CapitolRadar tracks every publicly disclosed WBD trade by US congress members and corporate insiders: 60 disclosed trades (26 buys, 34 sells) by 3 tracked traders, from 2022-04-21 to 2026-09-25. Updated daily from official filings.
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Warner Bros. Discovery, Inc. (WBD) — Communication Services · Entertainment, market cap about $77.6B.
CapitolRadar analysis
60 trades skew modestly toward sales
WBD has 60 tracked trades from April 21, 2022 through September 25, 2026: 26 buys and 34 sells. Sales therefore exceed buys by eight transactions, with buys representing about 43% of the tracked activity. The full record involves only three distinct traders, so the totals reflect a small participant sample and may be heavily influenced by each trader’s reporting and transaction patterns.
The supplied quarterly breakdown covers 29 of the 60 trades. Within those listed quarters, activity was highest in 2023 Q4, with nine trades but only one buy. The next-highest listed period was 2023 Q2, with six trades and two buys. No buys were recorded among the four trades in 2023 Q3. By contrast, 2024 Q1 included two buys across three trades, while 2024 Q3 included one buy across two trades. The isolated entries in 2025 Q3 and 2026 Q3 were each buys, but one-trade quarters are too small to establish a broader shift.
Two named buyers account for all 26 purchases
Ro Khanna recorded 14 WBD buys, with the latest dated September 25, 2026. Michael McCaul recorded 12 buys, with the latest dated December 16, 2022. Together, their 26 purchases equal the entire tracked buy count. That concentration is notable descriptively, but the two-person buyer sample is too limited to support conclusions about wider congressional sentiment toward Warner Bros. Discovery or the Communication Services and Entertainment categories.
Six overlapping holdings appear across both buyers
Both WBD buyers also purchased MA, AJG, META, TER, P and INTU. Each overlap involves two buyers, so these common names describe shared disclosed activity rather than a large or diverse trading cohort.
Congressional disclosures may be filed up to 45 days after a transaction, meaning trading dates and public visibility can differ materially. Transaction amounts are generally reported as ranges, so dollar-value totals derived from them are estimates rather than exact exposure; no amount ranges are included in the supplied WBD facts. Trade counts also do not show position size, holding duration or subsequent performance.
Analysis written from the tracked record on 2026-10-13; it is refreshed whenever the underlying numbers change.
Activity by quarter
| Quarter | Disclosed trades | Buys | Sells |
|---|---|---|---|
| 2026 Q3 | 1 | 1 | 0 |
| 2025 Q3 | 1 | 1 | 0 |
| 2024 Q3 | 2 | 1 | 1 |
| 2024 Q1 | 3 | 2 | 1 |
| 2023 Q4 | 9 | 1 | 8 |
| 2023 Q3 | 4 | 0 | 4 |
| 2023 Q2 | 6 | 2 | 4 |
| 2023 Q1 | 3 | 1 | 2 |
Who is buying WBD?
| Trader | Disclosed buys | Last buy | Grade |
|---|---|---|---|
| Ro Khanna | 14 | 2026-09-25 | — |
| Michael McCaul | 12 | 2022-12-16 | — |
Disclosed trades in WBD
| Date | Who | Type | Amount | 30d vs SPY |
|---|---|---|---|---|
| 2026-09-25 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2025-09-29 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2024-09-09 | Ro Khanna | sell | $1,001 - $15,000 | — |
| 2024-09-09 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2024-03-20 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2024-02-13 | Ro Khanna | sell | $1,001 - $15,000 | — |
| 2024-01-10 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2023-11-03 | Ro Khanna | buy | $1,001 - $15,000 | — |
| 2023-11-01 | Pete Sessions | sell | $15,001 - $50,000 | — |
| 2023-10-31 | Pete Sessions | sell | $15,001 - $50,000 | — |
| 2023-10-31 | Ro Khanna | sell | $1,001 - $15,000 | — |
| 2023-10-06 | Pete Sessions | sell | $0 - $1,000 | — |
| 2023-10-06 | Pete Sessions | sell | $15,001 - $50,000 | — |
| 2023-10-06 | Pete Sessions | sell | $493.91 | — |
| 2023-10-05 | Pete Sessions | sell | $15,001 - $50,000 | — |
| 2023-10-02 | Ro Khanna | sell | $1,001 - $15,000 | — |
| 2023-08-18 | Pete Sessions | sell | $469.21 | — |
| 2023-08-18 | Pete Sessions | sell | $15,001 - $50,000 | — |
| 2023-08-18 | Pete Sessions | sell | $0 - $1,000 | — |
| 2023-08-17 | Pete Sessions | sell | $15,001 - $50,000 | — |
These buyers also bought
Other stocks the tracked buyers of WBD disclosed buying in the last six months: DHR (2) · TER (2) · MA (2) · P (2) · TSM (2) · AJG (2).
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary tele…
Frequently asked questions
Which politicians bought WBD most?
Ro Khanna leads with 14 disclosed buys, followed by Michael McCaul.
How current is this page?
It re-renders from the tracked record on every view and new filings are ingested daily — but STOCK Act disclosures can lag the trade by up to 45 days, so the most recent weeks are always incomplete.
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CapitolRadar tracks publicly disclosed trades (STOCK Act filings and SEC Form 4). Disclosures can lag the trade by up to 45 days. Backtests measure past disclosed buys against the S&P 500 and do not predict future results. Everything on this page is impersonal information for your own research — not investment advice.