First Watch Restaurant Group
FWRG
100 hedge funds and large institutions have $826M invested in First Watch Restaurant Group in 2022 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 6 closing their positions.
467% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 6
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
39% more funds holding
Funds holding: 72 → 100 (+28)
1.06% more ownership
Funds ownership: 95.52% → 96.58% (+1.1%)
2% more capital invested
Capital invested by funds: $813M → $826M (+$12.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
90% less call options, than puts
Call options by funds: $2K | Put options by funds: $21K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$23.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$8.76M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$7.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.54M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$6.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Advent International
Boston,
Massachusetts
|
-$73.1M |
| 2 |
Neuberger Berman Group
New York
|
-$4.93M |
| 3 |
LCG
Lisanti Capital Growth
New York
|
-$2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.77M |
| 5 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
HSBC Holdings
London,
United Kingdom
| – | -$158K | -11,104 | Closed |
|
|
PP
102
PDT Partners
New York
| – | -$147K | -10,204 | Closed |
|
|
SO
103
STRS Ohio
Columbus,
Ohio
| – | -$36K | -2,500 | Closed |
|
104
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$29K | -2,028 | Closed |
|
FWRG Hedge Fund Activity: Q3 2022 in Review
100 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Watch Restaurant Group (FWRG) for Q3 2022, worth a combined $826M — up 1.6% from $813M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FWRG positions and 6 closed out — a net gain of 28 holders — while 32 added to existing stakes and 18 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $23.7M. The largest seller was Advent International, cutting an estimated $73.1M.
- 100 institutional investors held First Watch Restaurant Group (FWRG) as of Q3 2022, up from 72 in Q2 2022.
- Funds reported $826M of First Watch Restaurant Group stock for Q3 2022, up 1.6% quarter-over-quarter.
- 34 funds opened new First Watch Restaurant Group positions in Q3 2022 and 6 closed out, a net change of +28 holders.
- The largest First Watch Restaurant Group buyer in Q3 2022 was Citadel Advisors, an estimated $23.7M added.
- The largest First Watch Restaurant Group seller in Q3 2022 was Advent International, an estimated $73.1M sold.
Based on aggregated 13F filings for Q3 2022.