DaveManuel.com · Institutional Ownership · Who Owns It
WARNER BROS DISCOVERY INC (WBD)
Institutional ownership reported to the SEC as of Q2 2026, across 29 quarters.
1,330
Reporting holders
$56.9B
Reported value
2.7%
Calls
6.1%
Puts
+6
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $5.3B | 198,085,828 | 0.08% | 8q | +1.7%+$87.5M |
| VANGUARD CAPITAL MANAGEMENT LLC | $4.2B | 158,635,529 | 0.09% | 2q | +1.1%+$46.0M |
| STATE STREET CORP | $3.4B | 128,364,674 | 0.10% | 17q | +0.7%+$24.9M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2.8B | 105,102,281 | 0.13% | 2q | +1.6%+$45.4M |
| Invesco Ltd. | $2.1B | 80,086,951 | 0.17% | 17q | +3.2%+$66.3M |
| CITADEL ADVISORS LLC | $1.9B incl. $728.8M options CALL+PUT | 44,587,810 | 0.22% | 17q | +51.8%+$654.0M |
| GEODE CAPITAL MANAGEMENT, LLC | $1.9B | 69,897,377 | 0.10% | 17q | HELD |
| MILLENNIUM MANAGEMENT LLC | $1.7B incl. $148.4M options CALL+PUT | 57,657,575 | 0.61% | 17q | +31.2%+$401.0M |
| Pentwater Capital Management LP | $1.4B incl. $129.7M options CALL+PUT | 47,576,000 | 8.55% | 4q | -5.3%-$78.4M |
| FMR LLC | $1.2B incl. $26.7M options PUT | 45,257,749 | 0.05% | 17q | +39.4%+$348.4M |
| GOLDMAN SACHS GROUP INC | $1.2B incl. $492.1M options CALL+PUT | 25,006,903 | 0.10% | 17q | +5.0%+$55.3M |
| D. E. Shaw & Co., Inc. | $1.1B incl. $2.2M options CALL+PUT | 40,750,490 | 0.52% | 17q | +173.7%+$690.8M |
| NORGES BANK | $832.8M | 31,238,355 | 0.08% | 15q | -19.9%-$206.8M |
| Sessa Capital IM, L.P. | $804.2M | 30,165,805 | 13.45% | 17q | -5.6%-$48.0M |
| MORGAN STANLEY | $684.8M | 25,684,576 | 0.04% | 17q | -16.9%-$139.7M |
| Balyasny Asset Management L.P. | $654.2M incl. $213.9M options CALL+PUT | 16,512,606 | 0.82% | 10q | -34.3%-$340.8M |
| Qube Research & Technologies Ltd | $600.4M incl. $21.3M options CALL+PUT | 21,723,714 | 0.56% | 11q | +41.7%+$176.8M |
| NORTHERN TRUST CORP | $586.8M | 22,010,425 | 0.07% | 17q | -2.2%-$13.1M |
| UBS Group AG | $581.9M incl. $26.4M options CALL+PUT | 20,837,420 | 0.07% | 17q | +6.5%+$35.3M |
| JPMORGAN CHASE & CO | $555.1M | 20,460,517 | 0.03% | 17q | +6.7%+$34.9M |
| Third Point LLC | $533.2M | 20,000,000 | 11.39% | new | NEW |
| CAXTON ASSOCIATES LLP | $517.8M | 19,423,068 | 9.71% | 4q | +18.5%+$80.8M |
| HBK INVESTMENTS L P | $505.6M | 18,965,932 | 4.91% | 6q | +15.9%+$69.4M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $492.9M | 18,487,841 | 0.07% | 17q | -3.7%-$19.1M |
