First Watch Restaurant Group
FWRG
134 hedge funds and large institutions have $1.02B invested in First Watch Restaurant Group in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 30 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 29
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.21% more ownership
Funds ownership: 108.08% → 108.29% (+0.21%)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
2% less funds holding
Funds holding: 137 → 134 (-3)
11% less capital invested
Capital invested by funds: $1.15B → $1.02B (-$127M)
16% less call options, than puts
Call options by funds: $460K | Put options by funds: $546K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
+$16.5M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$10.5M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
+$5.87M |
| 4 |
JP Morgan Chase
New York
|
+$5.82M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$18.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.8M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$13.6M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$10.2M |
| 5 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$8.53M |
FWRG Hedge Fund Activity: Q3 2024 in Review
134 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Watch Restaurant Group (FWRG) for Q3 2024, worth a combined $1.02B — down 11% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FWRG and 28 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 63 added.
The largest buyer was 12 West Capital Management, adding an estimated $16.5M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $18.4M sold.
- 134 institutional investors held First Watch Restaurant Group (FWRG) as of Q3 2024, down from 137 in Q2 2024.
- Funds reported $1.02B of First Watch Restaurant Group stock for Q3 2024, down 11% quarter-over-quarter.
- 28 funds opened new First Watch Restaurant Group positions in Q3 2024 and 30 closed out, a net change of -2 holders.
- The largest First Watch Restaurant Group buyer in Q3 2024 was 12 West Capital Management, an estimated $16.5M added.
- The largest First Watch Restaurant Group seller in Q3 2024 was Loomis, Sayles & Company, an estimated $18.4M sold.
Based on aggregated 13F filings for Q3 2024.