WBD Warner Bros. Discovery, Inc.

NASDAQ
$28.04

Warner Bros. Discovery, Inc. (WBD) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+35.59
40 buyers / 19 sellers
STRONG BUYING
Funds compared
60
funds with comparable WBD positions
56 current holders · 52 prior-quarter holders
Net share change
+88.81M
+116.70M added, -27.89M cut
Position activity
8 new 32 increased 15 reduced 4 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
Third Point Activist Event New +20.00M $533.2M 11.7% 100
Readystate Asset Management Long/Short Increased +2.19M +132.1% $58.4M 7.1% 74
Senator Investment Group Event Reduced -3.03M -99.3% $80.8M 0.0% 74
LMR Partners Event Quant Increased +6.23M +91.4% $166.0M 4.2% 74
Highbridge Capital Management Event Macro Increased +730.2K +134.4% $19.5M 4.0% 72
Greenlight Capital Event Long/Short New +2.25M $59.9M 1.5% 70
D. E. Shaw & Co., Inc. Quant Increased +25.86M +173.7% $689.5M 0.7% 67
Capstone Investment Advisors Quant Macro Reduced -6.80M -66.6% $181.3M 1.1% 66
HBK Investments Event Increased +2.60M +15.9% $69.4M 6.5% 62
Tremblant Capital Group Long/Short Growth Sold Out -491.2K -100.0% $13.1M 0.0% 62

Most significant buyers

By move score, not size.

  • Third Point New · +20.00M
  • Readystate Asset Management Increased · +2.19M
  • LMR Partners Increased · +6.23M
  • Highbridge Capital Management Increased · +730.2K
  • Greenlight Capital New · +2.25M

Most significant sellers

By move score, not size.

  • Senator Investment Group Reduced · -3.03M
  • Capstone Investment Advisors Reduced · -6.80M
  • Tremblant Capital Group Sold Out · -491.2K
  • Bridgewater Associates Sold Out · -10.9K
  • Pentwater Capital Management Reduced · -2.67M

