Vault-13

BAIDU INC BIDU

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

Chinese web services company

509 institutional holders -8 vs Q4 2023
84,625,84584.6m shares reported held*
$8.9bnreported value*
80 new 178 added 149 reduced 89 sold out net bought ≈ $1.3bn (+12.8m 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 ($696.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $105.31. Options: 45 managers hold calls ($834.6m notional), 36 hold puts ($984.9m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 515Q4 22: 501Q1 23: 543Q2 23: 512Q3 23: 521Q4 23: 517Q1 24: 509509Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022515
Q4 2022501
Q1 2023543
Q2 2023512
Q3 2023521
Q4 2023517
Q1 2024509

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 23Q3 23: 220 bought or addedQ3 23: 234 cut or sold outQ3 23Q4 23: 228 bought or addedQ4 23: 245 cut or sold outQ4 23Q1 24: 258 bought or addedQ1 24: 238 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022207260
Q1 2023244250
Q2 2023203260
Q3 2023220234
Q4 2023228245
Q1 2024258238

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ2 23 calls: $948.3mQ2 23 puts: $888.1mQ2 23P/C 0.94Q3 23 calls: $934.2mQ3 23 puts: $1.0bnQ3 23P/C 1.07Q4 23 calls: $951.0mQ4 23 puts: $1.6bnQ4 23P/C 1.68Q1 24 calls: $834.6mQ1 24 puts: $984.9mQ1 24P/C 1.18
Numbers
QuarterCallsPutsP/C
Q2 2023$948.3m$888.1m0.94
Q3 2023$934.2m$1.0bn1.07
Q4 2023$951.0m$1.6bn1.68
Q1 2024$834.6m$984.9m1.18

Biggest buyers

MORGAN STANLEY Added +7,229,067+7.2m
Pictet Asset Management Holding SA Added +1,325,228+1.3m
APPALOOSA LP Added +1,175,000+1.2m
PRIMECAP MANAGEMENT CO/CA/ Added +911,095+911.1k
Black Creek Investment Management Inc. Added +832,409+832.4k
Dodge & Cox Added +633,600+633.6k
BANK OF AMERICA CORP /DE/ Added +617,576+617.6k
FIL Ltd Added +595,810+595.8k
JPMORGAN CHASE & CO Added +568,852+568.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +472,649+472.6k

Biggest sellers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,852,611-1.9m
NATIONAL BANK OF CANADA /FI/ Reduced -716,488-716.5k
ARIEL INVESTMENTS, LLC Reduced -388,250-388.2k
HHLR ADVISORS, LTD. Reduced -384,800-384.8k
RWC ASSET ADVISORS (US) LLC Reduced -381,949-381.9k
ANTIPODES PARTNERS Ltd Reduced -356,863-356.9k
Invesco Ltd. Reduced -315,227-315.2k
D. E. Shaw & Co., Inc. Reduced -230,984-231.0k
Balyasny Asset Management L.P. Reduced -207,698-207.7k
MILLENNIUM MANAGEMENT LLC Reduced -194,350-194.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $179.2m1.7m shares
CITADEL ADVISORS LLC Added $86.7m823.7k shares
IMC-Chicago, LLC Added $81.7m776.2k shares
SIMPLEX TRADING, LLC Added $67.3m639.1k shares
UBS Group AG Added $48.5m460.3k shares
GOLDMAN SACHS GROUP INC Added $40.8m387.7k shares
PEAK6 Investments LLC Added $34.4m326.8k shares
D. E. Shaw & Co., Inc. Added $32.2m306.3k shares
WOLVERINE TRADING, LLC Reduced $28.8m273.2k shares
Squarepoint Ops LLC Added $26.5m252.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $240.4m2.3m shares
CITADEL ADVISORS LLC Added $188.3m1.8m shares
SIMPLEX TRADING, LLC Added $72.3m686.7k shares
IMC-Chicago, LLC Added $71.3m677.0k shares
JANE STREET GROUP, LLC Reduced $59.6m566.3k shares
MILLENNIUM MANAGEMENT LLC Added $56.4m536.1k shares
D. E. Shaw & Co., Inc. Reduced $47.9m455.4k shares
Walleye Trading LLC Reduced $43.0m408.6k shares
Walleye Capital LLC Added $32.8m311.1k shares
Squarepoint Ops LLC Reduced $30.2m287.2k 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 2024

