Joho Capital
New York, NYfiles as JOHO CAPITAL LLC
$460m in 10 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 15.7% of the portfolio this quarter.
Value
$460m
Stocks
10
Top 10 share
100.0%
Turnover
15.7%
What changed this quarter
New
Bought for the first time this quarter.
- PayPayPAYP3.0% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN17.9% of the fund+30%
- HubbellHUBB6.9% of the fund+155%
- WerideWRD1.9% of the fund+90%
Cut
Sold some of their stake.
- MicrosoftMSFT23.3% of the fund-7%
- WalmartWMT2.3% of the fund-24%
Sold out
Sold their entire stake.
- Wix.comWIX-100%
Holdings
- WerideWRD
- Share
- 1.9%
- Value
- $9m
- Shares
- 1,497,626
+90%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 23.3% | $107m | 287,000 | -7% |
| Dutch BrosBROS | 22.1% | $102m | 1,418,394 | Held |
| Taiwan Semiconductor ManufacturingTSM | 19.7% | $91m | 190,100 | Held |
| Amazon.comAMZN | 17.9% | $83m | 346,600 | +30% |
| HubbellHUBB | 6.9% | $32m | 61,000 | +155% |
| PayPayPAYP | 3.0% | $14m | 961,608 | New |
| WalmartWMT | 2.3% | $10m | 91,650 | -24% |
| WerideWRD | 1.9% | $9m | 1,497,626 | +90% |
| SharkNinjaSN | 1.6% | $7m | 48,000 | Held |
| AmphenolAPH | 1.3% | $6m | 34,080 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 35.1% since 30 June 2025.
Where the money is
Technology47.3%
Retail & consumer41.7%
Industrials6.9%
Everyday goods2.3%
Other1.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.