Daily Journal Corp 13F annual report
Daily Journal Corp is an investment fund managing more than $177 billion ran by Tu To. There are currently 4 companies in Mrs. To’s portfolio. The largest investments include Wells Fargo & Co and Bank Of America, together worth $158 billion.
$177 billion Assets Under Management (AUM)
As of 28th March 2024, Daily Journal Corp’s top holding is 1,413,000 shares of Wells Fargo & Co currently worth over $81.9 billion and making up 46.2% of the portfolio value.
Relative to the number of outstanding shares of Wells Fargo & Co, Daily Journal Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 2,000,000 shares of Bank Of America worth $75.8 billion, whose value grew 44.3% in the past six months.
The third-largest holding is Alibaba Ltd worth $14.1 billion and the next is Us Bancorp worth $5.34 billion, with 119,500 shares owned.
Currently, Daily Journal Corp's portfolio is worth at least $177 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Daily Journal Corp
The Daily Journal Corp office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Tu To serves as the Chief Financial Officer at Daily Journal Corp.
Recent trades
Tu To disclosed a decreased stake in Wells Fargo & Co by 0.1%.
This leaves the value of the investment at $81.9 billion and 1,413,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Daily Journal Corp are Forge First Asset Management and Pragma Gestao De Patrimonio Ltd. They manage $177 billion and $177 billion respectively.
Tu To investment strategy
Daily Journal Corp’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 89.0% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
75% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $220 billion.
The complete list of Daily Journal Corp trades based on 13F SEC filings
These positions were updated on April 4th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Wells Fargo & Co. |
11.23%
1,413,000
|
$81,897,480,000 | 46.22% |
| Bank Of America Corp. |
13.04%
2,000,000
|
$75,840,000,000 | 42.80% |
| Alibaba Group Holding Ltd |
35.00%
195,000
|
$14,110,200,000 | 7.96% |
| Us Bancorp |
14.64%
119,500
|
$5,341,650,000 | 3.01% |
| No transactions found | |||
| Showing first 500 out of 4 holdings | |||
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