Exited position

Seth Klarman’s Warner Bros Discovery Inc (WBD) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Baupost GroupVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ2 2022Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares31.00MHighest verified quarter-end share count
Quarters reported8Verified quarters with shares above zero
What happened?

Baupost Group first reported Warner Bros Discovery Inc in Q2 2022. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Baupost Group sold the entire position in Q2 2024, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2024
Sold the entire position−3.71M shares · No shares reported at quarter-end
Q1 2024
Sold 85.3% of the position−21.52M shares · 3.71M shares remained
Filing context

Quarter-end price $8.73 · Estimated holding basis $12.48

Q1 2023
Sold 18.6% of the position−5.76M shares · 25.24M shares remained
Filing context

Quarter-end price $15.10 · Estimated holding basis $12.48

Q4 2022
Bought 6.9% more+2.00M shares · 31.00M shares reported after the change
Filing context

Quarter-end price $9.48 · Estimated holding basis $12.48

Q3 2022
Bought 61.1% more+11.00M shares · 29.00M shares reported after the change
Filing context

Quarter-end price $11.50 · Estimated holding basis $12.69

Q2 2022
New position+18.00M shares · 18.00M shares reported
Filing context

Quarter-end price $13.42 · Estimated holding basis $13.42

3 unchanged quarters are collapsed by default.

Portfolio importance

How important was Warner Bros Discovery Inc in Baupost Group’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight0.9%Q1 2024
Last reported rank#17of 22 reported positions
Peak portfolio weight6.5%Q1 2023
Best historical rank#6Q3 2022
At peak importanceQ1 2023
WBD
6.5%
Largest holding
16.6%
Cross-investor discovery

Who else owns Warner Bros Discovery Inc?

Also reported by 4 other tracked investors in their latest verified filings.

Daniel LoebThird Point LLC
WBD11.5% of reported portfolio
David EinhornDME Capital Management
WBD1.5% of reported portfolio
George SorosSoros Fund Management
WBD0.5% of reported portfolio
Explore Warner Bros Discovery Inc across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$27.802026-09-18

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-13
Open SEC filing ↗

This tracker follows Baupost Group LLC/MA’s Form 13F disclosures—not Seth Klarman’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.