Vault-13

BAIDU INC BIDU

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

Chinese web services company

512 institutional holders -31 vs Q1 2023
73,133,63973.1m shares reported held*
$10.0bnreported value*
57 new 146 added 169 reduced 91 sold out net bought ≈ $115.2m (+1.1m 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 ($38.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $136.85. Options: 43 managers hold calls ($948.3m notional), 35 hold puts ($888.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 515Q4 22: 501Q1 23: 543Q2 23: 512512Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022515
Q4 2022501
Q1 2023543
Q2 2023512

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 23Q2 23: 203 bought or addedQ2 23: 260 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022207260
Q1 2023244250
Q2 2023203260

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 0.87Q2 23 calls: $948.3mQ2 23 puts: $888.1mQ2 23P/C 0.94
Numbers
QuarterCallsPutsP/C
Q3 2022$1.1bn$918.6m0.87
Q4 2022$1.2bn$844.0m0.69
Q1 2023$1.2bn$1.1bn0.87
Q2 2023$948.3m$888.1m0.94

Biggest buyers

APPALOOSA LP New +1,275,000+1.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +775,057+775.1k
Invesco Ltd. Added +743,221+743.2k
JPMORGAN CHASE & CO Added +726,961+727.0k
CoreView Capital Management Ltd Added +629,387+629.4k
BlackRock Inc. Added +583,291+583.3k
FEDERATED HERMES, INC. Added +508,857+508.9k
Broad Peak Investment Holdings Ltd. New +425,000+425.0k
PRICE T ROWE ASSOCIATES INC /MD/ Added +424,383+424.4k
Black Creek Investment Management Inc. Added +406,038+406.0k

