FWRG · First Watch Restaurant Group, Inc.

$12.05 +0.35 (+2.99%) At close · Sep 4

Russell 2000 member Rebalance outlook locked

Market Cap

$743.63M

61.71M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 207

Total Value: $844,353,908

Total Shares: 65,504,581

Showing 1–100 of 212 holdings by value · page 1 of 3

Institutional Ownership Trend

19 quarters

Holder Concentration

Across 207 13F filers · Δ vs Mar 31, 2026

Top Holder

6.9%

+0.9 pts

Top 5

26.1%

−0.6 pts

Top 10

41.1%

−2.6 pts

HHI

258

Broadly held−12

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -5

Institutional value: +18.4%

Shares held: -3.7%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large Balyasny Asset Management L.P.	+930,650	1,211,627
Mid EMERALD ADVISERS, LLC	+579,649	1,526,759
Mega JANE STREET GROUP, LLC	+507,231	556,431
Mega Qube Research & Technologies Ltd	+493,165	981,955
Mega MANUFACTURERS LIFE INSURANCE COMPANY, THE	+466,032	3,823,982

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega FMR LLC	−1,944,288	50,833
Mega NEUBERGER BERMAN GROUP LLC	−1,505,281	2,069,037
Mega MILLENNIUM MANAGEMENT LLC	−1,039,436	2,192,811
Large LAZARD ASSET MANAGEMENT LLC	−934,789	846,050
Mega MORGAN STANLEY	−751,773	708,261

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Woodline Partners LP	816,586	$10,525,793
Small Western Standard LLC	513,240	$6,615,663
Large Hudson Bay Capital Management LP	353,827	$4,560,830
Large Verition Fund Management LLC	220,122	$2,837,372
Large PANAGORA ASSET MANAGEMENT INC	218,530	$2,816,851

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large SILVERCREST ASSET MANAGEMENT GROUP LLC	1,048,694	$10,990,313
Large FEDERATED HERMES, INC.	524,032	$5,491,855
Large WASATCH ADVISORS LP	441,416	$4,626,039
Large LOOMIS SAYLES & CO L P	311,740	$3,267,034
Mid Ancora Advisors LLC	151,252	$1,585,120

Filter: New 33 Increased 92 Reduced 61 Sold out 38 Unchanged 21

Showing 100 of 212

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$58,444,957

6.92%

4,534,132

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	46,302	$596,832	1.0%	Sole
BlackRock Asset Management Canada Ltd	234	$3,016	0.0%	Sole
BlackRock Investment Management, LLC	173,126	$2,231,594	3.8%	Sole
BLACKROCK ADVISORS LLC	139,162	$1,793,798	3.1%	Sole
BlackRock Fund Advisors	2,399,702	$30,932,158	52.9%	Sole
BlackRock Institutional Trust Company, N.A.	1,634,340	$21,066,642	36.0%	Sole
BlackRock Fund Managers Ltd.	8,775	$113,109	0.2%	Sole
BlackRock Asset Management Ireland Ltd	50,913	$656,268	1.1%	Sole
BlackRock Asset Management Schweiz AG	8,254	$106,394	0.2%	Sole
Aperio Group, LLC	73,324	$945,146	1.6%	Sole

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$49,291,127

5.84%

3,823,982

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	3,823,982	$49,291,127	100.0%	Defined

Bank of New York Mellon Corp

$47,938,395

5.68%

3,719,038

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	66,003	$850,778	1.8%	Defined
BNY Mellon Securities Corporation	65,208	$840,531	1.8%	Defined
The Bank of New York Mellon	101,878	$1,313,207	2.7%	Defined
BNY Mellon, NA	28,468	$366,952	0.8%	Defined
BNY Mellon Advisors, Inc.	3,150	$40,603	0.1%	Defined
Newton Investment Management North America, LLC joint	3,454,330	$44,526,312	92.9%	Defined
Held directly	1	$12	0.0%	Defined

DIMENSIONAL FUND ADVISORS LP

$33,474,632

3.96%

2,596,946

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	5,007	$64,540	0.2%	Defined
DFA Australia Ltd.	3,720	$47,950	0.1%	Defined
Dimensional Ireland Ltd	89,105	$1,148,563	3.4%	Defined
Held directly	2,499,114	$32,213,579	96.2%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$31,626,826

3.75%

2,453,594

MILLENNIUM MANAGEMENT LLC

$28,265,333

3.35%

2,192,811

NEUBERGER BERMAN GROUP LLC

$26,669,886

3.16%

2,069,037

GW&K Investment Management, LLC

$25,871,466

3.06%

2,007,096

Stephens Investment Management Group LLC

$25,186,041

2.98%

1,953,921

Hodges Capital Management Inc.

