The Walt Disney Company (DIS) is one of the world’s biggest and most beloved media and entertainment companies. Headquartered in Burbank, California, it was founded in 1923 and has been known by several previous names. These include the Disney Brothers Studio, Walt Disney Studio, and Walt Disney Productions.
Although best known for children’s animation movies, it has since expanded into theme parks, publishing, streaming services, broadcasting, and consumer products.
Some of the companies currently owned by Disney include Marvel Studios, Hulu, ESPN+, National Geographic, Disney Experiences, Hotstar, Searchlight Pictures, and 20th Century Animation.
As of February 2024, the company had about 1.8 billion shares outstanding. That was considerably more than competitors like Netflix and AMC Networks, but quite a step less than Warner Bros Discovery.
At the time of writing, the company had a market capitalization of about $176.18 billion, while its share price was trading at $96.05, having reached an almost 9-month high on January 29, 2024.
Regarding its stock classes and divisions, Disney mainly has two kinds of stock, preferred and common.
Preferred stocks don’t have any voting rights, however, they have priority when it comes to earnings and asset distribution. Common stocks have voting rights and can bring dividends to shareholders.
As such, investors who own common stock are seen as the real owners of Disney, as they can influence the management and decisions.
Who Owns the Most Disney Stock?
Disney shares are mostly owned by a mix of individual investors and insiders such as the company’s top management, as well as massive asset managers and investment banks such as the Vanguard Group and Morgan Stanley.
There are about 3,678 Disney shareholders, including institutions, accounting for about 64.93% of outstanding shares, according to Yahoo Finance as of February 1, 2024. Insiders hold about 0.06% of outstanding shares, while other investors hold the rest.
Top 5 Disney Individual Investors
Robert Allen Iger
Robert Allen Iger, better known as Bob Iger, the current Chief Executive Officer of Disney, owned 184,192 shares as of December 19, 2023, according to GuruFocus.
Previously at the American Broadcasting Company and Capital Cities/ABC, Iger first became the President of Disney in 2000 and CEO in 2005.
He is credited for growing Disney’s market capitalization and adding to the company’s intellectual property. He further cemented the company’s presence in international markets. Iger also oversaw several key acquisitions, including Marvel Entertainment, Lucasfilm, Pixar, and 21st Century Fox’s entertainment arm.
He also significantly grew Disney’s theme parks in parts of Asia and led renovations and the freshening of Walt Disney Animation Studios.
Brent A. Woodford
Brent A. Woodford is another key person who owns Disney, having 33,586 shares as of December 19, 2023.
He is the Executive Vice President, Controllership, Finance and Tax of the company, and mainly oversees tax functions and shared service financial activities.
As such, he looks after the company’s internal and external financial reporting, as well as cash flow, operating profit, and capital spending plans. Woodford also provides administrative oversight of Disney’s Management Audit.
Woodford joined Disney in 2023, and was previously at Yum! Brands, owned by PepsiCo, as well A.G Edwards & Sons, KPMG, and Coopers & Lybrand.
Maria Elena Lagomasino
Maria Elena Lagomasino, the company’s Director since 2015, is another key Disney owner with about 26,682 shares as of September 30, 2023.
She has been the Chief Executive Officer and Managing Partner of WE Family Offices since 2013.
From 2005 to 2012, she was also the CEO of GenSpring Family Offices, affiliated with SunTrust Banks. She was the Chairman and CEO of JPMorgan Private Bank from 2001 to 2005. Before that, she was also the Managing Director of The Chase Manhattan Bank, overseeing the Global Private Banking Group.
Apart from this, she is the founder of the Institute for the Fiduciary Standard and a member of the Council on Foreign Relations. From 2007 to 2015, she was also a Trustee of the National Geographic Society.
Mark G. Parker
Mark G. Parker, is another important Disney shareholder, with about 22,956 shares as of September 30, 2023.
He has been the Chairman of the Board since April 2003 and a Director since 2016.
Apart from that, Parker is the Executive Chairman of Nike. He has been the Chairman of Nike since 2016 but has been with the company in various design, marketing, and product research and development roles since 1979.
Mary T. Barra
Mary T Barra closes the list of top five Disney individual shareholders with about 17,181 shares as of September 30, 2023.
