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, Q3 2025
Institutional positions in First Watch Restaurant Group, Inc. as of Sep 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
- 184
- +19 vs. Q2 2025
- Shares held
- 72.6M
- +2.94M (+4.2%) vs. Q2 2025
- Total value
- $1.14B
- +$18.2M (+1.6%) vs. Q2 2025
- New holders
- 31
- 80 more added
- Sold out
- 12
- 46 more reduced
1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Covestor Ltd | 5 | $0 | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 1 | $16 | 0.00% | +1 | New |
| SBI Securities Co., Ltd. | 2 | $31 | 0.00% | −34−94.4% | Reduced |
| Allworth Financial LP | 2 | $32 | 0.00% | +2 | New |
| Advisory Services Network, LLC | 8 | $125 | 0.00% | +8 | New |
| Fortitude Family Office, LLC | 17 | $266 | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 33 | $516 | 0.00% | +33 | New |
| Rothschild Investment LLC | 70 | $1.09K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 70 | $1.11K | 0.00% | +35+100.0% | Added |
| Steward Partners Investment Advisory, LLC | 77 | $1.20K | 0.00% | −1,073−93.3% | Reduced |
| EverSource Wealth Advisors, LLC | 99 | $1.55K | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 103 | $1.61K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 110 | $1.72K | 0.00% | +10+10.0% | Added |
| SRS Capital Advisors, Inc. | 126 | $1.97K | 0.00% | +86+215.0% | Added |
| Global Retirement Partners, LLC | 136 | $2.13K | 0.00% | 00.0% | Unchanged |
| Fourth Dimension Wealth, LLC | 200 | $3.13K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 224 | $3.50K | 0.00% | +102+83.6% | Added |
| Quest Partners LLC | 247 | $3.86K | 0.00% | +247 | New |
| Optiver Holding B.V. | 258 | $4.04K | 0.00% | +258 | New |
| Private Trust Co NA | 281 | $4.39K | 0.00% | 00.0% | Unchanged |
| Mather Group, LLC. | 300 | $4.69K | 0.00% | +300 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 302 | $5.00K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 317 | $5.00K | 0.00% | +145+84.3% | Added |
| Nisa Investment Advisors, LLC | 398 | $6.22K | 0.00% | +29+7.9% | Added |
| Huntington National Bank | 457 | $7.15K | 0.00% | −17−3.6% | Reduced |
| Quadrant Capital Group LLC | 552 | $8.63K | 0.00% | +552 | New |
| Quarry LP | 984 | $15.4K | 0.00% | +984 | New |
| Highline Wealth Partners LLC | 1,000 | $15.6K | 0.00% | +1,000 | New |
| Caldwell Trust Co | 1,200 | $18.8K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,324 | $21.0K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,696 | $26.5K | 0.00% | +2+0.1% | Added |
| Sunbelt Securities, Inc. | 1,742 | $27.2K | 0.00% | −618−26.2% | Reduced |
| Jones Financial Companies LLLP | 1,850 | $29.6K | 0.00% | +1,850 | New |
| Advisor Group Holdings, Inc. | 2,251 | $42.1K | 0.00% | +250+12.5% | Added |
| Assetmark, Inc | 2,960 | $46.3K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 3,759 | $58.8K | 0.00% | −3,518−48.3% | Reduced |
| NBC Securities, Inc. | 3,839 | $60.0K | 0.00% | +3,839 | New |
| 1620 Investment Advisors, Inc. | 3,859 | $60.4K | 0.04% | +65+1.7% | Added |
| Ameritas Investment Partners, Inc. | 3,885 | $60.8K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 4,923 | $77.0K | 0.00% | −887−15.3% | Reduced |
| Aquatic Capital Management LLC | 4,970 | $77.7K | 0.00% | −38,050−88.4% | Reduced |
| Comerica Bank | 8,577 | $134.1K | 0.00% | +1,991+30.2% | Added |
| Harbor Capital Advisors, Inc. | 9,415 | $147.0K | 0.01% | −3,252−25.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 9,807 | $153.4K | 0.00% | 00.0% | Unchanged |
| LVW Advisors, LLC | 10,471 | $163.8K | 0.02% | −342−3.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 11,290 | $176.6K | 0.00% | +2,182+24.0% | Added |
| Fiduciary Trust Co | 11,797 | $184.5K | 0.00% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 11,825 | $184.9K | 0.00% | −11,814−50.0% | Reduced |
| Caxton Associates LLP | 12,085 | $189.0K | 0.01% | +12,085 | New |
| Trexquant Investment LP | 12,671 | $198.2K | 0.00% | +12,671 | New |
