Who Owns Dutch Bros? | ChampSignal
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Who Owns Dutch Bros?

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Explore the ownership hierarchy of Dutch Bros. See parent companies, holding structures, and ultimate controllers.

Ownership Chain

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Dutch Bros

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Est. 1992   •  1k+ employees   •  Public (NYSE:BROS)

Dutch Bros is a publicly traded American drive-thru coffee chain that serves customizable coffee, energy drinks, and other beverages to consumers across the United States.

Dutch Bros appears to be independent with no known parent company.

Major Shareholders

Dutch Bros

Major Shareholders

NameTypeOwnershipAs of
Travis Boersma (incl. affiliated entities) Founder and executive chairman; beneficial owner of 50,726,099 Class A shares, representing 28.9% of that class, largely held through DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco, LLC, per amended Schedule 13G/A filed Nov. 12, 2025.
Founder28.9%Sep 2025
The Vanguard Group, Inc. Holds approximately 11.24 million shares, about 8.85–8.9% of Dutch Bros based on institutional ownership data for quarter ended Sept. 30, 2025.
Institutional8.9%Sep 2025
FMR LLC (Fidelity) Holds roughly 7.29 million shares, about 5.7% of shares outstanding as of Sept. 30, 2025, per institutional holdings summaries.
Institutional5.7%Sep 2025
BlackRock, Inc. Through its advised funds, holds about 6.46–6.90 million shares, a little over 5% of the company as of Sept. 30, 2025.
Institutional5.1%Sep 2025
TSG7 A Management LLC Private‑equity sponsor associated with TSG Consumer Partners; reported holding about 7.26 million shares (~4.4% of Dutch Bros) in 2025 institutional ownership data.
Institutional4.4%Sep 2025
T. Rowe Price Group, Inc. Across its funds, reported owning roughly 5.56 million shares, about 4.3–4.4% of shares outstanding as of Sept. 30, 2025.
Institutional4.4%Sep 2025
Baillie Gifford & Co. Holds about 3.50 million shares, approximately 2.7–2.8% of Dutch Bros based on Q3 2025 ownership disclosures.
Institutional2.8%Sep 2025
1832 Asset Management L.P. Canadian asset manager with roughly 2.84 million shares, or about 2.2% ownership as of Sept. 30, 2025.
Institutional2.2%Sep 2025
Marshall Wace LLP Reported holding about 2.69 million shares (~2.1% stake) in Dutch Bros in Q3 2025 institutional filings.
Institutional2.1%Sep 2025
Ninety One UK Limited UK-based asset manager; owns roughly 2.59–2.67 million shares, around 2.0% of the company as of Sept. 30, 2025.
Institutional2.0%Sep 2025
Invesco Ltd. Controls approximately 2.3–2.4 million shares (just under 2% ownership) via its funds as of Q3 2025.
Institutional1.9%Sep 2025

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