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, Q4 2025
Institutional positions in Warner Bros. Discovery, Inc. as of Dec 31, 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
- 1,318
- +187 vs. Q3 2025
- Shares held
- 1.80B
- +94.6M (+5.5%) vs. Q3 2025
- Total value
- $51.9B
- +$18.6B (+55.8%) vs. Q3 2025
- New holders
- 317
- 415 more added
- Sold out
- 130
- 401 more reduced
24 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,315 | $51.9B |
| Q1 2026 | 1,315 | $49.8B |
| Q4 2025 | 1,318 | $51.9B |
| Q3 2025 | 1,155 | $33.4B |
| Q2 2025 | 1,160 | $19.9B |
| Q1 2025 | 1,174 | $17.9B |
| Q4 2024 | 1,205 | $16.9B |
| Q3 2024 | 1,151 | $12.3B |
| Q2 2024 | 1,196 | $11.0B |
| Q1 2024 | 1,217 | $12.9B |
| Q4 2023 | 1,262 | $16.6B |
| Q3 2023 | 1,234 | $15.8B |
| Q2 2023 | 1,280 | $18.1B |
| Q1 2023 | 1,275 | $21.0B |
| Q4 2022 | 1,318 | $13.3B |
| Q3 2022 | 1,395 | $15.7B |
| Q2 2022 | 1,484 | $18.3B |
| Q1 2022 | 586 | $4.81B |
| Q4 2021 | 583 | $4.36B |
| Q3 2021 | 587 | $4.33B |
| Q2 2021 | 613 | $5.24B |
| Q1 2021 | 636 | $8.98B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Warner Bros. Discovery, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 283,180,433 | $8.16B | 0.12% | +1,966,278+0.7% | Added |
| BlackRock, Inc. | 193,830,450 | $5.59B | 0.09% | +9,258,699+5.0% | Added |
| State Street Corp | 131,066,834 | $3.78B | 0.13% | −27,262,597−17.2% | Reduced |
| Invesco Ltd. | 81,395,894 | $2.35B | 0.22% | +45,675,928+127.9% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 78,854,809 | $2.27B | 2.88% | −17,105,784−17.8% | Reduced |
| Geode Capital Management, LLC | 66,597,575 | $1.91B | 0.12% | +1,028,346+1.6% | Added |
| Goldman Sachs Group Inc | 51,340,535 | $1.48B | 0.21% | +35,869,659+231.9% | Added |
| Pentwater Capital Management LP | 46,075,000 | $1.33B | 9.61% | +19,015,000+70.3% | Added |
| Sessa Capital IM, L.P. | 45,565,629 | $1.31B | 26.10% | −5,058,519−10.0% | Reduced |
| Norges Bank | 38,994,003 | $1.12B | 0.12% | +38,994,003 | New |
| UBS Group AG | 33,339,744 | $960.9M | 0.19% | +8,842,626+36.1% | Added |
| FMR LLC | 29,905,550 | $861.9M | 0.04% | −11,312,839−27.4% | Reduced |
| Morgan Stanley | 27,462,742 | $791.5M | 0.05% | +1,254,813+4.8% | Added |
| Millennium Management LLC | 25,610,999 | $738.1M | 0.53% | +20,675,274+418.9% | Added |
| Northern Trust Corp | 22,797,285 | $657.0M | 0.08% | −699,440−3.0% | Reduced |
| Charles Schwab Investment Management Inc | 19,452,808 | $560.6M | 0.09% | +358,353+1.9% | Added |
| Dimensional Fund Advisors LP | 18,041,885 | $520.0M | 0.11% | −778,973−4.1% | Reduced |
| UBS Asset Management Americas Inc | 15,052,196 | $433.8M | 0.09% | −2,358,095−13.5% | Reduced |
| Legal & General Group Plc | 15,045,260 | $433.6M | 0.10% | +759,407+5.3% | Added |
| Barclays PLC | 14,118,028 | $406.9M | 0.16% | +2,792,774+24.7% | Added |
| Bank of America Corp | 13,636,049 | $393.0M | 0.03% | −1,676,181−10.9% | Reduced |
| Bank of New York Mellon Corp | 13,308,993 | $383.6M | 0.07% | +1,9610.0% | Added |
| Amundi | 13,136,271 | $378.6M | 0.10% | −2,387,267−15.4% | Reduced |
| Independent Franchise Partners LLP | 12,697,174 | $365.9M | 2.33% | −409,958−3.1% | Reduced |
| Neuberger Berman Group LLC | 12,452,042 | $358.9M | 0.27% | +4,599,675+58.6% | Added |
