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, Q1 2025
Institutional positions in First Watch Restaurant Group, Inc. as of Mar 31, 2025. 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
- 157
- +6 vs. Q4 2024
- Shares held
- 70.6M
- +3.31M (+4.9%) vs. Q4 2024
- Total value
- $1.18B
- −$76.5M (−6.1%) vs. Q4 2024
- New holders
- 26
- 70 more added
- Sold out
- 20
- 41 more reduced
3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| 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, Q1 2025
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Advent International Corp | 19,189,784 | $319.5M | 10.11% | 00.0% | Unchanged |
| BlackRock, Inc. | 2,903,500 | $48.3M | 0.00% | +314,267+12.1% | Added |
| Vanguard Group Inc | 2,398,180 | $39.9M | 0.00% | +46,566+2.0% | Added |
| FMR LLC | 2,272,377 | $37.8M | 0.00% | +2,028,128+830.4% | Added |
| Gilder Gagnon Howe & Co LLC | 2,228,242 | $37.1M | 0.48% | −205,831−8.5% | Reduced |
| JPMorgan Chase & Co | 2,174,106 | $36.2M | 0.00% | +32,897+1.5% | Added |
| Dimensional Fund Advisors LP | 2,123,098 | $35.4M | 0.01% | +199,197+10.4% | Added |
| Champlain Investment Partners, LLC | 2,089,423 | $34.8M | 0.25% | −492,880−19.1% | Reduced |
| Lazard Asset Management LLC | 2,011,411 | $33.5M | 0.05% | −89,346−4.3% | Reduced |
| Foxhaven Asset Management, LP | 1,849,570 | $30.8M | 0.94% | −68,809−3.6% | Reduced |
| GW&K Investment Management, LLC | 1,634,092 | $27.2M | 0.25% | −177,088−9.8% | Reduced |
| Granahan Investment Management Inc | 1,594,267 | $26.5M | 1.32% | +122,657+8.3% | Added |
| Manufacturers Life Insurance Company, The | 1,539,692 | $25.6M | 0.02% | +11,564+0.8% | Added |
| 12 West Capital Management LP | 1,490,701 | $24.8M | 3.66% | −522,705−26.0% | Reduced |
| Brown Advisory Inc | 1,416,481 | $23.6M | 0.03% | −32,341−2.2% | Reduced |
| Neuberger Berman Group LLC | 1,043,456 | $17.4M | 0.01% | +367,234+54.3% | Added |
| Franklin Resources Inc | 1,026,269 | $17.1M | 0.00% | +3,093+0.3% | Added |
| Penn Capital Management Co Inc | 1,010,755 | $16.9M | 1.64% | +275,269+37.4% | Added |
| Geode Capital Management, LLC | 981,929 | $16.4M | 0.00% | +119,856+13.9% | Added |
| WCM Investment Management, LLC | 948,432 | $16.0M | 0.04% | +1,192+0.1% | Added |
| Federated Hermes, Inc. | 957,000 | $15.9M | 0.03% | −197,465−17.1% | Reduced |
| Marshall Wace, LLP | 901,537 | $15.0M | 0.02% | +679,835+306.6% | Added |
| Paralel Advisors LLC | 900,000 | $15.0M | 0.62% | 00.0% | Unchanged |
| UBS Group AG | 840,330 | $14.0M | 0.00% | −44,826−5.1% | Reduced |
| MetLife Investment Management | 834,830 | $13.9M | 0.08% | +814,062+3,919.8% | Added |
| Wellington Management Group LLP | 831,105 | $13.8M | 0.00% | −16,765−2.0% | Reduced |
| State Street Corp | 807,737 | $13.4M | 0.00% | +9,115+1.1% | Added |
| Bank of America Corp | 790,191 | $13.2M | 0.00% | +208,593+35.9% | Added |
| Stephens Investment Management Group LLC | 708,663 | $11.8M | 0.17% | +15,304+2.2% | Added |
| Loup Funds, LLC | 681,339 | $11.3M | 4.80% | −107,131−13.6% | Reduced |
| Silvercrest Asset Management Group LLC | 628,114 | $10.5M | 0.07% | +628,114 | New |
| New York State Common Retirement Fund | 612,287 | $10.2M | 0.01% | +92,650+17.8% | Added |
| Balyasny Asset Management LLC | 608,389 | $10.1M | 0.03% | +139,847+29.8% | Added |
| Clearbridge Investments, LLC | 560,978 | $9.34M | 0.01% | −123,177−18.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 543,863 | $9.06M | 0.02% | −33,027−5.7% | Reduced |
| UBS Asset Management Americas Inc | 488,322 | $8.13M | 0.00% | −8,569−1.7% | Reduced |
| ArrowMark Colorado Holdings LLC | 483,852 | $8.06M | 0.13% | +132,210+37.6% | Added |
| Wasatch Advisors Inc | 470,989 | $7.84M | 0.04% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 390,333 | $6.50M | 0.07% | +603+0.2% | Added |
| Northern Trust Corp | 351,679 | $5.86M | 0.00% | +47,850+15.7% | Added |
| Avory & Company, LLC | 341,553 | $5.69M | 3.76% | +341,553 | New |
| Goldman Sachs Group Inc | 334,395 | $5.57M | 0.00% | −131,870−28.3% | Reduced |
| Charles Schwab Investment Management Inc | 320,706 | $5.34M | 0.00% | +10,855+3.5% | Added |
| Ameriprise Financial Inc | 298,422 | $4.97M | 0.00% | +48,679+19.5% | Added |
| Kornitzer Capital Management Inc | 298,167 | $4.96M | 0.10% | −179,470−37.6% | Reduced |
