Vault-13

BAIDU INC BIDU

SPON ADR REP A · ADR · CUSIP 056752108 · ISIN US0567521085

Chinese web services company

543 institutional holders +42 vs Q4 2022
71,716,64671.7m shares reported held*
$10.9bnreported value*
107 new 137 added 185 reduced 65 sold out net sold ≈ $1.4bn (-9.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($68.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $151.30. Options: 37 managers hold calls ($1.2bn notional), 32 hold puts ($1.1bn).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 515Q4 22: 501Q1 23: 543543Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022515
Q4 2022501
Q1 2023543

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 207 bought or addedQ4 22: 260 cut or sold outQ4 22Q1 23: 244 bought or addedQ1 23: 250 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022207260
Q1 2023244250

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bnQ3 22 calls: $1.1bnQ3 22 puts: $918.6mQ3 22P/C 0.87Q4 22 calls: $1.2bnQ4 22 puts: $844.0mQ4 22P/C 0.69Q1 23 calls: $1.2bnQ1 23 puts: $1.1bnQ1 23P/C 0.87
Numbers
QuarterCallsPutsP/C
Q3 2022$1.1bn$918.6m0.87
Q4 2022$1.2bn$844.0m0.69
Q1 2023$1.2bn$1.1bn0.87

Biggest buyers

FMR LLC Added +1,902,690+1.9m
RWC ASSET ADVISORS (US) LLC New +1,120,385+1.1m
MORGAN STANLEY Added +793,648+793.6k
Polar Capital Holdings Plc New +576,222+576.2k
Contrarius Investment Management Ltd New +435,217+435.2k
HHLR ADVISORS, LTD. New +405,900+405.9k
Aspex Management (HK) Ltd New +366,838+366.8k
RWC Asset Management LLP New +346,956+347.0k
ANTIPODES PARTNERS Ltd Added +332,715+332.7k
Point72 Asset Management, L.P. Added +323,752+323.8k

