First Watch Restaurant GroupFWRG
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 157 institutions reported holding First Watch Restaurant Group (FWRG) in their 13F filings, up 3 from Q4 2024. 24 opened new positions and 20 sold out. The largest holders were Advent International, L.P. ($319.5M), BlackRock, Inc. ($48.3M) and Vanguard Group Inc. ($39.9M). 3 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- First Watch Restaurant Group
- CUSIP
- 33748L101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 24 | $20.9M |
| Exits | 20 | $15.2M |
All 13F filers, Q4 2024 → Q1 2025: 7,762,900 shares bought and 4,562,459 shares sold, net +3,200,441 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 157 holders
| Advent International, L.P. | 10.11% | No change | 19,189,784 | $319.5M |
| BlackRock, Inc. | 0.00% | Add +12.1% | 2,903,500 | $48.3M |
| Vanguard Group Inc. | 0.00% | Add +2.0% | 2,398,180 | $39.9M |
| FMR LLC | 0.00% | Add +830.4% | 2,272,377 | $37.8M |
| Gilder Gagnon Howe & Co. LLC | 0.48% | Reduce -8.5% | 2,228,242 | $37.1M |
| JPMorgan Chase & Co. | 0.00% | Add +1.5% | 2,174,106 | $36.2M |
| Dimensional Fund Advisors LP | 0.01% | Add +10.3% | 2,123,098 | $35.4M |
| Champlain Investment Partners, LLC | 0.25% | Reduce -19.1% | 2,089,423 | $34.8M |
| Lazard Asset Management LLC | 0.06% | Reduce -4.3% | 2,011,411 | $33.5M |
| Foxhaven Asset Management, LP | 0.94% | Reduce -3.6% | 1,849,570 | $30.8M |
| GW&K Investment Management, LLC | 0.25% | Reduce -9.8% | 1,634,092 | $27.2M |
| Granahan Investment Management, LLC | 1.32% | Add +8.3% | 1,594,267 | $26.5M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +0.8% | 1,539,692 | $25.6M |
| 12 West Capital Management LP | 3.66% | Reduce -26.0% | 1,490,701 | $24.8M |
| Brown Advisory Inc. | 0.03% | Reduce -2.2% | 1,416,481 | $23.6M |
| Neuberger Berman Group LLC | 0.01% | Add +54.3% | 1,043,456 | $17.4M |
| Franklin Resources Inc. | 0.01% | Add +0.3% | 1,026,269 | $17.1M |
| Penn Capital Management Company, LLC | 1.64% | Add +37.4% | 1,010,755 | $16.9M |
| Geode Capital Management, LLC | 0.00% | Add +13.9% | 981,929 | $16.4M |
| WCM Investment Management, LLC | 0.04% | Add +0.1% | 948,432 | $16.0M |
| Federated Hermes, Inc. | 0.03% | Reduce -17.1% | 957,000 | $15.9M |
| Marshall Wace, LLP | 0.02% | Add +306.6% | 901,537 | $15.0M |
| Paralel Advisors LLC | 0.62% | No change | 900,000 | $15.0M |
| UBS Group AG | 0.00% | Reduce -5.1% | 840,330 | $14.0M |
| MetLife Investment Management, LLC | 0.07% | Add +3919.8% | 834,830 | $13.9M |
| Wellington Management Group LLP | 0.00% | Reduce -2.0% | 831,105 | $13.8M |
| State Street Corp. | 0.00% | Add +1.1% | 807,737 | $13.4M |
| Bank of America Corp. | 0.00% | Add +35.9% | 790,191 | $13.2M |
| Stephens Investment Management Group LLC | 0.17% | Add +2.2% | 708,663 | $11.8M |
| Deepwater Asset Management, LLC | 4.80% | Reduce -13.6% | 681,339 | $11.3M |
| Silvercrest Asset Management Group LLC | 0.07% | New | 628,114 | $10.5M |
| New York State Common Retirement Fund | 0.01% | Add +17.8% | 612,287 | $10.2M |
| Balyasny Asset Management L.P. | 0.03% | Add +29.9% | 608,389 | $10.1M |
| Clearbridge Investments, LLC | 0.01% | Reduce -18.0% | 560,978 | $9.3M |
| Allspring Global Investments Holdings, LLC | 0.02% | Reduce -5.7% | 543,863 | $9.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -1.7% | 488,322 | $8.1M |
| ArrowMark Colorado Holdings LLC | 0.13% | Add +37.6% | 483,852 | $8.1M |
| Wasatch Advisors LP | 0.04% | No change | 470,989 | $7.8M |
| Mutual of America Capital Management LLC | 0.07% | Add +0.1% | 390,333 | $6.5M |
| Northern Trust Corp. | 0.00% | Add +15.8% | 351,679 | $5.9M |
| Avory & Company, LLC | 3.76% | New | 341,553 | $5.7M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -28.3% | 334,395 | $5.6M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +3.5% | 320,706 | $5.3M |
