First Watch Restaurant GroupFWRG
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 208 institutions reported holding First Watch Restaurant Group (FWRG) in their 13F filings, up 24 from Q3 2025. 40 opened new positions and 21 sold out. The largest holders were FMR LLC ($81.4M), BlackRock, Inc. ($56.2M) and Vanguard Group Inc. ($50.1M). 3 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- First Watch Restaurant Group
- CUSIP
- 33748L101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 40 | $13.5M |
| Exits | 21 | $134.6M |
All 13F filers, Q3 2025 → Q4 2025: 12,900,908 shares bought and 15,290,060 shares sold, net −2,389,152 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 208 holders
| FMR LLC | 0.00% | Add +112.2% | 5,399,098 | $81.4M |
| BlackRock, Inc. | 0.00% | Add +19.5% | 3,728,708 | $56.2M |
| Vanguard Group Inc. | 0.00% | Add +15.0% | 3,320,929 | $50.1M |
| Neuberger Berman Group LLC | 0.03% | Add +103.2% | 3,109,660 | $46.9M |
| Dimensional Fund Advisors LP | 0.01% | Add +5.5% | 2,576,182 | $38.8M |
| Woodline Partners LP | 0.12% | Add +64.6% | 2,137,899 | $32.2M |
| Gilder Gagnon Howe & Co. LLC | 0.33% | Reduce -3.0% | 2,081,672 | $31.4M |
| GW&K Investment Management, LLC | 0.27% | Add +18.1% | 2,032,631 | $30.7M |
| Bank of New York Mellon Corp | 0.01% | Add +7.5% | 2,011,613 | $30.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -4.8% | 1,882,671 | $28.4M |
| Loomis Sayles & Co. L P | 0.03% | Add +7.6% | 1,857,812 | $28.0M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +5.6% | 1,850,876 | $27.9M |
| Lazard Asset Management LLC | 0.04% | Reduce -23.6% | 1,626,821 | $24.5M |
| Granahan Investment Management, LLC | 0.94% | Reduce -13.0% | 1,451,237 | $21.9M |
| Stephens Investment Management Group LLC | 0.27% | Add +46.7% | 1,367,051 | $20.6M |
| Geode Capital Management, LLC | 0.00% | Add +11.3% | 1,202,460 | $18.1M |
| Silvercrest Asset Management Group LLC | 0.12% | Reduce -7.4% | 1,181,594 | $17.8M |
| Champlain Investment Partners, LLC | 0.17% | Reduce -40.8% | 1,137,880 | $17.2M |
| Penn Capital Management Company, LLC | 1.36% | Add +0.6% | 1,131,552 | $17.1M |
| Riverbridge Partners LLC | 0.31% | Reduce -7.8% | 1,096,029 | $16.5M |
| State Street Corp. | 0.00% | Add +15.4% | 1,092,886 | $16.5M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -22.6% | 1,081,055 | $16.3M |
| 12 West Capital Management LP | 1.92% | Reduce -28.2% | 1,070,701 | $16.1M |
| MetLife Investment Management, LLC | 0.08% | Add +0.5% | 1,069,955 | $16.1M |
| Wellington Management Group LLP | 0.00% | Reduce -5.5% | 1,069,506 | $16.1M |
| Franklin Resources Inc. | 0.00% | Add +10.3% | 1,047,439 | $15.8M |
| Fred Alger Management, LLC | 0.06% | Add +183.9% | 1,036,560 | $15.6M |
| Emerald Advisers, LLC | 0.45% | Add +19.2% | 978,408 | $14.8M |
| Citadel Advisors | 0.01% | Reduce -36.9% | 931,728 | $14.1M |
| Federated Hermes, Inc. | 0.02% | Reduce -8.6% | 912,000 | $13.8M |
| UBS Group AG | 0.00% | Add +9.8% | 909,250 | $13.7M |
| Paralel Advisors LLC | 0.53% | No change | 900,000 | $13.6M |
| New York State Common Retirement Fund | 0.01% | Add +6.5% | 706,138 | $10.6M |
| Hodges Capital Management Inc. | 0.90% | Add +385.1% | 693,341 | $10.5M |
| Russell Investments Group, Ltd. | 0.01% | Add +102.0% | 688,715 | $10.4M |
| Bank of America Corp. | 0.00% | Reduce -30.3% | 595,450 | $9.0M |
| ArrowMark Colorado Holdings LLC | 0.20% | Reduce -3.2% | 588,565 | $8.9M |
| Deepwater Asset Management, LLC | 2.53% | Reduce -20.5% | 576,166 | $8.7M |
| Emerald Mutual Fund Advisers Trust | 0.42% | Add +14.3% | 569,418 | $8.6M |
| Morgan Stanley | 0.00% | Add +16.5% | 530,690 | $8.0M |
| Marshall Wace, LLP | 0.01% | Reduce -67.8% | 527,692 | $8.0M |
| Northern Trust Corp. | 0.00% | Add +3.4% | 488,979 | $7.4M |
| Squarepoint Ops LLC | 0.01% | Add +18.8% | 464,901 | $7.0M |
| Manatuck Hill Partners, LLC | 2.43% | Add +55.9% | 459,900 | $6.9M |
