Vault-13

BAIDU INC BIDU

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

Chinese web services company

478 institutional holders +40 vs Q4 2024
75,251,69075.3m shares reported held*
$6.5bnreported value*
94 new 155 added 125 reduced 53 sold out net bought ≈ $134.4m (+6.5m 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 ($38.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $85.92. Options: 52 managers hold calls ($1.6bn notional), 43 hold puts ($1.4bn).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 515Q4 22: 501Q1 23: 543Q2 23: 512Q3 23: 521Q4 23: 517Q1 24: 509Q2 24: 473Q3 24: 500Q4 24: 438Q1 25: 478478Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022515
Q4 2022501
Q1 2023543
Q2 2023512
Q3 2023521
Q4 2023517
Q1 2024509
Q2 2024473
Q3 2024500
Q4 2024438
Q1 2025478

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 203 bought or addedQ2 23: 260 cut or sold outQ3 23: 220 bought or addedQ3 23: 234 cut or sold outQ3 23Q4 23: 228 bought or addedQ4 23: 245 cut or sold outQ1 24: 258 bought or addedQ1 24: 238 cut or sold outQ1 24Q2 24: 209 bought or addedQ2 24: 254 cut or sold outQ3 24: 225 bought or addedQ3 24: 214 cut or sold outQ3 24Q4 24: 167 bought or addedQ4 24: 275 cut or sold outQ1 25: 249 bought or addedQ1 25: 178 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023203260
Q3 2023220234
Q4 2023228245
Q1 2024258238
Q2 2024209254
Q3 2024225214
Q4 2024167275
Q1 2025249178

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ2 24 calls: $787.7mQ2 24 puts: $887.2mQ2 24P/C 1.13Q3 24 calls: $1.7bnQ3 24 puts: $1.3bnQ3 24P/C 0.77Q4 24 calls: $1.2bnQ4 24 puts: $1.4bnQ4 24P/C 1.12Q1 25 calls: $1.6bnQ1 25 puts: $1.4bnQ1 25P/C 0.88
Numbers
QuarterCallsPutsP/C
Q2 2024$787.7m$887.2m1.13
Q3 2024$1.7bn$1.3bn0.77
Q4 2024$1.2bn$1.4bn1.12
Q1 2025$1.6bn$1.4bn0.88

Biggest buyers

Mirae Asset Global Investments Co., Ltd. Added +4,964,350+5.0m
FIL Ltd Added +2,205,418+2.2m
Bridgewater Associates, LP Added +1,879,715+1.9m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,191,752+1.2m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +615,061+615.1k
Maple Rock Capital Partners Inc. Added +454,900+454.9k
MILLENNIUM MANAGEMENT LLC Added +433,691+433.7k
Triata Capital Ltd Added +375,007+375.0k
Polunin Capital Partners Ltd New +344,972+345.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +283,873+283.9k

Biggest sellers

CoreView Capital Management Ltd Sold out -1,262,003-1.3m
JANE STREET GROUP, LLC Reduced -1,171,622-1.2m
Orbis Allan Gray Ltd Reduced -824,708-824.7k
APPALOOSA LP Reduced -752,909-752.9k
JPMORGAN CHASE & CO Reduced -587,904-587.9k
FEDERATED HERMES, INC. Reduced -571,834-571.8k
Dodge & Cox Reduced -475,400-475.4k
RPD Fund Management LLC Reduced -375,609-375.6k
RENAISSANCE TECHNOLOGIES LLC Sold out -358,399-358.4k
ARIEL INVESTMENTS, LLC Sold out -355,193-355.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $472.3m5.1m shares
CITADEL ADVISORS LLC Added $248.8m2.7m shares
IMC-Chicago, LLC Added $146.0m1.6m shares
JANE STREET GROUP, LLC Added $104.0m1.1m shares
SIMPLEX TRADING, LLC Added $94.4m1.0m shares
PEAK6 LLC Added $92.4m1.0m shares
MILLENNIUM MANAGEMENT LLC Added $62.8m682.1k shares
WOLVERINE TRADING, LLC Added $53.7m575.3k shares
Owl Creek Asset Management, L.P. New $46.3m502.6k shares
GROUP ONE TRADING LLC Added $39.2m425.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $414.1m4.5m shares
CITADEL ADVISORS LLC Added $179.4m1.9m shares
IMC-Chicago, LLC Added $102.1m1.1m shares
PEAK6 LLC Added $97.9m1.1m shares
SIMPLEX TRADING, LLC Added $67.0m728.3k shares
JANE STREET GROUP, LLC Reduced $63.4m688.8k shares
WELLS FARGO & COMPANY/MN Unchanged $61.1m663.8k shares
UBS Group AG Reduced $54.2m589.0k shares
Walleye Trading LLC Reduced $48.7m529.3k shares
MILLENNIUM MANAGEMENT LLC Added $40.2m436.4k 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 2025