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 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 15,102,18315.1m $1.6bn $1.6bn 0.04% Added +7.2m +7,229,067
2 PRIMECAP MANAGEMENT CO/CA/ 0.80% of their portfolio PASADENA, CA 10,194,12910.2m $1.1bn $1.1bn 0.80% Added +911.1k +911,095
3 Dodge & Cox 0.23% of their portfolio San Francisco, CA 3,783,7153.8m $398.3m $398.3m 0.23% Added +633.6k +633,600
4 Black Creek Investment Management Inc. 9.99% of their portfolio TORONTO, A6 3,139,6123.1m $330.5m $330.5m 9.99% Added +832.4k +832,409
5 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,591,3702.6m $272.8m $272.8m 0.01% Added +568.9k +568,852
6 BAILLIE GIFFORD & CO 0.21% of their portfolio EDINBURGH, X0 2,573,2862.6m $270.9m $270.9m 0.21% Reduced -45.2k -45,247
7 ALKEON CAPITAL MANAGEMENT LLC 1.32% of their portfolio New York, NY 2,286,8912.3m $240.8m $240.8m 1.32% Added +100.0k +100,000
8 Robeco Institutional Asset Management B.V. 0.43% of their portfolio ROTTERDAM, P7 1,872,4671.9m $197.1m $197.1m 0.43% Added +318.1k +318,115
9 FEDERATED HERMES, INC. 0.44% of their portfolio PITTSBURGH, PA 1,817,2251.8m $191.3m $191.3m 0.44% Added +35.5k +35,529
10 APPALOOSA LP 2.83% of their portfolio Short Hills, NJ 1,800,0001.8m $189.5m $189.5m 2.83% Added +1.2m +1,175,000
11 Pictet Asset Management Holding SA 0.15% of their portfolio CAROUGE, V8 1,330,7281.3m $140.1m $140.1m 0.15% Added +1.3m +1,325,228
12 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 1,329,4311.3m $140.0m $140.0m 0.04% Reduced -74.6k -74,574
13 ARIEL INVESTMENTS, LLC 1.18% of their portfolio CHICAGO, IL 1,139,7211.1m $120.0m $120.0m 1.18% Reduced -388.2k -388,250
14 ANTIPODES PARTNERS Ltd 3.60% of their portfolio ROYAL EXCHANGE, C3 1,081,8531.1m $113.9m $113.9m 3.60% Reduced -356.9k -356,863
15 CoreView Capital Management Ltd 15.75% of their portfolio HONG KONG, K3 1,070,1651.1m $112.7m $112.7m 15.75% Added +253.0k +253,000
16 ARGA Investment Management, LP 3.61% of their portfolio STAMFORD, CT 1,022,8831.0m $107.7m $107.7m 3.61% Added +62.8k +62,830
17 CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio TORONTO ONTARIO, A6 1,018,6851.0m $107.2m $107.2m 0.11% Added +338.1k +338,110
18 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,017,3411.0m $107.1m $107.1m 0.01% Added +84.8k +84,776
19 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 997,906997.9k $105.1m $105.1m 0.01% Added +617.6k +617,576
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.15% of their portfolio BALA CYNWYD, PA 979,107979.1k $103.1m $103.1m 0.15% Added +472.6k +472,649
21 RWC ASSET ADVISORS (US) LLC 6.47% of their portfolio MIAMI, FL 782,764782.8k $82.4m $82.4m 6.47% Reduced -381.9k -381,949
22 Contrarius Investment Management Ltd 4.75% of their portfolio St. Helier, Y9 780,529780.5k $82.2m $82.2m 4.75% Added +193.0k +193,042
23 JANE STREET GROUP, LLC 0.11% of their portfolio NEW YORK, NY 774,267774.3k $81.5m $81.5m 0.11% Added +126.0k +125,986
24 RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio NEW YORK, NY 763,899763.9k $80.4m $80.4m 0.13% Reduced -137.4k -137,400
