Cliff Asness’s First Watch Restaurant Group FWRG Stock Holding History

Cliff Asness’s Portfolio FWRG Stock Details FWRG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$6.41M	Buy	497,128 +398,962	+406%	+$4.68M	﹤0.01%	1844
2026 Q1	$1.03M	Buy	98,166 +82,272	+518%	+$1.19M	﹤0.01%	2755
2025 Q4	$240K	Buy	+15,894	New	+$268K	﹤0.01%	3275
2023 Q4	–	Sell	-13,264	Closed	-$229K	–	2373
2023 Q3	$229K	Sell	13,264 -289	-2%	-$5.33K	﹤0.01%	2099
2023 Q2	$229K	Buy	+13,553	New	+$224K	﹤0.01%	2042

Other funds holding FWRG

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

GKIM

GW&K Investment Management Boston, Massachusetts $12.8B AUM 48.82% 1-Year Est. Return

SIMG

Stephens Investment Management Group Houston, Texas $9.33B AUM 56.1% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.51B AUM 85.85% 1-Year Est. Return

Cliff Asness's FWRG Position: Q2 2026 in Review

Cliff Asness increased its First Watch Restaurant Group (FWRG) stake by 406% in Q2 2026, buying an estimated $4.68M and bringing the position to 497,128 shares worth $6.41M. The position accounts for ﹤0.01% of the portfolio, ranked #1844.

Cliff Asness first reported a position in FWRG in Q2 2023 and has held it in 5 quarters since. 204 funds tracked by Wall St. Rank hold FWRG as of Q2 2026.

Cliff Asness held 497,128 shares of First Watch Restaurant Group worth $6.41M as of Q2 2026.
Cliff Asness bought 398,962 First Watch Restaurant Group shares in Q2 2026, an estimated $4.68M.
First Watch Restaurant Group made up ﹤0.01% of Cliff Asness's portfolio in Q2 2026, its #1844 holding.
Cliff Asness first reported a position in First Watch Restaurant Group in Q2 2023 and has held it in 5 quarters since.
204 funds tracked by Wall St. Rank held First Watch Restaurant Group as of Q2 2026.

Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.