Biggest sellers

AXIOM INVESTORS LLC /DE Reduced -1,078,443-1.1m
FMR LLC Reduced -772,411-772.4k
DEUTSCHE BANK AG\ Reduced -412,331-412.3k
Alta Park Capital, LP Sold out -391,831-391.8k
Holocene Advisors, LP Sold out -385,634-385.6k
Point72 Asset Management, L.P. Reduced -380,452-380.5k
Aspex Management (HK) Ltd Sold out -366,838-366.8k
Man Group plc Sold out -290,596-290.6k
Tiger Pacific Capital LP Sold out -261,863-261.9k
HCEP Management Ltd Sold out -250,000-250.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $241.0m1.8m shares
JANE STREET GROUP, LLC Reduced $116.6m851.5k shares
CITADEL ADVISORS LLC Reduced $104.5m763.3k shares
IMC-Chicago, LLC Added $72.1m526.8k shares
PEAK6 Investments LLC Added $52.2m381.2k shares
CTC LLC Reduced $51.5m3.8k shares
SIMPLEX TRADING, LLC Reduced $41.9m306.1k shares
WOLVERINE TRADING, LLC Reduced $36.1m268.2k shares
Capital Markets Trading UK LLP Added $30.3m221.2k shares
SYMMETRY PEAK MANAGEMENT LLC Added $28.3m207.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $200.7m1.5m shares
CITADEL ADVISORS LLC Reduced $143.1m1.0m shares
JANE STREET GROUP, LLC Added $78.1m570.3k shares
MILLENNIUM MANAGEMENT LLC Added $65.6m479.4k shares
IMC-Chicago, LLC Reduced $59.2m432.2k shares
Walleye Trading LLC Reduced $52.5m383.5k shares
SIMPLEX TRADING, LLC Reduced $43.5m317.5k shares
CTC LLC Reduced $42.1m3.1k shares
D. E. Shaw & Co., Inc. Added $41.9m305.8k shares
GROUP ONE TRADING LLC Reduced $28.1m205.3k 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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRIMECAP MANAGEMENT CO/CA/ 1.06% of their portfolio PASADENA, CA 9,289,8749.3m $1.3bn $1.3bn 1.06% Reduced -92.7k -92,650
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 3,283,5593.3m $449.6m $449.6m 0.04% Reduced -141.4k -141,420
3 Dodge & Cox 0.29% of their portfolio San Francisco, CA 3,187,5153.2m $436.4m $436.4m 0.29% Added +39.3k +39,300
4 ARGA Investment Management, LP 14.65% of their portfolio STAMFORD, CT 3,028,2533.0m $414.6m $414.6m 14.65% Added +36.5k +36,521
5 ARIEL INVESTMENTS, LLC 3.57% of their portfolio CHICAGO, IL 2,756,2282.8m $377.4m $377.4m 3.57% Reduced -78.6k -78,555
6 ALKEON CAPITAL MANAGEMENT LLC 2.19% of their portfolio New York, NY 2,670,6352.7m $365.6m $365.6m 2.19% Added +6.1k +6,111
7 BAILLIE GIFFORD & CO 0.31% of their portfolio EDINBURGH, X0 2,644,9852.6m $362.1m $362.1m 0.31% Reduced -22.5k -22,546
8 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.41% of their portfolio BOSTON, MA 2,493,4202.5m $341.4m $341.4m 0.41% Added +775.1k +775,057
9 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 2,165,8702.2m $296.5m $296.5m 0.04% Added +424.4k +424,383
10 Black Creek Investment Management Inc. 9.71% of their portfolio TORONTO, A6 2,026,0642.0m $277.4m $277.4m 9.71% Added +406.0k +406,038
11 BlackRock Inc. 0.01% of their portfolio New York, NY 1,621,9491.6m $222.1m $222.1m 0.01% Added +583.3k +583,291
12 FEDERATED HERMES, INC. 0.53% of their portfolio PITTSBURGH, PA 1,556,0131.6m $213.0m $213.0m 0.53% Added +508.9k +508,857
13 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 1,551,8321.6m $212.5m $212.5m 0.07% Reduced -27.9k -27,876
14 RWC ASSET ADVISORS (US) LLC 18.13% of their portfolio MIAMI, FL 1,385,7301.4m $189.7m $189.7m 18.13% Added +265.3k +265,345
15 APPALOOSA LP 3.24% of their portfolio Short Hills, NJ 1,275,0001.3m $174.6m $174.6m 3.24% New
16 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,238,7041.2m $169.6m $169.6m 0.02% Added +727.0k +726,961
17 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 1,223,2521.2m $167.5m $167.5m 0.04% Added +743.2k +743,221
18 FMR LLC 0.01% of their portfolio BOSTON, MA 1,137,6571.1m $155.8m $155.8m 0.01% Reduced -772.4k -772,411
19 ANTIPODES PARTNERS Ltd 4.97% of their portfolio ROYAL EXCHANGE, C3 1,052,4821.1m $144.1m $144.1m 4.97% Added +259.5k +259,522
20 RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio NEW YORK, NY 868,499868.5k $118.9m $118.9m 0.17% Reduced -130.4k -130,400
21 CoreView Capital Management Ltd 15.32% of their portfolio HONG KONG, K3 861,487861.5k $117.9m $117.9m 15.32% Added +629.4k +629,387
22 Mondrian Investment Partners LTD 2.18% of their portfolio LONDON, X0 796,513796.5k $109.1m $109.1m 2.18% Reduced -63.8k -63,761
23 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 726,149726.1k $99.4m $99.4m 0.03% Reduced -206.4k -206,373
24 Polar Capital Holdings Plc 0.67% of their portfolio London, X0 714,283714.3k $97.8m $97.8m 0.67% Added +138.1k +138,061
