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What smart money is saying about Walt DisneyUnited States flag

DIS · Communication Services · Entertainment · Market cap $171.72B

7 funds in our archive have pitched Walt Disney — most recently PM Capital in June 2026.

Company profile

Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series. This segment encompasses the management of well-known broadcast networks such as ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star, as well as renowned film studios responsible for productions under banners like Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures. The company also delivers content directly to consumers through its popular streaming platforms, including Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+. Further activities involve licensing its film and television content to external broadcasters and subscription video-on-demand services, overseeing theatrical releases, home entertainment distribution, and music distribution, staging and licensing live entertainment spectacles, and offering specialized post-production services via Industrial Light & Magic and Skywalker Sound. The "Parks, Experiences and Products" segment manages a celebrated collection of global theme parks and resorts, which notably includes Walt Disney World Resort in Florida, Disneyland Resort in California, Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort. This division also features the Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, Adventures by Disney, and Aulani, a resort and spa located in Hawaii. The company extends its brand presence by licensing its intellectual property to a third party for the operations of the Tokyo Disney Resort. A substantial part of this segment involves consumer products, where Disney licenses its iconic trade names, characters, visual elements, literary works, and other intellectual property for use on a diverse range of merchandise, published materials, and games. Moreover, it sells branded merchandise directly through its retail stores, online platforms, and wholesale channels, and actively develops and publishes various books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.

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Summarize with Warren AI
3
Reported positions
0
Bought
1
Sold
12
Letters

Position history

Between Q1 2025 and Q3 2026, 3 fund letters reported a position in Walt Disney1 trimmed or exited.

Fund letters reporting a position in Walt Disney, by quarter
QuarterLettersBoughtSoldTheses
Q3 20262000
Q2 20261011
Q1 20260002
Q3 20250001
Q2 20250002
Q1 20250001

Fund activity · 3 positions · 1 move

Also mentioned · 2

These funds discuss Walt Disney — as a competitor, benchmark or comparable — without disclosing a position in it.

Fund coverage · 7 theses

  • PM Capital
    June 2026

    Walt Disney is valued below the quality of its IP-driven assets and has attractive earnings and free cash flow growth potential.

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  • Walt Disney is a diversified media and entertainment company with strong streaming and Experiences growth, plus valuation upside.

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  • KNA Capital
    February 2026

    The Walt Disney Company owns irreplaceable nostalgia-driven IP with strength in its Experiences segment and new leadership that could improve performance from a fair entry price.

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  • Disney is a high-quality EPS compounder with strong growth potential from its DTC segment and successful Experiences business.

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  • Disney is transforming its video and film distribution to streaming, growing its subscriber base and profitability while launching a direct-to-consumer ESPN product for live sports.

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  • Walt Disney Company is a strong investment opportunity due to a recent stock pullback, expected growth in Disney+ subscribers, increased revenue per user, margin improvements in streaming, and successful licensing leading to significant operating income growth.

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  • Walt Disney is positioned for growth as it shifts focus to improving profitability and margins in its streaming service, which we believe will lead to better earnings than currently expected.

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