FWRG

First Watch Restaurant Group Cross-source read
Consumer DiscretionaryCUSIP 33748L101

Among active 13F managers last quarter, 12 opened and 30 added, while 19 reduced; the largest holder to move was Neuberger Berman Group LLC (+15%). Over the last 180 days, 7 insiders sold and none bought, a net -$1.4M in open-market trades.

Tracked 13F holders
191
73 in Q2 2026 filings
13F value (tracked)
$737.0M
Smart-money readMixed
Net sellingNet buying
Funds · active managers, latest 13F
42 adding · 19 trimming
Insiders · Form 4 open-market, 180d
0 buying · 7 selling · -$1.4M
US House · STOCK Act, 180d
1 buying · 0 selling · +$8K

The legs disagree, or only one of them leans.

Who owns FWRG?

191 tracked 13F filers · ranked by shares held

191 tracked 13F filers disclose a position in FWRG as of the latest SEC 13F filings, a combined $737.0M in reported value. Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership.

#FundSharesPosition valueLast moveAs ofHistory
1BlackRock, Inc.4.1M
$42.7M
+9.2%
Added · +343K sh
Q1 2026
2Bank of New York Mellon Corp4.0M
$41.5M
+97%
Added · +1.9M sh
Q1 2026
3Neuberger Berman Group LLC3.6M
$37.5M
+15%
Added · +465K sh
Q1 2026
4Manufacturers Life Insurance Company, The3.4M
$35.2M
+81%
Added · +1.5M sh
Q1 2026
5Millennium Management LLC3.2M
$33.9M
56×
Added · +3.2M sh
Q1 2026
6Dimensional Fund Advisors LP3.1M
$32.3M
+20%
Added · +509K sh
Q1 2026
7Vanguard Capital Management LLC2.4M
$25.2M
New filer
Inherited book · not a new buyer
Q1 2026
8FMR LLC2.0M
$20.9M
−63%
Reduced · −3.4M sh
Q1 2026
9Stephens Investment Management Group LLC2.0M
$25.2M
+18%
Added · +294K sh
Q2 2026
10Lazard Asset Management LLC1.8M
$18.7M
+9.5%
Added · +154K sh
Q1 2026
11Hodges Capital Management Inc.1.6M
$20.5M
+7.5%
Added · +111K sh
Q2 2026
12Emerald Advisers, LLC1.5M
$19.7M
+61%
Added · +580K sh
Q2 2026
13BWCP, LP1.5M
$19.4M
+11%
Added · +145K sh
Q2 2026
14Penn Capital Management Company, LLC1.5M
$19.0M
+29%
Added · +332K sh
Q2 2026
15Morgan Stanley1.5M
$15.3M
+175%
Added · +929K sh
Q1 2026
16Geode Capital Management, LLC1.4M
$18.6M
+11%
Added · +139K sh
Q2 2026
17State Street Corp1.4M
$18.1M
+18%
Added · +211K sh
Q2 2026
18Riverbridge Partners LLC1.3M
$17.4M
−36%
Reduced · −743K sh
Q2 2026
19Granahan Investment Management, LLC1.1M
$11.4M
−25%
Reduced · −363K sh
Q1 2026
20Bank Of America Corp1.1M
$11.0M
+77%
Added · +457K sh
Q1 2026
21Silvercrest Asset Management Group LLC1.0M
$11.0M
−11%
Reduced · −133K sh
Q1 2026
22Fred Alger Management, LLC957K
$10.0M
−7.7%
Reduced · −80K sh
Q1 2026
23UBS Group AG954K
$10.0M
+4.9%
Added · +45K sh
Q1 2026
24Paralel Advisors LLC900K
$11.6M
Held
Q2 2026
25Emerald Mutual Fund Advisers Trust824K
$10.6M
+45%
Added · +255K sh
Q2 2026

Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership.

Is FWRG being bought or sold by institutions?

Last quarter, 12 funds opened a new position in FWRG and 30 added to an existing one, while 19 reduced. Based on 13F filings from active, signal-eligible managers (passive index funds and other mechanical holders are excluded from this count).

