Daily Journal
DJCO
52 hedge funds and large institutions have $127M invested in Daily Journal in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.63% less ownership
Funds ownership: 40.87% → 40.24% (-0.63%)
5% less funds holding
Funds holding: 55 → 52 (-3)
23% less capital invested
Capital invested by funds: $164M → $127M (-$37M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$480K |
| 2 |
BlackRock
New York
|
+$463K |
| 3 |
JP Morgan Chase
New York
|
+$387K |
| 4 |
State Street
Boston,
Massachusetts
|
+$272K |
| 5 |
SG Americas Securities
New York
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.35M |
| 2 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$1.05M |
| 3 |
Morgan Stanley
New York
|
-$401K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$372K |
| 5 |
Millennium Management
New York
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $4K | +$4.99K | +19 | New |
|
|
NCL
52
Nishkama Capital LLC
Dorado,
Puerto Rico
| – | -$1.05M | -3,600 | Closed |
|
|
53
Millennium Management
New York
| – | -$267K | -919 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$234K | -805 | Closed |
|
55
Boston Partners
Boston,
Massachusetts
| – | -$184K | -633 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$42K | -143 | Closed |
|
|
DI
57
DRH Investments
Thousand Oaks,
California
| – | -$1K | -1 | Closed |
|
DJCO Hedge Fund Activity: Q1 2020 in Review
52 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q1 2020, worth a combined $127M — down 23% from $164M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DJCO and 3 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was Nuveen, adding an estimated $480K. The largest seller was RWWM Inc, cutting an estimated $1.35M.
- 52 institutional investors held Daily Journal (DJCO) as of Q1 2020, down from 55 in Q4 2019.
- Funds reported $127M of Daily Journal stock for Q1 2020, down 23% quarter-over-quarter.
- 3 funds opened new Daily Journal positions in Q1 2020 and 6 closed out, a net change of -3 holders.
- The largest Daily Journal buyer in Q1 2020 was Nuveen, an estimated $480K added.
- The largest Daily Journal seller in Q1 2020 was RWWM Inc, an estimated $1.35M sold.
Based on aggregated 13F filings for Q1 2020.