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Disposition Effect is the tendency of investors to sell winners shares quickly and maintain lossers shares. The results of previous studies on the Disposition Effect do not showed the same conclusions. Therefore, this study will retest the disposition effect by using cumulative returns, market capitalization, average level of stock trading turnover, capital gain overhang on manufacturing company shares listed on the Indonesia Stock Exchange. Sampling using the method purposive sampling, namely manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2018 and actively trading. The number of samples in this study were 62 companies. Tests using multiple linear regression statistical analysis. When referring to Grinblatt and Han (2002) capital gain overhang is a key variable that creates the benefits of applying the momentum strategy. However, the results of this study do not provide enough evidence that shows the presence of the Disposition Effect and the Disposition Effect is not strong enough to encourage Momentum in manufacturing companies listed on the Indonesia Stock Exchange in 2018. So it can be concluded that this study does not have a Disposition Effect and there is not enough Disposition evidence the effect of driving Momentum.