Zevia PBC - Class A Common Stock, par value $0.001 per share (ZVIA) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2021 to Q4 2025

Type / Class
Equity / Class A Common Stock, par value $0.001 per share
Symbol
ZVIA on NYSE
Shares outstanding
69,793,500
Price per share
$1.82
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
46,433,851
Total reported value
$107,724,439
% of total 13F portfolios
0%
Share change
+6,767,848
Value change
+$14,612,147
Number of holders
108
Price from insider filings
$1.82
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Zevia PBC - Class A Common Stock, par value $0.001 per share (ZVIA) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 20% -21% $31,436,993 -$8,120,000 13,550,428 -21% CDP Investissements Inc. 27 Jan 2026
Topline Capital Management, LLC 8.8% $13,806,775 5,951,196 Topline Capital Management, LLC 31 Dec 2025
White Pine LLC 4.9% -34% $9,501,685 -$4,190,670 3,357,486 -31% White Pine LLC 30 Jun 2025
Divisadero Street Capital Management, LP 4.8% -48% $7,456,390 -$6,833,330 3,213,961 -48% Divisadero Street Capital Management, LP 31 Dec 2025
Tallwoods Investments, LLC 1% -82% $1,619,209 -$8,976,245 697,935 -85% Tallwoods Investments, LLC 31 Dec 2025

As of 31 Dec 2025, 108 institutional investors reported holding 46,433,851 shares of Zevia PBC - Class A Common Stock, par value $0.001 per share (ZVIA). This represents 67% of the company’s total 69,793,500 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Zevia PBC - Class A Common Stock, par value $0.001 per share (ZVIA) together control 62% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Caisse de depot et placement du Quebec 24% 17,050,428 0% 0.07% $39,556,993
Topline Capital Management, LLC 7.3% 5,121,790 1.1% $11,882,553
Divisadero Street Capital Management, LP 4.6% 3,213,961 -48% 0.43% $7,456,390
BlackRock, Inc. 4.5% 3,172,278 +50% 0% $7,359,685
VANGUARD GROUP INC 3.3% 2,282,339 +16% 0% $5,295,027
Jefferies Financial Group Inc. 3% 2,096,590 0.04% $4,864,089
SILVERCREST ASSET MANAGEMENT GROUP LLC 2.4% 1,697,039 0% 0.03% $3,937,130
GEODE CAPITAL MANAGEMENT, LLC 1.5% 1,023,391 +29% 0% $2,374,830
ArrowMark Colorado Holdings LLC 1.2% 812,763 -32% 0.04% $1,885,610
EMERALD MUTUAL FUND ADVISERS TRUST 1.1% 800,124 -13% 0.09% $1,856,288
TWO SIGMA INVESTMENTS, LP 0.98% 681,929 +661% 0% $1,582,075
RENAISSANCE TECHNOLOGIES LLC 0.87% 608,826 +57% 0% $1,412,476
JACOBS LEVY EQUITY MANAGEMENT, INC 0.76% 527,498 +382% 0% $1,223,795
STATE STREET CORP 0.71% 492,671 -4.8% 0% $1,142,997
DIMENSIONAL FUND ADVISORS LP 0.62% 435,731 +42% 0% $1,010,837
Qube Research & Technologies Ltd 0.62% 431,409 +263% 0% $1,000,869
Point72 Asset Management, L.P. 0.52% 366,243 0% $849,684
TWO SIGMA ADVISERS, LP 0.51% 357,200 +699% 0% $828,704
GOLDMAN SACHS GROUP INC 0.5% 351,525 +50% 0% $815,538
NORTHERN TRUST CORP 0.5% 350,950 +36% 0% $814,204
JANE STREET GROUP, LLC 0.5% 345,515 0% $801,594
D. E. Shaw & Co., Inc. 0.49% 343,874 +233% 0% $797,788
CITADEL ADVISORS LLC 0.42% 295,501 +141% 0% $685,563
Squarepoint Ops LLC 0.3% 211,365 -25% 0% $490,367
BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.27% 191,700 +73% 0.01% $444,744

Institutional Holders of Zevia PBC - Class A Common Stock, par value $0.001 per share (ZVIA) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 46,433,851 $107,724,439 +$14,612,147 $2.32 108
2025 Q3 39,575,780 $107,615,928 +$1,567,390 $2.72 99
2025 Q2 38,692,751 $124,583,059 +$18,604,245 $3.22 96
2025 Q1 33,263,445 $71,847,901 +$6,436,741 $2.16 81
2024 Q4 29,980,952 $125,616,088 +$15,260,306 $4.19 65
2024 Q3 26,351,569 $28,459,437 -$869,508 $1.08 38
2024 Q2 27,699,936 $18,698,989 -$3,523,933 $0.68 55
2024 Q1 31,107,315 $36,393,506 -$1,224,486 $1.17 48
2023 Q4 31,673,045 $63,663,705 -$513,027 $2.01 62
2023 Q3 31,848,579 $70,703,547 -$6,062,372 $2.22 57
2023 Q2 33,060,789 $142,490,636 +$9,087,592 $4.31 67
2023 Q1 31,204,469 $120,067,948 +$3,721,954 $3.85 60
2022 Q4 30,281,855 $123,946,982 +$1,913,399 $4.09 57
2022 Q3 29,807,097 $128,590,782 +$9,048,005 $4.32 41
2022 Q2 27,804,782 $78,298,000 -$5,109,235 $2.81 39
2022 Q1 7,479,620 $34,131,884 -$12,551,270 $4.57 58
2021 Q4 31,148,787 $233,346,066 -$9,768,486 $7.05 54
2021 Q3 31,332,865 $348,773,662 +$348,773,662 $11.51 55