Walt Disney Sees Institutional Investor Boost Amid Market Volatility
Iyo Bank Ltd., an institutional investor, has increased its stake in The Walt Disney Company (NYSE:DIS) by purchasing 105,780 shares of the entertainment giant's stock. This move was disclosed in Iyo Bank Ltd.'s most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The value of these purchased shares is approximately $10,181,000, making Walt Disney a significant holding for Iyo Bank Ltd., comprising about 3.1% of its investment portfolio.
This acquisition is part of a larger trend in which several institutional investors have been increasing their stakes in Walt Disney. For example, Brighton Jones LLC increased its holdings by 7.7% during the fourth quarter, while Sivia Capital Partners LLC lifted its stake by 31.9% in the second quarter.