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Livermore
Livermore
ZHEN

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.

Institutional holdersQ1 2026: 210 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 70 institutionsQ1 2022: 71 institutionsQ2 2022: 72 institutionsQ3 2022: 100 institutionsQ4 2022: 106 institutionsQ1 2023: 100 institutionsQ2 2023: 114 institutionsQ3 2023: 125 institutionsQ4 2023: 120 institutionsQ1 2024: 146 institutionsQ2 2024: 137 institutionsQ3 2024: 135 institutionsQ4 2024: 154 institutionsQ1 2025: 157 institutionsQ2 2025: 166 institutionsQ3 2025: 184 institutionsQ4 2025: 208 institutionsQ1 2026: 210 institutionsQ2 2026: 206 institutions
Value heldQ1 2026: $709.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $963.2MQ1 2022: $737.3MQ2 2022: $813.4MQ3 2022: $826.2MQ4 2022: $768.5MQ1 2023: $913.7MQ2 2023: $966.6MQ3 2023: $1.03BQ4 2023: $1.21BQ1 2024: $1.55BQ2 2024: $1.15BQ3 2024: $1.02BQ4 2024: $1.27BQ1 2025: $1.18BQ2 2025: $1.12BQ3 2025: $1.14BQ4 2025: $1.06BQ1 2026: $709.0MQ2 2026: $842.4M
Institutions holding FWRG and their total value by quarter
QuarterHoldersValue
Q2 2026206$842.4M
Q1 2026210$709.0M
Q4 2025208$1.06B
Q3 2025184$1.14B
Q2 2025166$1.12B
Q1 2025157$1.18B
Q4 2024154$1.27B
Q3 2024135$1.02B
Q2 2024137$1.15B
Q1 2024146$1.55B
Q4 2023120$1.21B
Q3 2023125$1.03B
Q2 2023114$966.6M
Q1 2023100$913.7M
Q4 2022106$768.5M
Q3 2022100$826.2M
Q2 202272$813.4M
Q1 202271$737.3M
Q4 202170$963.2M
Q3 20210$0
Q2 20210$0
Q1 20210$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.

Institutions holding FWRG in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Rachor Investment Advisory Services, LLC87$9120.00%−77−47.0%Reduced
WPG Advisers, LLC72$7550.00%00.0%Unchanged
Bayban33$3460.00%+33New
Rothschild Investment LLC23$2410.00%−57−71.3%Reduced
MAI Capital Management16$1680.00%+16New
IFP Advisors, Inc10$1050.00%−5−33.3%Reduced
EverSource Wealth Advisors, LLC2$210.00%−142−98.6%Reduced
National Bank of Canada1$100.00%−1−50.0%Reduced
Hughes Financial Services, LLC1$100.00%+1New
Covestor Ltd4$00.00%00.0%Unchanged
Woodline Partners LP0$00.00%−2,137,899−100.0%Sold out
12 West Capital Management LP0$00.00%−1,070,701−100.0%Sold out
Wellington Management Group LLP0$00.00%−1,069,506−100.0%Sold out
Loup Funds, LLC0$00.00%−576,166−100.0%Sold out
Manatuck Hill Partners, LLC0$00.00%−459,900−100.0%Sold out
Allspring Global Investments Holdings, LLC0$00.00%−340,456−100.0%Sold out
Ameriprise Financial Inc0$00.00%−242,776−100.0%Sold out
Ranger Investment Management, L.P.0$00.00%−176,250−100.0%Sold out
Wesbanco Bank Inc0$00.00%−79,699−100.0%Sold out
Lotus Technology Management, LP0$00.00%−75,725−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−74,400−100.0%Sold out
STRS Ohio0$00.00%−69,400−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−65,000−100.0%Sold out
Captrust Financial Advisors0$00.00%−60,377−100.0%Sold out
PEAK6 LLC0$00.00%−46,003−100.0%Sold out
Jane Street Group, LLC0$00.00%−40,602−100.0%Sold out
Verition Fund Management LLC0$00.00%−23,498−100.0%Sold out
PharVision Advisers, LLC0$00.00%−20,028−100.0%Sold out
Capital Management Associates, Inc0$00.00%−18,217−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−17,990−100.0%Sold out
Entropy Technologies, LP0$00.00%−13,962−100.0%Sold out
Moors & Cabot, Inc.0$00.00%−13,600−100.0%Sold out
Twinbeech Capital LP0$00.00%−13,589−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−13,386−100.0%Sold out
Truist Financial Corp0$00.00%−12,313−100.0%Sold out
Versor Investments LP0$00.00%−12,200−100.0%Sold out
Stephens Inc0$00.00%−11,536−100.0%Sold out
Kings Path Partners LLC0$00.00%−10,825−100.0%Sold out
ProShare Advisors LLC0$00.00%−10,018−100.0%Sold out
AdvisorShares Investments LLC0$00.00%−7,516−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−7,371−100.0%Sold out
Kemnay Advisory Services Inc.0$00.00%−4,353−100.0%Sold out
State of Wyoming0$00.00%−4,243−100.0%Sold out
Amalgamated Bank0$00.00%−1,729−100.0%Sold out
Quarry LP0$00.00%−1,529−100.0%Sold out
Pinnacle Wealth Planning Services, Inc.0$00.00%−1,395−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−1,268−100.0%Sold out
HM Payson & Co0$00.00%−662−100.0%Sold out
GAMMA Investing LLC0$00.00%−462−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−302−100.0%Sold out
Steward Partners Investment Advisory, LLC0$00.00%−77−100.0%Sold out
Torren Management, LLC0$00.00%−37−100.0%Sold out
True Wealth Design, LLC0$00.00%−30−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−1−100.0%Sold out
Fortitude Family Office, LLC0$00.00%−1−100.0%Sold out
Vanguard Group Inc––––Not filed
Comerica Bank––––Not filed
CIBC Private Wealth Group, LLC––––Not filed
Global Retirement Partners, LLC––––Not filed