Daily Journal
DJCO
55 hedge funds and large institutions have $164M invested in Daily Journal in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
18% more capital invested
Capital invested by funds: $139M → $164M (+$24.6M)
15% more funds holding
Funds holding: 48 → 55 (+7)
0.13% more ownership
Funds ownership: 40.74% → 40.87% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.15M |
| 2 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$1.01M |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$595K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$427K |
| 5 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.07M |
| 2 |
RI
RWWM Inc
Rocklin,
California
|
-$1.03M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$581K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$542K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$412K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $26K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $18K | +$17.6K | +63 | New |
|
|
DWA
53
Dorsey Wright & Associates
Pasadena,
California
| $12K | +$11.2K | +40 | New |
|
|
DI
54
DRH Investments
Thousand Oaks,
California
| $1K | +$280 | +1 | New |
|
|
55
Jane Street
New York
| – | -$1.07M | -4,327 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$212K | -855 | Closed |
|
DJCO Hedge Fund Activity: Q4 2019 in Review
55 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q4 2019, worth a combined $164M — up 18% from $139M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DJCO positions and 2 closed out — a net gain of 7 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $1.15M. The largest seller was Jane Street, exiting entirely with an estimated $1.07M sold.
- 55 institutional investors held Daily Journal (DJCO) as of Q4 2019, up from 48 in Q3 2019.
- Funds reported $164M of Daily Journal stock for Q4 2019, up 18% quarter-over-quarter.
- 9 funds opened new Daily Journal positions in Q4 2019 and 2 closed out, a net change of +7 holders.
- The largest Daily Journal buyer in Q4 2019 was BlackRock, an estimated $1.15M added.
- The largest Daily Journal seller in Q4 2019 was Jane Street, an estimated $1.07M sold.
Based on aggregated 13F filings for Q4 2019.