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DJT in your portfolio - the first two funds reporting (edited)
67.83% % of Shares Held by All Insider 6.57% % of Shares Held by Institutions 20.43% % of Float Held by Institutions 306 Number of Institutions Holding Shares
Top Institutional Holders
Holder Shares Date Reported % Out Value Vanguard Group Inc 2.88M Jun 30, 2024 1.44% 56,157,660 Blackrock Inc. 2.18M Jun 30, 2024 1.09% 42,590,983 Susquehanna Intl 1.06M Jun 30, 2024 0.53% 20,579,208 Geode Capital Management, LLC 941.82k Jun 30, 2024 0.47% 18,365,490 Citadel Advisors Llc 556.05k Jun 30, 2024 0.28% 10,843,053 State Street Corporation 440.16k Jun 30, 2024 0.22% 8,583,198 Greenwich Wealth Management Llc 353.5k Jun 30, 2024 0.18% 6,893,250 Group One Trading, L.P. 340.04k Jun 30, 2024 0.17% 6,630,838 Charles Schwab Investment 265.87k Jun 30, 2024 0.13% 5,184,484 Jane Street Group, LLC 264.25k Jun 30, 2024 0.13%
Most indexers pick everything. The ranking above may be just that of indexers by their market shares.
Is Fido missing from the list? NO.
Most Fido index funds are sub-advised by Geode Capital Management, #4 on the list. Geode Capital started out at Fido but was later spun off. Fido & Geode remain quite close. https://en.wikipedia.org/wiki/Geode_Capital_Management
A slightly different view, FWIW. The first number data after the 'name' is the percentage of, within the total holdings. I.E. .43% for the first Vanguard listing. Page data from M* for the top twenty.
NT Ext Eq Mkt Indx Fd DC Lending Tier 5 Not Rated — 0.02 Unlock 1,649,659,963 1,649,659,963 –– Jun 30, 2024 Vanguard Total Stock Mkt Idx Inv 0.43 0.00 Unlock 868,400 0 0.00% Jul 31, 2024 Vanguard Institutional Extnd Mkt Idx Tr 0.38 0.02 Unlock 756,598 4,126 0.55% Jul 31, 2024 Vanguard Small Cap Index Not Rated 0.34 0.01 Unlock 687,760 1,863 0.27% Jul 31, 2024 Fidelity Extended Market Index 0.14 0.02 Unlock 281,449 281,449 –– Jun 30, 2024 Vanguard Small Cap Value Index Inv 0.12 0.01 Unlock 231,593 1,049 0.46% Jul 31, 2024 Vanguard Small Cap Growth Index Inv 0.10 0.02 Unlock 192,865 -735 0.38% Jul 31, 2024 iShares Russell Mid-Cap Growth ETF 0.10 0.03 Unlock 192,396 152 0.08% Aug 28, 2024 iShares Russell Mid-Cap ETF 0.09 0.01 Unlock 181,128 132 0.07% Aug 28, 2024 Russell 1000 Index Fund Not Rated 0.09 0.00 Unlock 174,341 0 0.00% Jul 31, 2024 Blackrock Russ 1000 Eq Idx Composite Not Rated 0.09 0.00 Unlock 174,341 174,341 –– Jun 30, 2024 State St Russell Sm/Mid Cp® Indx NL Cl C 0.08 0.01 Unlock 161,788 116,888 260.33% Jul 31, 2024 Schwab US Mid-Cap ETF™ 0.07 0.02 Unlock 131,950 0 0.00% Aug 30, 2024 iShares Russell 1000 Growth ETF 0.06 0.00 Unlock 128,597 48 0.04% Aug 28, 2024 Fidelity Nasdaq Composite Index 0.05 0.03 Unlock 105,223 30,800 41.39% May 31, 2024 BlackRock Extended Equity Market K 0.05 0.02 Unlock 104,537 104,537 –– Jun 30, 2024 iShares US Technology ETF 0.05 0.01 Unlock 99,370 -39 0.04% Aug 28, 2024 BlackRock Russell 2500™ Index F 0.05 0.03 Unlock 93,367 93,367 –– Jun 30, 2024 Fidelity Total Market Index 0.05 0.00 Unlock 90,922 90,922 –– Jun 30, 2024 Fidelity Series Total Market Index 0.03 0.00 Unlock 68,109 68,109 –– Jun 30, 2024 Total (for Top 20) 2.36 1,654,384,697 1,650,626,972
Thanks all for the excellent data folks. Most interesting. It even made Vanguard’s Small Cap “Value” Index fund. Amazing. I guess index funds work in strange ways.
CNBC this evening: "DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, when it hit $19.38 per share. The stock price was down roughly 77% from its high of $79.38 per share on March 26, following Trump Media’s merger with a publicly traded special purpose acquisition company.
DJT closed at $18.08 per share, down over 7% for the Wednesday trading day."
