Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in WMG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Independent Franchise Partners LLP | 13.0M | $332.9M | -0.5% | 2.498% | 2.33% |
| 2 | Darsana Capital Partners LP | 11.8M | $302.6M | +48.1% | 2.271% | 6.44% |
| 3 | BlackRock, Inc. | 9.7M | $246.7M | +1.5% | 1.851% | 0.00% |
| 4 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 9.3M | $236.5M | +17.9% | 1.775% | 0.78% |
| 5 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | 7.6M | $192.9M | +13.5% | 1.447% | 8.67% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 6.2M | $159.3M | — | 1.196% | 0.00% |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9M | $150.5M | — | 1.129% | 0.01% |
| 8 | FIL Ltd | 5.9M | $150.0M | -0.1% | 1.125% | 0.12% |
| 9 | COOKE & BIELER LP | 4.8M | $121.8M | -9.0% | 0.914% | 1.38% |
| 10 | CITADEL ADVISORS LLC | 3.5M | $90.4M | +30.5% | 0.678% | 0.04% |
| 11 | MILLENNIUM MANAGEMENT LLC | 3.4M | $86.3M | -13.1% | 0.647% | 0.06% |
| 12 | STATE STREET CORP | 2.7M | $68.0M | +4.1% | 0.511% | 0.00% |
| 13 | WESTWOOD HOLDINGS GROUP INC | 2.5M | $64.9M | +200.9% | 0.487% | 0.47% |
| 14 | Point72 Asset Management, L.P. | 2.5M | $63.6M | -25.2% | 0.477% | 0.09% |
| 15 | AQR CAPITAL MANAGEMENT LLC | 2.5M | $63.2M | +245.7% | 0.487% | 0.03% |
| 16 | MORGAN STANLEY | 2.3M | $57.7M | +47.3% | 0.433% | 0.00% |
| 17 | GEODE CAPITAL MANAGEMENT, LLC | 2.2M | $56.7M | +0.5% | 0.425% | 0.00% |
| 18 | GOLDMAN SACHS GROUP INC | 2.0M | $51.9M | +0.9% | 0.390% | 0.01% |
| 19 | UBS Group AG | 2.0M | $51.3M | -37.4% | 0.385% | 0.01% |
| 20 | HARRIS ASSOCIATES L P | 1.6M | $41.1M | -2.5% | 0.309% | 0.05% |
| 21 | FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC | 1.6M | $40.8M | -4.0% | 0.306% | 2.22% |
| 22 | DigitalBridge Group, Inc. | 1.6M | $39.7M | +20.1% | 0.298% | 2.51% |
| 23 | RENAISSANCE TECHNOLOGIES LLC | 1.5M | $38.9M | +88.3% | 0.292% | 0.06% |
| 24 | Artisan Partners Limited Partnership | 1.5M | $37.7M | +17.8% | 0.283% | 0.06% |
| 25 | Bank of New York Mellon Corp | 1.3M | $32.6M | +1.3% | 0.244% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in WMG — a direct measure of their conviction.
Filings activity in WMG during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 309 | +3.7% | 23.31% | 7.18 pp | $3.46B | 24% |
| Q4 2025 | 298 | +2.1% | 30.49% | 4.14 pp | $4.53B | 12% |
| Q3 2025 | 292 | +15% | 34.63% | +7.39 pp | $5.14B | +27% |
| Q2 2025 | 255 | 3.8% | 27.24% | 10.18 pp | $4.04B | 27% |
| Q1 2025 | 265 | +3.9% | 37.42% | +7.79 pp | $5.56B | +26% |
| Q4 2024 | 255 | 1.9% | 29.63% | 6.02 pp | $4.40B | 17% |
| Q3 2024 | 260 | +4.0% | 35.65% | +8.55 pp | $5.29B | +32% |
| Q2 2024 | 250 | — | 27.10% | — | $4.02B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying WMG stock.
Based on Q1 2026 13F filings, institutional ownership of Warner Music Group Corp. stands at 23.3%, held across 309 reporting institutions.
Independent Franchise Partners LLP is the largest reported institutional holder of WMG, with approximately 13,034,254 shares worth $0.33B as of Q1 2026.
Yes — 4 widely-followed marquee investors appear among the top 25 institutional holders of WMG, including CITADEL ADVISORS LLC, MILLENNIUM MANAGEMENT LLC, Point72 Asset Management, L.P., RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for WMG is 52 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
65 institutions opened new positions in WMG during Q1 2026, while 54 fully exited. 77 added to existing positions and 166 trimmed.
WMG institutional ownership fell by 7.18 percentage points quarter-over-quarter, with a net change of +11 holders.
The top 10 institutions account for 57.3% of all reported 13F value in WMG, and the top 25 account for 80.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Warner Music Group Corp. (WMG) Institutional Ownership