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Hedge Fund Joho Capital Buys EL, KT, KH, XRS, RDA, XRS, NVDA, Sells MR, GOOG, BIDU

gurufocus

gurufocus

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Robert Karr at hedge fund Joho Capital reported his Q4 portfolio. As of 12/31/2010, Joho Capital owns 13 stocks with a total value of $616 million. These are the details of the buys and sells.

Robert Karr is one of the Tiger Cubs, the hedge fund managers who learned from the legendary Julian Robertson. He tends to hold very concentrated positions in the area of new technologies. His portfolio turnover is small. As of Jan. 2010, his fund, Joho Fund, Ltd -A-, has gained an annualized 22.15% since inception in Oct. 1996. Over the lifetime of the fund, his largest loss was from Nov. 2007 to Nov. 2008, lost 19%.

You can also check other Tiger family of hedge funds we just updated: Maverick Capital, Blueridge Capital, and Shumway Capital, and Lone Pine Capital.

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 33.6%
Technology 24%
Consumer Goods 17.6%
Health Care 6.7%


These are the top 5 holdings of Robert Karr

  1. NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP INC. (EDU) - 1,597,881 shares, 27.3% of the total portfolio. Shares reduced by 2.72%
  2. ESTEE LAUDER CO. (EL) - 1,342,408 shares, 17.59% of the total portfolio. Shares added by 153.84%
  3. Yahoo! Inc. (YHOO) - 6,396,485 shares, 17.27% of the total portfolio. Shares reduced by 7.24%
  4. KT CORP. (KT) - 3,389,483 shares, 11.45% of the total portfolio. Shares added by 232.63%
  5. MINDRAY MEDICAL INTERNATIONAL Ltd. (MR) - 1,559,666 shares, 6.69% of the total portfolio. Shares reduced by 57.93%


Added: Estee Lauder Co. (EL)

Robert Karr added to his holdings in Estee Lauder Co. by 153.84%. His purchase prices were between $62.55 and $80.08, with an estimated average price of $72.52. The impact to his portfolio due to this purchase was 10.66%. His holdings were 1,342,408 shares as of 12/31/2010.

Estee Lauder Co. is one of the world's manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Estee Lauder Co. has a market cap of $18.6 billion; its shares were traded at around $94.23 with a P/E ratio of 27.9 and P/S ratio of 2.4. The dividend yield of Estee Lauder Co. stocks is 0.8%. Estee Lauder Co. had an annual average earning growth of 5.6% over the past 10 years.

Added: Kt Corp. (KT)

Robert Karr added to his holdings in Kt Corp. by 232.63%. His purchase prices were between $20.29 and $22.07, with an estimated average price of $21.15. The impact to his portfolio due to this purchase was 8.01%. His holdings were 3,389,483 shares as of 12/31/2010.

KT Korea's top integrated wired/wireless communications service provider, has been Korea's leader in the development of the information & communications business for the last twenty five years. Kt Corp. has a market cap of $9.53 billion; its shares were traded at around $19.59 with a P/E ratio of 20.2 and P/S ratio of 0.7.

Added: China Kanghui Holdings (KH)

Robert Karr added to his holdings in China Kanghui Holdings by 64.66%. His purchase prices were between $13.95 and $22.79, with an estimated average price of $18.59. The impact to his portfolio due to this purchase was 0.55%. His holdings were 464,838 shares as of 12/31/2010.

China Kanghui Holdings is a developer, manufacturer and marketer of orthopedic implants in China. China Kanghui Holdings has a market cap of $354.4 million; its shares were traded at around $15.54 with and P/S ratio of 13.1.

New Purchase: Rda Microelectronics Inc. (RDA)

Robert Karr initiated holdings in Rda Microelectronics Inc.. His purchase prices were between $9.87 and $17.57, with an estimated average price of $14.03. The impact to his portfolio due to this purchase was 2.34%. His holdings were 990,479 shares as of 12/31/2010.