25 Sanders Capital, LLC 0.13% of their portfolio West Palm Beach, FL 762,420762.4k $80.3m $80.3m 0.13% Added +91.8k +91,816
26 Mondrian Investment Partners LTD 1.07% of their portfolio LONDON, X0 736,609736.6k $77.6m $77.6m 1.07% Reduced -719 -719
27 BAMCO INC /NY/ 0.21% of their portfolio NEW YORK, NY 733,146733.1k $77.2m $77.2m 0.21% Reduced -24.7k -24,699
28 NAN FUNG TRINITY (HK) LTD 16.46% of their portfolio CENTRAL, HONG KONG, K3 687,121687.1k $72.3m $72.3m 16.46% Added +32.6k +32,600
29 EARNEST PARTNERS LLC 0.33% of their portfolio ATLANTA, GA 682,679682.7k $71.9m $71.9m 0.33% Reduced -1.7k -1,739
30 MACQUARIE GROUP LTD 0.07% of their portfolio Sydney, NSW 2000, C3 628,473628.5k $66.2m $66.2m 0.07% Reduced -5.4k -5,370
31 UBS Group AG 0.02% of their portfolio ZURICH, V8 620,212620.2k $65.3m $65.3m 0.02% Added +245.6k +245,560
32 FIL Ltd 0.06% of their portfolio HAMILTON, D0 617,207617.2k $65.0m $65.0m 0.06% Added +595.8k +595,810
33 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 576,065576.1k $60.6m $60.6m 0.06% Added +294.2k +294,225
34 Marathon Asset Management Ltd 1.49% of their portfolio London, X0 529,597529.6k $55.8m $55.8m 1.49% Added +74.9k +74,921
35 Maple Rock Capital Partners Inc. 3.20% of their portfolio Toronto, A6 480,000480.0k $50.5m $50.5m 3.20% Added +142.0k +141,984
36 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 450,811450.8k $47.5m $47.5m 0.04% Reduced -1.9m -1,852,611
37 OAKTREE CAPITAL MANAGEMENT LP 0.71% of their portfolio LOS ANGELES, CA 422,866422.9k $44.5m $44.5m 0.71% New
38 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 408,907408.9k $43.0m $43.0m 0.03% Reduced -118.7k -118,744
39 NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio STOCKHOLM, V7 398,387398.4k $42.1m $42.1m 0.05% Added +50.6k +50,599
40 SIMPLEX TRADING, LLC 1.20% of their portfolio CHICAGO, IL 390,036390.0k $41.1m $41.1m 1.20% Added +263.3k +263,324
41 Legal & General Group Plc 0.01% of their portfolio London, X0 382,297382.3k $40.2m $40.2m 0.01% Added +6.8k +6,769
42 GMT Capital Corp 1.57% of their portfolio ATLANTA, GA 379,227379.2k $39.9m $39.9m 1.57% Added +10.5k +10,500
43 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 369,596369.6k $38.9m $38.9m 0.01% Reduced -315.2k -315,227
44 Man Group plc 0.10% of their portfolio LONDON, X0 353,510353.5k $37.2m $37.2m 0.10% Added +140.7k +140,664
45 Russell Investments Group, Ltd. 0.06% of their portfolio Seattle, WA 352,509352.5k $37.1m $37.1m 0.06% Added +108.9k +108,927
46 Clark Capital Management Group, Inc. 0.28% of their portfolio PHILADELPHIA, PA 352,205352.2k $37.1m $37.1m 0.28% Added +346.8k +346,811
47 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 347,921347.9k $36.6m $36.6m 0.01% Reduced -57.6k -57,609
48 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 326,107326.1k $34.3m $34.3m 0.03% Reduced -194.3k -194,350
49 Connor, Clark & Lunn Investment Management Ltd. 0.14% of their portfolio VANCOUVER, A1 303,108303.1k $31.9m $31.9m 0.14% Added +50.1k +50,072
