Below is a spreadsheet that highlights the changes to Robert Karr's Joho Capital US long stock portfolio as of Q2
2013. Please check out our previous update to have an idea on how the portfolio is progressing:
Karr's portfolio increased by around 29% this quarter from around $902M to just over $1.16M. Karr made several adjustments to the portfolio this quarter. The prominent ones are:
a) A large 13.68% position in Baidu Inc. (BIDU) established at prices between $84 and $113 last quarter was increased by 64% to an 18.56% stake,
b) A large 9.44% position in Micron Technology (MU) established at prices between $6.34 and $10 was reduced by ~36% at much higher prices to a 6.62% stake,
c) A large 7.21% stake establishment in Mindray Medical (MR) at around $38, and
d) The 4.35% position in Sina Group (SINA) was eliminated.
The largest position is a 21.72% stake in Google (GOOG).
To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .
Karr's portfolio increased by around 29% this quarter from around $902M to just over $1.16M. Karr made several adjustments to the portfolio this quarter. The prominent ones are:
a) A large 13.68% position in Baidu Inc. (BIDU) established at prices between $84 and $113 last quarter was increased by 64% to an 18.56% stake,
b) A large 9.44% position in Micron Technology (MU) established at prices between $6.34 and $10 was reduced by ~36% at much higher prices to a 6.62% stake,
c) A large 7.21% stake establishment in Mindray Medical (MR) at around $38, and
d) The 4.35% position in Sina Group (SINA) was eliminated.
The largest position is a 21.72% stake in Google (GOOG).
To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .
No comments :
Post a Comment