Daily Journal

Q1 2022 13F · by Charlie Munger, portfolio manager

As of: Mar 31, 2022
Filed: Apr 11, 2022
US stock: $213M · prev $259M
Positions: 5 · prev 5
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves1 since the prior filing

0.0 pp in · −12.3 pp out

New 0 0.00 pp
Added 0 0.00 pp
Trimmed 1 −12.30 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 3 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year

Low
Moderate
High

Top 5 positions100% of US stock

BAC Bank of America Corporation held held44.6%
WFC Wells Fargo & Co. held held36.3%
BABA Alibaba Group Holding Limited trimmed−12.30 pp trimmed−12.3015.3%
USB U.S. Bancorp held held3.5%
PKX POSCO Holdings Inc. held held0.3%

Positions5 in this filing · 0 exited


BACBank of America Corporation	44.59%	2,300,000	$95M	held	—	22 q
WFCWells Fargo & Co.	36.28%	1,591,800	$77M	held	—	34 q
BABAAlibaba Group Holding Limited	15.35%	300,000	$33M	trimmed−50%	−12.30 pp	5 q
USBU.S. Bancorp	3.50%	140,000	$7M	held	—	34 q
PKXPOSCO Holdings Inc.	0.27%	9,745	$577,000	held	—	34 q

Source

Form: 13F-HR
Reading: 1 defect · 0 unresolved
Accession: 0001437749-22-008649
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

The filing disagrees with its own cover page — cover page declares 0 entries; 5 parsed, value total matches