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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 2024

Institutional positions in First Watch Restaurant Group, Inc. as of Dec 31, 2024. 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
154
+22 vs. Q3 2024
Shares held
68.2M
+3.12M (+4.8%) vs. Q3 2024
Total value
$1.27B
+$255.3M (+25.2%) vs. Q3 2024
New holders
44
68 more added
Sold out
22
28 more reduced

3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 154 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 2024: $1.27B
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 2024

Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q3 2024.

Institutions holding FWRG in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Advent International Corp19,189,784$357.1M8.34%−8,000,000−29.4%Reduced
BlackRock, Inc.2,589,233$48.2M0.00%+268,087+11.5%Added
Champlain Investment Partners, LLC2,582,303$48.1M0.30%+958,417+59.0%Added
Gilder Gagnon Howe & Co LLC2,434,073$45.3M0.49%+4,436+0.2%Added
Vanguard Group Inc2,351,614$43.8M0.00%+479,741+25.6%Added
JPMorgan Chase & Co2,141,209$39.8M0.00%+154,784+7.8%Added
Lazard Asset Management LLC2,100,757$39.1M0.06%+2,100,757New
12 West Capital Management LP2,013,406$37.5M3.93%+337,920+20.2%Added
Dimensional Fund Advisors LP1,923,901$35.8M0.01%+259,517+15.6%Added
Foxhaven Asset Management, LP1,918,379$35.7M0.96%00.0%Unchanged
GW&K Investment Management, LLC1,811,180$33.7M0.29%+615,511+51.5%Added
Manufacturers Life Insurance Company, The1,528,128$28.4M0.02%−5,162−0.3%Reduced
Granahan Investment Management Inc1,471,610$27.4M1.14%+440,357+42.7%Added
Brown Advisory Inc1,448,822$27.0M0.03%−15,030−1.0%Reduced
Federated Hermes, Inc.1,154,465$21.5M0.05%−200,200−14.8%Reduced
Franklin Resources Inc1,023,176$19.0M0.01%−91,798−8.2%Reduced
WCM Investment Management, LLC947,240$17.6M0.04%+290,173+44.2%Added
Paralel Advisors LLC900,000$16.7M0.71%00.0%Unchanged
UBS Group AG885,156$16.5M0.00%+868,574+5,238.1%Added
Geode Capital Management, LLC862,073$16.0M0.00%+92,465+12.0%Added
Wellington Management Group LLP847,870$15.8M0.00%+34,200+4.2%Added
Mesirow Institutional Investment Management, Inc.833,188$15.5M1.19%+833,188New
State Street Corp798,622$14.9M0.00%+134,312+20.2%Added
Loup Funds, LLC788,470$14.7M4.79%−14,155−1.8%Reduced
Penn Capital Management Co Inc735,486$13.7M1.34%+189,597+34.7%Added
Stephens Investment Management Group LLC693,359$12.9M0.17%+189,681+37.7%Added
Clearbridge Investments, LLC684,155$12.7M0.01%+684,155New
Neuberger Berman Group LLC676,222$12.6M0.01%−188,654−21.8%Reduced
Bank of America Corp581,598$10.8M0.00%−105,730−15.4%Reduced
Allspring Global Investments Holdings, LLC576,890$10.7M0.02%+49,826+9.5%Added
Citadel Advisors LLC538,285$10.0M0.01%+538,285New
New York State Common Retirement Fund519,637$9.67M0.01%+176,350+51.4%Added
UBS Asset Management Americas Inc496,891$9.25M0.00%−73,989−13.0%Reduced
Kornitzer Capital Management Inc477,637$8.89M0.17%00.0%Unchanged
Wasatch Advisors Inc470,989$8.77M0.04%+470,989New
Morgan Stanley470,367$8.75M0.00%+22,088+4.9%Added
Balyasny Asset Management LLC468,542$8.72M0.02%+440,423+1,566.3%Added
Goldman Sachs Group Inc466,265$8.68M0.00%−4,047−0.9%Reduced
Mutual of America Capital Management LLC389,730$7.25M0.08%+20,716+5.6%Added
Armistice Capital, LLC375,000$6.98M0.16%+375,000New
ArrowMark Colorado Holdings LLC351,642$6.54M0.09%+23,441+7.1%Added
Charles Schwab Investment Management Inc309,851$5.77M0.00%+58,448+23.2%Added
