Daily Journal portfolio
Updated November 15, 2026
Daily Journal (Daily Journal (Munger legacy)) — Charlie Munger, Buffett's legendary partner, died in November 2023. This is the Daily Journal portfolio he built, still almost unchanged, so it shows Munger's picks, not today's decisions.
According to the latest 13F report that Daily Journal (Munger legacy) filed with the SEC (Q3 2026, filed November 2, 2026), its US stock portfolio is worth about $250M across 4 holdings. The largest positions are Wells Fargo & CoWFC, Bank OF America CorpBAC, Alibaba Group Holding-sp ADRBABA, and the top 10 make up 100% of the portfolio.
| # | Stock | Weight | Value | Change this quarter |
|---|---|---|---|---|
| 1 | Wells Fargo & CoWFC | 45.3% | $113M | — |
| 2 | Bank OF America CorpBAC | 43.6% | $109M | — |
| 3 | Alibaba Group Holding-sp ADRBABA | 8.4% | $21M | — |
| 4 | US BancorpUSB | 2.8% | $7M | — |
Frequently asked questions
What does Daily Journal own now?
According to the latest 13F (Q3 2026), the largest holdings are Wells Fargo & CoWFC, Bank OF America CorpBAC, Alibaba Group Holding-sp ADRBABA. The full list is in the table above.
What is a 13F report?
US investment managers with more than $100 million in US stocks must list their holdings with the SEC within 45 days after each quarter ends.
Why is the data delayed?
Because 13F reports arrive up to 45 days after the quarter ends, the manager may have traded since then.
Should I copy this portfolio?
Knowing what great investors buy is a good source of ideas, but because of the delay and different goals, copying blindly is not recommended.
More lists and tools
Lists are generated automatically from SEC filings and market prices and rebuilt every day. They are a starting point for research, not a recommendation to buy or sell.