First Watch Restaurant GroupFWRG

13F holders, Q4 2025 (December 31)
208holders +24
40new positions
21sold out
3famous investors
$15.08avg. 13F price*

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

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 Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions40$13.5M
Exits21$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
Jane Street Group, LLC 0.00% Reduce -44.3% 40,602 $612K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% Add +10.3% 40,407 $609K
Canada Pension Plan Investment Board 0.00% Add +159.5% 39,700 $599K
Susquehanna International Group, LLP 0.00% Reduce -53.5% 39,035 $589K
First Dallas Securities Inc. 0.22% New 39,000 $588K
Magnetar Financial LLC 0.01% Add +99.2% 37,609 $567K
Royal Bank of Canada 0.00% Reduce -61.8% 35,783 $540K
Engineers Gate Manager LP 0.01% Add +194.6% 34,830 $525K
Bessemer Group Inc. 0.00% Reduce -4.5% 32,080 $484K
T. Rowe Price Associates Inc. 0.00% Add +24.4% 30,254 $457K
White Pine Capital LLC 0.12% Add +18.3% 29,989 $452K
Sumitomo Mitsui Trust Group, Inc. 0.00% Add +86.3% 29,931 $451K
Commerce Bank 0.00% Add +18.2% 29,868 $450K
Prelude Capital Management, LLC 0.03% Reduce -33.6% 27,521 $415K
71 West Capital Partners 0.02% — 26,130 $394K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +21.3% 25,577 $386K
Quent Capital, LLC 0.03% New 25,000 $377K
SRH Advisors, LLC 0.11% Reduce -4.5% 24,837 $375K
Diversified Trust Co. 0.01% Add +12.4% 24,500 $369K
Boston Partners 0.00% New 23,790 $359K
Verition Fund Management LLC 0.00% Reduce -42.5% 23,498 $354K
PNC Financial Services Group, Inc. 0.00% Add +1.9% 23,450 $354K
PharVision Advisers, LLC 0.15% New 20,028 $302K
Blueshift Asset Management, LLC 0.08% Reduce -74.8% 19,229 $290K
Atria Investments, Inc 0.00% Reduce -0.3% 18,521 $279K
Capital Management Associates, Inc 0.06% Add +39.9% 18,217 $275K
Aquatic Capital Management LLC 0.01% Add +262.0% 17,990 $271K
Janus Henderson Group PLC 0.00% No change 16,969 $256K
SG Americas Securities, LLC 0.00% Reduce -57.2% 16,781 $253K
Oxford Asset Management LLP 0.09% New 16,504 $249K
Intech Investment Management LLC 0.00% Add +11.1% 16,041 $242K
AQR Capital Management 0.00% New 15,894 $240K
Arizona State Retirement System 0.00% Add +13.2% 15,295 $231K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +44.4% 14,160 $214K
Entropy Technologies, LP 0.01% New 13,962 $211K
Fiduciary Trust Co 0.00% Add +17.7% 13,889 $209K
Police & Firemen's Retirement System of New Jersey 0.00% Add +21.8% 13,751 $207K
Moors & Cabot, Inc. 0.01% New 13,600 $205K
Twinbeech Capital LP 0.01% New 13,589 $205K
Dark Forest Capital Management LP 0.01% Reduce -80.1% 13,386 $202K
KLP Kapitalforvaltning As 0.00% Reduce -23.8% 12,500 $189K
Truist Financial Corp. 0.00% New 12,313 $186K
Versor Investments LP 0.03% New 12,200 $184K
BNP Paribas Financial Markets 0.00% Reduce -41.5% 12,124 $183K
Quantinno Capital Management LP 0.00% New 11,829 $178K
Stephens Inc. 0.00% New 11,536 $174K
Dynamic Technology Lab Private Ltd 0.04% Reduce -69.2% 11,314 $171K
Kings Path Partners LLC 0.06% New 10,825 $163K
