Daniel Loeb acquired 950 Thousand Walt Disney Co (The) shares worth $88.5 Million. That's 1.61% of their equity portfolio (15th largest holding). The first Walt Disney Co (The) trade was made in Q2 2013. Since then Daniel Loeb bought shares four more times and sold shares on nine occasions. The investor's estimated purchase price is $104 Million, resulting in a loss of 15%.
Third Point Investors reinitiated a significant position in The Walt Disney Company earlier this year. Click here for our brief investment thesis on DIS stock.
What’s New In Activism – Third Point Backtracks On ESPN Third Point Partners’ Dan Loeb backtracked on his push for a spinoff of sports broadcaster ESPN after...
The Walt Disney Company''s (NYSE: DIS) CEO, Bob Chapek rejected calls by an activist investor, Daniel Loeb''s Third Point LLC to spin off ESPN. In an intervi...
Activist investor Dan Loeb is the Chief Executive Officer and founder of hedge fund Third Point Management , which has recently opened a stake in The Walt Di...