Daily Journal
DJCO
42 hedge funds and large institutions have $114M invested in Daily Journal in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 4 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $105M → $114M (+$8.83M)
0.29% more ownership
Funds ownership: 37.43% → 37.72% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 44 → 42 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.9M |
| 2 |
BlackRock
New York
|
+$224K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$212K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$205K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.81M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$79.9K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$61K |
| 4 |
State Street
Boston,
Massachusetts
|
-$59.2K |
| 5 |
Bank of New York Mellon
New York
|
-$58.6K |
DJCO Hedge Fund Activity: Q3 2017 in Review
42 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2017, worth a combined $114M — up 8.4% from $105M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DJCO and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $1.9M. The largest seller was RWWM Inc, cutting an estimated $1.81M.
- 42 institutional investors held Daily Journal (DJCO) as of Q3 2017, down from 44 in Q2 2017.
- Funds reported $114M of Daily Journal stock for Q3 2017, up 8.4% quarter-over-quarter.
- 2 funds opened new Daily Journal positions in Q3 2017 and 4 closed out, a net change of -2 holders.
- The largest Daily Journal buyer in Q3 2017 was Bank of America, an estimated $1.9M added.
- The largest Daily Journal seller in Q3 2017 was RWWM Inc, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2017.