STATE OF MICHIGAN RETIREMENT SYSTEM
PensionPosition in BROS — Dutch Bros Inc.
CIK 762152
EAST LANSING, MI
Position in BROS
as of Jun 30, 2026
· filed Jul 30, 2026
Position Value
$2,139,938
+$589,742 QoQ
Shares Held
29,800
-2.6% QoQ
Ownership
0.017%
of shares outstanding
% of Portfolio
0.01%
of 13F equity value
Holder Rank
#185
of 549 holders
Holding Since
Sep 2021
18 quarters on record
Voting authority
Sole 100%
Shared 0%
None 0%
Common Shares in BROS Over Time
Shares Held
Position Value (USD)
Position in Restaurants
Consumer Cyclical · as of Jun 30, 2026STATE OF MICHIGAN RETIREMENT SYSTEM holds $120,790,456 across 10 Restaurants names. BROS ranks #8 (1.8% of the industry book) .
| # | Ticker | Company | Shares | Value (USD) | Open |
|---|---|---|---|---|---|
| 1 | MCD |
Mcdonalds Corp
|
181,915 | $49,173,443 | |
| 2 | SBUX |
Starbucks Corp
|
291,859 | $29,825,071 | |
| 3 | CMG |
Chipotle Mexican Grill Inc
|
414,100 | $14,079,400 | |
| 4 | YUM |
Yum Brands Inc
|
70,614 | $11,288,354 | |
| 5 | DRI |
Darden Restaurants Inc
|
29,312 | $6,038,565 | |
| 6 | TXRH |
Texas Roadhouse, Inc.
|
15,378 | $2,971,490 | |
| 7 | DPZ |
Dominos Pizza Inc
|
7,880 | $2,332,795 | |
| 8 | BROS |
Dutch Bros Inc.
This page
|
29,800 | $2,139,938 |
All Filings in BROS
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18 filing rows on record
| Report Date | Value (USD) | Shares | Type | Discretion | Filed | |
|---|---|---|---|---|---|---|
| 2026-06-30 | $2,139,938 | 29,800 | Shares | Sole | 2026-07-30 | |
| 2026-03-31 | $1,550,196 | 30,600 | Shares | Sole | 2026-05-04 | |
| 2025-09-30 | $9,421,200 | 180,000 | Shares | Sole | 2025-11-05 | |
| 2025-06-30 | $12,306,600 | 180,000 | Shares | Sole | 2025-08-05 | |
| 2025-03-31 | $11,113,200 | 180,000 | Shares | Sole | 2025-04-30 | |
| 2024-12-31 | $9,428,400 | 180,000 | Shares | Sole | 2025-02-06 | |
| 2024-09-30 | $5,765,400 | 180,000 | Shares | Sole | 2024-11-04 | |
| 2024-06-30 | $7,452,000 | 180,000 | Shares | Sole | 2024-07-26 | |
| 2024-03-31 | $5,940,000 | 180,000 | Shares | Sole | 2024-04-18 | |
| 2023-12-31 | $5,700,600 | 180,000 | Shares | Sole | 2024-01-23 | |
| 2023-09-30 | $4,185,000 | 180,000 | Shares | Sole | 2023-10-27 | |
| 2023-06-30 | $5,121,000 | 180,000 | Shares | Sole | 2023-07-26 | |
| 2023-03-31 | $5,693,400 | 180,000 | Shares | Sole | 2023-04-28 | |
| 2022-12-31 | $5,074,200 | 180,000 | Shares | Sole | 2023-01-27 | |
| 2022-09-30 | $5,607,000 | 180,000 | Shares | Sole | 2022-10-24 | |
| 2022-06-30 | $5,697,000 | 180,000 | Shares | Sole | 2022-08-08 | |
| 2021-12-31 | $9,163,800 | 180,000 | Shares | Sole | 2022-01-27 | |
| 2021-09-30 | $7,797,600 | 180,000 | Shares | Sole | 2021-10-27 | |
| No filing history on record for this holder in this stock. | ||||||