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 |
|---|---|---|---|---|---|
| NBC Securities, Inc. | 50,162 | $525.7K | 0.04% | +8,701+21.0% | Added |
| Royal Bank of Canada | 48,381 | $506.0K | 0.00% | +12,598+35.2% | Added |
| Legal & General Group Plc | 48,218 | $505.3K | 0.00% | −1,381−2.8% | Reduced |
| Mangrove Partners | 45,829 | $480.3K | 0.04% | +45,829 | New |
| Freestone Grove Partners LP | 43,907 | $460.1K | 0.00% | +43,907 | New |
| Vancity Investment Management Ltd | 43,542 | $456.0K | 0.07% | −576−1.3% | Reduced |
| Citigroup Inc | 43,498 | $455.9K | 0.00% | +36,538+525.0% | Added |
| JPMorgan Chase & Co | 44,146 | $446.3K | 0.00% | −1,838,525−97.7% | Reduced |
| Price T Rowe Associates Inc | 42,518 | $446.0K | 0.00% | +12,264+40.5% | Added |
| Wells Fargo & Company | 41,767 | $437.7K | 0.00% | −220,465−84.1% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 40,847 | $428.1K | 0.01% | +40,847 | New |
| Cerity Partners LLC | 40,577 | $425.2K | 0.00% | −5,216−11.4% | Reduced |
| ExodusPoint Capital Management, LP | 40,016 | $419.4K | 0.00% | −250,775−86.2% | Reduced |
| State of Wisconsin Investment Board | 38,125 | $399.6K | 0.00% | +38,125 | New |
| Vanguard Asset Management, Ltd | 37,885 | $397.0K | 0.00% | +37,885 | New |
| Canada Pension Plan Investment Board | 37,800 | $396.1K | 0.00% | −1,900−4.8% | Reduced |
| Creative Planning | 36,992 | $387.7K | 0.00% | +36,992 | New |
| Magnetar Financial LLC | 35,119 | $368.0K | 0.00% | −2,490−6.6% | Reduced |
| MetLife Investment Management | 32,203 | $337.5K | 0.00% | −1,037,752−97.0% | Reduced |
| Boothbay Fund Management, LLC | 31,852 | $333.8K | 0.01% | +31,852 | New |
| Commerce Bank | 29,279 | $306.8K | 0.00% | −589−2.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 28,134 | $294.8K | 0.00% | +2,557+10.0% | Added |
| Virtu Financial LLC | 27,982 | $293.0K | 0.01% | +27,982 | New |
| Atria Investments LLC | 27,561 | $288.8K | 0.00% | +9,040+48.8% | Added |
| 71 West Capital Partners | 26,130 | $273.8K | 0.01% | 00.0% | Unchanged |
| Diversified Trust Co | 25,654 | $268.9K | 0.00% | +1,154+4.7% | Added |
| Engineers Gate Manager LP | 25,150 | $263.6K | 0.00% | −9,680−27.8% | Reduced |
| Glenmede Trust Co NA | 25,130 | $263.4K | 0.00% | +25,130 | New |
| Quent Capital, LLC | 25,000 | $262.0K | 0.02% | 00.0% | Unchanged |
| Oxford Asset Management LLP | 23,812 | $249.6K | 0.10% | +7,308+44.3% | Added |
| Barclays PLC | 23,682 | $248.2K | 0.00% | −62,234−72.4% | Reduced |
| The PNC Financial Services Group, Inc. | 23,479 | $246.1K | 0.00% | +29+0.1% | Added |
| Rocky Mountain Advisers, LLC | 21,237 | $222.6K | 0.06% | −3,600−14.5% | Reduced |
| Axq Capital, LP | 21,048 | $220.6K | 0.03% | +21,048 | New |
| Prelude Capital Management, LLC | 20,442 | $214.2K | 0.02% | −7,079−25.7% | Reduced |
| Brevan Howard Capital Management LP | 20,209 | $211.8K | 0.00% | −46,568−69.7% | Reduced |
| Harbor Capital Advisors, Inc. | 18,673 | $196.0K | 0.02% | +9,337+100.0% | Added |
| Vanguard Global Advisers, LLC | 18,120 | $189.9K | 0.00% | +18,120 | New |
| Blueshift Asset Management, LLC | 17,488 | $183.3K | 0.06% | −1,741−9.1% | Reduced |
| Polymer Capital Management (US) LLC | 17,149 | $179.7K | 0.03% | +17,149 | New |
| Janus Henderson Group PLC | 16,969 | $177.7K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 16,797 | $176.0K | 0.00% | +3,046+22.2% | Added |
| Marshall Wace, LLP | 15,398 | $161.4K | 0.00% | −512,294−97.1% | Reduced |
| Wealth Alliance | 15,187 | $159.2K | 0.02% | +15,187 | New |
| Arizona State Retirement System | 15,087 | $158.1K | 0.00% | −208−1.4% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 14,160 | $148.4K | 0.00% | 00.0% | Unchanged |
| Scientech Research LLC | 14,160 | $148.4K | 0.12% | +14,160 | New |
| Fiduciary Trust Co | 13,889 | $145.6K | 0.00% | 00.0% | Unchanged |
