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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
CIBC World Markets Corp1,743,714$50.3M0.25%+1,743,714New
Standard Life Aberdeen plc1,742,937$50.2M0.08%−39,094−2.2%Reduced
CNH Partners LLC1,731,448$49.9M1.05%+1,731,448New
Mirae Asset Global ETFs Holdings Ltd.1,706,721$49.2M0.07%+22,922+1.4%Added
Prudential Financial Inc1,685,080$48.6M0.06%−438,503−20.6%Reduced
Eubel Brady & Suttman Asset Management Inc1,669,261$48.1M5.41%−608,381−26.7%Reduced
Douglas Lane & Associates, LLC1,646,515$47.5M0.65%−88,855−5.1%Reduced
Russell Investments Group, Ltd.1,609,313$46.4M0.05%+105,324+7.0%Added
Capula Management Ltd1,597,068$46.0M0.30%+1,597,068New
PSquared Asset Management AG1,540,876$44.4M20.78%+1,540,876New
Swedbank AB1,535,742$44.3M0.04%+470,297+44.1%Added
Group One Trading, L.P.1,534,831$44.2M1.31%+242,581+18.8%Added
DME Capital Management, LPSuperinvestorGreenlight Capital1,533,080$44.2M1.55%+1,533,080New
CRCM LP1,500,000$43.2M14.61%+1,500,000New
Manufacturers Life Insurance Company, The1,433,281$41.3M0.03%−27,271−1.9%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH1,423,992$40.8M0.07%−107,719−7.0%Reduced
NEOS Investment Management LLC1,389,366$40.0M0.23%+261,596+23.2%Added
State of Wisconsin Investment Board1,358,934$39.2M0.09%−728,106−34.9%Reduced
Fort Baker Capital Management LP1,326,995$38.2M4.25%+1,326,995New
Woodline Partners LP1,324,973$38.2M0.15%−767,370−36.7%Reduced
Weiss Asset Management LP1,296,257$37.4M0.53%+1,263,422+3,847.8%Added
PFA Pension, Forsikringsaktieselskab1,270,160$36.8M0.10%+1,270,160New
Korea Investment CORP1,274,901$36.7M0.07%−6,896−0.5%Reduced
Canada Pension Plan Investment Board1,269,693$36.6M0.02%−3,185,415−71.5%Reduced
Assenagon Asset Management S.A.1,260,420$36.3M0.05%−921,939−42.2%Reduced
Chevy Chase Trust Holdings, Inc.1,257,918$36.3M0.10%−11,374−0.9%Reduced
New York State Common Retirement Fund1,220,739$35.2M0.05%−15,000−1.2%Reduced
Treasurer of the State of North Carolina1,217,895$35.1M0.11%+170,698+16.3%Added
Pictet Asset Management Holding SA1,212,473$34.9M0.03%+170,802+16.4%Added
Mirae Asset Global Investments Co., Ltd.1,181,421$34.0M0.09%+207,342+21.3%Added
LPL Financial LLC1,168,346$33.7M0.01%+270,661+30.2%Added
Danske Bank A/S1,156,023$33.3M0.08%+73,671+6.8%Added
Water Island Capital LLC1,139,634$32.8M4.01%+1,139,634New
Thompson Investment Management, Inc.1,139,146$32.8M4.12%−124,857−9.9%Reduced
Twin Securities, Inc.1,114,989$32.1M12.31%+987,272+773.0%Added
Quantinno Capital Management LP1,083,478$31.2M0.06%+324,146+42.7%Added
Gryphon Financial Partners LLC1,074,845$31.0M3.31%−1,559−0.1%Reduced
Storebrand Asset Management AS1,041,226$30.0M0.08%+726,275+230.6%Added
CIBC Asset Management Inc1,035,360$29.8M0.07%+300,421+40.9%Added
Sand Grove Capital Management LLP1,017,144$29.3M9.94%+1,017,144New
Asset Management One Co.,Ltd.1,012,911$29.2M0.08%+18,739+1.9%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,010,950$29.1M0.03%+497,462+96.9%Added
Handelsbanken Fonder AB1,008,638$29.1M0.09%+571,612+130.8%Added
Sona Asset Management (US) LLC1,000,000$28.8M0.94%+1,000,000New
Sound Shore Management Inc990,615$28.5M0.91%−3,350,243−77.2%Reduced
Harbor Island Capital LLC981,390$28.3M10.84%00.0%Unchanged
KLP Kapitalforvaltning AS979,927$28.2M0.11%+132,300+15.6%Added
TD Asset Management Inc977,018$28.2M0.02%+16,963+1.8%Added
