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, Q2 2025
Institutional positions in First Watch Restaurant Group, Inc. as of Jun 30, 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
- 166
- +10 vs. Q1 2025
- Shares held
- 69.7M
- −892.1K (−1.3%) vs. Q1 2025
- Total value
- $1.12B
- −$57.5M (−4.9%) vs. Q1 2025
- New holders
- 34
- 70 more added
- Sold out
- 24
- 46 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Advent International Corp | 14,689,784 | $235.6M | 7.64% | −4,500,000−23.4% | Reduced |
| BlackRock, Inc. | 2,894,161 | $46.4M | 0.00% | −9,339−0.3% | Reduced |
| Vanguard Group Inc | 2,444,465 | $39.2M | 0.00% | +46,285+1.9% | Added |
| Dimensional Fund Advisors LP | 2,373,365 | $38.1M | 0.01% | +250,267+11.8% | Added |
| Manufacturers Life Insurance Company, The | 2,335,883 | $37.5M | 0.03% | +796,191+51.7% | Added |
| Lazard Asset Management LLC | 2,281,137 | $36.6M | 0.05% | +269,726+13.4% | Added |
| JPMorgan Chase & Co | 2,213,754 | $35.5M | 0.00% | +39,648+1.8% | Added |
| Gilder Gagnon Howe & Co LLC | 2,190,092 | $35.1M | 0.37% | −38,150−1.7% | Reduced |
| FMR LLC | 2,145,361 | $34.4M | 0.00% | −127,016−5.6% | Reduced |
| Champlain Investment Partners, LLC | 1,953,489 | $31.3M | 0.22% | −135,934−6.5% | Reduced |
| GW&K Investment Management, LLC | 1,826,258 | $29.3M | 0.26% | +192,166+11.8% | Added |
| Granahan Investment Management Inc | 1,647,128 | $26.4M | 1.08% | +52,861+3.3% | Added |
| Neuberger Berman Group LLC | 1,606,829 | $25.8M | 0.02% | +563,373+54.0% | Added |
| 12 West Capital Management LP | 1,490,701 | $23.9M | 2.53% | 00.0% | Unchanged |
| Riverbridge Partners LLC | 1,279,544 | $20.5M | 0.33% | +1,279,544 | New |
| Marshall Wace, LLP | 1,203,109 | $19.3M | 0.02% | +301,572+33.5% | Added |
| Loomis Sayles & Co L P | 1,144,014 | $18.3M | 0.02% | +1,144,014 | New |
| Brown Advisory Inc | 1,107,990 | $17.8M | 0.02% | −308,491−21.8% | Reduced |
| Geode Capital Management, LLC | 1,022,752 | $16.4M | 0.00% | +40,823+4.2% | Added |
| Wellington Management Group LLP | 1,016,078 | $16.3M | 0.00% | +184,973+22.3% | Added |
| Penn Capital Management Co Inc | 1,005,891 | $16.2M | 1.40% | −4,864−0.5% | Reduced |
| Federated Hermes, Inc. | 957,000 | $15.4M | 0.03% | 00.0% | Unchanged |
| State Street Corp | 921,756 | $14.8M | 0.00% | +114,019+14.1% | Added |
| Paralel Advisors LLC | 900,000 | $14.4M | 0.59% | 00.0% | Unchanged |
| Franklin Resources Inc | 879,620 | $14.1M | 0.00% | −146,649−14.3% | Reduced |
| MetLife Investment Management | 872,629 | $14.0M | 0.08% | +37,799+4.5% | Added |
| Stephens Investment Management Group LLC | 768,962 | $12.3M | 0.16% | +60,299+8.5% | Added |
| UBS Group AG | 768,916 | $12.3M | 0.00% | −71,414−8.5% | Reduced |
| WCM Investment Management, LLC | 736,931 | $11.9M | 0.03% | −211,501−22.3% | Reduced |
