First Watch Restaurant Group, Inc.
FWRG- Exchange
- Nasdaq
- Industry
- Retail-Eating Places
- SEC CIK
- 0001789940
No open-market purchases or sales by First Watch Restaurant Group, Inc. insiders were filed in the last 90 days; 206 institutions reported holding it in 13F filings for Q2 2026, worth $842.4M in total; no superinvestor holds it.
13F holders, Q2 2026
Institutional positions in First Watch Restaurant Group, Inc. as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 206
- −1 vs. Q1 2026
- Shares held
- 65.4M
- −2.28M (−3.4%) vs. Q1 2026
- Total value
- $842.4M
- +$133.2M (+18.8%) vs. Q1 2026
- New holders
- 33
- 90 more added
- Sold out
- 34
- 62 more reduced
3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2026: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting FWRG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 206 | $842.4M |
| Q1 2026 | 210 | $709.4M |
| Q4 2025 | 208 | $1.06B |
| Q3 2025 | 184 | $1.17B |
| Q2 2025 | 166 | $1.12B |
| Q1 2025 | 157 | $1.18B |
| Q4 2024 | 154 | $1.27B |
| Q3 2024 | 135 | $1.05B |
| Q2 2024 | 137 | $1.17B |
| Q1 2024 | 146 | $1.58B |
| Q4 2023 | 119 | $1.23B |
| Q3 2023 | 125 | $1.04B |
| Q2 2023 | 114 | $968.7M |
| Q1 2023 | 100 | $917.6M |
| Q4 2022 | 106 | $768.5M |
| Q3 2022 | 100 | $826.2M |
| Q2 2022 | 72 | $813.4M |
| Q1 2022 | 71 | $737.3M |
| Q4 2021 | 70 | $963.2M |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q2 2026
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,534,132 | $58.4M | 0.00% | +462,387+11.4% | Added |
| Manufacturers Life Insurance Company, The | 3,823,982 | $49.3M | 0.04% | +466,032+13.9% | Added |
| Bank of New York Mellon Corp | 3,719,038 | $47.9M | 0.01% | −238,659−6.0% | Reduced |
| Dimensional Fund Advisors LP | 2,596,946 | $33.5M | 0.01% | −487,940−15.8% | Reduced |
| Vanguard Capital Management LLC | 2,453,594 | $31.6M | 0.00% | +51,206+2.1% | Added |
| Millennium Management LLC | 2,192,811 | $28.3M | 0.02% | −1,039,436−32.2% | Reduced |
| Neuberger Berman Group LLC | 2,069,037 | $26.7M | 0.02% | −1,505,281−42.1% | Reduced |
| GW&K Investment Management, LLC | 2,007,096 | $25.9M | 0.20% | +47,925+2.4% | Added |
| Stephens Investment Management Group LLC | 1,953,921 | $25.2M | 0.27% | +294,122+17.7% | Added |
| Hodges Capital Management Inc. | 1,592,384 | $20.5M | 1.36% | +110,607+7.5% | Added |
| Emerald Advisers, LLC | 1,526,759 | $19.7M | 0.46% | +579,649+61.2% | Added |
| BWCP, LP | 1,502,614 | $19.4M | 2.77% | +144,541+10.6% | Added |
| Penn Capital Management Co Inc | 1,472,751 | $19.0M | 1.21% | +331,594+29.1% | Added |
| Geode Capital Management, LLC | 1,444,283 | $18.6M | 0.00% | +138,731+10.6% | Added |
| State Street Corp | 1,404,572 | $18.1M | 0.00% | +211,223+17.7% | Added |
| Granahan Investment Management Inc | 1,363,852 | $17.6M | 0.63% | +275,815+25.3% | Added |
| Riverbridge Partners LLC | 1,348,632 | $17.4M | 0.49% | −743,068−35.5% | Reduced |
| Balyasny Asset Management LLC | 1,211,627 | $15.6M | 0.03% | +930,650+331.2% | Added |
| Bank of America Corp | 1,069,289 | $13.8M | 0.00% | +16,863+1.6% | Added |
| Qube Research & Technologies Ltd | 981,955 | $12.7M | 0.01% | +493,165+100.9% | Added |
