Warner Bros. Discovery Ownership | Who Owns Warner Bros. Discovery?
Warner Bros. Discovery Ownership Summary
Warner Bros. Discovery is owned by 78.79% institutional investors, 4.19% insiders, and 17.03% 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
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Warner Bros. Discovery | 78.79% | 4.19% | 17.03% |
| Sector | Communication Services Stocks | 42.11% | 17.84% | 40.05% |
| Industry | Entertainment Stocks | 46.33% | 16.85% | 36.83% |
| Idea | Mobile Game Stocks List | 37.03% | 22.40% | 40.57% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Vanguard group | 283.18M | 11.42% | $8.16B |
| Blackrock funding, inc. /de | 198.09M | 7.95% | $5.28B |
| Blackrock | 165.19M | 6.76% | $1.23B |
| Vanguard capital management | 158.64M | 6.37% | $4.23B |
| State street | 128.36M | 5.15% | $3.42B |
| Invesco | 80.09M | 3.21% | $2.14B |
| Geode capital management | 69.90M | 2.80% | $1.86B |
| Millennium management | 57.66M | 2.31% | $1.54B |
| Pentwater capital management lp | 47.58M | 1.91% | $1.27B |
| Fmr | 45.26M | 1.82% | $1.21B |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| Samson rock capital llp | 940.00K | 55.01% | $25.06M |
| Mediatel partners | 226.26K | 23.76% | $6.03M |
| One68 global capital | 357.17K | 20.66% | $9.52M |
| Hauser brothers gmbh | 600.00K | 19.26% | $16.00M |
| Athos capital | 1.75M | 16.54% | $46.60M |
| Psquared asset management | 1.66M | 15.89% | $45.67M |
| Symmetry investments lp | 8.40M | 15.14% | $223.89M |
| Syquant capital sas | 2.50M | 14.93% | $66.76M |
| Sessa capital im | 30.17M | 13.45% | $804.22M |
| Melqart asset management (uk) | 4.58M | 11.63% | $122.20M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Norges bank | 31.24M | 0.08% | 31.24M |
| Invesco | 80.09M | 0.17% | 28.04M |
| D. e. shaw | 40.75M | 0.52% | 25.86M |
| Third point | 20.00M | 11.39% | 20.00M |
| Sixth street partners management company | 18.49M | 0.07% | 18.49M |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Harris associates l p | 4.80M | 0.17% | -28.07M |
| Edgepoint investment group | - | - | -22.42M |
| Barclays | 7.86M | 0.04% | -19.72M |
| Slate path capital lp | 11.80M | 3.57% | -9.52M |
| Balyasny asset management | 16.51M | 0.55% | -8.60M |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Norges bank | 31.24M | 0.08% | 31.24M | $832.81M |
| Third point | 20.00M | 11.39% | 20.00M | $533.20M |
| Sixth street partners management company | 18.49M | 0.07% | 18.49M | $492.89M |
| Symmetry investments lp | 8.40M | 15.14% | 8.40M | $223.89M |
| Contour asset management | 2.38M | 1.17% | 2.38M | $46.49M |
Sold Out
| Holder | Change |
|---|---|
| Security national bank | -1.00 |
| Karpus management | -1.00 |
| Game plan financial advisors | -1.00 |
| Robbins farley | -2.00 |
| Re dickinson investment advisors | -2.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2026 | 1,404 | -0.14% | 1,963,322,850 | 10.94% | 78 | 1.56% | 602 | -1.95% | 450 | -2.60% |
| Mar 31, 2026 | 1,358 | -4.57% | 1,704,857,828 | -2.37% | 68 | 1.39% | 587 | -19.37% | 459 | 10.34% |
| Dec 31, 2025 | 612 | -51.24% | 443,057,141 | -74.02% | 17 | 0.38% | 305 | -44.14% | 201 | -51.09% |
| Sep 30, 2025 | 628 | -48.27% | 495,947,264 | -71.41% | 20 | 0.41% | 265 | -45.36% | 213 | -54.78% |
| Jun 30, 2025 | 1,189 | -2.70% | 1,726,906,771 | 5.41% | 69 | 1.57% | 475 | -10.38% | 459 | 14.75% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| The Comm Svcs Sel Sect SPDR® ETF | 78.89M | 3.19% | 507.09K |
| Vanguard Morn Total Stk Mkt Idx Investor | 75.62M | 3.02% | 643.64K |
| Vanguard Total Stock Mkt Idx Inv | 75.62M | 3.02% | 643.64K |
| Vanguard US Total Market Shares ETF | 69.99M | 2.85% | 54.31K |
| Vanguard 500 Index Investor | 64.38M | 2.57% | -506.25K |
| Invesco QQQ Trust | 51.92M | 2.07% | -658.48K |
| Vanguard Mid Cap Index Institutional | 51.62M | 2.06% | 503.14K |
| Vanguard Morn Mid Cap Index Instl | 51.62M | 2.06% | 503.14K |
| State Street® CommServSelSectSPDR®ETF | 35.99M | 1.44% | -107.76K |
| iShares Core S&P 500 ETF | 33.44M | 1.33% | 53.32K |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Aug 13, 2026 | Zaslav David | Chief Executive Officer & Pres | Sell | $19.00M |
| Aug 14, 2026 | Zaslav David | Chief Executive Officer & Pres | Sell | $5.46M |
| Aug 13, 2026 | Zaslav David | Chief Executive Officer & Pres | Sell | $2.66M |
| Aug 13, 2026 | Merchant Fazal F | - | Sell | $1.99M |
| Aug 12, 2026 | FISHER RICHARD W | - | Sell | $549.20K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q3 | - | 12 |
| 2026 Q2 | - | - |
| 2026 Q1 | - | 15 |
| 2025 Q4 | - | 12 |
| 2025 Q3 | 2 | 4 |
WBD Ownership FAQ
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