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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; 1,317 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: 1,317 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 20261,317$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
Sachem Head Capital Management LP3,860,000$75.4M2.13%+3,860,000New
Susquehanna International Group, LLP3,959,259$77.3M0.11%+1,318,596+49.9%Added
California Public Employees Retirement System3,961,385$77.4M0.05%+267,057+7.2%Added
Private Management Group Inc3,974,671$77.6M2.31%−1,619,537−29.0%Reduced
Citigroup Inc4,051,806$79.1M0.05%−3,481,332−46.2%Reduced
HSBC Holdings PLC4,172,318$81.0M0.05%−193,180−4.4%Reduced
Sound Shore Management Inc4,340,858$84.8M2.80%−4,206,380−49.2%Reduced
Canada Pension Plan Investment Board4,455,108$87.0M0.06%+4,317,564+3,139.0%Added
Eminence Capital, LP4,750,267$92.8M1.36%−1,458,540−23.5%Reduced
Millennium Management LLC4,935,725$96.4M0.08%+3,893,578+373.6%Added
Sumitomo Mitsui Trust Holdings, Inc.4,990,533$97.5M0.06%+93,054+1.9%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.5,043,156$98.5M0.07%+441,656+9.6%Added
Marshall Wace, LLP5,127,260$100.1M0.11%+5,127,260New
XN LP5,614,725$109.7M3.22%+5,614,725New
Thrivent Financial for Lutherans5,864,153$114.5M0.23%−1,099,717−15.8%Reduced
Rhumbline Advisers5,877,052$114.8M0.09%+176,223+3.1%Added
D. E. Shaw & Co., Inc.6,128,665$119.7M0.10%+1,826,906+42.5%Added
Citadel Advisors LLC6,391,148$124.8M0.10%−9,572,539−60.0%Reduced
Swiss National Bank6,775,127$132.3M0.08%−338,900−4.8%Reduced
Nuveen, LLC7,272,417$142.0M0.04%−7,713,143−51.5%Reduced
Yacktman Asset Management LP7,338,337$143.3M1.97%−288,460−3.8%Reduced
BNP Paribas Arbitrage, SA7,755,858$151.5M0.12%−4,677,781−37.6%Reduced
Neuberger Berman Group LLC7,852,367$153.4M0.11%+5,836,952+289.6%Added
Newport Trust Co8,178,358$159.7M0.36%−412,286−4.8%Reduced
Allianz Asset Management GmbH9,326,978$182.2M0.22%+5,873,183+170.1%Added
Barclays PLC11,325,254$221.2M0.08%−11,180,465−49.7%Reduced
Contrarius Group Holdings Ltd11,803,203$230.5M10.44%−3,122,167−20.9%Reduced
Slate Path Capital LP11,804,700$230.5M3.57%−9,523,300−44.7%Reduced
Deutsche Bank AG12,916,433$252.3M0.08%+2,428,513+23.2%Added
Independent Franchise Partners LLP13,107,132$256.0M1.69%+69,208+0.5%Added
Bank of New York Mellon Corp13,307,032$259.9M0.05%+621,751+4.9%Added
Legal & General Group Plc14,285,853$279.0M0.06%+869,863+6.5%Added
Amundi15,523,538$296.2M0.10%+5,798,592+59.6%Added
Bank of America Corp15,312,230$299.0M0.02%−2,490,010−14.0%Reduced
Goldman Sachs Group Inc15,470,876$302.1M0.04%+4,450,201+40.4%Added
UBS Asset Management Americas Inc17,410,291$340.0M0.07%−1,000,563−5.4%Reduced
Hotchkis & Wiley Capital Management LLC18,344,401$358.3M1.11%−1,327,200−6.7%Reduced
Dimensional Fund Advisors LP18,820,858$367.4M0.08%+1,658,317+9.7%Added
Charles Schwab Investment Management Inc19,094,455$372.9M0.06%−368,779−1.9%Reduced
Pacer Advisors, Inc.22,788,847$445.1M1.14%+22,308,046+4,639.8%Added
JPMorgan Chase & Co23,170,273$452.5M0.03%+5,494,651+31.1%Added
Northern Trust Corp23,496,725$458.9M0.06%+876,869+3.9%Added
UBS Group AG24,497,118$478.4M0.09%−2,664,214−9.8%Reduced
Morgan Stanley26,207,929$511.8M0.03%+451,683+1.8%Added
Pentwater Capital Management LP27,060,000$528.5M4.74%+27,060,000New
