Daily Journal
DJCO
50 hedge funds and large institutions have $130M invested in Daily Journal in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
6% more funds holding
Funds holding: 47 → 50 (+3)
5% more capital invested
Capital invested by funds: $124M → $130M (+$5.93M)
0.18% more ownership
Funds ownership: 38.8% → 38.98% (+0.18%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$241K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$203K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$199K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$198K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
-$282K |
| 2 |
RI
RWWM Inc
Rocklin,
California
|
-$273K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$205K |
| 4 |
Morgan Stanley
New York
|
-$162K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$20K |
DJCO Hedge Fund Activity: Q3 2018 in Review
50 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2018, worth a combined $130M — up 4.8% from $124M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DJCO positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $241K. The largest seller was Sand Hill Global Advisors, cutting an estimated $282K.
- 50 institutional investors held Daily Journal (DJCO) as of Q3 2018, up from 47 in Q2 2018.
- Funds reported $130M of Daily Journal stock for Q3 2018, up 4.8% quarter-over-quarter.
- 5 funds opened new Daily Journal positions in Q3 2018 and 2 closed out, a net change of +3 holders.
- The largest Daily Journal buyer in Q3 2018 was BlackRock, an estimated $241K added.
- The largest Daily Journal seller in Q3 2018 was Sand Hill Global Advisors, an estimated $282K sold.
Based on aggregated 13F filings for Q3 2018.