JPMorgan holds 9.2% of Warner Music Group Class A

Warner Music Group Corp. ownership disclosure: JPMorgan reports beneficial ownership of 13,547,554 shares of Class A Common Stock, representing 9.2% of the class as of 03/31/2026.

Rhea-AI Filing Summary

Warner Music Group Corp. ownership disclosure: JPMorgan reports beneficial ownership of 13,547,554 shares of Class A Common Stock, representing 9.2% of the class as of 03/31/2026. The filing lists 12,681,060 shares with sole voting power and 13,547,528 shares with sole dispositive power. The statement names multiple JPMorgan affiliates as holders.

Insights

Institutional Ownership Analyst

Large passive stake disclosed by JPMorgan affiliates.

JPMorgan entities report holding 13,547,554 shares of Warner Music Group Class A, equal to 9.2% as of 03/31/2026. The filing breaks down voting and dispositive powers across several JPMorgan subsidiaries.

The position is presented as a beneficial ownership disclosure rather than an active trade; cash‑flow treatment and intent are not stated in the excerpt. Subsequent filings or statements from the reporting entities would clarify investment purpose.

Corporate Governance Specialist

Disclosure shows multiple affiliated entities and concentrated voting control.

The schedule lists J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Limited, JPMorgan Chase Bank, N.A., J.P. Morgan Investment Management Inc., and others as relevant subsidiaries. The filing attributes 12,681,060 shares of sole voting power to the reporting group.

This filing establishes the public record of beneficial ownership and voting influence; any governance impact depends on future voting decisions by the named affiliates. Timing and any planned voting coordination are not disclosed in the excerpt.

Key Figures

Beneficial ownership: 13,547,554 shares Percent of class: 9.2% Sole voting power: 12,681,060 shares +2 more

5 metrics

Beneficial ownership 13,547,554 shares as of <date>03/31/2026</date>

Percent of class 9.2% Class A Common Stock as of <date>03/31/2026</date>

Sole voting power 12,681,060 shares reported sole power to vote or direct the vote

Sole dispositive power 13,547,528 shares reported sole power to dispose or direct disposition

Shared voting power 175,232 shares reported shared power to vote or direct the vote

Key Terms

Schedule 13G/A, Beneficially owned, Sole dispositive power, Sole voting power

4 terms

Schedule 13G/A regulatory

"(Amendment No. 3 ) Warner Music Group Corp."

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 owned regulatory

"Item 4. | Ownership (a) | Amount beneficially owned: 13,547,554"

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 power regulatory

"(iii) Sole power to dispose or to direct the disposition of: 13,547,528"

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.

Sole voting power regulatory

"(i) Sole power to vote or to direct the vote: 12,681,060"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does JPMorgan report in Warner Music Group (WMG)?

JPMorgan reports beneficial ownership of 13,547,554 shares, equal to 9.2% of WMG Class A stock as of 03/31/2026. The schedule attributes specific voting and dispositive powers across JPMorgan affiliates.

Which JPMorgan entities are named in the filing for WMG (WMG)?

The filing lists several affiliates including J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Limited, JPMorgan Chase Bank, N.A., and J.P. Morgan Investment Management Inc. among others as holders.

How much voting power does the reporting group hold in WMG (WMG)?

The disclosure shows 12,681,060 shares with sole voting power and 175,232 shares with shared voting power, as reported in the schedule. The filing separates sole and shared voting counts explicitly.

Does the filing state whether JPMorgan plans to sell or buy additional WMG shares?

The schedule records beneficial ownership and power breakdowns but does not state any buy or sell intentions. The excerpt provides holdings and voting/dispositive counts without describing transaction plans.

What is the difference between sole dispositive power and sole voting power in this filing?

Sole voting power (12,681,060 shares) refers to the power to vote shares, while sole dispositive power (13,547,528 shares) refers to the power to direct disposition. Both figures are listed separately in the schedule.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/12/2026 - 09:27 AM EDT Learn about SEC filing dates

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, NEW YORK, 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: 13,547,554
(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: 12,681,060
	(ii) Shared power to vote or to direct the vote: 175,232
	(iii) Sole power to dispose or to direct the disposition of: 13,547,528
	(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.
	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.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	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.

JPMORGAN CHASE & CO

Signature:	Rachel Tsvaygoft
Name/Title:	Vice President
Date:	05/12/2026