Sanctuary Advisors, LLC 0.00% New 10,748 $162K
LVW Advisors, LLC 0.02% No change 10,471 $158K
ProShare Advisors LLC 0.00% Reduce -35.5% 10,018 $151K
Harbor Capital Advisors, Inc. 0.01% Reduce -0.8% 9,336 $141K
AdvisorShares Investments LLC 0.02% New 7,516 $113K
Kestra Advisory Services, LLC 0.00% New 7,371 $111K
Citigroup Inc. 0.00% Reduce -61.6% 6,960 $105K
Comerica Bank 0.00% Reduce -25.6% 6,385 $96K
Ameritas Investment Partners, Inc. 0.00% Add +15.0% 4,467 $67K
1620 Investment Advisors, Inc. 0.04% Add +15.2% 4,447 $67K
Kemnay Advisory Services Inc. 0.01% New 4,353 $66K
State of Wyoming 0.01% New 4,243 $64K
Rockefeller Capital Management L.P. 0.00% New 4,153 $63K
Assetmark, Inc. 0.00% Add +19.8% 3,545 $53K
US Bancorp \de 0.00% Reduce -55.4% 2,195 $33K
Amalgamated Bank 0.00% Add +30.6% 1,729 $26K
Fifth Third Bancorp 0.00% No change 1,696 $26K
Tower Research Capital LLC (TRC) 0.00% Reduce -57.9% 1,584 $24K
Quarry LP 0.00% Add +55.4% 1,529 $23K
Osaic Holdings, Inc. 0.00% Reduce -34.3% 1,478 $22K
Pinnacle Wealth Planning Services, Inc. 0.00% New 1,395 $21K
Sunbelt Securities, Inc. 0.00% Reduce -25.3% 1,301 $20K
Caitong International Asset Management Co., Ltd 0.00% New 1,268 $19K
Caldwell Trust Co 0.00% No change 1,200 $18K
Cwm, LLC 0.00% Add +225.9% 1,033 $16K
Jones Financial Companies LLLP 0.00% Reduce -49.7% 930 $14K
Nisa Investment Advisors, LLC 0.00% Add +113.1% 848 $13K
HM Payson & Co. 0.00% New 662 $10K
Versant Capital Management, Inc 0.00% New 568 $9K
Quadrant Capital Group LLC 0.00% Reduce -1.8% 542 $8K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +66.2% 502 $8K
International Assets Investment Management, LLC 0.00% New 506 $8K
GAMMA Investing LLC 0.00% Add +106.3% 462 $7K
Huntington National Bank 0.00% Reduce -1.3% 451 $7K
Optiver Holding B.V. 0.00% Add +45.0% 374 $6K
Aster Capital Management (DIFC) Ltd 0.00% New 302 $5K
Arax Advisory Partners 0.00% Add +134.9% 296 $4K
Private Trust Co. NA 0.00% No change 281 $4K
Los Angeles Capital Management LLC 0.00% New 195 $3K
CIBC Private Wealth Group LLC 0.00% New 213 $3K
Fourth Dimension Wealth, LLC 0.00% No change 200 $3K
Rachor Investment Advisory Services, LLC 0.00% — 164 $2K
Global Retirement Partners, LLC 0.00% Add +15.4% 157 $2K
EverSource Wealth Advisors, LLC 0.00% Add +45.5% 144 $2K
Farther Finance Advisors, LLC 0.00% No change 110 $2K
Smartleaf Asset Management LLC 0.00% Add +15.7% 81 $1K
Rothschild Investment LLC 0.00% Add +14.3% 80 $1K
Steward Partners Investment Advisory, LLC 0.00% No change 77 $1K
WPG Advisers, LLC 0.00% Reduce -30.1% 72 $1K
SJS Investment Consulting Inc. 0.00% New 66 $996
Torren Management, LLC 0.00% — 37 $558
Parkside Financial Bank & Trust 0.00% New 35 $528
True Wealth Design, LLC 0.00% New 30 $453
Essential Partners LLC 0.00% Add +2000.0% 21 $317
IFP Advisors, Inc 0.00% New 15 $226
Allworth Financial LP 0.00% No change 2 $31
National Bank of Canada 0.00% New 2 $30
SBI Securities Co., Ltd. 0.00% Reduce -50.0% 1 $15
Fortitude Family Office, LLC 0.00% Reduce -94.1% 1 $15
Covestor Ltd 0.00% Reduce -20.0% 4 $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.