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
It's still $15.98 overpriced though....
(I'll give $1 of value in their share price to reflect their IT equipment and other capital expenses lol)
Might be worth a gambit at $15.98. I see a reasonable chance the election ends up in the courts. Stock would soar briefly in that event. Then sell it fast before the final verdict is rendered.
Gotta know when to hold ‘em - know when to fold ‘em …
Stock plunge wipes out Trump Media’s extraordinary market gains
Shares in Trump Media & Technology Group (TMTG ), owner of Truth Social, closed below $17 on Wednesday, reversing all their gains since the company’s rapid rise took hold in January.
The former president has been prohibited by a lock-up agreement from starting to sell shares in the firm until late September. While his majority stake in the firm is still worth some $2bn on paper, its value has fallen dramatically from $4.9bn in March.
As a business, TMTG is not growing rapidly. It generated sales of just $4.13m in 2023, according to regulatory filings, and lost $58.2m.
Nor is Truth Social growing rapidly as a platform. While TMTG has not disclosed the size of its user base, the research firm Similarweb estimated that in March it had 7.7m visits – while X, formerly Twitter, had 6.1bn. That same month, however, TMTG was valued at almost $10bn on the stock market.
Comment: Knowing Trump, I'm sure he's using this paper loss to offset actual income somehow, somewhere.
"I see a reasonable chance the election ends up in the courts. Stock would soar briefly in that event. Then sell it fast before the final verdict is rendered."
Depends on whether they are frivolous law suits. If they are not frivolous, they will likely end up in the US S. Ct. You know what to do after that.
Shares in the Truth Social parent company, which trade under the ticker DJT, were down over 17% to $15.43 in the Wednesday premarket–its lowest price since the merger with the shell company Digital World Acquisition Corp.
A lot in there. There is some thought that other insiders might sell (especially ones angry with Trump), while Trump himself wouldn't sell. Because he doesn't need the money (asserted in a quote in the article) and because it would alienate his supporters.
---- Turning around the theory that the stock price is tied to Trump's election prospects, if Trump sells that could be taken as an indication that he is not confident about winning.
The significant DJT decline is incongruous with Trump's debate performance. The stock's namesake provided his expert assessment of last night's debate: "This was my best debate. We had a 92% rating in one poll, we had an 86% rating in another, we had 77% in another, we won every one of the polls that came out tonight and there were quite a few of them."
The significant DJT decline is incongruous with Trump's debate performance. The stock's namesake provided his expert assessment of the debate: "This was my best debate. We had a 92% rating in one poll, we had an 86% rating in another, we had 77% in another, we won every one of the polls that came out tonight and there were quite a few of them."
I have never come across a stock whose options are more expensive than that of DJT. The Nov 15 calls with $17.5 strike are trading nearly at $6. (Of course, the Jan 2026 calls with the same strike is only at $8.) By comparison, NVDA options are cheap.
Any way, if you are a lottery buyer, you might be able to buy more lottery with a DJT option play than with its stock.
I read an article recently about a man who lost a substantial portion of his retirement savings by investing in DJT — more than $500,000. The article wasn’t political, more of a business article about the dangers of investing with your emotions and lack of diversification. Sorry, I didn’t copy the link.
Interesting thread. 7 pages long, and as far as I can tell, nobody is either long or short the stock.
Not surprising at all -- especially in this group. There's too much risk either way. If you're long, you are losing money. If you are short, you may be profitable now, but have the constant risk of some surprise oligarch pal of his throwing in a few hundred million (or more) to prop the stock up and curry favor with DonOLD, so the chances of a surprise upside risk and getting your face ripped off in a huge short squeeze is not exactly a remote one.
Yahoo Finance is showing DJT short interest as 8.44% of the float, 5.12% of the total shares. That is high but not record-breaking. This Yahoo Finance Statistics page also has related fundamental details. https://finance.yahoo.com/quote/DJT/key-statistics/
"According to Barron’s calculations, if Trump Media’s share price falls below $13 a share, Trump’s paper gains since his company’s merger with the special purpose acquisition company Digital World Acquisition Corp. rapidly vanish. That’s because as the share price declines, the value of Trump’s 114,750,000 shares also drops. A share price of $12.88 would send the value of his shares below the $1.478 billion private valuation of his stake in Trump Media as of Dec. 15, 2023.
As of Thursday’s close, Trump’s stake was valued around $1.8 billion, down from more than $5.7 billion on March 26, when the merger took place."
BBG: "Donald Trump says he doesn’t want to sell his Trump Media & Technology Group Corp. shares and that he doesn’t need the money, in remarks at a press conference."
Uh huh. He's probably hoping that statement can stave off disaster for juuuust another 10 days or so before he dumps them....and besides, he's got enough money coming in from his various other grifts.
Of course, if he does indeed dump his shares, it'll just further screw his followers who bought it as a way of showing support for him and are already watching their $$$$ melt away each day.
