Daily Journal

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Charlie Munger's Daily Journal reported 4 stock positions worth $235.4 million. Its top holding was Wells Fargo (WFC) at 48.1% of the portfolio, followed by Bank of America (BAC, 40.2%) and Alibaba Group Holding-SP ADR (BABA, 9.4%). Its holdings were unchanged from Q1 2025.

Most Recent 13F
Q2 2026
Notable People
Charlie Munger
Location
LOS ANGELES, CA
CIK
0000783412
Portfolio Value
$235.4M (Q2 2025)
SEC Filing
0001437749-25-022429 ↗ filed Jul 9, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $177.2M Q1 2024 Q2 2024: $182.2M Q2 2024 Q3 2024: $185.3M Q3 2024 Q4 2024: $209.4M Q4 2024 Q1 2025: $215.7M Q1 2025 Q2 2025: $235.4M $235.4M Q2 2025 Q3 2025: $262.2M Q3 2025 Q4 2025: $276.7M Q4 2025 Q1 2026: $240.7M Q1 2026 Q2 2026: $256.7M Q2 2026

Holdings 4 stocks · $235.4M
WFC Wells Fargo & Co. 48.10% 1,413,000 $113.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 40.21% 2,000,000 $94.6M No change
BABA Alibaba Group Holding-SP ADR 9.40% 195,000 $22.1M No change
USB US Bancorp 2.30% 119,500 $5.4M No change

Portfolio Sells Q1 2025 → Q2 2025
None this quarter.

Portfolio Buys Q1 2025 → Q2 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$256.7MWFC, BAC, BABA, USB
Q1 2026 4$240.7MWFC, BAC, BABA, USB
Q4 2025 4$276.7MWFC, BAC, BABA, USB
Q3 2025Amended 4$262.2MWFC, BAC, BABA, USB
Q2 2025 4$235.4MWFC, BAC, BABA, USB
Q1 2025 4$215.7MWFC, BAC, BABA, USB
Q4 2024 4$209.4MWFC, BAC, BABA, USB
Q3 2024 4$185.3MWFC, BAC, BABA, USB
Q2 2024 4$182.2MWFC, BAC, BABA, USB
Q1 2024 4$177.2MWFC, BAC, BABA, USB