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Warner Bros. Discovery, Inc.

WBD
Exchange
Nasdaq
Industry
Cable & Other Pay Television Services
SEC CIK
0001437107

In the last 90 days, Warner Bros. Discovery, Inc. insiders filed 0 open-market purchases and 14 sales; 1,315 institutions reported holding it in 13F filings for Q2 2026, worth $51.9B in total; 5 superinvestors hold it, including Third Point and Harris Associates (Oakmark).

13F holders, Q3 2025

Institutional positions in Warner Bros. Discovery, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,155
+14 vs. Q2 2025
Shares held
1.71B
−1.27M (−0.1%) vs. Q2 2025
Total value
$33.4B
+$13.8B (+70.2%) vs. Q2 2025
New holders
154
377 more added
Sold out
140
414 more reduced

19 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WBD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 1,155 institutions
Q1 2021: 636 institutionsQ2 2021: 613 institutionsQ3 2021: 587 institutionsQ4 2021: 583 institutionsQ1 2022: 586 institutionsQ2 2022: 1,484 institutionsQ3 2022: 1,395 institutionsQ4 2022: 1,318 institutionsQ1 2023: 1,275 institutionsQ2 2023: 1,280 institutionsQ3 2023: 1,234 institutionsQ4 2023: 1,262 institutionsQ1 2024: 1,217 institutionsQ2 2024: 1,196 institutionsQ3 2024: 1,151 institutionsQ4 2024: 1,205 institutionsQ1 2025: 1,174 institutionsQ2 2025: 1,160 institutionsQ3 2025: 1,155 institutionsQ4 2025: 1,318 institutionsQ1 2026: 1,315 institutionsQ2 2026: 1,315 institutions
Value heldQ3 2025: $33.4B
Q1 2021: $8.98BQ2 2021: $5.24BQ3 2021: $4.33BQ4 2021: $4.36BQ1 2022: $4.81BQ2 2022: $18.3BQ3 2022: $15.7BQ4 2022: $13.3BQ1 2023: $21.0BQ2 2023: $18.1BQ3 2023: $15.8BQ4 2023: $16.6BQ1 2024: $12.9BQ2 2024: $11.0BQ3 2024: $12.3BQ4 2024: $16.9BQ1 2025: $17.9BQ2 2025: $19.9BQ3 2025: $33.4BQ4 2025: $51.9BQ1 2026: $49.8BQ2 2026: $51.9B
Institutions holding WBD and their total value by quarter
QuarterHoldersValue
Q2 20261,315$51.9B
Q1 20261,315$49.8B
Q4 20251,318$51.9B
Q3 20251,155$33.4B
Q2 20251,160$19.9B
Q1 20251,174$17.9B
Q4 20241,205$16.9B
Q3 20241,151$12.3B
Q2 20241,196$11.0B
Q1 20241,217$12.9B
Q4 20231,262$16.6B
Q3 20231,234$15.8B
Q2 20231,280$18.1B
Q1 20231,275$21.0B
Q4 20221,318$13.3B
Q3 20221,395$15.7B
Q2 20221,484$18.3B
Q1 2022586$4.81B
Q4 2021583$4.36B
Q3 2021587$4.33B
Q2 2021613$5.24B
Q1 2021636$8.98B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Warner Bros. Discovery, Inc.; share changes are against Q2 2025.

Institutions holding WBD in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc281,214,155$5.49B0.08%+18,736,600+7.1%Added
BlackRock, Inc.184,571,751$3.60B0.06%+10,531,463+6.1%Added
State Street Corp158,329,431$3.09B0.11%−2,389,393−1.5%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)95,960,593$1.87B3.00%−12,965,492−11.9%Reduced
Geode Capital Management, LLC65,569,229$1.28B0.08%+5,477,766+9.1%Added
Sessa Capital IM, L.P.50,624,148$988.7M24.84%00.0%Unchanged
FMR LLC41,218,389$805.0M0.04%+22,852,939+124.4%Added
Invesco Ltd.35,719,966$697.6M0.11%−8,854,526−19.9%Reduced
Jericho Capital Asset Management L.P.35,095,390$685.4M7.13%+18,291,865+108.9%Added
Pentwater Capital Management LP27,060,000$528.5M4.74%+27,060,000New
Morgan Stanley26,207,929$511.8M0.03%+451,683+1.8%Added
UBS Group AG24,497,118$478.4M0.09%−2,664,214−9.8%Reduced
Northern Trust Corp23,496,725$458.9M0.06%+876,869+3.9%Added
JPMorgan Chase & Co23,170,273$452.5M0.03%+5,494,651+31.1%Added
Pacer Advisors, Inc.22,788,847$445.1M1.14%+22,308,046+4,639.8%Added
Charles Schwab Investment Management Inc19,094,455$372.9M0.06%−368,779−1.9%Reduced
Dimensional Fund Advisors LP18,820,858$367.4M0.08%+1,658,317+9.7%Added
Hotchkis & Wiley Capital Management LLC18,344,401$358.3M1.11%−1,327,200−6.7%Reduced
UBS Asset Management Americas Inc17,410,291$340.0M0.07%−1,000,563−5.4%Reduced
Goldman Sachs Group Inc15,470,876$302.1M0.04%+4,450,201+40.4%Added
Bank of America Corp15,312,230$299.0M0.02%−2,490,010−14.0%Reduced
Amundi15,523,538$296.2M0.10%+5,798,592+59.6%Added
Legal & General Group Plc14,285,853$279.0M0.06%+869,863+6.5%Added
Bank of New York Mellon Corp13,307,032$259.9M0.05%+621,751+4.9%Added
Independent Franchise Partners LLP13,107,132$256.0M1.69%+69,208+0.5%Added
Deutsche Bank AG12,916,433$252.3M0.08%+2,428,513+23.2%Added
Slate Path Capital LP11,804,700$230.5M3.57%−9,523,300−44.7%Reduced
Contrarius Group Holdings Ltd11,803,203$230.5M10.44%−3,122,167−20.9%Reduced
Barclays PLC11,325,254$221.2M0.08%−11,180,465−49.7%Reduced
Allianz Asset Management GmbH9,326,978$182.2M0.22%+5,873,183+170.1%Added
Newport Trust Co8,178,358$159.7M0.36%−412,286−4.8%Reduced
Neuberger Berman Group LLC7,852,367$153.4M0.11%+5,836,952+289.6%Added
BNP Paribas Arbitrage, SA7,755,858$151.5M0.12%−4,677,781−37.6%Reduced
Yacktman Asset Management LP7,338,337$143.3M1.97%−288,460−3.8%Reduced
Nuveen, LLC7,272,417$142.0M0.04%−7,713,143−51.5%Reduced
Swiss National Bank6,775,127$132.3M0.08%−338,900−4.8%Reduced
Citadel Advisors LLC6,391,148$124.8M0.10%−9,572,539−60.0%Reduced
D. E. Shaw & Co., Inc.6,128,665$119.7M0.10%+1,826,906+42.5%Added
Rhumbline Advisers5,877,052$114.8M0.09%+176,223+3.1%Added
Thrivent Financial for Lutherans5,864,153$114.5M0.23%−1,099,717−15.8%Reduced
XN LP5,614,725$109.7M3.22%+5,614,725New
Marshall Wace, LLP5,127,260$100.1M0.11%+5,127,260New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.5,043,156$98.5M0.07%+441,656+9.6%Added
Sumitomo Mitsui Trust Holdings, Inc.4,990,533$97.5M0.06%+93,054+1.9%Added
Millennium Management LLC4,935,725$96.4M0.08%+3,893,578+373.6%Added
Eminence Capital, LP4,750,267$92.8M1.36%−1,458,540−23.5%Reduced
Canada Pension Plan Investment Board4,455,108$87.0M0.06%+4,317,564+3,139.0%Added
Sound Shore Management Inc4,340,858$84.8M2.80%−4,206,380−49.2%Reduced
HSBC Holdings PLC4,172,318$81.0M0.05%−193,180−4.4%Reduced
Citigroup Inc4,051,806$79.1M0.05%−3,481,332−46.2%Reduced