"Donald Trump says he doesn’t want to sell his Trump Media & Technology Group Corp. shares and that he doesn’t need the money, in remarks at a press conference."
Ah ha! I was wondering what set off the sudden stock rise today. Individuals with compromised thought processing who actually believe anything that Trump says.
Comments
Breakdown
67.83% % of Shares Held by All Insider
6.57% % of Shares Held by Institutions
20.43% % of Float Held by Institutions
306 Number of Institutions Holding Shares
Top Institutional Holders
Holder Shares Date Reported % Out Value
Vanguard Group Inc 2.88M Jun 30, 2024 1.44% 56,157,660
Blackrock Inc. 2.18M Jun 30, 2024 1.09% 42,590,983
Susquehanna Intl 1.06M Jun 30, 2024 0.53% 20,579,208
Geode Capital Management, LLC 941.82k Jun 30, 2024 0.47% 18,365,490
Citadel Advisors Llc 556.05k Jun 30, 2024 0.28% 10,843,053
State Street Corporation 440.16k Jun 30, 2024 0.22% 8,583,198
Greenwich Wealth Management Llc 353.5k Jun 30, 2024 0.18% 6,893,250
Group One Trading, L.P. 340.04k Jun 30, 2024 0.17% 6,630,838
Charles Schwab Investment 265.87k Jun 30, 2024 0.13% 5,184,484
Jane Street Group, LLC 264.25k Jun 30, 2024 0.13%
well am guessing the first 2 on the list are flashing their commitment to rules based investing.
give the indexers what they want.
Is Fido missing from the list? NO.
Most Fido index funds are sub-advised by Geode Capital Management, #4 on the list. Geode Capital started out at Fido but was later spun off. Fido & Geode remain quite close.
https://en.wikipedia.org/wiki/Geode_Capital_Management
Cap “Value” Index fund. Amazing. I guess index funds work in strange ways.
DJT closed at $18.08 per share, down over 7% for the Wednesday trading day."
(I'll give $1 of value in their share price to reflect their IT equipment and other capital expenses lol)
Gotta know when to hold ‘em - know when to fold ‘em …
Comment: Knowing Trump, I'm sure he's using this paper loss to offset actual income somehow, somewhere.
Depends on whether they are frivolous law suits. If they are not frivolous, they will likely end up in the US S. Ct. You know what to do after that.
Shares in the Truth Social parent company, which trade under the ticker DJT, were down over 17% to $15.43 in the Wednesday premarket–its lowest price since the merger with the shell company Digital World Acquisition Corp.
https://www.nytimes.com/2024/09/09/business/trump-media-stock-lockup-agreement.html
A lot in there. There is some thought that other insiders might sell (especially ones angry with Trump), while Trump himself wouldn't sell. Because he doesn't need the money (asserted in a quote in the article) and because it would alienate his supporters.
----
Turning around the theory that the stock price is tied to Trump's election prospects, if Trump sells that could be taken as an indication that he is not confident about winning.
It now appears debate is more than a purely academic exercise!
The stock's namesake provided his expert assessment of last night's debate:
"This was my best debate.
We had a 92% rating in one poll, we had an 86% rating in another, we had 77% in another,
we won every one of the polls that came out tonight and there were quite a few of them."
Hmm...
https://edition.cnn.com/2024/09/11/politics/video/trump-debate-performance-spin-room-collins-digvid
When a candidate shows up in the spin room after their debate to spin their own performance, it's quite likely they didn't 'win' the debate.
Any way, if you are a lottery buyer, you might be able to buy more lottery with a DJT option play than with its stock.
Good luck.
This Yahoo Finance Statistics page also has related fundamental details.
https://finance.yahoo.com/quote/DJT/key-statistics/
"According to Barron’s calculations, if Trump Media’s share price falls below $13 a share, Trump’s paper gains since his company’s merger with the special purpose acquisition company Digital World Acquisition Corp. rapidly vanish. That’s because as the share price declines, the value of Trump’s 114,750,000 shares also drops. A share price of $12.88 would send the value of his shares below the $1.478 billion private valuation of his stake in Trump Media as of Dec. 15, 2023.
As of Thursday’s close, Trump’s stake was valued around $1.8 billion, down from more than $5.7 billion on March 26, when the merger took place."
Barrons Article today.
With apologies because I cannot find a non-paywalled link.
unsure where to find archived option prices, but several groups noted many recent instances of pennies/day cost.
Trump Media Stock Is Still Falling
Uh huh. He's probably hoping that statement can stave off disaster for juuuust another 10 days or so before he dumps them....and besides, he's got enough money coming in from his various other grifts.
Of course, if he does indeed dump his shares, it'll just further screw his followers who bought it as a way of showing support for him and are already watching their $$$$ melt away each day.
Ah ha! I was wondering what set off the sudden stock rise today. Individuals with compromised thought processing who actually believe anything that Trump says.