Walt Disney Company Sees Institutional Investor Buying Spree
GAMMA Investing LLC increased its ownership of Walt Disney Company's (NYSE:DIS) shares by 19.0% in the second quarter, according to a recent Securities and Exchange Commission filing.
The institutional investor bought an additional 6,411 shares during the quarter, bringing its total holdings to 40,130 shares worth $3,863,000 at the end of the reporting period.
This is not an isolated instance; several other institutional investors also purchased Walt Disney shares in the fourth quarter. For example, Swiss RE Ltd. acquired a new position in the company's stock during this time, valued at approximately $25,000.