| Paralel Advisors LLC | 900,000 | $11.6M | 0.45% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 846,050 | $10.9M | 0.02% | −934,789−52.5% | Reduced |
| Emerald Mutual Fund Advisers Trust | 823,954 | $10.6M | 0.37% | +254,536+44.7% | Added |
| Nomura Holdings Inc | 820,809 | $10.6M | 0.04% | +438,147+114.5% | Added |
| Woodline Partners LP | 816,586 | $10.5M | 0.03% | +816,586 | New |
| New York State Common Retirement Fund | 779,810 | $10.1M | 0.01% | +73,672+10.4% | Added |
| Russell Investments Group, Ltd. | 758,854 | $9.78M | 0.01% | +106,346+16.3% | Added |
| Champlain Investment Partners, LLC | 745,333 | $9.61M | 0.25% | −19,598−2.6% | Reduced |
| Morgan Stanley | 708,261 | $9.13M | 0.00% | −751,773−51.5% | Reduced |
| Citadel Advisors LLC | 650,156 | $8.38M | 0.00% | +161,741+33.1% | Added |
| Vanguard Portfolio Management LLC | 649,571 | $8.37M | 0.00% | +97,549+17.7% | Added |
| UBS Group AG | 576,567 | $7.43M | 0.00% | −377,507−39.6% | Reduced |
| Royce & Associates LP | 556,352 | $7.17M | 0.06% | +261,184+88.5% | Added |
| Western Standard LLC | 513,240 | $6.62M | 2.24% | +513,240 | New |
| Northern Trust Corp | 508,859 | $6.56M | 0.00% | +15,862+3.2% | Added |
| AQR Capital Management LLC | 497,128 | $6.41M | 0.00% | +398,962+406.4% | Added |
| Jane Street Group, LLC | 462,831 | $5.97M | 0.00% | +462,831 | New |
| Clearbridge Investments, LLC | 428,269 | $5.52M | 0.00% | +5,759+1.4% | Added |
| SEI Investments Co | 422,637 | $5.45M | 0.00% | −42,145−9.1% | Reduced |
| Brown Advisory Inc | 403,737 | $5.20M | 0.01% | +155,107+62.4% | Added |
| Goldman Sachs Group Inc | 402,045 | $5.18M | 0.00% | −7,874−1.9% | Reduced |
| Charles Schwab Investment Management Inc | 397,555 | $5.12M | 0.00% | −12,248−3.0% | Reduced |
| Quantinno Capital Management LP | 388,652 | $5.01M | 0.01% | +205,481+112.2% | Added |
| Empowered Funds, LLC | 362,916 | $4.68M | 0.02% | +196,357+117.9% | Added |
| Hudson Bay Capital Management LP | 353,827 | $4.56M | 0.02% | +353,827 | New |
| Franklin Resources Inc | 341,123 | $4.40M | 0.00% | −7,300−2.1% | Reduced |
| ArrowMark Colorado Holdings LLC | 324,343 | $4.18M | 0.17% | −172,838−34.8% | Reduced |
| Fred Alger Management, LLC | 324,194 | $4.18M | 0.01% | −632,766−66.1% | Reduced |
| Vanguard Fiduciary Trust Co | 322,940 | $4.16M | 0.00% | −14,053−4.2% | Reduced |
| Ancora Advisors, LLC | 319,802 | $4.12M | 0.08% | +168,550+111.4% | Added |
| Landscape Capital Management, L.L.C. | 314,117 | $4.05M | 0.26% | +187,655+148.4% | Added |
| Kennedy Capital Management, Inc. | 311,327 | $4.01M | 0.07% | −5,926−1.9% | Reduced |
| Kornitzer Capital Management Inc | 310,837 | $4.01M | 0.08% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 287,727 | $3.71M | 0.02% | +210,799+274.0% | Added |
| CI Private Wealth, LLC | 285,062 | $3.67M | 0.01% | +146,196+105.3% | Added |
| Citigroup Inc | 253,832 | $3.27M | 0.00% | +210,334+483.5% | Added |
| Raymond James Financial Inc | 252,823 | $3.26M | 0.00% | +34,510+15.8% | Added |
| Mutual of America Capital Management LLC | 244,146 | $3.15M | 0.03% | −138,149−36.1% | Reduced |
| Avory & Company, LLC | 228,237 | $2.94M | 3.68% | −25,910−10.2% | Reduced |
| Verition Fund Management LLC | 220,122 | $2.84M | 0.02% | +220,122 | New |