| Wasatch Advisors LP | 0.04% | Add +22.2% | 451,868 | $6.8M |
| Clearbridge Investments, LLC | 0.01% | Reduce -7.3% | 439,682 | $6.6M |
| Qube Research & Technologies Ltd | 0.01% | Add +495.3% | 433,912 | $6.5M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +6.3% | 411,754 | $6.2M |
| Mutual of America Capital Management LLC | 0.06% | Add +1.0% | 383,960 | $5.8M |
| Allspring Global Investments Holdings, LLC | 0.01% | Add +1.6% | 340,456 | $5.2M |
| Avory & Company, LLC | 3.24% | Reduce -5.8% | 334,209 | $5.0M |
| Kornitzer Capital Management Inc. | 0.10% | No change | 309,387 | $4.7M |
| ExodusPoint Capital Management, LP | 0.05% | Add +221.6% | 290,791 | $4.4M |
| Wells Fargo & Company | 0.00% | Add +160.9% | 262,232 | $4.0M |
| Ancora Advisors LLC | 0.08% | Add +238.6% | 256,019 | $3.9M |
| Ameriprise Financial Inc. | 0.00% | Add +61.0% | 242,776 | $3.7M |
| Sei Investments Co. | 0.00% | Add +47.2% | 238,693 | $3.6M |
| Brown Advisory Inc. | 0.00% | Reduce -75.4% | 228,460 | $3.4M |
| First Trust Advisors LP | 0.00% | Add +33.2% | 214,816 | $3.2M |
| Ranger Investment Management, L.P. | 0.18% | New | 176,250 | $2.7M |
| Rice Hall James & Associates, LLC | 0.11% | Add +22.0% | 134,599 | $2.0M |
| Royce & Associates LP | 0.02% | New | 133,000 | $2.0M |
| Man Group plc | 0.00% | Add +49.3% | 124,027 | $1.9M |
| Swiss National Bank | 0.00% | Add +22.1% | 108,300 | $1.6M |
| Diametric Capital, LP | 0.44% | Reduce -1.1% | 107,920 | $1.6M |
| Sterling Capital Management LLC | 0.03% | Add +0.2% | 105,404 | $1.6M |
| Moody National Bank Trust Division | 0.15% | Reduce -15.0% | 101,972 | $1.5M |
| American Century Companies Inc. | 0.00% | Add +7.4% | 98,416 | $1.5M |
| LPL Financial LLC | 0.00% | Add +7.9% | 95,538 | $1.4M |
| Envestnet Asset Management Inc. | 0.00% | Add +31.2% | 92,353 | $1.4M |
| Invesco Ltd. | 0.00% | Add +31.7% | 89,637 | $1.4M |
| Two Sigma Investments, LP | 0.00% | Add +127.8% | 86,090 | $1.3M |
| Barclays PLC | 0.00% | Reduce -15.3% | 85,916 | $1.3M |
| Raymond James Financial Inc. | 0.00% | Reduce -39.1% | 82,533 | $1.2M |
| Wesbanco Bank Inc. | 0.03% | No change | 79,699 | $1.2M |
| XTX Topco Ltd | 0.03% | New | 76,662 | $1.2M |
| Lotus Technology Management, LP | 0.63% | — | 75,725 | $1.1M |
| VARCOV Co. | 0.45% | — | 74,782 | $1.1M |
| Nuveen, LLC | 0.00% | Add +13.8% | 74,480 | $1.1M |
| Two Sigma Advisers, LP | 0.00% | Add +268.3% | 74,400 | $1.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +15.9% | 74,199 | $1.1M |
| Arkadios Wealth Advisors | 0.02% | Reduce -7.6% | 73,496 | $1.1M |
| STRS Ohio | 0.00% | New | 69,400 | $1.0M |
| Brevan Howard Capital Management LP | 0.02% | Add +156.4% | 66,777 | $1.0M |
| Jefferies Financial Group Inc. | 0.01% | New | 65,000 | $980K |
| Accurate Wealth Management, LLC | 0.12% | Reduce -11.2% | 59,220 | $922K |
| Captrust Financial Advisors | 0.00% | Add +75.9% | 60,377 | $910K |
| Rhumbline Advisers | 0.00% | Reduce -3.9% | 58,659 | $885K |
| Millennium Management | 0.00% | Reduce -91.8% | 57,258 | $863K |
| Victory Capital Management Inc. | 0.00% | Add +3.3% | 57,000 | $860K |
| Natixis Advisors, LLC | 0.00% | Add +62.9% | 49,777 | $751K |
| Legal & General Group Plc | 0.00% | Reduce -12.5% | 49,599 | $748K |
| Alliancebernstein L.P. | 0.00% | Add +36.9% | 49,360 | $744K |
| Oppenheimer Asset Management Inc. | 0.01% | Add +52.6% | 46,872 | $707K |
| California State Teachers Retirement System | 0.00% | Add +1.8% | 46,092 | $695K |
| PEAK6 LLC | 0.02% | New | 46,003 | $694K |
| Cerity Partners LLC | 0.00% | New | 45,793 | $691K |
| Deutsche Bank AG | 0.00% | Add +23.6% | 45,108 | $680K |
| Vancity Investment Management Ltd | 0.09% | Reduce -7.5% | 44,118 | $665K |
| Lanark Financial, Inc. | 0.05% | Add +980.0% | 41,461 | $625K |
"% of holder's portfolio" is FWRG's weight in each manager's 13F, not the share of First Watch Restaurant Group the manager owns.