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 |
|---|---|---|---|---|---|
| State of Wisconsin Investment Board | 1,358,934 | $39.2M | 0.09% | −728,106−34.9% | Reduced |
| NEOS Investment Management LLC | 1,389,366 | $40.0M | 0.23% | +261,596+23.2% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1,423,992 | $40.8M | 0.07% | −107,719−7.0% | Reduced |
| Manufacturers Life Insurance Company, The | 1,433,281 | $41.3M | 0.03% | −27,271−1.9% | Reduced |
| CRCM LP | 1,500,000 | $43.2M | 14.61% | +1,500,000 | New |
| DME Capital Management, LPSuperinvestorGreenlight Capital | 1,533,080 | $44.2M | 1.55% | +1,533,080 | New |
| Group One Trading, L.P. | 1,534,831 | $44.2M | 1.31% | +242,581+18.8% | Added |
| Swedbank AB | 1,535,742 | $44.3M | 0.04% | +470,297+44.1% | Added |
| PSquared Asset Management AG | 1,540,876 | $44.4M | 20.78% | +1,540,876 | New |
| Capula Management Ltd | 1,597,068 | $46.0M | 0.30% | +1,597,068 | New |
| Russell Investments Group, Ltd. | 1,609,313 | $46.4M | 0.05% | +105,324+7.0% | Added |
| Douglas Lane & Associates, LLC | 1,646,515 | $47.5M | 0.65% | −88,855−5.1% | Reduced |
| Eubel Brady & Suttman Asset Management Inc | 1,669,261 | $48.1M | 5.41% | −608,381−26.7% | Reduced |
| Prudential Financial Inc | 1,685,080 | $48.6M | 0.06% | −438,503−20.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,706,721 | $49.2M | 0.07% | +22,922+1.4% | Added |
| CNH Partners LLC | 1,731,448 | $49.9M | 1.05% | +1,731,448 | New |
| Standard Life Aberdeen plc | 1,742,937 | $50.2M | 0.08% | −39,094−2.2% | Reduced |
| CIBC World Markets Corp | 1,743,714 | $50.3M | 0.25% | +1,743,714 | New |
| Yacktman Asset Management LP | 1,782,860 | $51.4M | 0.72% | −5,555,477−75.7% | Reduced |
| Massachusetts Financial Services Co | 1,792,191 | $51.7M | 0.02% | −641,595−26.4% | Reduced |
| New York State Teachers Retirement System | 1,810,882 | $52.2M | 0.10% | +34,918+2.0% | Added |
| Beck Mack & Oliver LLC | 1,870,720 | $53.9M | 0.98% | −163,436−8.0% | Reduced |
| ING Groep NV | 1,878,173 | $54.1M | 0.33% | +1,587,114+545.3% | Added |
| Aviva PLC | 1,968,488 | $56.7M | 0.10% | +104,403+5.6% | Added |
| Empyrean Capital Partners, LP | 2,000,000 | $57.6M | 2.01% | +2,000,000 | New |
| Point72 Asset Management, L.P. | 2,033,298 | $58.6M | 0.09% | +908,298+80.7% | Added |
| State Board of Administration of Florida Retirement System | 2,075,263 | $59.8M | 0.11% | −115,118−5.3% | Reduced |
| Toronto Dominion Bank | 2,150,184 | $62.0M | 0.11% | +809,476+60.4% | Added |
| Jane Street Group, LLC | 2,197,589 | $63.3M | 0.08% | +2,173,959+9,200.0% | Added |
| Great West Life Assurance Co | 2,228,176 | $64.3M | 0.11% | −788,522−26.1% | Reduced |
| Governors Lane LP | 2,256,926 | $65.0M | 6.00% | +1,204,841+114.5% | Added |
| Retirement Systems of Alabama | 2,259,890 | $65.1M | 0.21% | −596,816−20.9% | Reduced |
