206 institutional investment managers reported FWRG positions in their Form 13F filings for Q2 2026, holding 65,361,737 shares worth $842M in total. BlackRock, Inc. reported the largest position.

Are funds buying or selling FWRG?

In Q2 2026, 31 managers opened new FWRG positions, 90 added, 59 trimmed and 34 sold out. Managers that filed in both quarters sold a net 2,254,425 shares.

How current is this FWRG institutional ownership data?

It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Funds · FWRG

Who owns FWRG?

Institutional ownership of First Watch Restaurant Group Inc. from Form 13F, Q2 2026

206 institutional managers reported holding First Watch Restaurant Group Inc. (FWRG) in Form 13F filings for Q2 2026, with 65,361,737 shares worth $842M. The largest reported holder was BlackRock, Inc. Managers that filed both quarters cut a net 2,254,425 shares (-3.3%). 31 opened new positions and 34 sold out.

Funds holding: 206
Value held: $842M
New / sold out: 31 / 34
Net shares, same filers: -3.3%

Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Largest holders of FWRG

Fund	Value	Share of 13F holdings	Shares	Move
BlackRock, Inc.	$58.4M	6.9%	4,534,132	Added
Manufacturers Life Insurance Company, the	$49.3M	5.9%	3,823,982	Added
Bank of New York Mellon Corp	$47.9M	5.7%	3,719,038	Trimmed
Dimensional Fund Advisors LP	$33.5M	4.0%	2,596,946	Trimmed
Vanguard Capital Management LLC	$31.6M	3.8%	2,453,594	Added
Millennium Management LLC	$28.3M	3.4%	2,192,811	Trimmed
Neuberger Berman Group LLC	$26.7M	3.2%	2,069,037	Trimmed
GW&K Investment Management, LLC	$25.9M	3.1%	2,007,096	Added
Stephens Investment Management Group LLC	$25.2M	3.0%	1,953,921	Added
Hodges Capital Management Inc.	$20.5M	2.4%	1,592,384	Added
Emerald Advisers, LLC	$19.7M	2.3%	1,526,759	Added
BWCP, LP	$19.4M	2.3%	1,502,614	Added
Penn Capital Management Company, LLC	$19.0M	2.3%	1,472,751	Added
Geode Capital Management, LLC	$18.6M	2.2%	1,444,283	Added
State Street Corp	$18.1M	2.1%	1,404,572	Added
Granahan Investment Management, LLC	$17.6M	2.1%	1,363,852	Added
Riverbridge Partners LLC	$17.4M	2.1%	1,348,632	Trimmed
Balyasny Asset Management L.P.	$15.6M	1.9%	1,211,627	Added
Bank of America Corp	$13.8M	1.6%	1,069,289	Added
Qube Research & Technologies Ltd	$12.7M	1.5%	981,955	Added
Paralel Advisors LLC	$11.6M	1.4%	900,000	Unchanged
Lazard Asset Management LLC	$10.9M	1.3%	846,050	Trimmed
Emerald Mutual Fund Advisers Trust	$10.6M	1.3%	823,954	Added
Nomura Holdings Inc	$10.6M	1.3%	820,809	Added
Woodline Partners LP	$10.5M	1.2%	816,586	New

Share of 13F holdings is each fund's shares as a share of the 65,361,737 FWRG shares all 13F filers reported, not of shares outstanding.

Biggest buyers in Q2 2026

Balyasny Asset Management L.P. Added+$12.0M
Woodline Partners LP New+$10.5M
Emerald Advisers, LLC Added+$7.5M
Western Standard LLC New+$6.6M
Qube Research & Technologies Ltd Added+$6.4M
Manufacturers Life Insurance Company, the Added+$6.0M
Jane Street Group, LLC New+$6.0M
BlackRock, Inc. Added+$6.0M
Nomura Holdings Inc Added+$5.6M
AQR Capital Management LLC Added+$5.1M

Biggest sellers in Q2 2026

FMR LLC Trimmed-$25.1M
Neuberger Berman Group LLC Trimmed-$19.4M
Millennium Management LLC Trimmed-$13.4M
Lazard Asset Management LLC Trimmed-$12.0M
Silvercrest Asset Management Group LLC Sold out-$11.0M
Morgan Stanley Trimmed-$9.7M
Riverbridge Partners LLC Trimmed-$9.6M
Fred Alger Management, LLC Trimmed-$8.2M
Gilder Gagnon Howe & Co LLC Trimmed-$8.0M
Susquehanna International Group, LLP Trimmed-$7.5M

The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $154M and sold $176M; 90 added and 59 trimmed.

Schedule 13D and 13G filings on FWRG

Owners of more than 5% must file within days, so these can be newer than the 13F data.

2026-04-28Bank of New York Mellon Corp SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2026-04-09DIMENSIONAL FUND ADVISORS LP SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2026-03-31INTEGRATED CORE STRATEGIES (US) LLC SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2026-02-05Neuberger Berman Group LLC SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2026-02-05FMR LLC SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2026-01-30VANGUARD GROUP INC SCHEDULE 13G filed by First Watch Restaurant Group Inc.Schedule 13G
2025-10-17BlackRock, Inc. SCHEDULE 13G filed by BlackRock Inc.Schedule 13G

Questions about FWRG ownership

Who owns FWRG stock?: 206 institutional investment managers reported FWRG positions in their Form 13F filings for Q2 2026, holding 65,361,737 shares worth $842M in total. BlackRock, Inc. reported the largest position.
Are funds buying or selling FWRG?: In Q2 2026, 31 managers opened new FWRG positions, 90 added, 59 trimmed and 34 sold out. Managers that filed in both quarters sold a net 2,254,425 shares.
How current is this FWRG institutional ownership data?: It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to FWRG by CUSIP. Options are left out. FWRG news and filings · FWRG insider trades · Top funds