WARNER MUSIC GROUP CORP WMG
COM CL A · Common Stock · CUSIP 934550203 · ISIN US9345502036
American multinational entertainment and record label conglomerate
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($287.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.22. Options: 11 managers hold calls ($30.5m notional), 6 hold puts ($3.2m).
Biggest calls
| Caption Management, LLC | — | $15.6m674.2k shares |
| GROUP ONE TRADING LLC | — | $6.0m257.7k shares |
| CITADEL ADVISORS LLC | — | $4.6m198.8k shares |
| Walleye Trading LLC | — | $1.7m71.2k shares |
| WOLVERINE TRADING, LLC | — | $1.4m62.5k shares |
| JANE STREET GROUP, LLC | — | $596.0k25.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $490.0k21.1k shares |
| PEAK6 Investments LLC | — | $32.0k1.4k shares |
| SIMPLEX TRADING, LLC | — | $4.0k200 shares |
| Cutler Group LLC / CA | — | $3.0k43.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | — | $1.7m73.2k shares |
| SIMPLEX TRADING, LLC | — | $923.0k39.8k shares |
| PEAK6 Investments LLC | — | $357.0k15.4k shares |
| Walleye Trading LLC | — | $186.0k8.0k shares |
| GROUP ONE TRADING LLC | — | $28.0k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | — | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Independent Franchise Partners LLP 13G · institution new · filed 2025-05-14 | 9.2% |
| Darsana Capital Partners LP 13G · passive investor +2.6 pts · filed 2026-05-15 | 8.1% |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 13G · institution -0.2 pts · filed 2026-08-12 | 6.1% |
| JPMORGAN CHASE & CO 13G · institution -2.1 pts · filed 2026-10-15 | 5.5% |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 13G · institution +0.6 pts · filed 2026-04-01 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q3 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2020 | 0 | — | 0 | — | — |
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $171.6m | — |
| Q1 2022 | 0 | — | 2 | $351.0m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
None reported in Q3 2022.
Holders, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.04% of their portfolio | 17.0m $394.8m | — |
| SANDS CAPITAL MANAGEMENT, LLC 0.97% of their portfolio | 11.2m $259.2m | — |
| VANGUARD GROUP INC 0.01% of their portfolio | 10.3m $238.7m | — |
| Caledonia (Private) Investments Pty Ltd 4.75% of their portfolio | 6.9m $160.6m | — |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 12.81% of their portfolio | 6.7m $154.7m | — |
| BlackRock Inc. 0.00% of their portfolio | 4.9m $113.1m | — |
| Capital World Investors 0.03% of their portfolio | 4.8m $111.7m | — |
| Darsana Capital Partners LP 5.36% of their portfolio | 4.5m $104.4m | — |
| SOMA EQUITY PARTNERS LP 5.50% of their portfolio | 4.2m $97.5m | — |
| Jackson Square Partners, LLC 2.54% of their portfolio | 4.2m $96.9m | — |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 3.5m $80.2m | — |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 1.97% of their portfolio | 3.4m $78.2m | — |
| Slate Path Capital LP 4.73% of their portfolio | 3.1m $72.8m | — |
| Capital International Investors 0.02% of their portfolio | 3.0m $69.2m | — |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.8m $64.4m | — |
| HARRIS ASSOCIATES L P 0.08% of their portfolio | 2.1m $49.6m | — |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 2.0m $46.6m | — |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $39.1m | — |
| Stephens Investment Management Group LLC 0.72% of their portfolio | 1.6m $37.8m | — |
| Contour Asset Management LLC 3.02% of their portfolio | 1.6m $37.7m | — |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $28.6m | — |
| E. Ohman J:or Asset Management AB 1.27% of their portfolio | 1.2m $27.9m | — |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.2m $27.6m | — |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $27.4m | — |
| FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 1.88% of their portfolio | 1.1m $26.4m | — |
| SEI INVESTMENTS CO 0.06% of their portfolio | 1.1m $24.8m | — |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 739.3k $17.2m | — |
| Mawer Investment Management Ltd. 0.10% of their portfolio | 724.5k $16.8m | — |
| Invesco Ltd. 0.01% of their portfolio | 691.4k $16.0m | — |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 655.5k $15.2m | — |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 624.7k $14.5m | — |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 599.7k $13.9m | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 590.6k $13.7m | — |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 586.4k $13.6m | — |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 579.5k $13.5m | — |
