Below is a spreadsheet that highlights the changes to Robert Karr's Joho Capital US long stock portfolio as of Q3
2013. Please check out our previous update to have an idea on how the portfolio is progressing:
Karr's portfolio increased by around 14% this quarter from around $1.16B to $1.33B. Baidu (BIDU) and Google (GOOG) are his largest positions at 21.32% and 16.24% respectively. Position sizes in both were reduced this quarter. Baidu has returned over 55% so far this year compared to over 45% for Google. Two small new positions were added this quarter: Varian Medical (VAR) at 1.71% and Vipshop Holdings (VIPS) at 1.64%. Yelp saw a marginal increase while Youku position was doubled. Yelp have had a stunning performance this year returning over 200%. It accounts for just under 10% of Karr's US long portfolio.
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 14% this quarter from around $1.16B to $1.33B. Baidu (BIDU) and Google (GOOG) are his largest positions at 21.32% and 16.24% respectively. Position sizes in both were reduced this quarter. Baidu has returned over 55% so far this year compared to over 45% for Google. Two small new positions were added this quarter: Varian Medical (VAR) at 1.71% and Vipshop Holdings (VIPS) at 1.64%. Yelp saw a marginal increase while Youku position was doubled. Yelp have had a stunning performance this year returning over 200%. It accounts for just under 10% of Karr's US long portfolio.
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 .
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