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
- −984.7K (−1.4%) vs. Q1 2025
- Total value
- $1.12B
- −$59.0M (−5.0%) 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 | $709.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Dynamic Technology Lab Private Ltd | 88,553 | $1.42M | 0.19% | +88,553 | New |
| Wells Fargo & Company | 92,279 | $1.48M | 0.00% | −1,405−1.5% | Reduced |
| Royal Bank of Canada | 92,631 | $1.49M | 0.00% | +38,364+70.7% | Added |
| LPL Financial LLC | 103,018 | $1.65M | 0.00% | +81,208+372.3% | Added |
| B. Metzler seel. Sohn & Co. AG | 105,917 | $1.70M | 0.02% | −40,180−27.5% | Reduced |
| Two Sigma Investments, LP | 111,043 | $1.78M | 0.00% | +23,485+26.8% | Added |
| Rice Hall James & Associates, LLC | 111,051 | $1.78M | 0.10% | −54,933−33.1% | Reduced |
| Susquehanna International Group, LLP | 111,817 | $1.79M | 0.00% | +20,404+22.3% | Added |
| Moody National Bank Trust Division | 119,972 | $1.92M | 0.18% | +7,140+6.3% | Added |
| Gsa Capital Partners LLP | 133,730 | $2.15M | 0.15% | +133,730 | New |
| Raymond James Financial Inc | 137,742 | $2.21M | 0.00% | +73,029+112.9% | Added |
| SEI Investments Co | 138,372 | $2.22M | 0.00% | +28,557+26.0% | Added |
| First Trust Advisors LP | 196,625 | $3.15M | 0.00% | +196,625 | New |
| Manatuck Hill Partners, LLC | 200,000 | $3.21M | 1.21% | +200,000 | New |
| Goldman Sachs Group Inc | 249,316 | $4.00M | 0.00% | −85,079−25.4% | Reduced |
| Russell Investments Group, Ltd. | 255,634 | $4.10M | 0.01% | +40,351+18.7% | Added |
| Emerald Mutual Fund Advisers Trust | 258,538 | $4.15M | 0.25% | +258,538 | New |
| Maverick Capital LtdSuperinvestorMaverick Capital | 278,075 | $4.46M | 0.07% | +278,075 | New |
| Morgan Stanley | 292,203 | $4.69M | 0.00% | +23,889+8.9% | Added |
| Ameriprise Financial Inc | 297,464 | $4.77M | 0.00% | −958−0.3% | Reduced |
| Kornitzer Capital Management Inc | 315,387 | $5.06M | 0.10% | +17,220+5.8% | Added |
| Charles Schwab Investment Management Inc | 335,611 | $5.38M | 0.00% | +14,905+4.6% | Added |
| Bank of New York Mellon Corp | 337,186 | $5.41M | 0.00% | +98,525+41.3% | Added |
| Allspring Global Investments Holdings, LLC | 345,225 | $5.54M | 0.01% | −198,638−36.5% | Reduced |
| Armistice Capital, LLC | 350,000 | $5.61M | 0.21% | +350,000 | New |
| Wasatch Advisors Inc | 351,594 | $5.64M | 0.03% | −119,395−25.3% | Reduced |
| Avory & Company, LLC | 352,351 | $5.65M | 3.45% | +10,798+3.2% | Added |
| Emerald Advisers, LLC | 384,838 | $6.17M | 0.23% | +384,838 | New |
| Mutual of America Capital Management LLC | 401,737 | $6.44M | 0.07% | +11,404+2.9% | Added |
| UBS Asset Management Americas Inc | 422,644 | $6.78M | 0.00% | −65,678−13.4% | Reduced |
| Northern Trust Corp | 457,353 | $7.34M | 0.00% | +105,674+30.0% | Added |
| Clearbridge Investments, LLC | 461,313 | $7.40M | 0.01% | −99,665−17.8% | Reduced |
| Bank of America Corp | 490,122 | $7.86M | 0.00% | −300,069−38.0% | Reduced |
| ArrowMark Colorado Holdings LLC | 572,132 | $9.18M | 0.17% | +88,280+18.2% | Added |
| New York State Common Retirement Fund | 612,287 | $9.82M | 0.01% | 00.0% | Unchanged |
| Loup Funds, LLC | 631,052 | $10.1M | 4.01% | −50,287−7.4% | Reduced |
| Silvercrest Asset Management Group LLC | 662,216 | $10.6M | 0.07% | +34,102+5.4% | Added |
| WCM Investment Management, LLC | 736,931 | $11.9M | 0.03% | −211,501−22.3% | Reduced |
| UBS Group AG | 768,916 | $12.3M | 0.00% | −71,414−8.5% | Reduced |
| Stephens Investment Management Group LLC | 768,962 | $12.3M | 0.16% | +60,299+8.5% | Added |
| MetLife Investment Management | 872,629 | $14.0M | 0.08% | +37,799+4.5% | Added |
| Franklin Resources Inc | 879,620 | $14.1M | 0.00% | −146,649−14.3% | Reduced |