| Retirement Systems of Alabama 0.06% of their portfolio | 557.8k $12.9m | — |
| QVIDTVM Management LLC 7.47% of their portfolio | 475.8k $11.0m | — |
| Joel Isaacson & Co., LLC 0.94% of their portfolio | 468.0k $10.9m | — |
| VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.17% of their portfolio | 459.1k $10.7m | — |
| RBO & CO LLC 2.09% of their portfolio | 452.8k $10.5m | — |
| STATE STREET CORP 0.00% of their portfolio | 404.4k $9.4m | — |
| Shannon River Fund Management LLC 3.45% of their portfolio | 345.7k $8.0m | — |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 339.1k $7.9m | — |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 333.0k $7.7m | — |
| UBS Group AG 0.00% of their portfolio | 278.4k $6.5m | — |
| Amundi 0.00% of their portfolio | 276.7k $6.8m | — |
| Bank of New York Mellon Corp 0.00% of their portfolio | 252.2k $5.9m | — |
| Ion Asset Management Ltd. 0.88% of their portfolio | 240.0k $5.6m | — |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 229.5k $5.3m | — |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 227.4k $5.3m | — |
| NORTHERN TRUST CORP 0.00% of their portfolio | 209.6k $4.9m | — |
| Aureus Asset Management, LLC 0.37% of their portfolio | 181.9k $4.2m | — |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 178.7k $4.1m | — |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 168.4k $3.9m | — |
| BLAIR WILLIAM & CO/IL 0.02% of their portfolio | 166.3k $3.9m | — |
| SG Americas Securities, LLC 0.05% of their portfolio | 142.5k $3.3m | — |
| Advisors Capital Management, LLC 0.11% of their portfolio | 139.4k $4.0m | — |
| Zeno Research, LLC 2.96% of their portfolio | 134.6k $3.1m | — |
| J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio | 125.0k $2.9m | — |
| TD Asset Management Inc 0.00% of their portfolio | 124.2k $2.9m | — |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 117.8k $2.7m | — |
| DNB Asset Management AS 0.02% of their portfolio | 116.4k $2.7m | — |
| Claar Advisors LLC 1.10% of their portfolio | 112.0k $2.6m | — |
| Legal & General Group Plc 0.00% of their portfolio | 109.3k $2.5m | — |
| Sumitomo Mitsui DS Asset Management Company, Ltd 0.06% of their portfolio | 106.0k $2.5m | — |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 85.7k $2.0m | — |
| CLOVERFIELDS CAPITAL GROUP, LP 0.65% of their portfolio | 82.3k $1.9m | — |
| CAPITAL INTERNATIONAL LTD /CA/ 0.13% of their portfolio | 77.3k $1.8m | — |
| Y-Intercept (Hong Kong) Ltd 0.17% of their portfolio | 73.5k $1.7m | — |
| Brookfield Corp /ON/ 0.01% of their portfolio | 73.0k $1.7m | — |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 70.0k $1.6m | — |
| CAPITAL INTERNATIONAL SARL 0.12% of their portfolio | 65.0k $1.5m | — |
| COMGEST GLOBAL INVESTORS S.A.S. 0.03% of their portfolio | 64.7k $1.5m | — |
| Eidelman Virant Capital 1.12% of their portfolio | 63.4k $1.5m | — |
| Weiss Multi-Strategy Advisers LLC 0.04% of their portfolio | 62.3k $1.4m | — |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 60.5k $1.4m | — |
| TCW GROUP INC 0.02% of their portfolio | 56.4k $1.3m | — |
| Capital International, Inc./CA/ 0.03% of their portfolio | 54.3k $1.3m | — |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 53.1k $1.2m | — |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 52.1k $1.2m | — |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 48.1k $1.1m | — |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 44.7k $1.0m | — |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 43.4k $1.0m | — |
| Cullen/Frost Bankers, Inc. 0.02% of their portfolio | 42.7k $990.0k | — |
| AlphaCrest Capital Management LLC 0.06% of their portfolio | 41.3k $957.0k | — |
| COMMONS CAPITAL, LLC 1.43% of their portfolio | 38.9k $903.0k | — |
| EATON VANCE MANAGEMENT 0.00% of their portfolio | 38.9k $902.0k | — |
| Man Group plc 0.00% of their portfolio | 38.3k $889.0k | — |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 37.9k $880.0k | — |
| USS Investment Management Ltd 0.01% of their portfolio | 36.2k $840.0k | — |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 35.8k $831.0k | — |
| US BANCORP \DE\ 0.00% of their portfolio | 35.1k $815.0k | — |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 33.3k $772.0k | — |
| PDT Partners, LLC 0.12% of their portfolio | 33.1k $768.0k | — |
| Baird Financial Group, Inc. 0.00% of their portfolio | 30.4k $705.0k | — |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 29.9k $693.0k | — |
| Quadrature Capital Ltd 0.02% of their portfolio | 28.8k $668.0k | — |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 28.5k $662.0k | — |
| CAXTON ASSOCIATES LP 0.11% of their portfolio | 27.6k $641.0k | — |
| GABELLI FUNDS LLC 0.01% of their portfolio | 27.0k $627.0k | — |