WMG · NASDAQ · Entertainment

Warner Music Group

Connects record labels, song rights, and artist services across the global music economy.

$28.03
After-hours close+0.00 (+0.02%)
At close$28.03(−0.59%)

Breakdown13F · Form 4

Institutions 30.72%160.30M sharesInsiders 0.58%3.05M sharesOther 68.70%358.50M shares

Shares outstanding 521.85M · Float 511.29M · 98.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Access Industries Holdings LLC372.60M72.00%13GFeb 14, 2025
AI Entertainment Holdings LLC · 10 percent owner248.72M47.66%Form 4Apr 20, 2026
Independent Franchise Partners LLP13.00M2.49%13FAug 13, 2026
Darsana Capital Partners LP11.94M2.29%13FAug 14, 2026
JPMorgan Chase & Co11.19M2.14%13FAug 12, 2026

Institutions13F, as of Jun 30, 2026

346 holders · 160.30M shares · 78 new positions · 200 increased · 105 reduced · 59 closed

HolderShares% outstandingChg q/qFiled
Independent Franchise Partners LLP13.00M2.49%−36.5KAug 13, 2026
Darsana Capital Partners LP11.94M2.29%+93.2KAug 14, 2026
JPMorgan Chase & Co11.19M2.14%−2.52MAug 12, 2026
BlackRock, Inc.10.21M1.96%+551.1KAug 7, 2026
Barrow Hanley Mewhinney & Strauss LLC8.91M1.71%−352.6KAug 12, 2026
Darlington Partners Capital Management, LP6.71M1.29%−846.0KAug 14, 2026
Vanguard Capital Management LLC6.22M1.19%−17.1KAug 13, 2026
Vanguard Portfolio Management LLC5.89M1.13%−7.6KAug 13, 2026

Beneficial owners13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
Access Industries Holdings LLC72.00%372.60M13GFeb 14, 2025
Independent Franchise Partners, LLP9.23%13.38M13GMay 14, 2025
JPMorgan Chase & Co9.20%13.55M13GMay 12, 2026
Darsana Capital Partners LP8.10%11.85M13GMay 15, 2026
Barrow Hanley Mewhinney & Strauss LLC6.30%9.26M13GMay 13, 2026
BlackRock, Inc.6.10%8.60MNov 8, 2024
Darlington Partners Capital Management, LP5.10%7.55M13GApr 1, 2026

InsidersForm 4

InsiderRoleShares% outstandingFiled
AI Entertainment Holdings LLC10 percent owner248.72M47.66%Apr 20, 2026
Robert Kynclofficer: CEO731.4K0.14%Jan 6, 2026
Armin Zerzaofficer: COO & CFO408.7K0.08%May 26, 2026
Valentin Blavatnikdirector384.1K0.07%Apr 20, 2026
Thomas Charles Corsonofficer: Chief Operating Officer250.2K0.05%Aug 7, 2026
Carianne Marshallofficer: Co-Chair & COO Warner Chappell229.1K0.04%Jan 6, 2026
Guy Mootofficer: Co-Chair & CEO Warner Chappell229.1K0.04%Jan 6, 2026
Carletta Higginsonofficer: EVP, Chief Digital Officer200.6K0.04%Jan 6, 2026
Paul M. Robinsonofficer: EVP & General Counsel98.3K0.02%Jan 6, 2026
Maria Osherovaofficer: EVP, Chief Human Res. Officer96.8K0.02%Jan 6, 2026

2 ten-percent owners hold 252.72M shares by Form 4, outside the officers-and-directors figure above · 16 people have not refiled in the last 18 months (95.56M shares), so they are not in the figure above

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Dec 11, 2025
Armin Zerzaofficer: Chief Financial Officer
Purchase35,778$28.12254,119
Dec 2, 2025
Valentin Blavatnikdirector
Purchase · 2 lots71,620$27.88104,074

CongressHouse and Senate disclosures

Not reported.