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
Third Point 1 20.0M 0 +20.00M 11.7% New 100
Readystate Asset Management 3 3.9M 1.7M +2.19M +132.1% 7.1% Increased 74
Senator Investment Group 2 20.1K 3.0M -3.03M -99.3% 0.0% Reduced 74
LMR Partners 3 13.0M 6.8M +6.23M +91.4% 4.2% Increased 74
Highbridge Capital Management 2 1.3M 543.3K +730.2K +134.4% 4.0% Increased 72
Greenlight Capital 2 2.2M 0 +2.25M 1.5% New 70
D. E. Shaw & Co., Inc. 1 40.8M 14.9M +25.86M +173.7% 0.7% Increased 67
Capstone Investment Advisors 3 3.4M 10.2M -6.80M -66.6% 1.1% Reduced 66
HBK Investments 1 19.0M 16.4M +2.60M +15.9% 6.5% Increased 62
Tremblant Capital Group 2 0 491.2K -491.2K -100.0% 0.0% Sold Out 62
Capula Management 2 3.1M 1.2M +1.91M +154.7% 1.2% Increased 61
Bridgewater Associates 1 0 10.9K -10.9K -100.0% 0.0% Sold Out 61
TWO SIGMA INVESTMENTS, LP 2 977.1K 0 +977.1K 0.0% New 61
Pentwater Capital Management 1 47.6M 50.2M -2.67M -5.3% 10.1% Reduced 60
Alyeska Investment Group, L.P. 2 391.3K 0 +391.3K 0.0% New 60
Cinctive Capital Management 3 0 694.6K -694.6K -100.0% 0.0% Sold Out 60
TIG Advisors 3 2.5M 3.6M -1.08M -30.2% 4.2% Reduced 59
Caxton Associates 3 19.4M 16.4M +3.03M +18.5% 9.7% Increased 57
Quinn Opportunity Partners 4 1.7M 534.9K +1.16M +215.9% 2.1% Increased 57
Sessa Capital 2 30.2M 32.0M -1.80M -5.6% 14.3% Reduced 57
Holocene Advisors, LP 2 13.1K 0 +13.1K 0.0% New 56
Point72 Asset Management, L.P. 1 925.0K 485.8K +439.2K +90.4% 0.0% Increased 55
MARSHALL WACE, LLP 2 5.8M 3.1M +2.73M +88.9% 0.2% Increased 54
CITADEL ADVISORS LLC 1 44.6M 29.4M +15.21M +51.8% 0.8% Increased 54
Voleon Capital Management 3 0 85.6K -85.6K -100.0% 0.0% Sold Out 53
Armistice Capital 3 10.8K 0 +10.8K 0.0% New 53
Edgestream Partners 4 256.4K 0 +256.4K 0.2% New 52
Sona Asset Management 3 5.5M 5.9M -441.1K -7.4% 11.2% Reduced 52
Schonfeld Strategic Advisors 3 1.6M 531.0K +1.03M +193.3% 0.3% Increased 50
MILLENNIUM MANAGEMENT LLC 2 57.7M 43.9M +13.72M +31.2% 1.2% Increased 50
Balyasny Asset Management L.P. 2 16.5M 25.1M -8.60M -34.3% 0.9% Reduced 50
Graham Capital Management 3 23.8K 0 +23.8K 0.0% New 49
Empyrean Capital Partners 2 1.8M 2.6M -799.9K -31.0% 2.0% Reduced 49
RENAISSANCE TECHNOLOGIES LLC 1 6.1M 3.8M +2.24M +58.1% 0.2% Increased 49
AQR Capital Management 3 1.6M 482.7K +1.07M +221.9% 0.0% Increased 49
Centiva Capital 4 2.0M 1.3M +653.6K +50.1% 2.6% Increased 47
Gotham Asset Management, LLC 2 1.2M 719.1K +520.7K +72.4% 0.1% Increased 46
Qube Research & Technologies Ltd 2 21.7M 15.3M +6.40M +41.7% 0.7% Increased 46
Whitebox Advisors 2 1.5M 1.6M -90.0K -5.6% 2.1% Reduced 43
Polar Asset Management Partners 3 891.0K 575.2K +315.9K +54.9% 0.9% Increased 42
ExodusPoint Capital Management 3 2.3M 1.5M +798.3K +53.0% 0.6% Increased 41
Verition Fund Management 2 9.0M 8.6M +416.8K +4.8% 2.3% Increased 41
Quantbot Technologies 4 15.1K 216.7K -201.6K -93.0% 0.0% Reduced 41
Ghisallo Capital Management 2 106.0K 180.0K -74.0K -41.1% 0.1% Reduced 37
Squarepoint Ops LLC 2 4.4M 3.4M +971.3K +28.3% 0.3% Increased 36
Jain Global 3 17.9K 42.1K -24.2K -57.6% 0.0% Reduced 35
Hudson Bay Capital Management 3 5.6M 4.8M +797.8K +16.6% 0.8% Increased 35
Lighthouse Investment Partners 3 737.5K 539.8K +197.7K +36.6% 0.6% Increased 34
Brevan Howard Capital Management 3 460.7K 308.4K +152.4K +49.4% 0.2% Increased 34
Moore Capital Management 3 300.0K 220.0K +80.0K +36.4% 0.2% Increased 34
Magnetar Capital 2 2.7M 3.0M -269.2K -8.9% 0.9% Reduced 33
Walleye Capital 3 353.4K 249.6K +103.8K +41.6% 0.1% Increased 33
ADAGE CAPITAL PARTNERS GP, L.L.C. 2 5.7M 6.4M -683.0K -10.6% 0.2% Reduced 33
Woodline Partners LP 2 1.4M 1.1M +309.0K +28.0% 0.1% Increased 33
Boothbay Fund Management 4 742.2K 535.5K +206.7K +38.6% 0.4% Increased 31
Tudor Investment Corporation 2 7.3M 7.1M +231.0K +3.3% 0.9% Increased 31
Man Group 3 4.6M 4.1M +486.9K +11.9% 0.2% Increased 29
Wolverine Asset Management 2 177.0K 175.0K +2.1K +1.2% 0.3% Increased 25
Engineers Gate 4 189.2K 228.3K -39.2K -17.1% 0.1% Reduced 24
XN 1 2.1M 2.1M 0 +0.0% 1.5% Unchanged 33

Every fund above opens. Subscribers can see any manager's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.