Scout Capital Management’s Baidu BIDU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-900,000	Closed	-$160M	–	5
2013 Q4	$160M	Buy	900,000 +595,000	+195%	+$106M	2.63%	12
2013 Q3	$47.3M	Buy	+305,000	New	+$47.3M	0.96%	26