Daily Journal
DJCO
55 hedge funds and large institutions have $152M invested in Daily Journal in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2.52% more ownership
Funds ownership: 39.96% → 42.48% (+2.5%)
0% more funds holding
Funds holding: 55 → 55 (0)
12% less capital invested
Capital invested by funds: $172M → $152M (-$20.3M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$8.54M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.07M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$928K |
| 5 |
Renaissance Technologies
New York
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$527K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$448K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$375K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$321K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
51
Credit Suisse
Zurich,
Switzerland
| $2K | +$1.89K | +7 | New |
|
52
US Bancorp
Minneapolis,
Minnesota
| $2K | +$2.42K | +9 | New |
|
|
QCG
53
Quadrant Capital Group
Cincinnati,
Ohio
| $1K | +$808 | +3 | New |
|
|
54
AQR Capital Management
Greenwich,
Connecticut
| – | -$448K | -1,435 | Closed |
|
|
55
Citadel Advisors
Miami,
Florida
| – | -$375K | -1,201 | Closed |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| – | -$321K | -1,028 | Closed |
|
|
MA
57
Mutual Advisors
Omaha,
Nebraska
| – | -$249K | -797 | Closed |
|
58
Two Sigma Investments
New York
| – | -$217K | -697 | Closed |
|
|
ET
59
Equitable Trust
Nashville,
Tennessee
| – | -$208K | -666 | Closed |
|
|
MRCM
60
M&R Capital Management
Summit,
New Jersey
| – | -$45K | -145 | Closed |
|
61
Rockefeller Capital Management
New York
| – | -$15K | -50 | Closed |
|
|
AF
62
Allworth Financial
Folsom,
California
| – | +$269 | +1 | New |
|
DJCO Hedge Fund Activity: Q2 2022 in Review
55 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q2 2022, worth a combined $152M — down 12% from $172M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DJCO positions and 8 closed out — a net gain of 1 holder — while 13 added to existing stakes and 18 trimmed.
The largest buyer was RWWM Inc, adding an estimated $8.54M. The largest seller was Russell Investments Group, cutting an estimated $527K.
- 55 institutional investors held Daily Journal (DJCO) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $152M of Daily Journal stock for Q2 2022, down 12% quarter-over-quarter.
- 9 funds opened new Daily Journal positions in Q2 2022 and 8 closed out, a net change of +1 holder.
- The largest Daily Journal buyer in Q2 2022 was RWWM Inc, an estimated $8.54M added.
- The largest Daily Journal seller in Q2 2022 was Russell Investments Group, an estimated $527K sold.
Based on aggregated 13F filings for Q2 2022.