FWRG β€” FIRST WATCH RESTAURANT GROUP

Ownership history in ADVENT INTERNATIONAL, L.P.  Β·  16 quarters on record

AI Ownership Summary

ADVENT INTERNATIONAL, L.P. reported FIRST WATCH RESTAURANT GROUP (FWRG) in 16 quarterly 13F filings from 2023 Q4 through 2025 Q3. Peak portfolio weight reached 11.75% in 2024 Q1. The latest visible filing shows FWRG at 1.67% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this FWRG ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was ADVENT INTERNATIONAL, L.P.'s position in FIRST WATCH RESTAURANT GROUP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

FWRG was reported at 1.67% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
11.75% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FWRG stock page ADVENT INTERNATIONAL, L.P. fund profile ADVENT INTERNATIONAL, L.P. full holdings
How ADVENT INTERNATIONAL, L.P. held FWRG β€” position size vs. price
% of Fund (quarterly)    FWRG price (quarter-end, indexed to 100)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 5,289,784 -9,400,000 -64.0% 1.67% $82.7M 2025-11-14 $16.97
2025 Q2 REDUCED 14,689,784 -4,500,000 -23.4% 7.64% $235.6M 2025-08-14 $17.86
2025 Q1 UNCHANGED 19,189,784 β€” 0% 10.11% $319.5M 2025-05-15 $17.05
2024 Q4 REDUCED 19,189,784 -8,000,000 -29.4% 8.34% $357.1M 2025-02-14 $20.61
2024 Q3 UNCHANGED 27,189,784 β€” 0% 8.98% $424.2M 2024-11-14 $18.93
2024 Q2 UNCHANGED 27,189,784 β€” 0% 11.41% $477.5M 2024-08-14 $16.10
2024 Q1 REDUCED 27,189,784 -6,900,000 -20.2% 11.75% $669.4M 2024-05-15 $19.15
2023 Q4 UNCHANGED 34,089,784 β€” 0% 9.18% $685.2M 2024-02-14 $23.79
8 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding FWRG

As of 2026 Q1 β€” sorted by position size

MOODY NATIONAL BANK TRUST DIVISION 3Y 7Y 0.08% Versant Capital Management, Inc 3Y 7Y 0.0% Park Place Capital Corp 3Y 0.0% Farther Finance Advisors, LLC 0.0%

FAQ About ADVENT INTERNATIONAL, L.P. and FWRG

These are the practical questions this page is built to answer before you even open the full history table.

How long has ADVENT INTERNATIONAL, L.P. reported owning FWRG?

ADVENT INTERNATIONAL, L.P. reported FWRG across 8 quarterly 13F filings, from 2023 Q4 through 2025 Q3.

What was the largest reported FWRG position in ADVENT INTERNATIONAL, L.P.'s portfolio?

The largest reported portfolio weight for FWRG was 11.75% in 2024 Q1.

What is the latest reported FWRG position on this page?

The most recent filing on this page is 2025 Q3, when ADVENT INTERNATIONAL, L.P. reported 5,289,784 shares, equal to 1.67% of portfolio, with an estimated market value of $82.7M.

What does the chart on this FWRG ownership page compare?

The chart compares ADVENT INTERNATIONAL, L.P.'s quarterly FWRG portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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