GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Joho's Robert Karr Trims Top Holdings

November 22, 2013 | About:
Sally Jones

Sally Jones

49 followers
The portfolio of Robert Karr’s Joho Capital currently lists 16 stocks, two of them new, a total value of $1.33 billion, and a quarter-over-quarter turnover of 5%. The portfolio is weighted with top three sectors: technology at 66.2%, consumer defensive 18.41% and healthcare at 7.6%. According to the GuruFocus Score Board of Gurus, the stocks bought by Robert Karr in the past 12 months have an average return of 79.33%.

In the third quarter of 2013, Robert Karr was actively reducing his top holdings. Here’s a look at four of them, starting with Baidu Inc. (BIDU), the Chinese language internet search provider incorporated in the Cayman Islands in January 2000. Up 52% since January, Baidu Inc. has had an annual revenue growth of 65.70% over the past 5 years.

Baidu Inc. (BIDU)

Impacts Portfolio: -3.74%

Shares Owned: 1,830,950

Up 65% over 12 months, Baidu Inc. has a market cap of $55.41 billion; its shares were traded at around $158.46 with a P/E ratio of 40.00. The company does not pay a dividend.

Guru Action: As of Sept. 30, 2013, Robert Karr reduced his position by 20.09%, selling 460,400 shares at an average price of $128.96, for a gain of 22.8%.

Overall, Karr has averaged a 66% gain on 2,291,350 shares bought at an average price of $95.14 per share. He gained 23% on 460,400 shares sold at an average price of $128.96 per share.

Check out more gurus very active in the third quarter. No insiders were found.

Track historical share pricing, revenue and net income:

1385143483670.png

Google Inc. (GOOG)

Impacts Portfolio: -3.07%

Shares Owned: 247,064

Up 55% over 12 months, Google Inc. has a market cap of $345.72 billion; its shares were traded at around $1,034.81 with a P/E ratio of 27.60. Google Inc. does not pay a dividend.

Guru Action: As of Sept. 30, 2013, Robert Karr reduced his position by 14.17%, selling 40,800 shares at an average price of $887.31, for a gain of 16.5%.

Overall, Karr has averaged a 110% gain on 417,717 shares bought at an average price of $493.50 per share. He gained 91% on 369,543 shares sold at an average price of $541.78 per share.

Check out more gurus trading and insiders selling.

Track historical share pricing, revenue and net income:

1385143747710.png

Mead Johnson Nutrition Company (MJN)

Impacts Portfolio: -2.68%

Shares Owned: 1,371,900

Up 24% over 12 months, Mead Johnson Nutrition Company has a market cap of $16.91 billion; its shares were traded at around $83.69 with a P/E ratio of 27.00. The dividend yield is 1.60%.

Guru Action: As of Sept. 30, 2013, Robert Karr reduced his position by 22.36%, selling 395,000 shares at an average price of $74.97, for a gain of 11.8%.

Over four quarters, Karr averaged a 14% gain on 1,766,900 shares bought at an average price of $73.57 per share. He gained 12% on 395,000 shares sold at an average price of $74.97 per share.

Check out more gurus and insiders trading.

Track historical share pricing, revenue and net income:

1385143984975.png

Micron Technology Inc. (MU)

Impacts Portfolio: -0.68%

Shares Owned: 4,828,697

Up 255% over 12 months, Micron Technology Inc. has a market cap of $21.23 billion; its shares were traded at around $20.18 with a P/E ratio of 21.20. Micron Technology Inc. does not pay a dividend.

Guru Action: As of Sept. 30, 2013, Robert Karr reduced his position by 10.36%, selling 558,000 shares at an average price of $14.50, for a gain of 37.6%.

Overall, Karr has averaged a 142% gain on 8,536,697 shares bought at an average price of $8.24 per share. He gained 72% on 3,708,000 shares sold at an average price of $11.59 per share.

Check out more gurus trading and insiders selling.

Track historical share pricing, revenue and net income:

1385144211366.png

Robert Karr is a famed “Tiger Cub" and known for his simple, concentrated investments. He is the founder of his hedge fund Joho Capital and an expert in Asian markets.



Here is the complete portfolio of Robert Karr.

1. Robert Karr's Undervalued Stocks

2. Robert Karr's Top Growth Companies

3. Robert Karr's High Yield stocks

4. Stocks that Robert Karr keeps buying

Check out the GuruFocus Score Board of Gurus to track performance numbers for all the investor Gurus and their companies.

GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

If you are not a Premium Member, we invite you for a 7-day Free Trial.

About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:


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
Email Hide