DaveManuel.com · Institutional Ownership · Who Owns It
FIRST WATCH RESTAURANT GROUP (FWRG)
Institutional ownership reported to the SEC as of Q2 2026, across 20 quarters.
208
Reporting holders
$849.6M
Reported value
105.9%
Of shares outstanding
0.1%
Calls
0.8%
Puts
-5
Holder change
Institutions report 65,362,256 shares against 61,712,435 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $58.4M | 4,534,132 | 0.00% | 8q | +11.4%+$6.0M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $49.3M | 3,823,982 | 0.04% | 13q | +13.9%+$6.0M |
| Bank of New York Mellon Corp | $47.9M | 3,719,038 | 0.01% | 19q | -6.0%-$3.1M |
| DIMENSIONAL FUND ADVISORS LP | $33.5M | 2,596,946 | 0.01% | 14q | -15.8%-$6.3M |
| VANGUARD CAPITAL MANAGEMENT LLC | $31.6M | 2,453,594 | 0.00% | 2q | +2.1%+$660.0K |
| MILLENNIUM MANAGEMENT LLC | $28.3M | 2,192,811 | 0.01% | 6q | -32.2%-$13.4M |
| NEUBERGER BERMAN GROUP LLC | $26.7M | 2,069,037 | 0.02% | 19q | -42.1%-$19.4M |
| GW&K Investment Management, LLC | $25.9M | 2,007,096 | 0.20% | 18q | +2.4%+$617.8K |
| Stephens Investment Management Group LLC | $25.2M | 1,953,921 | 0.27% | 12q | +17.7%+$3.8M |
| Hodges Capital Management Inc. | $20.5M | 1,592,384 | 1.36% | 4q | +7.5%+$1.4M |
| EMERALD ADVISERS, LLC | $19.7M | 1,526,759 | 0.46% | 5q | +61.2%+$7.5M |
| BWCP, LP | $19.4M | 1,502,614 | 2.77% | 2q | +10.6%+$1.9M |
| Penn Capital Management Company, LLC | $19.0M | 1,472,751 | 1.21% | 10q | +29.1%+$4.3M |
| GEODE CAPITAL MANAGEMENT, LLC | $18.6M | 1,444,283 | 0.00% | 19q | +10.6%+$1.8M |
| STATE STREET CORP | $18.1M | 1,404,572 | 0.00% | 19q | +17.7%+$2.7M |
| Granahan Investment Management, LLC | $17.6M | 1,363,852 | 0.63% | 19q | +25.3%+$3.6M |
| RIVERBRIDGE PARTNERS LLC | $17.4M | 1,348,632 | 0.49% | 5q | -35.5%-$9.6M |
| Balyasny Asset Management L.P. | $15.6M | 1,211,627 | 0.02% | 2q | +331.2%+$12.0M |
| BANK OF AMERICA CORP /DE/ | $13.8M | 1,069,289 | 0.00% | 19q | +1.6%+$217.4K |
| Qube Research & Technologies Ltd | $12.7M | 981,955 | 0.01% | 4q | +100.9%+$6.4M |
| Paralel Advisors LLC | $11.6M | 900,000 | 0.45% | 10q | HELD |
| LAZARD ASSET MANAGEMENT LLC | $10.9M | 846,050 | 0.02% | 7q | -52.5%-$12.0M |
| EMERALD MUTUAL FUND ADVISERS TRUST | $10.6M | 823,954 | 0.37% | 5q | +44.7%+$3.3M |
| NOMURA HOLDINGS INC | $10.6M | 820,809 | 0.01% | 2q | +114.5%+$5.6M |
| Woodline Partners LP | $10.5M | 816,586 | 0.03% | new | NEW |
| NEW YORK STATE COMMON RETIREMENT FUND | $10.1M | 779,810 | 0.01% | 19q | +10.4%+$949.6K |