25 EARNEST PARTNERS LLC 0.54% of their portfolio ATLANTA, GA 702,173702.2k $96.1m $96.1m 0.54% Reduced -5.2k -5,157
26 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 693,437693.4k $94.9m $94.9m 0.01% Reduced -29.8k -29,797
27 AXIOM INVESTORS LLC /DE 1.29% of their portfolio GREENWICH, CT 633,696633.7k $86.8m $86.8m 1.29% Reduced -1.1m -1,078,443
28 Robeco Institutional Asset Management B.V. 0.23% of their portfolio ROTTERDAM, P7 633,498633.5k $86.7m $86.7m 0.23% Added +7.6k +7,640
29 MACQUARIE GROUP LTD 0.10% of their portfolio Sydney, NSW 2000, C3 630,820630.8k $86.4m $86.4m 0.10% Reduced -5.3k -5,326
30 UBS Group AG 0.04% of their portfolio ZURICH, V8 607,892607.9k $83.2m $83.2m 0.04% Added +76 +76
31 NAN FUNG TRINITY (HK) LTD 20.20% of their portfolio CENTRAL, HONG KONG, K3 598,221598.2k $81.9m $81.9m 20.20% Added +27.5k +27,500
32 Marathon Asset Management Ltd 2.27% of their portfolio London, X0 589,159589.2k $80.7m $80.7m 2.27% Added +107.3k +107,298
33 Sanders Capital, LLC 0.16% of their portfolio West Palm Beach, FL 569,313569.3k $77.9m $77.9m 0.16% Added +92.0k +92,044
34 HHLR ADVISORS, LTD. 1.61% of their portfolio GRAND CAYMAN, E9 553,353553.4k $75.8m $75.8m 1.61% Added +147.5k +147,453
35 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 526,389526.4k $72.1m $72.1m 0.10% Added +33.0k +33,049
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 469,659469.7k $64.3m $64.3m 0.10% Added +42.6k +42,571
37 BAMCO INC /NY/ 0.18% of their portfolio NEW YORK, NY 466,720466.7k $63.9m $63.9m 0.18% Added +141.5k +141,465
38 RWC Asset Management LLP 2.93% of their portfolio LONDON, X0 445,339445.3k $61.0m $61.0m 2.93% Added +98.4k +98,383
39 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.27% of their portfolio TORONTO, A6 437,500437.5k $59.9m $59.9m 0.27% Added +47.6k +47,600
40 Broad Peak Investment Holdings Ltd. 7.89% of their portfolio SINGAPORE, U0 425,000425.0k $58.2m $58.2m 7.89% New
41 Contrarius Investment Management Ltd 2.84% of their portfolio St. Helier, Y9 385,021385.0k $52.7m $52.7m 2.84% Reduced -50.2k -50,196
42 Man Group plc 0.16% of their portfolio LONDON, X0 377,704377.7k $51.7m $51.7m 0.16% New
43 Legal & General Group Plc 0.02% of their portfolio London, X0 375,141375.1k $51.4m $51.4m 0.02% Reduced -32.1k -32,147
44 Scharf Investments, LLC 1.43% of their portfolio LOS GATOS, CA 347,771347.8k $47.6m $47.6m 1.43% Added +83.6k +83,619
45 SEI INVESTMENTS CO 0.08% of their portfolio OAKS, PA 342,514342.5k $46.9m $46.9m 0.08% Reduced -3.1k -3,104
46 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 324,302324.3k $44.4m $44.4m 0.09% Added +87.2k +87,215
47 NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio STOCKHOLM, V7 322,568322.6k $44.0m $44.0m 0.06% Added +75.4k +75,429
48 GMT Capital Corp 1.65% of their portfolio ATLANTA, GA 318,527318.5k $43.6m $43.6m 1.65% Reduced -61.7k -61,700
49 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 309,367309.4k $42.4m $42.4m 0.05% Added +25.7k +25,659
50 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 307,691307.7k $42.1m $42.1m 0.04% Added +161.4k +161,389
51 LOOMIS SAYLES & CO L P 0.07% of their portfolio BOSTON, MA 299,573299.6k $41.0m $41.0m 0.07% Reduced -1.5k -1,537
52 DekaBank Deutsche Girozentrale 0.09% of their portfolio FRANKFURT, 2M 279,860279.9k $38.2m $38.2m 0.09% Added +7.0k +7,000
53 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 253,010253.0k $34.6m $34.6m 0.04% Reduced -102.6k -102,595
54 PZENA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 249,450249.4k $34.2m $34.2m 0.15% Added +2.9k +2,879
55 Clark Capital Management Group, Inc. 0.30% of their portfolio PHILADELPHIA, PA 247,983248.0k $34.0m $34.0m 0.30% Reduced -71.8k -71,763
56 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 237,555237.6k $32.5m $32.5m 0.04% Added +19.2k +19,161
57 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 236,046236.0k $32.3m $32.3m 0.02% Added +98.0k +98,019
58 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 225,033225.0k $30.8m $30.8m 0.03% Reduced -6.1k -6,107
59 Handelsbanken Fonder AB 0.16% of their portfolio STOCKHOLM, V7 223,164223.2k $30.6m $30.6m 0.16% Reduced -59.2k -59,189
60 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 212,131212.1k $29.0m $29.0m 0.00% Reduced -30.1k -30,075
61 Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio SEOUL, M5 208,217208.2k $28.5m $28.5m 0.06% Reduced -5.7k -5,736
62 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 207,949207.9k $38.7m $38.7m 0.01% Reduced -4.2k -4,202
