Daily Journal
DJCO
58 hedge funds and large institutions have $216M invested in Daily Journal in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
69% more capital invested
Capital invested by funds: $128M → $216M (+$88.4M)
12% more funds holding
Funds holding: 52 → 58 (+6)
0.47% more ownership
Funds ownership: 38.34% → 38.82% (+0.47%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.38M |
| 2 |
JP Morgan Chase
New York
|
+$580K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$501K |
| 4 |
Morgan Stanley
New York
|
+$361K |
| 5 |
Goldman Sachs
New York
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.65M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$388K |
| 3 |
State Street
Boston,
Massachusetts
|
-$203K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$164K |
| 5 |
Millennium Management
New York
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $93K | +$50.2K | +177 | +328% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $66K | +$34.6K | +122 | +230% |
|
53
Legal & General Group
London,
United Kingdom
| $53K | -$851 | -3 | -2% |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $36K | – | – | – |
|
55
Rockefeller Capital Management
New York
| $20K | +$14.2K | +50 | New |
|
|
SPIA
56
Steward Partners Investment Advisory
New York
| $4K | +$2.84K | +10 | New |
|
|
AIG
57
American International Group
New York
| $267 | -$5.39K | -19 | -3% |
|
|
MAM
58
Martingale Asset Management
Boston,
Massachusetts
| – | -$388K | -1,600 | Closed |
|
59
Osaic Holdings
Scottsdale,
Arizona
| – | -$15K | -60 | Closed |
|
DJCO Hedge Fund Activity: Q4 2020 in Review
58 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q4 2020, worth a combined $216M — up 69% from $128M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DJCO positions and 2 closed out — a net gain of 6 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $1.38M. The largest seller was RWWM Inc, cutting an estimated $1.65M.
- 58 institutional investors held Daily Journal (DJCO) as of Q4 2020, up from 52 in Q3 2020.
- Funds reported $216M of Daily Journal stock for Q4 2020, up 69% quarter-over-quarter.
- 8 funds opened new Daily Journal positions in Q4 2020 and 2 closed out, a net change of +6 holders.
- The largest Daily Journal buyer in Q4 2020 was BlackRock, an estimated $1.38M added.
- The largest Daily Journal seller in Q4 2020 was RWWM Inc, an estimated $1.65M sold.
Based on aggregated 13F filings for Q4 2020.