Daily Journal
DJCO
54 hedge funds and large institutions have $180M invested in Daily Journal in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 4 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
18% more capital invested
Capital invested by funds: $152M → $180M (+$27.8M)
0.4% more ownership
Funds ownership: 45.41% → 45.81% (+0.4%)
0% more funds holding
Funds holding: 54 → 54 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$912K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$780K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$342K |
| 4 |
Millennium Management
New York
|
+$323K |
| 5 |
VF
Virtu Financial
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$557K |
| 2 |
Goldman Sachs
New York
|
-$386K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$330K |
| 4 |
JP Morgan Chase
New York
|
-$210K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS AM
Chicago,
Illinois
| $11.1K | +$11.3K | +39 | New |
|
52
Citigroup
New York
| $8.83K | +$6.08K | +21 | +210% |
|
|
HNB
53
Huntington National Bank
Columbus,
Ohio
| $7.98K | +$3.48K | +12 | +75% |
|
54
First Manhattan
New York
| $284 | – | – | – |
|
|
55
Invesco
Atlanta,
Georgia
| – | -$330K | -1,316 | Closed |
|
|
56
AllianceBernstein
Nashville,
Tennessee
| – | -$200K | -800 | Closed |
|
57
Lazard Asset Management
New York
| – | -$24K | -97 | Closed |
|
|
EI
58
Ellevest Inc
New York
| – | -$251 | -1 | Closed |
|
DJCO Hedge Fund Activity: Q1 2023 in Review
54 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q1 2023, worth a combined $180M — up 18% from $152M a quarter earlier.
Fund positioning in DJCO was balanced in Q1 2023: 4 funds opened new positions, 4 closed out, 21 added to existing stakes and 11 trimmed.
The largest buyer was RWWM Inc, adding an estimated $912K. The largest seller was BlackRock, cutting an estimated $557K.
- 54 institutional investors held Daily Journal (DJCO) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $180M of Daily Journal stock for Q1 2023, up 18% quarter-over-quarter.
- 4 funds opened new Daily Journal positions in Q1 2023 and 4 closed out, a net change of 0 holders.
- The largest Daily Journal buyer in Q1 2023 was RWWM Inc, an estimated $912K added.
- The largest Daily Journal seller in Q1 2023 was BlackRock, an estimated $557K sold.
Based on aggregated 13F filings for Q1 2023.