Daily Journal
DJCO
47 hedge funds and large institutions have $130M invested in Daily Journal in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
12% more capital invested
Capital invested by funds: $116M → $130M (+$14.1M)
2% more funds holding
Funds holding: 46 → 47 (+1)
0.35% more ownership
Funds ownership: 39.16% → 39.51% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$901K |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$723K |
| 3 |
RI
RWWM Inc
Rocklin,
California
|
+$592K |
| 4 |
BlackRock
New York
|
+$329K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$1.01M |
| 2 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$263K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$250K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$119K |
| 5 |
SG Americas Securities
New York
|
-$112K |
DJCO Hedge Fund Activity: Q2 2019 in Review
47 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q2 2019, worth a combined $130M — up 12% from $116M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DJCO positions and 3 closed out — a net gain of 3 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $901K. The largest seller was Pacific Global Investment Management, exiting entirely with an estimated $1.01M sold.
- 47 institutional investors held Daily Journal (DJCO) as of Q2 2019, up from 46 in Q1 2019.
- Funds reported $130M of Daily Journal stock for Q2 2019, up 12% quarter-over-quarter.
- 6 funds opened new Daily Journal positions in Q2 2019 and 3 closed out, a net change of +3 holders.
- The largest Daily Journal buyer in Q2 2019 was Nuveen, an estimated $901K added.
- The largest Daily Journal seller in Q2 2019 was Pacific Global Investment Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2019.