| Silvercrest Asset Management Group LLC | 662,216 | $10.6M | 0.07% | +34,102+5.4% | Added |
| Loup Funds, LLC | 631,052 | $10.1M | 4.01% | −50,287−7.4% | Reduced |
| New York State Common Retirement Fund | 612,287 | $9.82M | 0.01% | 00.0% | Unchanged |
| ArrowMark Colorado Holdings LLC | 572,132 | $9.18M | 0.17% | +88,280+18.2% | Added |
| Bank of America Corp | 490,122 | $7.86M | 0.00% | −300,069−38.0% | Reduced |
| Clearbridge Investments, LLC | 461,313 | $7.40M | 0.01% | −99,665−17.8% | Reduced |
| Northern Trust Corp | 457,353 | $7.34M | 0.00% | +105,674+30.0% | Added |
| UBS Asset Management Americas Inc | 422,644 | $6.78M | 0.00% | −65,678−13.4% | Reduced |
| Mutual of America Capital Management LLC | 401,737 | $6.44M | 0.07% | +11,404+2.9% | Added |
| Emerald Advisers, LLC | 384,838 | $6.17M | 0.23% | +384,838 | New |
| Avory & Company, LLC | 352,351 | $5.65M | 3.45% | +10,798+3.2% | Added |
| Wasatch Advisors Inc | 351,594 | $5.64M | 0.03% | −119,395−25.3% | Reduced |
| Armistice Capital, LLC | 350,000 | $5.61M | 0.21% | +350,000 | New |
| Allspring Global Investments Holdings, LLC | 345,225 | $5.54M | 0.01% | −198,638−36.5% | Reduced |
| Bank of New York Mellon Corp | 337,186 | $5.41M | 0.00% | +98,525+41.3% | Added |
| Charles Schwab Investment Management Inc | 335,611 | $5.38M | 0.00% | +14,905+4.6% | Added |
| Kornitzer Capital Management Inc | 315,387 | $5.06M | 0.10% | +17,220+5.8% | Added |
| Ameriprise Financial Inc | 297,464 | $4.77M | 0.00% | −958−0.3% | Reduced |
| Morgan Stanley | 292,203 | $4.69M | 0.00% | +23,889+8.9% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 278,075 | $4.46M | 0.07% | +278,075 | New |
| Emerald Mutual Fund Advisers Trust | 258,538 | $4.15M | 0.25% | +258,538 | New |
| Russell Investments Group, Ltd. | 255,634 | $4.10M | 0.01% | +40,351+18.7% | Added |
| Goldman Sachs Group Inc | 249,316 | $4.00M | 0.00% | −85,079−25.4% | Reduced |
| Manatuck Hill Partners, LLC | 200,000 | $3.21M | 1.21% | +200,000 | New |
| First Trust Advisors LP | 196,625 | $3.15M | 0.00% | +196,625 | New |
| Royal Bank of Canada | 185,262 | $2.97M | 0.00% | +130,995+241.4% | Added |
| SEI Investments Co | 138,372 | $2.22M | 0.00% | +28,557+26.0% | Added |
| Raymond James Financial Inc | 137,742 | $2.21M | 0.00% | +73,029+112.9% | Added |
| Gsa Capital Partners LLP | 133,730 | $2.15M | 0.15% | +133,730 | New |
| Moody National Bank Trust Division | 119,972 | $1.92M | 0.18% | +7,140+6.3% | Added |
| Susquehanna International Group, LLP | 111,817 | $1.79M | 0.00% | +20,404+22.3% | Added |
| Rice Hall James & Associates, LLC | 111,051 | $1.78M | 0.10% | −54,933−33.1% | Reduced |
| Two Sigma Investments, LP | 111,043 | $1.78M | 0.00% | +23,485+26.8% | Added |
| B. Metzler seel. Sohn & Co. AG | 105,917 | $1.70M | 0.02% | −40,180−27.5% | Reduced |
| LPL Financial LLC | 103,018 | $1.65M | 0.00% | +81,208+372.3% | Added |
