T. Rowe Price Associates Acquires 6.0% Stake in Dutch Bros Inc. (BROS)

On May 15, 2026, T. Rowe Price Associates, Inc. filed a Schedule 13G with the SEC, disclosing a new ownership position in Dutch Bros Inc. (BROS). As of the event date of March 31, 2026, the investment firm reported beneficial ownership of 7,631,961 shares of Class A Common Stock. This position represents a 6.0% stake in the company. The filing indicates that T. Rowe Price Associates holds sole dispositive power over all 7,631,961 shares and sole voting power over 7,550,929 shares. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This filing marks a significant increase from a previous reported position of zero, establishing T. Rowe Price as a substantial institutional shareholder in the beverage company. The total value of the holdings is estimated at approximately $389.3 million based on market data at the time of the filing.