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, Q1 2026
Institutional positions in First Watch Restaurant Group, Inc. as of Mar 31, 2026. 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
- 210
- +6 vs. Q4 2025
- Shares held
- 67.6M
- +569.1K (+0.8%) vs. Q4 2025
- Total value
- $709.0M
- −$302.4M (−29.9%) vs. Q4 2025
- New holders
- 51
- 79 more added
- Sold out
- 45
- 61 more reduced
4 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding First Watch Restaurant Group, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wells Fargo & Company | 41,767 | $437.7K | 0.00% | −220,465−84.1% | Reduced |
| Price T Rowe Associates Inc | 42,518 | $446.0K | 0.00% | +12,264+40.5% | Added |
| JPMorgan Chase & Co | 44,146 | $446.3K | 0.00% | −1,838,525−97.7% | Reduced |
| Citigroup Inc | 43,498 | $455.9K | 0.00% | +36,538+525.0% | Added |
| Vancity Investment Management Ltd | 43,542 | $456.0K | 0.07% | −576−1.3% | Reduced |
| Freestone Grove Partners LP | 43,907 | $460.1K | 0.00% | +43,907 | New |
| Mangrove Partners | 45,829 | $480.3K | 0.04% | +45,829 | New |
| Legal & General Group Plc | 48,218 | $505.3K | 0.00% | −1,381−2.8% | Reduced |
| Royal Bank of Canada | 48,381 | $506.0K | 0.00% | +12,598+35.2% | Added |
| NBC Securities, Inc. | 50,162 | $525.7K | 0.04% | +8,701+21.0% | Added |
| White Pine Capital LLC | 50,685 | $531.2K | 0.14% | +20,696+69.0% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 51,566 | $540.4K | 0.00% | +11,159+27.6% | Added |
| Man Group plc | 52,687 | $552.2K | 0.00% | −71,340−57.5% | Reduced |
| Deutsche Bank AG | 55,581 | $582.5K | 0.00% | +10,473+23.2% | Added |
| Sterling Capital Management LLC | 57,719 | $604.9K | 0.01% | −47,685−45.2% | Reduced |
| Jones Financial Companies LLLP | 58,742 | $605.6K | 0.00% | +57,812+6,216.3% | Added |
| Natixis Advisors, L.P. | 61,560 | $645.0K | 0.00% | +11,783+23.7% | Added |
| CIBC World Markets Inc. | 62,000 | $649.8K | 0.00% | +62,000 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 62,393 | $653.9K | 0.00% | +32,462+108.5% | Added |
| Lighthouse Investment Partners, LLC | 62,674 | $656.8K | 0.02% | +62,674 | New |
| Rhumbline Advisers | 63,591 | $666.4K | 0.00% | +4,932+8.4% | Added |
| Alliancebernstein L.P. | 49,360 | $744.3K | 0.00% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 71,413 | $748.4K | 0.01% | −2,083−2.8% | Reduced |
| Accurate Wealth Management, LLC | 65,702 | $754.3K | 0.09% | +6,482+10.9% | Added |
| Victory Capital Management Inc | 75,000 | $786.0K | 0.00% | +18,000+31.6% | Added |
| UBS Asset Management Americas Inc | 76,303 | $799.7K | 0.00% | +2,104+2.8% | Added |
| Tudor Investment Corp Et Al | 76,928 | $806.2K | 0.00% | +76,928 | New |
| California State Teachers Retirement System | 77,373 | $810.9K | 0.00% | +31,281+67.9% | Added |
| Diametric Capital, LP | 78,262 | $820.2K | 0.21% | −29,658−27.5% | Reduced |