| Ameriprise Financial Inc. | 0.00% | Add +19.5% | 298,422 | $5.0M |
| Kornitzer Capital Management Inc. | 0.10% | Reduce -37.6% | 298,167 | $5.0M |
| Morgan Stanley | 0.00% | Reduce -43.0% | 268,314 | $4.5M |
| Bank of New York Mellon Corp | 0.00% | Add +203.6% | 238,661 | $4.0M |
| Russell Investments Group, Ltd. | 0.00% | Add +100.5% | 215,283 | $3.6M |
| Rice Hall James & Associates, LLC | 0.16% | Add +89.8% | 165,984 | $2.8M |
| B. Metzler seel. Sohn & Co. AG | 0.03% | No change | 146,097 | $2.4M |
| Landscape Capital Management, L.L.C. | 0.19% | Reduce -11.7% | 131,436 | $2.2M |
| Ancora Advisors LLC | 0.04% | Add +372.0% | 121,010 | $2.0M |
| Moody National Bank Trust Division | 0.20% | Add +18.8% | 112,832 | $1.9M |
| Sei Investments Co. | 0.00% | Reduce -21.2% | 109,815 | $1.8M |
| Abn Amro Investment Solutions | 0.03% | Add +19.9% | 99,993 | $1.7M |
| Wells Fargo & Company | 0.00% | Reduce -5.2% | 93,684 | $1.6M |
| Susquehanna International Group, LLP | 0.00% | Add +150.8% | 91,413 | $1.5M |
| Two Sigma Investments, LP | 0.00% | Reduce -58.7% | 87,558 | $1.5M |
| Envestnet Asset Management Inc. | 0.00% | Add +30.7% | 86,647 | $1.4M |
| Swiss National Bank | 0.00% | No change | 82,300 | $1.4M |
| Atria Wealth Solutions, Inc. | 0.02% | Add +7.8% | 77,973 | $1.3M |
| Tudor Investment Corporation | 0.01% | Reduce -53.7% | 72,807 | $1.2M |
| Barclays PLC | 0.00% | Reduce -17.6% | 71,329 | $1.2M |
| Wesbanco Bank Inc. | 0.04% | No change | 68,699 | $1.1M |
| Arkadios Wealth Advisors | 0.04% | New | 68,503 | $1.1M |
| Nuveen, LLC | 0.00% | — | 65,148 | $1.1M |
| Raymond James Financial Inc. | 0.00% | Reduce -28.1% | 64,713 | $1.1M |
| SG Americas Securities, LLC | 0.00% | Add +272.1% | 56,466 | $940K |
| Royal Bank of Canada | 0.00% | Add +67.3% | 54,267 | $903K |
| Accurate Wealth Management, LLC | 0.17% | New | 49,369 | $866K |
| Rhumbline Advisers | 0.00% | Add +12.9% | 50,677 | $844K |
| American Century Companies Inc. | 0.00% | Add +369.1% | 50,320 | $838K |
| Diametric Capital, LP | 0.94% | New | 47,219 | $786K |
| Vancity Investment Management Ltd | 0.10% | — | 45,509 | $758K |
| Invesco Ltd. | 0.00% | Add +86.8% | 45,198 | $753K |
| Legal & General Group Plc | 0.00% | Add +10.7% | 44,807 | $746K |
| Sterling Capital Management LLC | 0.01% | Add +126567.7% | 39,267 | $654K |
| California State Teachers Retirement System | 0.00% | No change | 38,653 | $644K |
| Bessemer Group Inc. | 0.00% | Reduce -15.5% | 33,609 | $559K |
| Citigroup Inc. | 0.00% | Add +3.9% | 32,519 | $541K |
| SRH Advisors, LLC | 0.16% | Add +157.7% | 31,395 | $523K |
| Alliancebernstein L.P. | 0.00% | No change | 28,060 | $467K |
| Mariner, LLC | 0.00% | Add +28.2% | 27,497 | $458K |
| Squarepoint Ops LLC | 0.00% | Reduce -88.8% | 27,256 | $454K |
| Two Sigma Advisers, LP | 0.00% | Reduce -50.1% | 25,400 | $423K |
| Millennium Management | 0.00% | New | 24,955 | $416K |
| Deutsche Bank AG | 0.00% | Reduce -9.7% | 23,437 | $390K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +31.8% | 22,766 | $379K |
| Commerce Bank | 0.00% | Reduce -1.1% | 22,095 | $368K |
| Diversified Trust Co. | 0.01% | Reduce -24.5% | 21,926 | $365K |
| LPL Financial LLC | 0.00% | Reduce -13.7% | 21,810 | $363K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Add +0.1% | 20,287 | $338K |
| Prelude Capital Management, LLC | 0.03% | New | 19,274 | $321K |
| Corebridge Financial, Inc. | 0.00% | Add +24.7% | 18,812 | $313K |
| White Pine Capital LLC | 0.10% | Add +0.6% | 17,882 | $298K |
| Janus Henderson Group PLC | 0.00% | No change | 16,969 | $286K |
| PNC Financial Services Group, Inc. | 0.00% | Add +4.4% | 16,943 | $282K |
| T. Rowe Price Associates Inc. | 0.00% | Add +37.3% | 16,574 | $276K |
| KLP Kapitalforvaltning As | 0.00% | No change | 16,400 | $273K |
| Intech Investment Management LLC | 0.00% | Add +2.0% | 16,373 | $273K |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | New | 15,582 | $259K |
| Oppenheimer Asset Management Inc. | 0.00% | Add +19.0% | 13,039 | $217K |
| Atria Investments, Inc | 0.00% | New | 12,146 | $202K |
| Arizona State Retirement System | 0.00% | Reduce -1.4% | 12,091 | $201K |
| Creative Planning | 0.00% | New | 11,230 | $187K |
| Corient Private Wealth LP | 0.00% | New | 11,130 | $185K |
| Blueshift Asset Management, LLC | 0.07% | New | 10,975 | $183K |
| Stifel Financial Corp. | 0.00% | New | 10,356 | $172K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +85.2% | 9,807 | $163K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +26.4% | 7,767 | $129K |
| Harbor Capital Advisors, Inc. | 0.01% | Reduce -50.3% | 7,274 | $121K |
| State of Wyoming | 0.01% | Add +83.0% | 5,882 | $98K |
| Accent Capital Management, LLC | 0.05% | No change | 5,000 | $83K |
| Ameritas Investment Partners, Inc. | 0.00% | Add +30.7% | 3,885 | $65K |
| Comerica Bank | 0.00% | Reduce -37.3% | 3,236 | $54K |
| Coldstream Capital Management Inc. | 0.00% | New | 2,872 | $48K |
| BNP Paribas Financial Markets | 0.00% | Reduce -41.4% | 2,702 | $45K |
| Aster Capital Management (DIFC) Ltd | 0.01% | Add +1177.6% | 2,057 | $44K |
| Assetmark, Inc. | 0.00% | No change | 2,455 | $41K |
| Sunbelt Securities, Inc. | 0.00% | No change | 2,360 | $39K |
| Citadel Advisors | 0.00% | Reduce -99.7% | 1,893 | $32K |
| Osaic Holdings, Inc. | 0.00% | Add +4.7% | 1,725 | $29K |
| IFP Advisors, Inc | 0.00% | No change | 1,334 | $23K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +105.3% | 1,359 | $23K |
| Amalgamated Bank | 0.00% | Add +75.1% | 1,324 | $22K |
| Caldwell Trust Co | 0.00% | No change | 1,200 | $20K |
| First Horizon Advisors, Inc. | 0.00% | No change | 634 | $11K |
| Quadrant Capital Group LLC | 0.00% | Reduce -6.8% | 578 | $10K |
| Steward Partners Investment Advisory, LLC | 0.00% | Add +80.0% | 450 | $7K |
| Cwm, LLC | 0.00% | Add +44.8% | 349 | $6K |
| GAMMA Investing LLC | 0.00% | Add +3.1% | 327 | $5K |
| Private Trust Co. NA | 0.00% | No change | 281 | $5K |
| Mather Group, Llc. | 0.00% | New | 250 | $4K |
| Huntington National Bank | 0.00% | Add +1.9% | 216 | $4K |
| Fourth Dimension Wealth, LLC | 0.00% | No change | 200 | $3K |
| WPG Advisers, LLC | 0.00% | Reduce -0.6% | 176 | $3K |
| Fortitude Family Office, LLC | 0.00% | No change | 167 | $3K |
| US Bancorp \de | 0.00% | New | 162 | $3K |
| Nisa Investment Advisors, LLC | 0.00% | Add +100.0% | 124 | $2K |
| Summit Securities Group LLC | 0.00% | New | 122 | $2K |
| Global Financial Private Client, LLC | 0.00% | New | 121 | $2K |
| Farther Finance Advisors, LLC | 0.00% | Add +2500.0% | 104 | $2K |
| Rothschild Investment LLC | 0.00% | Add +90.9% | 105 | $2K |
| Smartleaf Asset Management LLC | 0.00% | Reduce -13.6% | 70 | $1K |
| Arax Advisory Partners | 0.00% | Add +100.0% | 66 | $1K |
| Larson Financial Group LLC | 0.00% | New | 63 | $1K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -10.0% | 63 | $1K |
| SBI Securities Co., Ltd. | 0.00% | Add +3500.0% | 36 | $599 |
| Parkside Financial Bank & Trust | 0.00% | New | 30 | $500 |
| EverSource Wealth Advisors, LLC | 0.00% | Add +84.6% | 24 | $400 |
| Stephens Consulting, LLC | 0.00% | New | 20 | $333 |
| Fifth Third Bancorp | 0.00% | Reduce -48.6% | 19 | $316 |
| Parallel Advisors, LLC | 0.00% | Add +240.0% | 17 | $283 |
| Lindbrook Capital, LLC | 0.00% | New | 8 | $133 |
| Brooklyn Investment Group | 0.00% | New | 4 | $67 |
| National Bank of Canada | 0.00% | New | 3 | $50 |
| Covestor Ltd | 0.00% | No change | 5 | $0 |
"% of holder's portfolio" is FWRG's weight in each manager's 13F, not the share of First Watch Restaurant Group the manager owns.