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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, 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.

Institutional holdersQ1 2025: 157 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: 120 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 heldQ1 2025: $1.18B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $963.2MQ1 2022: $737.3MQ2 2022: $813.4MQ3 2022: $826.2MQ4 2022: $768.5MQ1 2023: $913.7MQ2 2023: $966.6MQ3 2023: $1.03BQ4 2023: $1.21BQ1 2024: $1.55BQ2 2024: $1.15BQ3 2024: $1.02BQ4 2024: $1.27BQ1 2025: $1.18BQ2 2025: $1.12BQ3 2025: $1.14BQ4 2025: $1.06BQ1 2026: $709.0MQ2 2026: $842.4M
Institutions holding FWRG and their total value by quarter
QuarterHoldersValue
Q2 2026206$842.4M
Q1 2026210$709.0M
Q4 2025208$1.06B
Q3 2025184$1.14B
Q2 2025166$1.12B
Q1 2025157$1.18B
Q4 2024154$1.27B
Q3 2024135$1.02B
Q2 2024137$1.15B
Q1 2024146$1.55B
Q4 2023120$1.21B
Q3 2023125$1.03B
Q2 2023114$966.6M
Q1 2023100$913.7M
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, Q1 2025

Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q4 2024.

Institutions holding FWRG in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd5$00.00%00.0%Unchanged
National Bank of Canada3$500.00%+3New
Skopos Labs, Inc.4$670.00%+4New
Lindbrook Capital, LLC8$1330.00%+8New
Parallel Advisors, LLC17$2830.00%+12+240.0%Added
Fifth Third Bancorp19$3160.00%−18−48.6%Reduced
Stephens Consulting, LLC20$3330.00%+20New
EverSource Wealth Advisors, LLC24$4000.00%+11+84.6%Added
Parkside Financial Bank & Trust30$5000.00%+30New
SBI Securities Co., Ltd.36$5990.00%+35+3,500.0%Added
Geneos Wealth Management Inc.63$1.05K0.00%−7−10.0%Reduced
Larson Financial Group LLC63$1.05K0.00%+63New
SRS Capital Advisors, Inc.66$1.10K0.00%+33+100.0%Added
Smartleaf Asset Management LLC70$1.18K0.00%−11−13.6%Reduced
Rothschild Investment LLC105$1.75K0.00%+50+90.9%Added
Farther Finance Advisors, LLC104$1.86K0.00%+100+2,500.0%Added
Global Financial Private Client, LLC121$2.02K0.00%+121New
Clear Street Markets LLC122$2.03K0.00%+122New
Nisa Investment Advisors, LLC124$2.06K0.00%+62+100.0%Added
US Bancorp162$2.70K0.00%+162New
Fortitude Family Office, LLC167$2.78K0.00%00.0%Unchanged
WPG Advisers, LLC176$2.93K0.00%−1−0.6%Reduced
Fourth Dimension Wealth, LLC200$3.33K0.00%00.0%Unchanged
Huntington National Bank216$3.60K0.00%+4+1.9%Added
Mather Group, LLC.250$4.16K0.00%+250New
Private Trust Co NA281$4.68K0.00%00.0%Unchanged
GAMMA Investing LLC327$5.45K0.00%+10+3.2%Added
CWM, LLC349$6.00K0.00%+108+44.8%Added
Steward Partners Investment Advisory, LLC450$7.49K0.00%+200+80.0%Added
Quadrant Capital Group LLC578$9.62K0.00%−42−6.8%Reduced
First Horizon Advisors, Inc.634$10.6K0.00%00.0%Unchanged
Caldwell Trust Co1,200$20.0K0.00%00.0%Unchanged
Amalgamated Bank1,324$22.0K0.00%+568+75.1%Added
Tower Research Capital LLC (TRC)1,359$22.6K0.00%+697+105.3%Added
IFP Advisors, Inc1,334$22.7K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.1,725$28.7K0.00%+78+4.7%Added
Citadel Advisors LLC1,893$31.5K0.00%−536,392−99.6%Reduced
Sunbelt Securities, Inc.2,360$39.3K0.00%00.0%Unchanged
Assetmark, Inc2,455$40.9K0.00%00.0%Unchanged
Aster Capital Management (DIFC) Ltd2,057$43.9K0.01%+1,896+1,177.6%Added
BNP Paribas Arbitrage, SA2,702$45.0K0.00%−1,906−41.4%Reduced
Coldstream Capital Management Inc2,872$47.8K0.00%+2,872New
Comerica Bank3,236$53.9K0.00%−1,921−37.3%Reduced