| Nuveen, LLC | 79,938 | $837.8K | 0.00% | +5,458+7.3% | Added |
| Moody National Bank Trust Division | 81,579 | $854.9K | 0.08% | −20,393−20.0% | Reduced |
| VARCOV Co. | 83,750 | $877.7K | 0.33% | +8,968+12.0% | Added |
| XTX Topco Ltd | 87,418 | $916.1K | 0.02% | +10,756+14.0% | Added |
| American Century Companies Inc | 93,535 | $980.2K | 0.00% | −4,881−5.0% | Reduced |
| Numerai GP LLC | 94,218 | $987.4K | 0.10% | +94,218 | New |
| AQR Capital Management LLC | 98,166 | $1.03M | 0.00% | +82,272+517.6% | Added |
| Boston Partners | 106,570 | $1.12M | 0.00% | +82,780+348.0% | Added |
| Dynamic Technology Lab Private Ltd | 108,094 | $1.13M | 0.19% | +96,780+855.4% | Added |
| Swiss National Bank | 108,300 | $1.13M | 0.00% | 00.0% | Unchanged |
| Oppenheimer Asset Management Inc. | 116,835 | $1.22M | 0.01% | +69,963+149.3% | Added |
| LPL Financial LLC | 118,628 | $1.24M | 0.00% | +23,090+24.2% | Added |
| Invesco Ltd. | 125,013 | $1.31M | 0.00% | +35,376+39.5% | Added |
| Landscape Capital Management, L.L.C. | 126,462 | $1.33M | 0.08% | +126,462 | New |
| CI Private Wealth, LLC | 138,866 | $1.46M | 0.00% | +138,866 | New |
| Rice Hall James & Associates, LLC | 139,855 | $1.47M | 0.08% | +5,256+3.9% | Added |
| Congress Asset Management Co | 140,997 | $1.48M | 0.01% | +140,997 | New |
| Ancora Advisors, LLC | 151,252 | $1.59M | 0.03% | −104,767−40.9% | Reduced |
| Hunter Associates Investment Management LLC | 151,970 | $1.60M | 0.21% | +151,970 | New |
| Access Investment Management LLC | 161,210 | $1.69M | 0.45% | +161,210 | New |
| Empowered Funds, LLC | 166,559 | $1.75M | 0.01% | +166,559 | New |
| First Dallas Securities Inc. | 166,750 | $1.75M | 0.65% | +127,750+327.6% | Added |
| 1492 Capital Management LLC | 172,938 | $1.81M | 0.69% | +172,938 | New |
| Quantinno Capital Management LP | 183,171 | $1.92M | 0.00% | +171,342+1,448.5% | Added |
| Squarepoint Ops LLC | 188,493 | $1.98M | 0.00% | −276,408−59.5% | Reduced |
| Envestnet Asset Management Inc | 191,381 | $2.01M | 0.00% | +99,028+107.2% | Added |
| Raymond James Financial Inc | 218,313 | $2.29M | 0.00% | +135,780+164.5% | Added |
| Brown Advisory Inc | 248,630 | $2.61M | 0.00% | +20,170+8.8% | Added |
| Avory & Company, LLC | 254,147 | $2.66M | 3.45% | −80,062−24.0% | Reduced |
| Balyasny Asset Management LLC | 280,977 | $2.94M | 0.01% | +280,977 | New |
| Royce & Associates LP | 295,168 | $3.09M | 0.03% | +162,168+121.9% | Added |
| Kornitzer Capital Management Inc | 310,837 | $3.26M | 0.07% | +1,450+0.5% | Added |
| Loomis Sayles & Co L P | 311,740 | $3.27M | 0.00% | −1,546,072−83.2% | Reduced |
| Kennedy Capital Management, Inc. | 317,253 | $3.32M | 0.07% | +317,253 | New |
| Vanguard Fiduciary Trust Co | 336,993 | $3.53M | 0.00% | +336,993 | New |
| First Trust Advisors LP | 346,201 | $3.63M | 0.00% | +131,385+61.2% | Added |
