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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,316 | $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 |
|---|---|---|---|---|---|
| Walker Asset Management, LLC | 9,003 | $259.5K | 0.14% | +9,003 | New |
| Silverlake Wealth Management LLC | 9,009 | $259.6K | 0.06% | +9,009 | New |
| Journey Strategic Wealth LLC | 9,023 | $260.0K | 0.01% | +9,023 | New |
| Inscription Capital, LLC | 9,085 | $261.8K | 0.03% | +9,085 | New |
| Davenport & Co LLC | 9,094 | $262.1K | 0.00% | +9,094 | New |
| RNC Capital Management LLC | 9,160 | $264.0K | 0.01% | +9,160 | New |
| MJP Associates Inc | 9,214 | $265.5K | 0.03% | +9,214 | New |
| Ritholtz Wealth Management | 9,217 | $265.6K | 0.00% | +9,217 | New |
| Claro Advisors LLC | 9,358 | $269.7K | 0.04% | −2,233−19.3% | Reduced |
| Hall Laurie J Trustee | 9,382 | $270.4K | 0.09% | +9,382 | New |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 9,468 | $272.9K | 0.01% | −5,279−35.8% | Reduced |
| Cahaba Wealth Management, Inc. | 9,509 | $274.0K | 0.02% | −493−4.9% | Reduced |
| Athena Investment Management | 9,518 | $274.3K | 0.14% | +9,518 | New |
| Tyche Wealth Partners LLC | 9,570 | $275.8K | 0.04% | +9,570 | New |
| MASTERINVEST Kapitalanlage GmbH | 9,627 | $278.6K | 0.03% | +9,627 | New |
| Massmutual Trust Co FSB | 9,686 | $279.2K | 0.01% | −449−4.4% | Reduced |
| Axxcess Wealth Management, LLC | 9,687 | $279.2K | 0.00% | −695−6.7% | Reduced |
| Argyle Capital Management Inc. | 9,707 | $279.8K | 0.09% | −363−3.6% | Reduced |
| Cornerstone Wealth Group, LLC | 9,738 | $280.7K | 0.02% | +9,738 | New |
| Versant Capital Management, Inc | 9,758 | $281.2K | 0.04% | +1,270+15.0% | Added |
| TD Private Client Wealth LLC | 9,814 | $282.8K | 0.01% | +7,635+350.4% | Added |
| Deseret Mutual Benefit Administrators | 9,833 | $283.4K | 0.12% | −652−6.2% | Reduced |
| TCI Wealth Advisors, Inc. | 9,846 | $283.8K | 0.02% | +9,846 | New |
| Empire Financial Management Company, LLC | 9,849 | $283.8K | 0.06% | +9,849 | New |
| Axq Capital, LP | 9,868 | $284.4K | 0.06% | +9,868 | New |
| Central Trust Co | 9,882 | $284.8K | 0.01% | +1,179+13.5% | Added |
| Alta Advisers Ltd | 9,943 | $286.6K | 0.10% | −800−7.4% | Reduced |
| Fee-Only Financial Planning, L.C. | 9,945 | $286.6K | 0.17% | +9,945 | New |
| Hunting Hill Global Capital, LLC | 9,966 | $287.2K | 0.28% | +9,966 | New |
| LTS Liquid Investments LLC | 9,974 | $287.5K | 0.27% | +9,974 | New |
| Fielder Capital Group LLC | 9,998 | $288.1K | 0.06% | −1,145−10.3% | Reduced |
| Hedges Asset Management LLC | 10,000 | $288.2K | 0.20% | −66,300−86.9% | Reduced |
| Flywheel Private Wealth LLC | 10,000 | $288.2K | 0.18% | 00.0% | Unchanged |
| Alpha Family Trust | 10,160 | $292.8K | 0.13% | 00.0% | Unchanged |
| Advisory Alpha, LLC | 10,162 | $292.9K | 0.01% | +153+1.5% | Added |
| Safeguard Investment Advisory Group, LLC | 10,190 | $293.7K | 0.08% | −274−2.6% | Reduced |
| Parkside Financial Bank & Trust | 10,198 | $293.9K | 0.02% | +1,276+14.3% | Added |
| Joel Isaacson & Co., LLC | 10,216 | $294.4K | 0.01% | +10,216 | New |
| Simon Quick Advisors, LLC | 10,266 | $295.9K | 0.01% | +10,266 | New |
| Angeles Wealth Management, LLC | 10,302 | $296.9K | 0.02% | +10,302 | New |
| COFG Advisors, LLC | 10,306 | $297.0K | 0.07% | +10,306 | New |
| IFG Advisory, LLC | 10,339 | $298.0K | 0.01% | +10,339 | New |
| Ascent Group, LLC | 10,378 | $299.1K | 0.01% | +10,378 | New |
| TABR Capital Management, LLC | 10,451 | $301.2K | 0.20% | +10,451 | New |
| Integrity Alliance, LLC. | 10,482 | $302.1K | 0.01% | +10,482 | New |
| AlphaCore Capital LLC | 10,617 | $306.0K | 0.01% | −24,541−69.8% | Reduced |
| Vaughan David Investments LLC | 10,628 | $306.0K | 0.01% | −1,701−13.8% | Reduced |
| Keel Point, LLC | 10,664 | $307.3K | 0.02% | −677−6.0% | Reduced |
| Verdad Advisers, LP | 10,712 | $308.7K | 0.35% | +10,712 | New |
| Flagship Harbor Advisors, LLC | 10,718 | $308.9K | 0.01% | −1,905−15.1% | Reduced |
