Daily Journal
DJCO
44 hedge funds and large institutions have $123M invested in Daily Journal in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
47% more capital invested
Capital invested by funds: $83.7M → $123M (+$39.4M)
13.97% more ownership
Funds ownership: 33.58% → 47.54% (+14%)
2% more funds holding
Funds holding: 43 → 44 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$37.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.08M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$829K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$234K |
| 5 |
Neuberger Berman Group
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.08M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$269K |
| 3 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$238K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$159K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$88.4K |
DJCO Hedge Fund Activity: Q4 2014 in Review
44 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q4 2014, worth a combined $123M — up 47% from $83.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DJCO positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Teachers Advisors, adding an estimated $37.9M. The largest seller was RWWM Inc, cutting an estimated $1.08M.
- 44 institutional investors held Daily Journal (DJCO) as of Q4 2014, up from 43 in Q3 2014.
- Funds reported $123M of Daily Journal stock for Q4 2014, up 47% quarter-over-quarter.
- 6 funds opened new Daily Journal positions in Q4 2014 and 4 closed out, a net change of +2 holders.
- The largest Daily Journal buyer in Q4 2014 was Teachers Advisors, an estimated $37.9M added.
- The largest Daily Journal seller in Q4 2014 was RWWM Inc, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2014.