| LMR Partners LLP | $472.8M incl. $125.3M options CALL+PUT | 13,035,187 | 1.76% | 17q | +91.4%+$225.8M |
| DIMENSIONAL FUND ADVISORS LP | $454.1M | 17,029,524 | 0.08% | 17q | HELD |
| JANE STREET GROUP, LLC | $446.7M incl. $208.4M options CALL+PUT | 8,935,888 | 0.04% | 17q | -5.7%-$27.0M |
| Symmetry Investments LP | $436.8M incl. $212.9M options PUT | 8,397,981 | 29.54% | new | NEW |
| Amundi | $435.2M | 16,324,591 | 0.10% | 17q | +11.2%+$43.7M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $432.7M incl. $429.3M options CALL+PUT | 124,647 | 0.03% | 17q | -71.1%-$1.1B |
| BANK OF AMERICA CORP /DE/ | $426.4M | 15,994,188 | 0.03% | 17q | -3.7%-$16.6M |
| Caption Management, LLC | $426.1M CALL+PUT | options only | 1.99% | 17q | OPTIONS |
| Legal & General Group Plc | $412.3M | 15,466,648 | 0.09% | 17q | +2.0%+$8.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $401.1M | 15,044,844 | 0.07% | 17q | -6.1%-$26.0M |
| SG Americas Securities, LLC | $382.9M | 14,362,249 | 0.21% | 17q | +93.8%+$185.3M |
| HSBC HOLDINGS PLC | $369.8M | 13,829,848 | 0.15% | 17q | +131.3%+$210.0M |
| VANGUARD FIDUCIARY TRUST CO | $368.7M | 13,831,365 | 0.08% | 2q | HELD |
| DEUTSCHE BANK AG\ | $349.7M | 13,115,688 | 0.10% | 17q | +110.6%+$183.6M |
| Verition Fund Management LLC | $344.6M incl. $103.9M options CALL+PUT | 9,029,415 | 1.75% | 17q | +4.8%+$15.9M |
| Bank of New York Mellon Corp | $338.3M | 12,688,029 | 0.06% | 17q | -0.7%-$2.4M |
| Hudson Bay Capital Management LP | $303.1M incl. $154.0M options CALL+PUT | 5,589,805 | 0.82% | 3q | +16.6%+$43.3M |
| SONA ASSET MANAGEMENT (US) LLC | $276.4M incl. $129.9M options CALL+PUT | 5,495,158 | 5.80% | 5q | -7.4%-$22.2M |
| BARCLAYS PLC | $248.1M incl. $38.7M options CALL+PUT | 7,855,985 | 0.05% | 17q | -71.5%-$622.9M |
| Independent Franchise Partners LLP | $217.5M | 8,157,933 | 1.43% | 6q | -6.2%-$14.4M |
| NATIONAL BANK OF CANADA /FI/ | $210.3M | 7,887,162 | 0.15% | 17q | -40.7%-$144.3M |
| NEUBERGER BERMAN GROUP LLC | $202.5M | 7,590,252 | 0.13% | 17q | +7.9%+$14.9M |
| TUDOR INVESTMENT CORP ET AL | $194.2M | 7,286,085 | 0.27% | 18q | +3.3%+$6.2M |
| NOMURA HOLDINGS INC | $190.1M incl. $136.5M options CALL+PUT | 2,007,520 | 0.22% | 17q | -73.5%-$526.3M |
| Newport Trust Company, LLC | $188.6M | 7,073,339 | 0.45% | 17q | -2.6%-$5.1M |
| Allianz Asset Management GmbH | $186.8M incl. $2.2M options CALL+PUT | 6,926,268 | 0.15% | 17q | +5.1%+$9.1M |
| Fort Baker Capital Management LP | $182.8M incl. $64.3M options PUT | 4,444,353 | 13.37% | 3q | +10.5%+$17.4M |
