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 |
|---|---|---|---|---|---|
| Jane Street Group, LLC | 40,602 | $612.3K | 0.00% | −32,277−44.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 40,407 | $609.3K | 0.00% | +3,778+10.3% | Added |
| Canada Pension Plan Investment Board | 39,700 | $598.7K | 0.00% | +24,400+159.5% | Added |
| Susquehanna International Group, LLP | 39,035 | $588.6K | 0.00% | −44,941−53.5% | Reduced |
| First Dallas Securities Inc. | 39,000 | $588.1K | 0.22% | +39,000 | New |
| Magnetar Financial LLC | 37,609 | $567.1K | 0.01% | +18,730+99.2% | Added |
| Royal Bank of Canada | 35,783 | $540.0K | 0.00% | −57,936−61.8% | Reduced |
| Engineers Gate Manager LP | 34,830 | $525.2K | 0.01% | +23,005+194.5% | Added |
| Bessemer Group Inc | 32,080 | $484.0K | 0.00% | −1,529−4.5% | Reduced |
| Price T Rowe Associates Inc | 30,254 | $457.0K | 0.00% | +5,925+24.4% | Added |
| White Pine Capital LLC | 29,989 | $452.2K | 0.12% | +4,633+18.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 29,931 | $451.4K | 0.00% | +13,861+86.3% | Added |
| Commerce Bank | 29,868 | $450.4K | 0.00% | +4,608+18.2% | Added |
| Prelude Capital Management, LLC | 27,521 | $415.0K | 0.03% | −13,945−33.6% | Reduced |
| 71 West Capital Partners | 26,130 | $394.0K | 0.02% | +26,130 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 25,577 | $385.7K | 0.00% | +4,484+21.3% | Added |
| Quent Capital, LLC | 25,000 | $377.0K | 0.03% | +25,000 | New |
| Rocky Mountain Advisers, LLC | 24,837 | $374.5K | 0.11% | −1,183−4.5% | Reduced |
| Diversified Trust Co | 24,500 | $369.5K | 0.01% | +2,700+12.4% | Added |
| Boston Partners | 23,790 | $358.8K | 0.00% | +23,790 | New |
| Verition Fund Management LLC | 23,498 | $354.4K | 0.00% | −17,333−42.5% | Reduced |
| The PNC Financial Services Group, Inc. | 23,450 | $353.6K | 0.00% | +434+1.9% | Added |
| PharVision Advisers, LLC | 20,028 | $302.0K | 0.15% | +20,028 | New |
| Blueshift Asset Management, LLC | 19,229 | $290.0K | 0.08% | −57,032−74.8% | Reduced |
| Atria Investments LLC | 18,521 | $279.3K | 0.00% | −62−0.3% | Reduced |
| Capital Management Associates, Inc | 18,217 | $274.7K | 0.06% | +5,194+39.9% | Added |
| Aquatic Capital Management LLC | 17,990 | $271.3K | 0.01% | +13,020+262.0% | Added |
| Janus Henderson Group PLC | 16,969 | $255.9K | 0.00% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 16,781 | $253.0K | 0.00% | −22,439−57.2% | Reduced |
| Oxford Asset Management LLP | 16,504 | $248.9K | 0.09% | +16,504 | New |
| Intech Investment Management LLC | 16,041 | $241.9K | 0.00% | +1,606+11.1% | Added |
| AQR Capital Management LLC | 15,894 | $239.7K | 0.00% | +15,894 | New |
| Arizona State Retirement System | 15,295 | $230.6K | 0.00% | +1,777+13.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 14,160 | $213.5K | 0.00% | +4,353+44.4% | Added |
| Entropy Technologies, LP | 13,962 | $210.5K | 0.01% | +13,962 | New |
| Fiduciary Trust Co | 13,889 | $209.4K | 0.00% | +2,092+17.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 13,751 | $207.4K | 0.00% | +2,461+21.8% | Added |
| Moors & Cabot, Inc. | 13,600 | $205.1K | 0.01% | +13,600 | New |
| Twinbeech Capital LP | 13,589 | $204.9K | 0.01% | +13,589 | New |
| Dark Forest Capital Management LP | 13,386 | $201.9K | 0.01% | −53,932−80.1% | Reduced |
| KLP Kapitalforvaltning AS | 12,500 | $188.5K | 0.00% | −3,900−23.8% | Reduced |
| Truist Financial Corp | 12,313 | $185.7K | 0.00% | +12,313 | New |
| Versor Investments LP | 12,200 | $184.0K | 0.03% | +12,200 | New |
| BNP Paribas Arbitrage, SA | 12,124 | $182.8K | 0.00% | −8,613−41.5% | Reduced |
| Quantinno Capital Management LP | 11,829 | $178.4K | 0.00% | +11,829 | New |
| Stephens Inc | 11,536 | $174.0K | 0.00% | +11,536 | New |
| Dynamic Technology Lab Private Ltd | 11,314 | $171.0K | 0.04% | −25,386−69.2% | Reduced |
