Daily Journal
DJCO
56 hedge funds and large institutions have $195M invested in Daily Journal in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
2% more funds holding
Funds holding: 55 → 56 (+1)
1.41% more ownership
Funds ownership: 46.57% → 47.99% (+1.4%)
5% more capital invested
Capital invested by funds: $186M → $195M (+$8.77M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$5.95M |
| 2 |
Two Sigma Investments
New York
|
+$412K |
| 3 |
Two Sigma Advisers
New York
|
+$353K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$218K |
| 5 |
BlackRock
New York
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$759K |
| 2 |
Millennium Management
New York
|
-$444K |
| 3 |
Goldman Sachs
New York
|
-$360K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$226K |
| 5 |
Citigroup
New York
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $29.4K | – | – | – |
|
|
MLICM
52
Metropolitan Life Insurance Company (MetLife)
New York
| $21.8K | – | – | – |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $18.5K | +$4.12K | +14 | +29% |
|
|
HNB
54
Huntington National Bank
Columbus,
Ohio
| $4.7K | – | – | – |
|
|
55
Citigroup
New York
| $882 | -$117K | -397 | -99% |
|
56
First Manhattan
New York
| $294 | – | – | – |
|
|
57
Millennium Management
New York
| – | -$444K | -1,536 | Closed |
|
58
UBS AM
Chicago,
Illinois
| – | -$11.1K | -39 | Closed |
|
DJCO Hedge Fund Activity: Q3 2023 in Review
56 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2023, worth a combined $195M — up 4.7% from $186M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DJCO positions and 2 closed out — a net gain of 1 holder — while 19 added to existing stakes and 19 trimmed.
The largest buyer was RWWM Inc, adding an estimated $5.95M. The largest seller was JP Morgan Chase, cutting an estimated $759K.
- 56 institutional investors held Daily Journal (DJCO) as of Q3 2023, up from 55 in Q2 2023.
- Funds reported $195M of Daily Journal stock for Q3 2023, up 4.7% quarter-over-quarter.
- 3 funds opened new Daily Journal positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest Daily Journal buyer in Q3 2023 was RWWM Inc, an estimated $5.95M added.
- The largest Daily Journal seller in Q3 2023 was JP Morgan Chase, an estimated $759K sold.
Based on aggregated 13F filings for Q3 2023.