| Russell Investments Group, Ltd. | $9.8M | 758,854 | 0.01% | 17q | +16.3%+$1.4M |
| Champlain Investment Partners, LLC | $9.6M | 745,333 | 0.25% | 9q | -2.6%-$252.6K |
| CITADEL ADVISORS LLC | $9.4M incl. $1.0M options CALL+PUT | 650,156 | 0.00% | 7q | +33.1%+$2.3M |
| MORGAN STANLEY | $9.1M | 708,261 | 0.00% | 19q | -51.5%-$9.7M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $8.4M | 649,571 | 0.00% | 2q | +17.7%+$1.3M |
| UBS Group AG | $7.4M | 576,567 | 0.00% | 10q | -39.6%-$4.9M |
| JANE STREET GROUP, LLC | $7.2M incl. $1.2M options CALL+PUT | 462,831 | 0.00% | 5q | HELD |
| ROYCE & ASSOCIATES LP | $7.2M | 556,352 | 0.06% | 3q | +88.5%+$3.4M |
| Western Standard LLC | $6.6M | 513,240 | 2.24% | new | NEW |
| NORTHERN TRUST CORP | $6.6M | 508,859 | 0.00% | 19q | +3.2%+$204.5K |
| AQR CAPITAL MANAGEMENT LLC | $6.4M | 497,128 | 0.00% | 3q | +406.4%+$5.1M |
| Clearbridge Investments, LLC | $5.5M | 428,269 | 0.00% | 7q | +1.4%+$74.2K |
| SEI INVESTMENTS CO | $5.4M | 422,637 | 0.00% | 16q | -9.1%-$543.2K |
| BROWN ADVISORY INC | $5.2M | 403,737 | 0.01% | 19q | +62.4%+$2.0M |
| GOLDMAN SACHS GROUP INC | $5.2M | 402,045 | 0.00% | 19q | -1.9%-$101.5K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $5.1M | 397,555 | 0.00% | 19q | -3.0%-$157.9K |
| Quantinno Capital Management LP | $5.0M | 388,652 | 0.01% | 3q | +112.2%+$2.6M |
| Empowered Funds, LLC | $4.7M | 362,916 | 0.02% | 2q | +117.9%+$2.5M |
| Hudson Bay Capital Management LP | $4.6M | 353,827 | 0.01% | new | NEW |
| FRANKLIN RESOURCES INC | $4.4M | 341,123 | 0.00% | 10q | -2.1%-$94.1K |
| ArrowMark Colorado Holdings LLC | $4.2M | 324,343 | 0.17% | 8q | -34.8%-$2.2M |
| FRED ALGER MANAGEMENT, LLC | $4.2M | 324,194 | 0.01% | 4q | -66.1%-$8.2M |
| VANGUARD FIDUCIARY TRUST CO | $4.2M | 322,940 | 0.00% | 2q | -4.2%-$181.1K |
| Ancora Advisors LLC | $4.1M | 319,802 | 0.08% | 7q | +111.4%+$2.2M |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | $4.0M | 314,117 | 0.26% | 2q | +148.4%+$2.4M |
| KENNEDY CAPITAL MANAGEMENT LLC | $4.0M | 311,327 | 0.07% | 2q | -1.9%-$76.4K |
| KORNITZER CAPITAL MANAGEMENT INC /KS | $4.0M | 310,837 | 0.08% | 19q | HELD |
| TUDOR INVESTMENT CORP ET AL | $3.7M | 287,727 | 0.01% | 2q | +274.0%+$2.7M |
| Corient Private Wealth LP | $3.7M | 285,062 | 0.01% | 2q | +105.3%+$1.9M |
| CITIGROUP INC | $3.3M | 253,832 | 0.00% | 19q | +483.5%+$2.7M |