| Victory Capital Management Inc | 2,268,790 | $65.4M | 0.04% | +15,261+0.7% | Added |
| Wells Fargo & Company | 2,279,599 | $65.7M | 0.01% | +447,711+24.4% | Added |
| Bank of Montreal | 2,319,008 | $66.8M | 0.03% | +254,927+12.4% | Added |
| First Trust Advisors LP | 2,423,963 | $69.9M | 0.05% | −918,846−27.5% | Reduced |
| Laurion Capital Management LP | 2,427,610 | $70.0M | 4.77% | +2,291,128+1,678.7% | Added |
| Public Sector Pension Investment Board | 2,500,038 | $72.1M | 0.24% | +2,225,311+810.0% | Added |
| Melqart Asset Management (UK) Ltd | 2,564,169 | $73.9M | 7.39% | +2,564,169 | New |
| Private Management Group Inc | 2,731,816 | $78.7M | 2.29% | −1,242,855−31.3% | Reduced |
| Principal Financial Group Inc | 2,748,072 | $79.2M | 0.04% | +69,544+2.6% | Added |
| Nomura Holdings Inc | 2,764,502 | $79.7M | 0.23% | +2,516,216+1,013.4% | Added |
| Gamco Investors, Inc. Et Al | 2,767,823 | $79.8M | 0.77% | −199,696−6.7% | Reduced |
| Gabelli Funds LLC | 2,781,125 | $80.2M | 0.54% | +147,475+5.6% | Added |
| Man Group plc | 2,797,337 | $80.6M | 0.15% | +1,061,390+61.1% | Added |
| Pine Valley Investments Ltd Liability Co | 2,848,883 | $82.1M | 4.09% | −801,791−22.0% | Reduced |
| Tremblant Capital Group | 2,904,702 | $83.7M | 2.14% | −131,580−4.3% | Reduced |
| Senator Investment Group LP | 3,049,244 | $87.9M | 3.52% | −787,500−20.5% | Reduced |
| Hauser Brothers GmbH | 3,052,000 | $88.0M | 62.53% | +175,000+6.1% | Added |
| XN LP | 3,084,372 | $88.9M | 2.49% | −2,530,353−45.1% | Reduced |
| Magnetar Financial LLC | 3,183,153 | $91.7M | 0.90% | +3,183,153 | New |
| KBC Group NV | 3,463,358 | $99.8M | 0.23% | +2,092,158+152.6% | Added |
| Thrivent Financial for Lutherans | 3,535,391 | $101.9M | 0.18% | −2,328,762−39.7% | Reduced |
| Alliancebernstein L.P. | 3,549,410 | $102.3M | 0.03% | +545,227+18.1% | Added |
| Price T Rowe Associates Inc | 3,622,628 | $104.4M | 0.01% | −9,364−0.3% | Reduced |
| Wellington Management Group LLP | 3,637,740 | $104.8M | 0.02% | +3,637,740 | New |
| Westchester Capital Management, LLC | 3,649,601 | $105.2M | 4.95% | +2,371,301+185.5% | Added |
| California State Teachers Retirement System | 3,687,728 | $106.3M | 0.11% | −29,113−0.8% | Reduced |
| Capstone Investment Advisors, LLC | 3,750,000 | $108.1M | 0.88% | +3,750,000 | New |
| SG Americas Securities, LLC | 3,781,261 | $109.0M | 0.14% | +3,626,012+2,335.6% | Added |
| Adage Capital Partners GP, L.L.C. | 3,923,383 | $113.1M | 0.17% | +1,669,540+74.1% | Added |
| California Public Employees Retirement System | 4,018,540 | $115.8M | 0.07% | +57,155+1.4% | Added |
| HSBC Holdings PLC | 4,241,122 | $122.3M | 0.07% | +68,804+1.6% | Added |
| Bank of Nova Scotia | 4,259,926 | $122.8M | 0.18% | +3,961,944+1,329.6% | Added |
| ProShare Advisors LLC | 4,353,089 | $125.5M | 0.22% | +1,221,131+39.0% | Added |
| LMR Partners LLP | 4,470,373 | $128.8M | 1.24% | +4,010,143+871.3% | Added |
