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 | $709.0M |
| Q4 2025 | 208 | $1.06B |
| Q3 2025 | 184 | $1.14B |
| Q2 2025 | 166 | $1.12B |
| Q1 2025 | 157 | $1.18B |
| Q4 2024 | 154 | $1.27B |
| Q3 2024 | 135 | $1.02B |
| Q2 2024 | 137 | $1.15B |
| Q1 2024 | 146 | $1.55B |
| Q4 2023 | 120 | $1.21B |
| Q3 2023 | 125 | $1.03B |
| Q2 2023 | 114 | $966.6M |
| Q1 2023 | 100 | $913.7M |
| 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 |
|---|---|---|---|---|---|
| Susquehanna International Group, LLP | 91,413 | $1.52M | 0.00% | +54,957+150.7% | Added |
| Wells Fargo & Company | 93,684 | $1.56M | 0.00% | −5,182−5.2% | Reduced |
| Abn Amro Investment Solutions | 99,993 | $1.66M | 0.03% | +16,622+19.9% | Added |
| SEI Investments Co | 109,815 | $1.83M | 0.00% | −29,535−21.2% | Reduced |
| Moody National Bank Trust Division | 112,832 | $1.88M | 0.20% | +17,820+18.8% | Added |
| Ancora Advisors, LLC | 121,010 | $2.01M | 0.04% | +95,370+372.0% | Added |
| Landscape Capital Management, L.L.C. | 131,436 | $2.19M | 0.19% | −17,468−11.7% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 146,097 | $2.43M | 0.03% | 00.0% | Unchanged |
| Rice Hall James & Associates, LLC | 165,984 | $2.76M | 0.16% | +78,518+89.8% | Added |
| Russell Investments Group, Ltd. | 215,283 | $3.58M | 0.00% | +107,911+100.5% | Added |
| Bank of New York Mellon Corp | 238,661 | $3.97M | 0.00% | +160,040+203.6% | Added |
| Morgan Stanley | 268,314 | $4.47M | 0.00% | −202,053−43.0% | Reduced |
| Kornitzer Capital Management Inc | 298,167 | $4.96M | 0.10% | −179,470−37.6% | Reduced |
| Ameriprise Financial Inc | 298,422 | $4.97M | 0.00% | +48,679+19.5% | Added |
| Charles Schwab Investment Management Inc | 320,706 | $5.34M | 0.00% | +10,855+3.5% | Added |
| Goldman Sachs Group Inc | 334,395 | $5.57M | 0.00% | −131,870−28.3% | Reduced |
| Avory & Company, LLC | 341,553 | $5.69M | 3.76% | +341,553 | New |
| Northern Trust Corp | 351,679 | $5.86M | 0.00% | +47,850+15.7% | Added |
| Mutual of America Capital Management LLC | 390,333 | $6.50M | 0.07% | +603+0.2% | Added |
| Wasatch Advisors Inc | 470,989 | $7.84M | 0.04% | 00.0% | Unchanged |
| ArrowMark Colorado Holdings LLC | 483,852 | $8.06M | 0.13% | +132,210+37.6% | Added |
| UBS Asset Management Americas Inc | 488,322 | $8.13M | 0.00% | −8,569−1.7% | Reduced |
| Allspring Global Investments Holdings, LLC | 543,863 | $9.06M | 0.02% | −33,027−5.7% | Reduced |
| Clearbridge Investments, LLC | 560,978 | $9.34M | 0.01% | −123,177−18.0% | Reduced |
| Balyasny Asset Management LLC | 608,389 | $10.1M | 0.03% | +139,847+29.8% | Added |
| New York State Common Retirement Fund | 612,287 | $10.2M | 0.01% | +92,650+17.8% | Added |
| Silvercrest Asset Management Group LLC | 628,114 | $10.5M | 0.07% | +628,114 | New |
| Loup Funds, LLC | 681,339 | $11.3M | 4.80% | −107,131−13.6% | Reduced |
| Stephens Investment Management Group LLC | 708,663 | $11.8M | 0.17% | +15,304+2.2% | Added |
| Bank of America Corp | 790,191 | $13.2M | 0.00% | +208,593+35.9% | Added |
| State Street Corp | 807,737 | $13.4M | 0.00% | +9,115+1.1% | Added |
| Wellington Management Group LLP | 831,105 | $13.8M | 0.00% | −16,765−2.0% | Reduced |
| MetLife Investment Management | 834,830 | $13.9M | 0.08% | +814,062+3,919.8% | Added |
| UBS Group AG | 840,330 | $14.0M | 0.00% | −44,826−5.1% | Reduced |
| Paralel Advisors LLC | 900,000 | $15.0M | 0.62% | 00.0% | Unchanged |
