First Watch Restaurant GroupFWRG
13F holders, Q2 2025 (June 30)165holders +8
33new positions
24sold out
2famous investors
$16.04avg. 13F price*
At the end of Q2 2025, 165 institutions reported holding First Watch Restaurant Group (FWRG) in their 13F filings, up 8 from Q1 2025. 33 opened new positions and 24 sold out. The largest holders were Advent International, L.P. ($235.6M), BlackRock, Inc. ($46.4M) and Vanguard Group Inc. ($39.2M). 2 famous investors held it, including Lee Ainslie (0.1% of Maverick Capital's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- First Watch Restaurant Group
- CUSIP
- 33748L101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $76.1M |
| Exits | 24 | $38.7M |
All 13F filers, Q1 2025 → Q2 2025: 8,677,097 shares bought and 9,661,974 shares sold, net −984,877 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 165 holders
| Advent International, L.P. | 7.64% | Reduce -23.4% | 14,689,784 | $235.6M |
| BlackRock, Inc. | 0.00% | Reduce -0.3% | 2,894,161 | $46.4M |
| Vanguard Group Inc. | 0.00% | Add +1.9% | 2,444,465 | $39.2M |
| Dimensional Fund Advisors LP | 0.01% | Add +11.8% | 2,373,365 | $38.1M |
| Manufacturers Life Insurance Company, The | 0.03% | Add +51.7% | 2,335,883 | $37.5M |
| Lazard Asset Management LLC | 0.06% | Add +13.4% | 2,281,137 | $36.6M |
| JPMorgan Chase & Co. | 0.00% | Add +1.8% | 2,213,754 | $35.5M |
| Gilder Gagnon Howe & Co. LLC | 0.37% | Reduce -1.7% | 2,190,092 | $35.1M |
| FMR LLC | 0.00% | Reduce -5.6% | 2,145,361 | $34.4M |
| Champlain Investment Partners, LLC | 0.22% | Reduce -6.5% | 1,953,489 | $31.3M |
| GW&K Investment Management, LLC | 0.26% | Add +11.8% | 1,826,258 | $29.3M |
| Granahan Investment Management, LLC | 1.08% | Add +3.3% | 1,647,128 | $26.4M |
| Neuberger Berman Group LLC | 0.02% | Add +54.0% | 1,606,829 | $25.8M |
| 12 West Capital Management LP | 2.53% | No change | 1,490,701 | $23.9M |
| Riverbridge Partners LLC | 0.33% | New | 1,279,544 | $20.5M |
| Marshall Wace, LLP | 0.02% | Add +33.5% | 1,203,109 | $19.3M |
| Loomis Sayles & Co. L P | 0.02% | New | 1,144,014 | $18.3M |
| Brown Advisory Inc. | 0.02% | Reduce -21.8% | 1,107,990 | $17.8M |
| Geode Capital Management, LLC | 0.00% | Add +4.2% | 1,022,752 | $16.4M |
| Wellington Management Group LLP | 0.00% | Add +22.3% | 1,016,078 | $16.3M |
| Penn Capital Management Company, LLC | 1.40% | Reduce -0.5% | 1,005,891 | $16.2M |
| Federated Hermes, Inc. | 0.03% | No change | 957,000 | $15.4M |
| State Street Corp. | 0.00% | Add +14.1% | 921,756 | $14.8M |
| Paralel Advisors LLC | 0.59% | No change | 900,000 | $14.4M |
| Franklin Resources Inc. | 0.00% | Reduce -14.3% | 879,620 | $14.1M |
| MetLife Investment Management, LLC | 0.08% | Add +4.5% | 872,629 | $14.0M |
| Stephens Investment Management Group LLC | 0.16% | Add +8.5% | 768,962 | $12.3M |
| UBS Group AG | 0.00% | Reduce -8.5% | 768,916 | $12.3M |
| WCM Investment Management, LLC | 0.03% | Reduce -22.3% | 736,931 | $11.9M |
| Silvercrest Asset Management Group LLC | 0.07% | Add +5.4% | 662,216 | $10.6M |
| Deepwater Asset Management, LLC | 4.01% | Reduce -7.4% | 631,052 | $10.1M |
| New York State Common Retirement Fund | 0.01% | No change | 612,287 | $9.8M |
| ArrowMark Colorado Holdings LLC | 0.17% | Add +18.3% | 572,132 | $9.2M |
| Bank of America Corp. | 0.00% | Reduce -38.0% | 490,122 | $7.9M |
| Clearbridge Investments, LLC | 0.01% | Reduce -17.8% | 461,313 | $7.4M |
| Northern Trust Corp. | 0.00% | Add +30.1% | 457,353 | $7.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -13.4% | 422,644 | $6.8M |
| Mutual of America Capital Management LLC | 0.07% | Add +2.9% | 401,737 | $6.4M |
| Emerald Advisers, LLC | 0.23% | New | 384,838 | $6.2M |
| Avory & Company, LLC | 3.45% | Add +3.2% | 352,351 | $5.7M |
| Wasatch Advisors LP | 0.03% | Reduce -25.4% | 351,594 | $5.6M |
| Armistice Capital, LLC | 0.21% | New | 350,000 | $5.6M |
| Allspring Global Investments Holdings, LLC | 0.01% | Reduce -36.5% | 345,225 | $5.5M |