| Morgan Stanley | 268,314 | $4.47M | 0.00% | −202,053−43.0% | Reduced |
| Bank of New York Mellon Corp | 238,661 | $3.97M | 0.00% | +160,040+203.6% | Added |
| Russell Investments Group, Ltd. | 215,283 | $3.58M | 0.00% | +107,911+100.5% | Added |
| Rice Hall James & Associates, LLC | 165,984 | $2.76M | 0.16% | +78,518+89.8% | Added |
| B. Metzler seel. Sohn & Co. AG | 146,097 | $2.43M | 0.03% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 131,436 | $2.19M | 0.19% | −17,468−11.7% | Reduced |
| Ancora Advisors, LLC | 121,010 | $2.01M | 0.04% | +95,370+372.0% | Added |
| Moody National Bank Trust Division | 112,832 | $1.88M | 0.20% | +17,820+18.8% | Added |
| SEI Investments Co | 109,815 | $1.83M | 0.00% | −29,535−21.2% | Reduced |
| Abn Amro Investment Solutions | 99,993 | $1.66M | 0.03% | +16,622+19.9% | Added |
| Wells Fargo & Company | 93,684 | $1.56M | 0.00% | −5,182−5.2% | Reduced |
| Susquehanna International Group, LLP | 91,413 | $1.52M | 0.00% | +54,957+150.7% | Added |
| Two Sigma Investments, LP | 87,558 | $1.46M | 0.00% | −124,307−58.7% | Reduced |
| Envestnet Asset Management Inc | 86,647 | $1.44M | 0.00% | +20,361+30.7% | Added |
| Swiss National Bank | 82,300 | $1.37M | 0.00% | 00.0% | Unchanged |
| Atria Wealth Solutions, Inc. | 77,973 | $1.30M | 0.02% | +5,622+7.8% | Added |
| Tudor Investment Corp Et Al | 72,807 | $1.21M | 0.01% | −84,300−53.7% | Reduced |
| Barclays PLC | 71,329 | $1.19M | 0.00% | −15,246−17.6% | Reduced |
| Wesbanco Bank Inc | 68,699 | $1.14M | 0.04% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 68,503 | $1.14M | 0.04% | +68,503 | New |
| Nuveen, LLC | 65,148 | $1.08M | 0.00% | +65,148 | New |
| Raymond James Financial Inc | 64,713 | $1.08M | 0.00% | −25,256−28.1% | Reduced |
| SG Americas Securities, LLC | 56,466 | $940.0K | 0.00% | +41,289+272.0% | Added |
| Royal Bank of Canada | 54,267 | $903.0K | 0.00% | +21,830+67.3% | Added |
| Accurate Wealth Management, LLC | 49,369 | $865.9K | 0.17% | +49,369 | New |
| Rhumbline Advisers | 50,677 | $843.8K | 0.00% | +5,779+12.9% | Added |
| American Century Companies Inc | 50,320 | $837.8K | 0.00% | +39,592+369.1% | Added |
| Diametric Capital, LP | 47,219 | $786.2K | 0.93% | +47,219 | New |
| Vancity Investment Management Ltd | 45,509 | $758.0K | 0.10% | +45,509 | New |
| Invesco Ltd. | 45,198 | $752.5K | 0.00% | +21,009+86.9% | Added |
| Legal & General Group Plc | 44,807 | $746.0K | 0.00% | +4,345+10.7% | Added |
| Sterling Capital Management LLC | 39,267 | $653.8K | 0.01% | +39,236+126,567.7% | Added |
| California State Teachers Retirement System | 38,653 | $643.6K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 33,609 | $559.0K | 0.00% | −6,183−15.5% | Reduced |
| Citigroup Inc | 32,519 | $541.4K | 0.00% | +1,228+3.9% | Added |
| Rocky Mountain Advisers, LLC | 31,395 | $522.7K | 0.16% | +19,210+157.7% | Added |
| Alliancebernstein L.P. | 28,060 | $467.2K | 0.00% | 00.0% | Unchanged |
| Mariner, LLC | 27,497 | $457.8K | 0.00% | +6,051+28.2% | Added |
| Squarepoint Ops LLC | 27,256 | $453.8K | 0.00% | −215,845−88.8% | Reduced |
| Two Sigma Advisers, LP | 25,400 | $422.9K | 0.00% | −25,500−50.1% | Reduced |
| Millennium Management LLC | 24,955 | $415.5K | 0.00% | +24,955 | New |
| Deutsche Bank AG | 23,437 | $390.2K | 0.00% | −2,529−9.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 22,766 | $379.1K | 0.00% | +5,497+31.8% | Added |
| Commerce Bank | 22,095 | $367.9K | 0.00% | −255−1.1% | Reduced |
| Diversified Trust Co | 21,926 | $365.1K | 0.01% | −7,125−24.5% | Reduced |
| LPL Financial LLC | 21,810 | $363.1K | 0.00% | −3,448−13.7% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 20,287 | $337.8K | 0.00% | +14+0.1% | Added |
| Prelude Capital Management, LLC | 19,274 | $320.9K | 0.03% | +19,274 | New |
| Corebridge Financial, Inc. | 18,812 | $313.2K | 0.00% | +3,724+24.7% | Added |
| White Pine Capital LLC | 17,882 | $297.7K | 0.10% | +99+0.6% | Added |
| Janus Henderson Group PLC | 16,969 | $286.0K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 16,943 | $282.1K | 0.00% | +708+4.4% | Added |
| Price T Rowe Associates Inc | 16,574 | $276.0K | 0.00% | +4,503+37.3% | Added |
| KLP Kapitalforvaltning AS | 16,400 | $273.1K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 16,373 | $272.6K | 0.00% | +318+2.0% | Added |