M	$61M	0.96%	ADD 3%
28	DIMENSIONAL FUND ADVISORS LP	1,204,3261.2M	$61M	0.96%	ADD 3%
29	FULLER & THALER ASSET MANAGEMENT, INC.	1,184,3541.2M	$60M	0.94%	TRIM -47%
30	Woodline Partners LP	1,105,4831.1M	$56M	0.88%	ADD 125%
31	VOYA INVESTMENT MANAGEMENT LLC	1,093,6031.1M	$55M	0.87%	ADD 46%
32	Bank of New York Mellon Corp	1,044,5451.0M	$53M	0.83%	ADD 58%
33	1832 Asset Management L.P.	1,030,3001.0M	$52M	0.82%	TRIM -41%
34	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	1,021,1141.0M	$52M	0.81%	ADD 4%
35	NORTHERN TRUST CORP	972,489972,489	$49M	0.77%	ADD 62%
36	RAYMOND JAMES FINANCIAL INC	981,267981,267	$48M	0.78%	TRIM -29%
37	Squarepoint Ops LLC	935,733935,733	$47M	0.74%	TRIM -67%
38	WASATCH ADVISORS LP	881,805881,805	$45M	0.70%	ADD 7%
39	Clearbridge Investments, LLC	859,415859,415	$44M	0.68%	—
40	CITIGROUP INC	814,668814,668	$41M	0.65%	ADD 2857%
41	VANGUARD FIDUCIARY TRUST CO	806,346806,346	$41M	0.64%	NEW
42	Allspring Global Investments Holdings, LLC	771,693771,693	$39M	0.61%	TRIM -7%
43	CANADA PENSION PLAN INVESTMENT BOARD	752,002752,002	$38M	0.60%	ADD 154%
44	MANE GLOBAL CAPITAL MANAGEMENT LP	750,890750,890	$38M	0.60%	TRIM -23%
45	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	727,272727,272	$37M	0.58%	NEW
46	Danica Pension, Livsforsikringsaktieselskab	662,638662,638	$34M	0.53%	NEW
47	FEDERATED HERMES, INC.	610,098610,098	$31M	0.49%	ADD 17%
48	OBERWEIS ASSET MANAGEMENT INC/	598,493598,493	$30M	0.48%	ADD 48%
49	Holocene Advisors, LP	583,237583,237	$30M	0.46%	TRIM -4%
50	LPL Financial LLC	575,423575,423	$29M	0.46%	ADD 2%
51	RIVERBRIDGE PARTNERS LLC	511,403511,403	$26M	0.41%	ADD 68%
52	Baird Financial Group, Inc.	488,644488,644	$25M	0.39%	TRIM -9%
53	SUSQUEHANNA INTERNATIONAL GROUP, LLP	463,202463,202	$23M	0.37%	ADD 43%
54	ROYAL BANK OF CANADA	442,554442,554	$22M	0.35%	ADD 26%
55	JENNISON ASSOCIATES LLC	373,188373,188	$19M	0.30%	TRIM -2%
56	Shellback Capital, LP	347,000347,000	$18M	0.28%	TRIM -3%
57	RHUMBLINE ADVISERS	345,402345,402	$17M	0.27%	ADD 177%
58	Engineers Gate Manager LP	335,706335,706	$17M	0.27%	TRIM -35%
59	Stephens Investment Management Group LLC	333,057333,057	$17M	0.26%	ADD 9%
60	NEXT CENTURY GROWTH INVESTORS LLC	332,828332,828	$17M	0.26%	ADD 8%
61	Interval Partners, LP	326,158326,158	$17M	0.26%	TRIM -65%
62	Crestwood Capital Management, L.P.	315,379315,379	$16M	0.25%	ADD 11%
63	SEI INVESTMENTS CO	305,392305,392	$15M	0.24%	TRIM -17%
64	Nuveen, LLC	303,858303,858	$15M	0.24%	TRIM -35%
65	JPMORGAN CHASE & CO	310,504310,504	$15M	0.25%	TRIM -43%
66	PRINCIPAL FINANCIAL GROUP INC	285,371285,371	$14M	0.23%	NEW
67	Delta Global Management LP	265,781265,781	$13M	0.21%	NEW
68	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	260,619260,619	$13M	0.21%	ADD 4%
69	Swiss National Bank	251,400251,400	$13M	0.20%	—
70	JANE STREET GROUP, LLC	241,616241,616	$12M	0.19%	ADD 2011%
71	WHITTIER TRUST CO	224,183224,183	$12M	0.18%	ADD 11%
72	LANDSCAPE CAPITAL MANAGEMENT, L.L.C.	222,883222,883	$11M	0.18%	ADD 56%
73	CONGRESS ASSET MANAGEMENT CO	217,115217,115	$11M	0.17%	ADD 5%
74	BLAIR WILLIAM & CO/IL	212,318212,318	$11M	0.17%	ADD 25%
75	TD Asset Management Inc	198,800198,800	$10M	0.16%	ADD 475%
76	Concurrent Investment Advisors, LLC	194,661194,661	$10M	0.15%	ADD 12%
77	OSSIAM	193,367193,367	$10M	0.15%	—
78	WELLS FARGO & COMPANY/MN	183,108183,108	$9M	0.15%	TRIM -30%
79	ALLIANCEBERNSTEIN L.P.	150,919150,919	$9M	0.12%	TRIM -89%
80	BARCLAYS PLC	181,972181,972	$9M	0.14%	ADD 338%
81	Mitsubishi UFJ Trust & Banking Corp	178,600178,600	$9M	0.14%	TRIM -21%
82	SILVERCREST ASSET MANAGEMENT GROUP LLC	169,551169,551	$9M	0.13%	ADD 40%
83	Legal & General Group Plc	168,529168,529	$9M	0.13%	ADD 33%
84	BNP PARIBAS FINANCIAL MARKETS	166,299166,299	$8M	0.13%	TRIM -83%
85	BROWN BROTHERS HARRIMAN & CO	165,307165,307	$8M	0.13%	—
86	STIFEL FINANCIAL CORP	159,888159,888	$8M	0.13%	TRIM -7%
87	ASHFORD CAPITAL MANAGEMENT INC	159,230159,230	$8M	0.13%	—
88	California Public Employees Retirement System	158,318158,318	$8M	0.13%	—
89	Retirement Systems of Alabama	155,733155,733	$8M	0.12%	NEW
90	ALGERT GLOBAL LLC	150,079150,079	$8M	0.12%	TRIM -3%
91	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	147,011147,011	$7M	0.12%	ADD 19%
92	STATE OF WISCONSIN INVESTMENT BOARD	145,971145,971	$7M	0.12%	TRIM -11%
93	Cullen/Frost Bankers, Inc.	145,635145,635	$7M	0.12%	ADD 8%
94	NEUBERGER BERMAN GROUP LLC	143,082143,082	$7M	0.11%	ADD 5%
95	Cetera Investment Advisers	137,165137,165	$7M	0.11%	TRIM -8%
96	Impax Asset Management Group plc	135,000135,000	$7M	0.11%	NEW
97	Walleye Capital LLC	125,977125,977	$6M	0.10%	ADD 583%
98	Granite Investment Partners, LLC	124,881124,881	$6M	0.10%	—
99	VICTORY CAPITAL MANAGEMENT INC	123,737123,737	$6M	0.10%	TRIM -10%
100	Russell Investments Group, Ltd.	122,770122,770	$6M	0.10%	TRIM -19%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

