Robert Karr - Joho Capital 13F Activity & Position Changes (Q1 2019)

According to the SEC 13F filed on Aug 14, 2026, the Joho Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2019. 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 2019, the filing reported:

New Buys - Microsoft Corporation, Spotify, TJX Companies, Inc. (The)

Increases - Estee Lauder Companies, Inc. (T

Reductions - Alibaba Group Holding Limited, Cognex Corporation, Floor & Decor Holdings, Inc., Hexcel Corporation

Complete Exits - None reported

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 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-80,016	-9.9%	$132.75K	727,621
Q1 2019	CGNX Cognex Corporation	Cognex Corporation	Sell	-863,974	-31.1%	$97.23K	1,911,741
Q1 2019	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+5,912	+56.0%	$2.73K	16,462
Q1 2019	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell	-1,389,494	-24.9%	$172.83K	4,192,887
Q1 2019	HXL Hexcel Corporation	Hexcel Corporation	Sell	-270,903	-39.0%	$29.26K	423,053
Q1 2019	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+408,000	-	$48.12K	408,000
Q1 2019	SPOT Spotify	Spotify	Buy - Position Entry	+220,000	-	$30.54K	220,000
Q1 2019	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Buy - Position Entry	+35,614	-	$1.90K	35,614