Daniel Loeb acquired 1 Million Walt Disney Co (The) shares worth $124 Million. That's 2.50% of their equity portfolio (13th largest holding). The first Walt Disney Co (The) trade was made in Q2 2013. Since then Daniel Loeb bought shares three more times and sold shares on eight occasions. The stake costed the investor $111 Million, netting the investor a gain of 12% so far.
Shares of The Walt Disney Co. (NYSE: DIS) jumped about 4% yesterday after hedge fund Third Point LLC disclosed a new stake in the entertainment giant. As per...
BOSTON — Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first invested and began urging the m...