| National Pension Service | $181.1M | 6,792,065 | 0.12% | 17q | +3.5%+$6.1M |
| Swiss National Bank | $179.1M | 6,717,827 | 0.09% | 17q | -3.5%-$6.5M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $162.8M | 6,105,056 | 0.09% | 17q | +7.4%+$11.3M |
| RENAISSANCE TECHNOLOGIES LLC | $162.2M | 6,083,353 | 0.22% | 2q | +58.1%+$59.6M |
| MARSHALL WACE, LLP | $154.9M | 5,809,501 | 0.12% | 4q | +88.9%+$72.9M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $152.9M | 5,733,448 | 0.21% | 17q | -10.6%-$18.2M |
| Westchester Capital Management, LLC | $152.4M | 5,715,678 | 7.46% | 4q | +9.2%+$12.9M |
| Nuveen, LLC | $152.1M | 5,704,372 | 0.04% | 6q | -5.7%-$9.2M |
| ExodusPoint Capital Management, LP | $150.4M incl. $88.9M options CALL+PUT | 2,305,423 | 0.97% | 10q | +53.0%+$52.1M |
| CAPSTONE INVESTMENT ADVISORS, LLC | $150.1M incl. $59.3M options CALL+PUT | 3,405,000 | 0.28% | 17q | -66.6%-$299.7M |
| BNP PARIBAS FINANCIAL MARKETS | $146.0M | 5,477,741 | 0.05% | 7q | -8.4%-$13.4M |
| Capula Management Ltd | $146.0M incl. $62.4M options CALL+PUT | 3,137,200 | 0.52% | 3q | +154.7%+$88.7M |
| Vanguard Global Advisers, LLC | $142.4M | 5,340,036 | 0.07% | 2q | -1.3%-$1.8M |
| CITIGROUP INC | $142.4M incl. $5.0M options PUT | 5,151,615 | 0.05% | 17q | +26.7%+$30.0M |
| AQR Arbitrage LLC | $141.1M | 5,293,977 | 2.01% | 3q | +37.9%+$38.8M |
| TOMS Capital Investment Management LP | $130.6M incl. $93.4M options CALL | 1,398,156 | 2.79% | 2q | -64.1%-$233.7M |
| FRANKLIN RESOURCES INC | $128.1M | 4,805,334 | 0.03% | 17q | +28.9%+$28.7M |
| HARRIS ASSOCIATES L P | $128.1M | 4,803,194 | 0.17% | 16q | -85.4%-$748.4M |
| Sumitomo Mitsui Trust Group, Inc. | $127.3M | 4,776,416 | 0.07% | 17q | -1.0%-$1.2M |
| Man Group plc | $126.7M incl. $4.7M options CALL | 4,575,751 | 0.20% | 11q | +11.9%+$13.5M |
| Centiva Capital, LP | $124.5M incl. $72.3M options CALL+PUT | 1,958,723 | 1.09% | 6q | +50.1%+$41.5M |
| VANGUARD ASSET MANAGEMENT, Ltd | $123.3M | 4,623,088 | 0.08% | 2q | +13.8%+$14.9M |
| Melqart Asset Management (UK) Ltd | $122.2M | 4,583,750 | 11.63% | 3q | +126.1%+$68.1M |
| ALLIANCEBERNSTEIN L.P. | $121.9M | 4,438,968 | 0.04% | 17q | +10.6%+$11.7M |
| RHUMBLINE ADVISERS | $117.7M | 4,415,649 | 0.09% | 17q | -21.8%-$32.7M |
| Squarepoint Ops LLC | $117.4M | 4,401,898 | 0.13% | 17q | +28.3%+$25.9M |
| TIG Advisors, LLC | $117.0M incl. $50.3M options CALL+PUT | 2,500,148 | 5.18% | 4q | -30.2%-$50.7M |
