market folly

Robert Karr's hedge fund firm Joho Capital recently filed a few amended 13G's regarding their positions in Yelp and 21Vianet Group.


Yelp (YELP):  Joho bought more YELP per a 13G filed with the SEC and now own 974,795 shares as of December 31st.  This marks around a 9% increase in their position size since the middle of December, when they originally initiated their YELP stake.

Per Google Finance, Yelp is "operates a directory services and social networking website. Its online community provides information on urban city guide. The Company is based in the United States and its information helps people to find places to eat, shop, drink, relax, and play."


21Vianet Group (VNET):  Per an amended 13G filed with the SEC, Karr's firm now owns 1,799.206 shares of VNET.  The filing was made due to portfolio activity on December 31st and marks only a slight decrease in their overall position size (around -16%).

Per Google Finance, 21Vianet Group "operates as an Internet Service Provider (ISP). The Company operates as an ISP service supplier in China. Its main business includes Internet Data Center (IDC) service, Content Delivery Network (CDN), Enterprise Data Center (EDC) service and Data Center based industry solutions."