BJ's Restaurants, Inc. filing: Woodline Partners amended a Schedule 13G to report beneficial ownership of 983,280 shares of common stock, representing 4.6% of the class. The percentage is calculated using 21,197,187 shares outstanding as of February 25, 2026.
The amendment states the shares are directly held by the Woodline Funds and that Woodline Partners is the investment adviser; the filing includes sole voting and dispositive power figures for the Reporting Person.
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Insights
Woodline Partners reports a 4.6% stake in BJRI via amended Schedule 13G.
This amendment documents that the Woodline Funds directly hold 983,280 shares, using an outstanding share base of 21,197,187 as of February 25, 2026. The statement clarifies voting and dispositive powers held by the Reporting Person.
Holder decisions will determine any future trading activity; subsequent filings would disclose changes in position.
The filing is an ownership disclosure amendment under federal reporting rules.
The Schedule 13G/A corrects or updates beneficial ownership information and identifies Woodline Partners as adviser to the Woodline Funds. It specifies sole voting and dispositive power values reported on the cover page.
Compliance significance is routine: the amendment aligns public records with the fund's holdings as of the disclosed reference date.
Key Figures
Shares beneficially owned:983,280 sharesPercent of class:4.6%Shares outstanding:21,197,187 shares
3 metrics
Shares beneficially owned983,280 sharesReported by Woodline Partners (cover page)
Percent of class4.6%Calculated using outstanding shares as of February 25, 2026
Shares outstanding21,197,187 sharesAs of February 25, 2026 per company 10-K cited in amendment
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedregulatory
"Amount beneficially owned: The information required by Item 4(a)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive powerregulatory
"Sole Dispositive Power 983,280.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
CUSIPmarket
"CUSIP No.: 09180C106"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Woodline Partners reports beneficial ownership of 983,280 shares, or 4.6%. The percentage is calculated using 21,197,187 shares outstanding as of February 25, 2026, per the company 10-K cited in the amendment.
How was the 4.6% ownership percentage calculated?
The filing uses 21,197,187 shares outstanding as of February 25, 2026. That outstanding share count is taken from the company's Annual Report on Form 10-K for the fiscal year ended December 30, 2025, as cited in the amendment.
Does Woodline Partners have voting or dispositive power over the BJRI shares?
The amendment shows sole voting and sole dispositive power of 983,280 shares. Those power figures are reported on the cover page for the Reporting Person and are incorporated by reference into Item 4 of the amendment.
Who directly holds the reported BJRI shares?
The shares are directly held by the Woodline Funds. The amendment states Woodline Partners is the investment adviser to Woodline Master Fund LP and Woodline Spire Master Fund LP, which directly hold the disclosed common stock position.
Does this Schedule 13G/A admission imply legal beneficial ownership by Woodline Partners?
The filing includes a non‑admission clause. It states that the filing "should not be construed as an admission" that Woodline Partners or related persons are the beneficial owner for purposes of Section 13 of the Exchange Act.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
BJ's Restaurants, Inc.
(Name of Issuer)
Common Stock, no par value per share
(Title of Class of Securities)
09180C106
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
09180C106
1
Names of Reporting Persons
Woodline Partners LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
983,280.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
983,280.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
983,280.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.6 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BJ's Restaurants, Inc.
(b)
Address of issuer's principal executive offices:
7755 Center Avenue, Suite 300, Huntington Beach, California 92647
Item 2.
(a)
Name of person filing:
This statement is filed by Woodline Partners LP ("Woodline Partners" or the "Reporting Person"), a Delaware limited partnership, and the investment adviser to Woodline Master Fund LP and Woodline Spire Master Fund LP (together, the "Woodline Funds"), with respect to the shares of common stock, no par value per share ("Common Stock"), of BJ's Restaurants, Inc. (the "Company") directly held by the Woodline Funds.
The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the shares of Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of Woodline Partners is 4 Embarcadero Center, Suite 3450, San Francisco, CA 94111.
(c)
Citizenship:
Woodline Partners is a Delaware limited partnership.
(d)
Title of class of securities:
Common Stock, no par value per share
(e)
CUSIP No.:
09180C106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 21,197,187 shares of Common Stock outstanding as of February 25, 2026, as reported in the Company's Annual Report on Form 10-K for the fiscal year ended December 30, 2025, filed with the Securities and Exchange Commission on March 2, 2026.
(b)
Percent of class:
4.6%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Woodline Partners LP
Signature:
/s/ Erin Mullen
Name/Title:
Erin Mullen, General Counsel & Chief Compliance Officer
