Deepwater Asset Management’s First Watch Restaurant Group FWRG Stock Holding History

Deepwater Asset Management’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 Q1	–	Sell	-576,166	Closed	-$8.69M	–	45
2025 Q4	$8.69M	Sell	576,166 -148,548	-20%	-$2.5M	2.53%	18
2025 Q3	$11.3M	Buy	724,714 +93,662	+15%	+$1.63M	4.51%	16
2025 Q2	$10.1M	Sell	631,052 -50,287	-7%	-$844K	4.01%	17
2025 Q1	$11.3M	Sell	681,339 -107,131	-14%	-$2.06M	4.8%	17
2024 Q4	$14.7M	Sell	788,470 -14,155	-2%	-$250K	4.79%	14
2024 Q3	$12.5M	Buy	802,625 +106,976	+15%	+$1.7M	4.4%	17
2024 Q2	$12.2M	Buy	695,649 +282,765	+68%	+$5.91M	4.44%	19
2024 Q1	$10.2M	Buy	412,884 +302,878	+275%	+$6.86M	3.83%	18
2023 Q4	$2.21M	Buy	+110,006	New	+$1.98M	0.88%	20

Other funds holding FWRG

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

GKIM

GW&K Investment Management Boston, Massachusetts $11.3B AUM 31.98% 1-Year Est. Return

Deepwater Asset Management's FWRG Position: Q1 2026 in Review

Deepwater Asset Management sold out of First Watch Restaurant Group (FWRG) in Q1 2026, closing a stake of 576,166 shares — an estimated $8.69M sold.

Deepwater Asset Management first reported a position in FWRG in Q4 2023 and held it in 9 quarters. The position peaked at $14.7M in Q4 2024. 211 funds tracked by Wall St. Rank hold FWRG as of Q1 2026.

Deepwater Asset Management reported no remaining First Watch Restaurant Group position as of Q1 2026 after selling out during the quarter.
Deepwater Asset Management sold 576,166 First Watch Restaurant Group shares in Q1 2026, an estimated $8.69M.
Deepwater Asset Management first reported a position in First Watch Restaurant Group in Q4 2023 and held it in 9 quarters.
Deepwater Asset Management's First Watch Restaurant Group position peaked at $14.7M in Q4 2024.
211 funds tracked by Wall St. Rank held First Watch Restaurant Group as of Q1 2026.

Based on Deepwater Asset Management's 13F filing for Q1 2026, filed 14 May 2026.