Vault-13

BAIDU INC BIDU

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

Chinese web services company

473 institutional holders -36 vs Q1 2024
69,481,45669.5m shares reported held*
$6.0bnreported value*
60 new 149 added 160 reduced 94 sold out net sold ≈ $1.3bn (-15.3m 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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.57. Options: 46 managers hold calls ($787.7m notional), 38 hold puts ($887.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 515Q4 22: 501Q1 23: 543Q2 23: 512Q3 23: 521Q4 23: 517Q1 24: 509Q2 24: 473473Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022515
Q4 2022501
Q1 2023543
Q2 2023512
Q3 2023521
Q4 2023517
Q1 2024509
Q2 2024473

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 outQ2 23: 203 bought or addedQ2 23: 260 cut or sold outQ2 23Q3 23: 220 bought or addedQ3 23: 234 cut or sold outQ4 23: 228 bought or addedQ4 23: 245 cut or sold outQ4 23Q1 24: 258 bought or addedQ1 24: 238 cut or sold outQ2 24: 209 bought or addedQ2 24: 254 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022207260
Q1 2023244250
Q2 2023203260
Q3 2023220234
Q4 2023228245
Q1 2024258238
Q2 2024209254

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ3 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 1.18Q2 24 calls: $787.7mQ2 24 puts: $887.2mQ2 24P/C 1.13
Numbers
QuarterCallsPutsP/C
Q3 2023$934.2m$1.0bn1.07
Q4 2023$951.0m$1.6bn1.68
Q1 2024$834.6m$984.9m1.18
Q2 2024$787.7m$887.2m1.13

Biggest buyers

Dodge & Cox Added +2,099,500+2.1m
Sanders Capital, LLC Added +1,824,974+1.8m
PRIMECAP MANAGEMENT CO/CA/ Added +1,753,577+1.8m
CITADEL ADVISORS LLC Added +648,446+648.4k
MILLENNIUM MANAGEMENT LLC Added +449,676+449.7k
Robeco Institutional Asset Management B.V. Added +367,921+367.9k
UBS Group AG Added +352,657+352.7k
IMC-Chicago, LLC Added +346,959+347.0k
DekaBank Deutsche Girozentrale Added +295,700+295.7k
XY Capital Ltd New +276,133+276.1k

