DIS: One Stock Superinvestors Are Dumping: Is It Time To Sell?

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As part of the weekly research here at The Acquirer’s Multiple we’re always interested in superinvestors who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.

While doing this research we’ve also uncovered a number of stocks that superinvestors have sold, or reduced in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Selling‘. This week we’ll take a look at:
 

Walt Disney Co (DIS)

Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm’s ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney’s own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney’s theme parks and vacation destinations, and also benefits from merchandise licensing.

A quick look at the price chart below for the company shows us that the stock is up 0.86% in the past twelve months.

Source: Google Finance

Superinvestors who reduced, or sold out of the company’s stock, according to their latest 13Fs, include:

(Remaining shares)

  • Jeffrey Ubben – 6,566,031
  • Jean-Marie Eveillard – 3,456,607
  • Donald Yacktman – 1,507,524
  • Cliff Asness – 811,981
  • Mario Gabelli – 303,047
  • Joel Greenblatt – 283,585
  • Ken Fisher – 54,162
  • Rich Pzena – 6,506

More By This Author:

CVS: One Stock Superinvestors Are Loading Up On
10 Worst Performing Large-Caps Last 12 Months
Teekay Tankers Ltd: Is This Deeply Undervalued Stock A Hidden Gem?

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