| Kings Path Partners LLC | 10,825 | $163.2K | 0.06% | +10,825 | New |
| Sanctuary Advisors, LLC | 10,748 | $162.1K | 0.00% | +10,748 | New |
| LVW Advisors, LLC | 10,471 | $157.9K | 0.02% | 00.0% | Unchanged |
| ProShare Advisors LLC | 10,018 | $151.1K | 0.00% | −5,504−35.5% | Reduced |
| Harbor Capital Advisors, Inc. | 9,336 | $141.0K | 0.01% | −79−0.8% | Reduced |
| AdvisorShares Investments LLC | 7,516 | $113.3K | 0.02% | +7,516 | New |
| Kestra Advisory Services, LLC | 7,371 | $111.2K | 0.00% | +7,371 | New |
| Citigroup Inc | 6,960 | $105.0K | 0.00% | −11,154−61.6% | Reduced |
| Comerica Bank | 6,385 | $96.3K | 0.00% | −2,192−25.6% | Reduced |
| Ameritas Investment Partners, Inc. | 4,467 | $67.4K | 0.00% | +582+15.0% | Added |
| 1620 Investment Advisors, Inc. | 4,447 | $67.1K | 0.04% | +588+15.2% | Added |
| Kemnay Advisory Services Inc. | 4,353 | $65.6K | 0.01% | +4,353 | New |
| State of Wyoming | 4,243 | $64.0K | 0.01% | +4,243 | New |
| Rockefeller Capital Management L.P. | 4,153 | $62.6K | 0.00% | +4,153 | New |
| Assetmark, Inc | 3,545 | $53.5K | 0.00% | +585+19.8% | Added |
| US Bancorp | 2,195 | $33.1K | 0.00% | −2,728−55.4% | Reduced |
| Amalgamated Bank | 1,729 | $26.0K | 0.00% | +405+30.6% | Added |
| Fifth Third Bancorp | 1,696 | $25.6K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 1,584 | $23.9K | 0.00% | −2,175−57.9% | Reduced |
| Quarry LP | 1,529 | $23.1K | 0.00% | +545+55.4% | Added |
| Advisor Group Holdings, Inc. | 1,478 | $22.3K | 0.00% | −773−34.3% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,395 | $21.0K | 0.00% | +1,395 | New |
| Sunbelt Securities, Inc. | 1,301 | $19.6K | 0.00% | −441−25.3% | Reduced |
| Caitong International Asset Management Co., Ltd | 1,268 | $19.1K | 0.00% | +1,268 | New |
| Caldwell Trust Co | 1,200 | $18.1K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,033 | $16.0K | 0.00% | +716+225.9% | Added |
| Jones Financial Companies LLLP | 930 | $14.0K | 0.00% | −920−49.7% | Reduced |
| Nisa Investment Advisors, LLC | 848 | $12.8K | 0.00% | +450+113.1% | Added |
| HM Payson & Co | 662 | $9.98K | 0.00% | +662 | New |
| Versant Capital Management, Inc | 568 | $8.56K | 0.00% | +568 | New |
| Quadrant Capital Group LLC | 542 | $8.17K | 0.00% | −10−1.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 502 | $8.00K | 0.00% | +200+66.2% | Added |
| International Assets Investment Management, LLC | 506 | $7.63K | 0.00% | +506 | New |
| GAMMA Investing LLC | 462 | $6.97K | 0.00% | +238+106.3% | Added |
| Huntington National Bank | 451 | $6.80K | 0.00% | −6−1.3% | Reduced |
| Optiver Holding B.V. | 374 | $5.64K | 0.00% | +116+45.0% | Added |
| Aster Capital Management (DIFC) Ltd | 302 | $4.55K | 0.00% | +302 | New |
| SRS Capital Advisors, Inc. | 296 | $4.46K | 0.00% | +170+134.9% | Added |
| Private Trust Co NA | 281 | $4.24K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 195 | $3.22K | 0.00% | +195 | New |
| CIBC Private Wealth Group, LLC | 213 | $3.21K | 0.00% | +213 | New |
| Fourth Dimension Wealth, LLC | 200 | $3.02K | 0.00% | 00.0% | Unchanged |
| Rachor Investment Advisory Services, LLC | 164 | $2.47K | 0.00% | +164 | New |
| Global Retirement Partners, LLC | 157 | $2.37K | 0.00% | +21+15.4% | Added |
| EverSource Wealth Advisors, LLC | 144 | $2.17K | 0.00% | +45+45.5% | Added |
| Farther Finance Advisors, LLC | 110 | $1.66K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 81 | $1.22K | 0.00% | +11+15.7% | Added |
| Rothschild Investment LLC | 80 | $1.21K | 0.00% | +10+14.3% | Added |
| Steward Partners Investment Advisory, LLC | 77 | $1.16K | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 72 | $1.09K | 0.00% | −31−30.1% | Reduced |
| SJS Investment Consulting Inc. | 66 | $996 | 0.00% | +66 | New |
| Torren Management, LLC | 37 | $558 | 0.00% | +37 | New |
| Parkside Financial Bank & Trust | 35 | $528 | 0.00% | +35 | New |