| Mirabella Financial Services LLP | 13,739 | $144.0K | 0.01% | +13,739 | New |
| Fifth Third Bancorp | 13,618 | $142.7K | 0.00% | +11,922+702.9% | Added |
| Sanctuary Advisors, LLC | 13,462 | $141.1K | 0.00% | +2,714+25.3% | Added |
| Gsa Capital Partners LLP | 13,419 | $141.0K | 0.01% | +13,419 | New |
| BNP Paribas Arbitrage, SA | 13,377 | $140.2K | 0.00% | +1,253+10.3% | Added |
| Two Sigma Investments, LP | 13,200 | $138.3K | 0.00% | −72,890−84.7% | Reduced |
| Graham Capital Management, L.P. | 13,037 | $136.6K | 0.00% | +13,037 | New |
| Vanguard Investments Australia, Ltd. | 12,657 | $132.6K | 0.00% | +12,657 | New |
| KLP Kapitalforvaltning AS | 12,500 | $131.0K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 12,204 | $127.9K | 0.00% | −3,837−23.9% | Reduced |
| Insight Advisors, LLC | 11,450 | $120.0K | 0.02% | +11,450 | New |
| Armistice Capital, LLC | 11,234 | $117.7K | 0.00% | +11,234 | New |
| DRW Securities, LLC | 10,854 | $113.7K | 0.01% | +10,854 | New |
| HighTower Advisors, LLC | 10,684 | $112.0K | 0.00% | +10,684 | New |
| Capstone Financial Advisors, Inc. | 10,500 | $110.0K | 0.01% | +10,500 | New |
| SG Americas Securities, LLC | 10,172 | $107.0K | 0.00% | −6,609−39.4% | Reduced |
| LVW Advisors, LLC | 10,154 | $106.4K | 0.01% | −317−3.0% | Reduced |
| Cetera Investment Advisers | 10,045 | $105.3K | 0.00% | +10,045 | New |
| Bessemer Group Inc | 9,280 | $97.0K | 0.00% | −22,800−71.1% | Reduced |
| Quadrant Capital Group LLC | 7,178 | $75.2K | 0.00% | +6,636+1,224.4% | Added |
| Parkside Financial Bank & Trust | 6,084 | $63.8K | 0.00% | +6,049+17,282.9% | Added |
| Simplex Trading, LLC | 5,602 | $58.7K | 0.00% | +5,602 | New |
| Tower Research Capital LLC (TRC) | 5,482 | $57.5K | 0.00% | +3,898+246.1% | Added |
| CWM, LLC | 5,157 | $54.0K | 0.00% | +4,124+399.2% | Added |
| Ameritas Investment Partners, Inc. | 4,467 | $46.8K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 3,910 | $41.0K | 0.00% | −243−5.9% | Reduced |
| Assetmark, Inc | 3,545 | $37.2K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 2,790 | $29.2K | 0.00% | +2,222+391.2% | Added |
| Larson Financial Group LLC | 2,495 | $26.1K | 0.00% | +2,495 | New |
| Advisory Services Network, LLC | 2,385 | $25.0K | 0.00% | +2,385 | New |
| Advisor Group Holdings, Inc. | 1,603 | $16.8K | 0.00% | +125+8.5% | Added |
| 1620 Investment Advisors, Inc. | 1,302 | $13.6K | 0.01% | −3,145−70.7% | Reduced |
| Sunbelt Securities, Inc. | 1,301 | $13.6K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 1,176 | $12.9K | 0.00% | +1,066+969.1% | Added |
| Caldwell Trust Co | 1,200 | $12.6K | 0.00% | 00.0% | Unchanged |
| Park Place Capital Corp | 1,097 | $11.5K | 0.00% | +1,097 | New |
| US Bancorp | 1,096 | $11.5K | 0.00% | −1,099−50.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 714 | $7.48K | 0.00% | +212+42.2% | Added |
| Essential Partners LLC | 714 | $7.48K | 0.00% | +693+3,300.0% | Added |
| International Assets Investment Management, LLC | 609 | $6.66K | 0.00% | +103+20.4% | Added |
| Optiver Holding B.V. | 540 | $5.66K | 0.00% | +166+44.4% | Added |
| Allworth Financial LP | 523 | $5.48K | 0.00% | +521+26,050.0% | Added |
| Huntington National Bank | 450 | $4.71K | 0.00% | −1−0.2% | Reduced |
| SRS Capital Advisors, Inc. | 371 | $3.89K | 0.00% | +75+25.3% | Added |
| Nisa Investment Advisors, LLC | 369 | $3.87K | 0.00% | −479−56.5% | Reduced |
| Private Trust Co NA | 347 | $3.64K | 0.00% | +66+23.5% | Added |
| Meramec Financial Planners, LLC | 274 | $3.52K | 0.00% | +274 | New |
| Fourth Dimension Wealth, LLC | 200 | $2.10K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 195 | $2.04K | 0.00% | 00.0% | Unchanged |
| Rossby Financial, LCC | 168 | $1.84K | 0.00% | +168 | New |
| Smartleaf Asset Management LLC | 104 | $1.05K | 0.00% | +23+28.4% | Added |
| SJS Investment Consulting Inc. | 98 | $1.03K | 0.00% | +32+48.5% | Added |