Biggest sellers

MORGAN STANLEY Reduced -12,562,890-12.6m
BAILLIE GIFFORD & CO Sold out -2,573,286-2.6m
ARGA Investment Management, LP Reduced -1,014,529-1.0m
RWC ASSET ADVISORS (US) LLC Sold out -782,764-782.8k
JPMORGAN CHASE & CO Reduced -614,322-614.3k
CANADA PENSION PLAN INVESTMENT BOARD Reduced -605,185-605.2k
ALKEON CAPITAL MANAGEMENT LLC Reduced -560,000-560.0k
Marathon Asset Management Ltd Sold out -529,597-529.6k
Maple Rock Capital Partners Inc. Sold out -480,000-480.0k
ANTIPODES PARTNERS Ltd Reduced -466,121-466.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $213.8m2.5m shares
IMC-Chicago, LLC Added $87.0m1.0m shares
SIMPLEX TRADING, LLC Added $72.6m839.1k shares
CITADEL ADVISORS LLC Reduced $54.8m633.4k shares
PEAK6 Investments LLC Added $49.9m576.7k shares
UBS Group AG Added $47.7m551.3k shares
WOLVERINE TRADING, LLC Added $44.1m510.5k shares
Squarepoint Ops LLC Added $26.6m308.0k shares
GOLDMAN SACHS GROUP INC Reduced $17.8m206.1k shares
CTC LLC Reduced $17.5m2.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $188.1m2.2m shares
CITADEL ADVISORS LLC Reduced $151.2m1.7m shares
IMC-Chicago, LLC Added $87.7m1.0m shares
D. E. Shaw & Co., Inc. Added $71.9m831.4k shares
JANE STREET GROUP, LLC Added $66.9m773.3k shares
SIMPLEX TRADING, LLC Reduced $45.2m522.4k shares
MILLENNIUM MANAGEMENT LLC Reduced $37.8m437.2k shares
GTS SECURITIES LLC Added $29.5m341.1k shares
Walleye Trading LLC Reduced $24.4m282.7k shares
Squarepoint Ops LLC Reduced $22.6m261.6k 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 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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRIMECAP MANAGEMENT CO/CA/ 0.75% of their portfolio PASADENA, CA 11,947,70611.9m $1.0bn $1.0bn 0.75% Added +1.8m +1,753,577
2 Dodge & Cox 0.31% of their portfolio San Francisco, CA 5,883,2155.9m $508.8m $508.8m 0.31% Added +2.1m +2,099,500
3 Black Creek Investment Management Inc. 9.59% of their portfolio TORONTO, A6 2,979,8193.0m $257.7m $257.7m 9.59% Reduced -159.8k -159,793
4 Sanders Capital, LLC 0.34% of their portfolio West Palm Beach, FL 2,587,3942.6m $223.8m $223.8m 0.34% Added +1.8m +1,824,974
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,539,2932.5m $219.6m $219.6m 0.02% Reduced -12.6m -12,562,890
6 Robeco Institutional Asset Management B.V. 0.42% of their portfolio ROTTERDAM, P7 2,240,3882.2m $193.7m $193.7m 0.42% Added +367.9k +367,921
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,977,0482.0m $171.0m $171.0m 0.01% Reduced -614.3k -614,322
8 FEDERATED HERMES, INC. 0.39% of their portfolio PITTSBURGH, PA 1,884,5561.9m $163.0m $163.0m 0.39% Added +67.3k +67,331
9 ALKEON CAPITAL MANAGEMENT LLC 0.77% of their portfolio New York, NY 1,726,8911.7m $149.3m $149.3m 0.77% Reduced -560.0k -560,000
10 APPALOOSA LP 2.33% of their portfolio Short Hills, NJ 1,665,0001.7m $144.0m $144.0m 2.33% Reduced -135.0k -135,000
11 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,344,3091.3m $116.3m $116.3m 0.03% Added +14.9k +14,878
12 Pictet Asset Management Holding SA 0.13% of their portfolio CAROUGE, V8 1,343,3291.3m $116.2m $116.2m 0.13% Added +12.6k +12,601
13 CITADEL ADVISORS LLC 0.10% of their portfolio MIAMI, FL 1,224,5111.2m $105.9m $105.9m 0.10% Added +648.4k +648,446
14 ARIEL INVESTMENTS, LLC 1.02% of their portfolio CHICAGO, IL 1,093,2521.1m $94.5m $94.5m 1.02% Reduced -46.5k -46,469
15 CoreView Capital Management Ltd 14.53% of their portfolio HONG KONG, K3 1,070,1651.1m $92.5m $92.5m 14.53% Unchanged
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,010,6391.0m $87.4m $87.4m 0.01% Reduced -6.7k -6,702
17 UBS Group AG 0.03% of their portfolio ZURICH, V8 972,869972.9k $84.1m $84.1m 0.03% Added +352.7k +352,657
18 Contrarius Investment Management Ltd 4.44% of their portfolio St. Helier, Y9 821,832821.8k $71.1m $71.1m 4.44% Added +41.3k +41,303
19 NAN FUNG TRINITY (HK) LTD 15.12% of their portfolio CENTRAL, HONG KONG, K3 810,721810.7k $70.1m $70.1m 15.12% Added +123.6k +123,600
20 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 775,783775.8k $67.1m $67.1m 0.06% Added +449.7k +449,676
21 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 735,835735.8k $63.6m $63.6m 0.01% Reduced -262.1k -262,071
22 EARNEST PARTNERS LLC 0.27% of their portfolio ATLANTA, GA 666,849666.8k $57.7m $57.7m 0.27% Reduced -15.8k -15,830
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 655,941655.9k $56.7m $56.7m 0.10% Reduced -323.2k -323,166
