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Daily Journal

62 hedge funds and large institutions have $188M invested in Daily Journal in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

8% more capital invested

Capital invested by funds: $174M → $188M (+$13.8M)

2% more funds holding

Funds holding: 6162 (+1)

0.34% more ownership

Funds ownership: 40%40.34% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

30% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 23

Holders
62
Holders Change
+1
Holders Change %
+1.64%
% of All Funds
1.08%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
16
Reduced
23
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RI
1
RWWM Inc
California
$85.4M +$1.98M +6,156 +3%
BlackRock
2
BlackRock
New York
$25.9M -$157K -488 -0.6%
HighTower Advisors
3
HighTower Advisors
Illinois
$14M
Vanguard Group
4
Vanguard Group
Pennsylvania
$13.3M -$1.37M -4,265 -10%
State Street
5
State Street
Massachusetts
$6.76M +$191K +595 +3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$6.15M +$156K +486 +3%
ACM
7
Aquamarine Capital Management
New York
$3.89M +$3.69M +11,500 New
Northern Trust
8
Northern Trust
Illinois
$3.81M -$327K -1,019 -8%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$3.41M +$1.08M +3,378 +50%
Goldman Sachs
10
Goldman Sachs
New York
$3.17M +$2.76M +8,584 +1,113%
Bank of America
11
Bank of America
North Carolina
$2.17M -$139K -432 -6%
CG
12
Caprock Group
Idaho
$1.89M
N
13
Nuveen
North Carolina
$1.73M +$325K +1,011 +25%
CCM
14
Covington Capital Management
California
$1.64M
Bank of New York Mellon
15
Bank of New York Mellon
New York
$1.28M +$112K +349 +10%
Charles Schwab
16
Charles Schwab
California
$967K -$8.35K -26 -0.9%
SJL
17
Shayne & Jacobs LLC
Tennessee
$915K
Russell Investments Group
18
Russell Investments Group
United Kingdom
$874K -$256K -798 -24%
Jane Street
19
Jane Street
New York
$766K +$727K +2,264 New
PAM
20
Panagora Asset Management
Massachusetts
$724K +$367K +1,143 +115%
EA
21
Elm Advisors
California
$718K
California State Teachers Retirement System (CalSTRS)
22
California State Teachers Retirement System (CalSTRS)
California
$567K -$48.2K -150 -8%
RhumbLine Advisers
23
RhumbLine Advisers
Massachusetts
$546K +$70.6K +220 +16%
JP Morgan Chase
24
JP Morgan Chase
New York
$518K -$372K -1,158 -43%
Morgan Stanley
25
Morgan Stanley
New York
$487K +$18.6K +58 +4%

DJCO Hedge Fund Activity: Q2 2021 in Review

62 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q2 2021, worth a combined $188M — up 7.9% from $174M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DJCO positions and 7 closed out — a net gain of 1 holder — while 16 added to existing stakes and 23 trimmed.

The largest buyer was Aquamarine Capital Management, opening a new position worth an estimated $3.69M. The largest seller was GFI Investment Counsel, exiting entirely with an estimated $4.85M sold.

  • 62 institutional investors held Daily Journal (DJCO) as of Q2 2021, up from 61 in Q1 2021.
  • Funds reported $188M of Daily Journal stock for Q2 2021, up 7.9% quarter-over-quarter.
  • 8 funds opened new Daily Journal positions in Q2 2021 and 7 closed out, a net change of +1 holder.
  • The largest Daily Journal buyer in Q2 2021 was Aquamarine Capital Management, an estimated $3.69M added.
  • The largest Daily Journal seller in Q2 2021 was GFI Investment Counsel, an estimated $4.85M sold.

Based on aggregated 13F filings for Q2 2021.