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, Q4 2025
Institutional positions in First Watch Restaurant Group, Inc. as of Dec 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
- 208
- +24 vs. Q3 2025
- Shares held
- 70.4M
- −2.21M (−3.0%) vs. Q3 2025
- Total value
- $1.06B
- −$74.2M (−6.5%) vs. Q3 2025
- New holders
- 45
- 93 more added
- Sold out
- 21
- 58 more reduced
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Covestor Ltd | 4 | $0 | 0.00% | −1−20.0% | Reduced |
| Fortitude Family Office, LLC | 1 | $15 | 0.00% | −16−94.1% | Reduced |
| SBI Securities Co., Ltd. | 1 | $15 | 0.00% | −1−50.0% | Reduced |
| National Bank of Canada | 2 | $30 | 0.00% | +2 | New |
| Allworth Financial LP | 2 | $31 | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 15 | $226 | 0.00% | +15 | New |
| Essential Partners LLC | 21 | $317 | 0.00% | +20+2,000.0% | Added |
| True Wealth Design, LLC | 30 | $453 | 0.00% | +30 | New |
| Parkside Financial Bank & Trust | 35 | $528 | 0.00% | +35 | New |
| Torren Management, LLC | 37 | $558 | 0.00% | +37 | New |
| SJS Investment Consulting Inc. | 66 | $996 | 0.00% | +66 | New |
| WPG Advisers, LLC | 72 | $1.09K | 0.00% | −31−30.1% | Reduced |
| Steward Partners Investment Advisory, LLC | 77 | $1.16K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 80 | $1.21K | 0.00% | +10+14.3% | Added |
| Smartleaf Asset Management LLC | 81 | $1.22K | 0.00% | +11+15.7% | Added |
| Farther Finance Advisors, LLC | 110 | $1.66K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 144 | $2.17K | 0.00% | +45+45.5% | Added |
| Global Retirement Partners, LLC | 157 | $2.37K | 0.00% | +21+15.4% | Added |
| Rachor Investment Advisory Services, LLC | 164 | $2.47K | 0.00% | +164 | New |
| Fourth Dimension Wealth, LLC | 200 | $3.02K | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 213 | $3.21K | 0.00% | +213 | New |
| Los Angeles Capital Management LLC | 195 | $3.22K | 0.00% | +195 | New |
| Private Trust Co NA | 281 | $4.24K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 296 | $4.46K | 0.00% | +170+134.9% | Added |
| Aster Capital Management (DIFC) Ltd | 302 | $4.55K | 0.00% | +302 | New |
| Optiver Holding B.V. | 374 | $5.64K | 0.00% | +116+45.0% | Added |
| Huntington National Bank | 451 | $6.80K | 0.00% | −6−1.3% | Reduced |
| GAMMA Investing LLC | 462 | $6.97K | 0.00% | +238+106.3% | Added |
| International Assets Investment Management, LLC | 506 | $7.63K | 0.00% | +506 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 502 | $8.00K | 0.00% | +200+66.2% | Added |
| Quadrant Capital Group LLC | 542 | $8.17K | 0.00% | −10−1.8% | Reduced |
| Versant Capital Management, Inc | 568 | $8.56K | 0.00% | +568 | New |
| HM Payson & Co | 662 | $9.98K | 0.00% | +662 | New |
| Nisa Investment Advisors, LLC | 848 | $12.8K | 0.00% | +450+113.1% | Added |
| Jones Financial Companies LLLP | 930 | $14.0K | 0.00% | −920−49.7% | Reduced |
| CWM, LLC | 1,033 | $16.0K | 0.00% | +716+225.9% | Added |
| Caldwell Trust Co | 1,200 | $18.1K | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 1,268 | $19.1K | 0.00% | +1,268 | New |
| Sunbelt Securities, Inc. | 1,301 | $19.6K | 0.00% | −441−25.3% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,395 | $21.0K | 0.00% | +1,395 | New |
| Advisor Group Holdings, Inc. | 1,478 | $22.3K | 0.00% | −773−34.3% | Reduced |
| Quarry LP | 1,529 | $23.1K | 0.00% | +545+55.4% | Added |
| Tower Research Capital LLC (TRC) | 1,584 | $23.9K | 0.00% | −2,175−57.9% | Reduced |
| Fifth Third Bancorp | 1,696 | $25.6K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,729 | $26.0K | 0.00% | +405+30.6% | Added |
| US Bancorp | 2,195 | $33.1K | 0.00% | −2,728−55.4% | Reduced |
| Assetmark, Inc | 3,545 | $53.5K | 0.00% | +585+19.8% | Added |
| Rockefeller Capital Management L.P. | 4,153 | $62.6K | 0.00% | +4,153 | New |
| State of Wyoming | 4,243 | $64.0K | 0.01% | +4,243 | New |
| Kemnay Advisory Services Inc. | 4,353 | $65.6K | 0.01% | +4,353 | New |
