New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic Search
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicSearchLog In
Hedge Fund Joho Capital Buys GOOG, SINA, Sells YHOO, HMIN, SVN, DATE, MR, RDA
Posted by: gurufocus (IP Logged)
Date: November 15, 2011 04:04PM

Robert Karr is the founder of hedge fund Joho Capital. He is one of the Tiger Cubs, the hedge fund managers who learned from the legendary Julian Robertson. Robert Karr tends to hold very concentrated positions in the area of new technologies. His stock picks performed the best among our gurus, according to the Scoreboard of Gurus.

Robert Karr buys Google Inc., Sina Corp., sells Yahoo! Inc., Home Inns & Hotels Management Inc., Jiayuan.com International Ltd., Mindray Medical International, 7 Days Group Holdings Ltd, Rda Microelectronics Inc. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Joho Capital. As of 09/30/2011, Joho Capital owns 11 stocks with a total value of $470 million. These are the details of the buys and sells.

This is the portfolio chart of Robert Karr. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Robert Karr's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Robert+Karr

This is the sector weightings of his portfolio:

Consumer Services 35.9%
Technology 28.1%
Consumer Goods 17.7%
Telecom 10.7%
Basic Materials 3.9%
Industrials 3.9%


These are the top 5 holdings of Robert Karr

  1. New Oriental Education & Technology Group (EDU) - 5,714,836 shares, 27.9% of the total portfolio.
  2. Estee Lauder Cos. Inc. (EL) - 946,627 shares, 17.7% of the total portfolio. Shares reduced by 10.83%
  3. Google Inc. (GOOG) - 130,196 shares, 14.3% of the total portfolio. Shares added by 106.62%
  4. KT Corp. ADS (KT) - 3,389,483 shares, 10.7% of the total portfolio.
  5. Yahoo! Inc. (YHOO) - 3,490,117 shares, 9.8% of the total portfolio. Shares reduced by 41.96%


Sold Out: Jiayuan.com International Ltd. (DATE)

Robert Karr sold out his holdings in Jiayuan.com International Ltd.. His sale prices were between $7.83 and $15, with an estimated average price of $12.22. Jiayuan.com International Ltd. operates online dating platform in China. Jiayuan.com International Ltd. has a market cap of $304.5 million; its shares were traded at around $9.74 .

Sold Out: Mindray Medical International (MR)

Robert Karr sold out his holdings in Mindray Medical International. His sale prices were between $21.36 and $28.29, with an estimated average price of $25.44. Mindray Medical International Limited is a developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray Medical International has a market cap of $2.38 billion; its shares were traded at around $27.85 with a P/E ratio of 20.2 and P/S ratio of 3.4. The dividend yield of Mindray Medical International stocks is 0.9%. Mindray Medical International had an annual average earnings growth of 32.9% over the past 5 years.

Sold Out: Rda Microelectronics Inc. (RDA)

Robert Karr sold out his holdings in Rda Microelectronics Inc.. His sale prices were between $7.88 and $9.92, with an estimated average price of $9.15. RDA Microelectronics Inc operates as a fabless semiconductor company that designs, develops, and markets radio-frequency and mixed-signal semiconductors for a broad range of cellular, broadcast, and connectivity applications. Rda Microelectronics Inc. has a market cap of $455 million; its shares were traded at around $10.44 with a P/E ratio of 13.1 and P/S ratio of 2.4.

Added: Google Inc. (GOOG)

Robert Karr added to his holdings in Google Inc. by 106.62%. His purchase prices were between $490.92 and $622.52, with an estimated average price of $552.64. The impact to his portfolio due to this purchase was 7.36%. His holdings were 130,196 shares as of 09/30/2011. Google is a public and profitable company focused on search services. Google Inc. has a market cap of $198.54 billion; its shares were traded at around $613 with a P/E ratio of 19.9 and P/S ratio of 6.8. Google Inc. had an annual average earnings growth of 58.4% over the past 10 years.

Added: Sina Corp. (SINA)

Robert Karr added to his holdings in Sina Corp. by 3.54%. His purchase prices were between $73.23 and $121.01, with an estimated average price of $103.05. The impact to his portfolio due to this purchase was 0.14%. His holdings were 263,100 shares as of 09/30/2011. SINA Corporation is a online media company and value-added information service provider for China and for global Chinese communities. Sina Corp. has a market cap of $5.2 billion; its shares were traded at around $78.89 with a P/E ratio of 83.9 and P/S ratio of 12.9. Sina Corp. had an annual average earnings growth of 11% over the past 5 years.

Reduced: Yahoo! Inc. (YHOO)

Robert Karr reduced to his holdings in Yahoo! Inc. by 41.96%. His sale prices were between $11.09 and $15.81, with an estimated average price of $13.85. The impact to his portfolio due to this sale was -5.91%. Robert Karr still held 3,490,117 shares as of 09/30/2011. Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. Yahoo! Inc. has a market cap of $20.2 billion; its shares were traded at around $16 with a P/E ratio of 18.8 and P/S ratio of 3.2.

Reduced: Home Inns & Hotels Management Inc. (HMIN)

Robert Karr reduced to his holdings in Home Inns & Hotels Management Inc. by 51.17%. His sale prices were between $28 and $40.9, with an estimated average price of $36.56. The impact to his portfolio due to this sale was -3.07%. Robert Karr still held 494,264 shares as of 09/30/2011. Home Inns & Hotels Management Inc. is a economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Home Inns & Hotels Management Inc. has a market cap of $1.32 billion; its shares were traded at around $33.29 with a P/E ratio of 38.3 and P/S ratio of 2.9. Home Inns & Hotels Management Inc. had an annual average earnings growth of 58% over the past 5 years.

Reduced: 7 Days Group Holdings Ltd (SVN)

Robert Karr reduced to his holdings in 7 Days Group Holdings Ltd by 40.17%. His sale prices were between $13.51 and $22.53, with an estimated average price of $18.96. The impact to his portfolio due to this sale was -1.13%. Robert Karr still held 559,465 shares as of 09/30/2011. 7 Days Group Holdings Limited is a hotel chain based in China. 7 Days Group Holdings Ltd has a market cap of $718.3 million; its shares were traded at around $14.4 with a P/E ratio of 38.9 and P/S ratio of 3.2.




Guru Discussed: Robert Karr: Current Portfolio, Stock Picks
Stocks Discussed: GOOG, SINA, YHOO, HMIN, SVN, DATE, MR, RDA,
Rate this post:

Rating: 3.1/5 (13 votes)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide