Charlie Munger (Daily Journal Corp) Q2 2024 Portfolio Revealed

Charlie Munger, the renowned investor and vice chairman of Berkshire Hathaway, has released his latest portfolio for the second quarter of 2024. The portfolio, managed by his company Daily Journal Corp, is valued at an impressive $182 million and consists of holdings in four different stocks.

Increase in Position Value

Examining the 13F form filed by Daily Journal Corp, it is evident that there has been a significant increase in the value of the portfolio. The current position value has risen by $5.05 million, from $177 million to $182 million. This indicates a positive performance and reinforces Munger's reputation as a skilled investor.

Top Holdings

The top holdings in Charlie Munger's Q2 2024 portfolio are as follows:

• WFC (46.05% of portfolio)
• BAC (43.65% of portfolio)
• BABA (7.7% of portfolio)
• USB (2.6% of portfolio)

Analysis of Holdings

WFC - Wells Fargo & Company

Wells Fargo & Company, one of the largest banks in the United States, holds the highest weightage in Munger's portfolio. With a significant 46.05% allocation, Munger seems to have confidence in the bank's long-term prospects. Wells Fargo has a strong presence in the banking industry and offers a wide range of financial services to its customers.

BAC - Bank of America Corporation

Bank of America Corporation, another major player in the banking sector, holds a substantial 43.65% allocation in Munger's portfolio. Bank of America is known for its extensive network of branches and diverse range of financial products. Munger's investment in this company reflects his belief in the stability and growth potential of the banking industry.

BABA - Alibaba Group Holding Limited

Alibaba Group Holding Limited, a leading multinational conglomerate specializing in e-commerce, technology, and various other sectors, holds a 7.7% allocation in Munger's portfolio. Alibaba is known for its dominant presence in the Chinese market and its innovative business model. Munger's investment in Alibaba indicates his interest in the rapidly growing e-commerce industry.

USB - U.S. Bancorp

U.S. Bancorp, one of the largest commercial banks in the United States, holds a 2.6% allocation in Munger's portfolio. U.S. Bancorp offers a wide range of banking and financial services to individuals, businesses, and institutions. Munger's investment in this company suggests his confidence in the stability and resilience of the banking sector.

Conclusion

Charlie Munger's Q2 2024 portfolio, managed by Daily Journal Corp, showcases his strategic investment choices and his confidence in the selected companies. With a total value of $182 million, Munger's portfolio reflects his expertise and knowledge in the financial markets. Investors and enthusiasts can track the performance of Munger's portfolio through the provided link: Charlie Munger's Portfolio.