BRCBNasdaqRetail-Eating & Drinking PlacesFiscal year ends December 31
Black Rock Coffee Bar, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$8.47+0.40 (+4.96%)
Close on Oct 19, 2026
- Market cap
- $179.73M
- P/E (TTM)
- 141.2
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
31.5%
16M of 50M shares
Institutional holders
93
18 new, 35 sold out
Net institutional buying
-4M
In Q2 2026
Insider trades, 12 months
7 buys · 0 sales
Net bought $73.36M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Management Group LLP | 943,524 | 5.40% | 13G (passive) | Dec 31, 2025 |
| BlackRock, Inc. | 911,974 | 5.20% | 13G (passive) | Dec 31, 2025 |
| Viking Cake BR, LLC | 5,809,391 | 24.90% | 13D (active) amendment | Mar 6, 2026 |
| Demi I. Winters | 3,754,151 | 14.80% | 13D (active) amendment | Mar 6, 2026 |
| Bank of New York Mellon Corp | 2,977,719 | 13.80% | 13G (passive) amendment | Jun 30, 2026 |
| Tyson Switzenberg | 2,308,915 | 11.40% | 13G (passive) | Feb 18, 2026 |
| Cynosure Group, LLC | 21,831,316 | 52.60% | 13D (active) amendment | May 15, 2026 |
| Morgan Stanley | 1,822,533 | 8.20% | 13G (passive) amendment | Jun 30, 2026 |
| Brandon J. Olson | 1,415,690 | 6.60% | 13G (passive) amendment | Apr 17, 2026 |
| Wasatch Advisors LP | 1,354,088 | 6.10% | 13G (passive) | Sep 30, 2026 |
| FMR LLC | 1,296,799 | 8.50% | 13G (passive) | Sep 30, 2025 |
| Daniel Brand | 11,587,473 | 39.90% | 13D (active) amendment | Mar 20, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BRCB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Bank of New York Mellon Corp | 2,977,719 | 5.95% | $24.69M | +1,816,016 | 0.00% |
| Morgan Stanley | 1,824,391 | 3.64% | $15.12M | +8,219 | 0.00% |
| BlackRock, Inc. | 1,135,726 | 2.27% | $9.42M | +74,547 | 0.00% |
| Marshall Wace, Llp | 946,693 | 1.89% | $7.85M | +589,908 | 0.01% |
| Vanguard Capital Management LLC | 796,574 | 1.59% | $6.60M | +116,604 | 0.00% |
| Emerald Advisers, LLC | 742,337 | 1.48% | $6.15M | −7,289 | 0.14% |
| Massachusetts Financial Services Co /Ma/ | 661,497 | 1.32% | $5.48M | −237 | 0.00% |
| Qube Research & Technologies Ltd | 534,990 | 1.07% | $4.44M | +513,593 | 0.00% |
| Geode Capital Management, LLC | 477,835 | 0.95% | $3.96M | +98,157 | 0.00% |
| Emerald Mutual Fund Advisers Trust | 453,734 | 0.91% | $3.76M | – | 0.13% |
| Citadel Advisors LLC | 395,284 | 0.79% | $3.28M | +109,208 | 0.00% |
| Renaissance Technologies LLC | 368,620 | 0.74% | $3.06M | +161,020 | 0.00% |
| State Street Corp | 321,301 | 0.64% | $2.66M | +9,664 | 0.00% |
| Bnp Paribas Arbitrage, Snc | 298,173 | 0.60% | $2.47M | +135,639 | 0.00% |
| Ophir Asset Management Pty Ltd | 274,688 | 0.55% | $2.28M | – | 0.19% |
| Goldman Sachs Group Inc | 259,757 | 0.52% | $2.15M | −118,632 | 0.00% |
| Point72 Asset Management, L.P. | 252,476 | 0.50% | $2.09M | −503,231 | 0.00% |
| Ares Management LLC | 250,676 | 0.50% | $2.08M | – | 0.09% |
| JPMorgan Chase & Co | 242,768 | 0.48% | $1.98M | +71,779 | 0.00% |
| Millennium Management LLC | 217,809 | 0.43% | $1.81M | +206,907 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 93 | 16M | 31.5% | 18 / 37 | 26 / 35 | 5M | 8M |
| Q1 2026 | 112 | 20M | 39.0% | 42 / 36 | 22 / 25 | 6M | 7M |
| Q4 2025 | 99 | 21M | 42.7% | 40 / 29 | 17 / 21 | 7M | 4M |
