Chapman Investment Management LLC cut its stake in shares of The Walt Disney Company ( NYSE:DIS – Get Rating ) by 13.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,337 shares of the entertainment giant's stock after selling 7,104 shares during the period. Walt Disney makes up 3.6% of Chapman Investment Management LLC's portfolio, making the stock its 11th largest holding. Chapman Investment Management LLC's holdings in Walt Disney were worth $3,939,000 at the end of the most recent reporting period.

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