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-Q1 13F filings (latest filed 2026-05-18). 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
65 tracked funds added or opened WMG while 98 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes WMG more heavily than its largest holder by dollar value does.
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 2025-Q4 and 2026-Q1, across 318 tracked filers holding WMG, 201 increased or opened the position and 138 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 2025-Q4 and 2026-Q1 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 23
- VANGUARD CAPITAL MANAGEMENT LLC$159M
- VANGUARD PORTFOLIO MANAGEMENT LLC$151M
- VANGUARD FIDUCIARY TRUST CO$23M
- Boston Partners$6M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$5M
- Walleye Capital LLC$3M
Full exits 22
- VANGUARD GROUP INC$394M
- Freestone Grove Partners LP$21M
- Assenagon Asset Management S.A.$14M
- TWO SIGMA INVESTMENTS, LP$11M
- Man Group plc$7M
- Capitolis Liquid Global Markets LLC$6M
Largest adds
- Darsana Capital Partners LP$57M
- AQR CAPITAL MANAGEMENT LLC$41M
- WESTWOOD HOLDINGS GROUP INC$39M
- PRINCIPAL FINANCIAL GROUP INC$15M
- RENAISSANCE TECHNOLOGIES LLC$14M
- MORGAN STANLEY$11M
Largest trims
- JPMORGAN CHASE & CO$180M
- BlackRock, Inc.$128M
- Independent Franchise Partners LLP$69M
- UBS Group AG$47M
- FMR LLC$43M
- COOKE & BIELER LP$39M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Independent Franchise Partners LLP trimmed | 13,034,254 | $333M | 7.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 13,707,908 | $330M | 7.4% | 2026-Q1 |
| Darsana Capital Partners LP added | 11,850,000 | $303M | 6.8% | 2026-Q1 |
| BlackRock, Inc. added | 10,209,746 | $276M | 6.2% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 9,261,674 | $237M | 5.3% | 2026-Q1 |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP added | 7,551,884 | $193M | 4.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 6,238,678 | $159M | 3.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 5,892,899 | $151M | 3.4% | 2026-Q1 |
| FIL Ltd trimmed | 5,871,825 | $150M | 3.4% | 2026-Q1 |
| COOKE & BIELER LP trimmed | 4,770,594 | $122M | 2.7% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 3,640,781 | $93M | 2.1% | 2026-Q1 |
| STATE STREET CORP added | 2,701,899 | $73M | 1.6% | 2026-Q2 |
| FMR LLC added | 2,515,422 | $68M | 1.5% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC added | 2,540,735 | $65M | 1.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 2,436,958 | $65M | 1.4% | 2026-Q2 |
| MORGAN STANLEY added | 2,259,609 | $58M | 1.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,218,630 | $57M | 1.3% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 1,912,689 | $52M | 1.2% | 2026-Q2 |
| UBS Group AG trimmed | 2,009,764 | $51M | 1.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 1,606,010 | $43M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,680,558 | $43M | 1.0% | 2026-Q1 |
| HARRIS ASSOCIATES L P trimmed | 1,610,925 | $41M | 0.9% | 2026-Q1 |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC trimmed | 1,597,831 | $41M | 0.9% | 2026-Q1 |
| DigitalBridge Group, Inc. added | 1,552,534 | $40M | 0.9% | 2026-Q1 |
| Artisan Partners Limited Partnership added | 1,476,490 | $38M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,275,640 | $33M | 0.7% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,186,600 | $32M | 0.7% | 2026-Q2 |
| NORGES BANK | 1,155,828 | $31M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,139,723 | $29M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 930,130 | $25M | 0.6% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 963,167 | $25M | 0.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 952,316 | $24M | 0.5% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 937,844 | $24M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 886,990 | $23M | 0.5% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 811,138 | $22M | 0.5% | 2026-Q2 |
| Ardmore Road Asset Management LP added | 843,836 | $22M | 0.5% | 2026-Q1 |
| Perpetual Ltd added | 774,488 | $20M | 0.4% | 2026-Q1 |
| Covalis Capital LLP added | 771,307 | $20M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 723,205 | $18M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 714,212 | $18M | 0.4% | 2026-Q1 |
