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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, Q4 2023

Institutional positions in First Watch Restaurant Group, Inc. as of Dec 31, 2023. 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
119
−6 vs. Q3 2023
Shares held
61.1M
+1.01M (+1.7%) vs. Q3 2023
Total value
$1.23B
+$189.0M (+18.2%) vs. Q3 2023
New holders
17
44 more added
Sold out
23
33 more reduced

Compare with Q3 2023: 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.

Institutional holdersQ4 2023: 119 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 70 institutionsQ1 2022: 71 institutionsQ2 2022: 72 institutionsQ3 2022: 100 institutionsQ4 2022: 106 institutionsQ1 2023: 100 institutionsQ2 2023: 114 institutionsQ3 2023: 125 institutionsQ4 2023: 119 institutionsQ1 2024: 146 institutionsQ2 2024: 137 institutionsQ3 2024: 135 institutionsQ4 2024: 154 institutionsQ1 2025: 157 institutionsQ2 2025: 166 institutionsQ3 2025: 184 institutionsQ4 2025: 208 institutionsQ1 2026: 210 institutionsQ2 2026: 206 institutions
Value heldQ4 2023: $1.23B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $963.2MQ1 2022: $737.3MQ2 2022: $813.4MQ3 2022: $826.2MQ4 2022: $768.5MQ1 2023: $917.6MQ2 2023: $968.7MQ3 2023: $1.04BQ4 2023: $1.23BQ1 2024: $1.58BQ2 2024: $1.17BQ3 2024: $1.05BQ4 2024: $1.27BQ1 2025: $1.18BQ2 2025: $1.12BQ3 2025: $1.17BQ4 2025: $1.06BQ1 2026: $709.4MQ2 2026: $842.4M
Institutions holding FWRG and their total value by quarter
QuarterHoldersValue
Q2 2026206$842.4M
Q1 2026210$709.4M
Q4 2025208$1.06B
Q3 2025184$1.17B
Q2 2025166$1.12B
Q1 2025157$1.18B
Q4 2024154$1.27B
Q3 2024135$1.05B
Q2 2024137$1.17B
Q1 2024146$1.58B
Q4 2023119$1.23B
Q3 2023125$1.04B
Q2 2023114$968.7M
Q1 2023100$917.6M
Q4 2022106$768.5M
Q3 2022100$826.2M
Q2 202272$813.4M
Q1 202271$737.3M
Q4 202170$963.2M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q3 2023.