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 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRIMECAP MANAGEMENT CO/CA/ 0.91% of their portfolio PASADENA, CA 11,946,33611.9m $1.1bn $1.1bn 0.91% Reduced -167.9k -167,900
2 Dodge & Cox 0.29% of their portfolio San Francisco, CA 5,440,8155.4m $500.7m $500.7m 0.29% Reduced -475.4k -475,400
3 Mirae Asset Global Investments Co., Ltd. 0.13% of their portfolio SEOUL, M5 5,324,7285.3m $32.4m $32.4m 0.13% Added +5.0m +4,964,350
4 Orbis Allan Gray Ltd 1.70% of their portfolio HamiltoN, D0 3,236,1113.2m $297.8m $297.8m 1.70% Reduced -824.7k -824,708
5 FIL Ltd 0.25% of their portfolio HAMILTON, D0 2,805,3362.8m $258.2m $258.2m 0.25% Added +2.2m +2,205,418
6 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,452,9862.5m $225.7m $225.7m 0.05% Added +177.7k +177,747
7 Pictet Asset Management Holding SA 0.22% of their portfolio CAROUGE, V8 2,123,3702.1m $195.4m $195.4m 0.22% Reduced -286.9k -286,937
8 Bridgewater Associates, LP 0.89% of their portfolio Westport, CT 2,076,3052.1m $191.1m $191.1m 0.89% Added +1.9m +1,879,715
9 Black Creek Investment Management Inc. 8.90% of their portfolio TORONTO, A6 2,062,9542.1m $189.9m $189.9m 8.90% Reduced -223.9k -223,906
10 Robeco Institutional Asset Management B.V. 0.33% of their portfolio ROTTERDAM, P7 1,864,3391.9m $171.6m $171.6m 0.33% Reduced -17.8k -17,783
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.24% of their portfolio BALA CYNWYD, PA 1,598,5321.6m $147.1m $147.1m 0.24% Added +1.2m +1,191,752
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,463,2201.5m $134.7m $134.7m 0.01% Reduced -343.9k -343,936
13 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,361,9731.4m $125.3m $125.3m 0.03% Added +11.7k +11,658
14 FEDERATED HERMES, INC. 0.22% of their portfolio PITTSBURGH, PA 1,118,4251.1m $102.9m $102.9m 0.22% Reduced -571.8k -571,834
15 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,037,6261.0m $95.5m $95.5m 0.01% Added +25.8k +25,834
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,029,6221.0m $94.8m $94.8m 0.01% Added +116.2k +116,156
17 MACQUARIE GROUP LTD 0.11% of their portfolio Sydney, NSW 2000, C3 921,316921.3k $84.8m $84.8m 0.11% Reduced -45.9k -45,935
18 JANE STREET GROUP, LLC 0.14% of their portfolio NEW YORK, NY 868,997869.0k $80.0m $80.0m 0.14% Reduced -1.2m -1,171,622
19 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 807,322807.3k $74.3m $74.3m 0.02% Added +615.1k +615,061
20 Mondrian Investment Partners LTD 1.22% of their portfolio LONDON, X0 777,534777.5k $71.6m $71.6m 1.22% Added +228.6k +228,623
21 APPALOOSA LP 1.28% of their portfolio Short Hills, NJ 775,000775.0k $71.3m $71.3m 1.28% Reduced -752.9k -752,909
22 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 755,849755.8k $69.6m $69.6m 0.02% Added +35.1k +35,115
23 EARNEST PARTNERS LLC 0.30% of their portfolio ATLANTA, GA 672,741672.7k $61.9m $61.9m 0.30% Added +16.2k +16,159