24 Mondrian Investment Partners LTD 0.86% of their portfolio LONDON, X0 634,187634.2k $56.2m $56.2m 0.86% Reduced -102.4k -102,422
25 MACQUARIE GROUP LTD 0.06% of their portfolio Sydney, NSW 2000, C3 631,569631.6k $54.6m $54.6m 0.06% Added +3.1k +3,096
26 IMC-Chicago, LLC 1.71% of their portfolio CHICAGO, IL 616,696616.7k $53.3m $53.3m 1.71% Added +347.0k +346,959
27 ANTIPODES PARTNERS Ltd 1.93% of their portfolio ROYAL EXCHANGE, C3 615,732615.7k $53.2m $53.2m 1.93% Reduced -466.1k -466,121
28 DekaBank Deutsche Girozentrale 0.09% of their portfolio FRANKFURT, 2M 582,475582.5k $51.2m $51.2m 0.09% Added +295.7k +295,700
29 FIL Ltd 0.05% of their portfolio HAMILTON, D0 581,639581.6k $50.3m $50.3m 0.05% Reduced -35.6k -35,568
30 Alyeska Investment Group, L.P. 0.27% of their portfolio CHICAGO, IL 544,742544.7k $47.1m $47.1m 0.27% Added +263.4k +263,363
31 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 416,227416.2k $36.0m $36.0m 0.04% Reduced -358.0k -358,040
32 CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio TORONTO ONTARIO, A6 413,500413.5k $35.8m $35.8m 0.04% Reduced -605.2k -605,185
33 GMT Capital Corp 1.28% of their portfolio ATLANTA, GA 400,227400.2k $34.6m $34.6m 1.28% Added +21.0k +21,000
34 BAMCO INC /NY/ 0.10% of their portfolio NEW YORK, NY 396,819396.8k $34.3m $34.3m 0.10% Reduced -336.3k -336,327
35 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 386,299386.3k $33.4m $33.4m 0.06% Reduced -377.6k -377,600
36 Clark Capital Management Group, Inc. 0.24% of their portfolio PHILADELPHIA, PA 383,403383.4k $33.2m $33.2m 0.24% Added +31.2k +31,198
37 SIMPLEX TRADING, LLC 1.04% of their portfolio CHICAGO, IL 375,303375.3k $32.5m $32.5m 1.04% Reduced -14.7k -14,733
38 North of South Capital LLP 8.36% of their portfolio LONDON, X0 373,137373.1k $32.3m $32.3m 8.36% First filing
39 Legal & General Group Plc 0.01% of their portfolio London, X0 366,870366.9k $31.7m $31.7m 0.01% Reduced -15.4k -15,427
40 NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio STOCKHOLM, V7 366,334366.3k $32.0m $32.0m 0.04% Reduced -32.1k -32,053
41 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 332,619332.6k $28.8m $28.8m 0.03% Added +84.5k +84,469
42 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 327,147327.1k $28.3m $28.3m 0.01% Reduced -20.8k -20,774
43 Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio VANCOUVER, A1 320,183320.2k $27.7m $27.7m 0.12% Added +17.1k +17,075
44 PZENA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 309,581309.6k $26.8m $26.8m 0.09% Added +10.8k +10,800
45 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 278,725278.7k $24.1m $24.1m 0.03% Reduced -3.6k -3,599
46 XY Capital Ltd 27.21% of their portfolio CENTRAL, K3 276,133276.1k $23.9m $23.9m 27.21% New
47 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 272,607272.6k $23.6m $23.6m 0.02% Reduced -19.9k -19,876
48 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 266,023266.0k $23.0m $23.0m 0.03% Reduced -3.5k -3,459
49 Hudson Bay Capital Management LP 0.16% of their portfolio STAMFORD, CT 250,000250.0k $21.6m $21.6m 0.16% New
50 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 245,172245.2k $21.2m $21.2m 0.01% Added +123.1k +123,078
51 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 239,275239.3k $20.7m $20.7m 0.01% Reduced -169.6k -169,632
52 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 227,401227.4k $19.7m $19.7m 0.00% Reduced -142.2k -142,195
53 Walleye Trading LLC 0.38% of their portfolio NEW YORK, NY 224,277224.3k $19.4m $19.4m 0.38% Reduced -27.2k -27,173
54 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio CAUSEWAY BAY, K3 218,826218.8k $18.9m $18.9m 0.04% First filing
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 216,243216.2k $18.7m $18.7m 0.02% Reduced -234.6k -234,568
56 GTS SECURITIES LLC 0.39% of their portfolio NEW YORK, NY 216,013216.0k $18.7m $18.7m 0.39% Added +61.8k +61,797
57 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 208,323208.3k $18.0m $18.0m 0.03% Reduced -144.2k -144,186
58 SG Americas Securities, LLC 0.11% of their portfolio NEW YORK, NY 201,831201.8k $17.5m $17.5m 0.11% Reduced -48.6k -48,587
59 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 197,487197.5k $17.1m $17.1m 0.01% Reduced -2.4k -2,383
60 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 191,041191.0k $16.5m $16.5m 0.02% Added +82.6k +82,575
61 SPX Gestao de Recursos Ltda 2.48% of their portfolio RIO DE JANEIRO, D5 188,979189.0k $16.3m $16.3m 2.48% Reduced -838 -838
