Warner Bros
1,156 hedge funds and large institutions have $19.9B invested in Warner Bros in 2025 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 367 increasing their positions, 471 reducing their positions, and 124 closing their positions.
39% more call options, than puts
Call options by funds: $572M | Put options by funds: $413M
11% more capital invested
Capital invested by funds: $17.9B → $19.9B (+$2B)
4% more funds holding in top 10
Funds holding in top 10: 28 → 29 (+1)
2.17% more ownership
Funds ownership: 68.15% → 70.32% (+2.2%)
1% less first-time investments, than exits
New positions opened: 123 | Existing positions closed: 124
1% less funds holding
Funds holding: 1,170 → 1,156 (-14)
22% less repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 471
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sessa Capital
New York
|
+$197M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$133M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$125M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$79.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$122M |
| 2 |
State Street
Boston,
Massachusetts
|
-$74.5M |
| 3 |
KBC Group
Brussels,
Belgium
|
-$52.5M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
-$52.2M |
| 5 |
Holocene Advisors
New York
|
-$51M |
WBD Hedge Fund Activity: Q2 2025 in Review
1,156 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Warner Bros (WBD) for Q2 2025, worth a combined $19.9B — up 11% from $17.9B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of WBD and 123 opened new positions — a net loss of 1 holder — while 471 trimmed existing stakes and 367 added.
The largest buyer was Sessa Capital, adding an estimated $197M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $122M sold.
- 1,156 institutional investors held Warner Bros (WBD) as of Q2 2025, down from 1,170 in Q1 2025.
- Funds reported $19.9B of Warner Bros stock for Q2 2025, up 11% quarter-over-quarter.
- 123 funds opened new Warner Bros positions in Q2 2025 and 124 closed out, a net change of -1 holder.
- The largest Warner Bros buyer in Q2 2025 was Sessa Capital, an estimated $197M added.
- The largest Warner Bros seller in Q2 2025 was Sachem Head Capital Management, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2025.