Sand Grove Capital Management LLP — WARNER BROS DISCOVERY INC WBD: Quarterly 13F Position History
Sand Grove Capital Management LLP has reported WARNER BROS DISCOVERY INC (WBD) on 2 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2025. As of Q1 2026, the position is sized at 1,446,807 shares ($39.7M market value, 9.29% of the equity book). Quarter-over-quarter share count change: + 429,663 (+42.2%) .
- 1,446,807Shares Held (Latest Filing)
- $39.7MReported Market Value (Latest Filing)
- 9.29%Portfolio Weight (% of 13F Equity Book)
- +429,663Quarter-over-Quarter Share Change
- +$10.4MQuarter-over-Quarter Value Change
- 1,446,807Peak Reported Shares (Historical)
Recent initiation: Sand Grove Capital Management LLP first reported WBD on the Q4 2025 filing — fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,446,807 | +429,663 | +42.2% | $39.7M | 9.29% | $27.46 |
| Q4 2025 | 1,017,144 | — | — | $29.3M | 9.94% | $28.82 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Sand Grove Capital Management LLP first disclose a WBD position in 13F-HR filings?
Sand Grove Capital Management LLP first reported WARNER BROS DISCOVERY INC (WBD) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 reported quarters within Pactolio's tracked window.
What was Sand Grove Capital Management LLP's most recent quarter-over-quarter share-count change in WBD?
Between Q4 2025 and Q1 2026, Sand Grove Capital Management LLP added 429,663 shares of WBD (+42.2%), bringing the total reported position to 1,446,807 shares at a market value of $39.7M.
Does the implied price-per-share represent Sand Grove Capital Management LLP's cost basis in WBD?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.