The Walt Disney Co. (DIS) is a global entertainment company that operates a broad range of businesses, including theme parks, resorts, a cruise line, broadcast TV networks, and related products. Disney also produces live entertainment events, and produces and streams a wide range of film and TV entertainment content through its new digital streaming services.
The top shareholders of Disney are Robert A. Iger, Christine M. McCarthy, Alan N. Braverman, Vanguard Group Inc., BlackRock Inc. (BLK), and State Street Corp. (STT).
Disney's 12-month trailing net income and revenue are $5.4 billion and $78.2 billion, respectively. The company's market cap is about $214.6 billion. These financial data are as of July 10, 2020.
Below is a look in more detail at Disney's 6 biggest shareholders.
"Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. In this context, it has nothing to do with insider trading.
Top 3 Individual Insider Shareholders
Robert A. Iger
Robert A. Iger owns a total of 1,150,138 Disney shares, representing 0.06% of the company's total shares outstanding. Iger is Disney's Executive Chair and Chair of the Board of Directors. Prior to his appointment as Executive Chair in February of this year, he served as the company's Chief Executive Officer (CEO) for 15 years and Chair for 8 years. During his time as CEO, Iger dramatically expanded Disney's size and reach through internal growth and a series of major acquisitions, including Pixar (2006), Marvel (2009), Lucasfilm (2012), and 21st Century Fox (2019). Forbes estimated Iger's net worth to be $690 million as of May 2019.
Christine M. McCarthy
Christine M. McCarthy owns a total of 141,301 Disney shares, representing 0.01% of the company's total shares outstanding. McCarthy first joined Disney in 2000 and is currently the company's Senior Executive Vice President and Chief Financial Officer (CFO). She is responsible for overseeing the company's worldwide finances. Prior to becoming CFO in 2015, she served as Executive Vice President, Corporate Real Estate, Alliances and Treasurer. Before joining Disney in 2000, Ms. McCarthy was Executive Vice President and CFO of Imperial Bancorp. McCarthy also serves on the Boards of Directors of the Procter & Gamble Co. (PG).
Alan N. Braverman
Alan N. Braverman owns a total of 98,922 Disney shares, representing 0.01% of the company's total shares outstanding. Braverman is Senior Executive Vice President, General Counsel, and Secretary. He was first named Executive Vice President and General Counsel in January 2003, and is responsible for every aspect of the company's legal affairs worldwide. Previously, Braverman was executive vice president and general counsel of ABC Inc. and deputy general counsel of The Walt Disney Company. Braverman joined ABC Inc. in 1993 as deputy general counsel, two years before Disney bought Capital Cities / ABC Inc.
Top 3 Institutional Shareholders
Institutional investors hold the majority of Disney's shares at about 63-65% of total shares outstanding.
Vanguard Group Inc.
Vanguard Group owns 137.8 million shares of Disney, representing 7.6% of total shares outstanding, according to the company's 13F filing for the period ending March 31, 2020. The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management (AUM). The Vanguard S&P 500 ETF (VOO) is one of the company's largest exchange-traded funds (ETFs) with about $151 billion in AUM. Disney comprises 0.83% of VOO's holdings.
BlackRock Inc.
BlackRock owns 114.6 million shares of Disney, representing 6.3% of total shares outstanding, according to the company's 13F filing for the period ending March 31, 2020. The company is primarily a mutual fund and ETF management company with approximately $6.47 trillion in AUM. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock's largest ETFs with approximately $199 billion in AUM. Disney comprises 0.80% of IVV's holdings.
State Street Corp.
State Street owns 75.0 million shares of Disney, representing 4.1% of total shares outstanding, according to the company's 13F filing for the period ending March 31, 2020. The company is primarily a manager of mutual funds, ETFs and other assets with approximately $2.7 trillion in AUM. The SPDR S&P 500 ETF Trust (SPY) is among one of State Street's largest ETFs with approximately $279 billion in AUM. Disney comprises 0.81% of SPY's holdings.
Diversity & Inclusiveness of Disney
As part of our effort to improve the awareness of the importance of diversity in companies, we offer investors a glimpse into the transparency of more than just who are the shareholders at Disney. We highlight the company's commitment to diversity, inclusiveness, and social responsibility as a whole. Find out how Disney reports the diversity of its management and workforce. The ✔ shows if Disney discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall across a variety of markets.
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Employees | ✔ (U.S. Only) | ✔ |