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Warner Bros. Discovery Ownership | Who Owns Warner Bros. Discovery?

OverviewForecastRevenueFinancialsChartTranscripts

Warner Bros. Discovery Ownership Summary

Warner Bros. Discovery is owned by 17.87% institutional investors, 5.95% insiders, and 76.18% retail investors. Vanguard group is the largest institutional shareholder, holding 11.42% of WBD shares. The Comm Svcs Sel Sect SPDR® ETF is the top mutual fund, with 3.19% of its assets in Warner Bros. Discovery shares.

WBD Ownership Benchmark

TypeName% Inst% Insiders% Retail
StockWarner Bros. Discovery17.87%5.95%76.18%
SectorCommunication Services Stocks 24.72%16.64%58.63%
IndustryEntertainment Stocks 25.42%18.84%55.75%
IdeaMobile Game Stocks List22.62%22.10%55.28%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group283.18M11.42%$8.16B
Blackrock funding, inc. /de193.83M7.82%$5.59B
Blackrock165.19M6.76%$1.23B
State street158.33M6.39%$3.09B
Harris associates l p95.96M3.87%$1.87B
Geode capital management66.60M2.69%$1.91B
Goldman sachs group51.34M2.07%$1.48B
Sessa capital im50.62M2.04%$988.69M
Fmr41.22M1.66%$805.00M
Norges bank38.99M1.57%$1.12B

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Hauser brothers gmbh2.88M45.29%$56.19M
Samson rock capital llp775.00K36.44%$22.34M
Sessa capital im50.62M23.40%$988.69M
Mediatel partners226.26K21.92%$6.52M
Credit capital investments504.71K13.70%$14.55M
Harbor island capital981.39K10.84%$28.28M
Triad investment management325.57K9.50%$9.38B
Contrarius investment management17.80M8.28%$132.42M
Diversified investment strategies394.19K7.45%$11.36M
Jericho capital asset management35.10M7.13%$685.41M

Top Buyers

HolderShares% AssetsChange
Norges bank38.99M0.12%38.99M
Goldman sachs group51.34M0.18%35.87M
Pentwater capital management lp27.06M2.96%27.06M
Fmr41.22M0.04%22.85M
Jericho capital asset management35.10M7.13%18.29M

Top Sellers

HolderShares% AssetsChange
Edgepoint investment group---22.42M
Manufacturers life insurance company, the1.46M0.02%-22.01M
Pacer advisors9.39M0.69%-13.40M
Jpmorgan chase9.79M0.02%-13.38M
Harris associates l p95.96M3.00%-12.97M

New Positions

HolderShares% AssetsChangeValue
Norges bank38.99M0.12%38.99M$1.12B
Pentwater capital management lp27.06M2.96%27.06M$528.48M
Hrt financial lp6.25M0.57%6.25M$180.13M
Xn lp5.61M3.22%5.61M$109.66M
Marshall wace, llp5.13M0.10%5.13M$100.14M

Sold Out

HolderChange
Security national bank-1.00
Game plan financial advisors-1.00
Re dickinson investment advisors-2.00
Robbins farley-2.00
Wiser advisor group-2.00

Institutional Ownership Trends

DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Dec 31, 2025612-51.24%443,057,141-74.02%170.38%305-44.14%201-51.09%
Sep 30, 2025628-48.27%495,947,264-71.41%200.41%265-45.36%213-54.78%
Jun 30, 20251,189-2.70%1,726,906,7715.41%691.57%475-10.38%45914.75%
Mar 31, 202518-98.54%75,636,922-95.26%30.07%10-98.04%1-99.79%
Dec 31, 20241,109-5.86%1,401,349,224-5.44%571.57%4540.22%431-7.71%

Top Mutual Funds Shareholders

HolderShares% HoldingChange
The Comm Svcs Sel Sect SPDR® ETF78.89M3.19%507.09K
Vanguard US Total Market Shares ETF69.99M2.85%54.31K
Vanguard Total Stock Mkt Idx Inv70.07M2.83%-1.65M
Vanguard 500 Index Investor55.75M2.25%-8.17M
Invesco QQQ Trust50.99M2.06%353.95K
Vanguard Mid Cap Index Institutional49.68M2.01%533.65K
Oakmark Investor36.53M1.48%4.65M
Fidelity 500 Index28.54M1.15%12.21K
SPDR® S&P 500 ETF27.78M1.13%-406.72K
SPDR® S&P 500® ETF Trust27.05M1.10%-141.70K

Recent Insider Transactions

DateNameRoleActivityValue
Dec 10, 2025Wiedenfels Gunnar Chief Financial OfficerSell$4.44M
Dec 10, 2025Locke Lori C. Chief Accounting OfficerSell$119.21K
Dec 08, 2025Locke Lori C. Chief Accounting OfficerSell$138.10K
Dec 09, 2025Locke Lori C. Chief Accounting OfficerSell$137.25K
Dec 05, 2025Locke Lori C. Chief Accounting OfficerSell$127.10K

Insider Transactions Trends

DateBuySell
2026 Q1--
2025 Q4-12
2025 Q324
2025 Q2--
2025 Q11-

WBD Ownership FAQ

Who Owns Warner Bros. Discovery?

Warner Bros. Discovery shareholders are primarily institutional investors at 17.87%, followed by 5.95% insiders and 76.18% retail investors. The average institutional ownership in Warner Bros. Discovery's industry, Entertainment Stocks , is 25.42%, which Warner Bros. Discovery falls below.

Who owns the most shares of Warner Bros. Discovery?

Warner Bros. Discovery’s largest shareholders are Vanguard group (283.18M shares, 11.42%), Blackrock funding, inc. /de (193.83M shares, 7.82%), and Blackrock (165.19M shares, 6.76%). Together, they hold 26.00% of Warner Bros. Discovery’s total shares outstanding.

Does Blackrock own Warner Bros. Discovery?

Yes, BlackRock owns 6.76% of Warner Bros. Discovery, totaling 165.19M shares as of Jun 2024. This represents 0.03% of BlackRock's total assets, with a market value of 1.23B$. In the last quarter, BlackRock increased its holdings by 7.56M shares, a 4.80% change.

Who is Warner Bros. Discovery’s biggest shareholder by percentage of total assets invested?

Hauser brothers gmbh is Warner Bros. Discovery’s biggest shareholder by percentage of total assets invested, with 45.29% of its assets in 2.88M Warner Bros. Discovery shares, valued at 56.19M$.

Who is the top mutual fund holder of Warner Bros. Discovery shares?

The Comm Svcs Sel Sect SPDR® ETF is the top mutual fund holder of Warner Bros. Discovery shares, with 3.19% of its total shares outstanding invested in 78.89M Warner Bros. Discovery shares.

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