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 |
|---|---|---|---|---|---|
| GW&K Investment Management, LLC | 2,032,631 | $30.7M | 0.27% | +311,938+18.1% | Added |
| Gilder Gagnon Howe & Co LLC | 2,081,672 | $31.4M | 0.33% | −64,137−3.0% | Reduced |
| Woodline Partners LP | 2,137,899 | $32.2M | 0.12% | +838,783+64.6% | Added |
| Dimensional Fund Advisors LP | 2,576,182 | $38.8M | 0.01% | +133,402+5.5% | Added |
| Neuberger Berman Group LLC | 3,109,660 | $46.9M | 0.03% | +1,579,364+103.2% | Added |
| Vanguard Group Inc | 3,320,929 | $50.1M | 0.00% | +432,634+15.0% | Added |
| BlackRock, Inc. | 3,728,708 | $56.2M | 0.00% | +608,508+19.5% | Added |
| FMR LLC | 5,399,098 | $81.4M | 0.00% | +2,854,997+112.2% | Added |
| Advent International Corp | 0 | $0 | 0.00% | −5,289,784−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −813,051−100.0% | Sold out |
| WCM Investment Management, LLC | 0 | $0 | 0.00% | −736,665−100.0% | Sold out |
| Maverick Capital LtdSuperinvestorMaverick Capital | 0 | $0 | 0.00% | −514,259−100.0% | Sold out |
| Jain Global LLC | 0 | $0 | 0.00% | −370,274−100.0% | Sold out |
| Hudson Bay Capital Management LP | 0 | $0 | 0.00% | −315,597−100.0% | Sold out |
| Ghisallo Capital Management LLC | 0 | $0 | 0.00% | −160,893−100.0% | Sold out |
| B. Metzler seel. Sohn & Co. AG | 0 | $0 | 0.00% | −105,917−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −99,624−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −84,540−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −27,000−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −22,637−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −17,705−100.0% | Sold out |
| Bailard, Inc. | 0 | $0 | 0.00% | −12,800−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −12,671−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −12,085−100.0% | Sold out |
| Highline Wealth Partners LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −300−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −247−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −33−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −8−100.0% | Sold out |