| Franklin Resources Inc | 348,423 | $3.65M | 0.00% | −699,016−66.7% | Reduced |
| Mutual of America Capital Management LLC | 382,295 | $4.01M | 0.05% | −1,665−0.4% | Reduced |
| Nomura Holdings Inc | 382,662 | $4.01M | 0.03% | +382,662 | New |
| Charles Schwab Investment Management Inc | 409,803 | $4.29M | 0.00% | −1,951−0.5% | Reduced |
| Goldman Sachs Group Inc | 409,919 | $4.30M | 0.00% | −671,136−62.1% | Reduced |
| Clearbridge Investments, LLC | 422,510 | $4.43M | 0.00% | −17,172−3.9% | Reduced |
| Wasatch Advisors Inc | 441,416 | $4.63M | 0.03% | −10,452−2.3% | Reduced |
| SEI Investments Co | 464,782 | $4.87M | 0.00% | +226,089+94.7% | Added |
| Citadel Advisors LLC | 488,415 | $5.12M | 0.00% | −443,313−47.6% | Reduced |
| Qube Research & Technologies Ltd | 488,790 | $5.12M | 0.01% | +54,878+12.6% | Added |
| Northern Trust Corp | 492,997 | $5.17M | 0.00% | +4,018+0.8% | Added |
| ArrowMark Colorado Holdings LLC | 497,181 | $5.21M | 0.14% | −91,384−15.5% | Reduced |
| Federated Hermes, Inc. | 524,032 | $5.49M | 0.01% | −387,968−42.5% | Reduced |
| Vanguard Portfolio Management LLC | 552,022 | $5.79M | 0.00% | +552,022 | New |
| Emerald Mutual Fund Advisers Trust | 569,418 | $5.97M | 0.29% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 616,189 | $6.46M | 0.01% | +577,154+1,478.6% | Added |
| Russell Investments Group, Ltd. | 652,508 | $6.84M | 0.01% | −36,207−5.3% | Reduced |
| New York State Common Retirement Fund | 706,138 | $7.40M | 0.01% | 00.0% | Unchanged |
| Gilder Gagnon Howe & Co LLC | 741,126 | $7.77M | 0.09% | −1,340,546−64.4% | Reduced |
| Champlain Investment Partners, LLC | 764,931 | $8.02M | 0.10% | −372,949−32.8% | Reduced |
| Paralel Advisors LLC | 900,000 | $9.43M | 0.39% | 00.0% | Unchanged |
| Emerald Advisers, LLC | 947,110 | $9.93M | 0.31% | −31,298−3.2% | Reduced |
| UBS Group AG | 954,074 | $10.0M | 0.00% | +44,824+4.9% | Added |
| Fred Alger Management, LLC | 956,960 | $10.0M | 0.04% | −79,600−7.7% | Reduced |
| Silvercrest Asset Management Group LLC | 1,048,694 | $11.0M | 0.08% | −132,900−11.2% | Reduced |
| Bank of America Corp | 1,052,426 | $11.0M | 0.00% | +456,976+76.7% | Added |
| Granahan Investment Management Inc | 1,088,037 | $11.4M | 0.55% | −363,200−25.0% | Reduced |
| Penn Capital Management Co Inc | 1,141,157 | $12.0M | 0.93% | +9,605+0.8% | Added |
| State Street Corp | 1,193,349 | $12.5M | 0.00% | +100,463+9.2% | Added |
| Geode Capital Management, LLC | 1,305,552 | $13.7M | 0.00% | +103,092+8.6% | Added |
| BWCP, LP | 1,358,073 | $14.2M | 2.17% | +1,358,073 | New |
| Morgan Stanley | 1,460,034 | $15.3M | 0.00% | +929,344+175.1% | Added |
| Hodges Capital Management Inc. | 1,481,777 | $15.5M | 1.29% | +788,436+113.7% | Added |
| Stephens Investment Management Group LLC | 1,659,799 | $17.4M | 0.24% | +292,748+21.4% | Added |
| Lazard Asset Management LLC | 1,780,839 | $18.7M | 0.03% | +154,018+9.5% | Added |