JC

Joho Capital Portfolio holdings

AUM $460M Turnover 18.18%
1-Year Est. Return 11.37%
This Fund
S&P 500
This Quarter Est. Return
-12.03%
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
$438M
AUM Growth
-$263M
Cap. Flow
-$189M
Cap. Flow %
-43.2%
Top 10 Hldgs %
99.37%
Holding
19
New
–
Increased
3
Reduced
6
Closed
7
Avg Time Held
2.5 years
Top 10 Avg Time Held
2 years
Top 20 Avg Time Held
2.5 years

Top Buys

Rank Stock Value
1
ADSK icon
Autodesk
ADSK
+$1.48M
2
EL icon
Estee Lauder
EL
+$457K
3
ECL icon
Ecolab
ECL
+$282K

Top Sells

Rank Stock Value
1
DT icon
Dynatrace
DT
+$69.1M
2
GPN icon
Global Payments
GPN
+$62.2M
3
BABA icon
Alibaba
BABA
+$20.5M
4
LTHM
Livent Corporation
LTHM
+$8.57M
5
EEFT icon
Euronet Worldwide
EEFT
+$8.06M

Sector Composition

Rank Sector Weight
1 Technology 49.04%
2 Consumer Discretionary 21.42%
3 Materials 20.76%
4 Industrials 6.14%
5 Consumer Staples 2.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
MSFT icon
1
Microsoft
MSFT
$3.96T
$152M 34.68%
590,800
-27,200
-4% -$7.38M
2019 Q1
13 quarters
BABA icon
2
Alibaba
BABA
$277B
$93.7M 21.42%
824,571
-209,390
-20% -$20.5M
2015 Q2
28 quarters
LTHM
3
DELISTED
Livent Corporation
LTHM
$89.4M 20.43%
3,940,080
-333,000
-8% -$8.57M
2019 Q3
11 quarters
EEFT icon
4
Euronet Worldwide
EEFT
$2.39B
$55.8M 12.75%
554,429
-68,075
-11% -$8.06M
2020 Q3
7 quarters
GPN icon
5
Global Payments
GPN
$21.4B
$26.9M 6.14%
242,860
-491,813
-67% -$62.2M
2019 Q2
12 quarters
STZ icon
6
Constellation Brands
STZ
$21.6B
$4.25M 0.97%
18,215
– –
2020 Q4
6 quarters
ADSK icon
7
Autodesk
ADSK
$48.3B
$3.64M 0.83%
21,170
+7,700
+57% +$1.48M
2021 Q1
5 quarters
APH icon
8
Amphenol
APH
$204B
$3.41M 0.78%
211,760
– –
2021 Q1
5 quarters
PG icon
9
Procter & Gamble
PG
$364B
$3.31M 0.76%
23,050
-4,800
-17% -$721K
2020 Q3
7 quarters
EL icon
10
Estee Lauder
EL
$36.8B
$2.64M 0.6%
10,352
+1,800
+21% +$457K
2018 Q1
17 quarters
ECL icon
11
Ecolab
ECL
$80.7B
$1.45M 0.33%
9,420
+1,700
+22% +$282K
2020 Q4
6 quarters
SPG icon
12
Simon Property Group
SPG
$64.3B
$1.33M 0.3%
13,970
– –
2021 Q4
2 quarters
ADBE icon
13
Adobe
ADBE
$93.7B
– –
-1,185
Closed -$540K –
AMZN icon
14
Amazon
AMZN
$2.74T
– –
-32,140
Closed -$5.24M –
DT icon
15
Dynatrace
DT
$18.4B
– –
-1,466,050
Closed -$69.1M –
GOOGL icon
16
Alphabet (Google) Class A
GOOGL
$4.25T
– –
-24,380
Closed -$3.39M –
META icon
17
Meta Platforms (Facebook)
META
$1.88T
– –
-5,180
Closed -$1.15M –
NOW icon
18
ServiceNow
NOW
$145B
– –
-31,010
Closed -$3.45M –
UBER icon
19
Uber
UBER
$142B
– –
-26,950
Closed -$962K –

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AWCI
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DC
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SGA
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Joho Capital's Q2 2022 Portfolio in Review

As of Q2 2022, Joho Capital held 19 positions worth $438M, down 38% from $701M the previous quarter. Its ten largest holdings account for 99% of the portfolio.

Joho Capital withdrew a net $189M in Q2 2022, closing 7 positions and reducing 6 holdings. Its most notable exit was Dynatrace, an estimated $69.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 49% of assets, down from 50% a quarter earlier, followed by Consumer Discretionary and Materials.

Against the trend, Joho Capital added an estimated $1.48M to Autodesk.

  • Joho Capital added most to Autodesk in Q2 2022, an estimated $1.48M increase.
  • Joho Capital's biggest Q2 2022 reduction was Global Payments, cutting an estimated $62.2M.
  • Joho Capital fully exited Dynatrace in Q2 2022, selling an estimated $69.1M.
  • Joho Capital's ten largest holdings make up 99% of its $438M portfolio in Q2 2022.
  • Joho Capital opened 0 new positions and closed 7 in Q2 2022.
  • Joho Capital's portfolio value fell 38% quarter-over-quarter to $438M.

Based on Joho Capital's 13F filing for Q2 2022, filed 12 Aug 2022.