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Focused investors/Daily Journal Corp (Charlie Munger)

Daily Journal Corp (Charlie Munger)

Portfolio formerly managed by Charlie Munger (1924-2023), Chairman of Daily Journal Corp.

As of Q2 2026, Daily Journal Corp (Charlie Munger) reported 4 long-equity positions worth $256.66M in aggregate.

Copy-investor backtest

Latest quarter
+9.07%
1-year
+18.19%
3-year
+99.60%
5-year
+48.88%
3-year vs S&P 500
+28.83%
5-year vs S&P 500
-21.78%
5-year top 5
+48.88%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-05-10 from SEC 13F data.

Live quotes available for 4 of 4 rows. Rows without a quote are marked unavailable.

1WFCWells Fargo & Co40.99%-1,591,800$65.04M$40.8652w: $35.25 - $48.84; reported $40.86
2BACBank of America Corp39.69%-2,300,000$62.97M$27.3852w: $26.32 - $38.60; reported $27.38
3BABAAlibaba Group Holding Ltd16.40%-300,000$26.02M$86.7452w: $58.01 - $121.30; reported $86.74
4USBUS Bancorp2.92%-140,000$4.63M$33.0652w: $27.27 - $49.95; reported $33.06