| Panagora Asset Management Inc | 218,530 | $2.82M | 0.01% | +218,530 | New |
| Access Investment Management LLC | 212,719 | $2.74M | 0.70% | +51,509+32.0% | Added |
| Nuveen, LLC | 205,989 | $2.66M | 0.00% | +126,051+157.7% | Added |
| First Dallas Securities Inc. | 177,250 | $2.28M | 0.76% | +10,500+6.3% | Added |
| Envestnet Asset Management Inc | 176,566 | $2.28M | 0.00% | −14,815−7.7% | Reduced |
| Hunter Associates Investment Management LLC | 171,981 | $2.21M | 0.25% | +20,011+13.2% | Added |
| 1492 Capital Management LLC | 170,147 | $2.19M | 0.65% | −2,791−1.6% | Reduced |
| Diametric Capital, LP | 165,674 | $2.14M | 0.23% | +87,412+111.7% | Added |
| Bridgeway Capital Management, LLC | 150,157 | $1.94M | 0.03% | +150,157 | New |
| Rice Hall James & Associates, LLC | 138,372 | $1.78M | 0.09% | −1,483−1.1% | Reduced |
| Graham Capital Management, L.P. | 135,621 | $1.75M | 0.05% | +122,584+940.3% | Added |
| LPL Financial LLC | 125,218 | $1.61M | 0.00% | +6,590+5.6% | Added |
| Invesco Ltd. | 122,401 | $1.58M | 0.00% | −2,612−2.1% | Reduced |
| Swiss National Bank | 119,600 | $1.54M | 0.00% | +11,300+10.4% | Added |
| Gilder Gagnon Howe & Co LLC | 116,809 | $1.51M | 0.02% | −624,317−84.2% | Reduced |
| Moody National Bank Trust Division | 112,679 | $1.45M | 0.12% | +31,100+38.1% | Added |
| Wells Fargo & Company | 108,743 | $1.40M | 0.00% | +66,976+160.4% | Added |
| Oppenheimer Asset Management Inc. | 104,278 | $1.34M | 0.01% | −12,557−10.7% | Reduced |
| Marshall Wace, LLP | 100,623 | $1.30M | 0.00% | +85,225+553.5% | Added |
| American Century Companies Inc | 98,083 | $1.26M | 0.00% | +4,548+4.9% | Added |
| UBS Asset Management Americas Inc | 92,917 | $1.20M | 0.00% | +16,614+21.8% | Added |
| NBC Securities, Inc. | 87,983 | $1.13M | 0.08% | +37,821+75.4% | Added |
| Man Group plc | 80,897 | $1.04M | 0.00% | +28,210+53.5% | Added |
| Victory Capital Management Inc | 79,100 | $1.02M | 0.00% | +4,100+5.5% | Added |
| Rhumbline Advisers | 77,712 | $1.00M | 0.00% | +14,121+22.2% | Added |
| CIBC World Markets Inc. | 77,000 | $992.5K | 0.00% | +15,000+24.2% | Added |
| California State Teachers Retirement System | 75,483 | $973.0K | 0.00% | −1,890−2.4% | Reduced |
| Natixis Advisors, L.P. | 72,798 | $938.0K | 0.00% | +11,238+18.3% | Added |
| White Pine Capital LLC | 72,747 | $937.7K | 0.22% | −19,569−21.2% | Reduced |
| Creative Planning | 72,486 | $934.3K | 0.00% | +35,494+96.0% | Added |
| Jones Financial Companies LLLP | 70,899 | $903.3K | 0.00% | +12,157+20.7% | Added |
| VARCOV Co. | 66,622 | $858.8K | 0.33% | −17,128−20.5% | Reduced |
| Deutsche Bank AG | 64,736 | $834.4K | 0.00% | +9,155+16.5% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 62,393 | $804.2K | 0.00% | 00.0% | Unchanged |
| Boston Partners | 61,373 | $791.1K | 0.00% | −45,197−42.4% | Reduced |
| Arkadios Wealth Advisors | 60,571 | $780.8K | 0.01% | −10,842−15.2% | Reduced |
| Numerai GP LLC | 60,568 | $780.7K | 0.06% | −33,650−35.7% | Reduced |
| Canada Pension Plan Investment Board | 59,300 | $764.4K | 0.00% | +21,500+56.9% | Added |
| Armistice Capital, LLC | 59,278 | $764.1K | 0.02% | +48,044+427.7% | Added |
| Squarepoint Ops LLC | 57,158 | $736.8K | 0.00% | −131,335−69.7% | Reduced |