She has been a Director of Disney since 2017.
Barra has been also the Chief Executive Officer of General Motors since 2014, as well as the Chair of the company since 2016.
Top 5 Disney Institutional Investors
As of September 29, 2023, these were the largest institutional shareholders of Disney:
Vanguard Group owned 149,887,754 shares, which accounted for 8.17% of outstanding shares and was valued at approximately $14,612,556,817.
Known as one of the Big Three asset managers, along with State Street and BlackRock, the company was founded 48 years ago in 1975.
Blackrock offers trust services, pensions, stocks and shares ISAs, brokerage services as well as exchange-traded funds and mutual funds. The majority of its funds are divided into two segments, admiral shares and investor shares. The difference between the two is that admiral shares need larger minimum investments, but have relatively less expense ratios.
Tim Buckley is Vanguard’s Chairman and Chief Executive Officer, Matthew Benchener is the Managing Director of Vanguard Personal Investor, and John James is the Managing Director of Vanguard’s Institutional Investor Group.
BlackRock, another major institutional Disney owner, held 118,691,454 shares, worth about $11,571,229,596. This was about 6.47% of the company’s outstanding shares.
Founded 36 years ago in 1988, today Blackrock is one of the biggest and best-known financial services companies in the world.
BlackRock specializes in risk and asset management services and offers advice regarding portfolio management, capital markets, and asset segmentation. The company has many clients, including financial advisors, educational and non-profit organizations, individuals, insurance companies, and governments.
Although it has long tried to reshape itself as an environmental, social, and governance (ESG) pioneer, it has faced heavy backlash due to investing in fossil fuel and arms companies in the past. Larry Fink is the current chairman and CEO of BlackRock.
State Street Corporation
State Street Corporation owned 72,607,200 shares, valued at $7,078,475, 772. This was about 3.96% of outstanding shares.
Founded 231 years ago in 1792, State Street is one of the longest-standing American financial services companies.
Some of its branches include State Street Global Services, State Street Global Advisors, and State Street Global Markets. The company provides valuation and pricing services, as well as asset management services across a wide range of classes. These include private equity, fixed income, real estate, and derivatives.
Ronald Philip O’Hanley is the Chairman, President and Chief Executive Officer of State Street, while Eric W. Aboaf is the Vice Chairman and Chief Financial Officer. Mostapha Tahiri is the Chief Operating Officer.
Morgan Stanley had 44,318,444 shares to its name, accounting for about 2.42% of outstanding shares and clocking in at $4,320,605,010.
Founded 89 years ago in 1935, the company is based in New York City and is one of the biggest investment banks in the world today.
It operates through three major segments: Institutional Securities, Wealth Management, and Investment Management. The company has offices in about 41 countries.
Ted Pick is the Chief Executive Officer, James P Gorman is the executive chairman, and Sharon Yeshaya is the Executive Vice President and Chief Financial Officer.
Geode Capital Management
Geode Capital Management had 33,935,205 shares, worth about $3,308,343,062. This was approximately 1.85% of outstanding shares.
Founded 23 years ago in 2001, the company is based in Boston, Massachusetts.
With more than $1 trillion in assets under management, the company was originally created by Fidelity Investments and offers mainly quantitative funds and index funds. It also provides discretionary investment services and digital advice.
David Lane is the President and Chief Executive Officer, Sorin Condreanu is the Chief Financial Officer, and Jeffrey Miller is the Chief Operating Officer.
Disney is one of the biggest media and entertainment companies in the world, with several subsidiaries such as Hulu, Hotstar, National Geographic, and Marvel Studios. The company currently has about 1.8 billion outstanding shares and a market capitalization of about $176.18 at the time of writing.
The company’s stock is divided into preferred and common. Preferred shares are given first preference when it comes to assets and earnings, but owners of common stock have a say in the management and decisions of the company through voting rights.
Who owns the Walt Disney Company?
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Who owns the most shares of Disney?
- Number of shares outstanding for Walt Disney (DIS) (CompaniesMarketCap)
- The Walt Disney Company (DIS) (Yahoo Finance)
- The Walt Disney Co Stock Institutional Ownership and Insider Ownership (GuruFocus)