Warner Music Group Corp.
WMG- Exchange
- Nasdaq
- Industry
- Services-Amusement & Recreation Services
- SEC CIK
- 0001319161
No open-market purchases or sales by Warner Music Group Corp. insiders were filed in the last 90 days; 339 institutions reported holding it in 13F filings for Q2 2026, worth $4.30B in total; superinvestors Harris Associates (Oakmark) and Lindsell Train hold it.
Key figures
- Market capNo recent share count in SEC filings
- –
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +23 vs. previous quarter
- 339
- 13F valueReported value at the end of Q2 2026
- $4.30B
- Superinvestors holdingAt the end of Q2 2026
- 2
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $6.71B
- +4.4% year over year
- Net income, FY2025
- $365.0M
- −16.1% year over year
- Free cash flow, FY2025
- $539.0M
- −15.5% year over year
- Revenue, Q3 FY2026
- $1.86B
- +10.4% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 7.33M
- Shares sold short
- Change
- −2.80M
- −27.6% vs. previous
- Days to cover
- 3.35
- At average daily volume
Superinvestors holding WMG, Q2 2026
Go to the superinvestors tab2 superinvestors report holding Warner Music Group Corp. on Form 13F. Percentages are the stock's share of each portfolio.
Harris Associates (Oakmark)
Bill Nygren
0.1%
Warner Music Group Corp.'s share of the portfolio
- Shares
- 1,611,030
- Value
- $43.6M
Lindsell Train
Nick Train
0.1%
Warner Music Group Corp.'s share of the portfolio
- Shares
- 50,000
- Value
- $1.35M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Warner Music Group Corp. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Dec 12, 2025 (view filing) | Dec 11 | 1 day | Zerza ArminChief Financial Officer | PPurchaseClass A Common Stock | +35.8K | $28.12 | +$1.01M | +16.4%254.1K after | |
| Dec 5, 2025 (view filing) | Dec 2 | 3 days | Blavatnik ValentinDirector | PPurchaseClass A Common Stock | +35.8K | $27.88 | +$998.4K | +52.5%104.1K after | Amended |
| Apr 4, 2025 (view filing) | Apr 2 | 2 days | Matusch TimothyEVP Strategy & Operations | SSaleClass A Common Stock | −1.00K | $31.43 | −$31.4K | −1.1%87.6K after | |
| Feb 21, 2025 (view filing) | Feb 20 | 1 day | Blavatnik ValentinDirector | SSaleClass A Common Stock | −28.2K | $35.45 | −$1.00M | −29.3%68.3K after | |
| Feb 18, 2025 (view filing) | Feb 14 | 4 days | Matusch TimothyEVP Strategy & Operations | SSaleClass A Common Stock | −1.10K | $36.49 | −$40.2K | −1.2%88.6K after | |
| Feb 14, 2025 (view filing) | Feb 12 | 2 days | Osherova MariaEVP, Chief Human Res. Officer | SSaleClass A Common Stock | −6.55K | $33.90 | −$222.1K | −12.8%44.7K after | |
| Dec 23, 2024 (view filing) | Dec 20 | 3 days | Benet Lincoln EDirector | SSaleClass A Common Stock | −35.0K | $30.96 | −$1.08M | −12.6%242.4K after | |
| Sep 13, 2024 (view filing) | Sep 11 | 2 days | Lousada MaxCEO, Recorded Music | SSaleClass A Common Stock | −250.8K | $28.09 | −$7.04M | −11.0%2.04M after | |
| Sep 10, 2024 (view filing) | Sep 6-10 | 4 days | Lousada MaxCEO, Recorded Music | SSaleClass A Common Stock | −436.2K | $28.00 | −$12.2M | −16.0%2.29M after | 2 lots |
| Sep 5, 2024 (view filing) | Sep 3-5 | 2 days | Lousada MaxCEO, Recorded Music | SSaleClass A Common Stock | −247.5K | $28.20 | −$6.98M | −8.3%2.73M after | 3 lots |
Top 10 13F holders, Q2 2026
See all 339 holdersThe largest institutional positions in Warner Music Group Corp. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Independent Franchise Partners LLP | 12,997,804 | $351.9M | 2.31% | −36,450−0.3% | Reduced |
| Darsana Capital Partners LP | 11,943,199 | $323.3M | 1.45% | +93,199+0.8% | Added |
| JPMorgan Chase & Co | 11,188,756 | $297.7M | 0.02% | −2,519,152−18.4% | Reduced |
| BlackRock, Inc. | 10,209,746 | $276.4M | 0.00% | +551,090+5.7% | Added |
| Barrow Hanley Mewhinney & Strauss LLC | 8,909,122 | $241.2M | 0.73% | −352,552−3.8% | Reduced |
| Darlington Partners Capital Management, LP | 6,705,884 | $181.5M | 8.01% | −846,000−11.2% | Reduced |
| Vanguard Capital Management LLC | 6,221,543 | $168.4M | 0.00% | −17,135−0.3% | Reduced |
| Vanguard Portfolio Management LLC | 5,885,298 | $159.3M | 0.01% | −7,601−0.1% | Reduced |
| FIL Ltd | 5,827,313 | $157.7M | 0.11% | −44,512−0.8% | Reduced |
| Goldman Sachs Group Inc | 4,977,489 | $134.7M | 0.01% | +3,296,931+196.2% | Added |
Holders of 5% or more of WMG
See all 5 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Warner Music Group Corp..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Access Industries Holdings LLC | 13G/A | 72.10%374.5M shares | – | Feb 12, 20214 filings | Feb 14, 2025 | SEC |
| Independent Franchise Partners LLP | 13G | 9.23%13.4M shares | New | May 14, 20251 filing | May 14, 2025 | SEC |
| Darsana Capital Partners LP | 13G/A | 8.10%11.8M shares | +2.60 ppfrom 5.50% | Feb 16, 20216 filings | May 15, 2026 | SEC |
| Barrow Hanley Mewhinney & Strauss LLC | 13G | 6.10%8.91M shares | −0.20 ppfrom 6.30% | Feb 14, 20257 filings | Aug 12, 2026 | SEC |
| Darlington Partners Capital Management, LP | 13G | 5.10%7.55M shares | +0.60 ppfrom 4.50% | Mar 25, 20255 filings | Apr 1, 2026 | SEC |