Robert Karr - Joho Capital 13F Activity & Position Changes (Q4 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 Dec 31, 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 Q4 2013, the filing reported:

New Buys - None reported

Increases - Veeco Instruments Inc., Vipshop Holdings Limited, VNET Group, Inc.

Reductions - Baidu, Inc., Estee Lauder Companies, Inc. (T, Micron Technology, Inc., Starbucks Corporation, Yelp Inc.

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
Q4 2013	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-342,400	-18.7%	$264.78K	1,488,550
Q4 2013	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-452,500	-30.2%	$78.59K	1,043,453
Q4 2013	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-2,467,000	-51.1%	$51.39K	2,361,697
Q4 2013	SBUX Starbucks Corporation	Starbucks Corporation	Sell	-310,350	-50.0%	$24.33K	310,350
Q4 2013	VECO Veeco Instruments Inc.	Veeco Instruments Inc.	Buy	+1,594,976	+169.5%	$83.46K	2,535,933
Q4 2013	VIPS Vipshop Holdings Limited	Vipshop Holdings Limited	Buy	+380,500	+98.8%	$64.06K	765,500
Q4 2013	VNET VNET Group, Inc.	VNET Group, Inc.	Buy	+166,000	+7.7%	$54.47K	2,315,782
Q4 2013	YELP Yelp Inc.	Yelp Inc.	Sell	-32,200	-1.6%	$133.34K	1,933,808