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; 1,317 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 | 1,317 | $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 |
|---|---|---|---|---|---|
| Achmea Investment Management B.V. | 248,593 | $7.16M | 0.18% | +248,593 | New |
| QRG Capital Management, Inc. | 248,322 | $7.16M | 0.08% | +222,580+864.7% | Added |
| State of Alaska, Department of Revenue | 247,649 | $7.14M | 0.08% | −17,400−6.6% | Reduced |
| Vestcor Inc | 247,260 | $7.13M | 0.20% | +200,000+423.2% | Added |
| ASR Vermogensbeheer N.V. | 245,324 | $7.07M | 0.08% | +3,704+1.5% | Added |
| HighTower Advisors, LLC | 242,969 | $7.00M | 0.01% | −39,540−14.0% | Reduced |
| Decker Retirement Planning Inc. | 241,107 | $6.95M | 3.45% | +241,107 | New |
| Voleon Capital Management LP | 237,004 | $6.83M | 0.15% | +186,843+372.5% | Added |
| Alpine Global Management, LLC | 235,000 | $6.77M | 1.51% | +235,000 | New |
| Swiss Life Asset Management Ltd | 233,972 | $6.74M | 0.03% | −5,678−2.4% | Reduced |
| PEAK6 LLC | 233,803 | $6.74M | 0.18% | +123,033+111.1% | Added |
| Angelo Gordon & Co., L.P. | 230,000 | $6.63M | 0.63% | +230,000 | New |
| Cambridge Investment Research Advisors, Inc. | 227,362 | $6.55M | 0.02% | −13,945−5.8% | Reduced |
| Public Employees Retirement Association of Colorado | 226,574 | $6.53M | 0.02% | 00.0% | Unchanged |
| Capitolis Liquid Global Markets LLC | 226,275 | $6.52M | 0.04% | +226,275 | New |
| Mediatel Partners | 226,265 | $6.52M | 21.92% | 00.0% | Unchanged |
| Mackay Shields LLC | 226,250 | $6.52M | 0.23% | −173,750−43.4% | Reduced |
| Becker Capital Management Inc | 225,789 | $6.51M | 0.19% | −28,282−11.1% | Reduced |
| Clifford Capital Partners LLC | 225,305 | $6.49M | 1.10% | −799,977−78.0% | Reduced |
| Vivaldi Capital Management, LLC | 224,171 | $6.46M | 0.88% | −16,760−7.0% | Reduced |
| Nordea Investment Management AB | 223,191 | $6.44M | 0.01% | +7,789+3.6% | Added |
| Pathstone Holdings, LLC | 219,939 | $6.34M | 0.02% | +17,401+8.6% | Added |
| Prosperitas Financial LLC | 217,103 | $6.26M | 2.44% | −99,296−31.4% | Reduced |
| Stifel Financial Corp | 216,468 | $6.24M | 0.01% | +30,631+16.5% | Added |
| Rangeley Capital, LLC | 216,000 | $6.23M | 5.36% | +216,000 | New |
| DoubleLine ETF Adviser LP | 214,723 | $6.19M | 1.86% | −42,630−16.6% | Reduced |
| Hillman Capital Management, Inc. | 214,600 | $6.18M | 3.89% | −116,127−35.1% | Reduced |
| Investment Management Corp of Ontario | 214,569 | $6.18M | 0.08% | +104,960+95.8% | Added |
| Sanctuary Advisors, LLC | 211,115 | $6.08M | 0.03% | +149,876+244.7% | Added |
| Credit Industriel Et Commercial | 210,000 | $6.05M | 0.88% | +140,000+200.0% | Added |
| Gotham Asset Management, LLC | 209,496 | $6.04M | 0.02% | +123,755+144.3% | Added |
| Beacon Pointe Advisors, LLC | 209,272 | $6.03M | 0.04% | +6,374+3.1% | Added |
| Jain Global LLC | 199,095 | $5.74M | 0.06% | −2,355,640−92.2% | Reduced |
| UniSuper Management Pty Ltd | 196,104 | $5.65M | 0.03% | −68,147−25.8% | Reduced |
| RFG Advisory, LLC | 193,422 | $5.57M | 0.10% | −83,347−30.1% | Reduced |
| Carmignac Gestion | 185,955 | $5.36M | 0.07% | +185,955 | New |
| DekaBank Deutsche Girozentrale | 614,390 | $5.31M | 0.01% | 00.0% | Unchanged |
| HighPoint Advisor Group LLC | 183,853 | $5.30M | 0.12% | +126,098+218.3% | Added |
| Absolute Gestao de Investimentos Ltda. | 180,000 | $5.19M | 0.54% | +180,000 | New |
| Allstate Corp | 176,870 | $5.10M | 0.07% | +91,536+107.3% | Added |
| Keybank National Association | 176,651 | $5.09M | 0.02% | +58,153+49.1% | Added |
| Prudential PLC | 176,284 | $5.08M | 0.04% | +96,779+121.7% | Added |
| US Bancorp | 175,206 | $5.05M | 0.01% | −870.0% | Reduced |
| Teachers Retirement System of the State of Kentucky | 174,752 | $5.04M | 0.04% | 00.0% | Unchanged |
| Pinkerton Retirement Specialists, LLC | 174,293 | $5.02M | 0.51% | +159,269+1,060.1% | Added |
| Cerity Partners LLC | 173,001 | $4.99M | 0.01% | −37,306−17.7% | Reduced |
| Erste Asset Management GmbH | 172,946 | $4.98M | 0.04% | −111,400−39.2% | Reduced |
| Headlands Technologies LLC | 171,875 | $4.95M | 0.41% | +171,875 | New |
| Candriam Luxembourg S.C.A. | 170,821 | $4.92M | 0.02% | +8,365+5.1% | Added |
