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Hudson Bay Capital Management LP

Position in BROS — Dutch Bros Inc.

CIK 1393825 STAMFORD, CT

Position in BROS

as of Mar 31, 2026 · filed May 13, 2026
Position Value
$3,122,074
-$8,207,727 QoQ
Shares Held
61,628
-66.7% QoQ
Ownership
0.035%
of shares outstanding
% of Portfolio
0.02%
of 13F equity value
Holder Rank
not a current holder
Holding Since
Dec 2021
8 quarters on record
Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Common Shares in BROS Over Time

Shares Held

Position Value (USD)

Derivatives in BROS

reported options exposure · as of Mar 31, 2026
CallValue
$6,479,414
CallShares
127,900
PutValue
$0
PutShares
0

Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.

Position in Restaurants

Consumer Cyclical · as of Mar 31, 2026

Hudson Bay Capital Management LP holds $103,393,085 across 9 Restaurants names. BROS ranks #8 (3.0% of the industry book) .

# Ticker Company Shares Value (USD) Open
8 BROS
Dutch Bros Inc.
This page
61,628 $3,122,074

All Filings in BROS

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12 filing rows on record
Report Date Value (USD) Shares
2026-03-31 $3,122,074 61,628
2026-03-31 $6,479,414 127,900
2025-12-31 $11,329,801 185,067
2025-09-30 $2,617,000 50,000
2025-09-30 $3,887,867 74,281
2025-03-31 $3,021,987 48,947
2024-12-31 $3,507,574 66,964
2024-12-31 $2,488,050 47,500
2024-06-30 $1,035,000 25,000
2024-06-30 $3,579,816 86,469
2022-03-31 $1,934,450 35,000
2021-12-31 $6,261,930 123,000