Biggest sellers

Dodge & Cox Reduced -3,189,440-3.2m
Black Creek Investment Management Inc. Reduced -884,975-885.0k
AXIOM INVESTORS LLC /DE Reduced -756,363-756.4k
Bridgewater Associates, LP Sold out -702,473-702.5k
RPD Fund Management LLC Sold out -636,768-636.8k
CANADA PENSION PLAN INVESTMENT BOARD Reduced -633,323-633.3k
BlackRock Inc. Reduced -615,137-615.1k
GOLDMAN SACHS GROUP INC Reduced -573,267-573.3k
Mondrian Investment Partners LTD Reduced -572,972-573.0k
MILLENNIUM MANAGEMENT LLC Reduced -551,737-551.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $323.9m2.1m shares
JANE STREET GROUP, LLC Reduced $139.9m927.1k shares
CITADEL ADVISORS LLC Reduced $121.4m804.6k shares
WOLVERINE TRADING, LLC New $71.2m463.0k shares
IMC-Chicago, LLC Reduced $70.4m466.7k shares
CTC LLC Reduced $68.8m4.5k shares
SIMPLEX TRADING, LLC Reduced $68.6m454.3k shares
BARCLAYS PLC Reduced $53.6m355.0k shares
PEAK6 Investments LLC Reduced $46.2m306.0k shares
GROUP ONE TRADING LLC Reduced $41.8m276.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $223.8m1.5m shares
CITADEL ADVISORS LLC Added $203.1m1.3m shares
Walleye Trading LLC Added $96.2m637.2k shares
IMC-Chicago, LLC Added $73.8m489.1k shares
SIMPLEX TRADING, LLC Added $62.3m413.0k shares
JANE STREET GROUP, LLC Added $62.2m412.4k shares
CTC LLC Added $56.9m3.7k shares
D. E. Shaw & Co., Inc. Reduced $44.2m292.6k shares
Parallax Volatility Advisers, L.P. Reduced $40.5m268.5k shares
BARCLAYS PLC Reduced $37.7m250.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRIMECAP MANAGEMENT CO/CA/ 1.23% of their portfolio PASADENA, CA 9,382,5249.4m $1.4bn $1.4bn 1.23% Reduced -88.0k -87,960
2 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 3,424,9793.4m $516.9m $516.9m 0.06% Added +793.6k +793,648
3 Dodge & Cox 0.32% of their portfolio San Francisco, CA 3,148,2153.1m $475.1m $475.1m 0.32% Reduced -3.2m -3,189,440
4 ARGA Investment Management, LP 16.87% of their portfolio STAMFORD, CT 2,991,7323.0m $451.5m $451.5m 16.87% Reduced -424.2k -424,224
5 ARIEL INVESTMENTS, LLC 4.11% of their portfolio CHICAGO, IL 2,834,7832.8m $427.8m $427.8m 4.11% Reduced -18.1k -18,115
6 BAILLIE GIFFORD & CO 0.36% of their portfolio EDINBURGH, X0 2,667,5312.7m $402.6m $402.6m 0.36% Reduced -3.0k -3,038
7 ALKEON CAPITAL MANAGEMENT LLC 2.58% of their portfolio New York, NY 2,664,5242.7m $402.1m $402.1m 2.58% Added +138.3k +138,260
8 FMR LLC 0.01% of their portfolio BOSTON, MA 1,910,0681.9m $288.3m $288.3m 0.01% Added +1.9m +1,902,690
9 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 1,741,4871.7m $262.8m $262.8m 0.04% Reduced -209.1k -209,128
10 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.34% of their portfolio BOSTON, MA 1,718,3631.7m $259.3m $259.3m 0.34% Reduced -108.0k -108,022
11 AXIOM INVESTORS LLC /DE 4.26% of their portfolio GREENWICH, CT 1,712,1391.7m $258.4m $258.4m 4.26% Reduced -756.4k -756,363
12 Black Creek Investment Management Inc. 9.00% of their portfolio TORONTO, A6 1,620,0261.6m $244.5m $244.5m 9.00% Reduced -885.0k -884,975
13 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 1,579,7081.6m $238.4m $238.4m 0.08% Reduced -128.2k -128,161
14 RWC ASSET ADVISORS (US) LLC 12.87% of their portfolio MIAMI, FL 1,120,3851.1m $169.1m $169.1m 12.87% New
15 FEDERATED HERMES, INC. 0.40% of their portfolio PITTSBURGH, PA 1,047,1561.0m $158.0m $158.0m 0.40% Reduced -238.8k -238,839
16 BlackRock Inc. 0.00% of their portfolio New York, NY 1,038,6581.0m $156.8m $156.8m 0.00% Reduced -615.1k -615,137
17 RENAISSANCE TECHNOLOGIES LLC 0.20% of their portfolio NEW YORK, NY 998,899998.9k $150.8m $150.8m 0.20% Reduced -247.8k -247,800
18 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 932,522932.5k $140.7m $140.7m 0.04% Reduced -573.3k -573,267
19 Mondrian Investment Partners LTD 2.86% of their portfolio LONDON, X0 860,274860.3k $129.8m $129.8m 2.86% Reduced -573.0k -572,972
20 ANTIPODES PARTNERS Ltd 4.15% of their portfolio ROYAL EXCHANGE, C3 792,960793.0k $119.7m $119.7m 4.15% Added +332.7k +332,715
21 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 723,234723.2k $109.2m $109.2m 0.01% Reduced -67.7k -67,671
22 EARNEST PARTNERS LLC 0.62% of their portfolio ATLANTA, GA 707,330707.3k $106.8m $106.8m 0.62% Added +5.5k +5,511
23 MACQUARIE GROUP LTD 0.11% of their portfolio Sydney, NSW 2000, C3 636,146636.1k $96.0m $96.0m 0.11% Reduced -30.6k -30,569
24 Robeco Institutional Asset Management B.V. 0.26% of their portfolio ROTTERDAM, P7 625,858625.9k $94.5m $94.5m 0.26% Added +171.3k +171,290