24 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 658,390658.4k $60.6m $60.6m 0.01% Added +131.9k +131,946
25 Maple Rock Capital Partners Inc. 4.20% of their portfolio Toronto, A6 625,100625.1k $57.5m $57.5m 4.20% Added +454.9k +454,900
26 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 610,334610.3k $56.2m $56.2m 0.01% Added +233.3k +233,304
27 GMT Capital Corp 2.89% of their portfolio ATLANTA, GA 591,427591.4k $54.4m $54.4m 2.89% Added +178.3k +178,300
28 M&G PLC 0.26% of their portfolio London, X0 587,600587.6k $54.1m $54.1m 0.26% Added +71.9k +71,859
29 Triata Capital Ltd 11.84% of their portfolio HONG KONG, K3 568,432568.4k $52.3m $52.3m 11.84% Added +375.0k +375,007
30 North of South Capital LLP 5.73% of their portfolio LONDON, X0 557,237557.2k $51.3m $51.3m 5.73% Reduced -57.6k -57,610
31 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 556,885556.9k $51.3m $51.3m 0.05% Added +433.7k +433,691
32 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 523,929523.9k $48.2m $48.2m 0.05% Reduced -45.9k -45,927
33 NAN FUNG TRINITY (HK) LTD 7.09% of their portfolio CENTRAL, HONG KONG, K3 485,821485.8k $44.7m $44.7m 7.09% Reduced -231.8k -231,800
34 RPD Fund Management LLC 23.75% of their portfolio New York, NY 481,286481.3k $44.3m $44.3m 23.75% Reduced -375.6k -375,609
35 SG Americas Securities, LLC 0.14% of their portfolio NEW YORK, NY 459,260459.3k $42.3m $42.3m 0.14% Added +77.8k +77,804
36 Slate Path Capital LP 0.62% of their portfolio New York, NY 371,300371.3k $34.2m $34.2m 0.62% Added +156.2k +156,200
37 Legal & General Group Plc 0.01% of their portfolio London, X0 367,743367.7k $33.8m $33.8m 0.01% Added +8.6k +8,645
38 Brandywine Global Investment Management, LLC 0.24% of their portfolio PHILADELPHIA, PA 356,822356.8k $32.8m $32.8m 0.24% Added +67.2k +67,180
39 Polunin Capital Partners Ltd 5.36% of their portfolio LONDON, X0 344,972345.0k $26.5m $26.5m 5.36% New
40 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 338,609338.6k $31.2m $31.2m 0.02% Added +77.5k +77,520
41 SIMPLEX TRADING, LLC 1.07% of their portfolio CHICAGO, IL 328,925328.9k $30.3m $30.3m 1.07% Added +65.7k +65,746
42 BlackRock, Inc. 0.00% of their portfolio New York, NY 328,877328.9k $30.3m $30.3m 0.00% Added +134.2k +134,165
43 Walleye Trading LLC 0.83% of their portfolio NEW YORK, NY 319,117319.1k $29.4m $29.4m 0.83% Reduced -90.4k -90,410
44 NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio STOCKHOLM, V7 313,041313.0k $28.4m $28.4m 0.03% Added +9.4k +9,450
45 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 303,882303.9k $28.0m $28.0m 0.01% Added +974 +974
46 Hudson Bay Capital Management LP 0.17% of their portfolio STAMFORD, CT 300,000300.0k $27.6m $27.6m 0.17% Unchanged
47 DekaBank Deutsche Girozentrale 0.05% of their portfolio FRANKFURT, 2M 286,775286.8k $26.3m $26.3m 0.05% Unchanged
48 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 283,873283.9k $26.1m $26.1m 0.02% New
