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 |
|---|---|---|---|---|---|
| Global Endowment Management, LP | 13,556 | $391.0K | 0.05% | −23,672−63.6% | Reduced |
| Johnson Financial Group, Inc. | 13,606 | $392.1K | 0.01% | −3,417−20.1% | Reduced |
| Foundations Investment Advisors, LLC | 13,630 | $392.8K | 0.01% | +1,335+10.9% | Added |
| Ci Investments Inc. | 13,647 | $393.3K | 0.00% | −1,413−9.4% | Reduced |
| Silver Oak Securities, Inc | 13,674 | $395.7K | 0.03% | +609+4.7% | Added |
| Gifford Fong Associates | 13,760 | $397.0K | 0.08% | 00.0% | Unchanged |
| JB Capital LLC | 13,789 | $397.4K | 0.02% | +278+2.1% | Added |
| STF Management LP | 13,826 | $398.5K | 0.37% | −21,961−61.4% | Reduced |
| Wealth Management Associates, Inc. | 13,838 | $398.8K | 0.14% | −54−0.4% | Reduced |
| Busey Wealth Management | 14,100 | $406.4K | 0.01% | −484−3.3% | Reduced |
| Krilogy Financial LLC | 14,440 | $407.8K | 0.01% | +5,055+53.9% | Added |
| Integrated Wealth Concepts LLC | 14,180 | $408.7K | 0.00% | −21,963−60.8% | Reduced |
| Wellington Shields & Co., LLC | 14,192 | $409.0K | 0.10% | −96−0.7% | Reduced |
| Applied Finance Capital Management, LLC | 14,238 | $410.3K | 0.03% | +14,238 | New |
| BBR Partners, LLC | 14,290 | $411.8K | 0.02% | 00.0% | Unchanged |
| Burkett Financial Services, LLC | 14,357 | $413.8K | 0.14% | −1,351−8.6% | Reduced |
| Wesbanco Bank Inc | 14,358 | $413.8K | 0.01% | −1,996−12.2% | Reduced |
| Custom Index Systems, LLC | 14,415 | $415.4K | 0.18% | −19,985−58.1% | Reduced |
| Quantum Financial Advisors, LLC | 14,433 | $416.0K | 0.05% | +14,433 | New |
| Harbour Investments, Inc. | 14,904 | $429.5K | 0.01% | +3,003+25.2% | Added |
| Mesirow Financial Investment Management, Inc. | 14,949 | $430.8K | 0.01% | −19,156−56.2% | Reduced |
| Farmers & Merchants Trust Co of Long Beach | 14,951 | $430.9K | 0.10% | 00.0% | Unchanged |
| Equitable Holdings, Inc. | 14,973 | $431.5K | 0.00% | −2,702−15.3% | Reduced |
| Clifford Swan Investment Counsel LLC | 15,018 | $432.8K | 0.01% | −51,614−77.5% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 15,094 | $435.0K | 0.00% | −3,319−18.0% | Reduced |
| Optas, LLC | 15,120 | $435.8K | 0.07% | +435+3.0% | Added |
| Frec Markets, Inc. | 15,133 | $436.2K | 0.13% | +15,133 | New |
| International Assets Investment Management, LLC | 15,248 | $439.4K | 0.03% | −8,997−37.1% | Reduced |
| NorthCrest Asset Manangement, LLC | 15,451 | $440.8K | 0.01% | +2,648+20.7% | Added |
| M Holdings Securities, Inc. | 15,373 | $443.0K | 0.03% | +15,373 | New |
| Geneos Wealth Management Inc. | 15,484 | $446.2K | 0.01% | +5,874+61.1% | Added |
| Plato Investment Management Ltd | 15,457 | $447.6K | 0.03% | −8,645−35.9% | Reduced |
| Howard Capital Management Inc. | 15,638 | $450.7K | 0.01% | +79+0.5% | Added |
| First Horizon Corp | 15,655 | $451.2K | 0.02% | −6,440−29.1% | Reduced |
| CoreCap Advisors, LLC | 15,708 | $452.7K | 0.02% | +11,435+267.6% | Added |
| Ausdal Financial Partners, Inc. | 15,746 | $453.8K | 0.02% | +1,961+14.2% | Added |
| We Are One Seven, LLC | 16,042 | $462.3K | 0.01% | +537+3.5% | Added |
| National Asset Management, Inc. | 16,054 | $462.7K | 0.02% | −28,581−64.0% | Reduced |
| Holistic Financial Partners | 16,255 | $468.5K | 0.17% | −297−1.8% | Reduced |
| TD Waterhouse Canada Inc. | 16,420 | $473.4K | 0.00% | −255,182−94.0% | Reduced |
| Federated Hermes, Inc. | 16,454 | $474.2K | 0.00% | −297−1.8% | Reduced |
| ABN AMRO Bank N.V. | 16,595 | $476.5K | 0.00% | +16,595 | New |
| Reuter James Wealth Management, LLC | 16,714 | $481.7K | 0.07% | −72−0.4% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 16,757 | $482.9K | 0.00% | +16,757 | New |
| PenderFund Capital Management Ltd. | 16,800 | $484.2K | 0.08% | +16,800 | New |
| DLD Asset Management, LP | 17,100 | $492.8K | 0.05% | +17,100 | New |
| MidWestOne Financial Group, Inc. | 17,246 | $497.0K | 0.06% | −473−2.7% | Reduced |
| Stratos Wealth Partners, LTD. | 17,281 | $498.0K | 0.01% | −3,081−15.1% | Reduced |
| Excalibur Management Corp | 17,431 | $502.4K | 0.18% | −985−5.3% | Reduced |