50 FMR LLC 0.00% of their portfolio BOSTON, MA 302,067302.1k $31.8m $31.8m 0.00% Reduced -179.0k -179,008
51 PZENA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 298,781298.8k $31.5m $31.5m 0.11% Added +54.5k +54,490
52 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 292,483292.5k $30.8m $30.8m 0.03% Added +46.6k +46,571
53 DekaBank Deutsche Girozentrale 0.06% of their portfolio FRANKFURT, 2M 286,775286.8k $30.5m $30.5m 0.06% Added +16.9k +16,915
54 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 282,324282.3k $29.7m $29.7m 0.04% Added +1.9k +1,863
55 Alyeska Investment Group, L.P. 0.18% of their portfolio CHICAGO, IL 281,379281.4k $29.6m $29.6m 0.18% Added +241.4k +241,379
56 IMC-Chicago, LLC 0.99% of their portfolio CHICAGO, IL 269,737269.7k $28.4m $28.4m 0.99% Added +120.1k +120,062
57 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 269,482269.5k $28.4m $28.4m 0.04% Reduced -9.0k -8,961
58 Walleye Trading LLC 0.43% of their portfolio NEW YORK, NY 251,450251.4k $26.5m $26.5m 0.43% Added +5.9k +5,948
59 SG Americas Securities, LLC 0.13% of their portfolio NEW YORK, NY 250,418250.4k $26.4m $26.4m 0.13% Added +193.2k +193,180
60 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 248,150248.2k $26.1m $26.1m 0.03% Added +28.0k +28,026
61 Handelsbanken Fonder AB 0.10% of their portfolio STOCKHOLM, V7 220,789220.8k $23.2m $23.2m 0.10% Reduced -3.5k -3,462
62 RWC Asset Management LLP 1.41% of their portfolio LONDON, X0 213,667213.7k $22.5m $22.5m 1.41% Reduced -129.5k -129,506
63 Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio SEOUL, M5 203,671203.7k $30.2m $30.2m 0.07% Reduced -58.0k -57,991
64 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 199,870199.9k $21.0m $21.0m 0.01% Added +4.2k +4,183
65 BlackRock Inc. 0.00% of their portfolio New York, NY 198,942198.9k $20.9m $20.9m 0.00% Reduced -40.2k -40,194
66 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 193,695193.7k $20.4m $20.4m 0.02% Reduced -23.8k -23,769
67 Portolan Capital Management, LLC 1.54% of their portfolio BOSTON, MA 192,422192.4k $20.3m $20.3m 1.54% Added +92.4k +92,421
68 SPX Gestao de Recursos Ltda 1.75% of their portfolio RIO DE JANEIRO, D5 189,817189.8k $20.0m $20.0m 1.75% Added +97.2k +97,217
69 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 184,792184.8k $20.1m $20.1m 0.03% Reduced -716.5k -716,488
70 AVIVA PLC 0.06% of their portfolio LONDON, X0 177,910177.9k $18.7m $18.7m 0.06% Reduced -2.0k -1,981
71 M&G PLC 0.11% of their portfolio London, X0 172,877172.9k $18.2m $18.2m 0.11% First filing
72 TODD ASSET MANAGEMENT LLC 0.37% of their portfolio Louisville, KY 170,455170.5k $17.9m $17.9m 0.37% Added +17.1k +17,123
73 Walleye Capital LLC 0.18% of their portfolio NEW YORK, NY 159,006159.0k $16.7m $16.7m 0.18% Added +110.4k +110,422
74 PRELUDE CAPITAL MANAGEMENT, LLC 1.13% of their portfolio NEW YORK, NY 157,355157.4k $16.6m $16.6m 1.13% Added +113.4k +113,363
75 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 157,039157.0k $16.5m $16.5m 0.00% Reduced -24.0k -23,977