| Wells Fargo & Company | 92,279 | $1.48M | 0.00% | −1,405−1.5% | Reduced |
| Dynamic Technology Lab Private Ltd | 88,553 | $1.42M | 0.19% | +88,553 | New |
| Squarepoint Ops LLC | 86,637 | $1.39M | 0.00% | +59,381+217.9% | Added |
| Barclays PLC | 81,228 | $1.30M | 0.00% | +9,899+13.9% | Added |
| Wesbanco Bank Inc | 79,699 | $1.28M | 0.04% | +11,000+16.0% | Added |
| Arkadios Wealth Advisors | 76,861 | $1.23M | 0.04% | +8,358+12.2% | Added |
| Swiss National Bank | 75,700 | $1.21M | 0.00% | −6,600−8.0% | Reduced |
| Accurate Wealth Management, LLC | 66,618 | $1.19M | 0.18% | +17,249+34.9% | Added |
| Rhumbline Advisers | 73,882 | $1.19M | 0.00% | +23,205+45.8% | Added |
| American Century Companies Inc | 72,166 | $1.16M | 0.00% | +21,846+43.4% | Added |
| Nuveen, LLC | 61,217 | $981.9K | 0.00% | −3,931−6.0% | Reduced |
| Invesco Ltd. | 58,237 | $934.1K | 0.00% | +13,039+28.8% | Added |
| Envestnet Asset Management Inc | 55,298 | $887.0K | 0.00% | −31,349−36.2% | Reduced |
| Vancity Investment Management Ltd | 50,833 | $815.0K | 0.10% | +5,324+11.7% | Added |
| Diametric Capital, LP | 50,641 | $812.3K | 0.43% | +3,422+7.2% | Added |
| Versor Investments LP | 47,200 | $757.1K | 0.13% | +47,200 | New |
| Legal & General Group Plc | 45,531 | $730.3K | 0.00% | +724+1.6% | Added |
| Aquatic Capital Management LLC | 43,020 | $690.0K | 0.01% | +43,020 | New |
| Victory Capital Management Inc | 40,750 | $653.6K | 0.00% | +40,750 | New |
| Ancora Advisors, LLC | 40,210 | $645.0K | 0.01% | −80,800−66.8% | Reduced |
| Sterling Capital Management LLC | 39,323 | $630.7K | 0.01% | +56+0.1% | Added |
| Brevan Howard Capital Management LP | 39,194 | $628.7K | 0.01% | +39,194 | New |
| California State Teachers Retirement System | 36,454 | $584.7K | 0.00% | −2,199−5.7% | Reduced |
| Alliancebernstein L.P. | 36,060 | $578.4K | 0.00% | +8,000+28.5% | Added |
| Captrust Financial Advisors | 33,972 | $544.9K | 0.00% | +33,972 | New |
| Bessemer Group Inc | 33,609 | $539.0K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 32,514 | $521.5K | 0.00% | +9,077+38.7% | Added |
| Balyasny Asset Management LLC | 28,072 | $450.3K | 0.00% | −580,317−95.4% | Reduced |
| Millennium Management LLC | 28,034 | $449.7K | 0.00% | +3,079+12.3% | Added |
| Rocky Mountain Advisers, LLC | 27,395 | $439.4K | 0.13% | −4,000−12.7% | Reduced |
| Commerce Bank | 26,625 | $427.1K | 0.00% | +4,530+20.5% | Added |
| White Pine Capital LLC | 25,362 | $406.8K | 0.13% | +7,480+41.8% | Added |
| Engineers Gate Manager LP | 23,639 | $379.2K | 0.00% | +23,639 | New |
| Verition Fund Management LLC | 23,498 | $376.9K | 0.00% | +23,498 | New |
| Oppenheimer Asset Management Inc. | 22,959 | $368.3K | 0.00% | +9,920+76.1% | Added |
| Two Sigma Advisers, LP | 22,800 | $365.7K | 0.00% | −2,600−10.2% | Reduced |