| Buckingham Strategic Partners | 17,481 | $503.8K | 0.01% | −25,798−59.6% | Reduced |
| Ronald Blue Trust, Inc. | 17,544 | $505.6K | 0.01% | −334−1.9% | Reduced |
| Aspen Grove Capital, LLC | 17,563 | $506.2K | 0.09% | −715−3.9% | Reduced |
| Livforsakringsbolaget Skandia, Omsesidigt | 17,851 | $514.5K | 0.02% | 00.0% | Unchanged |
| Avestar Capital, LLC | 17,923 | $516.6K | 0.04% | +17,923 | New |
| Kingsview Wealth Management, LLC | 17,973 | $518.0K | 0.01% | +1,394+8.4% | Added |
| Dorsey & Whitney Trust CO LLC | 18,155 | $523.2K | 0.03% | +3,191+21.3% | Added |
| Bartlett & Co. Wealth Management LLC | 18,221 | $525.1K | 0.01% | +1,476+8.8% | Added |
| Quest Partners LLC | 18,297 | $527.3K | 0.03% | −3,166−14.8% | Reduced |
| Brookstone Capital Management | 18,333 | $528.4K | 0.01% | +99+0.5% | Added |
| King Luther Capital Management Corp | 18,421 | $530.9K | 0.00% | +18,421 | New |
| Clear Street Markets LLC | 18,455 | $531.9K | 0.09% | +17,648+2,186.9% | Added |
| IHT Wealth Management, LLC | 18,497 | $533.1K | 0.01% | +2,678+16.9% | Added |
| Norden Group LLC | 18,824 | $542.5K | 0.05% | +3,059+19.4% | Added |
| Quotient Wealth Partners, LLC | 19,161 | $552.2K | 0.01% | +4,548+31.1% | Added |
| Atom Investors LP | 19,256 | $555.0K | 0.04% | +19,256 | New |
| Parallel Advisors, LLC | 19,451 | $560.6K | 0.01% | +4,496+30.1% | Added |
| Oppenheimer Asset Management Inc. | 19,505 | $562.1K | 0.01% | −23,377−54.5% | Reduced |
| Hickory Point Bank & Trust | 19,760 | $569.5K | 0.41% | 00.0% | Unchanged |
| Supplemental Annuity Collective Trust of NJ | 19,885 | $573.1K | 0.15% | 00.0% | Unchanged |
| Kovack Advisors, Inc. | 19,888 | $573.2K | 0.03% | +9,154+85.3% | Added |
| Perigon Wealth Management, LLC | 19,939 | $574.6K | 0.01% | +604+3.1% | Added |
| Edgewood Management LLC | 20,000 | $576.4K | 0.00% | 00.0% | Unchanged |
| CenterStar Asset Management, LLC | 20,000 | $576.5K | 0.91% | +1,400+7.5% | Added |
| Syon Capital LLC | 20,099 | $579.3K | 0.03% | +2,935+17.1% | Added |
| Ellevest, Inc. | 20,107 | $579.5K | 0.08% | +20,107 | New |
| VARCOV Co. | 20,179 | $581.6K | 0.23% | +20,179 | New |
| Ballentine Partners, LLC | 20,330 | $585.9K | 0.01% | +2,642+14.9% | Added |
| Sage Mountain Advisors LLC | 20,340 | $586.2K | 0.03% | +6,616+48.2% | Added |
| Western Pacific Wealth Management, LP | 20,465 | $589.8K | 0.57% | 00.0% | Unchanged |
| Fort Sheridan Advisors LLC | 20,540 | $592.0K | 0.08% | −189−0.9% | Reduced |
| Meeder Advisory Services, Inc. | 20,579 | $593.1K | 0.03% | +20,579 | New |
| Fifth Third Wealth Advisors LLC | 20,581 | $593.1K | 0.02% | +173+0.8% | Added |
| Stephens Inc | 20,594 | $593.5K | 0.01% | −6,331−23.5% | Reduced |
| Regions Financial Corp | 20,695 | $596.4K | 0.00% | +92+0.4% | Added |
| Prime Capital Investment Advisors, LLC | 20,942 | $603.6K | 0.01% | +4,082+24.2% | Added |
| Systematic Financial Management LP | 21,440 | $617.9K | 0.01% | +9,585+80.9% | Added |
| Mathes Company, Inc. | 21,443 | $618.0K | 0.22% | −16,060−42.8% | Reduced |
| Frank, Rimerman Advisors LLC | 21,445 | $618.0K | 0.04% | +1,876+9.6% | Added |
| Brown Brothers Harriman & Co | 21,511 | $619.9K | 0.00% | +10,363+93.0% | Added |
| BFSG, LLC | 21,534 | $620.6K | 0.06% | −113,250−84.0% | Reduced |
| Mutual Advisors, LLC | 21,952 | $632.6K | 0.01% | +4,661+27.0% | Added |
| Level Four Advisory Services, LLC | 22,342 | $643.9K | 0.02% | −4,176−15.7% | Reduced |
| Claret Asset Management Corp | 22,494 | $648.0K | 0.08% | −48−0.2% | Reduced |
| Pinnacle Financial Partners, Inc. | 22,610 | $651.6K | 0.00% | +22,610 | New |
| Carnegie Lake Advisors LLC | 22,623 | $652.0K | 0.25% | −64,475−74.0% | Reduced |
| Cigna Investments Inc | 22,666 | $653.0K | 0.10% | −295−1.3% | Reduced |
| Aptus Capital Advisors, LLC | 22,850 | $658.5K | 0.01% | +3,581+18.6% | Added |
| Wedbush Securities Inc | 23,034 | $664.0K | 0.02% | +5,842+34.0% | Added |
| Wakefield Asset Management LLLP | 23,214 | $669.0K | 0.18% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 23,263 | $670.4K | 0.00% | +10,307+79.6% | Added |