# Daily Journal: 13F portfolio, Q2 2026

Investment firm, Los Angeles.

Source: SEC Form 13F filed 2026-07-16 for the quarter ended 2026-06-30: https://www.sec.gov/Archives/edgar/data/783412/000143774926023711/0001437749-26-023711-index.htm
Values are as the manager reported them in the filing, not current market prices.
Page: https://valuepeg.com/managers/daily-journal
Updated: 2026-07-16 · Next filing due by 2026-11-14

## Summary
- Reported value: $256.7M (Q1 2026: $240.7M)
- Positions: 4 (Q1 2026: 4)
- Top 10 holdings: 100.0% of the portfolio
- This quarter: 0 new, 0 added to, 0 trimmed, 0 sold out

## What Daily Journal did in Q2 2026
Daily Journal opened no new positions, sold none outright and changed none by half or more. Wells Fargo & Company is still the largest holding, at 45.5% of the portfolio.

## Top 4 holdings
| # | Company | Ticker | % of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo & Company | WFC | 45.5% | $116.8M | No change | Q3 2024 or earlier |
| 2 | Bank Of America | BAC | 44.4% | $114.0M | No change | Q3 2024 or earlier |
| 3 | Alibaba Group Holding | BABA | 7.3% | $18.7M | No change | Q3 2024 or earlier |
| 4 | US Bancorp De | USB | 2.8% | $7.2M | No change | Q3 2024 or earlier |

## Other value investors
- Dalal Street (Pabrai Investment Funds) (Mohnish Pabrai): https://valuepeg.com/managers/pabrai-dalal-street
- Davis Advisors: https://valuepeg.com/managers/davis-advisors
- Dorsey Asset Management: https://valuepeg.com/managers/dorsey-asset-management
- Duquesne Family Office (Stanley Druckenmiller): https://valuepeg.com/managers/duquesne-family-office
- Elliott Investment Management (Paul Singer): https://valuepeg.com/managers/elliott-investment-management

## About this data
- **What is a 13F?** A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- **How current is it?** Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- **Whose figures are these?** The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- **What does it leave out?** Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.

Not investment advice.