Slate Path Capital’s Warner Bros WBD Stock Holding History

Slate Path Capital’s Portfolio WBD Stock Details WBD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-11,804,700	Closed	-$231M	–	64
2025 Q3	$231M	Sell	11,804,700 -9,523,300	-45%	-$130M	3.57%	9
2025 Q2	$244M	Sell	21,328,000 -792,000	-4%	-$7.39M	4.21%	6
2025 Q1	$237M	Sell	22,120,000 -1,681,000	-7%	-$17.6M	4.29%	5
2024 Q4	$252M	Buy	23,801,000 +6,381,000	+37%	+$59.3M	4.55%	5
2024 Q3	$144M	Buy	+17,420,000	New	+$136M	2.21%	20
2022 Q4	–	Sell	-1,113,000	Closed	-$12.8M	–	49
2022 Q3	$12.8M	Buy	+1,113,000	New	+$15.1M	0.83%	24

Other funds holding WBD

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

Sessa Capital New York $5.51B AUM 47.23% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Slate Path Capital's WBD Position: Q4 2025 in Review

Slate Path Capital sold out of Warner Bros (WBD) in Q4 2025, closing a stake of 11,804,700 shares — an estimated $231M sold.

Slate Path Capital first reported a position in WBD in Q3 2022 and held it in 6 quarters. The position peaked at $252M in Q4 2024. 1,314 funds tracked by Wall St. Rank hold WBD as of Q4 2025.

Slate Path Capital reported no remaining Warner Bros position as of Q4 2025 after selling out during the quarter.
Slate Path Capital sold 11,804,700 Warner Bros shares in Q4 2025, an estimated $231M.
Slate Path Capital first reported a position in Warner Bros in Q3 2022 and held it in 6 quarters.
Slate Path Capital's Warner Bros position peaked at $252M in Q4 2024.
1,314 funds tracked by Wall St. Rank held Warner Bros as of Q4 2025.

Based on Slate Path Capital's 13F filing for Q4 2025, filed 17 Feb 2026.