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, 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 | 1,317 | $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 |
|---|---|---|---|---|---|
| Becker Capital Management Inc | 225,789 | $6.51M | 0.19% | −28,282−11.1% | Reduced |
| Mackay Shields LLC | 226,250 | $6.52M | 0.23% | −173,750−43.4% | Reduced |
| Mediatel Partners | 226,265 | $6.52M | 21.92% | 00.0% | Unchanged |
| Capitolis Liquid Global Markets LLC | 226,275 | $6.52M | 0.04% | +226,275 | New |
| Public Employees Retirement Association of Colorado | 226,574 | $6.53M | 0.02% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 227,362 | $6.55M | 0.02% | −13,945−5.8% | Reduced |
| Angelo Gordon & Co., L.P. | 230,000 | $6.63M | 0.63% | +230,000 | New |
| PEAK6 LLC | 233,803 | $6.74M | 0.18% | +123,033+111.1% | Added |
| Swiss Life Asset Management Ltd | 233,972 | $6.74M | 0.03% | −5,678−2.4% | Reduced |
| Alpine Global Management, LLC | 235,000 | $6.77M | 1.51% | +235,000 | New |
| Voleon Capital Management LP | 237,004 | $6.83M | 0.15% | +186,843+372.5% | Added |
| Decker Retirement Planning Inc. | 241,107 | $6.95M | 3.45% | +241,107 | New |
| HighTower Advisors, LLC | 242,969 | $7.00M | 0.01% | −39,540−14.0% | Reduced |
| ASR Vermogensbeheer N.V. | 245,324 | $7.07M | 0.08% | +3,704+1.5% | Added |
| Vestcor Inc | 247,260 | $7.13M | 0.20% | +200,000+423.2% | Added |
| State of Alaska, Department of Revenue | 247,649 | $7.14M | 0.08% | −17,400−6.6% | Reduced |
| QRG Capital Management, Inc. | 248,322 | $7.16M | 0.08% | +222,580+864.7% | Added |
| Achmea Investment Management B.V. | 248,593 | $7.16M | 0.18% | +248,593 | New |
| Element Capital Management LLC | 250,000 | $7.21M | 3.73% | +250,000 | New |
| First National Bank of Omaha | 250,579 | $7.25M | 0.21% | +250,579 | New |
| Nine Masts Capital Ltd | 251,849 | $7.26M | 1.25% | +251,849 | New |
| Quintet Private Bank (Europe) S.A. | 261,317 | $7.53M | 0.44% | −15,481−5.6% | Reduced |
| CIBC World Markets Inc. | 261,568 | $7.54M | 0.01% | +234,988+884.1% | Added |
| OP Asset Management Ltd | 261,743 | $7.54M | 0.09% | +1,596+0.6% | Added |
| Profund Advisors LLC | 264,779 | $7.63M | 0.23% | −22,048−7.7% | Reduced |
| Mutual of America Capital Management LLC | 266,030 | $7.67M | 0.08% | −2,288−0.9% | Reduced |
| SummitTX Capital, L.P. | 266,601 | $7.68M | 0.23% | +147,217+123.3% | Added |
| Parkside Investments, LLC | 268,504 | $7.74M | 0.97% | −44,700−14.3% | Reduced |
| Quantbot Technologies LP | 276,530 | $7.97M | 0.27% | +276,530 | New |
| XTX Topco Ltd | 276,794 | $7.98M | 0.21% | +195,347+239.8% | Added |
| Andra AP-fonden | 279,800 | $8.06M | 0.10% | +279,800 | New |
| HB Wealth Management, LLC | 283,068 | $8.16M | 0.05% | +8,040+2.9% | Added |
| VestGen Advisors, LLC | 283,293 | $8.16M | 0.35% | +186,967+194.1% | Added |
| Oregon Public Employees Retirement Fund | 283,787 | $8.18M | 0.10% | +800+0.3% | Added |
| Sendero Wealth Management, LLC | 285,713 | $8.23M | 0.91% | −171,032−37.4% | Reduced |
| Janus Henderson Group PLC | 285,682 | $8.24M | 0.00% | −11,758−4.0% | Reduced |
| Ethic Inc. | 287,464 | $8.28M | 0.13% | +48,474+20.3% | Added |
| Oppenheimer & Co Inc | 287,757 | $8.29M | 0.12% | −9,886−3.3% | Reduced |
| BCJ Capital Management, LLC | 288,408 | $8.31M | 0.48% | +288,408 | New |
| Federation des caisses Desjardins du Quebec | 291,339 | $8.39M | 0.03% | +20,104+7.4% | Added |
| Louisiana State Employees Retirement System | 292,400 | $8.43M | 0.14% | −18,100−5.8% | Reduced |
| Yousif Capital Management, LLC | 304,103 | $8.59M | 0.09% | −24,501−7.5% | Reduced |
| Shelton Capital Management | 298,930 | $8.62M | 0.17% | +6,832+2.3% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 299,145 | $8.62M | 0.07% | +3,097+1.0% | Added |
| JustInvest LLC | 302,136 | $8.71M | 0.08% | +64,329+27.1% | Added |
| Norinchukin Bank, The | 307,311 | $8.86M | 0.10% | +23,978+8.5% | Added |
| iA Global Asset Management Inc. | 308,052 | $8.88M | 0.11% | +21,388+7.5% | Added |
| TSP Capital Management Group, LLC | – | $8.99M | 2.20% | – | – |
| Readystate Asset Management LP | 316,338 | $9.12M | 0.40% | +316,338 | New |
| Macquarie Group Ltd | 317,063 | $9.14M | 0.04% | +25,533+8.8% | Added |
