Bowen Hanes & Co. Inc. cut its stake in The Walt Disney Company ( NYSE:DIS – Free Report ) by 2.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,955 shares of the entertainment giant's stock after selling 1,610 shares during the period. Bowen Hanes & Co. Inc.'s holdings in Walt Disney were worth $7,706,000 at the end of the most recent reporting period. A number of other hedge funds also recently added to or reduced their stakes in DIS.

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