WARBY PARKER INC WRBY
CL A COM · Common Stock · CUSIP 93403J106
American eyeglasses and contact lens retailer
- SectorHealth care
- IndustryOphthalmic Goods
- HeadquartersNew York, NY
- Founded2010
- Websitewarbyparker.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.79. Options: 17 managers hold calls ($45.4m notional), 16 hold puts ($98.6m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 151 |
| Q4 2022 | 169 |
| Q1 2023 | 162 |
| Q2 2023 | 167 |
| Q3 2023 | 166 |
| Q4 2023 | 174 |
| Q1 2024 | 170 |
| Q2 2024 | 188 |
| Q3 2024 | 199 |
| Q4 2024 | 237 |
| Q1 2025 | 264 |
| Q2 2025 | 253 |
| Q3 2025 | 263 |
| Q4 2025 | 286 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 83 | 78 |
| Q2 2024 | 121 | 65 |
| Q3 2024 | 118 | 74 |
| Q4 2024 | 125 | 96 |
| Q1 2025 | 152 | 111 |
| Q2 2025 | 152 | 137 |
| Q3 2025 | 140 | 123 |
| Q4 2025 | 164 | 144 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $6.5m | $9.3m | 1.43 |
| Q2 2025 | $24.1m | $10.0m | 0.42 |
| Q3 2025 | $8.7m | $43.3m | 5.00 |
| Q4 2025 | $45.4m | $98.6m | 2.17 |
Biggest buyers
| FMR LLC | Added | +6.6m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +4.3m |
| SRS Investment Management, LLC | New | +1.4m |
| MORGAN STANLEY | Added | +966.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +865.3k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. | Added | +703.6k |
| J. Goldman & Co LP | New | +617.9k |
| Portolan Capital Management, LLC | Added | +586.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +532.3k |
| FRED ALGER MANAGEMENT, LLC | New | +532.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.9m |
| MACQUARIE GROUP LTD | Sold out | -2.1m |
| MARSHALL WACE, LLP | Reduced | -2.0m |
| LOOMIS SAYLES & CO L P | Sold out | -1.6m |
| D. E. Shaw & Co., Inc. | Reduced | -1.6m |
| Durable Capital Partners LP | Reduced | -1.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.2m |
| JENNISON ASSOCIATES LLC | Reduced | -1.0m |
| Nuveen, LLC | Reduced | -919.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.1m419.6k shares |
| Davidson Kempner Capital Management LP | Not comparable | $8.7m400.0k shares |
| GOLDMAN SACHS GROUP INC | New | $7.4m338.5k shares |
| PEAK6 LLC | New | $2.7m124.6k shares |
| CITADEL ADVISORS LLC | Added | $2.7m124.4k shares |
| J. Goldman & Co LP | New | $2.3m104.1k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.2m100.0k shares |
| Caption Management, LLC | New | $2.2m100.0k shares |
| IMC-Chicago, LLC | Added | $2.0m92.9k shares |
| Balyasny Asset Management L.P. | New | $1.6m75.0k shares |
Biggest puts
| BlackBarn Capital Partners LP | Added | $65.4m3.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $11.7m538.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.0m230.2k shares |
| CITADEL ADVISORS LLC | Added | $3.5m160.6k shares |
| SIMPLEX TRADING, LLC | Added | $3.2m146.1k shares |
| JANE STREET GROUP, LLC | New | $2.8m128.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.6m75.0k shares |
| IMC-Chicago, LLC | Added | $1.6m72.8k shares |
| GROUP ONE TRADING LLC | Added | $1.2m55.7k shares |
| Caption Management, LLC | New | $869.4k39.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +6.2 pts · filed 2025-12-05 | 15.0% |
| BlackRock, Inc. 13G · institution +7.6 pts · filed 2026-07-08 | 14.0% |
| JPMORGAN CHASE & CO 13G · institution +1.1 pts · filed 2026-06-04 | 10.2% |
| Blumenthal Neil Harris 13G · exempt (held before listing) filed 2026-08-14 | 7.2% |
| Durable Capital Partners LP 13G · institution -1.4 pts · filed 2026-02-17 | 6.9% |
| Gilboa David Abraham 13G · exempt (held before listing) filed 2025-05-15 | 6.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 3 | $2.3m | $1.9m |
| Q2 2024 | 0 | — | 4 | $7.1m | $7.1m |
| Q3 2024 | 1 | $965.8k | 3 | $2.0m | $1.8m |
| Q4 2024 | 0 | — | 3 | $19.7m | $18.6m |
| Q1 2025 | 0 | — | 3 | $27.7m | $27.5m |
| Q2 2025 | 0 | — | 1 | $658.2k | — |
| Q3 2025 | 0 | — | 4 | $10.6m | $9.5m |
| Q4 2025 | 0 | — | 5 | $14.8m | $12.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-16 | Cutler Joel E Director · By Randi & Joel Cutler Family Foundation | Sold | $518.4k19.9k shares |
| 2025-12-12 | Raider Jeffrey Jacob Director | Sold | $685.5k25.0k shares |