63 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 203,653203.7k $27.5m $27.5m 0.02% Reduced -3.8k -3,772
64 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 189,794189.8k $26.0m $26.0m 0.01% Added +8.8k +8,840
65 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 177,486177.5k $24.3m $24.3m 0.00% Added +586 +586
66 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 177,307177.3k $24.3m $24.3m 0.03% Reduced -28.4k -28,359
67 Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio VANCOUVER, A1 176,818176.8k $24.2m $24.2m 0.12% Reduced -2.6k -2,649
68 AVIVA PLC 0.09% of their portfolio LONDON, X0 170,172170.2k $23.3m $23.3m 0.09% Reduced -1.9k -1,912
69 M&G INVESTMENT MANAGEMENT LTD 0.13% of their portfolio London, X0 163,261163.3k $22.4m $22.4m 0.13% Added +13.7k +13,683
70 CAUSEWAY CAPITAL MANAGEMENT LLC 0.58% of their portfolio LOS ANGELES, CA 161,198161.2k $22.1m $22.1m 0.58% Added +99.6k +99,573
71 Point72 Hong Kong Ltd 6.52% of their portfolio HONG KONG, K3 159,666159.7k $21.9m $21.9m 6.52% Reduced -211.7k -211,745
72 TODD ASSET MANAGEMENT LLC 0.51% of their portfolio Louisville, KY 159,329159.3k $21.8m $21.8m 0.51% Added +2.0k +2,016
73 TT International Asset Management LTD 3.57% of their portfolio LONDON, X0 156,755156.8k $21.5m $21.5m 3.57% New
74 SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio London, X0 156,491156.5k $21.4m $21.4m 0.03% Reduced -169.6k -169,604
75 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 154,239154.2k $21.1m $21.1m 0.01% Reduced -412.3k -412,331
76 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 148,100148.1k $20.3m $20.3m 0.07% Reduced -380.5k -380,452
77 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 141,268141.3k $19.3m $19.3m 0.00% Reduced -85.6k -85,618
78 CAPITAL FUND MANAGEMENT S.A. 0.26% of their portfolio PARIS, I0 123,387123.4k $16.9m $16.9m 0.26% New
79 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 121,567121.6k $16.6m $16.6m 0.00% Reduced -40.8k -40,846
80 Ardmore Road Asset Management LP 4.95% of their portfolio WESTPORT, CT 120,000120.0k $16.4m $16.4m 4.95% Added +90.0k +90,000
81 Strategic Vision Investment Ltd 8.31% of their portfolio Hong Kong, K3 119,500119.5k $16.4m $16.4m 8.31% Reduced -99.4k -99,401
82 Stonehage Fleming Financial Services Holdings Ltd 0.56% of their portfolio ST. HELIER, Y9 112,420112.4k $15.4m $15.4m 0.56% New
83 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 111,242111.2k $15.2m $15.2m 0.03% Added +14.5k +14,522
84 KBC Group NV 0.06% of their portfolio Brussels, C9 108,340108.3k $14.8m $14.8m 0.06% Reduced -31.2k -31,193
85 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 104,145104.1k $14.3m $14.3m 0.01% Reduced -106.3k -106,258
86 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 103,731103.7k $14.2m $14.2m 0.01% Reduced -19.5k -19,472
87 MEITAV INVESTMENT HOUSE LTD 0.11% of their portfolio BENE-BERAQ, L3 103,380103.4k $13.9m $13.9m 0.11% Added +51.1k +51,090
88 EXCHANGE TRADED CONCEPTS, LLC 0.34% of their portfolio Oklahoma City, OK 99,39599.4k $13.6m $13.6m 0.34% Added +19.2k +19,225
89 TCW GROUP INC 0.15% of their portfolio LOS ANGELES, CA 99,22499.2k $13.6m $13.6m 0.15% Added +6.7k +6,720
90 PICTET ASSET MANAGEMENT SA 0.02% of their portfolio GENEVA 73, V8 97,90097.9k $13.4m $13.4m 0.02% Reduced -173.2k -173,202
91 Alyeska Investment Group, L.P. 0.10% of their portfolio CHICAGO, IL 95,00095.0k $13.0m $13.0m 0.10% New
92 Perpetual Ltd 0.11% of their portfolio SYDNEY, NEW SOUTH WALES, C3 92,19092.2k $12.6m $12.6m 0.11% Added +18.0k +18,000
93 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 91,11191.1k $12.5m $12.5m 0.01% Reduced -93.0k -92,997
94 Maple Rock Capital Partners Inc. 1.50% of their portfolio Toronto, A6 86,20086.2k $11.8m $11.8m 1.50% Reduced -164.4k -164,364
95 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.11% of their portfolio FRANKFORT, KY 83,81083.8k $11.5m $11.5m 0.11% Unchanged
96 Brandywine Global Investment Management, LLC 0.09% of their portfolio PHILADELPHIA, PA 82,07682.1k $11.2m $11.2m 0.09% Reduced -1.1k -1,136
97 Dantai Capital Ltd 17.54% of their portfolio HONG KONG, K3 80,00080.0k $11.0m $11.0m 17.54% New
98 Amundi 0.01% of their portfolio Paris, I0 78,51578.5k $11.3m $11.3m 0.01% Reduced -3.4k -3,436
99 ELEMENT CAPITAL MANAGEMENT LLC 0.69% of their portfolio New York, NY 74,79974.8k $10.2m $10.2m 0.69% New
100 Parallax Volatility Advisers, L.P. 0.35% of their portfolio San Francisco, CA 73,72073.7k $10.1m $10.1m 0.35% Added +73.7k +73,706