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

Foxhaven 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
2025 Q2	–	Sell	-1,849,570	Closed	-$30.8M	–	19
2025 Q1	$30.8M	Sell	1,849,570 -68,809	-4%	-$1.32M	0.94%	17
2024 Q4	$35.7M	Hold	1,918,379	–	–	0.96%	19
2024 Q3	$29.9M	Sell	1,918,379 -101,629	-5%	-$1.62M	0.84%	18
2024 Q2	$35.5M	Hold	2,020,008	–	–	0.99%	16
2024 Q1	$49.7M	Buy	2,020,008 +973,646	+93%	+$22.1M	1.34%	20
2023 Q4	$21M	Buy	1,046,362 +321,375	+44%	+$5.79M	0.6%	20
2023 Q3	$12.5M	Buy	+724,987	New	+$13.4M	0.4%	26

Other funds holding FWRG

Advent International Boston, Massachusetts $17.7B AUM 5.23% 1-Year Est. Return

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

GGHC

Gilder Gagnon Howe & Co New York $9.7B AUM 55.7% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $3.89B AUM 16.15% 1-Year Est. Return

Foxhaven Asset Management's FWRG Position: Q2 2025 in Review

Foxhaven Asset Management sold out of First Watch Restaurant Group (FWRG) in Q2 2025, closing a stake of 1,849,570 shares — an estimated $30.8M sold.

Foxhaven Asset Management first reported a position in FWRG in Q3 2023 and held it in 7 quarters. The position peaked at $49.7M in Q1 2024. 165 funds tracked by Wall St. Rank hold FWRG as of Q2 2025.

Foxhaven Asset Management reported no remaining First Watch Restaurant Group position as of Q2 2025 after selling out during the quarter.
Foxhaven Asset Management sold 1,849,570 First Watch Restaurant Group shares in Q2 2025, an estimated $30.8M.
Foxhaven Asset Management first reported a position in First Watch Restaurant Group in Q3 2023 and held it in 7 quarters.
Foxhaven Asset Management's First Watch Restaurant Group position peaked at $49.7M in Q1 2024.
165 funds tracked by Wall St. Rank held First Watch Restaurant Group as of Q2 2025.

Based on Foxhaven Asset Management's 13F filing for Q2 2025, filed 14 Aug 2025.