Daniel Loeb's Third Point reported 20M shares of Warner Bros Discovery Inc (WBD) for the first time in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. At quarter-end prices the stake was worth about $533.2M, or 11.46% of the reported portfolio. WBD enters the book as the 1st largest of 40 stock positions.
What did the 2026 Q2 filing report for WBD?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Value | |
|---|---|
| Shares | 20M |
| Reported value | $533.2M |
| Portfolio weight | 11.46% |
| Rank in portfolio | 1st of 40 |
How big is the new WBD position?
Daniel Loeb opened 16 stock positions in 2026 Q2; WBD is the largest of them by weight. An average stock position in the Daniel Loeb portfolio is 2% of the reported value, so the new name comes in above the fund's typical size.
Where does WBD sit in the Daniel Loeb portfolio?
WBD is the largest of 40 stock positions in the Daniel Loeb portfolio at 11.46%, above the fund's average stock position of 2%. The WBD purchase was the largest of the quarter's 42 position changes by percent change to portfolio. Next come AMZN at 8.97% and GOOGL at 7.88%. The three largest stocks together are 28.31% of the book. Across the 2026 Q2 portfolio, Daniel Loeb reported 40 stock positions, with 16 opened and 9 closed. The total portfolio value is about $4.7B, up 123% from the prior quarter.
Has Daniel Loeb held WBD before?
Daniel Loeb has not reported WBD before in the filings we track. Our data starts with the quarter ended June 30, 2013.
Did other funds buy or sell WBD in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 4 hold WBD. Of those, one opened it this quarter. One other tracked fund sold out of it. The largest buyers of WBD this quarter were David Einhorn and Prem Watsa. The largest sellers were Bill Nygren and Independent Franchise Partners. Every tracked holder of WBD is on the WBD ownership page.
FAQ
How many WBD shares does Daniel Loeb hold?
Daniel Loeb holds 20M shares of WBD as of June 30, 2026, worth about $533.2M.
What is WBD's weight in the Daniel Loeb portfolio?
WBD is 11.46% of the Daniel Loeb portfolio and is the largest stock in the book.
Has Daniel Loeb owned WBD before?
No. Daniel Loeb has not reported WBD before in the filings we track, which start with the quarter ended June 30, 2013.
How many other tracked funds hold WBD?
4 other tracked funds that had filed for 2026 Q2 hold WBD. One of them opened it this quarter.