Independent Franchise Partners’s Warner Music WMG Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q2
$352M Sell
12,997,804
-36,450
-0.3% -$1.08M 2.31% 19
2026
Q1
$333M Sell
13,034,254
-61,951
-0.5% -$1.76M 2.33% 18
2025
Q4
$402M Sell
13,096,205
-57,179
-0.4% -$1.75M 2.55% 18
2025
Q3
$448M Sell
13,153,384
-126,801
-1% -$4.04M 2.95% 18
2025
Q2
$362M Sell
13,280,185
-98,679
-0.7% -$2.75M 2.41% 20
2025
Q1
$419M Buy
13,378,864
+7,483,839
+127% +$243M 2.99% 18
2024
Q4
$183M Buy
5,895,025
+839,754
+17% +$26.9M 1.37% 20
2024
Q3
$158M Sell
5,055,271
-170,063
-3% -$5.04M 1.4% 20
2024
Q2
$160M Buy
+5,225,334
New +$168M 1.47% 20

Other funds holding WMG

Independent Franchise Partners's WMG Position: Q2 2026 in Review

Independent Franchise Partners reduced its Warner Music (WMG) stake by 0.28% in Q2 2026, selling an estimated $1.08M and leaving 12,997,804 shares worth $352M. The position accounts for 2.31% of the portfolio, ranked #19.

Independent Franchise Partners first reported a position in WMG in Q2 2024 and has held it in 9 quarters since. The position peaked at $448M in Q3 2025. 336 funds tracked by Wall St. Rank hold WMG as of Q2 2026.

  • Independent Franchise Partners held 12,997,804 shares of Warner Music worth $352M as of Q2 2026.
  • Independent Franchise Partners sold 36,450 Warner Music shares in Q2 2026, an estimated $1.08M.
  • Warner Music made up 2.31% of Independent Franchise Partners's portfolio in Q2 2026, its #19 holding.
  • Independent Franchise Partners first reported a position in Warner Music in Q2 2024 and has held it in 9 quarters since.
  • Independent Franchise Partners's Warner Music position peaked at $448M in Q3 2025.
  • 336 funds tracked by Wall St. Rank held Warner Music as of Q2 2026.

Based on Independent Franchise Partners's 13F filing for Q2 2026, filed 13 Aug 2026.