Daily Journal Corp

Last 4 years copying the filings

$100,000 would be $191,392

The same $100,000 in SPY would be $204,737.

Total return

+91.4%

Annualized (4Y CAGR)

+17.6%

vs SPY

−2.0 pts/yr

Across 17 filings, buying each one the day it became public. Best quarter +22%, worst -18.4%.

All time

+70.3% since Apr 2022

Fund size $257M today

Sep 2022 to Aug 2026, at least 100% of the book priced each quarter. Not audited fund performance. What this covers

Each quarter is priced from the date its SEC filing became public, not the quarter it describes, and weighted by position size. A 13F shows long US stock holdings only, so shorts, cash, options, and anything bought and sold between two filings are not in this line.

4 positions reported for Q2 2026.

$256.7M in this filing4 positionstop 10 = 100%

Holdings are from Jun 30, 2026, not today. Filed Jul 16, 2026. Next filing due ~Nov 14, 2026 - a fund that has since had a bad quarter will not show it here until then.

Spot holdings4 positions - $256.7M

1WFCWells Fargo & Co45.50%
$116.8M - 1.4M shares-
2BACBank Of America Corp44.40%
$114.0M - 2.0M shares-
3BABAAlibaba Group Holding LTD7.29%
$18.7M - 195K shares-

#	Stock					At Jun 30	Now	Market cap	P/E
1	WFCWells Fargo & Co	45.50%	$116.8M	1.4M	-	$82.64	$89.97 +8.9%	$269.7B	13
2	BACBank Of America Corp	44.40%	$114.0M	2.0M	-	$56.98	$62.68 +10.0%	$440.8B	14.5
3	BABAAlibaba Group Holding LTD	7.29%	$18.7M	195K	-	$95.98	$113.24 +18.0%	$277.9B	25.3

1 more on a paid plan

Free shows three. Paid plans unlock the full portfolio, every quarter, and what changed.

Unlock all 1 holdings

What is missing

This filing does not include cash, short positions, private investments, bonds, or many overseas holdings.