4.8M

5.1M

6.5M

7.0M

7.3M

13.9M

$703M

FMR LLC

6.5M

6.2M

7.2M

7.3M

7.2M

9.6M

$485M

PRICE T ROWE ASSOCIATES INC /MD/

182K

185K

265K

3.5M

2.8M

7.6M

$387M

VANGUARD CAPITAL MANAGEMENT LLC

—

5.7M

$288M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

5.5M

$277M

T. Rowe Price Investment Management, Inc.

2.5M

2.2M

2.3M

2.1M

2.3M

4.6M

$235M

UBS Group AG

1.1M

1.2M

1.7M

2.2M

3.0M

4.0M

$204M

STATE STREET CORP

1.8M

1.9M

2.0M

3.8M

$191M

MILLENNIUM MANAGEMENT LLC

1.3M

2.1M

1.3M

2.0M

2.8M

3.2M

$164M

BAILLIE GIFFORD & CO

6.1M

3.8M

3.6M

3.5M

3.2M

3.0M

$152M

Point72 Asset Management, L.P.

213K

392K

37K

—

1.2M

2.8M

$141M

MARSHALL WACE, LLP

547K

1.0M

2.5M

2.7M

3.1M

2.6M

$131M

GEODE CAPITAL MANAGEMENT, LLC

1.8M

1.9M

2.2M

2.3M

2.5M

$128M

MORGAN STANLEY

2.0M

1.5M

2.0M

1.6M

1.7M

2.5M

$125M

WESTFIELD CAPITAL MANAGEMENT CO LP

—

1.8M

2.3M

$117M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	504	131,847,430	104.8%	$6.7B
2025-Q4	509	120,140,050	95.5%	$7.4B
2025-Q3	450	117,271,390	93.2%	$6.1B
2025-Q2	492	106,412,446	84.6%	$7.3B
2025-Q1	466	101,825,150	81.0%	$6.3B
2024-Q4	399	101,156,149	80.4%	$5.3B
2024-Q3	346	103,445,590	82.3%	$3.3B
2024-Q2	335	99,971,449	79.5%	$4.1B
2024-Q1	268	94,679,133	75.3%	$3.1B
2023-Q4	231	91,594,766	72.8%	$2.9B
2023-Q3	189	89,175,501

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · BROS

Large holders — 13G, passive (top 5 of 7 by % of class)

Holder

% of class

Type

As of

Boersma Travis

27.5%

Exempt

2025-12-31

SEC →

FMR LLC

10.7%

QII

2026-04-30

SEC →

BlackRock, Inc.

9.3%

QII

2026-03-31

SEC →

PRICE T ROWE ASSOCIATES INC /MD/

QII

2026-03-31

SEC →

VANGUARD CAPITAL MANAGEMENT LLC

5.24%

QII

BROS US Equity☆

Institutional ownership· 13F filers holding BROS · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · BROS

Institutional ownership· 13F filers holding BROS · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · BROS

BROS US Equity