Stocklore

Warner Bros. Discovery, Inc. (WBD)

Media · US stock

What changed in recent filings

  • Institutions — 2 new · 7 added · 1 reduced13F · as of end of 2026 Q2

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Warner Bros. Discovery, Inc. recent earnings releases

Based on SEC filings. The release date is the day the earnings filing (8-K) was accepted; for quarters where that filing was not found, the periodic report filing date is shown.

  • 26Q2Released Aug 6, 2026
    Revenue -11.2% YoY · EPS $0.06
    Released before the open: Aug 5 close → Aug 6 close, the stock moved +1.7% · over the same window, market -0.2% · sector +1.7%
  • 26Q1Released May 6, 2026
    Revenue -1.0% YoY · EPS $-1.17
    Released after the close: May 6 close → May 7 close, the stock moved -0.3% · over the same window, market -0.3% · sector +0.0%
  • 25Q4Released Feb 26, 2026
    Revenue -5.7% YoY · EPS $-0.10
    Released before the open: Feb 25 close → Feb 26 close, the stock moved -0.3% · over the same window, market -0.6% · sector +2.4%
  • 25Q3Released Nov 6, 2025
    Revenue -6.0% YoY · EPS $-0.06
    Released before the open: Nov 5 close → Nov 6 close, the stock moved -1.5% · over the same window, market -1.1% · sector -0.8%

The next earnings release is estimated around Nov 5, 2026 (calculated from how long this company has taken between quarter end and filing; it is not a date announced by the company).

Institutions holding Warner Bros. Discovery, Inc.

How many of the institutions we track reported holding this stock, quarter by quarter.

max 11
2022 Q1 · 12022 Q2 · 112022 Q3 · 62022 Q4 · 72023 Q1 · 62023 Q2 · 82023 Q3 · 62023 Q4 · 62024 Q1 · 72024 Q2 · 32024 Q3 · 42024 Q4 · 62025 Q1 · 42025 Q2 · 72025 Q3 · 32025 Q4 · 82026 Q1 · 92026 Q2 · 10
22 Q124 Q126 Q2

2022 Q1: 1 → 2026 Q2: 10 institutions

Counts the 52 institutions we track that reported holding this stock — their full reported holdings, not just the largest positions. Not the total number of institutional holders in the US. Figures are as of quarter-end and disclosed up to 45 days later. Descriptive only — not investment advice.

Which institutions hold Warner Bros. Discovery, Inc.

Institutions we track that reported holding this stock in their most recent 13F.

  • National Pension Service (Korea)0.12% of portfolio · since 2022 Q2
  • Harris Associates (Oakmark)0.17% of portfolio · since 2022 Q3
  • Point72 Asset Management0.03% of portfolio · since 2025 Q3
  • Soros Fund Management0.49% of portfolio · since 2025 Q4
  • Blackstoneunder 0.01% of portfolio · since 2025 Q4
  • Moore Capital Management0.12% of portfolio · since 2025 Q4
  • Tudor Investment Corp0.27% of portfolio · since 2026 Q1
  • Caisse de depot (Quebec)0.02% of portfolio · since 2026 Q1
  • Greenlight CapitalNew this quarter1.53% of portfolio · since 2026 Q2
  • Third Point LLCNew this quarter11.39% of portfolio · since 2026 Q2

Based on 13F filings — quarter-end holdings, disclosed up to 45 days later. Holding a stock is a fact we report, not a recommendation to buy or sell.

Q2 2026 13F recap — stocks several institutions bought and sold together →

Company overview

Warner Bros. Discovery, Inc. is a global media and entertainment company that creates, produces, and distributes content across television, film, streaming, and gaming. The company operates a broad portfolio of brands and services, including premium streaming platforms, cable networks, news programming, sports content, and film and television studios. Its business segments span streaming and studios as well as linear networks, supporting a wide range of audiences through entertainment, lifestyle, factual, kids, and sports offerings. Warner Bros. Discovery also extends into consumer products, licensing, publishing, and themed experiences, making it a diversified content provider with a significant role in global media distribution and franchise development. Headquartered in New York City, Warner Bros. Discovery serves households, advertisers, distributors, and commercial partners through its portfolio of well-known entertainment brands.

What is the Media sector?

Streaming, entertainment, and ads. Subscriber growth is the key metric.

Warner Bros. Discovery, Inc. is classified under the Media sector. See peers below.

Warner Bros. Discovery, Inc. key financials

Based on SEC filings · as of Jun 30, 2026

Tap a metric name to see its meaning in the glossary.

Warner Bros. Discovery, Inc. vs Media sector benchmark

Median of 13 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
-6.1%vs benchmark 11.6%↓ below
Operating margin
2.7%vs benchmark 8.9%↓ below
Net margin
-8.8%vs benchmark 6.8%↓ below
ROE
2.1%vs benchmark 7.3%↓ below

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

WBD segment revenue mix trend

Quarterly change in segment revenue share · verified from SEC filings

Dec '24Dec '25
United States 67%Non-U.S. 33%

ETFs holding Warner Bros. Discovery, Inc.

Per SEC N-PORT · 2026-06-30 · by weight · factual

XLCState Street(R) Communication Services Select Sector SPDR(R) ETF
4.67%
QQQMInvesco NASDAQ 100 ETF
0.29%
QQQInvesco QQQ Trust, Series 1
0.29%
VTVVANGUARD VALUE INDEX FUND
0.24%
RSPInvesco S&P 500 Equal Weight ETF
0.19%
SPY
0.10%
VOOVANGUARD 500 INDEX FUND
0.10%
IVViShares Core S&P 500 ETF
0.10%
ITOTiShares Core S&P Total U.S. Stock Market ETF
0.09%
VTIVANGUARD TOTAL STOCK MARKET INDEX FUND
0.09%

WBD on Stocklore

  • Revenue by segment — segment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality — 6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdings — holdings and weight changes of major institutions (45-day delay)
  • Sector-relative metrics — Valuation and growth compared with the Media average
See full WBD analysis →

Peers · Media

WBD FAQ

What is Warner Bros. Discovery, Inc. (WBD)?

Warner Bros. Discovery, Inc. is a global media and entertainment company that creates, produces, and distributes content across television, film, streaming, and gaming. The company operates a broad portfolio of brands and services, including premium streaming platforms, cable networks, news programming, sports content, and film and television studios. Its business segments span streaming and studios as well as linear networks, supporting a wide range of audiences through entertainment, lifestyle, factual, kids, and sports offerings. Warner Bros. Discovery also extends into consumer products, licensing, publishing, and themed experiences, making it a diversified content provider with a significant role in global media distribution and franchise development. Headquartered in New York City, Warner Bros. Discovery serves households, advertisers, distributors, and commercial partners through its portfolio of well-known entertainment brands.

What sector is Warner Bros. Discovery, Inc. in?

Warner Bros. Discovery, Inc. is classified under Media. Streaming, entertainment, and ads. Subscriber growth is the key metric.

What are Warner Bros. Discovery, Inc.'s key financials?

As of Jun 30, 2026 in SEC filings: Revenue growth (YoY) -6.1%, Operating margin 2.7%, Net margin -8.8%, ROE 2.1%, Debt-to-equity 0.98x. Definitions and interpretation are available on Stocklore.

Where can I analyze Warner Bros. Discovery, Inc. (WBD) stock?

On Stocklore you can see WBD's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

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