Robert Karr - Joho Capital 13F Activity & Position Changes (Q3 2021)

As of Sep 30, 2021, the Joho Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 15, 2021. 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 2021, the filing reported:

New Buys - None reported

Increases - Alibaba Group Holding Limited, Global Payments Inc.

Reductions - Adobe Inc., Amazon.com, Inc., Estee Lauder Companies, Inc. (T, Microsoft Corporation, ServiceNow, Inc.

Complete Exits - Dayforce, Inc., Simon Property Group, 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
Q3 2021	ADBE Adobe Inc.	Adobe Inc.	Sell	-480	-8.6%	$2.95K	5,130
Q3 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-188	-10.8%	$5.10K	1,552
Q3 2021	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+385,900	+67.6%	$141.65K	956,791
Q3 2021	DAY Dayforce, Inc.	Dayforce, Inc.	Sell - Position Exit	-185,037	-100.0%	$0.00	-
Q3 2021	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-1,775	-18.1%	$2.41K	8,032
Q3 2021	GPN Global Payments Inc.	Global Payments Inc.	Buy	+189,693	+31.8%	$123.96K	786,648
Q3 2021	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-25,700	-3.5%	$202.28K	717,500
Q3 2021	NOW ServiceNow, Inc.	ServiceNow, Inc.	Sell	-488	-7.3%	$3.86K	6,202
Q3 2021	SPG Simon Property Group, Inc.	Simon Property Group, Inc.	Sell - Position Exit	-8,100	-100.0%	$0.00	-