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 $580.4 million; its shares were traded at around $13.67 .

New Purchase: Tal Education Group (XRS)

Robert Karr initiated holdings in Tal Education Group. His purchase prices were between $14.29 and $18, with an estimated average price of $15.91. The impact to his portfolio due to this purchase was 2.08%. His holdings were 793,868 shares as of 12/31/2010.

TAL Education Group provides K-12 after-school tutoring service in China. Tal Education Group has a market cap of $144.5 million; its shares were traded at around $12.04 .

New Purchase: Nvidia Corp. (NVDA)

Robert Karr initiated holdings in Nvidia Corp.. His purchase prices were between $10.7 and $15.11, with an estimated average price of $13.06. The impact to his portfolio due to this purchase was 0.63%. His holdings were 252,700 shares as of 12/31/2010.

NVIDIA Corporation designs, develops and markets a `top-to-bottom` family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corp. has a market cap of $13.58 billion; its shares were traded at around $23.38 with a P/E ratio of 36.5 and P/S ratio of 4.

Reduced: Mindray Medical International Ltd. (MR)

Robert Karr reduced to his holdings in Mindray Medical International Ltd. by 57.93%. His sale prices were between $25.75 and $31.1, with an estimated average price of $27.95. The impact to his portfolio due to this sale was -9.21%. Robert Karr still held 1,559,666 shares as of 12/31/2010.

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 Ltd. has a market cap of $2.32 billion; its shares were traded at around $27.51 with a P/E ratio of 20.5 and P/S ratio of 3.6. The dividend yield of Mindray Medical International Ltd. stocks is 0.6%.

Reduced: Google Inc. (GOOG)

Robert Karr reduced to his holdings in Google Inc. by 52.68%. His sale prices were between $522.35 and $626.77, with an estimated average price of $590.4. The impact to his portfolio due to this sale was -6.31%. Robert Karr still held 58,755 shares as of 12/31/2010.

Google is a public and profitable company focused on search services. Google Inc. has a market cap of $199.61 billion; its shares were traded at around $624.22 with a P/E ratio of 23.8 and P/S ratio of 6.8. Google Inc. had an annual average earning growth of 58.4% over the past 10 years.

Reduced: Baidu Inc. Ads (BIDU)

Robert Karr reduced to his holdings in Baidu Inc. Ads by 93.88%. His sale prices were between $96.22 and $112.87, with an estimated average price of $105.04. The impact to his portfolio due to this sale was -5.98%. Robert Karr still held 24,610 shares as of 12/31/2010.

Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People's Republic of China. Baidu Inc. Ads has a market cap of $33 billion; its shares were traded at around $128.71 with a P/E ratio of 85.7 and P/S ratio of 27.5. Baidu Inc. Ads had an annual average earning growth of 48.3% over the past 5 years.

Sold Out: Cninsure Inc. (CISG)

Robert Karr sold out his holdings in Cninsure Inc.. His sale prices were between $16 and $26.35, with an estimated average price of $21.44.

Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $897.5 million; its shares were traded at around $17.79 with a P/E ratio of 15.1 and P/S ratio of 5.3. The dividend yield of Cninsure Inc. stocks is 1.3%.

Sold Out: China Lodging Group Ltd. (HTHT)

Robert Karr sold out his holdings in China Lodging Group Ltd.. His sale prices were between $19.7 and $27.07, with an estimated average price of $23.1.

China Lodging Group, Limited is an economy hotel chain operator in China. China Lodging Group Ltd. has a market cap of $1.05 billion; its shares were traded at around $17.86 with and P/S ratio of 5.4.

Added: Tal Education Group (XRS)

Robert Karr added to his holdings in Tal Education Group by 58.62%. The impact to his portfolio due to this purchase was 1.05%. His holdings were 1,259,268 shares as of 12/31/2010.

TAL Education Group provides K-12 after-school tutoring service in China. Tal Education Group has a market cap of $144.5 million; its shares were traded at around $12.04 .

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gurufocus
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