62 Clearline Capital LP 1.41% of their portfolio NEW YORK, NY 186,562186.6k $16.1m $16.1m 1.41% Added +156.3k +156,299
63 Slate Path Capital LP 0.32% of their portfolio New York, NY 182,900182.9k $15.8m $15.8m 0.32% Added +76.7k +76,700
64 Brandywine Global Investment Management, LLC 0.12% of their portfolio PHILADELPHIA, PA 182,452182.5k $15.8m $15.8m 0.12% Added +57.5k +57,470
65 TODD ASSET MANAGEMENT LLC 0.31% of their portfolio Louisville, KY 172,092172.1k $14.9m $14.9m 0.31% Added +1.6k +1,637
66 BlackRock Inc. 0.00% of their portfolio New York, NY 171,956172.0k $14.9m $14.9m 0.00% Reduced -27.0k -26,986
67 Handelsbanken Fonder AB 0.06% of their portfolio STOCKHOLM, V7 167,817167.8k $14.5m $14.5m 0.06% Reduced -53.0k -52,972
68 SHAH CAPITAL MANAGEMENT 3.09% of their portfolio RALEIGH, NC 165,000165.0k $14.3m $14.3m 3.09% New
69 M&G PLC 0.08% of their portfolio London, X0 158,233158.2k $13.6m $13.6m 0.08% Reduced -14.6k -14,644
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 151,751151.8k $13.1m $13.1m 0.00% Added +4.5k +4,525
71 TWO SIGMA SECURITIES, LLC 0.62% of their portfolio NEW YORK, NY 151,277151.3k $13.1m $13.1m 0.62% New
72 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 149,348149.3k $12.9m $12.9m 0.02% Reduced -44.3k -44,347
73 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 144,061144.1k $12.5m $12.5m 0.00% Reduced -13.0k -12,978
74 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 140,250140.2k $12.1m $12.1m 0.00% Added +19.3k +19,327
75 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 138,701138.7k $12.0m $12.0m 0.04% Added +81.0k +80,954
76 AVIVA PLC 0.03% of their portfolio LONDON, X0 133,745133.7k $11.6m $11.6m 0.03% Reduced -44.2k -44,165
77 Walleye Capital LLC 0.12% of their portfolio NEW YORK, NY 130,740130.7k $11.3m $11.3m 0.12% Reduced -28.3k -28,266
78 Quinn Opportunity Partners LLC 1.22% of their portfolio CHARLOTTESVILLE, VA 121,703121.7k $10.5m $10.5m 1.22% Unchanged
79 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 119,778119.8k $10.4m $10.4m 0.00% Added +6.1k +6,126
80 Monaco Asset Management SAM 5.09% of their portfolio Monaco, O9 117,500117.5k $10.2m $10.2m 5.09% Added +42.5k +42,500
81 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 115,732115.7k $10.0m $10.0m 0.03% Added +76.0k +75,957
82 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 107,252107.3k $9.2m $9.2m 0.01% Reduced -77.5k -77,540
83 PRELUDE CAPITAL MANAGEMENT, LLC 0.77% of their portfolio NEW YORK, NY 106,485106.5k $9.2m $9.2m 0.77% Reduced -50.9k -50,870
84 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 101,313101.3k $8.8m $8.8m 0.00% Added +31.1k +31,089
85 Alden Global Capital LLC 7.24% of their portfolio BRANDON, FL 101,131101.1k $8.7m $8.7m 7.24% Reduced -21.0k -20,974
86 EXCHANGE TRADED CONCEPTS, LLC 0.22% of their portfolio Oklahoma City, OK 99,36399.4k $8.6m $8.6m 0.22% Reduced -8.8k -8,850
87 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.08% of their portfolio FRANKFORT, KY 98,51098.5k $8.5m $8.5m 0.08% Unchanged
88 SIH Partners, LLLP 7.70% of their portfolio Wilmington, DE 92,16492.2k $8.0m $8.0m 7.70% New
89 Portolan Capital Management, LLC 0.60% of their portfolio BOSTON, MA 84,84784.8k $7.3m $7.3m 0.60% Reduced -107.6k -107,575
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 84,54884.5k $7.3m $7.3m 0.00% Added +8.4k +8,422
91 CTC LLC 0.54% of their portfolio CHICAGO, IL 84,19784.2k $7.3m $7.3m 0.54% Added +14.8k +14,758
92 Leonteq Securities AG 0.98% of their portfolio ZURICH, V8 81,73981.7k $7.1m $7.1m 0.98% Added +26.2k +26,244
93 Saba Capital Management, L.P. 0.15% of their portfolio NEW YORK, NY 81,00081.0k $7.0m $7.0m 0.15% New
94 Scion Asset Management, LLC 12.36% of their portfolio Saratoga, CA 75,00075.0k $6.5m $6.5m 12.36% Added +35.0k +35,000
95 PINEBRIDGE INVESTMENTS, L.P. 0.05% of their portfolio NEW YORK, NY 72,09172.1k $6.2m $6.2m 0.05% Reduced -54.0k -53,995
96 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 67,07467.1k $5.8m $5.8m 0.01% Added +55.1k +55,116
97 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 66,18066.2k $5.7m $5.7m 0.00% Added +17.9k +17,889
98 PEAK6 Investments LLC 0.26% of their portfolio CHICAGO, IL 64,44864.4k $5.6m $5.6m 0.26% Added +15.1k +15,067
99 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 63,88063.9k $5.5m $5.5m 0.00% Reduced -37.2k -37,205
100 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 61,39661.4k $5.3m $5.3m 0.01% Added +2.0k +1,956