13F-HR: Daily Journal Corp's Q1 2024 13F Filing Reveals Top Holdings

Daily Journal Corp's latest 13F filing discloses its equity holdings as of March 31, 2024, totaling approximately $177.2 million.

Summary

• Daily Journal Corp filed its Form 13F for the quarter ended March 31, 2024.
• The filing reports total holdings valued at $177,189,330.
• The portfolio consists of four holdings: Alibaba Group Holding Ltd, Bank of America Corp, US Bancorp, and Wells Fargo & Co.
• The largest holding is Wells Fargo & Co, valued at $81,897,480.
• Bank of America Corp is the second largest holding, valued at $75,840,000.
• Alibaba Group Holding Ltd is valued at $14,110,200.
• US Bancorp is valued at $5,341,650.

Sentiment

Score: 6

Explanation: The document is a routine portfolio disclosure, so the sentiment is neutral. It provides factual information about the company's holdings.

Positives

• The filing provides transparency into Daily Journal Corp's investment portfolio.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing insights into their investment strategies and holdings.

Comparison to Industry Standards

• Without additional context on Daily Journal Corp's investment strategy, it's difficult to directly compare their holdings to industry benchmarks.
• However, large holdings in major financial institutions like Bank of America and Wells Fargo are common among value-oriented investors.
• The inclusion of Alibaba suggests a potential interest in international markets or growth opportunities.

Stakeholder Impact

• Shareholders can use this information to understand the company's investment strategy.

Key Dates