Ranked by reported Q2 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 | $351.9M | -0.3% | 2.491% | 2.31% |
| 2 | Darsana Capital Partners LP | 11.9M | $323.3M | +0.8% | 2.289% | 1.45% |
| 3 | JPMORGAN CHASE & CO | 11.2M | $297.7M | -18.4% | 2.144% | 0.02% |
| 4 | BlackRock, Inc. | 10.2M | $276.4M | +5.7% | 1.956% | 0.00% |
| 5 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 8.9M | $241.2M | -3.8% | 1.707% | 0.73% |
| 6 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | 6.7M | $181.5M | -11.2% | 1.285% | 8.01% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 6.2M | $168.4M | -0.3% | 1.192% | 0.00% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9M | $159.3M | -0.1% | 1.128% | 0.01% |
| 9 | FIL Ltd | 5.8M | $157.7M | -0.8% | 1.117% | 0.11% |
| 10 | JANE STREET GROUP, LLC | 5.8M | $156.6M | +408.5% | 1.109% | 0.01% |
| 11 | GOLDMAN SACHS GROUP INC | 5.3M | $144.3M | +162.1% | 1.022% | 0.01% |
| 12 | COOKE & BIELER LP | 4.6M | $125.1M | -3.1% | 0.885% | 1.45% |
| 13 | STATE STREET CORP | 2.7M | $73.1M | +1.4% | 0.518% | 0.00% |
| 14 | Qube Research & Technologies Ltd | 2.5M | $68.9M | +171.3% | 0.487% | 0.06% |
| 15 | FMR LLC | 2.5M | $68.1M | +524.6% | 0.482% | 0.00% |
| 16 | MORGAN STANLEY | 2.4M | $65.2M | +6.6% | 0.462% | 0.00% |
| 17 | AQR CAPITAL MANAGEMENT LLC | 2.4M | $64.5M | -4.1% | 0.467% | 0.02% |
| 18 | GEODE CAPITAL MANAGEMENT, LLC | 2.2M | $60.0M | -0.2% | 0.424% | 0.00% |
| 19 | Point72 Asset Management, L.P. | 1.9M | $51.8M | -23.2% | 0.366% | 0.06% |
| 20 | UBS Group AG | 1.9M | $51.2M | -5.8% | 0.363% | 0.01% |
| 21 | DigitalBridge Group, Inc. | 1.8M | $48.1M | +14.6% | 0.341% | 2.88% |
| 22 | HARRIS ASSOCIATES L P | 1.6M | $43.6M | +0.0% | 0.309% | 0.06% |
| 23 | MILLENNIUM MANAGEMENT LLC | 1.6M | $43.5M | -52.5% | 0.308% | 0.02% |
| 24 | WESTWOOD HOLDINGS GROUP INC | 1.6M | $43.4M | -36.9% | 0.307% | 0.33% |
| 25 | FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC | 1.5M | $41.8M | -3.4% | 0.296% | 2.21% |
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 Q2 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 |
|---|---|---|---|---|---|---|
| Q2 2026 | 340 | +6.9% | 31.44% | +1.54 pp | $4.29B | +12% |
| Q1 2026 | 318 | +6.4% | 29.90% | +0.75 pp | $3.84B | 15% |
| Q4 2025 | 299 | +1.4% | 29.15% | 0.38 pp | $4.53B | 12% |
| Q3 2025 | 295 | +16% | 29.53% | +0.95 pp | $5.15B | +27% |
| Q2 2025 | 255 | 3.8% | 28.58% | +0.25 pp | $4.04B | 27% |
| Q1 2025 | 265 | +3.9% | 28.33% | 0.05 pp | $5.56B | +26% |
| Q4 2024 | 255 | 1.9% | 28.38% | 0.72 pp | $4.40B | 17% |
| Q3 2024 | 260 | — | 29.10% | — | $5.29B | — |
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 Q2 2026 13F filings, institutional ownership of Warner Music Group Corp. stands at 31.4%, held across 340 reporting institutions.
Independent Franchise Partners LLP is the largest reported institutional holder of WMG, with approximately 12,997,804 shares worth $0.35B as of Q2 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of WMG, including JANE STREET GROUP, LLC, Point72 Asset Management, L.P., MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for WMG is 73 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
72 institutions opened new positions in WMG during Q2 2026, while 55 fully exited. 189 added to existing positions and 68 trimmed.
WMG institutional ownership rose by 1.54 percentage points quarter-over-quarter, with a net change of +22 holders.
The top 10 institutions account for 54.0% of all reported 13F value in WMG, and the top 25 account for 77.2%.
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