Robert Karr - Joho Capital 13F Activity & Position Changes (Q4 2015)

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, 2015. 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 2015, the filing reported:

New Buys - Baidu, Inc., Alphabet Inc., Alphabet Inc., Yelp Inc., Yiren Digital Ltd.

Increases - Cognex Corporation

Reductions - TAL Education Group

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 2015	BIDU Baidu, Inc.	Baidu, Inc.	Buy - Position Entry	+12,516	-	$2.37K	12,516
Q4 2015	CGNX Cognex Corporation	Cognex Corporation	Buy	+1,188,096	+337.1%	$52.02K	1,540,549
Q4 2015	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+52,956	-	$40.19K	52,956
Q4 2015	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+2,607	-	$2.03K	2,607
Q4 2015	TAL TAL Education Group	TAL Education Group	Sell	-1,014,868	-53.5%	$41.04K	883,056
Q4 2015	YELP Yelp Inc.	Yelp Inc.	Buy - Position Entry	+68,600	-	$1.98K	68,600
Q4 2015	YRD Yiren Digital Ltd.	Yiren Digital Ltd.	Buy - Position Entry	+725,275	-	$6.85K	725,275