Ranked by reported Q1 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 | Fisher Asset Management, LLC | 42.5M | $633.0M | +3.8% | 2.134% | 0.21% |
| 2 | FMR LLC | 14.6M | $217.1M | +17.3% | 0.732% | 0.01% |
| 3 | Capital International Investors | 12.8M | $182.8M | -4.4% | 0.641% | 0.04% |
| 4 | JONES FINANCIAL COMPANIES LLLP | 12.5M | $178.1M | +22981.7% | 0.627% | 0.09% |
| 5 | MORGAN STANLEY | 8.4M | $125.3M | -24.0% | 0.422% | 0.01% |
| 6 | GOLDMAN SACHS GROUP INC | 7.2M | $107.7M | +5.3% | 0.363% | 0.01% |
| 7 | BANK OF AMERICA CORP /DE/ | 6.9M | $103.5M | +17.8% | 0.349% | 0.01% |
| 8 | Clearbridge Investments, LLC | 5.2M | $76.8M | -28.7% | 0.259% | 0.07% |
| 9 | NORTHERN TRUST CORP | 5.1M | $75.5M | +11.3% | 0.254% | 0.01% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 5.0M | $74.6M | +0.1% | 0.252% | 0.02% |
| 11 | TODD ASSET MANAGEMENT LLC | 3.9M | $58.3M | -7.7% | 0.196% | 1.14% |
| 12 | RAYMOND JAMES FINANCIAL INC | 3.6M | $53.7M | -6.6% | 0.181% | 0.02% |
| 13 | ENVESTNET ASSET MANAGEMENT INC | 3.2M | $47.4M | +4.6% | 0.160% | 0.01% |
| 14 | CAUSEWAY CAPITAL MANAGEMENT LLC | 3.0M | $44.5M | +88.3% | 0.150% | 0.55% |
| 15 | ROYAL BANK OF CANADA | 2.9M | $43.4M | -4.8% | 0.146% | 0.01% |
| 16 | BlackRock, Inc. | 2.8M | $42.2M | -9.1% | 0.142% | 0.00% |
| 17 | AMERICAN CENTURY COMPANIES INC | 2.5M | $37.6M | +22.5% | 0.127% | 0.02% |
| 18 | WELLS FARGO & COMPANY/MN | 2.4M | $35.3M | -12.6% | 0.119% | 0.01% |
| 19 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.2M | $34.0M | +1.4% | 0.113% | 0.01% |
| 20 | JANE STREET GROUP, LLC | 2.2M | $32.9M | +10187.7% | 0.111% | 0.29% |
| 21 | CIBC World Markets Inc. | 1.8M | $26.9M | +4.7% | 0.091% | 0.04% |
| 22 | MILLENNIUM MANAGEMENT LLC | 1.8M | $26.1M | +9.6% | 0.088% | 0.02% |
| 23 | MARSHALL WACE, LLP | 1.7M | $25.4M | +5220.2% | 0.086% | 0.03% |
| 24 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 1.3M | $19.9M | -2.6% | 0.067% | 0.10% |
| 25 | ABC ARBITRAGE SA | 1.3M | $19.2M | -9.4% | 0.065% | 2.56% |
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 Q1 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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 397 | 1.2% | 8.32% | 0.81 pp | $2.75B | 8.9% |
| Q4 2025 | 402 | +9.2% | 9.13% | +1.71 pp | $3.01B | +23% |
| Q3 2025 | 368 | +1.4% | 7.42% | +0.33 pp | $2.45B | +4.6% |
| Q2 2025 | 363 | +14% | 7.09% | +2.02 pp | $2.34B | +40% |
| Q1 2025 | 319 | +11% | 5.07% | +2.15 pp | $1.67B | +74% |
| Q4 2024 | 288 | +7.9% | 2.92% | +0.36 pp | $965M | +14% |
| Q3 2024 | 267 | +9.0% | 2.56% | +0.61 pp | $846M | +32% |
| Q2 2024 | 245 | — | 1.95% | — | $643M | — |
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 Q1 2026 13F filings, institutional ownership of NatWest Group plc stands at 8.3%, held across 397 reporting institutions.
Fisher Asset Management, LLC is the largest reported institutional holder of NWG, with approximately 42,484,360 shares worth $0.63B as of Q1 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 51 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 Q1 2026, while 61 fully exited. 71 added to existing positions and 268 trimmed.
NWG institutional ownership fell by 0.81 percentage points quarter-over-quarter, with a net change of -5 holders.
The top 10 institutions account for 64.6% of all reported 13F value in NWG, and the top 25 account for 84.5%.
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