We are live on
!
Find out more
JC
Joho Capital Portfolio holdings
AUM
$460M
1-Year Est. Return
11.37%
This Fund
S&P 500
This Quarter
Est. Return
+18.29%
1 Year Est. Return
+11.37%
3 Year Est. Return
+80.2%
5 Year Est. Return
+106.67%
10 Year Est. Return
+594.64%
AUM
$1.46B
AUM Growth
+$129M
(+9.7%)
Cap. Flow
-$75.6M
Cap. Flow
% of AUM
-5.17%
Top 10 Holdings %
Top 10 Hldgs %
83.54%
Holding
18
New
2
Increased
5
Reduced
7
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Veeco
VECO
|
+$51.6M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$30.9M |
| 3 |
WUBA
58.com Inc
WUBA
|
+$29.2M |
| 4 |
Vipshop
VIPS
|
+$29M |
| 5 |
YOKU
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
|
+$18.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$55.3M |
| 2 |
MR
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
|
+$52.8M |
| 3 |
Micron Technology
MU
|
+$48M |
| 4 |
Estee Lauder
EL
|
+$32.8M |
| 5 |
Starbucks
SBUX
|
+$24.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 46.9% |
| 2 | Consumer Staples | 19.51% |
| 3 | Technology | 18.24% |
| 4 | Consumer Discretionary | 7.89% |
| 5 | Industrials | 4.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Baidu
BIDU
$35.2B
| $265M | 18.11% |
1,488,550
-342,400
| -19% | -$55.3M |
|
2
Alphabet (Google) Class C
GOOG
$4.2T
| $252M | 17.21% |
9,011,009
-908,593
| -9% | -$23M |
|
|
MJN
3
DELISTED
Mead Johnson Nutrition Company
MJN
| $147M | 10.04% |
1,751,900
+380,000
| +28% | +$30.9M |
|
4
Yelp
YELP
$1.34B
| $133M | 9.12% |
1,933,808
-32,200
| -2% | -$2.13M |
|
|
5
Veeco
VECO
$3.2B
| $83.5M | 5.71% |
2,535,933
+1,594,976
| +170% | +$51.6M |
|
|
6
Estee Lauder
EL
$31.2B
| $78.6M | 5.38% |
1,043,453
-452,500
| -30% | -$32.8M |
|
|
YOKU
7
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $77.3M | 5.29% |
2,552,383
+641,000
| +34% | +$18.4M |
|
|
8
Vipshop
VIPS
$6.81B
| $64.1M | 4.38% |
7,655,000
+3,805,000
| +99% | +$29M |
|
9
Hexcel
HXL
$7.87B
| $61.5M | 4.21% |
1,375,607
| – | – |
|
10
TAL Education Group
TAL
$6.46B
| $59.9M | 4.1% |
16,340,022
| – | – |
|
|
VNET
11
VNET Group
VNET
$2.16B
| $54.5M | 3.73% |
2,315,782
+166,000
| +8% | +$3.18M |
|
|
12
Micron Technology
MU
$1.1T
| $51.4M | 3.52% |
2,361,697
-2,467,000
| -51% | -$48M |
|
|
WUBA
13
DELISTED
58.com Inc
WUBA
| $35.3M | 2.41% |
+920,000
| New | +$29.2M |
|
14
TripAdvisor
TRIP
$1.26B
| $26.9M | 1.84% |
325,000
| – | – |
|
|
15
Starbucks
SBUX
$123B
| $24.3M | 1.66% |
620,700
-620,700
| -50% | -$24.6M |
|
|
MR
16
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $23.9M | 1.63% |
656,715
-1,357,817
| -67% | -$52.8M |
|
|
VAR
17
DELISTED
Varian Medical Systems, Inc.
VAR
| $23.7M | 1.62% |
347,816
| – | – |
|
|
QUNR
18
DELISTED
Qunar Cayman Islands Limited
QUNR
| $663K | 0.05% |
+25,000
| New | +$677K |
|
Similar funds
GIM
AWCI
DC
SGA
IAG
PAA
RAG
HIP
Joho Capital's Q4 2013 Portfolio in Review
As of Q4 2013, Joho Capital held 18 positions worth $1.46B, up 9.7% from $1.33B the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Joho Capital withdrew a net $75.6M in Q4 2013, reducing 7 holdings. Its largest reduction was Baidu, cutting an estimated $55.3M.
By sector, the portfolio is most concentrated in Communication Services at 47% of assets, down from 47% a quarter earlier, followed by Consumer Staples and Technology.
Against the trend, Joho Capital opened a new position in 58.com Inc worth $35.3M.
- Joho Capital's largest Q4 2013 buy was 58.com Inc: 920,000 shares worth $35.3M.
- Joho Capital added most to Veeco in Q4 2013, an estimated $51.6M increase.
- Joho Capital's biggest Q4 2013 reduction was Baidu, cutting an estimated $55.3M.
- Joho Capital's ten largest holdings make up 84% of its $1.46B portfolio in Q4 2013.
- Joho Capital opened 2 new positions and closed 0 in Q4 2013.
- Joho Capital's portfolio value rose 9.7% quarter-over-quarter to $1.46B.
Based on Joho Capital's 13F filing for Q4 2013, filed 12 Feb 2014.