First Watch Restaurant Group
FWRG
71 hedge funds and large institutions have $737M invested in First Watch Restaurant Group in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 19 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
1% more funds holding
Funds holding: 70 → 71 (+1)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.65% less ownership
Funds ownership: 97.32% → 95.68% (-1.6%)
23% less capital invested
Capital invested by funds: $963M → $737M (-$226M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$4.41M |
| 2 |
Renaissance Technologies
New York
|
+$1.62M |
| 3 |
Goldman Sachs
New York
|
+$1.35M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.23M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.83M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$5.36M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$3.73M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.58M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.48M |
FWRG Hedge Fund Activity: Q1 2022 in Review
71 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Watch Restaurant Group (FWRG) for Q1 2022, worth a combined $737M — down 23% from $963M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FWRG positions and 19 closed out — a net gain of 1 holder — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $4.41M. The largest seller was BlackRock, cutting an estimated $8.83M.
- 71 institutional investors held First Watch Restaurant Group (FWRG) as of Q1 2022, up from 70 in Q4 2021.
- Funds reported $737M of First Watch Restaurant Group stock for Q1 2022, down 23% quarter-over-quarter.
- 20 funds opened new First Watch Restaurant Group positions in Q1 2022 and 19 closed out, a net change of +1 holder.
- The largest First Watch Restaurant Group buyer in Q1 2022 was Neuberger Berman Group, an estimated $4.41M added.
- The largest First Watch Restaurant Group seller in Q1 2022 was BlackRock, an estimated $8.83M sold.
Based on aggregated 13F filings for Q1 2022.