| CLARK ESTATES INC/NY added | 650,000 | $17M | 0.4% | 2026-Q1 |
| SEI INVESTMENTS CO added | 631,224 | $16M | 0.4% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 579,866 | $16M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 574,242 | $15M | 0.3% | 2026-Q1 |
| ASSETMARK, INC added | 570,488 | $15M | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP trimmed | 569,014 | $15M | 0.3% | 2026-Q1 |
| River Road Asset Management, LLC trimmed | 550,000 | $14M | 0.3% | 2026-Q1 |
| Candriam S.C.A. added | 544,520 | $14M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 541,453 | $14M | 0.3% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 530,461 | $14M | 0.3% | 2026-Q1 |
| Retirement Systems of Alabama added | 494,845 | $13M | 0.3% | 2026-Q1 |
| Marathon Asset Management Ltd new | 454,281 | $12M | 0.3% | 2026-Q2 |
| ING GROEP NV | 460,000 | $12M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 434,895 | $11M | 0.2% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 424,486 | $11M | 0.2% | 2026-Q1 |
| RBO & CO LLC trimmed | 419,845 | $11M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 418,879 | $11M | 0.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 404,277 | $10M | 0.2% | 2026-Q1 |
| Trexquant Investment LP trimmed | 386,660 | $10M | 0.2% | 2026-Q1 |
| Ilex Capital Partners (UK) LLP trimmed | 382,415 | $10M | 0.2% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 352,495 | $9M | 0.2% | 2026-Q1 |
| Mawer Investment Management Ltd. added | 341,325 | $9M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 324,393 | $8M | 0.2% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 283,288 | $8M | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 276,788 | $7M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 289,886 | $7M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 259,292 | $7M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 255,422 | $7M | 0.1% | 2026-Q1 |
| Joel Isaacson & Co., LLC trimmed | 245,150 | $6M | 0.1% | 2026-Q1 |
| Boston Partners new | 220,001 | $6M | 0.1% | 2026-Q1 |
| Dana Investment Advisors, Inc. added | 205,464 | $5M | 0.1% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 192,494 | $5M | 0.1% | 2026-Q1 |
| INTECH INVESTMENT MANAGEMENT LLC added | 187,791 | $5M | 0.1% | 2026-Q1 |
| HAHN CAPITAL MANAGEMENT LLC trimmed | 187,605 | $5M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 174,821 | $5M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 184,901 | $5M | 0.1% | 2026-Q1 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC new | 184,000 | $5M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 178,936 | $5M | 0.1% | 2026-Q1 |
| Verition Fund Management LLC added | 160,000 | $4M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 167,404 | $4M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 165,265 | $4M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 124,919 | $4M | 0.1% | 2026-Q1 |
| HOHIMER WEALTH MANAGEMENT, LLC added | 139,208 | $4M | 0.1% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 136,992 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 12,840,938 | $394M | 8.8% | 2025-Q4 stale |
| Caledonia (Private) Investments Pty Ltd trimmed | 2,147,678 | $67M | 1.5% | 2025-Q1 stale |
| E. Ohman J:or Asset Management AB trimmed | 1,011,770 | $34M | 0.8% | 2025-Q3 stale |
| Meridiem Capital Partners LP new | 871,831 | $30M | 0.7% | 2025-Q3 stale |
| Freestone Grove Partners LP trimmed | 697,605 | $21M | 0.5% | 2025-Q4 stale |
| Assenagon Asset Management S.A. trimmed | 442,708 | $14M | 0.3% | 2025-Q4 stale |
| Woodline Partners LP new | 341,405 | $11M | 0.2% | 2025-Q1 stale |
| TWO SIGMA INVESTMENTS, LP added | 348,496 | $11M | 0.2% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. new | 311,335 | $11M | 0.2% | 2025-Q3 stale |
| Man Group plc trimmed | 229,642 | $7M | 0.2% | 2025-Q4 stale |
| Capitolis Liquid Global Markets LLC new | 184,000 | $6M | 0.1% | 2025-Q4 stale |
| Corebridge Financial, Inc. trimmed | 159,162 | $5M | 0.1% | 2025-Q1 stale |
| J. Goldman & Co LP new | 182,644 | $5M | 0.1% | 2025-Q2 stale |
| ALPS ADVISORS INC trimmed | 173,942 | $5M | 0.1% | 2025-Q2 stale |
| Polar Asset Management Partners Inc. trimmed | 139,220 | $4M | 0.1% | 2025-Q4 stale |
| WELLINGTON MANAGEMENT GROUP LLP new | 104,377 | $4M | 0.1% | 2025-Q3 stale |
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.