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Warner Bros. Discovery, Inc. (WBD) institutional ownership

Latest close $25.95 Jul 23, 2026
Market cap$65.6B 52-week range SectorCommunication Services
Funds holding · Q1 2026
1,196
reported WBD position changes
Top owners · Q1 2026
No disclosed owners are available.
Institutional activity · Q1 2026
Net bought $390M
610 buyers · 586 sellers

Warner Bros. Discovery, Inc. (WBD) price and institutional activity

Dates

Q1 2026

$7.7B bought by 610 investors
Millennium Management LLC$513MCitadel Advisors LLC$493M +608 more
$7.3B sold by 586 investors
Harris Associates L P-$1.3BNorges-$1.1B +584 more
Bought Sold Totals per quarter; hover a bar for the names.

Warner Bros. Discovery, Inc. (WBD) institutional activity · 1,196

Investor Type Est. change Change Δ Own Date
Harris Associates L P · Reduced −$1.3B
Change −46.0M Δ Own −58.3% Date Q1 2026
Harris Associates L P Reduced· Q1 2026 −$1.3B −46.0M −58.3% Q1 2026
Norges · Exited −$1.1B
Change −39.0M Δ Own −100.0% Date Q1 2026
Norges Exited· Q1 2026 −$1.1B −39.0M −100.0% Q1 2026
Goldman Sachs Group Inc · Reduced −$771M
Change −27.5M Date Q1 2026
Goldman Sachs Group Inc Reduced· Q1 2026 −$771M −27.5M Q1 2026
Millennium Management LLC · Added +$513M
Change +18.3M Date Q1 2026
Millennium Management LLC Added· Q1 2026 +$513M +18.3M Q1 2026
Citadel Advisors LLC Added· Q1 2026 +$493M +17.6M +149.4% Q1 2026
Balyasny Asset Management L.P. · Added +$447M
Change +16.0M Date Q1 2026
Balyasny Asset Management L.P. Added· Q1 2026 +$447M +16.0M Q1 2026
Caxton Associates LLP · Added +$441M
Change +15.8M Date Q1 2026
Caxton Associates LLP Added· Q1 2026 +$441M +15.8M Q1 2026
UBS Group AG · Reduced −$385M
Change −13.8M Date Q1 2026
UBS Group AG Reduced· Q1 2026 −$385M −13.8M Q1 2026
Sessa Capital Im, L.P. · Reduced −$381M
Change −13.6M Date Q1 2026
Sessa Capital Im, L.P. Reduced· Q1 2026 −$381M −13.6M Q1 2026
Barclays PLC · Added +$377M
Change +13.5M Date Q1 2026
Barclays PLC Added· Q1 2026 +$377M +13.5M Q1 2026
JPMorgan Chase & Co · Added +$263M
Change +9.4M Date Q1 2026
JPMorgan Chase & Co Added· Q1 2026 +$263M +9.4M Q1 2026
Qube Research & Technologies Ltd · Added +$257M
Change +9.2M Date Q1 2026
Qube Research & Technologies Ltd Added· Q1 2026 +$257M +9.2M Q1 2026
Pacer Advisors, Inc. · Reduced −$257M
Change −9.2M Date Q1 2026
Pacer Advisors, Inc. Reduced· Q1 2026 −$257M −9.2M Q1 2026
Sachem Head Capital Management LP · Exited −$224M
Change −8.0M Δ Own −100.0% Date Q1 2026
Sachem Head Capital Management LP Exited· Q1 2026 −$224M −8.0M −100.0% Q1 2026
Hbk Investments L P · Added +$208M
Change +7.4M Date Q1 2026
Hbk Investments L P Added· Q1 2026 +$208M +7.4M Q1 2026
Data through Q1 2026 · filed Jun 11, 2026
15 of 1196

Famous investor activity in Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery, Inc. (WBD) insider trading

