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

Ownership Summary

Recent 13F filings as of September 2025 show that 182 institutional investors hold a position in First Watch Restaurant Group, Inc. (NASDAQ:FWRG).

• The collective stake of institutional investors in First Watch Restaurant Group moved to 118.8% in September 2025, a shift up from the 114.3% reported for June 2025.
• On a quarter-over-quarter basis, institutional holdings shifted by 3.29%, with a year-over-year an increase of 35.82% in the count of filers.
• During the quarter, 103 institutions bought more First Watch Restaurant Group shares, 52 sold shares, and 27 of the 182 total investors held their position steady.
• The aggregate institutional position in First Watch Restaurant Group now stands at 72.52Mn shares as of September 2025, after investors increased their holdings (up by 2.31Mn shares quarter on quarter which is up 7.07Mn shares year over year).
• ADVENT INTERNATIONAL, L.P. continues to be the largest institutional holder of First Watch Restaurant Group as of September 30, 2025, with a position of 5.29Mn shares, representing 8.67% of the company's outstanding stock.
• Among the most significant buyers of First Watch Restaurant Group during September 2025 were Bank of New York Mellon Corp (1.53Mn), CITADEL ADVISORS LLC (1.47Mn), GOLDMAN SACHS GROUP INC (1.15Mn), Woodline Partners LP (1.14Mn), BALYASNY ASSET MANAGEMENT L.P. (784.98K).
• Leading sellers of First Watch Restaurant Group stock in September 2025 included ADVENT INTERNATIONAL, L.P. (9.40Mn), MANUFACTURERS LIFE INSURANCE COMPANY, THE (583.51K), UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (358.64K), Ghisallo Capital Management LLC (339.11K), JPMORGAN CHASE & CO (236.49K).
• The top 10 institutional holders of First Watch Restaurant Group for the quarter ending September 2025 included ADVENT INTERNATIONAL, L.P. (5.29Mn), BlackRock, Inc. (3.12Mn), VANGUARD GROUP INC (2.89Mn), FMR LLC (2.54Mn), DIMENSIONAL FUND ADVISORS LP (2.44Mn), GILDER GAGNON HOWE & CO LLC (2.15Mn), LAZARD ASSET MANAGEMENT LLC (2.13Mn), JPMORGAN CHASE & CO (1.98Mn), Champlain Investment Partners, LLC (1.92Mn), Bank of New York Mellon Corp (1.87Mn).