BAIDU INC BIDU
SPON ADR REP A · ADR · CUSIP 056752108 · ISIN US0567521085
Chinese web services company
* 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 ($76.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $111.34. Options: 37 managers hold calls ($1.4bn notional), 34 hold puts ($1.2bn).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 515 |
| Q4 2022 | 501 |
| Q1 2023 | 543 |
| Q2 2023 | 512 |
| Q3 2023 | 521 |
| Q4 2023 | 517 |
| Q1 2024 | 509 |
| Q2 2024 | 473 |
| Q3 2024 | 500 |
| Q4 2024 | 438 |
| Q1 2025 | 478 |
| Q2 2025 | 430 |
| Q3 2025 | 486 |
| Q4 2025 | 528 |
| Q1 2026 | 509 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 209 | 254 |
| Q3 2024 | 225 | 214 |
| Q4 2024 | 167 | 275 |
| Q1 2025 | 249 | 178 |
| Q2 2025 | 169 | 242 |
| Q3 2025 | 259 | 190 |
| Q4 2025 | 269 | 204 |
| Q1 2026 | 253 | 246 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $1.1bn | $1.4bn | 1.25 |
| Q3 2025 | $4.7bn | $2.9bn | 0.61 |
| Q4 2025 | $2.8bn | $2.2bn | 0.79 |
| Q1 2026 | $1.4bn | $1.2bn | 0.84 |
Biggest buyers
| MORGAN STANLEY | Added | +3.8m |
| BlackRock, Inc. | Added | +2.0m |
| UBS Group AG | Added | +695.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +552.5k |
| JPMORGAN CHASE & CO | Added | +484.4k |
| WCM INVESTMENT MANAGEMENT, LLC | Added | +411.7k |
| Qube Research & Technologies Ltd | New | +397.6k |
| TT International Asset Management LTD | Added | +368.7k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +359.3k |
| North of South Capital LLP | Added | +313.3k |
Biggest sellers
| SCHRODER INVESTMENT MANAGEMENT GROUP | Sold out | -1.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -877.9k |
| Point72 Asset Management, L.P. | Sold out | -726.9k |
| CITADEL ADVISORS LLC | Reduced | -568.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -530.1k |
| IMC-Chicago, LLC | Reduced | -419.2k |
| Walleye Trading LLC | Reduced | -374.6k |
| Carrhae Capital LLP | Sold out | -341.7k |
| ARGA Investment Management, LP | Sold out | -302.9k |
| MARSHALL WACE, LLP | Reduced | -286.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $358.4m3.2m shares |
| CITADEL ADVISORS LLC | Reduced | $194.1m1.7m shares |
| IMC-Chicago, LLC | Reduced | $177.2m1.6m shares |
| GROUP ONE TRADING LLC | Added | $108.1m970.0k shares |
| JANE STREET GROUP, LLC | Reduced | $101.8m913.4k shares |
| UBS Group AG | Reduced | $87.5m785.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $40.6m364.8k shares |
| JPMORGAN CHASE & CO | Reduced | $36.3m340.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $34.5m310.0k shares |
| Walleye Trading LLC | Added | $24.7m221.3k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $217.9m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $216.1m1.9m shares |
| CITADEL ADVISORS LLC | Reduced | $140.9m1.3m shares |
| JPMORGAN CHASE & CO | Added | $100.2m939.5k shares |
| UBS Group AG | Reduced | $83.4m748.9k shares |
| IMC-Chicago, LLC | Reduced | $78.5m704.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $42.5m381.1k shares |
| Walleye Trading LLC | Reduced | $42.1m378.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $29.8m267.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.7m257.9k 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 2026
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 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| PRIMECAP MANAGEMENT CO/CA/ 0.97% of their portfolio | 11.1m $1.2bn | Reduced -46.8k |
| MORGAN STANLEY 0.04% of their portfolio | 6.5m $725.9m | Added +3.8m |
| BlackRock, Inc. 0.00% of their portfolio | 2.3m $255.9m | Added +2.0m |
| UBS Group AG 0.04% of their portfolio | 2.1m $236.7m | Added +695.0k |
| Robeco Institutional Asset Management B.V. 0.23% of their portfolio | 1.5m $164.2m | Added +62.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $135.1m | Reduced -26.3k |