| TIG Advisors, LLC | 4,689,293 | $135.1M | 6.51% | +3,840,782+452.6% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 4,825,020 | $139.1M | 0.08% | −165,513−3.3% | Reduced |
| Royal Bank of Canada | 4,966,485 | $143.1M | 0.03% | +1,569,976+46.2% | Added |
| Citigroup Inc | 5,089,660 | $146.7M | 0.10% | +1,037,854+25.6% | Added |
| Susquehanna International Group, LLP | 5,222,762 | $150.5M | 0.21% | +1,263,503+31.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 5,299,328 | $151.1M | 0.10% | +256,172+5.1% | Added |
| Marshall Wace, LLP | 5,252,031 | $151.4M | 0.15% | +124,771+2.4% | Added |
| Nuveen, LLC | 5,658,913 | $163.1M | 0.04% | −1,613,504−22.2% | Reduced |
| Rhumbline Advisers | 5,739,867 | $165.4M | 0.13% | −137,185−2.3% | Reduced |
| National Pension Service | 5,833,563 | $168.1M | 0.12% | +2,094,220+56.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 5,981,814 | $172.4M | 0.29% | +5,000,437+509.5% | Added |
| Qube Research & Technologies Ltd | 6,144,938 | $177.1M | 0.25% | +6,144,938 | New |
| HRT Financial LP | 6,250,016 | $180.1M | 0.57% | +6,250,016 | New |
| National Bank of Canada | 6,371,037 | $183.6M | 0.19% | +4,734,078+289.2% | Added |
| Swiss National Bank | 6,445,227 | $185.8M | 0.11% | −329,900−4.9% | Reduced |
| Deutsche Bank AG | 6,747,977 | $194.5M | 0.06% | −6,168,456−47.8% | Reduced |
| Allianz Asset Management GmbH | 6,839,793 | $197.1M | 0.23% | −2,487,185−26.7% | Reduced |
| Newport Trust Co | 7,550,349 | $217.6M | 0.52% | −628,009−7.7% | Reduced |
| Sachem Head Capital Management LP | 7,995,000 | $230.4M | 5.40% | +4,135,000+107.1% | Added |
| Verition Fund Management LLC | 8,490,775 | $244.7M | 1.32% | +4,906,945+136.9% | Added |
| HBK Investments L P | 8,924,170 | $257.2M | 2.78% | +7,174,170+410.0% | Added |
| Balyasny Asset Management LLC | 9,150,574 | $263.7M | 0.49% | +6,872,517+301.7% | Added |
| Pacer Advisors, Inc. | 9,388,632 | $270.6M | 0.70% | −13,400,215−58.8% | Reduced |
| JPMorgan Chase & Co | 9,793,210 | $282.2M | 0.02% | −13,377,063−57.7% | Reduced |
| D. E. Shaw & Co., Inc. | 9,956,406 | $286.9M | 0.22% | +3,827,741+62.5% | Added |
| BNP Paribas Arbitrage, SA | 9,986,331 | $287.8M | 0.18% | +2,230,473+28.8% | Added |
| Citadel Advisors LLC | 11,778,999 | $339.5M | 0.23% | +5,387,851+84.3% | Added |
| Neuberger Berman Group LLC | 12,452,042 | $358.9M | 0.27% | +4,599,675+58.6% | Added |
| Independent Franchise Partners LLP | 12,697,174 | $365.9M | 2.33% | −409,958−3.1% | Reduced |
| Amundi | 13,136,271 | $378.6M | 0.10% | −2,387,267−15.4% | Reduced |
| Bank of New York Mellon Corp | 13,308,993 | $383.6M | 0.07% | +1,9610.0% | Added |
| Bank of America Corp | 13,636,049 | $393.0M | 0.03% | −1,676,181−10.9% | Reduced |
| Barclays PLC | 14,118,028 | $406.9M | 0.16% | +2,792,774+24.7% | Added |
| Legal & General Group Plc | 15,045,260 | $433.6M | 0.10% | +759,407+5.3% | Added |