Robert Karr - Joho Capital 13F Activity & Position Changes (Q3 2014)

As of Sep 30, 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 Q3 2014, the filing reported:

New Buys - None reported

Increases - Hexcel Corporation

Reductions - Baidu, Inc., TAL Education Group, Veeco Instruments Inc., Vipshop Holdings Limited, VNET Group, Inc., and 1 more

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 2014	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-121,000	-14.9%	$150.48K	689,550
Q3 2014	HXL Hexcel Corporation	Hexcel Corporation	Buy	+70,963	+12.8%	$24.83K	625,469
Q3 2014	TAL TAL Education Group	TAL Education Group	Sell	-78,774	-3.1%	$87.12K	2,493,530
Q3 2014	VECO Veeco Instruments Inc.	Veeco Instruments Inc.	Sell	-254,413	-18.9%	$38.21K	1,093,387
Q3 2014	VIPS Vipshop Holdings Limited	Vipshop Holdings Limited	Sell	-30,500	-12.6%	$40.01K	211,700
Q3 2014	VNET VNET Group, Inc.	VNET Group, Inc.	Sell	-437,642	-27.3%	$20.98K	1,165,292
Q3 2014	YELP Yelp Inc.	Yelp Inc.	Sell	-393,631	-67.4%	$13.01K	190,677