On January 04, 2023, Daily Journal Corp, under the direction of Charlie Munger, released its 13F form for the fourth quarter of 2022. The form disclosed a total portfolio value of $174 million, distributed among four stocks.
The top five positions in the portfolio include Bank of America Corp, worth $76.2 million, Wells Fargo & Company, worth $65.7 million, Alibaba Group Holding LTD, worth $26.4 million, and US Bancorp, worth $6.11 million.
An examination of the 13F form reveals an increase of $11 million in the current position value, from $163 million to $174 million. It appears that Munger and the team at Daily Journal remain bullish on these four companies, despite the challenging market conditions in recent months.
Investors and analysts will no doubt be closely following Daily Journal's portfolio moves in the coming weeks and months, as the company navigates the ever-changing landscape of the stock market.
Want to stay up-to-date on Charlie Munger's portfolio? Access it NOW.