| Bank of New York Mellon Corp | 0.00% | Add +41.3% | 337,186 | $5.4M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +4.7% | 335,611 | $5.4M |
| Kornitzer Capital Management Inc. | 0.10% | Add +5.8% | 315,387 | $5.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -0.3% | 297,464 | $4.8M |
| Morgan Stanley | 0.00% | Add +8.9% | 292,203 | $4.7M |
| Maverick Capital | 0.07% | New | 278,075 | $4.5M |
| Emerald Mutual Fund Advisers Trust | 0.25% | New | 258,538 | $4.1M |
| Russell Investments Group, Ltd. | 0.01% | Add +18.7% | 255,634 | $4.1M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -25.4% | 249,316 | $4.0M |
| Manatuck Hill Partners, LLC | 1.21% | New | 200,000 | $3.2M |
| First Trust Advisors LP | 0.00% | New | 196,625 | $3.2M |
| Sei Investments Co. | 0.00% | Add +26.0% | 138,372 | $2.2M |
| Raymond James Financial Inc. | 0.00% | Add +112.8% | 137,742 | $2.2M |
| Gsa Capital Partners LLP | 0.15% | New | 133,730 | $2.1M |
| Moody National Bank Trust Division | 0.18% | Add +6.3% | 119,972 | $1.9M |
| Susquehanna International Group, LLP | 0.00% | Add +22.3% | 111,817 | $1.8M |
| Rice Hall James & Associates, LLC | 0.10% | Reduce -33.1% | 111,051 | $1.8M |
| Two Sigma Investments, LP | 0.00% | Add +26.8% | 111,043 | $1.8M |
| B. Metzler seel. Sohn & Co. AG | 0.02% | Reduce -27.5% | 105,917 | $1.7M |
| LPL Financial LLC | 0.00% | Add +372.3% | 103,018 | $1.7M |
| Royal Bank of Canada | 0.00% | Add +70.7% | 92,631 | $1.5M |
| Wells Fargo & Company | 0.00% | Reduce -1.5% | 92,279 | $1.5M |
| Dynamic Technology Lab Private Ltd | 0.19% | New | 88,553 | $1.4M |
| Squarepoint Ops LLC | 0.00% | Add +217.9% | 86,637 | $1.4M |
| Barclays PLC | 0.00% | Add +13.9% | 81,228 | $1.3M |
| Wesbanco Bank Inc. | 0.04% | Add +16.0% | 79,699 | $1.3M |
| Arkadios Wealth Advisors | 0.04% | Add +12.2% | 76,861 | $1.2M |
| Swiss National Bank | 0.00% | Reduce -8.0% | 75,700 | $1.2M |
| Accurate Wealth Management, LLC | 0.18% | Add +34.9% | 66,618 | $1.2M |
| Rhumbline Advisers | 0.00% | Add +45.8% | 73,882 | $1.2M |
| American Century Companies Inc. | 0.00% | Add +43.4% | 72,166 | $1.2M |
| Nuveen, LLC | 0.00% | Reduce -6.0% | 61,217 | $982K |
| Invesco Ltd. | 0.00% | Add +28.9% | 58,237 | $934K |
| Envestnet Asset Management Inc. | 0.00% | Reduce -36.2% | 55,298 | $887K |
| Vancity Investment Management Ltd | 0.10% | Add +11.7% | 50,833 | $815K |
| Diametric Capital, LP | 0.43% | Add +7.3% | 50,641 | $812K |
| Versor Investments LP | 0.13% | New | 47,200 | $757K |
| Legal & General Group Plc | 0.00% | Add +1.6% | 45,531 | $730K |
| Aquatic Capital Management LLC | 0.01% | New | 43,020 | $690K |
| Victory Capital Management Inc. | 0.00% | New | 40,750 | $654K |
| Ancora Advisors LLC | 0.01% | Reduce -66.8% | 40,210 | $645K |
| Sterling Capital Management LLC | 0.01% | Add +0.1% | 39,323 | $631K |
| Brevan Howard Capital Management LP | 0.01% | New | 39,194 | $629K |
| California State Teachers Retirement System | 0.00% | Reduce -5.7% | 36,454 | $585K |
| Alliancebernstein L.P. | 0.00% | Add +28.5% | 36,060 | $578K |
| Captrust Financial Advisors | 0.00% | New | 33,972 | $545K |
| Bessemer Group Inc. | 0.00% | No change | 33,609 | $539K |
| Deutsche Bank AG | 0.00% | Add +38.7% | 32,514 | $522K |
| Balyasny Asset Management L.P. | 0.00% | Reduce -95.4% | 28,072 | $450K |
| Millennium Management | 0.00% | Add +12.3% | 28,034 | $450K |
| SRH Advisors, LLC | 0.13% | Reduce -12.7% | 27,395 | $439K |
| Commerce Bank | 0.00% | Add +20.5% | 26,625 | $427K |
| White Pine Capital LLC | 0.13% | Add +41.8% | 25,362 | $407K |
| Engineers Gate Manager LP | 0.00% | New | 23,639 | $379K |
| Verition Fund Management LLC | 0.00% | New | 23,498 | $377K |
| Oppenheimer Asset Management Inc. | 0.00% | Add +76.1% | 22,959 | $368K |
| Two Sigma Advisers, LP | 0.00% | Reduce -10.2% | 22,800 | $366K |
"% of holder's portfolio" is FWRG's weight in each manager's 13F, not the share of First Watch Restaurant Group the manager owns.