| ROYAL BANK OF CANADA | $115.0M | 4,315,323 | 0.02% | 17q | +10.0%+$10.5M |
| BANK OF NOVA SCOTIA | $112.5M | 4,220,452 | 0.17% | 17q | -15.6%-$20.7M |
| Kryger Capital LLC | $111.2M | 4,170,929 | 6.34% | 2q | +35.1%+$28.9M |
| California Public Employees Retirement System | $111.2M | 4,169,205 | 0.06% | 17q | +5.9%+$6.1M |
| CIBC Bancorp USA Inc. | $110.6M | 4,147,716 | 0.13% | 3q | +268.5%+$80.6M |
| Laurion Capital Management LP | $104.9M | 3,935,000 | 2.69% | 5q | +26.5%+$22.0M |
| READYSTATE ASSET MANAGEMENT LP | $102.7M | 3,851,600 | 3.51% | 3q | +132.1%+$58.4M |
| Walleye Trading LLC | $102.4M incl. $101.0M options CALL+PUT | 52,700 | 0.12% | 17q | +1405.7%+$95.6M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $96.6M | 3,622,715 | 0.09% | 17q | +1.0%+$990.7K |
| PRICE T ROWE ASSOCIATES INC /MD/ | $96.0M | 3,600,169 | 0.01% | 17q | +1.6%+$1.5M |
| Thrivent Financial for Lutherans | $92.2M | 3,458,333 | 0.15% | 17q | HELD |
| CANADA PENSION PLAN INVESTMENT BOARD | $90.1M | 3,378,613 | 0.05% | 17q | +36.7%+$24.2M |
| WATER ISLAND CAPITAL LLC | $87.1M incl. $40.7M options PUT | 1,740,468 | 8.10% | 3q | +7.6%+$6.2M |
| CIBC WORLD MARKET INC. | $76.8M | 2,882,548 | 0.12% | 17q | +1528.0%+$72.1M |
| ProShare Advisors LLC | $75.0M | 2,811,549 | 0.11% | 17q | -20.3%-$19.0M |
| PRINCIPAL FINANCIAL GROUP INC | $74.1M | 2,781,268 | 0.04% | 17q | -2.0%-$1.5M |
| Magnetar Financial LLC | $73.3M | 2,747,884 | 0.67% | 3q | -8.9%-$7.2M |
| BOUSSARD & GAVAUDAN GESTION SAS | $72.3M incl. $1.1M options PUT | 2,652,642 | 3.63% | new | FIRST |
| Calamos Advisors LLC | $70.0M incl. $32.8M options CALL | 1,397,567 | 0.23% | 3q | +21.5%+$12.4M |
| WHITEBOX ADVISORS LLC | $70.0M incl. $29.3M options PUT | 1,525,001 | 0.91% | 15q | -5.6%-$4.1M |
| Governors Lane LP | $68.5M incl. $29.6M options CALL+PUT | 1,457,766 | 5.72% | 4q | -27.2%-$25.5M |
| SYQUANT CAPITAL SAS | $66.8M | 2,504,187 | 14.93% | 2q | +13.4%+$7.9M |
Showing the largest 100 of 1,331 reported holders. The count of 1,330 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-13 | Zaslav David | Chief Executive Officer & Pres | Sold | 2,184,782 | $59.5M ×2 |
| 2026-08-13 | Zaslav David | Chief Executive Officer & Pres | Sold | 773,173 | $21.7M ×2 |
| 2026-08-10 | Zeiler Gerhard | President, International | Sold | 591,038 | $16.0M ×4 |
| 2026-09-03 | LEVY ANTON J | Director | Sold | 340,000 | $9.7M |
| 2026-09-09 | Girdwood Amy | Chief People & Culture Officer | Sold | 262,285 | $7.3M |
