Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in NWG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FMR LLC | 18.2M | $320.1M | +24.6% | 0.913% | 0.01% |
| 2 | BNP PARIBAS FINANCIAL MARKETS | 12.6M | $222.8M | +7347.4% | 0.636% | 0.08% |
| 3 | Capital International Investors | 12.7M | $221.7M | -0.5% | 0.639% | 0.05% |
| 4 | JONES FINANCIAL COMPANIES LLLP | 12.5M | $215.2M | +0.2% | 0.628% | 0.09% |
| 5 | MORGAN STANLEY | 10.2M | $179.4M | +21.1% | 0.512% | 0.01% |
| 6 | BANK OF AMERICA CORP /DE/ | 7.8M | $138.3M | +12.9% | 0.394% | 0.01% |
| 7 | GOLDMAN SACHS GROUP INC | 7.3M | $128.9M | +1.2% | 0.368% | 0.01% |
| 8 | JPMORGAN CHASE & CO | 6.3M | $110.2M | +169.3% | 0.318% | 0.01% |
| 9 | DIMENSIONAL FUND ADVISORS LP | 5.0M | $88.4M | +0.0% | 0.252% | 0.02% |
| 10 | NORTHERN TRUST CORP | 4.6M | $80.8M | -9.5% | 0.231% | 0.01% |
| 11 | AMERICAN CENTURY COMPANIES INC | 4.2M | $74.8M | +68.2% | 0.213% | 0.03% |
| 12 | TODD ASSET MANAGEMENT LLC | 3.9M | $68.7M | -0.4% | 0.196% | 1.22% |
| 13 | Fisher Asset Management, LLC | 3.7M | $66.0M | -91.2% | 0.188% | 0.02% |
| 14 | JANE STREET GROUP, LLC | 3.5M | $61.7M | +58.3% | 0.176% | 0.01% |
| 15 | CAUSEWAY CAPITAL MANAGEMENT LLC | 3.5M | $61.5M | +16.7% | 0.175% | 0.67% |
| 16 | BlackRock, Inc. | 3.3M | $58.1M | +16.1% | 0.166% | 0.00% |
| 17 | BANK OF MONTREAL /CAN/ | 3.1M | $55.1M | +1019.3% | 0.157% | 0.02% |
| 18 | ROYAL BANK OF CANADA | 3.1M | $54.1M | +5.3% | 0.154% | 0.01% |
| 19 | RAYMOND JAMES FINANCIAL INC | 2.8M | $48.5M | -23.6% | 0.138% | 0.01% |
| 20 | ENVESTNET ASSET MANAGEMENT INC | 2.4M | $41.8M | -25.5% | 0.119% | 0.00% |
| 21 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.3M | $40.3M | +1.8% | 0.115% | 0.01% |
| 22 | ABC ARBITRAGE SA | 1.9M | $32.8M | +44.0% | 0.093% | 3.54% |
| 23 | CIBC WORLD MARKET INC. | 1.9M | $32.8M | +2.8% | 0.093% | 0.05% |
| 24 | MILLENNIUM MANAGEMENT LLC | 1.8M | $31.1M | +0.7% | 0.089% | 0.01% |
| 25 | WELLS FARGO & COMPANY/MN | 1.6M | $29.1M | -30.3% | 0.083% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NWG — a direct measure of their conviction.
Filings activity in NWG during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 428 | +4.1% | 10.01% | 0.27 pp | $3.17B | +14% |
| Q1 2026 | 411 | +1.7% | 10.28% | +0.70 pp | $2.79B | 8.0% |
| Q4 2025 | 404 | +9.5% | 9.58% | +0.00 pp | $3.03B | +24% |
| Q3 2025 | 369 | +1.7% | 9.58% | +0.19 pp | $2.45B | +4.7% |
| Q2 2025 | 363 | +14% | 9.39% | +1.51 pp | $2.34B | +40% |
| Q1 2025 | 319 | +11% | 7.88% | +1.56 pp | $1.67B | +74% |
| Q4 2024 | 288 | +7.9% | 6.32% | +1.77 pp | $965M | +14% |
| Q3 2024 | 267 | — | 4.55% | — | $846M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NWG stock.
Based on Q2 2026 13F filings, institutional ownership of NatWest Group plc stands at 10.0%, held across 428 reporting institutions.
FMR LLC is the largest reported institutional holder of NWG, with approximately 18,156,932 shares worth $0.32B as of Q2 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of NWG, including Fisher Asset Management, LLC, JANE STREET GROUP, LLC, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for NWG is 58 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
56 institutions opened new positions in NWG during Q2 2026, while 42 fully exited. 296 added to existing positions and 61 trimmed.
NWG institutional ownership fell by 0.27 percentage points quarter-over-quarter, with a net change of +17 holders.
The top 10 institutions account for 53.8% of all reported 13F value in NWG, and the top 25 account for 77.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
NatWest Group plc (NWG) Institutional Ownership