| Paralel Advisors LLC | 900,000 | $14.4M | 0.59% | 00.0% | Unchanged |
| State Street Corp | 921,756 | $14.8M | 0.00% | +114,019+14.1% | Added |
| Federated Hermes, Inc. | 957,000 | $15.4M | 0.03% | 00.0% | Unchanged |
| Penn Capital Management Co Inc | 1,005,891 | $16.2M | 1.40% | −4,864−0.5% | Reduced |
| Wellington Management Group LLP | 1,016,078 | $16.3M | 0.00% | +184,973+22.3% | Added |
| Geode Capital Management, LLC | 1,022,752 | $16.4M | 0.00% | +40,823+4.2% | Added |
| Brown Advisory Inc | 1,107,990 | $17.8M | 0.02% | −308,491−21.8% | Reduced |
| Loomis Sayles & Co L P | 1,144,014 | $18.3M | 0.02% | +1,144,014 | New |
| Marshall Wace, LLP | 1,203,109 | $19.3M | 0.02% | +301,572+33.5% | Added |
| Riverbridge Partners LLC | 1,279,544 | $20.5M | 0.33% | +1,279,544 | New |
| 12 West Capital Management LP | 1,490,701 | $23.9M | 2.53% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 1,606,829 | $25.8M | 0.02% | +563,373+54.0% | Added |
| Granahan Investment Management Inc | 1,647,128 | $26.4M | 1.08% | +52,861+3.3% | Added |
| GW&K Investment Management, LLC | 1,826,258 | $29.3M | 0.26% | +192,166+11.8% | Added |
| Champlain Investment Partners, LLC | 1,953,489 | $31.3M | 0.22% | −135,934−6.5% | Reduced |
| FMR LLC | 2,145,361 | $34.4M | 0.00% | −127,016−5.6% | Reduced |
| Gilder Gagnon Howe & Co LLC | 2,190,092 | $35.1M | 0.37% | −38,150−1.7% | Reduced |
| JPMorgan Chase & Co | 2,213,754 | $35.5M | 0.00% | +39,648+1.8% | Added |
| Lazard Asset Management LLC | 2,281,137 | $36.6M | 0.05% | +269,726+13.4% | Added |
| Manufacturers Life Insurance Company, The | 2,335,883 | $37.5M | 0.03% | +796,191+51.7% | Added |
| Dimensional Fund Advisors LP | 2,373,365 | $38.1M | 0.01% | +250,267+11.8% | Added |
| Vanguard Group Inc | 2,444,465 | $39.2M | 0.00% | +46,285+1.9% | Added |
| BlackRock, Inc. | 2,894,161 | $46.4M | 0.00% | −9,339−0.3% | Reduced |
| Advent International Corp | 14,689,784 | $235.6M | 7.64% | −4,500,000−23.4% | Reduced |
| Foxhaven Asset Management, LP | 0 | $0 | 0.00% | −1,849,570−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −131,436−100.0% | Sold out |
| Abn Amro Investment Solutions | 0 | $0 | 0.00% | −99,993−100.0% | Sold out |
| Atria Wealth Solutions, Inc. | 0 | $0 | 0.00% | −77,973−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −72,807−100.0% | Sold out |
| Mariner, LLC | 0 | $0 | 0.00% | −27,497−100.0% | Sold out |
| Corebridge Financial, Inc. | 0 | $0 | 0.00% | −18,812−100.0% | Sold out |
| Creative Planning | 0 | $0 | 0.00% | −11,230−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −11,130−100.0% | Sold out |
| Blueshift Asset Management, LLC | 0 | $0 | 0.00% | −10,975−100.0% | Sold out |
| State of Wyoming | 0 | $0 | 0.00% | −5,882−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −2,872−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −2,057−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −1,893−100.0% | Sold out |
| Quadrant Capital Group LLC | 0 | $0 | 0.00% | −578−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −250−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −122−100.0% | Sold out |
| Global Financial Private Client, LLC | 0 | $0 | 0.00% | −121−100.0% | Sold out |
| Larson Financial Group LLC | 0 | $0 | 0.00% | −63−100.0% | Sold out |
| Parkside Financial Bank & Trust | 0 | $0 | 0.00% | −30−100.0% | Sold out |
| Stephens Consulting, LLC | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| Parallel Advisors, LLC | 0 | $0 | 0.00% | −17−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| National Bank of Canada | 0 | $0 | 0.00% | −3−100.0% | Sold out |
| Lindbrook Capital, LLC | – | – | – | – | Not filed |