Northern Trust Corp303,829$5.65M0.00%+42,444+16.2%Added
Ameriprise Financial Inc249,743$4.65M0.00%+39,539+18.8%Added
FMR LLC244,249$4.55M0.00%−381,274−61.0%Reduced
Squarepoint Ops LLC243,101$4.52M0.01%+72,829+42.8%Added
Marshall Wace, LLP221,702$4.13M0.01%+201,289+986.1%Added
Two Sigma Investments, LP211,865$3.94M0.01%+130,169+159.3%Added
Tudor Investment Corp Et Al157,107$2.92M0.03%+157,107New
Landscape Capital Management, L.L.C.148,904$2.77M0.29%+148,904New
B. Metzler seel. Sohn & Co. AG146,097$2.72M0.03%+45,730+45.6%Added
Point72 Asset Management, L.P.140,098$2.61M0.01%−162,431−53.7%Reduced
SEI Investments Co139,350$2.59M0.00%+72,328+107.9%Added
Russell Investments Group, Ltd.107,372$2.00M0.00%+49,615+85.9%Added
Wells Fargo & Company98,866$1.84M0.00%+3,405+3.6%Added
Moody National Bank Trust Division95,012$1.77M0.18%+30,357+47.0%Added
Raymond James Financial Inc89,969$1.67M0.00%+89,969New
Rice Hall James & Associates, LLC87,466$1.63M0.09%−333−0.4%Reduced
Barclays PLC86,575$1.61M0.00%−85,940−49.8%Reduced
Abn Amro Investment Solutions83,371$1.55M0.03%+17,994+27.5%Added
Swiss National Bank82,300$1.53M0.00%+17,700+27.4%Added
Bank of New York Mellon Corp78,621$1.46M0.00%+2,033+2.7%Added
Atria Wealth Solutions, Inc.72,351$1.35M0.01%+21,276+41.7%Added
Wesbanco Bank Inc68,699$1.28M0.04%00.0%Unchanged
Envestnet Asset Management Inc66,286$1.23M0.00%+52,977+398.1%Added
Nuveen Asset Management, LLC56,443$1.05M0.00%00.0%Unchanged
Two Sigma Advisers, LP50,900$947.2K0.00%+50,900New
Pamalican Asset Management Ltd48,896$910.0K0.40%+48,896New
M&T Bank Corp45,415$845.7K0.00%+12,528+38.1%Added
Rhumbline Advisers44,898$835.5K0.00%+386+0.9%Added
Verition Fund Management LLC40,574$755.1K0.00%+40,574New
Legal & General Group Plc40,462$753.0K0.00%+9,625+31.2%Added
Bessemer Group Inc39,792$741.0K0.00%+13,705+52.5%Added
California State Teachers Retirement System38,653$719.3K0.00%+7,467+23.9%Added
Susquehanna International Group, LLP36,456$678.4K0.00%−22,288−37.9%Reduced
Bayesian Capital Management, LP32,469$604.2K0.07%+16,300+100.8%Added
Royal Bank of Canada32,437$604.0K0.00%+22,864+238.8%Added
Citigroup Inc31,291$582.3K0.00%+6,000+23.7%Added
Jane Street Group, LLC30,519$568.0K0.00%−18,839−38.2%Reduced
Diversified Trust Co29,051$540.6K0.01%+13,301+84.5%Added
Alliancebernstein L.P.28,060$522.2K0.00%+3,450+14.0%Added
Deutsche Bank AG25,966$483.2K0.00%+9,580+58.5%Added
Ancora Advisors, LLC25,640$477.2K0.01%+25,640New
LPL Financial LLC25,258$470.1K0.00%+25,258New
HRT Financial LP24,567$457.0K0.00%+24,567New
Invesco Ltd.24,189$450.2K0.00%−6,599−21.4%Reduced
Commerce Bank22,350$415.9K0.00%+9,040+67.9%Added
Mariner, LLC21,446$399.1K0.00%+1,033+5.1%Added
MetLife Investment Management20,768$386.5K0.00%+2,841+15.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH20,273$377.3K0.00%+20,273New
White Pine Capital LLC17,783$330.9K0.11%+17,783New
Mirae Asset Global ETFs Holdings Ltd.17,269$321.4K0.00%+613+3.7%Added
Janus Henderson Group PLC16,969$315.5K0.00%+16,969New
Cerity Partners LLC16,672$308.0K0.00%+16,672New
KLP Kapitalforvaltning AS16,400$305.2K0.00%+16,400New
The PNC Financial Services Group, Inc.16,235$302.1K0.00%+8,413+107.6%Added
Intech Investment Management LLC16,055$298.8K0.00%+16,055New
SG Americas Securities, LLC15,177$282.0K0.00%+7,547+98.9%Added
Corebridge Financial, Inc.15,088$280.8K0.00%−1,140−7.0%Reduced
Harbor Capital Advisors, Inc.14,638$272.0K0.01%+335+2.3%Added