| 2025-12-11 | Gilboa David Abraham Co-Chief Executive Officer, director | Sold plan | $6.0m200.0k shares |
| 2025-12-11 | Blumenthal Neil Harris Co-Chief Executive Officer, director | Sold plan | $3.0m100.0k shares |
| 2025-12-11 | Moon Youngme E Director | Sold | $1.1m38.8k shares |
| 2025-10-01 | Gilboa David Abraham Co-Chief Executive Officer, director | Sold plan | $3.4m125.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.02% of their portfolio | 15.4m $335.0m | Added +6.6m |
| VANGUARD GROUP INC 0.00% of their portfolio | 10.6m $231.5m | Reduced -43.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 9.7m $210.9m | Reduced -4.9m |
| BlackRock, Inc. 0.00% of their portfolio | 8.0m $173.9m | Reduced -386.6k |
| Durable Capital Partners LP 1.51% of their portfolio | 7.3m $159.3m | Reduced -1.4m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.16% of their portfolio | 4.3m $93.0m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.6m $56.5m | Added +381.1k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $52.5m | Added +202.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.49% of their portfolio | 2.3m $50.2m | Reduced -116.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $50.1m | Added +11.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 2.1m $45.3m | Added +865.3k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $44.5m | Added +966.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.06% of their portfolio | 1.8m $40.1m | First filing |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 1.6m $34.5m | Added +160.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $33.9m | Reduced -21.8k |
| SRS Investment Management, LLC 0.33% of their portfolio | 1.4m $31.3m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $30.1m | Reduced -1.2m |
| TimesSquare Capital Management, LLC 0.44% of their portfolio | 1.4m $29.5m | Added +344.9k |
| Portolan Capital Management, LLC 1.44% of their portfolio | 1.2m $26.8m | Added +586.1k |
| Artisan Partners Limited Partnership 0.04% of their portfolio | 1.1m $23.9m | Reduced -113.5k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 3.51% of their portfolio | 1.1m $23.0m | Added +703.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $22.9m | Added +83.3k |
| Ranger Investment Management, L.P. 1.45% of their portfolio | 971.9k $21.2m | Reduced -18.6k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 965.3k $21.0m | Reduced -1.0m |
| GILDER GAGNON HOWE & CO LLC 0.20% of their portfolio | 854.1k $18.6m | Reduced -814.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 827.1k $18.0m | Reduced -767 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 777.5k $16.9m | Reduced -50.3k |
| UBS Group AG 0.00% of their portfolio | 736.5k $16.0m | Reduced -135.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 676.2k $14.7m | Added +110.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 628.9k $13.7m | Added +532.3k |
| J. Goldman & Co LP 0.52% of their portfolio | 617.9k $13.5m | New |
| FRED ALGER MANAGEMENT, LLC 0.05% of their portfolio | 532.2k $11.6m | New |
| Nuveen, LLC 0.00% of their portfolio | 524.7k $11.4m | Reduced -919.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 523.0k $11.4m | Reduced -299.5k |
| Nishkama Capital, LLC 1.42% of their portfolio | 481.1k $10.5m | Added +374.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 446.4k $9.7m | Added +115.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.07% of their portfolio | 439.7k $9.6m | Added +100.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio | 423.3k $9.2m | Added +138.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 401.7k $8.8m | Reduced -8.9k |
| Simplify Asset Management Inc. 0.14% of their portfolio | 400.3k $8.7m | New |
| Atreides Management, LP 0.18% of their portfolio | 393.1k $8.6m | New |
| Impax Asset Management Group plc 0.05% of their portfolio | 385.0k $8.4m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 383.9k $8.4m | Reduced -324.7k |
| Senator Investment Group LP 0.33% of their portfolio | 377.1k $8.2m | Not comparable |
| Baird Financial Group, Inc. 0.01% of their portfolio | 364.7k $7.9m | New |