25 UBS Group AG 0.04% of their portfolio ZURICH, V8 607,816607.8k $91.7m $91.7m 0.04% Reduced -337.9k -337,918
26 Polar Capital Holdings Plc 0.64% of their portfolio London, X0 576,222576.2k $87.0m $87.0m 0.64% New
27 NAN FUNG TRINITY (HK) LTD 22.90% of their portfolio CENTRAL, HONG KONG, K3 570,721570.7k $86.1m $86.1m 22.90% Added +10.5k +10,500
28 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 566,570566.6k $85.5m $85.5m 0.05% Reduced -11.2k -11,203
29 Point72 Asset Management, L.P. 0.28% of their portfolio STAMFORD, CT 528,552528.6k $79.8m $79.8m 0.28% Added +323.8k +323,752
30 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 511,743511.7k $77.2m $77.2m 0.01% Added +290.6k +290,551
31 JANE STREET GROUP, LLC 0.13% of their portfolio NEW YORK, NY 493,340493.3k $74.5m $74.5m 0.13% Added +116.0k +116,038
32 Marathon Asset Management Ltd 2.03% of their portfolio London, X0 481,861481.9k $72.7m $72.7m 2.03% Reduced -76.1k -76,122
33 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 480,031480.0k $72.4m $72.4m 0.02% Reduced -13.3k -13,279
34 Sanders Capital, LLC 0.17% of their portfolio West Palm Beach, FL 477,269477.3k $72.0m $72.0m 0.17% Added +37.9k +37,852
35 Contrarius Investment Management Ltd 3.45% of their portfolio St. Helier, Y9 435,217435.2k $65.7m $65.7m 3.45% New
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 427,088427.1k $64.5m $64.5m 0.10% Reduced -482.4k -482,399
37 Legal & General Group Plc 0.02% of their portfolio London, X0 407,288407.3k $61.5m $61.5m 0.02% Reduced -49.6k -49,608
38 HHLR ADVISORS, LTD. 1.09% of their portfolio GRAND CAYMAN, E9 405,900405.9k $61.3m $61.3m 1.09% New
39 Alta Park Capital, LP 6.13% of their portfolio San Francisco, CA 391,831391.8k $59.1m $59.1m 6.13% Added +33.2k +33,176
40 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.33% of their portfolio TORONTO, A6 389,900389.9k $58.8m $58.8m 0.33% Reduced -492.4k -492,400
41 Holocene Advisors, LP 0.29% of their portfolio New York, NY 385,634385.6k $58.2m $58.2m 0.29% Added +279.4k +279,389
42 GMT Capital Corp 2.25% of their portfolio ATLANTA, GA 380,227380.2k $57.4m $57.4m 2.25% Added +42.0k +42,000
43 Point72 Hong Kong Ltd 13.66% of their portfolio HONG KONG, K3 371,411371.4k $56.1m $56.1m 13.66% Added +165.3k +165,287
44 Aspex Management (HK) Ltd 1.36% of their portfolio CENTRAL, K3 366,838366.8k $55.4m $55.4m 1.36% New
45 HSBC HOLDINGS PLC 0.07% of their portfolio LONDON, X0 355,605355.6k $53.7m $53.7m 0.07% Reduced -135.8k -135,793
46 RWC Asset Management LLP 1.61% of their portfolio LONDON, X0 346,956347.0k $52.4m $52.4m 1.61% New
47 SEI INVESTMENTS CO 0.10% of their portfolio OAKS, PA 345,618345.6k $52.2m $52.2m 0.10% Reduced -144.1k -144,070
48 SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio London, X0 326,095326.1k $49.2m $49.2m 0.07% Added +322.1k +322,083
49 BAMCO INC /NY/ 0.15% of their portfolio NEW YORK, NY 325,255325.3k $49.1m $49.1m 0.15% Reduced -414.2k -414,157
50 Clark Capital Management Group, Inc. 0.54% of their portfolio PHILADELPHIA, PA 319,746319.7k $48.3m $48.3m 0.54% Reduced -5.8k -5,817
51 LOOMIS SAYLES & CO L P 0.08% of their portfolio BOSTON, MA 301,110301.1k $45.4m $45.4m 0.08% Added +2.2k +2,152
52 Man Group plc 0.16% of their portfolio LONDON, X0 290,596290.6k $43.9m $43.9m 0.16% New
53 NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio ALBANY, NY 283,708283.7k $42.8m $42.8m 0.06% Reduced -9.2k -9,182
54 Handelsbanken Fonder AB 0.25% of their portfolio STOCKHOLM, V7 282,353282.4k $42.6m $42.6m 0.25% Added +5.0k +5,006
55 DekaBank Deutsche Girozentrale 0.10% of their portfolio FRANKFURT, 2M 272,860272.9k $41.3m $41.3m 0.10% Added +12.4k +12,404
56 PICTET ASSET MANAGEMENT SA 0.05% of their portfolio GENEVA 73, V8 271,102271.1k $40.9m $40.9m 0.05% Added +51.2k +51,204
57 Scharf Investments, LLC 1.26% of their portfolio LOS GATOS, CA 264,152264.2k $39.9m $39.9m 1.26% Added +132 +132
58 Tiger Pacific Capital LP 8.42% of their portfolio NEW YORK, NY 261,863261.9k $39.5m $39.5m 8.42% Reduced -245.4k -245,400
59 Maple Rock Capital Partners Inc. 3.71% of their portfolio Toronto, A6 250,564250.6k $37.8m $37.8m 3.71% New
60 HCEP Management Ltd 7.46% of their portfolio HONG KONG, K3 250,000250.0k $37.7m $37.7m 7.46% Reduced -516.2k -516,174
61 NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio STOCKHOLM, V7 247,139247.1k $37.1m $37.1m 0.05% Reduced -47.1k -47,130
