Granahan Investment Management, LLC

Position in FWRG — First Watch Restaurant Group, Inc.

CIK 1026710 WALTHAM, MA

Position in FWRG

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$11,402,627

-$10,482,026 QoQ

Shares Held

1,088,037

-25.0% QoQ

Ownership

1.77%

of shares outstanding

% of Portfolio

0.55%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Dec 2021

18 quarters on record

Voting authority Sole 76% Shared 0% None 24%

Consumer Cyclical · as of Mar 31, 2026

Granahan Investment Management, LLC holds $79,886,057 across 4 Restaurants names. FWRG ranks #3 (14.3% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	KRUS	Kura Sushi USA, Inc.	607,917	$42,426,527
2	CAVA	Cava Group, Inc.	303,891	$24,584,781
3	FWRG	First Watch Restaurant Group, Inc. This page	1,088,037	$11,402,627
4	SG	Sweetgreen, Inc.	283,646	$1,472,122

18 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$11,402,627	1,088,037	-25.0%	Shares	Sole	2026-05-15
2025-12-31	$21,884,653	1,451,237	-13.0%	Shares	Sole	2026-02-17
2025-09-30	$26,077,072	1,667,332	+1.2%	Shares	Sole	2025-11-14
2025-06-30	$26,419,933	1,647,128	+3.3%	Shares	Sole	2025-08-14
2025-03-31	$26,544,545	1,594,267	+8.3%	Shares	Sole	2025-05-15
2024-12-31	$27,386,662	1,471,610	+42.7%	Shares	Sole	2025-02-14
2024-09-30	$16,087,546	1,031,253	+53.1%	Shares	Sole	2024-11-14
2024-06-30	$11,826,730	673,504	-1.6%	Shares	Sole	2024-08-14
2024-03-31	$16,853,030	684,526	-7.6%	Shares	Sole	2024-05-15
2023-12-31	$14,892,230	740,907	-3.3%	Shares	Sole	2024-02-14
2023-09-30	$13,250,658	766,377	-3.0%	Shares	Sole	2023-11-14
2023-06-30	$13,349,935	789,937	-9.5%	Shares	Sole	2023-08-14
2023-03-31	$14,013,843	872,593	-6.1%	Shares	Sole	2023-05-15
2022-12-31	$12,568,923	928,967	+0.9%	Shares	Sole	2023-02-14
2022-09-30	$13,326,754	920,356	-3.9%	Shares	Sole	2022-11-14
2022-06-30	$13,803,645	957,257	-21.8%	Shares	Sole	2022-08-15
2022-03-31	$15,966,074	1,223,454	-17.5%	Shares	Sole	2022-05-16
2021-12-31	$24,866,711	1,483,694	—	Shares	Sole	2022-02-14
No filing history on record for this holder in this stock.