| RAYMOND JAMES FINANCIAL INC | $3.3M | 252,823 | 0.00% | 7q | +15.8%+$444.8K |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | $3.1M | 244,146 | 0.03% | 8q | -36.1%-$1.8M |
| Avory & Company, LLC | $2.9M | 228,237 | 3.68% | 6q | -10.2%-$334.0K |
| Verition Fund Management LLC | $2.8M | 220,122 | 0.01% | new | NEW |
| Crawford Fund Management, LLC | $2.8M PUT | options only | 0.43% | 2q | OPTIONS |
| PANAGORA ASSET MANAGEMENT INC | $2.8M | 218,530 | 0.01% | new | NEW |
| Access Investment Management LLC | $2.7M | 212,719 | 0.70% | 2q | +32.0%+$664.0K |
| Nuveen, LLC | $2.7M | 205,989 | 0.00% | 6q | +157.7%+$1.6M |
| First Dallas Securities Inc. | $2.3M | 177,250 | 0.76% | 3q | +6.3%+$135.3K |
| ENVESTNET ASSET MANAGEMENT INC | $2.3M | 176,566 | 0.00% | 8q | -7.7%-$191.0K |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC | $2.2M | 171,981 | 0.25% | 2q | +13.2%+$257.1K |
| 1492 Capital Management LLC | $2.2M | 170,147 | 0.65% | 2q | -1.6%-$36.0K |
| Diametric Capital, LP | $2.1M | 165,674 | 0.23% | 6q | +111.7%+$1.1M |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $1.9M | 150,157 | 0.03% | new | NEW |
| RICE HALL JAMES & ASSOCIATES, LLC | $1.8M | 138,372 | 0.09% | 9q | -1.1%-$19.1K |
| Graham Capital Management, L.P. | $1.7M | 135,621 | 0.03% | 2q | +940.3%+$1.6M |
| LPL Financial LLC | $1.6M | 125,218 | 0.00% | 7q | +5.6%+$84.9K |
| Invesco Ltd. | $1.6M | 122,401 | 0.00% | 12q | -2.1%-$33.7K |
| Swiss National Bank | $1.5M | 119,600 | 0.00% | 15q | +10.4%+$145.7K |
| GILDER GAGNON HOWE & CO LLC | $1.5M | 116,809 | 0.02% | 14q | -84.2%-$8.0M |
| MOODY NATIONAL BANK TRUST DIVISION | $1.5M | 112,679 | 0.12% | 17q | +38.1%+$400.9K |
| WELLS FARGO & COMPANY/MN | $1.4M | 108,743 | 0.00% | 19q | +160.4%+$863.3K |
| OPPENHEIMER ASSET MANAGEMENT INC. | $1.3M | 104,278 | 0.01% | 7q | -10.7%-$161.9K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.3M incl. $827.5K options PUT | 37,706 | 0.00% | 14q | -93.9%-$20.2M |
| MARSHALL WACE, LLP | $1.3M | 100,623 | 0.00% | 8q | +553.5%+$1.1M |
| AMERICAN CENTURY COMPANIES INC | $1.3M | 98,083 | 0.00% | 7q | +4.9%+$58.6K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1.2M | 92,917 | 0.00% | 11q | +21.8%+$214.2K |
| LANARK FINANCIAL, INC. | $1.1M | 87,983 | 0.08% | 4q | +75.4%+$487.5K |
| Man Group plc | $1.0M | 80,897 | 0.00% | 4q | +53.5%+$363.6K |
| VICTORY CAPITAL MANAGEMENT INC | $1.0M | 79,100 | 0.00% | 5q | +5.5%+$52.8K |
| RHUMBLINE ADVISERS | $1.0M | 77,712 | 0.00% | 18q | +22.2%+$182.0K |
