Daily Journal
DJCO
54 hedge funds and large institutions have $180M invested in Daily Journal in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 4 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
18% more capital invested
Capital invested by funds: $152M → $180M (+$27.8M)
2% more funds holding
Funds holding: 53 → 54 (+1)
1.73% more ownership
Funds ownership: 44.07% → 45.81% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
RWWM Inc
Rocklin,
California
|
+$912K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$780K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$342K |
| 4 |
Millennium Management
New York
|
+$323K |
| 5 |
VF
Virtu Financial
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$557K |
| 2 |
Goldman Sachs
New York
|
-$386K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$330K |
| 4 |
JP Morgan Chase
New York
|
-$210K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$200K |
DJCO Hedge Fund Activity: Q1 2023 in Review
54 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q1 2023, worth a combined $180M — up 18% from $152M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DJCO positions and 4 closed out — a net gain of 1 holder — while 20 added to existing stakes and 11 trimmed.
The largest buyer was RWWM Inc, adding an estimated $912K. The largest seller was BlackRock, cutting an estimated $557K.
- 54 institutional investors held Daily Journal (DJCO) as of Q1 2023, up from 53 in Q4 2022.
- Funds reported $180M of Daily Journal stock for Q1 2023, up 18% quarter-over-quarter.
- 5 funds opened new Daily Journal positions in Q1 2023 and 4 closed out, a net change of +1 holder.
- The largest Daily Journal buyer in Q1 2023 was RWWM Inc, an estimated $912K added.
- The largest Daily Journal seller in Q1 2023 was BlackRock, an estimated $557K sold.
Based on aggregated 13F filings for Q1 2023.