Daily Journal
DJCO
43 hedge funds and large institutions have $108M invested in Daily Journal in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 5 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less capital invested
Capital invested by funds: $115M → $108M (-$6.88M)
12% less funds holding
Funds holding: 49 → 43 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.34M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$546K |
| 3 |
RI
RWWM Inc
Rocklin,
California
|
+$546K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$371K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$380K |
| 2 |
Renaissance Technologies
New York
|
-$213K |
| 3 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
-$211K |
| 4 |
SG Americas Securities
New York
|
-$110K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$71.5K |
DJCO Hedge Fund Activity: Q3 2016 in Review
43 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2016, worth a combined $108M — down 6% from $115M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DJCO and 0 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 17 added.
The largest buyer was Northern Trust, adding an estimated $1.34M. The largest seller was Credit Suisse, exiting entirely with an estimated $380K sold.
- 43 institutional investors held Daily Journal (DJCO) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $108M of Daily Journal stock for Q3 2016, down 6% quarter-over-quarter.
- 0 funds opened new Daily Journal positions in Q3 2016 and 5 closed out, a net change of -5 holders.
- The largest Daily Journal buyer in Q3 2016 was Northern Trust, an estimated $1.34M added.
- The largest Daily Journal seller in Q3 2016 was Credit Suisse, an estimated $380K sold.
Based on aggregated 13F filings for Q3 2016.