Daily Journal
DJCO
48 hedge funds and large institutions have $139M invested in Daily Journal in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 3 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $130M → $139M (+$9.38M)
2% more funds holding
Funds holding: 47 → 48 (+1)
1.24% more ownership
Funds ownership: 39.51% → 40.74% (+1.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$9.4M |
| 2 |
BlackRock
New York
|
+$2.39M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$733K |
| 4 |
Jane Street
New York
|
+$733K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
-$1.33M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$229K |
| 3 |
SHGA
Sand Hill Global Advisors
Palo Alto,
California
|
-$182K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$160K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$126K |
DJCO Hedge Fund Activity: Q3 2019 in Review
48 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q3 2019, worth a combined $139M — up 7.2% from $130M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DJCO positions and 3 closed out — a net gain of 2 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $9.4M. The largest seller was RWWM Inc, cutting an estimated $1.33M.
- 48 institutional investors held Daily Journal (DJCO) as of Q3 2019, up from 47 in Q2 2019.
- Funds reported $139M of Daily Journal stock for Q3 2019, up 7.2% quarter-over-quarter.
- 5 funds opened new Daily Journal positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest Daily Journal buyer in Q3 2019 was HighTower Advisors, an estimated $9.4M added.
- The largest Daily Journal seller in Q3 2019 was RWWM Inc, an estimated $1.33M sold.
Based on aggregated 13F filings for Q3 2019.