Warner Music Group Corp. ownership filing shows JPMorgan Chase & Co. beneficially owned 13,547,554 shares of Class A common stock, representing 9.2% of the class as of 03/31/2026 (Amendment No. 3).
The filing lists specific voting and dispositive powers: sole voting power 12,681,060; shared voting power 175,232; sole dispositive power 13,547,528. The schedule identifies several JPMorgan entities that hold the position.
Positive
None.
Negative
None.
Insights
JPMorgan reports a >9% stake in Warner Music, a notable institutional holding.
The filing quantifies beneficial ownership at 13,547,554 shares and a 9.2% ownership stake as of 03/31/2026. This level typically requires public disclosure and signals a material institutional position.
Investor interest centers on whether the position is passive under Schedule 13G/A and whether future Schedule 13D activity or voting shifts occur; subsequent filings would disclose material changes.
Amendment No. 3 clarifies the allocating entities and voting/dispositive powers within the JPMorgan group.
The schedule names J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Limited, JPMorgan Chase Bank, N.A., and others as relevant subsidiaries. It lists exact voting and dispositive counts, consistent with Schedule 13G/A disclosure practices.
Filing signatory and entity breakdowns reduce ambiguity about who holds authority; monitoring for further amendments is standard practice if holdings or control change.
Key Figures
Beneficial ownership:13,547,554 sharesPercent of class:9.2%Sole voting power:12,681,060 shares+2 more
5 metrics
Beneficial ownership13,547,554 sharesreported as beneficially owned as of <date>03/31/2026</date>
Percent of class9.2%percent of Class A common stock owned
Sole voting power12,681,060 sharesnumber of shares with sole voting power
Shared voting power175,232 sharesnumber of shares with shared voting power
Sole dispositive power13,547,528 sharesnumber of shares with sole dispositive power
Key Terms
Schedule 13G/A, Beneficially owned, Sole dispositive power, Shared voting power
4 terms
Schedule 13G/Aregulatory
"Amendment No. 3 to Schedule 13G for beneficial ownership reporting"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially ownedregulatory
"Amount beneficially owned: 13547554"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 13547528"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Shared voting powerregulatory
"Shared power to vote or to direct the vote: 175,232"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Warner Music Group Corp.
(Name of Issuer)
Class A Common Stock, $0.001 par value per share
(Title of Class of Securities)
934550203
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
934550203
1
Names of Reporting Persons
JPMORGAN CHASE & CO.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
12,681,060.00
6
Shared Voting Power
175,232.00
7
Sole Dispositive Power
13,547,528.00
8
Shared Dispositive Power
26.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,547,554.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Warner Music Group Corp.
(b)
Address of issuer's principal executive offices:
1633 Broadway New York NY 10019
Item 2.
(a)
Name of person filing:
JPMORGAN CHASE & CO.
(b)
Address or principal business office or, if none, residence:
270 Park Avenue,,New York, NY 10017
(c)
Citizenship:
DE
(d)
Title of class of securities:
Class A Common Stock, $0.001 par value per share
(e)
CUSIP No.:
934550203
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
13547554
(b)
Percent of class:
9.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
12681060
(ii) Shared power to vote or to direct the vote:
175232
(iii) Sole power to dispose or to direct the disposition of:
13547528
(iv) Shared power to dispose or to direct the disposition of:
26
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
J.P. Morgan Securities LLC;
JPMorgan Asset Management (UK) Limited;
JPMorgan Chase Bank, National Association;
J.P. Morgan Investment Management Inc.;
JPMorgan Asset Management (China) Company Limited;
55I, LLC
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does JPMorgan hold in Warner Music Group (WMG)?
JPMorgan beneficially owned 13,547,554 shares, representing 9.2% of Class A common stock. The position is reported in Amendment No. 3 and dated 03/31/2026 in the filing.
Which JPMorgan entities are named as holders in the 13G/A for WMG?
The filing lists entities including J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Limited, and JPMorgan Chase Bank, N.A. as parties associated with the reported holdings.
How much voting power does JPMorgan report for WMG shares?
The schedule reports sole voting power of 12,681,060 shares and shared voting power of 175,232 shares. These figures are shown in the ownership table in the amendment.
Does the 13G/A amendment indicate who can dispose of the WMG shares?
Yes. The filing shows sole dispositive power of 13,547,528 shares and shared dispositive power of 26 shares, detailing who can direct disposition of the securities.
What is the effective date tied to the ownership percentages reported?
The ownership percentages and share counts are tied to the filing's reporting date of 03/31/2026 as indicated on the Schedule 13G/A Amendment No. 3.