| Adapt Wealth Advisors, LLC | 10,884 | $313.7K | 0.11% | +107+1.0% | Added |
| Robertson Stephens Wealth Management, LLC | 10,908 | $314.4K | 0.01% | +10,908 | New |
| PDS Planning, Inc | 10,963 | $316.0K | 0.02% | +10,963 | New |
| Element Wealth, LLC | 10,972 | $316.2K | 0.13% | +10,972 | New |
| Glen Eagle Advisors, LLC | 11,023 | $317.7K | 0.04% | +5,634+104.5% | Added |
| Wolverine Asset Management LLC | 11,035 | $318.0K | 0.00% | +11,035 | New |
| Wealth Enhancement Trust Services, Inc. | 11,075 | $319.2K | 0.04% | +11,075 | New |
| Beaton Management Co. Inc. | 11,140 | $321.0K | 0.14% | 00.0% | Unchanged |
| Marble Bar Asset Management LLP | 11,163 | $321.7K | 7.46% | +11,163 | New |
| Armstrong, Fleming & Moore, Inc | 11,168 | $321.9K | 0.15% | 00.0% | Unchanged |
| Sterneck Capital Management, LLC | 11,246 | $324.1K | 0.15% | +209+1.9% | Added |
| Canandaigua National Trust Co of Florida | 11,288 | $325.3K | 0.20% | +11,288 | New |
| Jefferies Financial Group Inc. | 11,335 | $326.7K | 0.00% | +11,335 | New |
| Fortis Advisors, LLC | 11,400 | $328.5K | 0.18% | 00.0% | Unchanged |
| Sowell Financial Services LLC | 11,435 | $329.6K | 0.01% | −57−0.5% | Reduced |
| Scotia Capital Inc. | 11,443 | $329.8K | 0.00% | +11,443 | New |
| Baxter Bros Inc | 11,449 | $330.0K | 0.04% | −1,941−14.5% | Reduced |
| Zions Bancorporation, National Association | 11,472 | $330.6K | 0.02% | +1,064+10.2% | Added |
| Institute for Wealth Management, LLC. | 11,499 | $331.4K | 0.04% | −2,315−16.8% | Reduced |
| Conning Inc. | 11,530 | $332.3K | 0.01% | +490+4.4% | Added |
| Catalyst Financial Partners LLC | 11,536 | $332.5K | 0.04% | +595+5.4% | Added |
| Cornerstone Wealth Management, LLC | 11,543 | $332.7K | 0.02% | −1,586−12.1% | Reduced |
| MidFirst Bank | 11,565 | $333.3K | 0.03% | +11,565 | New |
| Tranquilli Financial Advisor LLC | 11,596 | $334.2K | 0.19% | +493+4.4% | Added |
| Papamarkou Wellner Asset Management inc. | 11,600 | $334.3K | 0.20% | 00.0% | Unchanged |
| Advisor OS, LLC | 11,675 | $336.5K | 0.03% | +11,675 | New |
| ORG Wealth Partners, LLC | 11,696 | $337.1K | 0.08% | −2,791−19.3% | Reduced |
| Hancock Whitney Corp | 11,768 | $339.2K | 0.01% | −240−2.0% | Reduced |
| L2 Asset Management, LLC | 11,798 | $340.0K | 0.05% | +772+7.0% | Added |
| Larson Financial Group LLC | 11,838 | $341.2K | 0.01% | +7,583+178.2% | Added |
| Bryn Mawr Trust Co | 11,850 | $341.5K | 0.01% | 00.0% | Unchanged |
| Vantus Wealth LLC | 12,118 | $349.2K | 0.26% | +12,118 | New |
| Pure Financial Advisors, Inc. | 12,305 | $354.6K | 0.01% | +12,305 | New |
| Keystone Financial Services | 12,333 | $355.4K | 0.11% | −860−6.5% | Reduced |
| Hantz Financial Services, Inc. | 12,338 | $356.0K | 0.01% | +2,626+27.0% | Added |
| SCS Capital Management LLC | 12,457 | $359.0K | 0.00% | −57−0.5% | Reduced |
| Great Valley Advisor Group, Inc. | 12,492 | $359.7K | 0.01% | +340+2.8% | Added |
| New Capital Management LP | 12,700 | $366.0K | 0.09% | 00.0% | Unchanged |
| Investors Asset Management of Georgia Inc | 12,715 | $366.4K | 0.15% | −498−3.8% | Reduced |
| Rothschild Investment LLC | 12,785 | $368.5K | 0.02% | +53+0.4% | Added |
| Modera Wealth Management, LLC | 12,797 | $368.8K | 0.00% | +75+0.6% | Added |
| Westpac Banking Corp | 12,853 | $370.4K | 0.02% | +8,594+201.8% | Added |
| Essex Financial Services, Inc. | 12,968 | $373.7K | 0.02% | +12,968 | New |
| Advyzon Investment Management, LLC | 13,040 | $375.8K | 0.04% | +13,040 | New |
| Crestwood Advisors Group LLC | 13,087 | $377.2K | 0.01% | +13,087 | New |
| AlphaGrep UK Ltd | 13,105 | $377.7K | 0.13% | +13,105 | New |
| Valeo Financial Advisors, LLC | 13,235 | $381.4K | 0.01% | +1,522+13.0% | Added |
| Commerzbank Aktiengesellschaft | 13,273 | $383.0K | 0.01% | −5,643−29.8% | Reduced |
| WESPAC Advisors, LLC | 13,307 | $383.5K | 0.21% | +13,307 | New |
| Fiduciary Trust Co | 13,366 | $385.2K | 0.00% | −213−1.6% | Reduced |