Nancy Pelosi Stock Portfolio: 5 Latest Stocks To Consider

4. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 113   

The Walt Disney Company (NYSE:DIS) operates as an entertainment company. According to the data available publicly, she exercised 100 CALL options (10,000 shares) with a strike price of $100 on The Walt Disney Company (NYSE:DIS) stock worth somewhere between $1,000,000 and $5,000,000 in late January this year. 

On July 7, Citi analyst Jason Bazinet maintained a Buy rating on The Walt Disney Company (NYSE:DIS) stock and lowered the price target to $145 from $165, noting that recession fears were leading to a decline in advertising and entertainment stocks. 

At the end of the first quarter of 2022, 113 hedge funds in the database of Insider Monkey held stakes worth $5.1 billion in The Walt Disney Company (NYSE:DIS), up from 111 the preceding quarter worth $6.9 billion.

In its Q1 2022 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and The Walt Disney Company (NYSE:DIS) was one of them. Here is what the fund said:

“The war in Ukraine has given new urgency to the question of whether globalization has reached a tipping point and if the familiar web of decentralized, just-in-time, global supply chains will be a casualty of the inward turn dividing countries into competing trading blocs. It is probably too soon to know. We sold The Walt Disney Company (NYSE:DIS), due to some concerns about the increasing capital intensity of its business amid signs of rising competition and slowing growth in streaming media consumption.”