Daily Journal
DJCO
48 hedge funds and large institutions have $123M invested in Daily Journal in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
14% more funds holding
Funds holding: 42 → 48 (+6)
8% more capital invested
Capital invested by funds: $114M → $123M (+$8.96M)
0.9% more ownership
Funds ownership: 37.72% → 38.62% (+0.9%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$1.28M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$482K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$349K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$304K |
| 5 |
SG Americas Securities
New York
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
-$264K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$220K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$142K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$135K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$114K |
DJCO Hedge Fund Activity: Q4 2017 in Review
48 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q4 2017, worth a combined $123M — up 7.9% from $114M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DJCO positions and 2 closed out — a net gain of 6 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was RWWM Inc, adding an estimated $1.28M. The largest seller was Sand Hill Global Advisors, cutting an estimated $264K.
- 48 institutional investors held Daily Journal (DJCO) as of Q4 2017, up from 42 in Q3 2017.
- Funds reported $123M of Daily Journal stock for Q4 2017, up 7.9% quarter-over-quarter.
- 8 funds opened new Daily Journal positions in Q4 2017 and 2 closed out, a net change of +6 holders.
- The largest Daily Journal buyer in Q4 2017 was RWWM Inc, an estimated $1.28M added.
- The largest Daily Journal seller in Q4 2017 was Sand Hill Global Advisors, an estimated $264K sold.
Based on aggregated 13F filings for Q4 2017.