SCHEDULE: Dimensional Fund Advisors Discloses 5.1% Stake in BJ's Restaurants

Dimensional Fund Advisors LP has reported a 5.1% beneficial ownership stake in BJ's Restaurants Inc. common stock as of December 31, 2025.

Summary

• Dimensional Fund Advisors LP (Dimensional) reported beneficial ownership of 1,084,001 shares of BJ's Restaurants Inc. common stock.
• This ownership represents 5.1% of the total class of securities.
• Dimensional holds sole voting power over 1,067,847 shares and sole dispositive power over 1,084,001 shares.
• The filing was made under Rule 13d-1(b), classifying Dimensional as an institutional investment adviser.
• Dimensional disclaims beneficial ownership of these securities, stating they are owned by the various funds it advises, and the filing is for Section 13(d) purposes only.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of ownership and does not inherently carry positive or negative sentiment. It is a neutral, regulatory requirement.

Industry Context

This filing represents a routine disclosure of institutional ownership by an investment adviser, common in the restaurant industry as large funds diversify their portfolios across various sectors. Such disclosures provide transparency regarding significant holdings by passive investors.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which can influence market perception and liquidity.
• Company Management: Awareness of a large institutional holder may influence strategic decisions, though Dimensional disclaims intent to influence control.

Key Dates

Keywords

BJ's Restaurants, Dimensional Fund Advisors, Schedule 13G, Common Stock, Institutional Ownership, Investment Adviser, Stake Disclosure, BJRI