| Q3 2025 | 82 | 18M | 36.5% | 82 / 0 | 0 / 0 | 18M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BRCB | Value | % of fund | As of |
|---|---|---|---|---|---|
| BNY Mellon Small/Mid Cap Growth Fund | 1,322,961 | 2.64% | $10.97M | 1.26% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 540,442 | 1.08% | $4.48M | 0.00% | Jun 30, 2026 |
| MFS New Discovery Fund | 485,111 | 0.97% | $4.04M | 0.19% | May 31, 2026 |
| iShares Russell 2000 ETF | 441,349 | 0.88% | $3.66M | 0.00% | Jun 30, 2026 |
| Inception Portfolio | 384,894 | 0.77% | $3.19M | 1.13% | Jun 30, 2026 |
| EQ/Morgan Stanley Small Cap Growth Portfolio | 360,578 | 0.72% | $2.99M | 0.63% | Jun 30, 2026 |
| Emerald Growth Fund | 269,706 | 0.54% | $3.31M | 0.24% | Apr 30, 2026 |
| Emerald Growth Fund | 269,706 | 0.54% | $2.17M | 0.15% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 240,205 | 0.48% | $1.99M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 193,356 | 0.39% | $1.56M | 0.00% | Jul 31, 2026 |
| SmallCap Growth Fund I | 185,381 | 0.37% | $1.49M | 0.06% | Jul 31, 2026 |
| MFS New Discovery Series | 174,977 | 0.35% | $1.45M | 0.18% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 166,026 | 0.33% | $1.38M | 0.01% | Jun 30, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 159,905 | 0.32% | $1.33M | 0.00% | Jun 30, 2026 |
| Fidelity Growth Company Fund | 133,972 | 0.27% | $1.11M | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Mark Dean Davis | Chief Executive Officer, Director | 860,026 | 1.72% | Sep 12, 2025 |
| Clay Howard Geyer | Chief Operating Officer | 135,629 | 0.27% | May 27, 2026 |
| Jessica Michele Wegener-Beyer | Chief Marketing Officer | 43,142 | 0.09% | May 21, 2026 |
| Michael Ryan Schmidt | Principal Accounting Officer | 7,100 | 0.01% | May 21, 2026 |
| Jon Patrick Vingo Jr. | Chief Development Officer | 52,418 | 0.10% | May 15, 2026 |
| Rodderick Fredrick Booth | Chief Financial Officer | 387,326 | 0.77% | Oct 6, 2025 |
| Derek Anthony Tonn | Senior VP, IT & Analytics | 33,794 | 0.07% | Sep 12, 2025 |
| Samuel James Seiberling | Chief Legal Officer | 117,997 | 0.24% | Sep 12, 2025 |
| William Robin MacIntosh | Chief IR Officer | 92,997 | 0.19% | Sep 12, 2025 |
| Robert Wayne Kaufmann | Chief Development Officer | 797,429 | 1.59% | Sep 12, 2025 |
| Kristina K. Cashman | Director | 13,551 | 0.03% | May 28, 2026 |
| Richard L. Federico | Director | 29,168 | 0.06% | May 28, 2026 |
| Sarah Goldsmith-Grover | Director | 24,064 | 0.05% | May 28, 2026 |
| Jeffrey Robert Hernandez | Director, 10% owner | 257,411 | 0.51% | May 28, 2026 |
| Daniel Jordan Brand | Director, 10% owner | 138,648 | 0.28% | May 28, 2026 |
| Andrew Robert Braithwaite | Director | 11,761 | 0.02% | May 28, 2026 |
| Cynosure Partners 2020 PV, LP | Director, 10% owner | – | – | May 19, 2026 |
| Cynosure Group, LLC | Director, 10% owner | – | – | May 19, 2026 |
| Cynosure Partners III, LP | Director, 10% owner | – | – | May 19, 2026 |
| Cynosure Partners 2020 Co-investment, LLC | Director, 10% owner | – | – | May 19, 2026 |
| Cynosure Partners 2020, LP | Director, 10% owner | 21,951,208 | 43.84% | May 19, 2026 |
| Cynosure Partners III Offshore, LP | Director, 10% owner | 8,188,604 | 16.35% | May 19, 2026 |
| Viking Cake BR, LLC | – | 0 | – | May 19, 2026 |
| Viking Cake Fuel, LLC | – | 17,428,172 | 34.81% | May 19, 2026 |
