Daily Journal
DJCO
71 hedge funds and large institutions have $302M invested in Daily Journal in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 9 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
16% more capital invested
Capital invested by funds: $260M → $302M (+$41.9M)
6% more funds holding
Funds holding: 67 → 71 (+4)
3.37% more ownership
Funds ownership: 52.15% → 55.52% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AltraVue Capital
Bellevue,
Washington
|
+$8.48M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.99M |
| 3 |
LCM
Legato Capital Management
San Francisco,
California
|
+$1.72M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$1.56M |
| 5 |
BlackRock
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.08M |
| 2 |
JP Morgan Chase
New York
|
-$715K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$601K |
| 4 |
Millennium Management
New York
|
-$459K |
| 5 |
Two Sigma Advisers
New York
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$155K | -430 | Closed |
|
|
MLICM
77
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$26.8K | -74 | Closed |
|
78
First Manhattan
New York
| – | -$361 | -1 | Closed |
|
|
TFM
79
TFC Financial Management
Boston,
Massachusetts
| – | -$362 | -1 | Closed |
|
80
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$368 | +1 | New |
|
DJCO Hedge Fund Activity: Q2 2024 in Review
71 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q2 2024, worth a combined $302M — up 16% from $260M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DJCO positions and 9 closed out — a net gain of 5 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was AltraVue Capital, adding an estimated $8.48M. The largest seller was RWWM Inc, cutting an estimated $1.08M.
- 71 institutional investors held Daily Journal (DJCO) as of Q2 2024, up from 67 in Q1 2024.
- Funds reported $302M of Daily Journal stock for Q2 2024, up 16% quarter-over-quarter.
- 14 funds opened new Daily Journal positions in Q2 2024 and 9 closed out, a net change of +5 holders.
- The largest Daily Journal buyer in Q2 2024 was AltraVue Capital, an estimated $8.48M added.
- The largest Daily Journal seller in Q2 2024 was RWWM Inc, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2024.