Warner Bros Discovery Inc (WBD) is gone from Bill Nygren's Oakmark Select Fund portfolio as of June 30, 2026, according to the NPORT-P filed with the SEC on August 26, 2026. A quarter earlier the position was 8.48M shares worth about $232.8M, or 3.08% of the reported book. WBD had been in the portfolio for about 4 years, since the quarter ended September 30, 2022.
What did the 2026 Q2 filing report for WBD?
As of June 30, 2026, from the NPORT-P filed August 26, 2026.
| Before | After | |
|---|---|---|
| Shares | 8.48M | 0 |
| Reported value | $232.8M | $0 |
| Portfolio weight | 3.08% | 0% |
| Held since | 2022 Q3 | sold out in 2026 Q2 |
| Quarters held | 15 |
What did Bill Nygren sell?
Bill Nygren sold 8.48M shares of WBD between the quarter ended March 31, 2026 and June 30, 2026. The WBD exit was the largest of the quarter's 21 position changes by percent change to portfolio.
Where does WBD sit in the Bill Nygren portfolio?
Before the sale, WBD carried 3.08% of the Bill Nygren portfolio, below the fund's average stock position of 4%. The largest stock position is KDP at 7.64%. Next come CRM at 6.43% and FCNCA at 6.41%. The three largest stocks together are 20.49% of the book. Across the 2026 Q2 portfolio, Bill Nygren reported 23 stock positions, with 1 opened and 2 closed. The total portfolio value is about $8.3B, up 10% from the prior quarter.
How long has Bill Nygren held WBD?
Bill Nygren held WBD for about 4 years, from the quarter ended September 30, 2022 to March 31, 2026. The weight peaked at 6.2% in 2025 Q4. Last quarter the fund had already cut the position by 52%, so the exit finishes a two-quarter unwind. Every reported trade is on the Bill Nygren WBD trade history page.
Did other funds buy or sell WBD in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 26, 2026, 5 still hold WBD. Meanwhile 2 opened it. The largest buyers of WBD this quarter were Daniel Loeb, David Einhorn and Prem Watsa. The largest seller was Independent Franchise Partners. Every tracked holder of WBD is on the WBD ownership page.
FAQ
How many WBD shares did Bill Nygren sell?
Bill Nygren sold all 8.48M shares of WBD it reported a quarter earlier, worth about $232.8M.
When did Bill Nygren first buy WBD?
Bill Nygren first reported WBD in the quarter ended September 30, 2022.
How much of the Bill Nygren portfolio was WBD?
WBD was 3.08% of the Bill Nygren portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell WBD in 2026 Q2?
No other tracked fund sold out of WBD in 2026 Q2, but 1 trimmed it; 5 still hold it.