| Jacob Virgil Spellmeyer | 10% owner | 2,812 | 0.01% | Mar 23, 2026 |
| Bryan Douglas Pereboom | 10% owner | 102,858 | 0.21% | Mar 23, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Richard L. Federico Director | May 27, 2026 | Award | +10,739 | – | – | 13,551 |
| Sarah Goldsmith-Grover Director | May 27, 2026 | Award | +8,949 | – | – | 11,761 |
| Jeffrey Robert Hernandez Director, 10% owner | May 27, 2026 | Award | +10,739 | – | – | 13,551 |
| Daniel Jordan Brand Director, 10% owner | May 27, 2026 | Award | +10,739 | – | – | 13,551 |
| Kristina K. Cashman Director | May 27, 2026 | Award | +10,739 | – | – | 13,551 |
| Andrew Robert Braithwaite Director | May 27, 2026 | Award | +8,949 | – | – | 11,761 |
| Clay Howard Geyer Chief Operating Officer | May 22, 2026 | Buy | +8 | $6.90 | $55 | 58,513 |
| Clay Howard Geyer Chief Operating Officer | May 22, 2026 | Buy | +925 | $6.86 | $6.35K | 58,505 |
| Clay Howard Geyer Chief Operating Officer | May 21, 2026 | Buy | +45,080 | $6.51 | $293.47K | 57,580 |
| Jessica Michele Wegener-Beyer Chief Marketing Officer | May 20, 2026 | Buy | +3,098.32 | $6.46 | $20.02K | 3,098 |
| Michael Ryan Schmidt Principal Accounting Officer | May 20, 2026 | Buy | +7,100 | $6.98 | $49.56K | 7,100 |
| Cynosure Partners 2020, LP Director, 10% owner | May 15, 2026 | Conversion | +119,892 | – | – | 2,035,904 |
| Cynosure Partners 2020, LP Director, 10% owner | May 15, 2026 | Buy | +12,042,712 | $5.35 | $64.43M | 19,915,304 |
| Cynosure Partners 2020, LP Director, 10% owner | May 15, 2026 | Other | −119,892 | – | – | 19,795,412 |
| Cynosure Partners 2020, LP Director, 10% owner | May 15, 2026 | Buy | +1,600,000 | $5.35 | $8.56M | 1,916,012 |
| Jon Patrick Vingo Jr. Chief Development Officer | May 14, 2026 | Award | +52,374 | – | – | 52,418 |
| Jessica Michele Wegener-Beyer Chief Marketing Officer | Mar 11, 2026 | Gift | +27,544 | – | – | 27,544 |
| Jessica Michele Wegener-Beyer Chief Marketing Officer | Mar 11, 2026 | Gift | −27,544 | – | – | 0 |
| Rodderick Fredrick Booth Chief Financial Officer | Sep 15, 2025 | Returned to company | −107,526 | – | – | 134,774 |
| Daniel Jordan Brand Director, 10% owner | Sep 11, 2025 | Award | +2,812 | – | – | 2,812 |
| Jeffrey Robert Hernandez Director, 10% owner | Sep 11, 2025 | Award | +2,812 | – | – | 2,812 |
| Jacob Virgil Spellmeyer Director, 10% owner | Sep 11, 2025 | Award | +2,812 | – | – | 2,812 |
| Bryan Douglas Pereboom Director, 10% owner | Sep 11, 2025 | Award | +2,812 | – | – | 2,812 |
| Rodderick Fredrick Booth Chief Financial Officer | Sep 11, 2025 | Award | +242,300 | – | – | 242,300 |
| Rodderick Fredrick Booth Chief Financial Officer | Sep 11, 2025 | Award | +37,500 | – | – | 37,500 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| J. Brand 2021 Trust Daniel 10% Stockholder | Sep 11, 2026 | 30,000 | $266.10K | Sep 11, 2026 | Conversion of Common Units to Class A Shares |
| R. Hernandez 2021 Trust Jeffrey 10% Stockholder | Sep 11, 2026 | 80,000 | $709.60K | Sep 11, 2026 | Conversion of Common Units to Class A Shares |
| Robert Hernandez Jeffrey Director | Aug 27, 2026 | 116,000 | $846.80K | Aug 11, 2026 | Conversion of Common Units to Class A Shares |
| Robert Hernandez Jeffrey Director | Aug 11, 2026 | 116,000 | $846.80K | Aug 11, 2026 | Conversion of Common Units to Class A Shares |