First Watch Restaurant Group, Inc. (FWRG) Institutional Ownership

Institutions by Trading Activity

Ownership Statistics

62,834,080Shares Outstanding

69,137,784Shares held by institutions

$835,184,431Value of institutional holdings

110.03%Institutional ownership %

6.65%Shares Changed QoQ

202No. of institutional investors

Shares Owned by Institutions

Shares Purchased/Sold by Institutions

Ownership Summary

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) has 202 institutional investors that have filed 13F reports for the period ending December 2025.

Their combined ownership stood at 108.2% of outstanding shares in December 2025, down from 120.4% in September 2025.
They increased total shares held in FWRG by 5.35% quarter over quarter, and investors in First Watch Restaurant increased 31.17% from a year ago.
Of these 202 holders, 134 added to their stakes in First Watch Restaurant, 56 trimmed positions, and 12 made no changes.
Altogether, these fund groups held 68.01Mn shares in FWRG by December 2025, up by 3.46Mn shares quarter on quarter, and down 2.42Mn shares year over year.
FMR LLC holds the largest position in FWRG at 5.4Mn shares as of December 31, 2025, or 8.59% of shares outstanding.
Leading buyers of First Watch Restaurant shares for the quarter ending December 2025 were FMR LLC (2.85Mn), Neuberger Berman Group LLC (1.58Mn), Woodline Partners LP (838.78K), Goldman Sachs Group Inc (765.21K), FRED ALGER MANAGEMENT, LLC (671.46K).
The largest sales of FWRG for the quarter ending December 2025 came from Jpmorgan Chase & Co (2.07Mn), MARSHALL WACE, LLP (1.11Mn), Bank Of America Corp /De/ (1.11Mn), Champlain Investment Partners, LLC (784.84K), BROWN ADVISORY INC (700.34K).
According to Business Quant data, leading holders of FWRG for December 2025 are FMR LLC (5.4Mn), BlackRock, Inc. (3.73Mn), VANGUARD GROUP INC (3.32Mn), Neuberger Berman Group LLC (3.11Mn), DIMENSIONAL FUND ADVISORS LP (2.58Mn), Goldman Sachs Group Inc (2.16Mn), Woodline Partners LP (2.14Mn), GW&K Investment Management, LLC (2.03Mn), Bank of New York Mellon Corp (2.01Mn), Jpmorgan Chase & Co (1.88Mn).

202 Institutional Holders

69,137,784 Total Shares Held

Rows:

Download Data

Owner Name	Date	Shares Held	Change (QoQ)	Change (%)	Value (USD)
FMR LLC	31 Dec, 2025	5,399,098	2,854,997	112.22%	$81,418,398.00
BlackRock, Inc.	31 Dec, 2025	3,728,708	608,508	19.50%	$56,228,917.00
VANGUARD GROUP INC	31 Dec, 2025	3,320,929	432,634	14.98%	$50,079,610.00
Neuberger Berman Group LLC	31 Dec, 2025	3,109,660	1,579,364	103.21%	$46,893,673.00
DIMENSIONAL FUND ADVISORS LP	31 Dec, 2025	2,576,182	133,402	5.46%	$38,848,674.00
Goldman Sachs Group Inc	31 Dec, 2025	2,162,110	765,211	54.78%	$32,604,618.00
Woodline Partners LP	31 Dec, 2025	2,137,899	838,783	64.57%	$32,239,517.00
GW&K Investment Management, LLC	31 Dec, 2025	2,032,631	311,938	18.13%	$30,653.00
Bank of New York Mellon Corp	31 Dec, 2025	2,011,613	140,760	7.52%	$30,335,118.00
Jpmorgan Chase & Co	31 Dec, 2025	1,882,671	-2,071,865	-52.39%	$28,390,678.00
LOOMIS SAYLES & CO L P	31 Dec, 2025	1,857,812	131,447	7.61%	$28,015,805.00
MANUFACTURERS LIFE INSURANCE COMPANY, THE	31 Dec, 2025	1,850,876	98,500	5.62%	$27,911,210.00
LAZARD ASSET MANAGEMENT LLC	31 Dec, 2025	1,626,821	-502,703	-23.61%	$24,532,467.00
Granahan Investment Management, LLC	31 Dec, 2025	1,451,237	-216,095	-12.96%	$21,884,654.00
Stephens Investment Management Group LLC	31 Dec, 2025	1,367,051	434,987	46.67%	$20,615,129.00
GEODE CAPITAL MANAGEMENT, LLC	31 Dec, 2025	1,202,460	121,651	11.26%	$18,136,489.00
SILVERCREST ASSET MANAGEMENT GROUP LLC	31 Dec, 2025	1,181,594	-94,876	-7.43%	$17,818,438.00
Champlain Investment Partners, LLC	31 Dec, 2025	1,137,880	-784,836	-40.82%	$17,159,230.00
Penn Capital Management Company, LLC	31 Dec, 2025	1,131,552	6,199	0.55%	$17,102,070.00
RIVERBRIDGE PARTNERS LLC	31 Dec, 2025	1,096,029	-92,505	-7.78%	$16,528,114.00

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