L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 29 Oct 2025
Managers listing it
19
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 7 listed it in both
Shares listed
219,888,539
combined, among listed positions
Reported value
$4.3bn
combined, at the quarter end

Among the 95 comparable managers: 11 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing WBD in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

19 of 19 holders

ActionFiling
Harris Associates LP95,960,593$1.9bn3.00%Trimmed-12,965,49214 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)41,218,389$805munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Invesco Ltd35,719,966$698m0.11%Trimmed-8,854,52613 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC7,852,367$153m0.11%Addedn.a.27 Oct 2026 (the filing on sec.gov)
D. E. Shaw & Co.6,128,665$120m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP5,127,260$100m0.10%Newnew13 Nov 2025 (the filing on sec.gov)
Millennium Management LLC4,935,725$96munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Sachem Head Capital Management LP3,860,000$75m2.13%Newnew14 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC3,583,830$70m0.29%Addedn.a.14 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc2,967,519$58m0.56%Trimmed-185,81612 Nov 2025 (the filing on sec.gov)
MFS Investment Management2,433,786$48munder 0.1%Trimmedn.a.29 Oct 2025 (the filing on sec.gov)
Balyasny Asset Management LLC2,278,057$44m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC2,177,400$43m0.06%Newnew13 Nov 2025 (the filing on sec.gov)
Woodline Partners LP2,092,343$41m0.19%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Man Group PLC1,735,947$34m0.06%Trimmed-1,161,43414 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC645,068$13m0.07%Trimmed-1,195,96614 Nov 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP509,772$10.0m0.10%Trimmed-1,357,74514 Nov 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP458,385$9.0munder 0.1%Trimmed-605,59614 Nov 2025 (the filing on sec.gov)
Caxton Associates LLP203,467$4.0m0.09%Newnew17 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
7 in Q3 2024 to 26 in Q2 2026

Tracked managers listing it, at least.

010203020222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
WBD by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20221$2.7mn.a.n.a.
Q2 202224$1.6bnn.a.n.a.
Q3 202214$1.8bnn.a.n.a.
Q4 202211$1.4bnn.a.n.a.
Q1 202317$2.5bnn.a.n.a.
Q2 202315$1.9bnn.a.n.a.
Q3 202313$1.8bnn.a.n.a.
Q4 202311$1.8bn83
Q1 202413$1.6bn104
Q2 20249$1.3bn47
Q3 20247$1.3bn45
Q4 202410$1.7bn84
Q1 20257$1.7bn52
Q2 202511$2.2bn111
Q3 202519$4.3bn1110
Q4 202527$8.6bn2712
Q1 202627$9.3bn2118
Q2 202626$10.5bn299

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

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How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own WBD, latest filings →Back to the 13F Explorer →