American Century Companies Reduces Stake in Dutch Bros

Investment firm cuts ownership in coffee chain by 2.5% in Q3

Mar. 7, 2026 at 8:07am

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American Century Companies Inc. reduced its stake in Dutch Bros Inc. (NYSE:BROS) by 2.5% in the third quarter, according to a recent SEC filing. The firm now owns 793,447 shares of the coffee company's stock, worth approximately $41.5 million.

Why it matters

This filing provides insight into the investment activity of American Century, a major institutional investor. The reduction in their Dutch Bros stake could signal a shift in their outlook on the company's prospects, though a 2.5% decrease is relatively minor in the grand scheme of their overall position.

The details

According to the SEC disclosure, American Century sold 20,110 shares of Dutch Bros during the third quarter. The firm now owns approximately 0.48% of the coffee chain's outstanding shares. Dutch Bros went public in September 2021 and has seen its stock price fluctuate since then, currently trading around $51 per share.

  • American Century filed the 13F report disclosing the stake reduction on March 7, 2026.
  • The share sale occurred during the third quarter of 2025.

The players

American Century Companies Inc.

An investment management firm that oversees over $200 billion in assets.

Dutch Bros Inc.

A rapidly growing drive-thru coffee chain that went public in 2021 and now operates over 500 locations across the western United States.

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The takeaway

While the reduction in American Century's Dutch Bros stake is relatively small, it could signal a shift in sentiment around the coffee company's growth prospects among institutional investors. However, American Century still maintains a sizable position, owning nearly 800,000 shares worth over $40 million.