Institutions holding FWRG in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Advent International Corp34,089,784$685.2M9.18%00.0%Unchanged
Federated Hermes, Inc.1,780,300$35.8M0.09%00.0%Unchanged
BlackRock Inc.1,674,434$33.7M0.00%+72,351+4.5%Added
Brown Advisory Inc1,478,407$29.7M0.04%+6,494+0.4%Added
Lord, Abbett & Co. LLC1,458,774$29.3M0.05%+122,456+9.2%Added
Manufacturers Life Insurance Company, The1,408,454$28.3M0.02%+175,074+14.2%Added
Vanguard Group Inc1,356,145$27.3M0.00%+44,240+3.4%Added
Gilder Gagnon Howe & Co LLC1,074,612$21.6M0.30%+93,931+9.6%Added
Foxhaven Asset Management, LP1,046,362$21.0M0.60%+321,375+44.3%Added
Macquarie Group Ltd976,618$19.6M0.02%−2,799−0.3%Reduced
Dimensional Fund Advisors LP921,777$18.5M0.01%+257,001+38.7%Added
Granahan Investment Management Inc740,907$14.9M0.49%−25,470−3.3%Reduced
Neuberger Berman Group LLC687,563$13.8M0.01%−63,088−8.4%Reduced
GW&K Investment Management, LLC681,888$13.7M0.13%−29,933−4.2%Reduced
Capital Research Global Investors662,990$13.3M0.00%00.0%Unchanged
Driehaus Capital Management LLC634,015$12.7M0.15%−6,638−1.0%Reduced
Kornitzer Capital Management Inc593,717$11.9M0.23%00.0%Unchanged
Allspring Global Investments Holdings, LLC591,207$11.9M0.02%−180,620−23.4%Reduced
FMR LLC562,182$11.3M0.00%+293,048+108.9%Added
Morgan Stanley560,774$11.3M0.00%+229,045+69.0%Added
Putnam Investments LLC555,793$11.2M0.01%−19,952−3.5%Reduced
UBS Asset Management Americas Inc548,500$11.0M0.00%+548,500New
12 West Capital Management LP535,000$10.8M1.02%+320,000+148.8%Added
Geode Capital Management, LLC530,918$10.7M0.00%+30,602+6.1%Added
RK Capital Management, LLC511,300$10.3M2.19%+18,800+3.8%Added
State Street Corp442,919$8.90M0.00%+139,028+45.7%Added
Bank of America Corp426,275$8.57M0.00%−61,920−12.7%Reduced
Wellington Management Group LLP401,062$8.06M0.00%+22,024+5.8%Added
Stephens Investment Management Group LLC353,041$7.10M0.10%+50,057+16.5%Added
Renaissance Technologies LLC244,102$4.91M0.01%+111,102+83.5%Added
LGT Group Foundation226,886$4.54M0.10%+43,691+23.8%Added
Next Century Growth Investors LLC209,852$4.22M0.41%+209,852New
Northern Trust Corp203,642$4.09M0.00%+10,627+5.5%Added
Ameriprise Financial Inc190,535$3.83M0.00%−40,693−17.6%Reduced
First Trust Advisors LP189,014$3.80M0.00%+189,014New
Charles Schwab Investment Management Inc182,395$3.67M0.00%+2,330+1.3%Added
Two Sigma Investments, LP150,696$3.03M0.01%+51,571+52.0%Added
Nuveen Asset Management, LLC135,938$2.73M0.00%−119,074−46.7%Reduced
Two Sigma Advisers, LP129,200$2.60M0.01%+32,600+33.7%Added
Raymond James & Associates122,917$2.47M0.00%+84,231+217.7%Added
Loup Funds, LLC110,006$2.21M0.88%+110,006New
Los Angeles Capital Management LLC104,699$2.10M0.01%−361−0.3%Reduced
Schwartz Investment Counsel Inc101,359$2.04M0.08%00.0%Unchanged
Jane Street Group, LLC100,167$2.01M0.00%+100,167New
Bank of New York Mellon Corp80,729$1.62M0.00%+1,580+2.0%Added
Goldman Sachs Group Inc80,028$1.61M0.00%+5,482+7.4%Added
New York State Common Retirement Fund78,481$1.58M0.00%+2,763+3.6%Added
Barclays PLC61,364$1.23M0.00%+29,100+90.2%Added
Qube Research & Technologies Ltd59,371$1.19M0.00%−57,320−49.1%Reduced
JPMorgan Chase & Co58,042$1.17M0.00%−2,663−4.4%Reduced
Swiss National Bank52,800$1.06M0.00%−6,000−10.2%Reduced
Invesco Ltd.52,546$1.06M0.00%−464,495−89.8%Reduced
Jackson Creek Investment Advisors LLC50,397$1.01M0.39%−50.0%Reduced
Aquatic Capital Management LLC46,900$943.0K0.02%+12,600+36.7%Added
Susquehanna International Group, LLP40,442$812.9K0.00%−11,354−21.9%Reduced
Dark Forest Capital Management LP39,668$797.3K0.12%−14,686−27.0%Reduced
Millennium Management LLC34,370$690.8K0.00%−12,697−27.0%Reduced
HRT Financial LP30,846$620.0K0.00%+30,846New
Rhumbline Advisers30,234$607.7K0.00%+853+2.9%Added
Advisor Group Holdings, Inc.30,219$607.4K0.00%−18,737−38.3%Reduced
Advisory Research Inc30,210$607.2K0.09%+8,811+41.2%Added
SG Americas Securities, LLC28,276$568.0K0.01%+20,892+282.9%Added
Moody National Bank Trust Division28,250$567.8K0.04%00.0%Unchanged
California State Teachers Retirement System27,528$553.3K0.00%−989−3.5%Reduced
SEI Investments Co27,379$550.3K0.00%−164,965−85.8%Reduced
Stifel Financial Corp26,429$531.2K0.00%+9,232+53.7%Added
PDT Partners, LLC25,259$507.7K0.06%−44−0.2%Reduced
Legal & General Group Plc23,709$476.6K0.00%−4,838−16.9%Reduced
Credit Suisse AG22,908$460.5K0.00%+2,964+14.9%Added
Vancity Investment Management Ltd21,808$438.0K0.06%+2,808+14.8%Added
Citadel Advisors LLC21,148$425.1K0.00%−90,166−81.0%Reduced
Victory Capital Management Inc19,567$393.3K0.00%+6,524+50.0%Added
Alliancebernstein L.P.18,760$377.1K0.00%−2,990−13.7%Reduced
Russell Investments Group, Ltd.18,078$363.4K0.00%−3,289−15.4%Reduced
Bayesian Capital Management, LP16,469$331.0K0.04%+3,200+24.1%Added
Total Clarity Wealth Management, Inc.15,319$307.9K0.13%+15,319New
Crossmark Global Holdings, Inc.14,696$295.0K0.01%+279+1.9%Added
Squarepoint Ops LLC14,628$294.0K0.00%+14,628New
Mirae Asset Global Investments Co., Ltd.14,277$287.0K0.00%00.0%Unchanged
Premier Fund Managers Ltd13,618$273.0K0.01%+13,618New
Versor Investments LP12,900$259.3K0.05%+12,900New
MetLife Investment Management12,101$243.2K0.00%00.0%Unchanged
American International Group, Inc.11,046$222.0K0.00%−45−0.4%Reduced
Accent Capital Management, LLC10,500$211.1K0.17%+10,500New
Citigroup Inc10,164$204.3K0.00%+10,062+9,864.7%Added
TD Waterhouse Canada Inc.10,000$186.5K0.00%00.0%Unchanged
Wells Fargo & Company9,071$182.3K0.00%+862+10.5%Added
Tower Research Capital LLC (TRC)8,737$175.6K0.00%+8,044+1,160.8%Added
State of Wyoming8,627$173.4K0.03%−9,270−51.8%Reduced
Deutsche Bank AG8,379$168.4K0.00%−171−2.0%Reduced
Royal Bank of Canada7,010$141.0K0.00%+3,393+93.8%Added
Zurcher Kantonalbank (Zurich Cantonalbank)5,295$106.4K0.00%−918−14.8%Reduced
Amalgamated Bank2,379$48.0K0.00%+73+3.2%Added
The PNC Financial Services Group, Inc.2,309$46.4K0.00%+76+3.4%Added
Ameritas Investment Partners, Inc.2,227$44.8K0.00%00.0%Unchanged
Lazard Asset Management LLC2,047$41.0K0.00%00.0%Unchanged
DekaBank Deutsche Girozentrale2,047$41.0K0.00%00.0%Unchanged
Bessemer Group Inc1,530$31.0K0.00%00.0%Unchanged
EntryPoint Capital, LLC1,341$27.0K0.03%+1,341New
Metropolitan Life Insurance Co1,336$26.9K0.00%00.0%Unchanged