Warner Bros. Discovery, Inc. - COMMON STOCK (WBD) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2016 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
WBD on Nasdaq
Shares outstanding
2,473,119,396
Price per share
$27.60
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
1,739,607,165
Total reported value
$50,119,736,764
% of total 13F portfolios
0.06%
Share change
+30,773,002
Value change
+$1,933,378,308
Number of holders
1,276
Price from insider filings
$27.60
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Warner Bros. Discovery, Inc. - COMMON STOCK (WBD) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 11% $5,492,088,660 281,212,937 The Vanguard Group 30 Sep 2025
STATE STREET CORP 5.3% -23% $3,782,833,966 -$1,107,564,203 131,075,328 -23% STATE STREET CORPORATION 31 Dec 2025
ADVANCE/NEWHOUSE PARTNERSHIP 4% $997,526,570 98,181,749 A/NPP Diversified Holdings LLC 30 Jun 2025

As of 31 Dec 2025, 1,276 institutional investors reported holding 1,739,607,165 shares of Warner Bros. Discovery, Inc. - COMMON STOCK (WBD). This represents 70% of the company’s total 2,473,119,396 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Warner Bros. Discovery, Inc. - COMMON STOCK (WBD) together control 50% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 11% 283,180,433 +0.7% 0.12% $8,161,260,079
BlackRock, Inc. 7.8% 193,830,450 +5% 0.09% $5,586,193,569
STATE STREET CORP 5.3% 131,066,834 -17% 0.13% $3,777,346,156
HARRIS ASSOCIATES L P 3.2% 78,854,809 -18% 2.9% $2,272,595,595
GEODE CAPITAL MANAGEMENT, LLC 2.7% 66,597,575 +1.6% 0.12% $1,912,634,152
GOLDMAN SACHS GROUP INC 2.1% 51,336,265 +232% 0.21% $1,479,511,135
Pentwater Capital Management LP 1.9% 46,075,000 +70% 9.6% $1,327,881,500
Sessa Capital IM, L.P. 1.8% 45,565,629 -10% 26% $1,313,201,428
NORGES BANK 1.6% 38,994,003 0.12% $1,123,807,166
UBS Group AG 1.3% 33,339,744 +36% 0.19% $960,851,421
FMR LLC 1.2% 29,905,550 -27% 0.04% $861,877,979
MORGAN STANLEY 1.1% 27,462,742 +4.8% 0.05% $791,476,309
Invesco Ltd. 1% 25,725,138 -28% 0.11% $741,398,490
MILLENNIUM MANAGEMENT LLC 1% 25,610,999 +419% 0.53% $738,108,991
NORTHERN TRUST CORP 0.92% 22,797,285 -3% 0.08% $657,017,753
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.79% 19,452,808 +1.9% 0.09% $560,629,921
DIMENSIONAL FUND ADVISORS LP 0.73% 18,041,885 -4.1% 0.11% $519,991,728
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.61% 15,052,196 -14% 0.09% $433,804,290
Legal & General Group Plc 0.61% 15,045,260 +5.3% 0.1% $433,604,398
BARCLAYS PLC 0.57% 14,118,028 +25% 0.16% $406,881,569
BANK OF AMERICA CORP /DE/ 0.55% 13,636,049 -11% 0.03% $392,990,926
Bank of New York Mellon Corp 0.54% 13,308,993 +0.01% 0.07% $383,565,176
Amundi 0.53% 13,136,271 -15% 0.12% $378,587,330
Independent Franchise Partners LLP 0.51% 12,697,174 -3.1% 2.3% $365,932,554
NEUBERGER BERMAN GROUP LLC 0.5% 12,452,042 +59% 0.27% $358,889,189

Institutional Holders of Warner Bros. Discovery, Inc. - COMMON STOCK (WBD) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,739,607,165 $50,119,736,764 +$1,933,378,308 $28.82 1,276
2025 Q3 1,709,116,912 $33,349,241,217 +$242,284,602 $19.53 1,134
2025 Q2 1,735,460,722 $19,878,706,399 +$1,097,509,816 $11.46 1,134
2025 Q1 1,639,982,961 $17,573,015,658 +$494,923,873 $10.73 1,146
2024 Q4 1,596,862,765 $16,873,684,060 +$1,054,451,439 $10.57 1,177
2024 Q3 1,491,122,695 $12,300,685,934 +$163,888,577 $8.25 1,125
2024 Q2 1,474,436,007 $10,967,059,921 -$33,725,490 $7.44 1,171
2024 Q1 1,473,225,360 $12,856,327,791 +$102,442,818 $8.73 1,179
2023 Q4 1,455,868,869 $16,562,369,722 +$80,189,232 $11.38 1,243
2023 Q3 1,450,615,351 $15,747,827,801 +$118,971,749 $10.86 1,210
2023 Q2 1,425,155,897 $17,876,566,528 +$541,880,648 $12.54 1,246
2023 Q1 1,389,226,144 $20,967,869,635 -$36,066,221 $15.10 1,231
2022 Q4 1,388,552,559 $13,162,372,823 +$296,584,544 $9.48 1,259
2022 Q3 1,363,839,940 $15,695,333,036 -$108,441,882 $11.50 1,335
2022 Q2 1,359,592,444 $18,246,011,703 +$18,199,443,898 $13.42 1,432
2022 Q1 673,365 $16,988,441 +$14,487,245 $24.92 12
2021 Q4 88 $2,072 -$388,383 $23.55 2
2021 Q3 2,417 $59,510 -$1,810 $25.38 3
2021 Q2 27,054 $403,540 -$234,083 $30.68 4
2021 Q1 7,422 $322,557 -$668,530 $43.46 3
2020 Q4 32,383 $974,404 +$421,861 $30.09 3
2020 Q3 18,363 $399,763 +$363,221 $21.77 2
2020 Q2 1,806 $37,722 +$15,192 $21.10 3
2020 Q1 973 $18,915 +$5,249 $19.44 2
2019 Q4 703 $23,016 $32.74 1
2019 Q1 0 $0 -$1,682 $27.60 0
2018 Q4 68 $1,682 $24.74 1
2018 Q3 68 $2,176 -$3,648 $32.00 1
2018 Q2 182 $5,005 +$5,005 $27.50 1
2017 Q1 0 $0 -$1,206 $27.60 0
2016 Q4 44 $1,206 $27.41 1
2016 Q3 0 $0 -$151 $27.60 0
2016 Q2 6 $151 $25.17 1
2016 Q1 6 $172 $28.67 1