49 PZENA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 276,607276.6k $25.5m $25.5m 0.09% Reduced -43.2k -43,180
50 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 254,754254.8k $23.4m $23.4m 0.03% Added +3.4k +3,410
51 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 250,531250.5k $23.1m $23.1m 0.00% Added +9.9k +9,877
52 Monaco Asset Management SAM 11.47% of their portfolio Monaco, O9 246,371246.4k $22.7m $22.7m 11.47% Added +65.0k +65,000
53 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 244,911244.9k $22.6m $22.6m 0.02% Added +151.0k +151,014
54 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 242,056242.1k $22.3m $22.3m 0.04% New
55 IMC-Chicago, LLC 0.85% of their portfolio CHICAGO, IL 239,334239.3k $22.0m $22.0m 0.85% Reduced -147.0k -147,033
56 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio CAUSEWAY BAY, K3 232,622232.6k $21.4m $21.4m 0.05% Reduced -2.2k -2,210
57 Contrarius Group Holdings Ltd 1.39% of their portfolio Hamilton, D0 220,688220.7k $20.3m $20.3m 1.39% Reduced -103.5k -103,453
58 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 211,711211.7k $19.5m $19.5m 0.00% Added +5.5k +5,530
59 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 200,029200.0k $18.4m $18.4m 0.04% Unchanged
60 OAKTREE CAPITAL MANAGEMENT LP 0.37% of their portfolio LOS ANGELES, CA 199,684199.7k $18.4m $18.4m 0.37% New
61 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 193,047193.0k $17.8m $17.8m 0.02% Added +33.8k +33,754
62 Mariner, LLC 0.03% of their portfolio Overland Park, KS 191,192191.2k $17.6m $17.6m 0.03% Added +182.5k +182,472
63 Penserra Capital Management LLC 0.30% of their portfolio ORINDA, CA 182,966183.0k $16.8m $16.8m 0.30% Added +53.2k +53,219
64 CIBC WORLD MARKET INC. 0.04% of their portfolio TORONTO, A6 179,606179.6k $16.5m $16.5m 0.04% Added +74.9k +74,882
65 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 177,556177.6k $16.3m $16.3m 0.02% New
66 683 Capital Management, LLC 1.66% of their portfolio NEW YORK, NY 177,500177.5k $16.3m $16.3m 1.66% Added +7.5k +7,500
67 HHLR ADVISORS, LTD. 0.44% of their portfolio GRAND CAYMAN, E9 170,000170.0k $15.6m $15.6m 0.44% New
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,713160.7k $14.8m $14.8m 0.00% Added +34.6k +34,579
69 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 157,426157.4k $14.5m $14.5m 0.02% Added +129.2k +129,241
70 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 151,733151.7k $14.0m $14.0m 0.01% New
71 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 150,980151.0k $13.9m $13.9m 0.00% Reduced -587.9k -587,904
72 Amova Asset Management Americas, Inc. 0.18% of their portfolio New York, NY 150,007150.0k $13.8m $13.8m 0.18% New
73 Alyeska Investment Group, L.P. 0.06% of their portfolio CHICAGO, IL 150,000150.0k $13.8m $13.8m 0.06% Reduced -156.9k -156,868
74 CANTOR FITZGERALD, L. P. 0.50% of their portfolio NEW YORK, NY 146,472146.5k $13.5m $13.5m 0.50% Reduced -253.5k -253,503
