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

Penn Capital 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
Q2 		$19M Buy
1,472,751
+331,594
+29% +$3.89M 1.21% 32
2026
Q1 		$12M Buy
1,141,157
+9,605
+0.8% +$139K 0.93% 63
2025
Q4 		$17.1M Buy
1,131,552
+6,199
+0.6% +$104K 1.36% 20
2025
Q3 		$17.6M Buy
1,125,353
+119,462
+12% +$2.08M 1.36% 18
2025
Q2 		$16.2M Sell
1,005,891
-4,864
-0.5% -$81.6K 1.4% 23
2025
Q1 		$16.9M Buy
1,010,755
+275,269
+37% +$5.3M 1.64% 11
2024
Q4 		$13.7M Buy
735,486
+189,597
+35% +$3.35M 1.34% 22
2024
Q3 		$8.54M Buy
545,889
+100,684
+23% +$1.6M 0.78% 61
2024
Q2 		$7.85M Buy
445,205
+403,979
+980% +$8.44M 0.74% 66
2024
Q1 		$1.04M Buy
+41,226
New +$934K 0.09% 122
2023
Q1 		– Sell
-179,001
Closed -$2.42M – 170
2022
Q4 		$2.42M Buy
179,001
+149,179
+500% +$2.27M 0.25% 100
2022
Q3 		$432K Sell
29,822
-3,981
-12% -$64.6K 0.05% 157
2022
Q2 		$487K Buy
+33,803
New +$460K 0.05% 163

Other funds holding FWRG

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Neuberger Berman Group
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

Penn Capital Management's FWRG Position: Q2 2026 in Review

Penn Capital Management increased its First Watch Restaurant Group (FWRG) stake by 29% in Q2 2026, buying an estimated $3.89M and bringing the position to 1,472,751 shares worth $19M. The position accounts for 1.21% of the portfolio, ranked #32.

Penn Capital Management first reported a position in FWRG in Q2 2022 and has held it in 13 quarters since. 207 funds tracked by Wall St. Rank hold FWRG as of Q2 2026.

  • Penn Capital Management held 1,472,751 shares of First Watch Restaurant Group worth $19M as of Q2 2026.
  • Penn Capital Management bought 331,594 First Watch Restaurant Group shares in Q2 2026, an estimated $3.89M.
  • First Watch Restaurant Group made up 1.21% of Penn Capital Management's portfolio in Q2 2026, its #32 holding.
  • Penn Capital Management first reported a position in First Watch Restaurant Group in Q2 2022 and has held it in 13 quarters since.
  • 207 funds tracked by Wall St. Rank held First Watch Restaurant Group as of Q2 2026.

Based on Penn Capital Management's 13F filing for Q2 2026, filed 30 Jul 2026.