Warner Music Group Corp. (WMG) Ownership
WMG ownership summary
as of October 18, 2026- Institutions
- 110.6% of shares outstanding
- Insiders
- 1.05% of shares outstanding
- Shares outstanding
- 147.7M
- Float
- 146.2M shares available to trade
- Short interest
- 8.88% 10.2M shares short
- Days to cover
- 5.12 short interest up 5.8% vs prior month
- Institutions 110.60%
- Insiders 1.05%
WMG top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Independent Franchise Partners LLP | 2.48% | 13.0M | $408.1M | −36,450 (−0.3%) | June 30, 2026 |
| 2 | Darsana Capital Partners LP | 2.28% | 11.9M | $375.0M | +93,199 (+0.8%) | June 30, 2026 |
| 3 | JPMorgan Chase & Co | 2.14% | 11.2M | $351.3M | −2.5M (−18.4%) | June 30, 2026 |
| 4 | BlackRock Inc | 1.95% | 10.2M | $320.6M | +551,090 (+5.7%) | June 30, 2026 |
| 5 | Barrow Hanley Mewhinney & Strauss LLC | 1.70% | 8.9M | $279.7M | −352,552 (−3.8%) | June 30, 2026 |
| 6 | Darlington Partners Capital Management, LP | 1.28% | 6.7M | $210.6M | −846,000 (−11.2%) | June 30, 2026 |
| 7 | Vanguard Capital Management, LLC | 1.19% | 6.2M | $195.4M | −17,135 (−0.3%) | June 30, 2026 |
| 8 | Vanguard Portfolio Management, LLC | 1.13% | 5.9M | $184.8M | −7,601 (−0.1%) | June 30, 2026 |
| 9 | Fidelity International Ltd | 1.11% | 5.8M | $183.0M | −44,512 (−0.8%) | June 30, 2026 |
| 10 | The Goldman Sachs Group Inc | 0.95% | 5.0M | $156.3M | +3.3M (+196.2%) | June 30, 2026 |
| 11 | Cooke & Bieler LP | 0.88% | 4.6M | $145.1M | −149,770 (−3.1%) | June 30, 2026 |
| 12 | Thrivent Financial For Lutherans | 0.73% | 3.8M | $120.5M | +196,264 (+5.4%) | June 30, 2026 |
| 13 | State Street Corp | 0.52% | 2.7M | $84.8M | +38,068 (+1.4%) | June 30, 2026 |
| 14 | Qube Research & Technologies | 0.49% | 2.5M | $79.9M | +1.6M (+171.3%) | June 30, 2026 |
| 15 | FMR Inc | 0.48% | 2.5M | $79.0M | +2.1M (+524.6%) | June 30, 2026 |
| 16 | AQR Capital Management LLC | 0.47% | 2.4M | $76.5M | −105,275 (−4.1%) | June 30, 2026 |
| 17 | Morgan Stanley - Brokerage Accounts | 0.46% | 2.4M | $75.6M | +148,900 (+6.6%) | June 30, 2026 |
| 18 | Geode Capital Management, LLC | 0.42% | 2.2M | $69.5M | −4,812 (−0.2%) | June 30, 2026 |
| 19 | Point72 Asset Management, L.P. | 0.37% | 1.9M | $60.1M | −576,750 (−23.2%) | June 30, 2026 |
| 20 | UBS Group AG | 0.36% | 1.9M | $59.4M | −117,287 (−5.8%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 8 holders added 8.0M shares and 12 cut 4.8M.