| Capital World Investors 0.02% of their portfolio | 1.2m $133.5m | Added +15.4k |
| ARK Investment Management LLC 0.97% of their portfolio | 1.1m $124.8m | Reduced -37.5k |
| Black Creek Investment Management Inc. 5.57% of their portfolio | 932.0k $103.8m | Added +39.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 873.9k $97.4m | Reduced -59.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio | 859.3k $95.7m | Added +552.5k |
| EARNEST PARTNERS LLC 0.39% of their portfolio | 858.0k $95.6m | Reduced -30.3k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.16% of their portfolio | 838.2k $93.4m | Reduced -190.1k |
| North of South Capital LLP 7.40% of their portfolio | 739.3k $82.4m | Added +313.3k |
| APPALOOSA LP 1.30% of their portfolio | 692.1k $77.1m | Added +117.1k |
| TT International Asset Management LTD 7.63% of their portfolio | 627.6k $69.9m | Added +368.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 567.8k $63.3m | Reduced -101.8k |
| Amova Asset Management Americas, Inc. 0.89% of their portfolio | 567.8k $63.3m | Reduced -99.9k |
| FMR LLC 0.00% of their portfolio | 559.2k $62.3m | Reduced -155.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 554.6k $59.1m | Added +484.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 550.9k $62.2m | Reduced -29.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 547.3k $61.0m | Reduced -877.9k |
| DNB Asset Management AS 0.21% of their portfolio | 540.8k $60.3m | Added +88.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 470.1k $52.4m | Added +260.9k |
| WCM INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 454.3k $48.4m | Added +411.7k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.29% of their portfolio | 443.8k $49.4m | Added +128.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 419.8k $46.8m | Added +359.3k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 402.6k $44.9m | Reduced -262.9k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 397.6k $44.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 394.0k $43.9m | Added +272.4k |
| SG Americas Securities, LLC 0.05% of their portfolio | 385.3k $42.9m | Added +21.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 376.2k $41.9m | Reduced -568.1k |
| Portolan Capital Management, LLC 2.17% of their portfolio | 366.4k $40.8m | Added +102.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 356.6k $39.7m | Reduced -530.1k |
| Rheos Capital Works Inc. 2.62% of their portfolio | 352.0k $39.2m | Unchanged |
| Penserra Capital Management LLC 0.44% of their portfolio | 333.8k $37.2m | Added +16.9k |
| Defiance ETFs, LLC 0.53% of their portfolio | 333.7k $37.2m | Added +16.9k |
| CITIGROUP INC 0.02% of their portfolio | 314.9k $35.1m | Added +52.8k |
| BARCLAYS PLC 0.01% of their portfolio | 306.0k $34.1m | Reduced -70.9k |
| Clark Capital Management Group, Inc. 0.21% of their portfolio | 301.6k $33.6m | New |
| Alyeska Investment Group, L.P. 0.09% of their portfolio | 296.5k $33.0m | Added +157.1k |
| Polunin Capital Partners Ltd 8.33% of their portfolio | 288.4k $32.1m | Reduced -125.1k |
| DekaBank Deutsche Girozentrale 0.05% of their portfolio | 286.8k $31.1m | Unchanged |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 286.1k $31.9m | Added +31.5k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 285.1k $31.8m | Added +33.0k |
| Legal & General Group Plc 0.01% of their portfolio | 268.0k $29.9m | Reduced -4.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 265.6k $29.6m | Reduced -10.4k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 249.4k $27.8m | Reduced -286.2k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 238.3k $26.5m | Reduced -9.9k |
| Contrarius Group Holdings Ltd 1.45% of their portfolio | 230.2k $25.6m | Reduced -100.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 211.5k $22.9m | Reduced -81.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 208.7k $23.3m | Added +205.3k |
