JOHO CAPITAL LLC: DUTCH BROS INC (BROS): Quarterly 13F Position History
As of Q1 2026, JOHO CAPITAL LLC reported 1,418,394 shares of DUTCH BROS INC (BROS), worth $71.9M and representing 19.3% of its 13F equity book. The position first appeared in Q1 2023 and has been disclosed across 13 13F-HR filings in Pactolio's tracked window.
- 1,418,394Shares Held (Latest Filing)
- $71.9MReported Market Value (Latest Filing)
- 19.3%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$15.0MQuarter-over-Quarter Value Change
- 1,919,514Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 13 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,418,394 | 0 | — | $71.9M | 19.3% | $50.7 |
| Q4 2025 | 1,418,394 | 0 | — | $86.8M | 18.5% | $61.2 |
| Q3 2025 | 1,418,394 | 336,395 | -19.2% | $74.2M | 13.2% | $52.3 |
| Q2 2025 | 1,754,789 | 164,725 | -8.6% | $120.0M | 16.9% | $68.4 |
| Q1 2025 | 1,919,514 | 0 | — | $118.5M | 20.5% | $61.7 |
| Q4 2024 | 1,919,514 | 0 | — | $100.5M | 17.4% | $52.4 |
| Q3 2024 | 1,919,514 | +555,000 | +40.7% | $61.5M | 9.7% | $32.0 |
| Q2 2024 | 1,364,514 | 0 | — | $56.5M | 8.0% | $41.4 |
| Q1 2024 | 1,364,514 | +1,106,511 | +428.9% | $45.0M | 6.2% | $33.0 |
| Q4 2023 | 258,003 | +3,200 | +1.3% | $8.2M | 1.5% | $31.7 |
| Q3 2023 | 254,803 | +254,803 | — | $5.9M | 1.3% | $23.3 |
| Q2 2023 | 0 | 356,803 | -100.0% | $0 | 0.0% | — |
| Q1 2023 | 356,803 | — | — | $11.3M | 2.9% | $31.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did JOHO CAPITAL LLC first disclose a BROS position in 13F-HR filings?
JOHO CAPITAL LLC first reported DUTCH BROS INC (BROS) on its 13F-HR filing for the period ending 2023-03-31 (Q1 2023). The position has appeared on 13 reported quarters within Pactolio's tracked window.
What was JOHO CAPITAL LLC's most recent quarter-over-quarter share-count change in BROS?
JOHO CAPITAL LLC held the same 1,418,394 shares of BROS between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent JOHO CAPITAL LLC's cost basis in BROS?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.