| Hook Mill Capital Partners, LP 0.75% of their portfolio | 364.3k $7.9m | New |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 352.9k $7.7m | Reduced -196.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 341.1k $7.4m | Reduced -26.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 335.9k $7.3m | Added +232.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 330.0k $7.2m | Reduced -24.4k |
| Susquehanna Portfolio Strategies, LLC 0.11% of their portfolio | 327.5k $7.1m | Added +317.4k |
| CHILTON INVESTMENT CO INC. 0.14% of their portfolio | 318.1k $6.9m | Reduced -363.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 298.2k $6.5m | Added +195.4k |
| PALISADE CAPITAL MANAGEMENT, LP 0.19% of their portfolio | 287.4k $6.3m | New |
| Neo Ivy Capital Management 0.96% of their portfolio | 280.0k $6.1m | Added +276.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 278.2k $6.1m | Reduced -55.0k |
| Sender Co & Partners, Inc. 3.19% of their portfolio | 256.6k $5.6m | New |
| Atika Capital Management LLC 0.76% of their portfolio | 249.0k $5.4m | New |
| Corient Private Wealth LP 0.00% of their portfolio | 242.5k $5.3m | Added +121.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 240.5k $5.2m | Reduced -36.6k |
| BAILLIE GIFFORD & CO 0.00% of their portfolio | 230.1k $5.0m | Reduced -226.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 227.9k $5.0m | Added +25.7k |
| CITIGROUP INC 0.00% of their portfolio | 224.6k $4.9m | Added +104.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 218.0k $4.8m | Added +74.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 216.9k $4.7m | Reduced -508.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 212.6k $4.6m | Reduced -1.2m |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 211.6k $4.6m | Reduced -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 198.5k $4.3m | Reduced -8.6k |
| GREAT LAKES ADVISORS, LLC 0.03% of their portfolio | 186.5k $4.1m | Reduced -95.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 182.7k $4.0m | Reduced -322.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 179.1k $3.9m | Reduced -13.8k |
| BARCLAYS PLC 0.00% of their portfolio | 176.8k $3.9m | Reduced -3.5k |
| Swiss National Bank 0.00% of their portfolio | 176.4k $3.8m | Added +4.2k |
| Jump Financial, LLC 0.05% of their portfolio | 170.9k $3.7m | Reduced -199.5k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.08% of their portfolio | 170.7k $3.7m | Added +39.7k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 143.6k $3.1m | Added +12.3k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 135.5k $3.0m | Reduced -14.6k |
| Tao Capital Management LP 2.52% of their portfolio | 134.5k $2.9m | Unchanged |
| Walleye Capital LLC 0.02% of their portfolio | 127.8k $2.8m | Reduced -147.5k |
| LPL Financial LLC 0.00% of their portfolio | 126.5k $2.8m | Added +94.9k |
| SIMPLEX TRADING, LLC 0.08% of their portfolio | 126.2k $2.7m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 126.0k $2.7m | Reduced -21.7k |
| GROUP ONE TRADING LLC 0.08% of their portfolio | 121.7k $2.7m | Added +116.7k |
| Lighthouse Investment Partners, LLC 0.09% of their portfolio | 119.8k $2.6m | New |
| Walleye Trading LLC 0.04% of their portfolio | 118.9k $2.6m | New |
| Invesco Ltd. 0.00% of their portfolio | 117.3k $2.6m | Reduced -36.5k |
| FIL Ltd 0.00% of their portfolio | 103.3k $2.2m | New |
| SONA ASSET MANAGEMENT (US) LLC 0.07% of their portfolio | 100.0k $2.2m | New |
| Legal & General Group Plc 0.00% of their portfolio | 98.9k $2.2m | Reduced -4.4k |
| OMERS ADMINISTRATION Corp 0.01% of their portfolio | 96.0k $2.1m | Reduced -4.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 94.4k $2.1m | Reduced -72.7k |
| Atom Investors LP 0.16% of their portfolio | 94.0k $2.0m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 89.3k $1.9m | Added +14.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 87.6k $1.9m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 85.4k $1.9m | Added +923 |
| IMC-Chicago, LLC 0.03% of their portfolio | 84.1k $1.8m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 83.9k $1.8m | Reduced -87 |
| PRIMORIS WEALTH ADVISORS, LLC 1.07% of their portfolio | 81.8k $1.8m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 80.4k $1.8m | Added +33.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 79.8k $1.7m | Reduced -1.7k |