First Watch Restaurant GroupFWRG
13F holders, Q3 2025 (September 30)184holders +19
31new positions
12sold out
3famous investors
$15.64avg. 13F price*
At the end of Q3 2025, 184 institutions reported holding First Watch Restaurant Group (FWRG) in their 13F filings, up 19 from Q2 2025. 31 opened new positions and 12 sold out. The largest holders were Advent International, L.P. ($82.7M), BlackRock, Inc. ($48.8M) and Vanguard Group Inc. ($45.2M). 3 famous investors held it, including Lee Ainslie (0.1% of Maverick Capital's portfolio), Ken Griffin (0.0% of Citadel Advisors'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 Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 31 | $73.8M |
| Exits | 12 | $7.5M |
All 13F filers, Q2 2025 → Q3 2025: 15,193,773 shares bought and 12,254,176 shares sold, net +2,939,597 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 184 holders
| Advent International, L.P. | 1.67% | Reduce -64.0% | 5,289,784 | $82.7M |
| BlackRock, Inc. | 0.00% | Add +7.8% | 3,120,200 | $48.8M |
| Vanguard Group Inc. | 0.00% | Add +18.2% | 2,888,295 | $45.2M |
| FMR LLC | 0.00% | Add +18.6% | 2,544,101 | $39.8M |
| Dimensional Fund Advisors LP | 0.01% | Add +2.9% | 2,442,780 | $38.2M |
| Gilder Gagnon Howe & Co. LLC | 0.34% | Reduce -2.0% | 2,145,809 | $33.6M |
| Lazard Asset Management LLC | 0.04% | Reduce -6.7% | 2,129,524 | $33.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -10.7% | 1,977,268 | $30.9M |
| Champlain Investment Partners, LLC | 0.23% | Reduce -1.6% | 1,922,716 | $30.1M |
| Bank of New York Mellon Corp | 0.01% | Add +454.8% | 1,870,853 | $29.3M |
| Manufacturers Life Insurance Company, The | 0.02% | Reduce -25.0% | 1,752,376 | $27.4M |
| Loomis Sayles & Co. L P | 0.03% | Add +50.9% | 1,726,365 | $27.0M |
| GW&K Investment Management, LLC | 0.24% | Reduce -5.8% | 1,720,693 | $26.9M |
| Granahan Investment Management, LLC | 1.07% | Add +1.2% | 1,667,332 | $26.1M |
| Marshall Wace, LLP | 0.03% | Add +36.4% | 1,641,205 | $25.7M |
| Neuberger Berman Group LLC | 0.02% | Reduce -4.8% | 1,530,296 | $23.9M |
| 12 West Capital Management LP | 2.42% | No change | 1,490,701 | $23.3M |
| Citadel Advisors | 0.02% | New | 1,476,702 | $23.1M |
| Goldman Sachs Group Inc. | 0.00% | Add +460.3% | 1,396,899 | $21.8M |
| Woodline Partners LP | 0.10% | New | 1,299,116 | $20.3M |
| Silvercrest Asset Management Group LLC | 0.13% | Add +92.8% | 1,276,470 | $20.0M |
| Riverbridge Partners LLC | 0.31% | Reduce -7.1% | 1,188,534 | $18.6M |
| Wellington Management Group LLP | 0.00% | Add +11.4% | 1,131,949 | $17.7M |
| Penn Capital Management Company, LLC | 1.36% | Add +11.9% | 1,125,353 | $17.6M |
| Geode Capital Management, LLC | 0.00% | Add +5.7% | 1,080,809 | $16.9M |
| MetLife Investment Management, LLC | 0.08% | Add +22.0% | 1,064,276 | $16.6M |
| Federated Hermes, Inc. | 0.03% | Add +4.2% | 997,300 | $15.6M |
| Franklin Resources Inc. | 0.00% | Add +8.0% | 950,069 | $14.9M |
| State Street Corp. | 0.00% | Add +2.8% | 947,346 | $14.8M |
| Stephens Investment Management Group LLC | 0.19% | Add +21.2% | 932,064 | $14.6M |
| Brown Advisory Inc. | 0.02% | Reduce -16.2% | 928,795 | $14.5M |
| Paralel Advisors LLC | 0.55% | No change | 900,000 | $14.1M |
| Bank of America Corp. | 0.00% | Add +74.2% | 853,658 | $13.4M |
| UBS Group AG | 0.00% | Add +7.7% | 828,335 | $13.0M |
