Daily Journal
DJCO
36 hedge funds and large institutions have $63.6M invested in Daily Journal in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
37% more capital invested
Capital invested by funds: $46.6M → $63.6M (+$17M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
+$1.55M |
| 2 |
Morgan Stanley
New York
|
+$1.14M |
| 3 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
+$795K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$468K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPCM
Osborne Partners Capital Management
San Francisco,
California
|
-$1.31M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$215K |
| 3 |
RI
RWWM Inc
Rocklin,
California
|
-$142K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$62K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$61.2K |
DJCO Hedge Fund Activity: Q3 2013 in Review
36 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2013, worth a combined $63.6M — up 37% from $46.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DJCO positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Sand Hill Global Advisors, opening a new position worth an estimated $1.55M. The largest seller was Osborne Partners Capital Management, exiting entirely with an estimated $1.31M sold.
- 36 institutional investors held Daily Journal (DJCO) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $63.6M of Daily Journal stock for Q3 2013, up 37% quarter-over-quarter.
- 6 funds opened new Daily Journal positions in Q3 2013 and 4 closed out, a net change of +2 holders.
- The largest Daily Journal buyer in Q3 2013 was Sand Hill Global Advisors, an estimated $1.55M added.
- The largest Daily Journal seller in Q3 2013 was Osborne Partners Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2013.