WMG top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | iShares Core S&P Mid-Cap ETF | 1.01% | 5.3M | $165.2M | −1,884 (−0.0%) | September 30, 2026 |
| 2 | Vanguard MStar Total Stk Mkt Idx Invest | 0.84% | 4.4M | $138.5M | −6,257 (−0.1%) | August 31, 2026 |
| 3 | Fidelity Global Technology A-Dis-EUR | 0.80% | 4.2M | $130.9M | −1,253 (−0.0%) | August 31, 2026 |
| 4 | Bridge Builder Large Cap Value | 0.72% | 3.8M | $118.1M | — | September 30, 2026 |
| 5 | Vanguard Small Cap Index | 0.60% | 3.2M | $99.1M | −40,577 (−1.3%) | September 30, 2026 |
| 6 | Independent Franchise Partners US Equity | 0.35% | 1.8M | $58.0M | −270,535 (−12.8%) | June 30, 2026 |
| 7 | Vanguard MStar Small Cap Growth Indx Inv | 0.34% | 1.8M | $55.2M | −78,988 (−4.3%) | September 30, 2026 |
| 8 | Vanguard Selected Value Inv | 0.33% | 1.7M | $54.4M | −122,100 (−6.6%) | June 30, 2026 |
| 9 | Strategic Advisers Fidelity US TtlStk | 0.27% | 1.4M | $45.0M | +272,000 (+23.5%) | August 31, 2026 |
| 10 | Oakmark Equity And Income Investor | 0.27% | 1.4M | $43.6M | — | June 30, 2026 |
| 11 | Strategic Advisers U.S. Total Stock | 0.26% | 1.4M | $43.0M | −1,803 (−0.1%) | August 31, 2026 |
| 12 | JPM US Select Equity Plus A acc USD | 0.24% | 1.3M | $39.9M | −50,883 (−3.8%) | September 30, 2026 |
| 13 | Goldman Sachs US Tax-Managed Eq Instl | 0.23% | 1.2M | $38.6M | +1.2M (0.0%) | June 30, 2026 |
| 14 | Thrivent Large Cap Value | 0.23% | 1.2M | $37.6M | — | August 31, 2026 |
| 15 | Thrivent Large Cap Value S | 0.22% | 1.2M | $36.8M | — | August 31, 2026 |
| 16 | JPMorgan Value Advantage L | 0.21% | 1.1M | $35.2M | −117,971 (−9.5%) | August 31, 2026 |
| 17 | State Street® SPDR® S&P MIDCAP 400® ETF | 0.21% | 1.1M | $34.3M | +22,863 (+2.1%) | September 30, 2026 |
| 18 | Bridge Builder Tax Managed Large Cap | 0.20% | 1.0M | $32.1M | — | September 30, 2026 |
| 19 | Fidelity America A-Dis | 0.19% | 977K | $30.7M | — | August 31, 2026 |
| 20 | GS Glb Sm Cp CORE Eq Base Inc USD Snap | 0.19% | 976K | $30.6M | +68,368 (+7.5%) | July 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
WMG insider transactions
latest 8| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2025-04-02 | Timothy Matusch | Sell | $31.43 | 1,000 | $31,430 |
| 2025-02-20 | Valentin Blavatnik | Sell | $35.45 | 28,230 | $1.0M |
| 2025-02-14 | Timothy Matusch | Sell | $36.49 | 1,103 | $40,248 |
| 2024-12-20 | Lincoln E Benet | Sell | $30.96 | 35,000 | $1.1M |
| 2024-09-10 | Max Lousada | Sell | $28.00 | 428,834 | $12.0M |
| 2024-09-05 | Max Lousada | Sell | $28.17 | 135,324 | $3.8M |
| 2024-09-03 | Max Lousada | Sell | $28.25 | 64,047 | $1.8M |
| 2023-12-05 | Max Lousada | Sell | $33.36 | 869,008 | $29.0M |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
WMG shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns WMG
Institutional investors own 110.6% of Warner Music's shares and insiders 1.05%. The largest holder is Independent Franchise Partners LLP with 2.48% of the shares (13.0M), as of June 30, 2026. Among the top 20 institutions, 8 added shares and 12 reduced their stake in the latest filings. Short interest is 8.88% of the float, or 5.12 days of average trading volume. The share count rose 3.4% since 2014.
Related: WMG analyst forecast, WMG key metrics, WMG dividend history. See the WMG stock overview for the latest quote and news.
WMG ownership FAQ
Who owns the most Warner Music stock?
The largest shareholders of Warner Music are Independent Franchise Partners LLP (2.48%), Darsana Capital Partners LP (2.28%), JPMorgan Chase & Co (2.14%), BlackRock Inc (1.95%), Barrow Hanley Mewhinney & Strauss LLC (1.70%).
What percentage of Warner Music is owned by institutions?
Institutions hold 110.6% of Warner Music's shares outstanding; insiders hold 1.05%.
Which funds own Warner Music?
The largest fund holders of Warner Music are iShares Core S&P Mid-Cap ETF (1.01%), Vanguard MStar Total Stk Mkt Idx Invest (0.84%), Fidelity Global Technology A-Dis-EUR (0.80%), Bridge Builder Large Cap Value (0.72%), Vanguard Small Cap Index (0.60%).
What is Warner Music's short interest?
10.2M shares of Warner Music were sold short, 8.88% of the float; at the average daily volume it would take 5.12 days to cover.
Are insiders buying or selling Warner Music?
Of the latest 8 reported insider transactions in Warner Music (since December 5, 2023), 0 were purchases and 8 were sales.
How many shares of Warner Music are outstanding?
Warner Music has 147.7M shares outstanding, of which 146.2M are in the public float.