| Ally Financial Inc. | 168,132 | $4.85M | 0.59% | 00.0% | Unchanged |
| Allworth Financial LP | 167,125 | $4.82M | 0.02% | −3,089−1.8% | Reduced |
| Capricorn Fund Managers Ltd | 163,668 | $4.72M | 1.14% | +163,668 | New |
| Sagefield Capital LP | 162,509 | $4.68M | 0.40% | +162,509 | New |
| Advisory Services Network, LLC | 161,844 | $4.66M | 0.07% | +117,154+262.1% | Added |
| Mark Asset Management LP | 161,599 | $4.66M | 0.52% | +161,599 | New |
| Tower Research Capital LLC (TRC) | 160,948 | $4.64M | 0.11% | +72,973+82.9% | Added |
| Edgestream Partners, L.P. | 160,170 | $4.62M | 0.13% | −57,474−26.4% | Reduced |
| Schroder Investment Management Group | 154,241 | $4.45M | 0.00% | −55,508−26.5% | Reduced |
| Avanza Fonder AB | 154,045 | $4.44M | 0.11% | −3,922−2.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 153,836 | $4.38M | 0.01% | +7,922+5.4% | Added |
| Mizuho Securities USA LLC | 180,430 | $4.33M | 0.07% | +111+0.1% | Added |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 150,000 | $4.32M | 0.06% | +150,000 | New |
| Osmosis Investment Management UK Ltd | 149,406 | $4.31M | 0.11% | +149,406 | New |
| Toroso Investments, LLC | 148,892 | $4.29M | 0.02% | +82,375+123.8% | Added |
| Kentucky Retirement Systems | 146,230 | $4.21M | 0.11% | 00.0% | Unchanged |
| Banco BTG Pactual S.A. | 144,828 | $4.17M | 0.74% | +144,828 | New |
| Concorde Financial Corp | 153,154 | $4.16M | 3.23% | −95,979−38.5% | Reduced |
| Hartford Investment Management Co | 143,213 | $4.13M | 0.12% | −1,738−1.2% | Reduced |
| Walleye Capital LLC | 142,431 | $4.10M | 0.02% | +57,472+67.6% | Added |
| Groupe la Francaise | 140,000 | $4.03M | 0.06% | +139,970+466,566.7% | Added |
| First Manhattan Co | 139,241 | $4.01M | 0.01% | −462−0.3% | Reduced |
| Sterling Capital Management LLC | 138,336 | $3.99M | 0.06% | −6,426−4.4% | Reduced |
| Kintayl Capital LP | 137,480 | $3.96M | 2.39% | +137,480 | New |
| Canada Post Corp Registered Pension Plan | 133,579 | $3.85M | 0.15% | +25,580+23.7% | Added |
| North Dakota State Investment Board | 132,940 | $3.83M | 0.14% | +132,940 | New |
| Concurrent Investment Advisors, LLC | 132,833 | $3.83M | 0.04% | +111,442+521.0% | Added |
| West Michigan Advisors, LLC | 129,742 | $3.74M | 0.86% | +129,742 | New |
| South Dakota Investment Council | 129,548 | $3.73M | 0.07% | −47,850−27.0% | Reduced |
| Diametric Capital, LP | 126,629 | $3.65M | 0.98% | −51,625−29.0% | Reduced |
| Calamos Advisors LLC | 125,354 | $3.61M | 0.01% | +125,354 | New |
| Maven Securities LTD | 125,000 | $3.60M | 0.46% | +125,000 | New |
| Crossmark Global Holdings, Inc. | 123,927 | $3.57M | 0.05% | −57,060−31.5% | Reduced |
| Optimize Financial Inc | 123,696 | $3.56M | 1.80% | +1,776+1.5% | Added |
| Lighthouse Investment Partners, LLC | 120,411 | $3.47M | 0.12% | +120,411 | New |
| M&T Bank Corp | 120,062 | $3.46M | 0.01% | +33,259+38.3% | Added |
| Private Advisory Group LLC | 119,305 | $3.44M | 0.27% | +119,305 | New |
| Mercer Global Advisors Inc | 135,209 | $3.39M | 0.01% | +35,945+36.2% | Added |
| Legend Capital Advisors LLC | 117,084 | $3.37M | 1.88% | +117,084 | New |
| Maryland State Retirement & Pension System | 116,133 | $3.35M | 0.07% | 00.0% | Unchanged |
| Mraz, Amerine & Associates, Inc. | 115,555 | $3.33M | 0.49% | −121,751−51.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 116,326 | $3.32M | 0.01% | +4,255+3.8% | Added |
| Captrust Financial Advisors | 114,190 | $3.29M | 0.01% | +2,516+2.3% | Added |
| New Mexico Educational Retirement Board | 114,032 | $3.29M | 0.10% | +12,300+12.1% | Added |
| Jones Financial Companies LLLP | 113,763 | $3.28M | 0.00% | +2,355+2.1% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 113,711 | $3.28M | 0.00% | −165,615−59.3% | Reduced |
| Summit Financial, LLC | 112,858 | $3.25M | 0.05% | +1,498+1.3% | Added |
| Ameritas Investment Partners, Inc. | 111,767 | $3.22M | 0.10% | +6,625+6.3% | Added |
| Three Seasons Wealth, LLC | 109,473 | $3.16M | 0.30% | +109,473 | New |
| Sender Co & Partners, Inc. | 109,259 | $3.15M | 1.79% | −16,801−13.3% | Reduced |
| Credit Agricole S A | 109,062 | $3.14M | 0.01% | −525,501−82.8% | Reduced |