Robert Karr - Joho Capital 13F Activity & Position Changes (Q2 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 Jun 30, 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 Q2 2019, the filing reported:

New Buys - Global Payments Inc., The RealReal, Inc.

Increases - Alibaba Group Holding Limited, Microsoft Corporation

Reductions - Cognex Corporation, Estee Lauder Companies, Inc. (T, 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
Q2 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+4,700	+0.6%	$124.09K	732,321
Q2 2019	CGNX Cognex Corporation	Cognex Corporation	Sell	-646,620	-33.8%	$60.70K	1,265,121
Q2 2019	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-4,100	-24.9%	$2.26K	12,362
Q2 2019	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell	-275,459	-6.6%	$164.14K	3,917,428
Q2 2019	GPN Global Payments Inc.	Global Payments Inc.	Buy - Position Entry	+207,000	-	$33.15K	207,000
Q2 2019	HXL Hexcel Corporation	Hexcel Corporation	Sell	-205,000	-48.5%	$17.64K	218,053
Q2 2019	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+375,000	+91.9%	$104.89K	783,000
Q2 2019	REAL The RealReal, Inc.	The RealReal, Inc.	Buy - Position Entry	+20,000	-	$578.00	20,000