Robert Karr - Joho Capital 13F Activity & Position Changes (Q4 2018)

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, 2018. 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 2018, the filing reported:

New Buys - None reported

Increases - Cognex Corporation, Floor & Decor Holdings, Inc.

Reductions - Estee Lauder Companies, Inc. (T, Hexcel 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
Q4 2018	CGNX Cognex Corporation	Cognex Corporation	Buy	+508,798	+22.4%	$107.34K	2,775,715
Q4 2018	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-3,250	-23.6%	$1.37K	10,550
Q4 2018	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+2,630,623	+89.1%	$144.58K	5,582,381
Q4 2018	HXL Hexcel Corporation	Hexcel Corporation	Sell	-132,010	-16.0%	$39.79K	693,956