Warner Bros
1,317 hedge funds and large institutions have $51.9B invested in Warner Bros in 2025 Q4 according to their latest regulatory filings, with 316 funds opening new positions, 416 increasing their positions, 402 reducing their positions, and 130 closing their positions.
143% more first-time investments, than exits
New positions opened: 316 | Existing positions closed: 130
56% more capital invested
Capital invested by funds: $33.4B → $51.9B (+$18.5B)
49% more funds holding in top 10
Funds holding in top 10: 37 → 55 (+18)
14% more funds holding
Funds holding: 1,154 → 1,317 (+163)
3.62% more ownership
Funds ownership: 69.06% → 72.68% (+3.6%)
7% more call options, than puts
Call options by funds: $2.73B | Put options by funds: $2.54B
3% more repeat investments, than reductions
Existing positions increased: 416 | Existing positions reduced: 402
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.07B |
| 2 |
Goldman Sachs
New York
|
+$838M |
| 3 |
Millennium Management
New York
|
+$483M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$444M |
| 5 |
BlackRock
New York
|
+$216M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$685M |
| 2 |
State Street
Boston,
Massachusetts
|
-$637M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$400M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$358M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$313M |
WBD Hedge Fund Activity: Q4 2025 in Review
1,317 of the 8,264 institutional investors tracked by Wall St. Rank reported a position in Warner Bros (WBD) for Q4 2025, worth a combined $51.9B — up 56% from $33.4B a quarter earlier.
Buyers outnumbered sellers: 316 funds opened new WBD positions and 130 closed out — a net gain of 186 holders — while 416 added to existing stakes and 402 trimmed.
The largest buyer was Invesco, adding an estimated $1.07B. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $685M sold.
- 1,317 institutional investors held Warner Bros (WBD) as of Q4 2025, up from 1,154 in Q3 2025.
- Funds reported $51.9B of Warner Bros stock for Q4 2025, up 56% quarter-over-quarter.
- 316 funds opened new Warner Bros positions in Q4 2025 and 130 closed out, a net change of +186 holders.
- The largest Warner Bros buyer in Q4 2025 was Invesco, an estimated $1.07B added.
- The largest Warner Bros seller in Q4 2025 was Jericho Capital Asset Management, an estimated $685M sold.
Based on aggregated 13F filings for Q4 2025.