Daily Journal
DJCO
46 hedge funds and large institutions have $121M invested in Daily Journal in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.25% less ownership
Funds ownership: 38.62% → 38.37% (-0.25%)
1% less capital invested
Capital invested by funds: $123M → $121M (-$1.79M)
4% less funds holding
Funds holding: 48 → 46 (-2)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$771K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$323K |
| 3 |
SG Americas Securities
New York
|
+$198K |
| 4 |
State Street
Boston,
Massachusetts
|
+$48.7K |
| 5 |
Bank of New York Mellon
New York
|
+$43.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$979K |
| 2 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
-$482K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$247K |
| 4 |
BlackRock
New York
|
-$166K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$96.6K |
DJCO Hedge Fund Activity: Q1 2018 in Review
46 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q1 2018, worth a combined $121M — down 1.5% from $123M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DJCO and 1 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was RWWM Inc, adding an estimated $771K. The largest seller was Ashford Capital Management, cutting an estimated $979K.
- 46 institutional investors held Daily Journal (DJCO) as of Q1 2018, down from 48 in Q4 2017.
- Funds reported $121M of Daily Journal stock for Q1 2018, down 1.5% quarter-over-quarter.
- 1 fund opened new Daily Journal positions in Q1 2018 and 3 closed out, a net change of -2 holders.
- The largest Daily Journal buyer in Q1 2018 was RWWM Inc, an estimated $771K added.
- The largest Daily Journal seller in Q1 2018 was Ashford Capital Management, an estimated $979K sold.
Based on aggregated 13F filings for Q1 2018.