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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; 1,316 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.

Institutional holdersQ4 2025: 1,318 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: 1,316 institutions
Value heldQ4 2025: $51.9B
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 20261,316$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, Q4 2025

Shares, value and share of portfolio for each institution holding Warner Bros. Discovery, Inc.; share changes are against Q3 2025.

Institutions holding WBD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FWL Investment Management, LLC109$3.14K0.00%+109New
Measured Wealth Private Client Group, LLC111$3.20K0.00%00.0%Unchanged
Tanglewood Legacy Advisors, LLC112$3.23K0.00%00.0%Unchanged
Caitlin John, LLC113$3.26K0.00%00.0%Unchanged
United Financial Planning Group LLC117$3.37K0.00%+112+2,240.0%Added
Fairman Group, LLC120$3.46K0.00%+96+400.0%Added
Albion Financial Group120$3.46K0.00%+120New
1015 Capital Partners, LLC122$3.52K0.00%+122New
Manning & Napier Advisors LLC125$3.62K0.00%+125New
Bellevue Asset Management, LLC129$3.72K0.00%−48−27.1%Reduced
Rachor Investment Advisory Services, LLC133$3.83K0.00%+133New
High Note Wealth, LLC136$3.92K0.00%+113+491.3%Added
Farmers & Merchants Investments Inc138$3.98K0.00%+5+3.8%Added
Hanson & Doremus Investment Management147$4.00K0.00%+147New
First Pacific Financial145$4.18K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC146$4.21K0.00%−2,117−93.5%Reduced
Wealth Watch Advisors, INC146$4.21K0.00%−61−29.5%Reduced
Principia Wealth Advisory, LLC147$4.24K0.00%+20+15.7%Added
Trust Co of Toledo NA148$4.26K0.00%−21−12.4%Reduced
Vision Retirement, LLC151$4.35K0.00%+151New
Wealth Preservation Advisors, LLC154$4.44K0.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC168$4.84K0.00%+40+31.3%Added
Estabrook Capital Management168$4.84K0.00%00.0%Unchanged
Garner Asset Management Corp172$4.96K0.00%+172New
Keystone Financial Group, Inc.173$4.99K0.00%00.0%Unchanged
Farmers & Merchants Trust Co of Chambersburg PA162$5.00K0.00%00.0%Unchanged
JTC Employer Solutions Trusteee Ltd169$5.00K0.00%00.0%Unchanged
Motiv8 Investments LLC177$5.00K0.00%+177New
SIMA Wealth Partners, LLC174$5.01K0.00%−15−7.9%Reduced
Kayne Anderson Rudnick Investment Management LLC175$5.07K0.00%00.0%Unchanged
Granite FO LLC178$5.13K0.00%−17−8.7%Reduced
Retirement Wealth Solutions LLC181$5.22K0.00%+140+341.5%Added
Quest 10 Wealth Builders, Inc.185$5.33K0.00%−1−0.5%Reduced
Transamerica Financial Advisors, Inc.186$5.36K0.00%+69+59.0%Added
Gunpowder Capital Management, LLC dba Oliver Wealth Management191$5.50K0.00%+191New
Gilpin Wealth Management, LLC192$5.53K0.00%+192New
Conquis Financial LLC196$5.65K0.00%+196New
Oakworth Capital, Inc.203$5.85K0.00%00.0%Unchanged
Corsicana & Co.203$5.85K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC205$5.91K0.00%−19−8.5%Reduced
Insight Financial Services205$5.91K0.00%00.0%Unchanged
Penserra Capital Management LLC210$6.00K0.00%−104,632−99.8%Reduced
Resources Management Corp193$6.00K0.00%+193New