$20,525,829

2.43%

1,592,384

EMERALD ADVISERS, LLC

$19,679,923

2.33%

1,526,759

BWCP, LP

$19,368,694

2.29%

1,502,614

Penn Capital Management Company, LLC

$18,983,760

2.25%

1,472,751

GEODE CAPITAL MANAGEMENT, LLC

$18,616,807

2.20%

1,444,283

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	195,876	$2,524,841	13.6%	Defined
Held directly	1,248,407	$16,091,966	86.4%	Defined

STATE STREET CORP

$18,104,933

2.14%

1,404,572

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	1,404,572	$18,104,933	100.0%	Defined

Granahan Investment Management, LLC

$17,580,052

2.08%

1,363,852

RIVERBRIDGE PARTNERS LLC

$17,383,866

2.06%

1,348,632

Balyasny Asset Management L.P.

$15,617,872

1.85%

1,211,627

BANK OF AMERICA CORP /DE/

$13,783,133

1.63%

1,069,289

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	72,402	$933,261	6.8%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	44,824	$577,781	4.2%	Defined
BOFA SECURITIES, INC.	201,926	$2,602,826	18.9%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	750,137	$9,669,265	70.2%	Defined

Qube Research & Technologies Ltd

$12,657,399

1.50%

981,955

Paralel Advisors LLC

$11,601,000

1.37%

900,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SRH ADVISORS, LLC	900,000	$11,601,000	100.0%	Other

LAZARD ASSET MANAGEMENT LLC

$10,905,584

1.29%

846,050

EMERALD MUTUAL FUND ADVISERS TRUST

$10,620,767

1.26%

823,954

NOMURA HOLDINGS INC

$10,580,228

1.25%

820,809

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NOMURA GLOBAL FINANCIAL PRODUCTS INC	820,809	$10,580,228	100.0%	Defined

Woodline Partners LP

$10,525,793

1.25%

816,586

NEW YORK STATE COMMON RETIREMENT FUND

$10,051,750

1.19%

779,810

Russell Investments Group, Ltd.

$9,781,624

1.16%

758,854

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	365,110	$4,706,267	48.1%	Defined
Russell Investments Canada Limited	1,336	$17,221	0.2%	Defined
Russell Investments Capital, LLC	144,991	$1,868,933	19.1%	Defined
Russell Investments France SAS	80,103	$1,032,527	10.6%	Defined
Russell Investments Limited	2,011	$25,921	0.3%	Defined
Russell Investments Trust Company	165,303	$2,130,755	21.8%	Defined

Champlain Investment Partners, LLC

$9,607,342

1.14%

745,333

MORGAN STANLEY

$9,129,480

1.08%

708,261

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	2,378	$30,652	0.3%	Defined
MORGAN STANLEY & CO. LLC	148,679	$1,916,472	21.0%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	494,556	$6,374,826	69.8%	Defined
MORGAN STANLEY SMITH BARNEY LLC	47,911	$617,571	6.8%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	14,737	$189,959	2.1%	Defined

CITADEL ADVISORS LLC

$8,380,510

0.99%

650,156

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	481,438	$6,205,735	74.0%	Defined
Held directly	168,718	$2,174,775	26.0%	Defined

VANGUARD PORTFOLIO MANAGEMENT LLC

$8,372,970

0.99%

649,571

UBS Group AG

$7,431,947

0.88%

576,567

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	3,339	$43,039	0.6%	Defined
UBS AG	573,142	$7,387,800	99.4%	Defined
UBS Securities LLC	86	$1,108	0.0%	Defined

ROYCE & ASSOCIATES LP

$7,171,377

0.85%

556,352

Western Standard LLC

$6,615,663

0.78%

513,240

NORTHERN TRUST CORP

$6,559,190

0.78%

508,859

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	465,750	$6,003,516	91.5%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	33,326	$429,572	6.5%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	9,783	$126,102	1.9%	Other

