Question 1

Does Capstone Investment Advisors own WBD stock?

Accepted Answer

Yes. As of its Q2 2026 13F, Capstone Investment Advisors holds 3,405,000 shares of WBD (Warner Bros Discovery), worth $90.8M.

Question 2

How many shares of WBD does Capstone Investment Advisors own?

Accepted Answer

As of its Q2 2026 13F, Capstone Investment Advisors holds 3,405,000 shares of WBD (Warner Bros Discovery).

Question 3

What is Capstone Investment Advisors' WBD position worth?

Accepted Answer

As of its Q2 2026 13F, Capstone Investment Advisors' WBD position is worth $90.8M.

Question 4

Is Capstone Investment Advisors buying or selling WBD?

Accepted Answer

In Q2 2026, Capstone Investment Advisors reduced its WBD position by 6,800,000 shares (-66.6%).

Question 5

When did Capstone Investment Advisors first buy WBD?

Accepted Answer

Capstone Investment Advisors already held WBD in its Q2 2022 13F, the earliest on record, and has listed it in 16 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	3.4M	-66.6%	$90.8M	0.2%	$26.66	0
2026-Q1	Increased	10.2M	+172.1%	$280.2M	0.5%	—	60
2025-Q4	New	3.8M	-	$108.1M	0.2%	—	50
2025-Q3	Exited	0	-100.0%	$0	0.0%	—	0
2025-Q2	Decreased	78,786	-23.9%	$902,888	0.0%	—	0
2025-Q1	Decreased	103,571	-48.6%	$1.1M	0.0%	—	0
2024-Q4	Decreased	201,560	-19.9%	$2.1M	0.0%	—	0
2024-Q3	Decreased	251,544	-15.8%	$2.1M	0.0%	$8.38	0