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 |
|---|---|---|---|---|---|
| Bleakley Financial Group, LLC | 43,686 | $1.26M | 0.02% | +16,061+58.1% | Added |
| Cidel Asset Management Inc | 43,900 | $1.27M | 0.09% | +1,128+2.6% | Added |
| Farther Finance Advisors, LLC | 44,001 | $1.27M | 0.01% | +28,479+183.5% | Added |
| Legacy Financial Advisors, Inc. | 45,084 | $1.30M | 0.18% | −11,966−21.0% | Reduced |
| Hudson Bay Capital Management LP | 45,198 | $1.30M | 0.01% | +45,198 | New |
| Keystone Financial Group | 45,293 | $1.31M | 0.10% | +31,850+236.9% | Added |
| Vident Advisory, LLC | 45,961 | $1.32M | 0.01% | −9,792−17.6% | Reduced |
| FNY Investment Advisers, LLC | 45,991 | $1.32M | 0.38% | +25,851+128.4% | Added |
| RSM US Wealth Management LLC | 46,183 | $1.34M | 0.02% | +6,451+16.2% | Added |
| Shufro Rose & Co LLC | 46,467 | $1.34M | 0.09% | −3,916−7.8% | Reduced |
| Virtue Capital Management, LLC | 47,296 | $1.35M | 0.21% | +47,296 | New |
| Machina Capital S.A.S. | 47,709 | $1.37M | 0.26% | +47,709 | New |
| Quadrant Capital Group LLC | 48,491 | $1.40M | 0.04% | +29,197+151.3% | Added |
| Cullen Investment Group, Ltd. | 48,920 | $1.41M | 0.18% | −797−1.6% | Reduced |
| Vise Technologies, Inc. | 49,093 | $1.41M | 0.03% | +21,845+80.2% | Added |
| Lido Advisors, LLC | 67,217 | $1.44M | 0.01% | +3,577+5.6% | Added |
| UBS Oconnor LLC | 50,000 | $1.44M | 0.04% | 00.0% | Unchanged |
| Miura Global Management, LLC | 50,000 | $1.44M | 2.41% | +50,000 | New |
| Mint Tower Capital Management B.V. | 50,000 | $1.44M | 0.18% | +50,000 | New |
| Mizuho Markets Americas LLC | 50,000 | $1.44M | 0.03% | +50,000 | New |
| Independent Financial Group, LLC | 50,158 | $1.45M | 0.03% | +50,158 | New |
| Wiley Bros.-Aintree Capital, LLC | 51,160 | $1.47M | 0.01% | −16,468−24.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 51,454 | $1.48M | 0.01% | −3,834−6.9% | Reduced |
| Barnes Dennig Private Wealth Management LLC | 51,642 | $1.49M | 1.49% | −6,092−10.6% | Reduced |
| Janney Montgomery Scott LLC | 52,233 | $1.50M | 0.00% | −3,752−6.7% | Reduced |
| Citadel Investment Advisory, Inc. | 52,572 | $1.51M | 0.65% | −40−0.1% | Reduced |
| Glenmede Trust Co NA | 52,712 | $1.52M | 0.01% | +52,712 | New |
| Annis Gardner Whiting Capital Advisors, LLC | 53,777 | $1.55M | 0.29% | −30,767−36.4% | Reduced |
| Everence Capital Management Inc | 54,292 | $1.56M | 0.09% | 00.0% | Unchanged |
| Blair William & Co | 54,651 | $1.58M | 0.00% | −776−1.4% | Reduced |
| Midwest Trust Co | 54,758 | $1.58M | 0.02% | −509−0.9% | Reduced |
| Blackstone Group Inc. | 54,857 | $1.58M | 0.01% | +54,857 | New |
| Impact Partnership Wealth, LLC | 55,032 | $1.59M | 0.20% | −9,160−14.3% | Reduced |
| SBI Securities Co., Ltd. | 56,307 | $1.62M | 0.04% | −9,899−15.0% | Reduced |
| Guardian Wealth Management, Inc. | 56,895 | $1.64M | 0.96% | −599−1.0% | Reduced |
| Cannon Global Investment Management, LLC | 57,000 | $1.64M | 4.35% | −6,400−10.1% | Reduced |
| Massar Capital Management, LP | 57,268 | $1.65M | 0.32% | +57,268 | New |
| GTS Securities LLC | 58,605 | $1.69M | 0.06% | −33,487−36.4% | Reduced |
| Cyndeo Wealth Partners, LLC | 58,689 | $1.69M | 0.09% | +58,689 | New |
| Everhart Financial Group, Inc. | 59,709 | $1.72M | 0.16% | +12,005+25.2% | Added |
| CWM, LLC | 59,972 | $1.73M | 0.00% | −4,540−7.0% | Reduced |
| Private Advisor Group, LLC | 60,048 | $1.73M | 0.01% | +6,929+13.0% | Added |
| GWM Advisors LLC | 60,814 | $1.75M | 0.01% | +13,714+29.1% | Added |
| Wealthspire Advisors, LLC | 61,111 | $1.76M | 0.01% | +34,355+128.4% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 61,293 | $1.77M | 0.11% | 00.0% | Unchanged |
| Polianta Ltd | 61,400 | $1.77M | 0.23% | +61,400 | New |
| Ensign Peak Advisors, Inc | 63,312 | $1.82M | 0.00% | −577,648−90.1% | Reduced |
| Horizon Investments, LLC | 63,714 | $1.84M | 0.02% | +16,624+35.3% | Added |
| Westport Asset Management Inc | 79,822 | $1.87M | 0.78% | −15,978−16.7% | Reduced |
| Catalyst Funds Management Pty Ltd | 65,000 | $1.87M | 0.43% | −95,500−59.5% | Reduced |
