First Watch Restaurant Group
FWRG
72 hedge funds and large institutions have $813M invested in First Watch Restaurant Group in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
10% more capital invested
Capital invested by funds: $737M → $813M (+$76.1M)
1% more funds holding
Funds holding: 71 → 72 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.16% less ownership
Funds ownership: 95.68% → 95.52% (-0.16%)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3M |
| 2 |
Morgan Stanley
New York
|
+$2.75M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$2.32M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
+$1.88M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$3.63M |
| 2 |
Neuberger Berman Group
New York
|
-$2.75M |
| 3 |
Millennium Management
New York
|
-$1.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.95M |
| 5 |
Renaissance Technologies
New York
|
-$1.31M |
FWRG Hedge Fund Activity: Q2 2022 in Review
72 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Watch Restaurant Group (FWRG) for Q2 2022, worth a combined $813M — up 10% from $737M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FWRG positions and 13 closed out — a net gain of 3 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $3M. The largest seller was Granahan Investment Management, cutting an estimated $3.63M.
- 72 institutional investors held First Watch Restaurant Group (FWRG) as of Q2 2022, up from 71 in Q1 2022.
- Funds reported $813M of First Watch Restaurant Group stock for Q2 2022, up 10% quarter-over-quarter.
- 16 funds opened new First Watch Restaurant Group positions in Q2 2022 and 13 closed out, a net change of +3 holders.
- The largest First Watch Restaurant Group buyer in Q2 2022 was Point72 Asset Management, an estimated $3M added.
- The largest First Watch Restaurant Group seller in Q2 2022 was Granahan Investment Management, an estimated $3.63M sold.
Based on aggregated 13F filings for Q2 2022.