Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Warner Music Group Corp (WMG)

314 + Investors. Track Smart Money conviction in WMG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
3Q ▲
Buyers last Q
60%

Smart Money Signals — WMG

Based on 316 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added WMG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
316 hedge funds hold WMG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

203 buying137 selling
Last quarter: 203 funds were net buyers (65 opened a brand new position + 138 added to an existing one). Only 137 were sellers (87 trimmed + 50 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~65 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 32 → 79 → 65 → 65. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 29% medium ■ 27% new
139 out of 316 hedge funds have held WMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -7%, value -25%

Value
-24%
Shares
-6%
Last quarter: funds added -7% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

50 → 32 → 79 → 65 → 65 new funds/Q
New funds entering each quarter: 32 → 79 → 65 → 65. A growing number of institutions are discovering WMG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 54% veterans vs 28% newcomers

■ 54% veterans ■ 18% 1-2yr ■ 28% new
Entry-cohort mix of 325 holders: 174 (54%) are 2+ year veterans, 59 entered 1–2 years ago, and 92 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
47 of 314 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — WMG

In 2026 Q1, 203 hedge funds were net buyers of WMG (65 opened a new position, 138 added to an existing one), while 137 reduced or exited (87 trimmed, 50 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 27% of total institutional value in WMG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 316.

Hedge Fund Ownership: WMG

How many hedge funds hold WMG — quarterly history vs. share price
Quarterly hedge fund ownership of WMG vs. share price

Market Analysis: WMG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WMG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Warner Music Group Corp (WMG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WMG has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
WMG
+11.7%
XLC
+0.7%

WMG outperformed XLC by +11.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
WMG
-14.2%
XLC
-3.8%

Since the filing became public, WMG outperformed XLC by -10.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 1 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: WMG
314 + Investors

Track Smart Money conviction in WMG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 314 301 4.32%
13F Shares 142M 152M -6.53%
Total Value $3.52B $4.67B -24.58%
New Positions 63 65 -2
Increased Positions 136 109 +27
Closed Positions 50 59 -9
Reduced Positions 83 94 -11
Total Calls 6 7 -14.29%
Total Puts 5 3 66.67%
PUT/CALL Ratio 0.83 0.43 Neutral

Statistics: WMG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

314 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WMG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 WMG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Darlington Partners Capital Management, LP 8.67% 7,551,884 $192.9M
2 Darsana Capital Partners LP 6.44% 11,850,000 $302.6M
3 Clark Estates Inc/Ny 3.99% 650,000 $16.6M
4 Hahn Capital Management LLC 3.01% 187,605 $4.8M
5 DigitalBridge Group, Inc. 2.50% 1,552,534 $39.7M
6 Independent Franchise Partners LLP 2.33% 13,034,254 $332.9M
7 Fairview Capital Investment Management, LLC 2.22% 1,597,831 $40.8M
8 Rbo & Co LLC 1.73% 419,845 $10.7M
9 Ardmore Road Asset Management LP 1.42% 843,836 $21.6M
10 Cooke & Bieler LP 1.38% 4,770,594 $121.8M
11 Daytona Street Capital LLC 1.25% 62,415 $1.6M
12 Covalis Capital LLP 1.21% 771,307 $19.7M
13 Commons Capital, LLC 0.85% 40,000 $1.0M
14 Peak Financial Advisors LLC 0.85% 74,793 $1.9M
15 Barrow Hanley Mewhinney & Strauss LLC 0.78% 9,261,674 $236.5M
16 Pullen Investment Management, LLC 0.60% 46,886 $1.2M
17 Arlington Partners LLC 0.50% 9,789 $250K
18 Westwood Holdings Group Inc 0.47% 2,540,735 $64.9M
19 Virtus Investment Advisers, LLC 0.44% 62,715 $1.6M
20 OmniStar Financial Group, Inc. 0.44% 33,048 $844K
21 nVerses Capital, LLC 0.44% 18,822 $481K
22 Hohimer Wealth Management, LLC 0.42% 139,208 $3.6M
23 44 Wealth Management LLC 0.35% 39,088 $998K
24 Inceptionr LLC 0.33% 52,874 $1.4M
25 Perpetual Ltd 0.30% 774,488 $19.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Warner Music Group Corp (WMG)

What does the Smart Money Trend signal show for WMG?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added WMG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WMG?

More buyers than sellers — 60% buying: Last quarter: 203 funds were net buyers (65 opened a brand new position + 138 added to an existing one). Only 137 were sellers (87 trimmed + 50 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for WMG holders?

Strong quality — 27% AUM from major funds: 47 of 314 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held WMG?

44% of holders stayed for 2+ years: 139 out of 316 hedge funds have held WMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Warner Music Group Corp (WMG) following the 2026 Q1 hedge fund 13F filings?

As of today, WMG has moved -14.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of -10.4%. Since the quarter end (March 31, 2026), WMG has gained +11.7% vs +0.7% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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