Close Asset Management Reduces Walt Disney Stake

Investment firm cuts holdings in entertainment giant by 9.7% in Q3

Published on Feb. 27, 2026

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Close Asset Management Ltd, an institutional investor, reduced its holdings in The Walt Disney Company (NYSE: DIS) by 9.7% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 81,366 shares of the entertainment giant's stock, valued at $9.31 million.

Why it matters

This reduction in Disney holdings by Close Asset Management is noteworthy as it suggests the investment firm may have concerns about the company's performance or outlook. As a major institutional investor, Close Asset Management's moves can provide insights into broader market sentiment around Disney.

The details

According to the 13F filing, Close Asset Management sold 8,735 shares of Disney stock during the third quarter, leaving the firm with a total of 81,366 shares. The filing indicates the firm's Disney holdings were valued at $9.31 million at the end of the reporting period.

  • Close Asset Management filed the 13F report for the third quarter of 2026.

The players

Close Asset Management Ltd

An institutional investment firm that manages a portfolio of assets, including shares in The Walt Disney Company.

The Walt Disney Company

A diversified global entertainment and media conglomerate headquartered in Burbank, California, known for its iconic intellectual property and family-oriented content.

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The takeaway

This reduction in Disney holdings by Close Asset Management could signal broader concerns about the entertainment company's performance or outlook among some institutional investors. However, it's important to note that a single firm's portfolio adjustments do not necessarily reflect the overall market sentiment towards Disney.