Opened
12
funds took a first position
Added
30
added to an existing position
Reduced
19
reduced, still holding
Biggest moves · ranked by size of the change, positions above a floor

Funds that own FWRG also own

CompanyCo-held byTheir position there
Microsoft CorpMSFT100 funds$182.4B
Amazon.com IncAMZN98 funds$135.9B
Nvidia CorpNVDA96 funds$270.3B
Apple IncAAPL91 funds$194.8B
Meta Platforms Inc-Class AMETA91 funds$81.5B
Unitedhealth Group IncUNH91 funds$19.5B
Alphabet Inc-CL AGOOGL90 funds$104.6B
Micron Technology IncMU90 funds$23.2B
Costco Wholesale CorpCOST89 funds$24.3B
Eli Lilly & CoLLY88 funds$53.3B
Alphabet Inc-CL CGOOG87 funds$89.3B
Visa Inc-Class A SharesV87 funds$47.2B

Ranked by how many of FWRG's tracked holders also hold each name. The last column is those co-holders' combined reported position in that name, not in FWRG.

Insider activity (Form 4)

Full insider page →
Sells · 180d
$1.4M
7 insiders
Net · 180d
-$1.4M
14 open-market transactions
DateInsiderRoleActionSharesValue
Mar 17, 2026Wolszczak Jay AnthonyChief Legal Officer, GC & SecySell (S)3K$40K
Mar 17, 2026Hope H Melville IIICFO and TreasurerSell (S)4K$49K
Mar 17, 2026Sorensen Laura AnneChief People OfficerSell (S)2K$21K
Mar 17, 2026Tomasso Christopher AnthonyPresident and CEO, DirectorSell (S)25K$314K
Mar 17, 2026Hartman Eric RichardChief Development OfficerSell (S)2K$23K
Mar 17, 2026Jones John DanielChief Operations OfficerSell (S)2K$21K
Mar 17, 2026Eisenacher MatthewChief Brand OfficerSell (S)3K$35K
Mar 10, 2026Sorensen Laura AnneChief People OfficerSell (S)5K$60K
Mar 10, 2026Eisenacher MatthewChief Brand OfficerSell (S)6K$76K
Mar 10, 2026Jones John DanielChief Operations OfficerSell (S)5K$58K
Mar 10, 2026Wolszczak Jay AnthonyChief Legal Officer, GC & SecySell (S)7K$88K
Mar 10, 2026Hope H Melville IIICFO and TreasurerSell (S)7K$93K

Do institutions, insiders and Congress agree?

Mixed signals

Where institutional funds (13F), corporate insiders (Form 4) and US House members (STOCK Act) are buying or selling the same name in the same window. Green is buying, red is selling.

SEC EDGAR 13F + Form 4 + US House STOCK Act{ }get_ticker_confluence · API & MCP

Signals by source

Insiders and Congress: last 180 days. Funds: latest 13F, top 100 holders incl. passive

SourceBuyingSellingNet
13F funds
Top 100 holders by value, passive included; the hero counts active managers only
5326
Insiders
Form 4 open-market
07-$1.4M
US House
STOCK Act trades
10+$8K
Sector rotation
FWRG is in Consumer Discretionary, which smart money is rotating OUT OF
$8.8B

Capital Rotation reports where institutional capital disclosed rotating, as of the latest public SEC 13F filings. It is data, not investment advice, a recommendation, or a prediction. Filings lag about 45 days and cover long US equity positions only. Past disclosed flows do not indicate future prices. Do your own research; consult a licensed advisor.

Institutional ownership over time

73 tracked filers in Q2 2026 filingsstill filing
093186Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
tracked filers holding their reported valueQ2 2026 filings so far: $218.4M
Each bar counts tracked filers with a position in that quarter's filings, so the newest bar excludes filers still on an earlier quarter. Arkolith's tracked universe has grown over this window; part of any long-run rise is coverage, not new buyers.

Recent filings

15 most recent

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Connected entities for FWRG

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Ask your agent what changed in FWRG

This stock page is the public Follow view. For one current, evidence-backed answer, use capital_change_brief through REST or MCP. It compares tracked 13F changes with qualifying Form 4 activity and cites the SEC evidence.

Copy-paste
curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://arkolith.com/api/v1/stocks/FWRG/capital-change-brief"
Ask your agent
Use Arkolith's capital_change_brief for FWRG.
Tell me what changed, whether insider activity
corroborates it, and cite the SEC evidence.

13F holdings + Form 4 insider transactions + the live filing stream, joined for FWRG. Filings are public domain, sourced to SEC EDGAR.