Nomura Asset Management Co Ltd971,773$28.0M0.07%+14,937+1.6%Added
Summit Street Capital Management, LLC971,377$28.0M4.40%−173,185−15.1%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.971,021$28.0M0.19%−27,167−2.7%Reduced
Natixis Advisors, L.P.970,936$28.0M0.04%+331,299+51.8%Added
Mitsubishi UFJ Trust & Banking Corp949,037$27.4M0.06%−10,794−1.1%Reduced
Mn Services Vermogensbeheer B.V.916,705$26.4M0.16%+38,105+4.3%Added
Slotnik Capital, LLC865,000$24.9M6.83%+705,000+440.6%Added
Scoggin Management LP850,000$24.5M9.10%+850,000New
State of Tennessee, Treasury Department864,944$23.8M0.08%−1,050−0.1%Reduced
Pinnacle Associates Ltd810,646$23.4M0.30%−137,740−14.5%Reduced
State of New Jersey Common Pension Fund D810,518$23.4M0.08%−31,335−3.7%Reduced
Raymond James Financial Inc784,433$22.6M0.01%−32,701−4.0%Reduced
Samson Rock Capital LLP775,000$22.3M36.44%+775,000New
SEI Investments Co773,839$22.3M0.02%−189,952−19.7%Reduced
Terril Brothers, Inc.757,008$21.8M5.72%−650,092−46.2%Reduced
Illinois Municipal Retirement Fund750,178$21.6M0.27%+34,652+4.8%Added
Ameriprise Financial Inc737,258$21.3M0.00%−168,379−18.6%Reduced
American Century Companies Inc729,626$21.0M0.01%+18,380+2.6%Added
Boussard & Gavaudan Investment Management LLP726,325$21.0M1.59%+726,325New
STRS Ohio726,192$20.9M0.08%−372,501−33.9%Reduced
Centiva Capital, LP712,000$20.5M1.24%+712,000New
Simplex Trading, LLC707,385$20.4M0.57%+241,689+51.9%Added
Wealthfront Advisers LLC705,951$20.3M0.05%+35,438+5.3%Added
Franklin Resources Inc705,231$20.3M0.00%+518,564+277.8%Added
Envestnet Asset Management Inc701,422$20.2M0.01%−259,089−27.0%Reduced
Public Employees Retirement System of Ohio701,048$20.2M0.06%−95,451−12.0%Reduced
Resona Asset Management Co.,Ltd.700,546$20.2M0.10%−33,574−4.6%Reduced
Fisher Funds Management LTD694,932$20.0M0.52%00.0%Unchanged
Engineers Gate Manager LP694,656$20.0M0.24%+694,656New
Daiwa Securities Group Inc.693,877$20.0M0.06%−28,927−4.0%Reduced
Advisor Group Holdings, Inc.671,212$19.3M0.03%−19,838−2.9%Reduced
Rafferty Asset Management, LLC670,651$19.3M0.07%−203,154−23.2%Reduced
Natixis670,188$19.3M0.08%+165,863+32.9%Added
Nissay Asset Management Corp656,678$18.9M0.10%+33,063+5.3%Added
Czech National Bank653,404$18.8M0.12%+24,445+3.9%Added
Oddo BHF Asset Management SAS650,000$18.7M0.70%+650,000New
State of Michigan Retirement System648,741$18.7M0.09%−94,984−12.8%Reduced
Omni Event Management Ltd645,906$18.6M1.44%+645,906New
Arizona State Retirement System645,236$18.6M0.10%−55,648−7.9%Reduced
One Fin Capital Management LP625,000$18.0M6.29%00.0%Unchanged
Picton Mahoney Asset Management625,000$18.0M0.20%+625,000New
Caxton Associates LLP623,307$18.0M0.36%+419,840+206.3%Added
Guggenheim Capital LLC618,274$17.8M0.13%−211,428−25.5%Reduced
The PNC Financial Services Group, Inc.608,849$17.5M0.01%+108,652+21.7%Added
Harvest Management LLC600,839$17.3M6.41%+470,839+362.2%Added
MetLife Investment Management591,592$17.0M0.08%−20,244−3.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.580,281$16.7M0.04%+580,281New
Zurcher Kantonalbank (Zurich Cantonalbank)577,099$16.6M0.04%+46,823+8.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys576,391$16.6M0.08%−18,132−3.0%Reduced
Sienna Gestion576,238$16.6M1.01%00.0%Unchanged
Alpine Associates Management Inc.570,000$16.4M1.11%+570,000New
BI Asset Management Fondsmaeglerselskab A/S565,740$16.3M0.14%−493,807−46.6%Reduced