| CI Private Wealth, LLC | 323,826 | $9.33M | 0.01% | +71,973+28.6% | Added |
| Triad Investment Management | 325,574 | $9.38M | 9.50% | +325,574 | New |
| Glazer Capital, LLC | 332,507 | $9.58M | 0.25% | +332,507 | New |
| Versor Investments LP | 332,757 | $9.59M | 1.49% | +332,757 | New |
| USS Investment Management Ltd | 339,566 | $9.79M | 0.05% | 00.0% | Unchanged |
| Mariner, LLC | 340,490 | $9.81M | 0.01% | −149,394−30.5% | Reduced |
| Patton Fund Management, Inc. | 346,057 | $9.97M | 1.34% | +100,535+40.9% | Added |
| Jump Financial, LLC | 348,384 | $10.0M | 0.13% | −731,349−67.7% | Reduced |
| Timber Creek Capital Management LLC | 354,015 | $10.2M | 2.37% | −23,434−6.2% | Reduced |
| Prelude Capital Management, LLC | 356,157 | $10.3M | 0.76% | +223,139+167.8% | Added |
| Xponance, Inc. | 356,368 | $10.3M | 0.08% | +20,982+6.3% | Added |
| Police & Firemen's Retirement System of New Jersey | 357,542 | $10.3M | 0.09% | −16,985−4.5% | Reduced |
| New York Life Investment Management LLC | 359,438 | $10.4M | 0.09% | +661+0.2% | Added |
| Comerica Bank | 360,213 | $10.4M | 0.04% | −8,771−2.4% | Reduced |
| P Schoenfeld Asset Management LP | 362,503 | $10.4M | 5.12% | +195,561+117.1% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 363,770 | $10.5M | 0.10% | +363,770 | New |
| Tokio Marine Asset Management Co Ltd | 363,983 | $10.5M | 0.36% | +274,000+304.5% | Added |
| Nisa Investment Advisors, LLC | 364,895 | $10.5M | 0.03% | +63,504+21.1% | Added |
| Cetera Investment Advisers | 366,363 | $10.6M | 0.01% | −24,273−6.2% | Reduced |
| Commonwealth Equity Services, LLC | 366,977 | $10.6M | 0.01% | −37,128−9.2% | Reduced |
| Ardmore Road Asset Management LP | 368,587 | $10.6M | 0.81% | +368,587 | New |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 369,600 | $10.7M | 0.09% | +9,800+2.7% | Added |
| Exchange Traded Concepts, LLC | 371,582 | $10.7M | 0.09% | +6,985+1.9% | Added |
| MML Investors Services, LLC | 372,054 | $10.7M | 0.03% | +120,826+48.1% | Added |
| HGK Asset Management Inc | 382,368 | $11.0M | 1.63% | +27,570+7.8% | Added |
| Utah Retirement Systems | 384,807 | $11.1M | 0.11% | +438+0.1% | Added |
| Robeco Institutional Asset Management B.V. | 390,853 | $11.3M | 0.02% | −125,720−24.3% | Reduced |
| Alberta Investment Management Corp | 393,675 | $11.3M | 0.07% | +393,675 | New |
| Schonfeld Strategic Advisors LLC | 394,140 | $11.4M | 0.06% | −250,928−38.9% | Reduced |
| Diversified Investment Strategies, LLC | 394,185 | $11.4M | 7.45% | −21,310−5.1% | Reduced |
| Harvest Fund Management Co., Ltd | 636,402 | $11.5M | 0.43% | +185,015+41.0% | Added |
| Mackenzie Financial Corp | 398,999 | $11.5M | 0.01% | +102,161+34.4% | Added |
| Whitebox Advisors LLC | 400,001 | $11.5M | 0.19% | +340,262+569.6% | Added |
| Bridgewater Associates, LP | 411,484 | $11.9M | 0.04% | +411,484 | New |
| BW Gestao de Investimentos Ltda. | 415,928 | $12.0M | 0.42% | +415,928 | New |
| British Columbia Investment Management Corp | 417,388 | $12.0M | 0.06% | +79,594+23.6% | Added |
| Gabelli & Co Investment Advisers, Inc. | 417,850 | $12.0M | 1.81% | +360,950+634.4% | Added |
| Varma Mutual Pension Insurance Co | 429,300 | $12.4M | 0.07% | +429,300 | New |
| Royal London Asset Management Ltd | 439,274 | $12.7M | 0.03% | −304,532−40.9% | Reduced |
| Prospera Financial Services Inc | 451,631 | $13.0M | 0.21% | +169,229+59.9% | Added |
| Rakuten Investment Management, Inc. | 454,892 | $13.1M | 0.04% | +418,129+1,137.4% | Added |
| Amalgamated Bank | 456,798 | $13.2M | 0.10% | −6,050−1.3% | Reduced |
| IFM Investors Pty Ltd | 463,656 | $13.4M | 0.11% | +5,854+1.3% | Added |
| DnB Asset Management AS | 463,717 | $13.4M | 0.05% | −813,338−63.7% | Reduced |
| AQR Capital Management LLC | 465,842 | $13.4M | 0.01% | −48,273−9.4% | Reduced |
| SOL Capital Management CO | 467,056 | $13.5M | 1.21% | −14,020−2.9% | Reduced |
| Poehling Capital Management, LLC | 483,848 | $13.9M | 2.85% | −421,832−46.6% | Reduced |
| Voya Investment Management LLC | 485,538 | $14.0M | 0.01% | −2,616,200−84.3% | Reduced |
| O'Shaughnessy Asset Management, LLC | 486,029 | $14.0M | 0.08% | +143,237+41.8% | Added |
| M&G Plc | 483,076 | $14.0M | 0.07% | +31,009+6.9% | Added |