| 2026-09-03 | LOWE KENNETH W | Director | Sold | 200,000 | $5.7M |
| 2026-09-10 | LOWE KENNETH W | Director | Sold | 200,000 | $5.6M |
| 2026-08-14 | Zaslav David | Chief Executive Officer & Pres | Sold | 194,999 | $5.5M |
| 2026-08-27 | Perrette Jean-Briac | Pres.&CEO, Global Streaming | Sold | 126,707 | $3.7M |
| 2026-08-11 | LOWE KENNETH W | Director | Sold | 120,000 | $3.2M |
| 2026-08-13 | Merchant Fazal F | Director | Sold | 71,539 | $2.0M |
| 2026-09-14 | Locke Lori C. | Chief Accounting Officer | Sold | 29,115 | $819.0K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 434 | $1.5B | 46,531,105 | 57 | 124 | 133 | 2.1% |
| Q2 2026 | 1,330 | $56.9B | 1,946,725,350 | 101 | 492 | 411 | 8.8% |
| Q1 2026 | 1,324 | $53.4B | 1,816,242,976 | 138 | 443 | 431 | 6.7% |
| Q4 2025 | 1,334 | $57.3B | 1,808,134,902 | 241 | 410 | 388 | 9.2% |
| Q3 2025 | 1,181 | $36.6B | 1,733,494,257 | 162 | 366 | 401 | 7.6% |
| Q2 2025 | 1,167 | $21.0B | 1,746,617,981 | 103 | 353 | 451 | 4.7% |
| Q1 2025 | 1,182 | $18.9B | 1,679,371,680 | 101 | 375 | 391 | 4.9% |
| Q4 2024 | 1,203 | $17.9B | 1,599,739,991 | 107 | 315 | 463 | 5.3% |
| Q3 2024 | 1,147 | $13.1B | 1,512,316,821 | 90 | 328 | 449 | 4.8% |
| Q2 2024 | 1,196 | $11.4B | 1,493,827,668 | 97 | 374 | 466 | 2.9% |
| Q1 2024 | 1,220 | $14.2B | 1,547,181,636 | 100 | 363 | 497 | 4.7% |
| Q4 2023 | 1,268 | $17.8B | 1,499,166,765 | 91 | 335 | 540 | 4.3% |
| Q3 2023 | 1,239 | $16.8B | 1,454,621,689 | 85 | 375 | 501 | 5.9% |
| Q2 2023 | 1,282 | $19.1B | 1,443,458,832 | 109 | 356 | 543 | 5.1% |
| Q1 2023 | 1,275 | $22.4B | 1,411,848,295 | 120 | 343 | 551 | 4.6% |
| Q4 2022 | 1,317 | $15.1B | 1,498,609,567 | 129 | 274 | 697 | 5.7% |
| Q3 2022 | 1,359 | $51.5B | 4,389,526,720 | 134 | 369 | 648 | 1.9% |
| Q2 2022 | 1,454 | $64.2B | 4,672,166,862 | 1,456 | 9 | 1 | 2.2% |
| Q1 2022 | 13 | $19.1M | 758,655 | 10 | 0 | 1 | 0.0% |
| Q4 2021 | 2 | $2.1M | 88,000 | 1 | 0 | 0 | 0.0% |
| Q3 2021 | 3 | $58.5M | 2,305,112 | 0 | 0 | 0 | 0.0% |
| Q2 2021 | 4 | $72.9M | 2,388,690 | 1 | 1 | 0 | 0.0% |
| Q1 2021 | 3 | $322.6M | 7,422,000 | 1 | 0 | 0 | 0.0% |
| Q4 2020 | 3 | $974.4M | 32,383,000 | 1 | 1 | 0 | 0.0% |
| Q3 2020 | 2 | $399.8M | 18,363,000 | 1 | 0 | 0 | 0.0% |
| Q2 2020 | 3 | $35.7M | 1,693,113 | 0 | 1 | 0 | 0.0% |
| Q1 2020 | 2 | $18.9M | 973,000 | 1 | 0 | 1 | 0.0% |
| Q4 2019 | 1 | $23.0M | 703,000 | 0 | 0 | 0 | 0.0% |
| Q4 2018 | 1 | $1.7M | 68,000 | 0 | 0 | 0 | 0.0% |