Punch Card Management’s Baidu BIDU Stock Holding History

Punch Card Management’s Portfolio BIDU Stock Details BIDU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-316,295	Closed	-$40M	–	5
2019 Q4	$40M	Hold	316,295	–	–	16.63%	3
2019 Q3	$32.5M	Hold	316,295	–	–	16.08%	3
2019 Q2	$37.1M	Buy	316,295 +50,000	+19%	+$7.12M	17.71%	3
2019 Q1	$43.9M	Hold	266,295	–	–	20.72%	2
2018 Q4	$42.2M	Buy	266,295 +100,718	+61%	+$18.8M	26.26%	2
2018 Q3	$37.9M	Hold	165,577	–	–	23.29%	2
2018 Q2	$40.2M	Hold	165,577	–	–	26.01%	2
2018 Q1	$37M	Hold	165,577	–	–	23.75%	2
2017 Q4	$38.8M	Hold	165,577	–	–	21.94%	2
2017 Q3	$41M	Sell	165,577 -61,582	-27%	-$13.4M	24.91%	2
2017 Q2	$40.6M	Sell	227,159 -319,020	-58%	-$57.8M	25.81%	2
2017 Q1	$94.2M	Hold	546,179	–	–	45.04%	1
2016 Q4	$89.8M	Hold	546,179	–	–	41.92%	2
2016 Q3	$99.4M	Hold	546,179	–	–	49.82%	1
2016 Q2	$90.2M	Hold	546,179	–	–	47.22%	1
2016 Q1	$104M	Buy	546,179 +194,420	+55%	+$33.1M	50.43%	1
2015 Q4	$66.5M	Hold	351,759	–	–	35.16%	2
2015 Q3	$48.3M	Buy	+351,759	New	+$58M	28.97%	2

Other funds holding BIDU

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

CCM

Causeway Capital Management Los Angeles, California $8.15B AUM 29.28% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Punch Card Management's BIDU Position: Q1 2020 in Review

Punch Card Management sold out of Baidu (BIDU) in Q1 2020, closing a stake of 316,295 shares — an estimated $40M sold.

Punch Card Management first reported a position in BIDU in Q3 2015 and held it in 18 quarters. The position peaked at $104M in Q1 2016. 636 funds tracked by Wall St. Rank hold BIDU as of Q1 2020.

Punch Card Management reported no remaining Baidu position as of Q1 2020 after selling out during the quarter.
Punch Card Management sold 316,295 Baidu shares in Q1 2020, an estimated $40M.
Punch Card Management first reported a position in Baidu in Q3 2015 and held it in 18 quarters.
Punch Card Management's Baidu position peaked at $104M in Q1 2016.
636 funds tracked by Wall St. Rank held Baidu as of Q1 2020.

Based on Punch Card Management's 13F filing for Q1 2020, filed 15 May 2020.