Frazier Financial Advisors, LLC209$6.02K0.00%−91−30.3%Reduced
NVWM, LLC212$6.11K0.00%+20+10.4%Added
Financial Network Wealth Advisors LLC213$6.14K0.01%00.0%Unchanged
Birchbrook, Inc.215$6.20K0.00%00.0%Unchanged
Maryland Capital Advisors Inc.219$6.31K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC221$6.37K0.00%+209+1,741.7%Added
Optima Capital LLC222$6.40K0.00%+222New
Sarver Vrooman Wealth Advisors224$6.46K0.00%00.0%Unchanged
Triumph Capital Management226$6.51K0.00%+226New
Newton One Investments LLC229$6.60K0.00%00.0%Unchanged
Hager Investment Management Services, LLC231$6.66K0.00%00.0%Unchanged
Clayton Financial Group LLC236$6.80K0.00%+137+138.4%Added
Basepoint Wealth LLC240$6.92K0.00%+240New
United Community Bank240$6.92K0.00%00.0%Unchanged
Duncker Streett & Co Inc241$6.95K0.00%−343−58.7%Reduced
CDKV Holdings LLC241$6.95K0.01%+241New
Miller Wealth Advisors, LLC247$7.12K0.00%00.0%Unchanged
Fourth Dimension Wealth, LLC247$7.12K0.00%00.0%Unchanged
Cresta Advisors, Ltd.247$7.12K0.00%+247New
Blueline Advisors LLC248$7.15K0.01%+248New
Heritage Wealth Advisors255$7.35K0.00%00.0%Unchanged
JNBA Financial Advisors258$7.44K0.00%+91+54.5%Added
Hara Capital LLC264$7.61K0.00%−150−36.2%Reduced
Signature Equity Partners, LLC270$7.78K0.00%+270New
Webster Bank, N. A.276$7.95K0.00%00.0%Unchanged
Costello Asset Management, INC277$7.98K0.00%−200−41.9%Reduced
Luken Investment Analytics, LLC278$8.01K0.00%+20+7.8%Added
McGuire Capital Advisors Inc280$8.07K0.01%+280New
Mowery & Schoenfeld Wealth Management, LLC283$8.16K0.01%00.0%Unchanged
SWAN Capital LLC288$8.30K0.00%00.0%Unchanged
Chesapeake Asset Management LLC299$8.62K0.01%−137−31.4%Reduced
Highline Wealth Partners LLC299$8.62K0.00%+159+113.6%Added
Asset Planning,Inc305$8.79K0.01%00.0%Unchanged
Kozak & Associates, Inc.316$9.13K0.00%+47+17.5%Added
Clark Wealth Partners318$9.16K0.01%00.0%Unchanged
Daytona Street Capital LLC322$9.28K0.01%+322New
Laurel Wealth Advisors LLC323$9.31K0.00%+323New
HFM Investment Advisors, LLC325$9.37K0.00%00.0%Unchanged
Dynamic Wealth Strategies, LLC330$9.51K0.01%00.0%Unchanged
BOK Financial Private Wealth, Inc.331$9.54K0.00%+331New
IMG Wealth Management, Inc.333$9.60K0.01%+331+16,550.0%Added
Avalon Trust Co334$9.63K0.00%−386−53.6%Reduced
Wall Street Access Asset Management, LLC336$9.68K0.00%00.0%Unchanged
Cornerstone Financial Management LLC338$9.74K0.01%+338New
Centennial Bank339$9.77K0.00%00.0%Unchanged
Raffa Wealth Management, LLC342$9.86K0.00%+119+53.4%Added
Evelyn Partners Investment Management Services Ltd343$9.88K0.00%00.0%Unchanged
Evelyn Partners Investment Management LLP343$9.88K0.00%00.0%Unchanged
True Wealth Design, LLC343$9.89K0.00%−25−6.8%Reduced
Joseph Group Capital Management346$9.97K0.00%+346New
Pin Oak Investment Advisors Inc350$10.0K0.01%00.0%Unchanged
T. Rowe Price Investment Management, Inc.321$10.0K0.00%+321New
Crewe Advisors LLC351$10.1K0.00%+38+12.1%Added
Safe Harbor Fiduciary, LLC353$10.2K0.01%+353New
Bruce G. Allen Investments, LLC354$10.2K0.01%+112+46.3%Added
Marquette Asset Management, LLC354$10.2K0.00%+144+68.6%Added
Gleason Group, Inc.362$10.4K0.00%+362New