River Road Asset Management’s Warner Music WMG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$16.6M	Buy	567,845 +193,911	+52%	+$5.67M	0.21%	110
2025 Q1	$11.7M	Buy	373,934 +209,594	+128%	+$6.57M	0.16%	117
2024 Q4	$5.09M	Sell	164,340 -28,198	-15%	-$874K	0.07%	155
2024 Q3	$6.03M	Buy	+192,538	New	+$6.03M	0.08%	154