| Emerald Advisers, LLC | 0.41% | Add +113.4% | 821,090 | $12.8M |
| Balyasny Asset Management L.P. | 0.03% | Add +2796.3% | 813,051 | $12.7M |
| WCM Investment Management, LLC | 0.02% | Reduce -0.0% | 736,665 | $11.7M |
| Deepwater Asset Management, LLC | 4.51% | Add +14.8% | 724,714 | $11.3M |
| Millennium Management | 0.01% | Add +2382.9% | 696,053 | $10.9M |
| New York State Common Retirement Fund | 0.01% | Add +8.3% | 663,160 | $10.4M |
| ArrowMark Colorado Holdings LLC | 0.18% | Add +6.3% | 607,992 | $9.5M |
| Maverick Capital | 0.11% | Add +84.9% | 514,259 | $8.0M |
| Emerald Mutual Fund Advisers Trust | 0.40% | Add +92.7% | 498,226 | $7.8M |
| Clearbridge Investments, LLC | 0.01% | Add +2.8% | 474,353 | $7.4M |
| Northern Trust Corp. | 0.00% | Add +3.4% | 472,815 | $7.4M |
| Morgan Stanley | 0.00% | Add +55.9% | 455,413 | $7.1M |
| Squarepoint Ops LLC | 0.01% | Add +351.7% | 391,318 | $6.1M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +15.5% | 387,521 | $6.1M |
| Mutual of America Capital Management LLC | 0.06% | Reduce -5.4% | 380,001 | $5.9M |
| Jain Global LLC | 0.08% | New | 370,274 | $5.8M |
| Wasatch Advisors LP | 0.03% | Add +5.2% | 369,694 | $5.8M |
| Fred Alger Management, LLC | 0.02% | New | 365,105 | $5.7M |
| Avory & Company, LLC | 3.34% | Add +0.7% | 354,699 | $5.5M |
| Russell Investments Group, Ltd. | 0.01% | Add +33.4% | 340,914 | $5.3M |
| Allspring Global Investments Holdings, LLC | 0.01% | Reduce -2.9% | 335,249 | $5.2M |
| Hudson Bay Capital Management LP | 0.03% | New | 315,597 | $4.9M |
| Kornitzer Capital Management Inc. | 0.10% | Reduce -1.9% | 309,387 | $4.8M |
| Manatuck Hill Partners, LLC | 1.57% | Add +47.5% | 295,000 | $4.6M |
| Sei Investments Co. | 0.00% | Add +17.1% | 162,108 | $2.5M |
| First Trust Advisors LP | 0.00% | Reduce -18.0% | 161,274 | $2.5M |
| Ghisallo Capital Management LLC | 0.08% | New | 160,893 | $2.5M |
| Ameriprise Financial Inc. | 0.00% | Reduce -49.3% | 150,783 | $2.4M |
| Hodges Capital Management Inc. | 0.19% | New | 142,934 | $2.2M |
| Raymond James Financial Inc. | 0.00% | Reduce -1.6% | 135,489 | $2.1M |
| Moody National Bank Trust Division | 0.16% | Reduce -0.1% | 119,917 | $1.9M |
| Rice Hall James & Associates, LLC | 0.09% | Reduce -0.6% | 110,355 | $1.7M |
| Diametric Capital, LP | 0.63% | Add +115.4% | 109,079 | $1.7M |
| B. Metzler seel. Sohn & Co. AG | 0.01% | No change | 105,917 | $1.7M |
| Sterling Capital Management LLC | 0.02% | Add +167.4% | 105,154 | $1.6M |
| Barclays PLC | 0.00% | Add +24.9% | 101,493 | $1.6M |
| Wells Fargo & Company | 0.00% | Add +8.9% | 100,505 | $1.6M |
| Gsa Capital Partners LLP | 0.13% | Reduce -25.5% | 99,624 | $1.6M |
| Royal Bank of Canada | 0.00% | Add +1.2% | 93,719 | $1.5M |
| American Century Companies Inc. | 0.00% | Add +27.0% | 91,653 | $1.4M |
| ExodusPoint Capital Management, LP | 0.02% | New | 90,425 | $1.4M |
| Swiss National Bank | 0.00% | Add +17.2% | 88,700 | $1.4M |
| LPL Financial LLC | 0.00% | Reduce -14.0% | 88,572 | $1.4M |
| Landscape Capital Management, L.L.C. | 0.08% | New | 84,540 | $1.3M |
| Susquehanna International Group, LLP | 0.00% | Reduce -24.9% | 83,976 | $1.3M |
| Man Group plc | 0.00% | New | 83,091 | $1.3M |
| Wesbanco Bank Inc. | 0.03% | No change | 79,699 | $1.2M |
| Arkadios Wealth Advisors | 0.03% | Add +3.4% | 79,503 | $1.2M |
