Portfolio manager	Activity	Share change	% portfolio
Joel GreenblattElite Gotham Asset Management	Add 222%	+1.07M	0.00%
Lee AinslieElite Maverick Capital	Buy (new)	+20.00M	11.40%
Prem Watsa Fairfax Financial	Add 41.00%	+24K	0.10%

Q1 2026(1 move)

Portfolio manager	Activity	Share change	% portfolio
Prem Watsa Fairfax Financial	Buy (new)	+58K	0.10%

Q4 2025(2 moves)

Portfolio manager	Activity	Share change	% portfolio
Seth KlarmanTier 1 Baupost Group Continued Warner Bros. profit-taking.	Reduce 12.00%	-7.20M	10.20%
Joel GreenblattElite Gotham Asset Management	Reduce 9.00%	-48K	0.00%

Q3 2025(3 moves)

Portfolio manager	Activity	Share change	% portfolio
Seth KlarmanTier 1 Baupost Group Taking Warner Bros. profits.	Reduce 15.00%	-10.80M	11.80%
Stanley DruckenmillerTier 1 Duquesne Family Office	Sell (exit)	-6.54M	0.00%
Joel GreenblattElite Gotham Asset Management	Reduce 18.00%	-112K	0.00%

Q2 2025(3 moves)

Portfolio manager	Activity	Share change	% portfolio
Stanley DruckenmillerTier 1 Duquesne Family Office	Buy (new)	+6.54M	1.80%
Seth KlarmanTier 1 Baupost Group Starting the Warner Bros. exit.	Reduce 10.00%	-7.00M	13.00%
Joel GreenblattElite Gotham Asset Management	Reduce 41.00%	-438K	0.00%

Q1 2025(2 moves)

Portfolio manager	Activity	Share change	% portfolio
Joel GreenblattElite Gotham Asset Management	Add 37.00%	+288K	0.00%
Stanley DruckenmillerTier 1 Duquesne Family Office	Sell (exit)	-4.66M	0.00%

Q4 2024(3 moves)

Portfolio manager	Activity	Share change	% portfolio
Stanley DruckenmillerTier 1 Duquesne Family Office	Buy (new)	+4.66M	1.30%
Seth KlarmanTier 1 Baupost Group Small Warner Bros trim.	Reduce 8.00%	-5.40M	13.50%
Joel GreenblattElite Gotham Asset Management	Reduce 31.00%	-355K	0.00%

Q3 2024(1 move)

Portfolio manager	Activity	Share change	% portfolio
Seth KlarmanTier 1 Baupost Group WBD reduction.	Reduce 10.00%	-7.00M	14.50%

Q2 2024(1 move)

Portfolio manager	Activity	Share change	% portfolio
Seth KlarmanTier 1 Baupost Group WBD reduction.	Reduce 12.00%	-8.50M	16.00%

Q1 2024(2 moves)

Portfolio manager	Activity	Share change	% portfolio
Seth KlarmanTier 1 Baupost Group WBD initial conviction.	Add 8.00%	+5.50M	18.00%
Michael Burry Scion Asset Management	Sell (exit)	-375K	0.00%

Insider activity

SEC Form 4 filings — when CEOs, CFOs, and 10%+ owners buy or sell their own stock.

Insider activity (Form 4)

0 buys · 2 sells from corporate insiders

Net: INSIDER SELLING

Insider	Action	Shares	Value	Date
Locke Lori C. Chief Accounting Officer	sell	29,115	$819K	Sep 14, 2026
FISHER RICHARD W Director	sell	6,700	$188K	Sep 11, 2026

Short interest

FINRA bi-monthly disclosure — how heavily Warner Bros. Discovery, Inc. is sold short.

See full short-interest dossier → settled 2026-04-15

Latest news

Recent headlines for WBD.

Hedge funds holding WBD

1 superinvestor hold Warner Bros. Discovery as a top position. Sorted by % of portfolio.

Manager	% Portfolio
Seth Klarman Media turnaround / streaming consolidation.	11.8%

Dividend tax by country

What will you keep of every $100 in WBD dividend?

Your country of residenceCompany is domiciled inGross dividend (example)

Withholding rate

Domestic (no cross-border)

Tax withheld

$0.00

You'd receive

$1000.00

Of $1000 gross

Source & treaty reference

Treaty: Domestic — no cross-border withholding

Citation: IRC §§ 1441–1446 (withholding applies to foreign persons; US residents not subject to WHT on US-source dividends)

U.S. residents receiving U.S.-source dividends: no cross-border withholding; taxed on return at qualified (0/15/20%) or ordinary rates.

Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.

Full dividend-tax rules for United States investors →

Get alerts when they buy or sell WBD

One email per 13F filing — you'll know within hours if any tracked manager moves on WBD.

Related smart-money signals

Derived from the same 13F filings

Same sector · Communication

Top conviction in this sector

All Communication names →

Frequently asked questions

Who owns WBD?

1 tracked superinvestors hold Warner Bros. Discovery (WBD) as a top position based on the latest SEC 13F filings. Largest tracked holder: Seth Klarman at 11.8% of portfolio. Full ranking by % of portfolio shown in the table below.

How many hedge funds hold WBD?

1 of HoldLens's tracked superinvestors hold WBD according to the latest SEC 13F filings. The sum of conviction across those holders is 12% (sum of each manager's % of portfolio in WBD).

Who is the biggest hedge-fund holder of WBD?

Among HoldLens's tracked superinvestors, Seth Klarman holds the largest WBD position at 11.8% of portfolio. Media turnaround / streaming consolidation.

What sector is WBD?

Warner Bros. Discovery (WBD) is classified as Communication. Smart-money activity, insider trades (SEC Form 4), buybacks, short interest, congressional trades, and ETF ownership for WBD are all aggregated on this page.

Data sourced from SEC 13F filings. WBD ownership reflects publicly disclosed long positions only. Not investment advice.

Deep dive

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