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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 2026-05-07 from SEC 13F data.

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

1WFCWells Fargo & Co47.02%-1,413,000$101.44M$71.7952w: $50.15 - $81.50; reported $71.79
2BACBank of America Corp38.69%-2,000,000$83.46M$41.7352w: $34.15 - $48.08; reported $41.73
3BABAAlibaba Group Holding Ltd11.95%-195,000$25.78M$132.2352w: $68.36 - $148.43; reported $132.23
4USBUS Bancorp2.34%-119,500$5.05M$42.2252w: $37.81 - $53.98; reported $42.22