Who owns Warner Music Group (WMG)
Which tracked institutional funds hold WMG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WMG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
92 tracked funds added or opened WMG while 66 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
WMG’s largest tracked holder by dollar value, Independent Franchise Partners LLP, sizes it at 2.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in WMG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 311 tracked filers holding WMG, 181 increased or opened the position and 179 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in WMG between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- BALYASNY ASSET MANAGEMENT L.P.$22M
- SEGALL BRYANT & HAMILL, LLC$14M
- Beck Bode, LLC$14M
- Marathon Asset Management Ltd$12M
- Assenagon Asset Management S.A.$7M
- Corient Private Wealth LP$6M
Full exits 37
- Thrivent Financial for Lutherans$93M
- HRT FINANCIAL LP$15M
- Ilex Capital Partners (UK) LLP$10M
- Mawer Investment Management Ltd.$9M
- HighTower Advisors, LLC$7M
- JUPITER ASSET MANAGEMENT LTD$3M
Largest adds
- BlackRock, Inc.$112M
- GOLDMAN SACHS GROUP INC$92M
- FMR LLC$60M
- Qube Research & Technologies Ltd$45M
- Walleye Capital LLC$24M
- JANE STREET GROUP, LLC$21M
Largest trims
- CITADEL ADVISORS LLC$53M
- MILLENNIUM MANAGEMENT LLC$43M
- JPMORGAN CHASE & CO$33M
- WESTWOOD HOLDINGS GROUP INC$21M
- Covalis Capital LLP$14M
- Artisan Partners Limited Partnership$12M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Independent Franchise Partners LLP trimmed | 12,997,804 | $352M | 8.7% | 2026-Q2 |
| Darsana Capital Partners LP added | 11,943,199 | $323M | 8.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 11,188,756 | $298M | 7.3% | 2026-Q2 |
| BlackRock, Inc. added | 10,209,746 | $276M | 6.8% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed | 8,909,122 | $241M | 5.9% | 2026-Q2 |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP trimmed | 6,705,884 | $182M | 4.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 6,221,543 | $168M | 4.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 5,885,298 | $159M | 3.9% | 2026-Q2 |
| FIL Ltd trimmed | 5,827,313 | $158M | 3.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 4,977,489 | $135M | 3.3% | 2026-Q2 |
| COOKE & BIELER LP trimmed | 4,620,824 | $125M | 3.1% | 2026-Q2 |
| STATE STREET CORP added | 2,701,899 | $73M | 1.8% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,544,216 | $69M | 1.7% | 2026-Q2 |
| FMR LLC added | 2,515,422 | $68M | 1.7% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 2,436,958 | $65M | 1.6% | 2026-Q2 |
| MORGAN STANLEY added | 2,408,509 | $65M | 1.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 2,213,818 | $60M | 1.5% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 1,912,689 | $52M | 1.3% | 2026-Q2 |
| UBS Group AG trimmed | 1,892,477 | $51M | 1.3% | 2026-Q2 |
| DigitalBridge Group, Inc. added | 1,778,671 | $48M | 1.2% | 2026-Q2 |
| HARRIS ASSOCIATES L P added | 1,611,030 | $44M | 1.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 1,606,010 | $43M | 1.1% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 1,603,556 | $43M | 1.1% | 2026-Q2 |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC trimmed | 1,543,876 | $42M | 1.0% | 2026-Q2 |
| Ardmore Road Asset Management LP added | 1,325,000 | $36M | 0.9% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,297,535 | $35M | 0.9% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,260,118 | $34M | 0.8% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,186,600 | $32M | 0.8% | 2026-Q2 |
| NORGES BANK | 1,155,828 | $31M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,123,089 | $30M | 0.7% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,065,377 | $29M | 0.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,031,138 | $28M | 0.7% | 2026-Q2 |
| Walleye Capital LLC added | 984,308 | $27M | 0.7% | 2026-Q2 |
| Artisan Partners Limited Partnership trimmed | 951,841 | $26M | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 930,130 | $25M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 904,047 | $24M | 0.6% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 811,138 | $22M | 0.5% | 2026-Q2 |
| Perpetual Ltd added | 800,733 | $22M | 0.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 767,354 | $21M | 0.5% | 2026-Q2 |
