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 |
|---|---|---|---|---|---|
| UBS Asset Management Americas Inc | 15,052,196 | $433.8M | 0.09% | −2,358,095−13.5% | Reduced |
| Dimensional Fund Advisors LP | 18,041,885 | $520.0M | 0.11% | −778,973−4.1% | Reduced |
| Charles Schwab Investment Management Inc | 19,452,808 | $560.6M | 0.09% | +358,353+1.9% | Added |
| Northern Trust Corp | 22,797,285 | $657.0M | 0.08% | −699,440−3.0% | Reduced |
| Millennium Management LLC | 25,610,999 | $738.1M | 0.53% | +20,675,274+418.9% | Added |
| Morgan Stanley | 27,462,742 | $791.5M | 0.05% | +1,254,813+4.8% | Added |
| FMR LLC | 29,905,550 | $861.9M | 0.04% | −11,312,839−27.4% | Reduced |
| UBS Group AG | 33,339,744 | $960.9M | 0.19% | +8,842,626+36.1% | Added |
| Norges Bank | 38,994,003 | $1.12B | 0.12% | +38,994,003 | New |
| Sessa Capital IM, L.P. | 45,565,629 | $1.31B | 26.10% | −5,058,519−10.0% | Reduced |
| Pentwater Capital Management LP | 46,075,000 | $1.33B | 9.61% | +19,015,000+70.3% | Added |
| Goldman Sachs Group Inc | 51,340,535 | $1.48B | 0.21% | +35,869,659+231.9% | Added |
| Geode Capital Management, LLC | 66,597,575 | $1.91B | 0.12% | +1,028,346+1.6% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 78,854,809 | $2.27B | 2.88% | −17,105,784−17.8% | Reduced |
| Invesco Ltd. | 81,395,894 | $2.35B | 0.22% | +45,675,928+127.9% | Added |
| State Street Corp | 131,066,834 | $3.78B | 0.13% | −27,262,597−17.2% | Reduced |
| BlackRock, Inc. | 193,830,450 | $5.59B | 0.09% | +9,258,699+5.0% | Added |
| Vanguard Group Inc | 283,180,433 | $8.16B | 0.12% | +1,966,278+0.7% | Added |
| Jericho Capital Asset Management L.P. | 0 | $0 | 0.00% | −35,095,390−100.0% | Sold out |
| Hotchkis & Wiley Capital Management LLC | 0 | $0 | 0.00% | −18,344,401−100.0% | Sold out |
| Slate Path Capital LP | 0 | $0 | 0.00% | −11,804,700−100.0% | Sold out |
| Contrarius Group Holdings Ltd | 0 | $0 | 0.00% | −11,803,203−100.0% | Sold out |
| Eminence Capital, LP | 0 | $0 | 0.00% | −4,750,267−100.0% | Sold out |
| Contour Asset Management LLC | 0 | $0 | 0.00% | −2,380,384−100.0% | Sold out |
| Kinetic Partners Management, LP | 0 | $0 | 0.00% | −2,315,671−100.0% | Sold out |
| Diameter Capital Partners LP | 0 | $0 | 0.00% | −2,250,000−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −2,177,400−100.0% | Sold out |
| Alyeska Investment Group, L.P. | 0 | $0 | 0.00% | −1,755,485−100.0% | Sold out |
| Coronation Fund Managers Ltd. | 0 | $0 | 0.00% | −1,620,341−100.0% | Sold out |
| Foxhaven Asset Management, LP | 0 | $0 | 0.00% | −1,474,450−100.0% | Sold out |
| APG Asset Management N.V. | 0 | $0 | 0.00% | −1,486,169−100.0% | Sold out |
| Capco Asset Management, LLC | 0 | $0 | 0.00% | −1,160,143−100.0% | Sold out |
| Benchstone Capital Management LP | 0 | $0 | 0.00% | −1,026,645−100.0% | Sold out |
| Greenwich Wealth Management LLC | 0 | $0 | 0.00% | −1,002,011−100.0% | Sold out |
| Peconic Partners LLC | 0 | $0 | 0.00% | −1,000,000−100.0% | Sold out |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −888,133−100.0% | Sold out |
| Staley Capital Advisers Inc | 0 | $0 | 0.00% | −656,211−100.0% | Sold out |
| Virginia Retirement Systems Et Al | 0 | $0 | 0.00% | −640,500−100.0% | Sold out |
| Hi-Line Capital Management, LLC | 0 | $0 | 0.00% | −611,598−100.0% | Sold out |
| Compass Rose Asset Management, LP | 0 | $0 | 0.00% | −550,000−100.0% | Sold out |
| Shay Capital LLC | 0 | $0 | 0.00% | −535,232−100.0% | Sold out |
| Factory Mutual Insurance Co | 0 | $0 | 0.00% | −511,406−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −458,385−100.0% | Sold out |
| Invenomic Capital Management LP | 0 | $0 | 0.00% | −409,365−100.0% | Sold out |
| Caption Management, LLC | 0 | $0 | 0.00% | −311,193−100.0% | Sold out |
| Investment House LLC | 0 | $0 | 0.00% | −299,656−100.0% | Sold out |
| Ossiam | 0 | $0 | 0.00% | −298,575−100.0% | Sold out |