Ameritas Investment Partners, Inc.3,885$64.7K0.00%+912+30.7%Added
Accent Capital Management, LLC5,000$83.3K0.05%00.0%Unchanged
State of Wyoming5,882$97.9K0.01%+2,668+83.0%Added
Harbor Capital Advisors, Inc.7,274$121.0K0.01%−7,364−50.3%Reduced
Police & Firemen's Retirement System of New Jersey7,767$129.3K0.00%+1,624+26.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)9,807$163.3K0.00%+4,512+85.2%Added
Stifel Financial Corp10,356$172.4K0.00%+10,356New
Blueshift Asset Management, LLC10,975$182.7K0.07%+10,975New
CI Private Wealth, LLC11,130$185.3K0.00%+11,130New
Creative Planning11,230$187.0K0.00%+11,230New
Arizona State Retirement System12,091$201.3K0.00%−174−1.4%Reduced
Atria Investments LLC12,146$202.2K0.00%+12,146New
Oppenheimer Asset Management Inc.13,039$217.1K0.00%+2,083+19.0%Added
Sumitomo Mitsui Trust Holdings, Inc.15,582$259.4K0.00%+15,582New
Intech Investment Management LLC16,373$272.6K0.00%+318+2.0%Added
KLP Kapitalforvaltning AS16,400$273.1K0.00%00.0%Unchanged
Price T Rowe Associates Inc16,574$276.0K0.00%+4,503+37.3%Added
The PNC Financial Services Group, Inc.16,943$282.1K0.00%+708+4.4%Added
Janus Henderson Group PLC16,969$286.0K0.00%00.0%Unchanged
White Pine Capital LLC17,882$297.7K0.10%+99+0.6%Added
Corebridge Financial, Inc.18,812$313.2K0.00%+3,724+24.7%Added
Prelude Capital Management, LLC19,274$320.9K0.03%+19,274New
Universal- Beteiligungs- und Servicegesellschaft mbH20,287$337.8K0.00%+14+0.1%Added
LPL Financial LLC21,810$363.1K0.00%−3,448−13.7%Reduced
Diversified Trust Co21,926$365.1K0.01%−7,125−24.5%Reduced
Commerce Bank22,095$367.9K0.00%−255−1.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.22,766$379.1K0.00%+5,497+31.8%Added
Deutsche Bank AG23,437$390.2K0.00%−2,529−9.7%Reduced
Millennium Management LLC24,955$415.5K0.00%+24,955New
Two Sigma Advisers, LP25,400$422.9K0.00%−25,500−50.1%Reduced
Squarepoint Ops LLC27,256$453.8K0.00%−215,845−88.8%Reduced
Mariner, LLC27,497$457.8K0.00%+6,051+28.2%Added
Alliancebernstein L.P.28,060$467.2K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC31,395$522.7K0.16%+19,210+157.7%Added
Citigroup Inc32,519$541.4K0.00%+1,228+3.9%Added
Bessemer Group Inc33,609$559.0K0.00%−6,183−15.5%Reduced
California State Teachers Retirement System38,653$643.6K0.00%00.0%Unchanged
Sterling Capital Management LLC39,267$653.8K0.01%+39,236+126,567.7%Added
Legal & General Group Plc44,807$746.0K0.00%+4,345+10.7%Added
Invesco Ltd.45,198$752.5K0.00%+21,009+86.9%Added
Vancity Investment Management Ltd45,509$758.0K0.10%+45,509New
Diametric Capital, LP47,219$786.2K0.93%+47,219New
American Century Companies Inc50,320$837.8K0.00%+39,592+369.1%Added
Rhumbline Advisers50,677$843.8K0.00%+5,779+12.9%Added
Accurate Wealth Management, LLC49,369$865.9K0.17%+49,369New
Royal Bank of Canada54,267$903.0K0.00%+21,830+67.3%Added
SG Americas Securities, LLC56,466$940.0K0.00%+41,289+272.0%Added
Raymond James Financial Inc64,713$1.08M0.00%−25,256−28.1%Reduced
Nuveen, LLC65,148$1.08M0.00%+65,148New
Arkadios Wealth Advisors68,503$1.14M0.04%+68,503New
Wesbanco Bank Inc68,699$1.14M0.04%00.0%Unchanged
Barclays PLC71,329$1.19M0.00%−15,246−17.6%Reduced
Tudor Investment Corp Et Al72,807$1.21M0.01%−84,300−53.7%Reduced
Atria Wealth Solutions, Inc.77,973$1.30M0.02%+5,622+7.8%Added
Swiss National Bank82,300$1.37M0.00%00.0%Unchanged
Envestnet Asset Management Inc86,647$1.44M0.00%+20,361+30.7%Added
Two Sigma Investments, LP87,558$1.46M0.00%−124,307−58.7%Reduced