Aquatic Capital Management’s First Watch Restaurant Group FWRG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-17,990	Closed	-$271K	–	1535
2025 Q4	$271K	Buy	17,990 +13,020	+262%	+$219K	0.01%	913
2025 Q3	$77.7K	Sell	4,970 -38,050	-88%	-$663K	﹤0.01%	1245
2025 Q2	$690K	Buy	+43,020	New	+$722K	0.01%	739
2024 Q4	–	Sell	-28,200	Closed	-$440K	–	1431
2024 Q3	$440K	Buy	28,200 +20,100	+248%	+$320K	0.01%	670
2024 Q2	$142K	Buy	+8,100	New	+$169K	0.01%	831
2024 Q1	–	Sell	-46,900	Closed	-$943K	–	1369
2023 Q4	$943K	Buy	46,900 +12,600	+37%	+$227K	0.02%	488
2023 Q3	$593K	Buy	34,300 +26,500	+340%	+$489K	0.02%	449
2023 Q2	$132K	Sell	7,800 -700	-8%	-$11.6K	0.01%	770
2023 Q1	$137K	Sell	8,500 -5,300	-38%	-$83K	0.01%	673
2022 Q4	$187K	Buy	+13,800	New	+$210K	0.01%	750