| Hall Kathryn A. | 0 | $0 | 0.00% | −273,035−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −230,614−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −212,390−100.0% | Sold out |
| Quantitative Investment Management, LLC | 0 | $0 | 0.00% | −209,217−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −205,195−100.0% | Sold out |
| Alexander Randolph Advisory, Inc. | 0 | $0 | 0.00% | −201,291−100.0% | Sold out |
| State of Wyoming | 0 | $0 | 0.00% | −200,010−100.0% | Sold out |
| Motley Fool Asset Management LLC | 0 | $0 | 0.00% | −167,575−100.0% | Sold out |
| Iridian Asset Management LLC | 0 | $0 | 0.00% | −143,177−100.0% | Sold out |
| Hershey Financial Advisers, LLC | 0 | $0 | 0.00% | −128,504−100.0% | Sold out |
| Ieq Capital, LLC | 0 | $0 | 0.00% | −114,771−100.0% | Sold out |
| Hussman Strategic Advisors, Inc. | 0 | $0 | 0.00% | −105,000−100.0% | Sold out |
| Susquehanna Advisors Group, Inc. | 0 | $0 | 0.00% | −100,260−100.0% | Sold out |
| Plustick Management LLC | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| New Age Alpha Advisors, LLC | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −91,552−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −89,290−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −74,993−100.0% | Sold out |
| Cinctive Capital Management LP | 0 | $0 | 0.00% | −70,737−100.0% | Sold out |
| Brighton Jones LLC | 0 | $0 | 0.00% | −67,305−100.0% | Sold out |
| Fedenia Advisers LLC | 0 | $0 | 0.00% | −66,814−100.0% | Sold out |
| Symmetry Investments LP | 0 | $0 | 0.00% | −62,500−100.0% | Sold out |
| Cumberland Partners Ltd | 0 | $0 | 0.00% | −60,300−100.0% | Sold out |
| III Capital Management | 0 | $0 | 0.00% | −60,000−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −59,487−100.0% | Sold out |
| QVT Financial LP | 0 | $0 | 0.00% | −58,555−100.0% | Sold out |
| Park Avenue Securities LLC | 0 | $0 | 0.00% | −58,391−100.0% | Sold out |
| MSA Advisors, LLC | 0 | $0 | 0.00% | −56,800−100.0% | Sold out |
| Board of the Pension Protection Fund | 0 | $0 | 0.00% | −53,200−100.0% | Sold out |
| Corrado Advisors, LLC | 0 | $0 | 0.00% | −49,931−100.0% | Sold out |
| Keystone Financial Planning, Inc. | 0 | $0 | 0.00% | −47,638−100.0% | Sold out |
| VisionPoint Advisory Group, LLC | 0 | $0 | 0.00% | −44,625−100.0% | Sold out |
| Sandler Capital Management | 0 | $0 | 0.00% | −41,744−100.0% | Sold out |
| Elo Mutual Pension Insurance Co | 0 | $0 | 0.00% | −38,522−100.0% | Sold out |
| GFS Advisors, LLC | 0 | $0 | 0.00% | −37,252−100.0% | Sold out |
| Cohen Klingenstein LLC | 0 | $0 | 0.00% | −33,756−100.0% | Sold out |
| NJ State Employees Deferred Compensation Plan | 0 | $0 | 0.00% | −33,632−100.0% | Sold out |
| Park Capital Management, LLC | 0 | $0 | 0.00% | −32,501−100.0% | Sold out |
| Catalytic Wealth RIA, LLC | 0 | $0 | 0.00% | −27,966−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −25,451−100.0% | Sold out |
| Volterra Technologies LP | 0 | $0 | 0.00% | −25,384−100.0% | Sold out |
| Vicus Capital | 0 | $0 | 0.00% | −24,968−100.0% | Sold out |
| Consolidated Portfolio Review Corp | 0 | $0 | 0.00% | −22,997−100.0% | Sold out |
| Van Eck Associates Corp | 0 | $0 | 0.00% | −38,330−100.0% | Sold out |
| Equitable Trust Co | 0 | $0 | 0.00% | −22,032−100.0% | Sold out |
| NorthRock Partners, LLC | 0 | $0 | 0.00% | −18,556−100.0% | Sold out |
| Aristeia Capital LLC | 0 | $0 | 0.00% | −18,278−100.0% | Sold out |
| Beacon Financial Advisory LLC | 0 | $0 | 0.00% | −18,036−100.0% | Sold out |
| Phoenix Holdings Ltd. | 0 | $0 | 0.00% | −17,323−100.0% | Sold out |
| CSM Advisors, LLC | 0 | $0 | 0.00% | −17,110−100.0% | Sold out |
| AIA Group Ltd | 0 | $0 | 0.00% | −14,467−100.0% | Sold out |
| Marex Group plc | 0 | $0 | 0.00% | −14,316−100.0% | Sold out |
| Albert D Mason Inc | 0 | $0 | 0.00% | −13,291−100.0% | Sold out |