| 1620 Investment Advisors, Inc. | 4,447 | $67.1K | 0.04% | +588+15.2% | Added |
| Ameritas Investment Partners, Inc. | 4,467 | $67.4K | 0.00% | +582+15.0% | Added |
| Comerica Bank | 6,385 | $96.3K | 0.00% | −2,192−25.6% | Reduced |
| Citigroup Inc | 6,960 | $105.0K | 0.00% | −11,154−61.6% | Reduced |
| Kestra Advisory Services, LLC | 7,371 | $111.2K | 0.00% | +7,371 | New |
| AdvisorShares Investments LLC | 7,516 | $113.3K | 0.02% | +7,516 | New |
| Harbor Capital Advisors, Inc. | 9,336 | $141.0K | 0.01% | −79−0.8% | Reduced |
| ProShare Advisors LLC | 10,018 | $151.1K | 0.00% | −5,504−35.5% | Reduced |
| LVW Advisors, LLC | 10,471 | $157.9K | 0.02% | 00.0% | Unchanged |
| Sanctuary Advisors, LLC | 10,748 | $162.1K | 0.00% | +10,748 | New |
| Kings Path Partners LLC | 10,825 | $163.2K | 0.06% | +10,825 | New |
| Dynamic Technology Lab Private Ltd | 11,314 | $171.0K | 0.04% | −25,386−69.2% | Reduced |
| Stephens Inc | 11,536 | $174.0K | 0.00% | +11,536 | New |
| Quantinno Capital Management LP | 11,829 | $178.4K | 0.00% | +11,829 | New |
| BNP Paribas Arbitrage, SA | 12,124 | $182.8K | 0.00% | −8,613−41.5% | Reduced |
| Versor Investments LP | 12,200 | $184.0K | 0.03% | +12,200 | New |
| Truist Financial Corp | 12,313 | $185.7K | 0.00% | +12,313 | New |
| KLP Kapitalforvaltning AS | 12,500 | $188.5K | 0.00% | −3,900−23.8% | Reduced |
| Dark Forest Capital Management LP | 13,386 | $201.9K | 0.01% | −53,932−80.1% | Reduced |
| Twinbeech Capital LP | 13,589 | $204.9K | 0.01% | +13,589 | New |
| Moors & Cabot, Inc. | 13,600 | $205.1K | 0.01% | +13,600 | New |
| Police & Firemen's Retirement System of New Jersey | 13,751 | $207.4K | 0.00% | +2,461+21.8% | Added |
| Fiduciary Trust Co | 13,889 | $209.4K | 0.00% | +2,092+17.7% | Added |
| Entropy Technologies, LP | 13,962 | $210.5K | 0.01% | +13,962 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 14,160 | $213.5K | 0.00% | +4,353+44.4% | Added |
| Arizona State Retirement System | 15,295 | $230.6K | 0.00% | +1,777+13.1% | Added |
| AQR Capital Management LLC | 15,894 | $239.7K | 0.00% | +15,894 | New |
| Intech Investment Management LLC | 16,041 | $241.9K | 0.00% | +1,606+11.1% | Added |
| Oxford Asset Management LLP | 16,504 | $248.9K | 0.09% | +16,504 | New |
| SG Americas Securities, LLC | 16,781 | $253.0K | 0.00% | −22,439−57.2% | Reduced |
| Janus Henderson Group PLC | 16,969 | $255.9K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 17,990 | $271.3K | 0.01% | +13,020+262.0% | Added |
| Capital Management Associates, Inc | 18,217 | $274.7K | 0.06% | +5,194+39.9% | Added |
| Atria Investments LLC | 18,521 | $279.3K | 0.00% | −62−0.3% | Reduced |
| Blueshift Asset Management, LLC | 19,229 | $290.0K | 0.08% | −57,032−74.8% | Reduced |
| PharVision Advisers, LLC | 20,028 | $302.0K | 0.15% | +20,028 | New |
| The PNC Financial Services Group, Inc. | 23,450 | $353.6K | 0.00% | +434+1.9% | Added |
| Verition Fund Management LLC | 23,498 | $354.4K | 0.00% | −17,333−42.5% | Reduced |
| Boston Partners | 23,790 | $358.8K | 0.00% | +23,790 | New |
| Diversified Trust Co | 24,500 | $369.5K | 0.01% | +2,700+12.4% | Added |
| Rocky Mountain Advisers, LLC | 24,837 | $374.5K | 0.11% | −1,183−4.5% | Reduced |
| Quent Capital, LLC | 25,000 | $377.0K | 0.03% | +25,000 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 25,577 | $385.7K | 0.00% | +4,484+21.3% | Added |
| 71 West Capital Partners | 26,130 | $394.0K | 0.02% | +26,130 | New |
| Prelude Capital Management, LLC | 27,521 | $415.0K | 0.03% | −13,945−33.6% | Reduced |
| Commerce Bank | 29,868 | $450.4K | 0.00% | +4,608+18.2% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 29,931 | $451.4K | 0.00% | +13,861+86.3% | Added |
| White Pine Capital LLC | 29,989 | $452.2K | 0.12% | +4,633+18.3% | Added |
| Price T Rowe Associates Inc | 30,254 | $457.0K | 0.00% | +5,925+24.4% | Added |
| Bessemer Group Inc | 32,080 | $484.0K | 0.00% | −1,529−4.5% | Reduced |