Shannon River Fund Management’s Baidu BIDU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-130,000	Closed	-$25.9M	–	32
2015 Q2	$25.9M	Buy	+130,000	New	+$25.9M	2.54%	15
2013 Q4	–	Sell	-120,000	Closed	-$18.6M	–	57
2013 Q3	$18.6M	Buy	+120,000	New	+$18.6M	1.28%	26