Jericho Capital Asset Management L.P.35,095,390$685.4M7.13%+18,291,865+108.9%Added
Invesco Ltd.35,719,966$697.6M0.11%−8,854,526−19.9%Reduced
FMR LLC41,218,389$805.0M0.04%+22,852,939+124.4%Added
Sessa Capital IM, L.P.50,624,148$988.7M24.84%00.0%Unchanged
Geode Capital Management, LLC65,569,229$1.28B0.08%+5,477,766+9.1%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)95,960,593$1.87B3.00%−12,965,492−11.9%Reduced
State Street Corp158,329,431$3.09B0.11%−2,389,393−1.5%Reduced
BlackRock, Inc.184,571,751$3.60B0.06%+10,531,463+6.1%Added
Vanguard Group Inc281,214,155$5.49B0.08%+18,736,600+7.1%Added
Rakuten Investment Management, Inc.36,763––+36,763New
EdgePoint Investment Group Inc.0$00.00%−22,417,640−100.0%Sold out
Apollo Management Holdings, L.P.0$00.00%−8,160,627−100.0%Sold out
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−6,797,230−100.0%Sold out
Duquesne Family Office LLCSuperinvestorDuquesne Family Office0$00.00%−6,537,160−100.0%Sold out
Goldentree Asset Management LP0$00.00%−2,331,096−100.0%Sold out
Long Focus Capital Management, LLC0$00.00%−1,760,000−100.0%Sold out
La Banque Postale Asset Management SA0$00.00%−1,602,918−100.0%Sold out
Oribel Capital Management, LP0$00.00%−1,140,600−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−1,087,878−100.0%Sold out
Rokos Capital Management LLP0$00.00%−1,000,000−100.0%Sold out
Nepsis, Inc.0$00.00%−969,412−100.0%Sold out
Mane Global Capital Management LP0$00.00%−900,000−100.0%Sold out
Readystate Asset Management LP0$00.00%−842,698−100.0%Sold out
Sona Asset Management (US) LLC0$00.00%−774,700−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−723,362−100.0%Sold out
Caisse de Depot Et Placement du Quebec0$00.00%−687,636−100.0%Sold out
American Financial Group Inc0$00.00%−661,665−100.0%Sold out
Heron Bay Capital Management0$00.00%−658,795−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−634,530−100.0%Sold out
Worldquant Millennium Advisors LLC0$00.00%−597,748−100.0%Sold out
Beryl Capital Management LLC0$00.00%−489,000−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−480,426−100.0%Sold out
AXA S.A.0$00.00%−296,766−100.0%Sold out
Centiva Capital, LP0$00.00%−285,008−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−279,918−100.0%Sold out
CM Management, LLC0$00.00%−250,000−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−238,045−100.0%Sold out
Lorne Steinberg Wealth Management Inc.0$00.00%−222,397−100.0%Sold out
Sora Investors LLC0$00.00%−214,286−100.0%Sold out
Engineers Gate Manager LP0$00.00%−187,870−100.0%Sold out
Polianta Ltd0$00.00%−140,000−100.0%Sold out
Arnhold LLC0$00.00%−117,106−100.0%Sold out
Cullen Capital Management LLC0$00.00%−109,690−100.0%Sold out
Andra AP-fonden0$00.00%−109,000−100.0%Sold out
Axq Capital, LP0$00.00%−101,061−100.0%Sold out
IMA Wealth, Inc.0$00.00%−99,298−100.0%Sold out
Towerview LLC0$00.00%−85,000−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−78,786−100.0%Sold out
Quinn Opportunity Partners LLC0$00.00%−72,630−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−71,664−100.0%Sold out
Collar Capital Management, LLC0$00.00%−65,547−100.0%Sold out
Qsemble Capital Management, LP0$00.00%−57,656−100.0%Sold out
Winton Group Ltd0$00.00%−57,544−100.0%Sold out
Ingalls & Snyder LLC0$00.00%−51,506−100.0%Sold out
Fore Capital, LLC0$00.00%−50,000−100.0%Sold out