| West Tower Group, LLC | 65,030 | $1.87M | 4.31% | −36,947−36.2% | Reduced |
| Heritage Investors Management Corp | 65,155 | $1.88M | 0.05% | −1,964−2.9% | Reduced |
| Skopos Labs, Inc. | 65,449 | $1.88M | 0.09% | +46,896+252.8% | Added |
| Leonteq Securities AG | 65,621 | $1.89M | 0.10% | −6,468−9.0% | Reduced |
| J.W. Cole Advisors, Inc. | 69,407 | $1.89M | 0.05% | −2,550−3.5% | Reduced |
| Forum Financial Management, LP | 65,650 | $1.89M | 0.02% | −605−0.9% | Reduced |
| Beryl Capital Management LLC | 65,927 | $1.90M | 0.19% | +65,927 | New |
| Savant Capital, LLC | 66,103 | $1.91M | 0.01% | +2,953+4.7% | Added |
| Siemens Fonds Invest GmbH | 66,236 | $1.92M | 0.10% | +22,522+51.5% | Added |
| MUFG Securities Americas Inc. | 66,757 | $1.92M | 0.12% | −50.0% | Reduced |
| Securian Asset Management, Inc | 67,381 | $1.94M | 0.07% | −52,184−43.6% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 67,621 | $1.95M | 0.02% | −18,491−21.5% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 67,737 | $1.95M | 0.05% | 00.0% | Unchanged |
| Brinker Capital Investments, LLC | 67,977 | $1.96M | 0.01% | +24,237+55.4% | Added |
| V-Square Quantitative Management LLC | 68,313 | $1.97M | 0.20% | −16,618−19.6% | Reduced |
| Bluefin Capital Management, LLC | 68,337 | $1.97M | 0.55% | +68,337 | New |
| Salem Investment Counselors Inc | 69,455 | $2.00M | 0.06% | −404−0.6% | Reduced |
| CAPROCK Group, Inc. | 69,741 | $2.01M | 0.04% | +25,232+56.7% | Added |
| China Universal Asset Management Co., Ltd. | 70,123 | $2.02M | 0.16% | +4,765+7.3% | Added |
| Auxier Asset Management | 70,450 | $2.03M | 0.29% | −2,567−3.5% | Reduced |
| Founders Capital Management, LLC | 72,052 | $2.08M | 0.31% | −2,875−3.8% | Reduced |
| GAMMA Investing LLC | 73,355 | $2.11M | 0.11% | +11,718+19.0% | Added |
| Premier Path Wealth Partners, LLC | 75,360 | $2.17M | 0.28% | −12,973−14.7% | Reduced |
| Principal Securities, Inc. | 75,684 | $2.18M | 0.03% | +23,519+45.1% | Added |
| Estate Counselors, LLC | 75,852 | $2.19M | 0.18% | +75,852 | New |
| Empirical Finance, LLC | 76,159 | $2.19M | 0.10% | −3,193−4.0% | Reduced |
| Neo Ivy Capital Management | 77,123 | $2.22M | 0.35% | −76,131−49.7% | Reduced |
| Sig Brokerage, LP | 77,360 | $2.23M | 0.75% | −9,116−10.5% | Reduced |
| Donoghue Forlines LLC | 77,612 | $2.24M | 0.69% | +77,612 | New |
| Teacher Retirement System of Texas | 77,677 | $2.24M | 0.01% | −230,147−74.8% | Reduced |
| Caisse des Depots Et Consignations | 77,887 | $2.24M | 0.05% | +24,470+45.8% | Added |
| Sassicaia Capital Advisers LLC | 78,350 | $2.26M | 4.95% | −36,944−32.0% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 79,177 | $2.28M | 0.03% | +269+0.3% | Added |
| Moore Capital Management, LP | 80,000 | $2.31M | 0.05% | +80,000 | New |
| Northwestern Mutual Wealth Management Co | 80,466 | $2.32M | 0.00% | −8,657−9.7% | Reduced |
| Old National Bancorp | 81,687 | $2.35M | 0.04% | −31,416−27.8% | Reduced |
| Omers Administration Corp | 82,743 | $2.38M | 0.02% | 00.0% | Unchanged |
| St. Louis Financial Planners Asset Management, LLC | 83,388 | $2.40M | 1.48% | +83,388 | New |
| Sequoia Financial Advisors, LLC | 84,174 | $2.43M | 0.01% | +26,708+46.5% | Added |
| United Capital Financial Advisers, LLC | 84,840 | $2.45M | 0.01% | +29,547+53.4% | Added |
| Panagora Asset Management Inc | 85,085 | $2.45M | 0.01% | +60,612+247.7% | Added |
| OpenArc Corporate Advisory, LLC | 85,362 | $2.46M | 0.04% | +85,362 | New |
| Brown Advisory Inc | 85,753 | $2.47M | 0.00% | +5,458+6.8% | Added |
| Commerce Bank | 87,009 | $2.51M | 0.01% | +39,608+83.6% | Added |
| Greatmark Investment Partners, Inc. | 87,882 | $2.53M | 0.30% | −22,429−20.3% | Reduced |
| Ovata Capital Management Ltd | 11,807 | $2.57M | 0.31% | +11,807 | New |
| Aire Advisors, LLC | 89,320 | $2.57M | 0.47% | −8,368−8.6% | Reduced |
| Western Financial Corp | 90,248 | $2.60M | 1.03% | +90,248 | New |
| Summit Trail Advisors, LLC | 90,580 | $2.61M | 0.05% | +4,026+4.7% | Added |
| Colony Group, LLC | 92,995 | $2.64M | 0.00% | +10,357+12.5% | Added |