Robert Karr - Joho Capital 13F Activity & Position Changes (Q1 2014)

As of Mar 31, 2014, the Joho Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - None reported

Increases - None reported

Reductions - Baidu, Inc., Hexcel Corporation, TAL Education Group, Veeco Instruments Inc., Vipshop Holdings Limited, and 2 more

Complete Exits - Estee Lauder Companies, Inc. (T, Micron Technology, Inc., Starbucks Corporation, TripAdvisor, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-576,144	-38.7%	$139.03K	912,406
Q1 2014	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell - Position Exit	-1,043,453	-100.0%	$0.00	-
Q1 2014	HXL Hexcel Corporation	Hexcel Corporation	Sell	-821,101	-59.7%	$24.14K	554,506
Q1 2014	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell - Position Exit	-2,361,697	-100.0%	$0.00	-
Q1 2014	SBUX Starbucks Corporation	Starbucks Corporation	Sell - Position Exit	-310,350	-100.0%	$0.00	-
Q1 2014	TAL TAL Education Group	TAL Education Group	Sell	-120,630	-4.4%	$58.61K	2,602,707
Q1 2014	TRIP TripAdvisor, Inc.	TripAdvisor, Inc.	Sell - Position Exit	-325,000	-100.0%	$0.00	-
Q1 2014	VECO Veeco Instruments Inc.	Veeco Instruments Inc.	Sell	-1,004,682	-39.6%	$64.20K	1,531,251
Q1 2014	VIPS Vipshop Holdings Limited	Vipshop Holdings Limited	Sell	-438,300	-57.3%	$48.85K	327,200
Q1 2014	VNET VNET Group, Inc.	VNET Group, Inc.	Sell	-632,565	-27.3%	$48.31K	1,683,217
Q1 2014	YELP Yelp Inc.	Yelp Inc.	Sell	-1,317,479	-68.1%	$47.41K	616,329