| Blueshift Asset Management, LLC | 0.37% | New | 76,261 | $1.2M |
| Ancora Advisors LLC | 0.02% | Add +88.0% | 75,610 | $1.2M |
| Accurate Wealth Management, LLC | 0.16% | Add +0.1% | 66,696 | $1.2M |
| Qube Research & Technologies Ltd | 0.00% | New | 72,885 | $1.1M |
| Jane Street Group, LLC | 0.00% | Add +228.1% | 72,879 | $1.1M |
| Envestnet Asset Management Inc. | 0.00% | Add +27.3% | 70,389 | $1.1M |
| Invesco Ltd. | 0.00% | Add +16.9% | 68,061 | $1.1M |
| Dark Forest Capital Management LP | 0.04% | New | 67,318 | $1.1M |
| Nuveen, LLC | 0.00% | Add +6.9% | 65,460 | $1.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -84.9% | 64,007 | $1.0M |
| Rhumbline Advisers | 0.00% | Reduce -17.4% | 61,012 | $954K |
| Legal & General Group Plc | 0.00% | Add +24.5% | 56,676 | $886K |
| Victory Capital Management Inc. | 0.00% | Add +35.5% | 55,200 | $863K |
| Vancity Investment Management Ltd | 0.10% | Reduce -6.2% | 47,702 | $746K |
| California State Teachers Retirement System | 0.00% | Add +24.2% | 45,260 | $708K |
| Prelude Capital Management, LLC | 0.05% | Add +109.3% | 41,466 | $649K |
| Verition Fund Management LLC | 0.00% | Add +73.8% | 40,831 | $639K |
| SG Americas Securities, LLC | 0.00% | Add +94.5% | 39,220 | $613K |
| Two Sigma Investments, LP | 0.00% | Reduce -66.0% | 37,793 | $591K |
| Dynamic Technology Lab Private Ltd | 0.10% | Reduce -58.6% | 36,700 | $574K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Add +62.4% | 36,629 | $573K |
| Deutsche Bank AG | 0.00% | Add +12.2% | 36,486 | $571K |
| Alliancebernstein L.P. | 0.00% | No change | 36,060 | $564K |
| Captrust Financial Advisors | 0.00% | Add +1.0% | 34,325 | $537K |
| Bessemer Group Inc. | 0.00% | No change | 33,609 | $526K |
| Oppenheimer Asset Management Inc. | 0.01% | Add +33.8% | 30,708 | $480K |
| Natixis Advisors, LLC | 0.00% | Add +93.0% | 30,555 | $478K |
| Walleye Capital LLC | 0.00% | New | 27,000 | $422K |
| Brevan Howard Capital Management LP | 0.01% | Reduce -33.5% | 26,044 | $407K |
| SRH Advisors, LLC | 0.12% | Reduce -5.0% | 26,020 | $407K |
| White Pine Capital LLC | 0.11% | Reduce -0.0% | 25,356 | $397K |
| Commerce Bank | 0.00% | Reduce -5.1% | 25,260 | $395K |
| T. Rowe Price Associates Inc. | 0.00% | Add +19.2% | 24,329 | $381K |
| PNC Financial Services Group, Inc. | 0.00% | Add +4.2% | 23,016 | $360K |
| Simplex Trading, LLC | 0.01% | Add +61.6% | 22,637 | $354K |
| Diversified Trust Co. | 0.01% | No change | 21,800 | $341K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -4.6% | 21,093 | $330K |
| BNP Paribas Financial Markets | 0.00% | Add +374.0% | 20,737 | $324K |
| Two Sigma Advisers, LP | 0.00% | Reduce -11.4% | 20,200 | $316K |
| Magnetar Financial LLC | 0.00% | New | 18,879 | $295K |
| Atria Investments, Inc | 0.00% | Reduce -17.1% | 18,583 | $291K |
| Citigroup Inc. | 0.00% | Reduce -15.5% | 18,114 | $283K |
| Boothbay Fund Management, LLC | 0.01% | New | 17,705 | $277K |
| Janus Henderson Group PLC | 0.00% | No change | 16,969 | $265K |
| KLP Kapitalforvaltning As | 0.00% | No change | 16,400 | $256K |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | No change | 16,070 | $251K |
| ProShare Advisors LLC | 0.00% | New | 15,522 | $243K |
| Canada Pension Plan Investment Board | 0.00% | Add +10.9% | 15,300 | $239K |