AQR CAPITAL MANAGEMENT LLC

$6,407,977

0.76%

497,128

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	8	$103	0.0%	Other
Prism Planning Partners LLC	47	$605	0.0%	Other
Arax Advisory Partners	4,403	$56,754	0.9%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	2,706	$34,880	0.5%	Other
Stokes Family Office, LLC	670	$8,636	0.1%	Other
Held directly	489,294	$6,306,999	98.4%	Defined

JANE STREET GROUP, LLC

$5,965,891

0.71%

462,831

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	121,907	$1,571,381	26.3%	Defined
Jane Street Global Trading, LLC	340,924	$4,394,510	73.7%	Defined

Clearbridge Investments, LLC

$5,520,387

0.65%

428,269

SEI INVESTMENTS CO

$5,447,790

0.65%

422,637

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEI INVESTMENTS MANAGEMENT CORP	3,829	$49,355	0.9%	Sole
SEI TRUST CO	418,808	$5,398,435	99.1%	Sole

BROWN ADVISORY INC

$5,204,169

0.62%

403,737

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brown Advisory LLC	403,737	$5,204,169	100.0%	Defined

GOLDMAN SACHS GROUP INC

$5,182,359

0.61%

402,045

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	320,536	$4,131,709	79.7%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	62,687	$808,035	15.6%	Defined
Goldman Sachs Trust Company, N.A.	18,822	$242,615	4.7%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$5,124,483

0.61%

397,555

Quantinno Capital Management LP

$5,009,724

0.59%

388,652

Empowered Funds, LLC

$4,677,986

0.55%

362,916

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Bridgeway Capital Management, LLC	150,157	$1,935,523	41.4%	Other
Avory & Company, LLC	212,759	$2,742,463	58.6%	Other

Hudson Bay Capital Management LP

$4,560,830

0.54%

353,827

FRANKLIN RESOURCES INC

$4,397,075

0.52%

341,123

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PUTNAM INVESTMENT MANAGEMENT LLC	341,123	$4,397,075	100.0%	Defined

ArrowMark Colorado Holdings LLC

$4,180,781

0.50%

324,343

FRED ALGER MANAGEMENT, LLC

$4,178,860

0.49%

324,194

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Weatherbie Capital, LLC	324,194	$4,178,860	100.0%	Sole

VANGUARD FIDUCIARY TRUST CO

$4,162,696

0.49%

322,940

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

$4,048,967

0.48%

314,117

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Landscape High Leverage Fund, LP	59,290	$764,248	18.9%	Defined
LANDSCAPE OFFSHORE HL FUND LTD.	162,855	$2,099,200	51.8%	Defined
Held directly	91,972	$1,185,519	29.3%	Sole

KENNEDY CAPITAL MANAGEMENT LLC

$4,013,005

0.48%

311,327

KORNITZER CAPITAL MANAGEMENT INC /KS

$4,006,688

0.47%

310,837

TUDOR INVESTMENT CORP ET AL

$3,708,801

0.44%

287,727

Corient Private Wealth LLC

$3,674,449

0.44%

285,062

CITIGROUP INC

$3,271,892

0.39%

253,832

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citibank, N.A. joint	5,810	$74,890	2.3%	Defined
Citigroup Financial Products Inc. joint	248,022	$3,197,002	97.7%	Defined

RAYMOND JAMES FINANCIAL INC

$3,258,888

0.39%

252,823

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	206,299	$2,659,194	81.6%	Defined
Raymond James Financial Services Advisors, Inc.	46,524	$599,694	18.4%	Defined

MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC

$3,147,041

0.37%

244,146

Avory & Company, LLC

$2,941,974

0.35%

228,237

Verition Fund Management LLC

$2,837,372

0.34%

220,122

Crawford Fund Management, LLC

$2,820,332

0.33%

218,800

PANAGORA ASSET MANAGEMENT INC

$2,816,851

0.33%

218,530

Access Investment Management LLC

$2,741,947

0.32%

212,719

Nuveen, LLC

$2,655,197

0.31%

205,989

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	246	$3,170	0.1%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	114,700	$1,478,483	55.7%	Defined
TEACHERS ADVISORS, LLC joint	91,043	$1,173,544	44.2%	Defined

First Dallas Securities Inc.