| Mariner, LLC 0.03% of their portfolio | 198.1k $22.1m | Reduced -99 |
| Orbis Allan Gray Ltd 0.09% of their portfolio | 190.7k $21.2m | Reduced -64.0k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 180.4k $20.1m | Added +163.6k |
| FIL Ltd 0.01% of their portfolio | 166.1k $18.5m | Reduced -52.5k |
| Capital Wealth Planning, LLC 0.10% of their portfolio | 164.1k $18.3m | Added +110.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 163.6k $18.2m | Added +45.0k |
| Holocene Advisors, LP 0.04% of their portfolio | 163.4k $18.2m | New |
| Long Focus Capital Management, LLC 0.78% of their portfolio | 159.8k $17.8m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 158.5k $17.7m | Added +130.8k |
| Invesco Ltd. 0.00% of their portfolio | 145.7k $16.2m | Reduced -19.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 136.4k $15.2m | Added +89.6k |
| M&G PLC 0.07% of their portfolio | 126.4k $14.0m | Added +38.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 121.0k $13.5m | Added +109.2k |
| SIH Partners, LLLP 0.41% of their portfolio | 119.4k $13.3m | Reduced -207.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 118.3k $13.2m | Added +77.7k |
| LPL Financial LLC 0.00% of their portfolio | 118.1k $13.2m | Added +12.2k |
| Handelsbanken Fonder AB 0.04% of their portfolio | 117.0k $13.0m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 115.9k $12.9m | Reduced -15.3k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 113.1k $12.6m | Added +24.8k |
| J. Goldman & Co LP 0.56% of their portfolio | 108.8k $12.1m | Added +38.9k |
| Creative Planning 0.01% of their portfolio | 106.9k $11.9m | Added +13.2k |
| Quaker Capital Investments, LLC 2.89% of their portfolio | 106.1k $11.8m | Reduced -5.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 105.4k $11.7m | Added +86.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 105.0k $11.7m | Reduced -53.6k |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 3.19% of their portfolio | 102.1k $11.4m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 102.1k $11.4m | Added +8.5k |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 98.6k $11.0m | Added +97.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 94.4k $10.5m | Reduced -7.9k |
| Maytus Capital Management, LLC 1.77% of their portfolio | 89.4k $10.0m | Added +51.4k |
| ExodusPoint Capital Management, LP 0.10% of their portfolio | 86.9k $9.7m | New |
| STATE STREET CORP 0.00% of their portfolio | 86.5k $9.6m | Reduced -511 |
| Clearline Capital LP 0.74% of their portfolio | 85.2k $9.5m | Unchanged |
| PEAK6 LLC 0.27% of their portfolio | 85.1k $9.5m | Added +42.7k |
| Elo Mutual Pension Insurance Co 0.15% of their portfolio | 84.2k $9.4m | Unchanged |
| Nishkama Capital, LLC 1.33% of their portfolio | 83.8k $9.3m | New |
| Amundi 0.00% of their portfolio | 80.0k $8.9m | Added +74.0k |
| OPTIMAS CAPITAL Ltd 19.29% of their portfolio | 77.1k $8.6m | Added +50.7k |
| HRT FINANCIAL LP 0.03% of their portfolio | 76.4k $8.5m | Added +57.4k |
| Maxi Investments CY Ltd 1.77% of their portfolio | 72.9k $8.1m | Added +31.6k |
| Vontobel Holding Ltd. 0.03% of their portfolio | 70.2k $7.8m | Added +30.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 66.3k $7.4m | Added +797 |
| CMT Capital Markets Trading GmbH 3.34% of their portfolio | 65.2k $7.3m | Added +62.0k |
| AI-Squared Management Ltd 5.23% of their portfolio | 64.6k $7.2m | Reduced -32.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 64.2k $7.2m | Reduced -63.8k |
| Weiss Asset Management LP 0.13% of their portfolio | 64.0k $7.1m | Not comparable |
| Optiver Holding B.V. 0.25% of their portfolio | 63.2k $6.7m | Added +36.3k |
| Leonteq Securities AG 0.41% of their portfolio | 61.0k $6.8m | Added +32.5k |
| Monaco Asset Management SAM 1.98% of their portfolio | 56.0k $6.2m | Reduced -51.5k |