Company insiders, action and economics first; trade and filed dates last.
Dates
Insider Title Type Price Qty Value Owned ΔOwn Trade date Filed date
Zaslav David · Director 2 operations −$59M
Price $27.22 Qty −2.2M Owned 6.9M ΔOwn −24.0% Trade date Jul 13, 2026 Filed date Jul 15, 2026
Zaslav David Director 2 operations $27.22 −2.2M −$59M 6.9M −24.0% Jul 13, 2026 Jul 15, 2026
Zaslav David · Director 2 operations 0
Price $10.16 Owned 18.8M Trade date Jul 13, 2026 Filed date Jul 15, 2026
Zaslav David Director 2 operations $10.16 0 18.8M Jul 13, 2026 Jul 15, 2026
Noto Anthony · Director Grant (A) 1K
Owned 53K ΔOwn +2.1% Trade date Jun 30, 2026 Filed date Jul 1, 2026
Noto Anthony Director Grant (A) 1K 53K +2.1% Jun 30, 2026 Jul 1, 2026
Zaslav David · Director Tax withholding or exercise payment (F) -$5.5M
Price $26.98 Qty -203K Owned 7.0M Trade date Jun 12, 2026 Filed date Jun 16, 2026
Zaslav David Director Tax withholding or exercise payment (F) $26.98 -203K -$5.5M 7.0M Jun 12, 2026 Jun 16, 2026
Levin Joseph · Director Grant (A) 9K
Owned 44K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Levin Joseph Director Grant (A) 9K 44K Jun 9, 2026 Jun 11, 2026
Yang Geoffrey Y. · Director Grant (A) 9K
Owned 127K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Yang Geoffrey Y. Director Grant (A) 9K 127K Jun 9, 2026 Jun 11, 2026
Sanchez Daniel E. · Director Grant (A) 9K
Owned 53K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Sanchez Daniel E. Director Grant (A) 9K 53K Jun 9, 2026 Jun 11, 2026
Price Paula A. · Director Grant (A) 9K
Owned 92K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Price Paula A. Director Grant (A) 9K 92K Jun 9, 2026 Jun 11, 2026
Noto Anthony · Director Grant (A) 9K
Owned 52K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Noto Anthony Director Grant (A) 9K 52K Jun 9, 2026 Jun 11, 2026
Merchant Fazal F. · Director Grant (A) 9K
Owned 105K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Merchant Fazal F. Director Grant (A) 9K 105K Jun 9, 2026 Jun 11, 2026
Lowe Kenneth W. · Director Grant (A) 9K
Owned 1.1M Trade date Jun 9, 2026 Filed date Jun 11, 2026
Lowe Kenneth W. Director Grant (A) 9K 1.1M Jun 9, 2026 Jun 11, 2026
Levy Anton J. · Director Grant (A) 9K
Owned 958K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Levy Anton J. Director Grant (A) 9K 958K Jun 9, 2026 Jun 11, 2026
Lee Debra L. · Director Grant (A) 9K
Owned 76K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Lee Debra L. Director Grant (A) 9K 76K Jun 9, 2026 Jun 11, 2026
Gould Paul A. · Director Grant (A) 9K
Owned 253K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Gould Paul A. Director Grant (A) 9K 253K Jun 9, 2026 Jun 11, 2026
Fisher Richard W. · Director Grant (A) 9K
Owned 80K Trade date Jun 9, 2026 Filed date Jun 11, 2026
Fisher Richard W. Director Grant (A) 9K 80K Jun 9, 2026 Jun 11, 2026
15 of 100
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Warner Bros. Discovery, Inc. (WBD) activist and large shareholders

Dates
Owner/Filer identity Shares reported % of shares outstanding Filing date
Vanguard Group Inc 246.3M
% of shares outstanding 10.1% Filing date Feb 13, 2024
Vanguard Group Inc 246.3M 10.1% Feb 13, 2024
Advance/newhouse Programming Partnership 184.0M
% of shares outstanding 7.5% Filing date Apr 2, 2024
Advance/newhouse Programming Partnership 184.0M 7.5% Apr 2, 2024
Vanguard Capital Management 181.1M
% of shares outstanding 7.2% Filing date Apr 30, 2026
Vanguard Capital Management 181.1M 7.2% Apr 30, 2026
Hotchkis & Wiley Capital Management LLC 23.8M
% of shares outstanding 7.2% Filing date Feb 11, 2022
Hotchkis & Wiley Capital Management LLC 23.8M 7.2% Feb 11, 2022
BlackRock Inc. 154.4M
% of shares outstanding 6.3% Filing date Jan 29, 2024
BlackRock Inc. 154.4M 6.3% Jan 29, 2024
State Street Corp
% of shares outstanding 5.6% Filing date Jan 25, 2024
State Street Corp 5.6% Jan 25, 2024
Clearbridge Investments, LLC 8.6M
% of shares outstanding 5.1% Filing date Feb 8, 2022
Clearbridge Investments, LLC 8.6M 5.1% Feb 8, 2022
FMR LLC 1.9M
% of shares outstanding 1.1% Filing date Feb 9, 2022
FMR LLC 1.9M 1.1% Feb 9, 2022
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Warner Bros. Discovery, Inc. (WBD) ownership FAQ

Who owns WBD?

1,196 reporting institutions disclosed WBD position changes in the Q1 2026 snapshot.

How is institutional activity calculated?

For each manager, WhoBought compares accepted consecutive 13F share counts. Share change is current shares minus prior shares. Estimated dollar change is that signed share change multiplied by the split-adjusted quarter-mean close. The activity table on this page uses Q1 2026.

What are activist and large shareholder filings?

An investor crossing 5% of a share class generally files Schedule 13D for activist intent or Schedule 13G for a passive position. The technical form names appear here rather than in the activity rows.

Where does this data come from?

Ownership and institutional activity come from SEC Form 13F filings. Insider activity comes from SEC Form 4, and large-shareholder activity from SEC Schedules 13D and 13G. FMP supplies price data only. Company logos use the local verified Parqet cache with one shared fallback.

Why are ownership reports delayed?

Form 13F is a quarterly disclosure and is normally filed after the quarter ends. Every ownership and activity value therefore names its represented period; it is not presented as a live position.

How are missing table values shown?

A muted dash marks a missing table value. It means the filing omitted the value, comparable data is unavailable, or no prior position exists for comparison.