- Quarter end
- 31 Dec 2023
- the date the book describes
- Filed
- 5 Nov 2026
- latest of these filings; the earliest 2 Feb 2024
- Managers listing it
- 39
- at least, of 95 tracked, among listed positions
- Comparable managers
- 93
- filed both Q3 2023 and Q4 2023; 30 listed it in both
- Shares listed
- 138,375,878
- combined, among listed positions
- Reported value
- $12.5bn
- combined, at the quarter end
Among the 93 comparable managers: 23 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing DIS in Q4 2023
39 of 39 holders
What managers have written about DIS
Shown because the letter names the company. A letter is commentary; it is not a record of why a position changed.
- Trian's March 2024 letter to Disney shareholders18 Mar 2024 · Activist letter · Subject of the letter · Trian Fund Management LP’s 13F
- Before the letter
- 31 Dec 2023 (Q4 2023 13F): 32,337,856 shares, reported at $2.9bn.
- After the letter
- 31 Mar 2024 (Q1 2024 13F): 32,337,856 shares, reported at $4.0bn.
The same number of shares in both filings: 32,337,856.
Largest increases and reductions, by shares
Increases
- Fidelity (FMR LLC)existing position · 19,116,757 shares now+9,878,982
- ValueAct Holdings LPnew position · 5,086,331 shares now+5,086,331
- Jane Street Group LLCexisting position · 4,404,265 shares now+2,384,516
- Renaissance Technologies LLCexisting position · 1,693,227 shares now+1,100,700
- Marshall Wace LLPexisting position · 2,037,813 shares now+598,111
Reductions
- Susquehanna International Group LLPexisting position · 2,033,005 shares now-1,581,556
- Millennium Management LLCexisting position · 2,546,464 shares now-1,382,694
- Wellington Management Group LLPexisting position · 2,824,561 shares now-1,224,298
- Trian Fund Management LPexisting position · 32,337,856 shares now-530,451
- Neuberger Berman Group LLCexisting position · 1,413,876 shares now-81,147
New positions and exits
New (2)
- ValueAct Holdings LP$459m
- Winton Group Ltd$2.2m
Exited (2)
- Hudson Bay Capital Management LPwas $52m
- Moore Capital Management LPwas $5.2m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 26 | $14.7bn | n.a. | n.a. |
| Q3 2013 | 31 | $15.2bn | n.a. | n.a. |
| Q4 2013 | 24 | $17.5bn | n.a. | n.a. |
| Q1 2014 | 25 | $16.9bn | n.a. | n.a. |
| Q2 2014 | 25 | $17.1bn | n.a. | n.a. |
| Q3 2014 | 25 | $17.4bn | n.a. | n.a. |
| Q4 2014 | 28 | $16.9bn | n.a. | n.a. |
| Q1 2015 | 33 | $18.2bn | n.a. | n.a. |
| Q2 2015 | 30 | $19.5bn | n.a. | n.a. |
| Q3 2015 | 25 | $15.6bn | n.a. | n.a. |
| Q4 2015 | 27 | $15.0bn | n.a. | n.a. |
| Q1 2016 | 27 | $12.2bn | n.a. | n.a. |
| Q2 2016 | 24 | $10.3bn | n.a. | n.a. |
| Q3 2016 | 24 | $9.6bn | n.a. | n.a. |
| Q4 2016 | 31 | $12.4bn | n.a. | n.a. |
| Q1 2017 | 33 | $13.3bn | n.a. | n.a. |
| Q2 2017 | 27 | $11.8bn | n.a. | n.a. |
| Q3 2017 | 25 | $9.1bn | n.a. | n.a. |
| Q4 2017 | 27 | $10.1bn | n.a. | n.a. |
| Q1 2018 | 28 | $10.2bn | n.a. | n.a. |
| Q2 2018 | 32 | $10.2bn | n.a. | n.a. |
| Q3 2018 | 31 | $12.2bn | n.a. | n.a. |
| Q4 2018 | 34 | $10.5bn | n.a. | n.a. |
| Q1 2019 | 46 | $16.2bn | n.a. | n.a. |
| Q2 2019 | 41 | $18.8bn | n.a. | n.a. |
| Q3 2019 | 33 | $16.0bn | n.a. | n.a. |
| Q4 2019 | 39 | $17.8bn | n.a. | n.a. |
| Q1 2020 | 30 | $10.0bn | n.a. | n.a. |
| Q2 2020 | 29 | $12.1bn | n.a. | n.a. |
| Q3 2020 | 42 | $14.2bn | n.a. | n.a. |
| Q4 2020 | 44 | $25.0bn | n.a. | n.a. |
| Q1 2021 | 47 | $24.2bn | n.a. | n.a. |
| Q2 2021 | 38 | $24.0bn | n.a. | n.a. |
| Q3 2021 | 31 | $22.0bn | n.a. | n.a. |
| Q4 2021 | 34 | $19.0bn | n.a. | n.a. |
| Q1 2022 | 36 | $13.3bn | n.a. | n.a. |
| Q2 2022 | 36 | $10.0bn | n.a. | n.a. |
| Q3 2022 | 30 | $9.6bn | n.a. | n.a. |
| Q4 2022 | 31 | $9.3bn | n.a. | n.a. |
| Q1 2023 | 30 | $10.3bn | n.a. | n.a. |
| Q2 2023 | 36 | $8.9bn | n.a. | n.a. |
| Q3 2023 | 35 | $9.4bn | n.a. | n.a. |
| Q4 2023 | 39 | $12.5bn | 23 | 16 |
| Q1 2024 | 33 | $18.7bn | 18 | 16 |
| Q2 2024 | 41 | $13.0bn | 27 | 16 |
| Q3 2024 | 33 | $13.9bn | 19 | 19 |
| Q4 2024 | 40 | $16.1bn | 23 | 16 |
| Q1 2025 | 46 | $14.1bn | 27 | 18 |
| Q2 2025 | 42 | $18.2bn | 18 | 24 |
| Q3 2025 | 40 | $17.3bn | 23 | 16 |
| Q4 2025 | 40 | $18.6bn | 28 | 22 |
| Q1 2026 | 35 | $16.3bn | 26 | 26 |
| Q2 2026 | 26 | $15.2bn | 18 | 29 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
DIS and AMZN →DIS and TSLA →DIS and HD →Choose a stock to compare with DIS →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own DIS, latest filings →Back to the 13F Explorer →