75 Quaker Capital Investments, LLC 4.19% of their portfolio MOUNT LEBANON, PA 141,100141.1k $13.0m $13.0m 4.19% Added +39.0k +39,000
76 Schonfeld Strategic Advisors LLC 0.09% of their portfolio NEW YORK, NY 140,600140.6k $12.9m $12.9m 0.09% Reduced -12.3k -12,305
77 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 136,660136.7k $12.6m $12.6m 0.01% Added +80.5k +80,478
78 Optiver Holding B.V. 0.49% of their portfolio AMSTERDAM, P7 134,564134.6k $12.6m $12.6m 0.49% Added +89.1k +89,100
79 Portolan Capital Management, LLC 0.94% of their portfolio BOSTON, MA 134,546134.5k $12.4m $12.4m 0.94% New
80 Quinn Opportunity Partners LLC 0.85% of their portfolio CHARLOTTESVILLE, VA 132,000132.0k $12.1m $12.1m 0.85% Added +10.0k +10,000
81 Alberta Investment Management Corp 0.08% of their portfolio EDMONTON, A0 129,179129.2k $11.9m $11.9m 0.08% Added +10.7k +10,697
82 CI INVESTMENTS INC. 0.05% of their portfolio TORONTO, Z4 128,580128.6k $11.8m $11.8m 0.05% New
83 ARK Investment Management LLC 0.12% of their portfolio ST. PETERSBURG, FL 128,359128.4k $11.8m $11.8m 0.12% New
84 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 123,524123.5k $11.4m $11.4m 0.01% Reduced -331.5k -331,538
85 Capula Management Ltd 0.08% of their portfolio Grand Cayman, E9 121,000121.0k $11.1m $11.1m 0.08% Reduced -129.0k -129,000
86 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 120,636120.6k $11.1m $11.1m 0.03% Added +91.5k +91,526
87 FMR LLC 0.00% of their portfolio BOSTON, MA 118,496118.5k $10.9m $10.9m 0.00% Added +108.1k +108,085
88 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 118,159118.2k $10.9m $10.9m 0.00% Reduced -2.5k -2,469
89 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 117,991118.0k $10.9m $10.9m 0.01% Reduced -123.6k -123,581
90 Flight Deck Capital, LP 10.99% of their portfolio SAN FRANCISCO, CA 115,700115.7k $10.6m $10.6m 10.99% Added +42.1k +42,100
91 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 113,385113.4k $10.4m $10.4m 0.03% Reduced -117.4k -117,392
92 PRELUDE CAPITAL MANAGEMENT, LLC 1.03% of their portfolio NEW YORK, NY 111,058111.1k $10.2m $10.2m 1.03% Reduced -10.3k -10,261
93 Saba Capital Management, L.P. 0.27% of their portfolio NEW YORK, NY 107,068107.1k $9.9m $9.9m 0.27% Unchanged
94 GROUP ONE TRADING LLC 0.39% of their portfolio CHICAGO, IL 101,549101.5k $9.3m $9.3m 0.39% Reduced -61.6k -61,553
95 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,526100.5k $9.3m $9.3m 0.00% Added +25.9k +25,929
96 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 99,991100.0k $9.2m $9.2m 0.01% Added +8.4k +8,427
97 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 99,03999.0k $9.1m $9.1m 0.00% Reduced -6.1k -6,064
98 Man Group plc 0.02% of their portfolio LONDON, X0 90,02590.0k $8.3m $8.3m 0.02% Added +63.5k +63,462
99 WESTERLY CAPITAL MANAGEMENT, LLC 3.75% of their portfolio SAN FRANCISCO, CA 85,00085.0k $7.8m $7.8m 3.75% Added +60.0k +60,000
100 J. Goldman & Co LP 0.27% of their portfolio NEW YORK, NY 84,20084.2k $7.7m $7.7m 0.27% New