62 PZENA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 246,571246.6k $37.2m $37.2m 0.16% Reduced -372.1k -372,051
63 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 242,206242.2k $36.6m $36.6m 0.00% Reduced -483.0k -483,023
64 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 237,087237.1k $35.8m $35.8m 0.07% Added +85.9k +85,940
65 CoreView Capital Management Ltd 4.46% of their portfolio HONG KONG, K3 232,100232.1k $35.0m $35.0m 4.46% New
66 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 231,140231.1k $34.9m $34.9m 0.04% Added +103.7k +103,687
67 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 226,886226.9k $34.2m $34.2m 0.01% Reduced -235.7k -235,717
68 Strategic Vision Investment Ltd 12.38% of their portfolio Hong Kong, K3 218,901218.9k $33.0m $33.0m 12.38% Reduced -166.1k -166,144
69 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 218,394218.4k $33.0m $33.0m 0.04% Added +6.9k +6,919
70 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 213,953214.0k $32.3m $32.3m 0.08% Added +18.1k +18,085
71 CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio TORONTO ONTARIO, A6 213,014213.0k $32.1m $32.1m 0.05% Reduced -633.3k -633,323
72 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 212,151212.2k $39.5m $39.5m 0.02% Added +1.0k +1,025
73 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 210,403210.4k $31.8m $31.8m 0.03% Added +99.3k +99,316
74 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 207,425207.4k $31.5m $31.5m 0.03% Added +13.6k +13,626
75 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 205,666205.7k $31.0m $31.0m 0.04% Added +3.2k +3,186
76 Mariner, LLC 0.08% of their portfolio Overland Park, KS 189,451189.5k $28.6m $28.6m 0.08% Added +459 +459
77 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 184,108184.1k $27.8m $27.8m 0.03% Reduced -499.7k -499,661
78 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 180,954181.0k $27.3m $27.3m 0.01% Reduced -68.5k -68,539
79 Connor, Clark & Lunn Investment Management Ltd. 0.15% of their portfolio VANCOUVER, A1 179,467179.5k $27.1m $27.1m 0.15% Added +41.5k +41,533
80 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 176,900176.9k $26.7m $26.7m 0.01% Added +12.7k +12,654
81 AVIVA PLC 0.12% of their portfolio LONDON, X0 172,084172.1k $26.0m $26.0m 0.12% Reduced -50.2k -50,213
82 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 163,359163.4k $24.7m $24.7m 0.04% Reduced -158.8k -158,835
83 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 162,413162.4k $24.5m $24.5m 0.00% Reduced -12.0k -12,022
84 TODD ASSET MANAGEMENT LLC 0.57% of their portfolio Louisville, KY 157,313157.3k $23.7m $23.7m 0.57% Added +15.6k +15,604
85 Segantii Capital Management Ltd 1.05% of their portfolio HONG KONG, K3 154,913154.9k $23.5m $23.5m 1.05% New
86 Davis Selected Advisers 0.15% of their portfolio Tucson, AZ 154,444154.4k $23.3m $23.3m 0.15% Added +107.6k +107,624
87 Hao Advisors Management Ltd 7.84% of their portfolio HONG KONG, K3 149,951150.0k $22.6m $22.6m 7.84% New
88 M&G INVESTMENT MANAGEMENT LTD 0.16% of their portfolio London, X0 149,578149.6k $22.6m $22.6m 0.16% Reduced -16.5k -16,530
89 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 146,302146.3k $9.1m $9.1m 0.01% Reduced -551.7k -551,737
90 Lombard Odier Asset Management (Europe) Ltd 1.13% of their portfolio LONDON, X0 143,800143.8k $21.7m $21.7m 1.13% Reduced -14.2k -14,176
91 KBC Group NV 0.09% of their portfolio Brussels, C9 139,533139.5k $21.1m $21.1m 0.09% Added +5.1k +5,077
92 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 138,027138.0k $20.8m $20.8m 0.01% Added +129.7k +129,681
93 NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio MONTREAL, A8 127,622127.6k $19.3m $19.3m 0.05% Added +94.6k +94,630
94 FIL Ltd 0.02% of their portfolio HAMILTON, D0 125,571125.6k $19.0m $19.0m 0.02% Reduced -66.4k -66,392
95 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 123,203123.2k $18.6m $18.6m 0.01% Reduced -191.0k -190,991
96 WT Asset Management Ltd 6.44% of their portfolio HONG KONG, K3 117,300117.3k $17.7m $17.7m 6.44% New
97 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio JUPITER, FL 116,002116.0k $17.5m $17.5m 0.09% New
98 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 96,72096.7k $14.6m $14.6m 0.03% Added +2.4k +2,366
99 TWINBEECH CAPITAL LP 0.29% of their portfolio PURCHASE, NY 94,83394.8k $14.3m $14.3m 0.29% New
100 TCW GROUP INC 0.18% of their portfolio LOS ANGELES, CA 92,50492.5k $14.0m $14.0m 0.18% Added +6.5k +6,537