| Bailard, Inc. | 12,800 | $200.2K | 0.00% | 00.0% | Unchanged |
| Capital Management Associates, Inc | 13,023 | $203.7K | 0.06% | 00.0% | Unchanged |
| Arizona State Retirement System | 13,518 | $211.4K | 0.00% | +1,974+17.1% | Added |
| Intech Investment Management LLC | 14,435 | $225.8K | 0.00% | −1,294−8.2% | Reduced |
| Canada Pension Plan Investment Board | 15,300 | $239.3K | 0.00% | +1,500+10.9% | Added |
| ProShare Advisors LLC | 15,522 | $242.8K | 0.00% | +15,522 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 16,070 | $251.3K | 0.00% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 16,400 | $256.5K | 0.00% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 16,969 | $265.3K | 0.00% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 17,705 | $276.9K | 0.01% | +17,705 | New |
| Citigroup Inc | 18,114 | $283.3K | 0.00% | −3,322−15.5% | Reduced |
| Atria Investments LLC | 18,583 | $290.6K | 0.00% | −3,840−17.1% | Reduced |
| Magnetar Financial LLC | 18,879 | $295.3K | 0.00% | +18,879 | New |
| Two Sigma Advisers, LP | 20,200 | $315.9K | 0.00% | −2,600−11.4% | Reduced |
| BNP Paribas Arbitrage, SA | 20,737 | $324.3K | 0.00% | +16,362+374.0% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 21,093 | $329.9K | 0.00% | −1,024−4.6% | Reduced |
| Diversified Trust Co | 21,800 | $341.0K | 0.01% | 00.0% | Unchanged |
| Simplex Trading, LLC | 22,637 | $354.0K | 0.01% | +8,630+61.6% | Added |
| The PNC Financial Services Group, Inc. | 23,016 | $360.0K | 0.00% | +934+4.2% | Added |
| Price T Rowe Associates Inc | 24,329 | $381.0K | 0.00% | +3,915+19.2% | Added |
| Commerce Bank | 25,260 | $395.1K | 0.00% | −1,365−5.1% | Reduced |
| White Pine Capital LLC | 25,356 | $396.6K | 0.11% | −60.0% | Reduced |
| Rocky Mountain Advisers, LLC | 26,020 | $407.0K | 0.12% | −1,375−5.0% | Reduced |
| Brevan Howard Capital Management LP | 26,044 | $407.3K | 0.01% | −13,150−33.6% | Reduced |
| Walleye Capital LLC | 27,000 | $422.3K | 0.00% | +27,000 | New |
| Natixis Advisors, L.P. | 30,555 | $478.0K | 0.00% | +14,727+93.0% | Added |
| Oppenheimer Asset Management Inc. | 30,708 | $480.3K | 0.01% | +7,749+33.8% | Added |
| Bessemer Group Inc | 33,609 | $526.0K | 0.00% | 00.0% | Unchanged |
| Captrust Financial Advisors | 34,325 | $536.8K | 0.00% | +353+1.0% | Added |
| Alliancebernstein L.P. | 36,060 | $564.0K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 36,486 | $570.6K | 0.00% | +3,972+12.2% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 36,629 | $572.9K | 0.00% | +14,072+62.4% | Added |
| Dynamic Technology Lab Private Ltd | 36,700 | $574.0K | 0.10% | −51,853−58.6% | Reduced |
| Two Sigma Investments, LP | 37,793 | $591.1K | 0.00% | −73,250−66.0% | Reduced |
| SG Americas Securities, LLC | 39,220 | $613.0K | 0.00% | +19,051+94.5% | Added |
| Verition Fund Management LLC | 40,831 | $638.6K | 0.00% | +17,333+73.8% | Added |
| Prelude Capital Management, LLC | 41,466 | $648.5K | 0.05% | +21,653+109.3% | Added |
| California State Teachers Retirement System | 45,260 | $707.9K | 0.00% | +8,806+24.2% | Added |
| Vancity Investment Management Ltd | 47,702 | $746.0K | 0.10% | −3,131−6.2% | Reduced |
| Victory Capital Management Inc | 55,200 | $863.3K | 0.00% | +14,450+35.5% | Added |
| Legal & General Group Plc | 56,676 | $886.4K | 0.00% | +11,145+24.5% | Added |
| Rhumbline Advisers | 61,012 | $954.2K | 0.00% | −12,870−17.4% | Reduced |
| UBS Asset Management Americas Inc | 64,007 | $1.00M | 0.00% | −358,637−84.9% | Reduced |
| Nuveen, LLC | 65,460 | $1.02M | 0.00% | +4,243+6.9% | Added |
| Dark Forest Capital Management LP | 67,318 | $1.05M | 0.04% | +67,318 | New |
| Invesco Ltd. | 68,061 | $1.06M | 0.00% | +9,824+16.9% | Added |
| Envestnet Asset Management Inc | 70,389 | $1.10M | 0.00% | +15,091+27.3% | Added |
| Jane Street Group, LLC | 72,879 | $1.14M | 0.00% | +50,664+228.1% | Added |
| Qube Research & Technologies Ltd | 72,885 | $1.14M | 0.00% | +72,885 | New |
| Accurate Wealth Management, LLC | 66,696 | $1.17M | 0.16% | +78+0.1% | Added |