76 GTS SECURITIES LLC 0.44% of their portfolio NEW YORK, NY 154,216154.2k $16.2m $16.2m 0.44% Added +78.5k +78,450
77 HHLR ADVISORS, LTD. 0.34% of their portfolio GRAND CAYMAN, E9 150,600150.6k $15.9m $15.9m 0.34% Reduced -384.8k -384,800
78 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 147,226147.2k $15.5m $15.5m 0.00% Added +49.8k +49,756
79 Perpetual Ltd 0.15% of their portfolio SYDNEY, NEW SOUTH WALES, C3 147,165147.2k $15.5m $15.5m 0.15% Added +46.0k +45,975
80 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 145,055145.1k $15.3m $15.3m 0.03% Reduced -143.9k -143,869
81 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.42% of their portfolio CHICAGO, IL 137,500137.5k $14.5m $14.5m 0.42% Added +32.5k +32,500
82 VONTOBEL ASSET MANAGEMENT INC 0.08% of their portfolio NEW YORK, NY 132,953133.0k $13.8m $13.8m 0.08% New
83 PINEBRIDGE INVESTMENTS, L.P. 0.11% of their portfolio NEW YORK, NY 126,086126.1k $13.3m $13.3m 0.11% Added +35.7k +35,654
84 Brandywine Global Investment Management, LLC 0.10% of their portfolio PHILADELPHIA, PA 124,982125.0k $13.2m $13.2m 0.10% Added +280 +280
85 Ariose Capital Management Ltd 6.93% of their portfolio CENTRAL, HONG KONG, K3 124,900124.9k $13.1m $13.1m 6.93% New
86 Alden Global Capital LLC 9.67% of their portfolio BRANDON, FL 122,105122.1k $12.9m $12.9m 9.67% New
87 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 122,094122.1k $12.9m $12.9m 0.01% Reduced -29.0k -29,042
88 Quinn Opportunity Partners LLC 1.45% of their portfolio CHARLOTTESVILLE, VA 121,703121.7k $12.8m $12.8m 1.45% Added +91.2k +91,192
89 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 120,923120.9k $12.7m $12.7m 0.00% Added +36.3k +36,272
90 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 113,652113.7k $12.0m $12.0m 0.00% Added +2.0k +1,967
91 RBF Capital, LLC 0.20% of their portfolio RENO, NV 113,250113.2k $3.6m $3.6m 0.20% Added +95.0k +95,000
92 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 113,083113.1k $11.9m $11.9m 0.00% Reduced -280 -280
93 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 108,466108.5k $11.4m $11.4m 0.01% Added +14.1k +14,096
94 EXCHANGE TRADED CONCEPTS, LLC 0.30% of their portfolio Oklahoma City, OK 108,213108.2k $11.4m $11.4m 0.30% Added +8.3k +8,281
95 Slate Path Capital LP 0.22% of their portfolio New York, NY 106,200106.2k $11.2m $11.2m 0.22% New
96 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 105,473105.5k $11.1m $11.1m 0.01% Added +46.6k +46,596
97 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 101,085101.1k $10.6m $10.6m 0.00% Reduced -14.2k -14,236
98 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.09% of their portfolio FRANKFORT, KY 98,51098.5k $10.4m $10.4m 0.09% Added +17.0k +17,000
99 Owl Creek Asset Management, L.P. 1.43% of their portfolio New York, NY 95,59095.6k $10.1m $10.1m 1.43% New
100 Lombard Odier Asset Management (Europe) Ltd 0.55% of their portfolio LONDON, X0 81,35081.3k $8.6m $8.6m 0.55% Reduced -37.7k -37,656