| Citadel Advisors LLC | 11,778,999 | $339.5M | 0.23% | +5,387,851+84.3% | Added |
| BNP Paribas Arbitrage, SA | 9,986,331 | $287.8M | 0.18% | +2,230,473+28.8% | Added |
| D. E. Shaw & Co., Inc. | 9,956,406 | $286.9M | 0.22% | +3,827,741+62.5% | Added |
| JPMorgan Chase & Co | 9,793,210 | $282.2M | 0.02% | −13,377,063−57.7% | Reduced |
| Pacer Advisors, Inc. | 9,388,632 | $270.6M | 0.70% | −13,400,215−58.8% | Reduced |
| Balyasny Asset Management LLC | 9,150,574 | $263.7M | 0.49% | +6,872,517+301.7% | Added |
| HBK Investments L P | 8,924,170 | $257.2M | 2.78% | +7,174,170+410.0% | Added |
| Verition Fund Management LLC | 8,490,775 | $244.7M | 1.32% | +4,906,945+136.9% | Added |
| Sachem Head Capital Management LP | 7,995,000 | $230.4M | 5.40% | +4,135,000+107.1% | Added |
| Newport Trust Co | 7,550,349 | $217.6M | 0.52% | −628,009−7.7% | Reduced |
| Allianz Asset Management GmbH | 6,839,793 | $197.1M | 0.23% | −2,487,185−26.7% | Reduced |
| Deutsche Bank AG | 6,747,977 | $194.5M | 0.06% | −6,168,456−47.8% | Reduced |
| Swiss National Bank | 6,445,227 | $185.8M | 0.11% | −329,900−4.9% | Reduced |
| National Bank of Canada | 6,371,037 | $183.6M | 0.19% | +4,734,078+289.2% | Added |
| HRT Financial LP | 6,250,016 | $180.1M | 0.57% | +6,250,016 | New |
| Qube Research & Technologies Ltd | 6,144,938 | $177.1M | 0.25% | +6,144,938 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 5,981,814 | $172.4M | 0.29% | +5,000,437+509.5% | Added |
| National Pension Service | 5,833,563 | $168.1M | 0.12% | +2,094,220+56.0% | Added |
| Rhumbline Advisers | 5,739,867 | $165.4M | 0.13% | −137,185−2.3% | Reduced |
| Nuveen, LLC | 5,658,913 | $163.1M | 0.04% | −1,613,504−22.2% | Reduced |
| Marshall Wace, LLP | 5,252,031 | $151.4M | 0.15% | +124,771+2.4% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 5,299,328 | $151.1M | 0.10% | +256,172+5.1% | Added |
| Susquehanna International Group, LLP | 5,222,762 | $150.5M | 0.21% | +1,263,503+31.9% | Added |
| Citigroup Inc | 5,089,660 | $146.7M | 0.10% | +1,037,854+25.6% | Added |
| Royal Bank of Canada | 4,966,485 | $143.1M | 0.03% | +1,569,976+46.2% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 4,825,020 | $139.1M | 0.08% | −165,513−3.3% | Reduced |
| TIG Advisors, LLC | 4,689,293 | $135.1M | 6.51% | +3,840,782+452.6% | Added |
| LMR Partners LLP | 4,470,373 | $128.8M | 1.24% | +4,010,143+871.3% | Added |
| ProShare Advisors LLC | 4,353,089 | $125.5M | 0.22% | +1,221,131+39.0% | Added |
| Bank of Nova Scotia | 4,259,926 | $122.8M | 0.18% | +3,961,944+1,329.6% | Added |
| HSBC Holdings PLC | 4,241,122 | $122.3M | 0.07% | +68,804+1.6% | Added |
| California Public Employees Retirement System | 4,018,540 | $115.8M | 0.07% | +57,155+1.4% | Added |
| Adage Capital Partners GP, L.L.C. | 3,923,383 | $113.1M | 0.17% | +1,669,540+74.1% | Added |
| SG Americas Securities, LLC | 3,781,261 | $109.0M | 0.14% | +3,626,012+2,335.6% | Added |
| Capstone Investment Advisors, LLC | 3,750,000 | $108.1M | 0.88% | +3,750,000 | New |
| California State Teachers Retirement System | 3,687,728 | $106.3M | 0.11% | −29,113−0.8% | Reduced |
| Westchester Capital Management, LLC | 3,649,601 | $105.2M | 4.95% | +2,371,301+185.5% | Added |
