Hudson Bay Capital Management LP
Position in WBD — Warner Bros. Discovery, Inc.
CIK 1393825
STAMFORD, CT
Position in WBD
as of Mar 31, 2026
· filed May 13, 2026
Position Value
$131,589,802
+$130,287,197 QoQ
Shares Held
4,792,054
+10502.4% QoQ
Ownership
0.191%
of shares outstanding
% of Portfolio
0.91%
of 13F equity value
Holder Rank
—
not a current holder
Holding Since
Jun 2022
7 quarters on record
Voting authority
Sole 100.ToString("F0")%
Shared 0.ToString("F0")%
None 0.ToString("F0")%
Common Shares in WBD Over Time
Shares Held
Position Value (USD)
Derivatives in WBD
reported options exposure · as of Mar 31, 2026CallValue
$0
CallShares
0
PutValue
$80,603,338
PutShares
2,935,300
Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.
Position in Entertainment
Communication Services · as of Mar 31, 2026Hudson Bay Capital Management LP holds $705,583,267 across 10 Entertainment names. WBD ranks #2 (18.6% of the industry book) .
| # | Ticker | Company | Shares | Value (USD) | Open |
|---|---|---|---|---|---|
| 1 | NFLX |
Netflix Inc
|
4,580,819 | $440,445,746 | |
| 2 | WBD |
Warner Bros. Discovery, Inc.
This page
|
4,792,054 | $131,589,802 | |
| 3 | DIS |
Walt Disney Co
|
1,100,000 | $106,018,000 | |
| 4 | ANGX |
Angel Studios, Inc.
|
4,117,817 | $12,559,340 | |
| 5 | CNK |
Cinemark Holdings, Inc.
|
322,548 | $9,199,068 | |
| 6 | TKO |
TKO Group Holdings, Inc.
|
9,336 | $1,882,604 | |
| 7 | ROKU |
Roku, Inc
|
15,595 | $1,475,598 | |
| 8 | LYV |
Live Nation Entertainment, Inc.
|
8,768 | $1,337,207 |
All Filings in WBD
Export CSV
10 filing rows on record
| Report Date | Value (USD) | Shares | Type | Discretion | Filed | |
|---|---|---|---|---|---|---|
| 2026-03-31 | $131,589,802 | 4,792,054 | Shares | Sole | 2026-05-13 | |
| 2026-03-31 | $80,603,338 | 2,935,300 | Put | Sole | 2026-05-13 | |
| 2025-12-31 | $4,049,210 | 140,500 | Call | Sole | 2026-02-13 | |
| 2025-12-31 | $1,302,605 | 45,198 | Shares | Sole | 2026-02-13 | |
| 2025-06-30 | $2,865,000 | 250,000 | Put | Sole | 2025-08-18 | |
| 2025-06-30 | $411,723 | 35,927 | Shares | Sole | 2025-08-18 | |
| 2023-09-30 | $8,688,000 | 800,000 | Shares | Sole | 2023-12-07 | |
| 2023-06-30 | $7,210,500 | 575,000 | Shares | Sole | 2023-08-14 | |
| 2023-03-31 | $1,132,500 | 75,000 | Shares | Sole | 2023-05-16 | |
| 2022-06-30 | $1,496,665 | 111,525 | Shares | Sole | 2022-08-12 | |
| No filing history on record for this holder in this stock. | ||||||