| CIBC WORLD MARKET INC. | $992.5K | 77,000 | 0.00% | 2q | +24.2%+$193.3K |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $973.0K | 75,483 | 0.00% | 19q | -2.4%-$24.4K |
| NATIXIS ADVISORS, LLC | $938.0K | 72,798 | 0.00% | 5q | +18.3%+$144.8K |
| WHITE PINE CAPITAL LLC | $937.7K | 72,747 | 0.22% | 7q | -21.2%-$252.2K |
| Creative Planning | $934.3K | 72,486 | 0.00% | 2q | +96.0%+$457.5K |
| JONES FINANCIAL COMPANIES LLLP | $903.3K | 70,899 | 0.00% | 4q | +20.7%+$154.9K |
| VARCOV Co. | $858.8K | 66,622 | 0.33% | 3q | -20.5%-$220.8K |
| DEUTSCHE BANK AG\ | $834.4K | 64,736 | 0.00% | 19q | +16.5%+$118.0K |
| Sumitomo Mitsui Trust Group, Inc. | $804.2K | 62,393 | 0.00% | 6q | HELD |
| Boston Partners | $791.1K | 61,373 | 0.00% | 3q | -42.4%-$582.6K |
| Arkadios Wealth Advisors | $780.8K | 60,571 | 0.01% | 6q | -15.2%-$139.8K |
| Numerai GP LLC | $780.7K | 60,568 | 0.06% | 2q | -35.7%-$433.7K |
| CANADA PENSION PLAN INVESTMENT BOARD | $764.4K | 59,300 | 0.00% | 5q | +56.9%+$277.1K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-30 | 13G | Vanguard Capital Management | 5.0% |
| 2026-10-27 | 13G/A | BlackRock, Inc. | 7.5% |
| 2026-10-22 | 13G/A | Bank of New York Mellon Corpwith 3 co-filers | 4.5% |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 33 | $11.9M | 1,159,895 | 5 | 12 | 8 | 0.0% |
| Q2 2026 | 208 | $849.6M | 65,362,256 | 31 | 88 | 61 | 0.9% |
| Q1 2026 | 213 | $714.6M | 67,663,805 | 50 | 77 | 59 | 0.7% |
| Q4 2025 | 208 | $1.1B | 70,426,794 | 40 | 92 | 56 | 0.3% |
| Q3 2025 | 185 | $1.2B | 74,570,371 | 33 | 78 | 43 | 0.4% |
| Q2 2025 | 166 | $1.1B | 69,748,084 | 35 | 70 | 44 | 0.3% |
| Q1 2025 | 156 | $1.2B | 70,640,206 | 24 | 66 | 42 | 0.1% |
| Q4 2024 | 154 | $1.3B | 68,218,867 | 36 | 65 | 27 | 0.1% |
| Q3 2024 | 135 | $1.1B | 67,514,778 | 29 | 60 | 25 | 0.1% |
| Q2 2024 | 137 | $1.2B | 66,868,599 | 22 | 53 | 40 | 0.1% |
| Q1 2024 | 145 | $1.6B | 64,372,076 | 44 | 47 | 34 | 0.1% |
| Q4 2023 | 118 | $1.2B | 61,077,067 | 15 | 43 | 28 | 0.1% |
| Q3 2023 | 124 | $1.0B | 60,067,870 | 27 | 49 | 31 | 0.1% |
| Q2 2023 | 113 | $969.4M | 57,320,276 | 31 | 46 | 19 | 0.1% |
| Q1 2023 | 98 | $917.7M | 57,135,755 | 15 | 35 | 27 | 0.0% |
| Q4 2022 | 105 | $768.6M | 56,798,494 | 25 | 37 | 28 | 0.0% |
| Q3 2022 | 98 | $847.1M | 58,495,782 | 37 | 31 | 17 | 0.0% |
| Q2 2022 | 69 | $834.1M | 57,842,805 | 13 | 16 | 23 | 0.0% |
| Q1 2022 | 71 | $756.1M | 57,935,810 | 19 | 24 | 15 | 0.0% |
| Q4 2021 | 69 | $987.3M | 58,908,658 | 69 | 0 | 0 | 0.0% |