| Wellington Management Group LLP | 3,637,740 | $104.8M | 0.02% | +3,637,740 | New |
| Price T Rowe Associates Inc | 3,622,628 | $104.4M | 0.01% | −9,364−0.3% | Reduced |
| Alliancebernstein L.P. | 3,549,410 | $102.3M | 0.03% | +545,227+18.1% | Added |
| Thrivent Financial for Lutherans | 3,535,391 | $101.9M | 0.18% | −2,328,762−39.7% | Reduced |
| KBC Group NV | 3,463,358 | $99.8M | 0.23% | +2,092,158+152.6% | Added |
| Magnetar Financial LLC | 3,183,153 | $91.7M | 0.90% | +3,183,153 | New |
| XN LP | 3,084,372 | $88.9M | 2.49% | −2,530,353−45.1% | Reduced |
| Hauser Brothers GmbH | 3,052,000 | $88.0M | 62.53% | +175,000+6.1% | Added |
| Senator Investment Group LP | 3,049,244 | $87.9M | 3.52% | −787,500−20.5% | Reduced |
| Tremblant Capital Group | 2,904,702 | $83.7M | 2.14% | −131,580−4.3% | Reduced |
| Pine Valley Investments Ltd Liability Co | 2,848,883 | $82.1M | 4.09% | −801,791−22.0% | Reduced |
| Man Group plc | 2,797,337 | $80.6M | 0.15% | +1,061,390+61.1% | Added |
| Gabelli Funds LLC | 2,781,125 | $80.2M | 0.54% | +147,475+5.6% | Added |
| Gamco Investors, Inc. Et Al | 2,767,823 | $79.8M | 0.77% | −199,696−6.7% | Reduced |
| Nomura Holdings Inc | 2,764,502 | $79.7M | 0.23% | +2,516,216+1,013.4% | Added |
| Principal Financial Group Inc | 2,748,072 | $79.2M | 0.04% | +69,544+2.6% | Added |
| Private Management Group Inc | 2,731,816 | $78.7M | 2.29% | −1,242,855−31.3% | Reduced |
| Melqart Asset Management (UK) Ltd | 2,564,169 | $73.9M | 7.39% | +2,564,169 | New |
| Public Sector Pension Investment Board | 2,500,038 | $72.1M | 0.24% | +2,225,311+810.0% | Added |
| Laurion Capital Management LP | 2,427,610 | $70.0M | 4.77% | +2,291,128+1,678.7% | Added |
| First Trust Advisors LP | 2,423,963 | $69.9M | 0.05% | −918,846−27.5% | Reduced |
| Bank of Montreal | 2,319,008 | $66.8M | 0.03% | +254,927+12.4% | Added |
| Wells Fargo & Company | 2,279,599 | $65.7M | 0.01% | +447,711+24.4% | Added |
| Victory Capital Management Inc | 2,268,790 | $65.4M | 0.04% | +15,261+0.7% | Added |
| Retirement Systems of Alabama | 2,259,890 | $65.1M | 0.21% | −596,816−20.9% | Reduced |
| Governors Lane LP | 2,256,926 | $65.0M | 6.00% | +1,204,841+114.5% | Added |
| Great West Life Assurance Co | 2,228,176 | $64.3M | 0.11% | −788,522−26.1% | Reduced |
| Jane Street Group, LLC | 2,197,589 | $63.3M | 0.08% | +2,173,959+9,200.0% | Added |
| Toronto Dominion Bank | 2,150,184 | $62.0M | 0.11% | +809,476+60.4% | Added |
| State Board of Administration of Florida Retirement System | 2,075,263 | $59.8M | 0.11% | −115,118−5.3% | Reduced |
| Point72 Asset Management, L.P. | 2,033,298 | $58.6M | 0.09% | +908,298+80.7% | Added |
| Empyrean Capital Partners, LP | 2,000,000 | $57.6M | 2.01% | +2,000,000 | New |
| Aviva PLC | 1,968,488 | $56.7M | 0.10% | +104,403+5.6% | Added |
| ING Groep NV | 1,878,173 | $54.1M | 0.33% | +1,587,114+545.3% | Added |
| Beck Mack & Oliver LLC | 1,870,720 | $53.9M | 0.98% | −163,436−8.0% | Reduced |
| New York State Teachers Retirement System | 1,810,882 | $52.2M | 0.10% | +34,918+2.0% | Added |
| Massachusetts Financial Services Co | 1,792,191 | $51.7M | 0.02% | −641,595−26.4% | Reduced |
| Yacktman Asset Management LP | 1,782,860 | $51.4M | 0.72% | −5,555,477−75.7% | Reduced |