Daily Journal Corp.
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Why follow Daily Journal Corp. right now?
Daily Journal Corp.'s Q1 2026 13F-HR discloses $241M across four positions, with concentration extreme even by conviction-portfolio standards: Wells Fargo (46.7%, 1,413,000 shares) and Bank of America (40.5%, 2,000,000 shares) together constitute 87.2% of reported equity holdings. Alibaba rounds out meaningful exposure at 10.2% (195,000 shares), with US Bancorp a marginal 2.6%. The position count and composition are unchanged from prior quarters, indicating no rebalancing activity in the period.
Q1 2026 returned +10.3% against SPY's +17.6%, producing alpha of -7.3% — a reversal from three consecutive quarters of substantial outperformance: +27.2%, +17.4%, and +17.4% alpha in the preceding three periods. Past performance is not indicative of future results.
Generated from public SEC filings. Not investment advice.…
Read the full 116-word brief. Pro members get the complete editorial analysis on every curated manager, plus Sunday Pulse + Stock Picks.
Unlock with Pro — $9.99/moTop holdings · current snapshot
Source: 13F-HRRecent trades · Last 90 days
Convergence · Daily Journal Corp.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2026-03-31 · Last refreshed 11:06 UTC.