Joho Capital LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Joho Capital LLC reported 10 stock positions worth $576.3 million. Its top holding was Microsoft (MSFT) at 40.7% of the portfolio, followed by Dutch Bros Class A (BROS, 17.4%) and Adobe (ADBE, 14.7%). Compared with Q3 2024, it sold out of 2, added to 1 and reduced 4. The biggest buy was Adobe (ADBE, shares +64%) and the biggest sale an exit from Nu Holdings Ltd./Cayman Isl-A (NU).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001106500
- Portfolio Value
- $576.3M (Q4 2024)
- SEC Filing
- 0001172661-25-000865 ↗ filed Feb 14, 2025
Holdings Value
Holdings 10 stocks · $576.3M
| MSFT Microsoft Corp. | 40.68% | 556,200 | $234.4M | Reduce -14.7% |
| BROS Dutch Bros Inc. Class A | 17.45% | 1,919,514 | $100.5M | No change |
| ADBE Adobe Inc. | 14.65% | 189,900 | $84.4M | Add +64.1% |
| PWR Quanta Services Inc. | 13.58% | 247,643 | $78.3M | Reduce -14.7% |
| UBER Uber Technologies Inc. | 10.38% | 991,900 | $59.8M | Reduce -20.3% |
| BMBL Bumble Inc. Class A | 0.95% | 675,000 | $5.5M | Reduce -50.0% |
| APH Amphenol Corp. Class A | 0.95% | 78,480 | $5.5M | No change |
| PG The Procter & Gamble Co. | 0.67% | 23,050 | $3.9M | No change |
| STZ Constellation Brands Inc. Class A | 0.38% | 9,815 | $2.2M | No change |
| ANSS Ansys Inc. | 0.31% | 5,230 | $1.8M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −4.59 |
| UBER Uber Technologies Inc. | Reduce -20.3% | 10.38% | −4.38 |
| MSFT Microsoft Corp. | Reduce -14.7% | 40.68% | −3.61 |
| BMBL Bumble Inc. Class A | Reduce -50.0% | 0.95% | −0.41 |
| PWR Quanta Services Inc. | Reduce -14.7% | 13.58% | −0.08 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| ADBE Adobe Inc. | Add +64.1% | 14.65% | +5.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $460.4M | MSFT, BROS, TSM, AMZN, HUBB |
| Q1 2026 | 10 | $373.1M | MSFT, BROS, TSM, AMZN, WIX |
| Q4 2025 | 9 | $468.5M | MSFT, BROS, UBER, AMZN, TSM |
| Q3 2025 | 9 | $563.0M | MSFT, UBER, BROS, TSM, AMZN |
| Q2 2025 | 9 | $709.9M | MSFT, BROS, UBER, PWR, TSM |
| Q1 2025 | 8 | $578.9M | MSFT, BROS, ADBE, UBER, PWR |
| Q4 2024 | 10 | $576.3M | MSFT, BROS, ADBE, PWR, UBER |
| Q3 2024 | 12 | $633.1M | MSFT, UBER, PWR, BROS, ADBE |
| Q2 2024 | 12 | $706.9M | MSFT, UBER, ADBE, PWR, SHLS |
| Q1 2024 | 16 | $721.0M | MSFT, ADBE, UBER, PWR, SHLS |