Warner Bros
1,154 hedge funds and large institutions have $33.4B invested in Warner Bros in 2025 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 377 increasing their positions, 414 reducing their positions, and 142 closing their positions.
67% more capital invested
Capital invested by funds: $19.9B → $33.4B (+$13.4B)
28% more funds holding in top 10
Funds holding in top 10: 29 → 37 (+8)
25% more call options, than puts
Call options by funds: $1.54B | Put options by funds: $1.23B
9% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 142
0% less funds holding
Funds holding: 1,158 → 1,154 (-4)
9% less repeat investments, than reductions
Existing positions increased: 377 | Existing positions reduced: 414
1.27% less ownership
Funds ownership: 70.32% → 69.06% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$369M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$311M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$304M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$255M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
+$249M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$300M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$257M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$177M |
| 4 |
Barclays
London,
United Kingdom
|
-$152M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$130M |
WBD Hedge Fund Activity: Q3 2025 in Review
1,154 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Warner Bros (WBD) for Q3 2025, worth a combined $33.4B — up 67% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new WBD positions and 142 closed out — a net gain of 13 holders — while 377 added to existing stakes and 414 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $369M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $300M.
- 1,154 institutional investors held Warner Bros (WBD) as of Q3 2025, down from 1,158 in Q2 2025.
- Funds reported $33.4B of Warner Bros stock for Q3 2025, up 67% quarter-over-quarter.
- 155 funds opened new Warner Bros positions in Q3 2025 and 142 closed out, a net change of +13 holders.
- The largest Warner Bros buyer in Q3 2025 was Pentwater Capital Management, an estimated $369M added.
- The largest Warner Bros seller in Q3 2025 was Manulife (Manufacturers Life Insurance), an estimated $300M sold.
Based on aggregated 13F filings for Q3 2025.