Daily Journal
Charlie Munger (legacy portfolio)LOS ANGELES, CAfiles as DAILY JOURNAL CORP
$257m in 4 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 4.1% of the portfolio this quarter.
Value
$257m
Stocks
4
Top 10 share
100.0%
Turnover
4.1%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Alibaba Group HldgBABA
- Share
- 7.3%
- Value
- $19m
- Shares
- 195,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Wells Fargo & CompanyWFC | 45.5% | $117m | 1,413,000 | Held |
| Bank of AmericaBAC | 44.4% | $114m | 2,000,000 | Held |
| Alibaba Group HldgBABA | 7.3% | $19m | 195,000 | Held |
| US BancorpUSB | 2.8% | $7m | 119,500 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 9.0% since 30 June 2025.
Where the money is
Financial services92.7%
Other7.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.