Robert Karr - Joho Capital 13F Activity & Position Changes (Q3 2013)

According to the SEC 13F filed on Aug 14, 2026, the Joho Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2013. 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 Q3 2013, the filing reported:

New Buys - Vipshop Holdings Limited

Increases - Yelp Inc.

Reductions - Baidu, Inc., Estee Lauder Companies, Inc. (T, Micron Technology, Inc., Starbucks 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
Q3 2013	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-460,400	-20.1%	$284.13K	1,830,950
Q3 2013	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-103,101	-6.4%	$104.57K	1,495,953
Q3 2013	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-558,000	-10.4%	$84.36K	4,828,697
Q3 2013	SBUX Starbucks Corporation	Starbucks Corporation	Sell	-83,000	-11.8%	$47.77K	620,700
Q3 2013	VIPS Vipshop Holdings Limited	Vipshop Holdings Limited	Buy - Position Entry	+385,000	-	$21.87K	385,000
Q3 2013	YELP Yelp Inc.	Yelp Inc.	Buy	+42,000	+2.2%	$130.11K	1,966,008