Daily Journal
DJCO
43 hedge funds and large institutions have $108M invested in Daily Journal in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
0.06% more ownership
Funds ownership: 36.61% → 36.67% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
9% less funds holding
Funds holding: 47 → 43 (-4)
11% less capital invested
Capital invested by funds: $122M → $108M (-$13.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.6M |
| 2 |
RI
RWWM Inc
Rocklin,
California
|
+$1.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$485K |
| 4 |
SG Americas Securities
New York
|
+$340K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
-$1.78M |
| 2 |
Morgan Stanley
New York
|
-$383K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$304K |
| 4 |
Citigroup
New York
|
-$230K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$217K |
DJCO Hedge Fund Activity: Q1 2017 in Review
43 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q1 2017, worth a combined $108M — down 11% from $122M a quarter earlier.
Fund positioning in DJCO was balanced in Q1 2017: 3 funds opened new positions, 3 closed out, 16 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $11.6M. The largest seller was Sand Hill Global Advisors, cutting an estimated $1.78M.
- 43 institutional investors held Daily Journal (DJCO) as of Q1 2017, down from 47 in Q4 2016.
- Funds reported $108M of Daily Journal stock for Q1 2017, down 11% quarter-over-quarter.
- 3 funds opened new Daily Journal positions in Q1 2017 and 3 closed out, a net change of 0 holders.
- The largest Daily Journal buyer in Q1 2017 was BlackRock, an estimated $11.6M added.
- The largest Daily Journal seller in Q1 2017 was Sand Hill Global Advisors, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2017.