| Marshall Wace, LLP | 901,537 | $15.0M | 0.02% | +679,835+306.6% | Added |
| Federated Hermes, Inc. | 957,000 | $15.9M | 0.03% | −197,465−17.1% | Reduced |
| WCM Investment Management, LLC | 948,432 | $16.0M | 0.04% | +1,192+0.1% | Added |
| Geode Capital Management, LLC | 981,929 | $16.4M | 0.00% | +119,856+13.9% | Added |
| Penn Capital Management Co Inc | 1,010,755 | $16.9M | 1.64% | +275,269+37.4% | Added |
| Franklin Resources Inc | 1,026,269 | $17.1M | 0.00% | +3,093+0.3% | Added |
| Neuberger Berman Group LLC | 1,043,456 | $17.4M | 0.01% | +367,234+54.3% | Added |
| Brown Advisory Inc | 1,416,481 | $23.6M | 0.03% | −32,341−2.2% | Reduced |
| 12 West Capital Management LP | 1,490,701 | $24.8M | 3.66% | −522,705−26.0% | Reduced |
| Manufacturers Life Insurance Company, The | 1,539,692 | $25.6M | 0.02% | +11,564+0.8% | Added |
| Granahan Investment Management Inc | 1,594,267 | $26.5M | 1.32% | +122,657+8.3% | Added |
| GW&K Investment Management, LLC | 1,634,092 | $27.2M | 0.25% | −177,088−9.8% | Reduced |
| Foxhaven Asset Management, LP | 1,849,570 | $30.8M | 0.94% | −68,809−3.6% | Reduced |
| Lazard Asset Management LLC | 2,011,411 | $33.5M | 0.05% | −89,346−4.3% | Reduced |
| Champlain Investment Partners, LLC | 2,089,423 | $34.8M | 0.25% | −492,880−19.1% | Reduced |
| Dimensional Fund Advisors LP | 2,123,098 | $35.4M | 0.01% | +199,197+10.4% | Added |
| JPMorgan Chase & Co | 2,174,106 | $36.2M | 0.00% | +32,897+1.5% | Added |
| Gilder Gagnon Howe & Co LLC | 2,228,242 | $37.1M | 0.48% | −205,831−8.5% | Reduced |
| FMR LLC | 2,272,377 | $37.8M | 0.00% | +2,028,128+830.4% | Added |
| Vanguard Group Inc | 2,398,180 | $39.9M | 0.00% | +46,566+2.0% | Added |
| BlackRock, Inc. | 2,903,500 | $48.3M | 0.00% | +314,267+12.1% | Added |
| Advent International Corp | 19,189,784 | $319.5M | 10.11% | 00.0% | Unchanged |
| Armistice Capital, LLC | 0 | $0 | 0.00% | −375,000−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −140,098−100.0% | Sold out |
| Pamalican Asset Management Ltd | 0 | $0 | 0.00% | −48,896−100.0% | Sold out |
| M&T Bank Corp | 0 | $0 | 0.00% | −45,415−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −40,574−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −32,469−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −30,519−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −24,567−100.0% | Sold out |
| Cerity Partners LLC | 0 | $0 | 0.00% | −16,672−100.0% | Sold out |
| Natixis Advisors, L.P. | 0 | $0 | 0.00% | −12,145−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −11,865−100.0% | Sold out |
| Versor Investments LP | 0 | $0 | 0.00% | −11,500−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −10,990−100.0% | Sold out |
| Captrust Financial Advisors | 0 | $0 | 0.00% | −10,193−100.0% | Sold out |
| Venturi Wealth Management, LLC | 0 | $0 | 0.00% | −4,375−100.0% | Sold out |
| Whittier Trust Co of Nevada Inc | 0 | $0 | 0.00% | −2,745−100.0% | Sold out |
| Mainstream Capital Management LLC | 0 | $0 | 0.00% | −686−100.0% | Sold out |
| Johnson Financial Group, Inc. | 0 | $0 | 0.00% | −263−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −65−100.0% | Sold out |
| Signaturefd, LLC | 0 | $0 | 0.00% | −54−100.0% | Sold out |
| Mesirow Institutional Investment Management, Inc. | – | – | – | – | Not filed |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |