First Watch Restaurant GroupFWRG

13F holders, Q1 2025 (March 31)
157holders +3
24new positions
20sold out
3famous investors
$16.65avg. 13F price*

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

050100150200250 Q1 2024: 146Q1 2024Q2 2024: 137Q2 2024Q3 2024: 135Q3 2024Q4 2024: 154Q4 2024Q1 2025: 157Q1 2025Q2 2025: 165Q2 2025Q3 2025: 184Q3 2025Q4 2025: 208Q4 2025Q1 2026: 210Q1 2026Q2 2026: 206Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions24$20.9M
Exits20$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.