First Watch Restaurant Group
FWRG
106 hedge funds and large institutions have $768M invested in First Watch Restaurant Group in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 20 closing their positions.
233% more call options, than puts
Call options by funds: $50K | Put options by funds: $15K
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
6% more funds holding
Funds holding: 100 → 106 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.63% less ownership
Funds ownership: 96.58% → 95.94% (-0.63%)
7% less capital invested
Capital invested by funds: $826M → $768M (-$57.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$13.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.96M |
| 3 |
Goldman Sachs
New York
|
+$3.02M |
| 4 |
BlackRock
New York
|
+$2.91M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Advent International
Boston,
Massachusetts
|
-$10.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.82M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.92M |
| 4 |
Neuberger Berman Group
New York
|
-$2.06M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.05M |
FWRG Hedge Fund Activity: Q4 2022 in Review
106 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Watch Restaurant Group (FWRG) for Q4 2022, worth a combined $768M — down 7% from $826M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FWRG positions and 20 closed out — a net gain of 7 holders — while 37 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $13.1M. The largest seller was Advent International, cutting an estimated $10.3M.
- 106 institutional investors held First Watch Restaurant Group (FWRG) as of Q4 2022, up from 100 in Q3 2022.
- Funds reported $768M of First Watch Restaurant Group stock for Q4 2022, down 7% quarter-over-quarter.
- 27 funds opened new First Watch Restaurant Group positions in Q4 2022 and 20 closed out, a net change of +7 holders.
- The largest First Watch Restaurant Group buyer in Q4 2022 was Invesco, an estimated $13.1M added.
- The largest First Watch Restaurant Group seller in Q4 2022 was Advent International, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2022.