Wedge Capital Boosts Stake in Disney Amid Uncertainty

Got story updates? Submit your updates here. ›

Wedge Capital Management L L P NC, a North Carolina-based investment firm, increased its stake in The Walt Disney Company by 12.2% in the fourth quarter of 2025, according to a recent SEC filing. The move comes as Disney faces a mix of positive and negative market sentiment surrounding its parks recovery, media/tech initiatives, and leadership transition.

Why it matters

Disney's stock has been volatile in recent months as the company navigates a shifting media landscape and implements a new strategic vision under its recently appointed CEO. Wedge Capital's increased position suggests some institutional investors see value in Disney's long-term potential, even as the market debates the company's near-term execution risks.

The details

According to the 13F filing, Wedge Capital now owns 307,511 shares of Disney, up from 274,992 shares in the prior quarter. The firm's total Disney holdings are valued at nearly $35 million. The increased stake comes as Disney grapples with both positive and negative market sentiment - analysts have highlighted the strength of the company's theme parks and intellectual property, but also concerns over its technology partnerships and strategic direction under new leadership.

• Wedge Capital filed its 13F report for the fourth quarter of 2025 on March 28, 2026.
• The firm increased its Disney stake by 12.2% compared to the previous quarter.

What’s next

Investors will be closely watching Disney's upcoming earnings report and any updates on the company's strategic initiatives under its new leadership team.