| Intech Investment Management LLC | 0.00% | Reduce -8.2% | 14,435 | $226K |
| Arizona State Retirement System | 0.00% | Add +17.1% | 13,518 | $211K |
| Capital Management Associates, Inc | 0.06% | No change | 13,023 | $204K |
| Bailard, Inc. | 0.00% | No change | 12,800 | $200K |
| Trexquant Investment LP | 0.00% | New | 12,671 | $198K |
| Caxton Associates LLP | 0.01% | New | 12,085 | $189K |
| Engineers Gate Manager LP | 0.00% | Reduce -50.0% | 11,825 | $185K |
| Fiduciary Trust Co | 0.00% | No change | 11,797 | $185K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +24.0% | 11,290 | $177K |
| LVW Advisors, LLC | 0.02% | Reduce -3.2% | 10,471 | $164K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 9,807 | $153K |
| Harbor Capital Advisors, Inc. | 0.01% | Reduce -25.7% | 9,415 | $147K |
| Comerica Bank | 0.00% | Add +30.2% | 8,577 | $134K |
| Aquatic Capital Management LLC | 0.00% | Reduce -88.5% | 4,970 | $78K |
| US Bancorp \de | 0.00% | Reduce -15.3% | 4,923 | $77K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 3,885 | $61K |
| 1620 Investment Advisors, Inc. | 0.04% | Add +1.7% | 3,859 | $60K |
| Lanark Financial, Inc. | 0.00% | New | 3,839 | $60K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -48.3% | 3,759 | $59K |
| Assetmark, Inc. | 0.00% | No change | 2,960 | $46K |
| Osaic Holdings, Inc. | 0.00% | Add +12.5% | 2,251 | $42K |
| Jones Financial Companies LLLP | 0.00% | New | 1,850 | $30K |
| Sunbelt Securities, Inc. | 0.00% | Reduce -26.2% | 1,742 | $27K |
| Fifth Third Bancorp | 0.00% | Add +0.1% | 1,696 | $27K |
| Amalgamated Bank | 0.00% | No change | 1,324 | $21K |
| Caldwell Trust Co | 0.00% | No change | 1,200 | $19K |
| Highline Wealth Partners LLC | 0.00% | New | 1,000 | $16K |
| Quarry LP | 0.00% | New | 984 | $15K |
| Quadrant Capital Group LLC | 0.00% | New | 552 | $9K |
| Huntington National Bank | 0.00% | Reduce -3.6% | 457 | $7K |
| Nisa Investment Advisors, LLC | 0.00% | Add +7.9% | 398 | $6K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | No change | 302 | $5K |
| Cwm, LLC | 0.00% | Add +84.3% | 317 | $5K |
| Mather Group, Llc. | 0.00% | New | 300 | $5K |
| Private Trust Co. NA | 0.00% | No change | 281 | $4K |
| Optiver Holding B.V. | 0.00% | New | 258 | $4K |
| AlphaQuest LLC | 0.00% | New | 247 | $4K |
| GAMMA Investing LLC | 0.00% | Add +83.6% | 224 | $4K |
| Fourth Dimension Wealth, LLC | 0.00% | No change | 200 | $3K |
| Global Retirement Partners, LLC | 0.00% | No change | 136 | $2K |
| Arax Advisory Partners | 0.00% | Add +215.0% | 126 | $2K |
| Farther Finance Advisors, LLC | 0.00% | Add +10.0% | 110 | $2K |
| WPG Advisers, LLC | 0.00% | No change | 103 | $2K |
| EverSource Wealth Advisors, LLC | 0.00% | No change | 99 | $2K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -93.3% | 77 | $1K |
| Smartleaf Asset Management LLC | 0.00% | Add +100.0% | 70 | $1K |
| Rothschild Investment LLC | 0.00% | No change | 70 | $1K |
| Northwestern Mutual Wealth Management Co. | 0.00% | New | 33 | $516 |
| Fortitude Family Office, LLC | 0.00% | No change | 17 | $266 |
| Advisory Services Network, LLC | 0.00% | New | 8 | $125 |
| Allworth Financial LP | 0.00% | New | 2 | $32 |
| SBI Securities Co., Ltd. | 0.00% | Reduce -94.4% | 2 | $31 |
| Essential Partners LLC | 0.00% | New | 1 | $16 |
| 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.