| NORTHERN TRUST CORP added | 734,199 | $20M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 729,099 | $20M | 0.5% | 2026-Q2 |
| ASSETMARK, INC added | 711,757 | $19M | 0.5% | 2026-Q2 |
| Trexquant Investment LP added | 627,180 | $17M | 0.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 623,025 | $17M | 0.4% | 2026-Q2 |
| Candriam S.C.A. added | 590,553 | $16M | 0.4% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 585,685 | $16M | 0.4% | 2026-Q2 |
| Tidal Investments LLC added | 580,609 | $16M | 0.4% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 579,866 | $16M | 0.4% | 2026-Q2 |
| CLARK ESTATES INC/NY trimmed | 535,000 | $14M | 0.4% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC new | 533,845 | $14M | 0.4% | 2026-Q2 |
| Beck Bode, LLC new | 525,888 | $14M | 0.4% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 518,312 | $14M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 514,764 | $14M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 506,984 | $14M | 0.3% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 465,921 | $13M | 0.3% | 2026-Q2 |
| ING GROEP NV | 460,000 | $12M | 0.3% | 2026-Q2 |
| Marathon Asset Management Ltd new | 454,281 | $12M | 0.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 402,534 | $10M | 0.3% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 379,337 | $10M | 0.3% | 2026-Q2 |
| RBO & CO LLC trimmed | 365,945 | $10M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 352,619 | $10M | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 283,288 | $8M | 0.2% | 2026-Q2 |
| Boston Partners added | 281,790 | $8M | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 276,788 | $7M | 0.2% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 266,620 | $7M | 0.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 266,317 | $7M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 256,396 | $7M | 0.2% | 2026-Q2 |
| River Road Asset Management, LLC trimmed | 253,707 | $7M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 238,519 | $6M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP added | 237,767 | $6M | 0.2% | 2026-Q2 |
| Joel Isaacson & Co., LLC trimmed | 237,650 | $6M | 0.2% | 2026-Q2 |
| Covalis Capital LLP trimmed | 213,949 | $6M | 0.1% | 2026-Q2 |
| Dana Investment Advisors, Inc. added | 210,015 | $6M | 0.1% | 2026-Q2 |
| Partners Group Holding AG added | 185,173 | $5M | 0.1% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | 184,000 | $5M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 182,434 | $5M | 0.1% | 2026-Q2 |
| HAHN CAPITAL MANAGEMENT LLC trimmed | 181,134 | $5M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP added | 174,821 | $5M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 171,427 | $5M | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC trimmed | 164,610 | $4M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 162,742 | $4M | 0.1% | 2026-Q2 |
| Verition Fund Management LLC added | 160,000 | $4M | 0.1% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 159,258 | $4M | 0.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 153,152 | $4M | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 149,769 | $4M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 148,204 | $4M | 0.1% | 2026-Q2 |
| HOHIMER WEALTH MANAGEMENT, LLC added | 143,533 | $4M | 0.1% | 2026-Q2 |
| OMERS ADMINISTRATION Corp new | 141,158 | $4M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 129,099 | $3M | 0.1% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 128,125 | $3M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 113,555 | $3M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 109,689 | $3M | 0.1% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. new | 104,421 | $3M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 103,432 | $3M | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP added | 103,176 | $3M | 0.1% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 86,115 | $2M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 83,360 | $2M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 81,474 | $2M | 0.1% | 2026-Q2 |
| TWINBEECH CAPITAL LP added | 81,011 | $2M | 0.1% | 2026-Q2 |
| III Capital Management new | 79,000 | $2M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.