Daily Journal
DJCO
63 hedge funds and large institutions have $241M invested in Daily Journal in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
24% more capital invested
Capital invested by funds: $195M → $241M (+$45.8M)
13% more funds holding
Funds holding: 56 → 63 (+7)
3.15% more ownership
Funds ownership: 47.99% → 51.14% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.33M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.6M |
| 3 |
Morgan Stanley
New York
|
+$1.99M |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
+$764K |
| 5 |
State Street
Boston,
Massachusetts
|
+$736K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$522K |
| 2 |
Neuberger Berman Group
New York
|
-$294K |
| 3 |
Squarepoint
New York
|
-$193K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$151K |
| 5 |
Two Sigma Investments
New York
|
-$124K |
DJCO Hedge Fund Activity: Q4 2023 in Review
63 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Daily Journal (DJCO) for Q4 2023, worth a combined $241M — up 24% from $195M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DJCO positions and 3 closed out — a net gain of 7 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $3.33M. The largest seller was Panagora Asset Management, exiting entirely with an estimated $522K sold.
- 63 institutional investors held Daily Journal (DJCO) as of Q4 2023, up from 56 in Q3 2023.
- Funds reported $241M of Daily Journal stock for Q4 2023, up 24% quarter-over-quarter.
- 10 funds opened new Daily Journal positions in Q4 2023 and 3 closed out, a net change of +7 holders.
- The largest Daily Journal buyer in Q4 2023 was BlackRock, an estimated $3.33M added.
- The largest Daily Journal seller in Q4 2023 was Panagora Asset Management, an estimated $522K sold.
Based on aggregated 13F filings for Q4 2023.