$2,284,752

0.27%

177,250

ENVESTNET ASSET MANAGEMENT INC

$2,275,935

0.27%

176,566

HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC

$2,216,835

0.26%

171,981

1492 Capital Management LLC

$2,193,194

0.26%

170,147

Diametric Capital, LP

$2,135,537

0.25%

165,674

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thakore Nainoor	165,674	$2,135,537	100.0%	Defined

BRIDGEWAY CAPITAL MANAGEMENT, LLC

$1,935,523

0.23%

150,157

RICE HALL JAMES & ASSOCIATES, LLC

$1,783,615

0.21%

138,372

Graham Capital Management, L.P.

$1,748,154

0.21%

135,621

LPL Financial LLC

$1,614,060

0.19%

125,218

Invesco Ltd.

$1,577,747

0.19%

122,401

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	8,275	$106,663	6.8%	Defined
Invesco Trust Co joint	24,700	$318,383	20.2%	Defined
Invesco Capital Management LLC	89,426	$1,152,701	73.1%	Defined

Swiss National Bank

$1,541,644

0.18%

119,600

GILDER GAGNON HOWE & CO LLC

$1,505,668

0.18%

116,809

MOODY NATIONAL BANK TRUST DIVISION

$1,452,432

0.17%

112,679

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MOODY BANCSHARES INC	112,679	$1,452,432	100.0%	Defined

WELLS FARGO & COMPANY/MN

$1,401,696

0.17%

108,743

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	52,657	$678,748	48.4%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	55,335	$713,268	50.9%	Defined
WELLS FARGO CLEARING SERVICES, LLC	751	$9,680	0.7%	Defined

OPPENHEIMER ASSET MANAGEMENT INC.

$1,344,141

0.16%

104,278

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Alger	9,674	$124,697	9.3%	Other
Ancora Advisors	7,598	$97,938	7.3%	Other
GW&K Investment Management	6,725	$86,685	6.4%	Other
Penn Capital	7,149	$92,150	6.9%	Other
Riverbridge Partners	73,132	$942,671	70.1%	Other

MARSHALL WACE, LLP

$1,297,030

0.15%

100,623

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	100,623	$1,297,030	100.0%	Other

AMERICAN CENTURY COMPANIES INC

$1,264,289

0.15%

98,083

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	98,083	$1,264,289	100.0%	Defined

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$1,197,699

0.14%

92,917

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	133	$1,714	0.1%	Defined
UBS Asset Management Switzerland AG	92,784	$1,195,985	99.9%	Defined

NBC SECURITIES, INC.

$1,134,100

0.13%

87,983

Man Group plc

$1,042,762

0.12%

80,897

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Numeric Investors LLC	80,897	$1,042,762	100.0%	Defined

VICTORY CAPITAL MANAGEMENT INC

$1,019,599

0.12%

79,100

RHUMBLINE ADVISERS

$1,001,707

0.12%

77,712

CIBC WORLD MARKET INC.

$992,530

0.12%

77,000

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$972,975

0.12%

75,483

NATIXIS ADVISORS, LLC

$938,366

0.11%

72,798

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Natixis Investment Managers, L.P.	72,798	$938,366	100.0%	Defined

WHITE PINE CAPITAL LLC

$937,708

0.11%

72,747

JANE STREET GROUP, LLC

$937,103

0.11%

72,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	72,700	$937,103	100.0%	Defined

Creative Planning

$934,343

0.11%

72,486

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CREATIVE PLANNING TRUST Co LLC	540	$6,960	0.7%	Defined
Held directly	71,946	$927,383	99.3%	Sole

JONES FINANCIAL COMPANIES LLLP

$913,888

0.11%

70,899

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	70,899	$913,888	100.0%	Sole

CITADEL ADVISORS LLC

$894,566

0.11%

69,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	69,400	$894,566	100.0%	Defined

VARCOV Co.

$858,757

0.10%

66,622

DEUTSCHE BANK AG\

$834,447

0.10%

64,736

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS Investments UK Ltd	64,736	$834,447	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$827,538

0.10%

64,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	64,200	$827,538	100.0%	Other

Sumitomo Mitsui Trust Group, Inc.

$804,245

0.10%

62,393

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amova Asset Management Co., Ltd.	62,393	$804,245	100.0%	Defined

Boston Partners

$791,097

0.09%

61,373

Arkadios Wealth Advisors

$780,760

0.09%

60,571

Numerai GP LLC

$780,721

0.09%

60,568

Key facts CIK 1789940 CUSIP 33748L101 13F (30d) 140 filings 140 filers Visit website Investor relations