Private Management Group Inc3,974,671$77.6M2.31%−1,619,537−29.0%Reduced
California Public Employees Retirement System3,961,385$77.4M0.05%+267,057+7.2%Added
Susquehanna International Group, LLP3,959,259$77.3M0.11%+1,318,596+49.9%Added
Sachem Head Capital Management LP3,860,000$75.4M2.13%+3,860,000New
Senator Investment Group LP3,836,744$74.9M2.77%−229,639−5.6%Reduced
National Pension Service3,739,343$73.0M0.06%+125,100+3.5%Added
California State Teachers Retirement System3,716,841$72.6M0.07%+186,936+5.3%Added
Pine Valley Investments Ltd Liability Co3,650,674$71.3M3.72%−376,371−9.3%Reduced
Price T Rowe Associates Inc3,631,992$70.9M0.01%+358,512+11.0%Added
Verition Fund Management LLC3,583,830$70.0M0.40%+3,123,300+678.2%Added
Royal Bank of Canada3,396,509$66.3M0.01%−2,878,455−45.9%Reduced
First Trust Advisors LP3,342,809$65.3M0.05%−1,309,320−28.1%Reduced
ProShare Advisors LLC3,131,958$61.2M0.13%−634,650−16.8%Reduced
Voya Investment Management LLC3,101,738$60.6M0.06%−2,541,993−45.0%Reduced
Tremblant Capital Group3,036,282$59.3M6.12%−343,762−10.2%Reduced
Alliancebernstein L.P.3,004,183$58.7M0.02%+238,531+8.6%Added
Gamco Investors, Inc. Et Al2,967,519$58.0M0.56%−185,816−5.9%Reduced
Great West Life Assurance Co3,016,698$56.9M0.08%+564,390+23.0%Added
Hauser Brothers GmbH2,877,000$56.2M45.29%+476,000+19.8%Added
Retirement Systems of Alabama2,856,706$55.8M0.19%−646,498−18.5%Reduced
Clarkston Capital Partners, LLC2,826,825$55.2M1.19%−1,890,825−40.1%Reduced
Principal Financial Group Inc2,678,528$52.3M0.03%+224,338+9.1%Added
Gabelli Funds LLC2,633,650$51.4M0.35%−65,000−2.4%Reduced
Jain Global LLC2,554,735$49.9M0.65%−2,582,483−50.3%Reduced
Massachusetts Financial Services Co2,433,786$47.5M0.01%−95,191−3.8%Reduced
Contour Asset Management LLC2,380,384$46.5M1.17%+2,380,384New
Kinetic Partners Management, LP2,315,671$45.2M2.19%+2,315,671New
Balyasny Asset Management LLC2,278,057$44.5M0.09%+1,720,956+308.9%Added
Eubel Brady & Suttman Asset Management Inc2,277,642$44.5M5.11%−63,865−2.7%Reduced
Adage Capital Partners GP, L.L.C.2,253,843$44.0M0.07%+591,800+35.6%Added
Victory Capital Management Inc2,253,529$44.0M0.03%−685,266−23.3%Reduced
Diameter Capital Partners LP2,250,000$43.9M4.61%−1,150,000−33.8%Reduced
State Board of Administration of Florida Retirement System2,190,381$42.8M0.07%−239,792−9.9%Reduced
Assenagon Asset Management S.A.2,182,359$42.6M0.06%+1,565,583+253.8%Added
Renaissance Technologies LLC2,177,400$42.5M0.06%+2,177,400New
Prudential Financial Inc2,123,583$41.5M0.05%+764,031+56.2%Added
Woodline Partners LP2,092,343$40.9M0.19%+1,848,799+759.1%Added
State of Wisconsin Investment Board2,087,040$40.8M0.09%+95,961+4.8%Added
Bank of Montreal2,064,081$40.3M0.02%+494,415+31.5%Added
Beck Mack & Oliver LLC2,034,156$39.7M0.72%−209,023−9.3%Reduced
Aviva PLC1,864,085$36.4M0.07%+110,031+6.3%Added
Wells Fargo & Company1,831,888$35.8M0.01%−790,736−30.2%Reduced
Standard Life Aberdeen plc1,782,031$34.8M0.06%+192,774+12.1%Added
New York State Teachers Retirement System1,775,964$34.7M0.07%+69,141+4.1%Added
Alyeska Investment Group, L.P.1,755,485$34.3M0.10%+1,755,485New
HBK Investments L P1,750,000$34.2M0.50%−36,438−2.0%Reduced
Man Group plc1,735,947$33.9M0.07%−1,161,434−40.1%Reduced
Douglas Lane & Associates, LLC1,735,370$33.9M0.47%−43,222−2.4%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,683,799$32.9M0.05%−47,185−2.7%Reduced
National Bank of Canada1,636,959$32.0M0.04%−587,679−26.4%Reduced