Jane Street Beefs Up Stake in Dutch Bros
According to a recent Form 13F filing submitted to the SEC, Jane Street Group, LLC disclosed a noteworthy and bullish position in BROS stock. Here’s what you need to know about Dutch Bros Inc., as well as Jane Street Group’s position in shares of BROS stock:
About Dutch Bros Inc. (NYSE: BROS)
Dutch Bros Inc. operates and franchises drive-thru shops. It offers Dutch Bros hot and cold espresso-based beverages, and cold brew coffee products, as well as Blue Rebel energy drinks, tea, lemonade, smoothies, and other beverages through company-operated shops and online channels. As of May 11, 2022, it operated 572 drive-thru coffee locations across 12 states in the United States. The company was founded in 1992 and is headquartered in Grants Pass, Oregon. Learn more about Dutch Bros Inc. on their website here
Jane Street Group Position in BROS
According to the most recent 13F filed by Jane Street Group, the firm added 639,656 shares of BROS stock to it holdings in the recent quarter. That brings their total long position in Dutch Bros Inc. to 656,011 shares, representing approximately 0.3904% of the entire 168,037,988 BROS shares outstanding. Based on the most recent closing price of $33.01 per share of BROS, the entire Jane Street Group position in Dutch Bros Inc. stock is worth roughly $21,654,923.11.
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Jane Street Group. Also be sure to check out more recent 13F filing analysis news here.