Baidu
BIDU
437 hedge funds and large institutions have $34B invested in Baidu in 2013 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 113 increasing their positions, 171 reducing their positions, and 44 closing their positions.
132% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 44
85% more funds holding in top 10
Funds holding in top 10: 26 → 48 (+22)
63% more capital invested
Capital invested by funds: $20.8B → $34B (+$13.2B)
13% more funds holding
Funds holding: 386 → 437 (+51)
4% less call options, than puts
Call options by funds: $1.29B | Put options by funds: $1.34B
34% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 171
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$682M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$598M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$345M |
| 4 |
Coatue Management
New York
|
+$252M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$223M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$489M |
| 2 |
Lazard Asset Management
New York
|
-$420M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$325M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$324M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$261M |
BIDU Hedge Fund Activity: Q3 2013 in Review
437 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Baidu (BIDU) for Q3 2013, worth a combined $34B — up 63% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new BIDU positions and 44 closed out — a net gain of 58 holders — while 113 added to existing stakes and 171 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $682M. The largest seller was Waddell & Reed Financial, cutting an estimated $489M.
- 437 institutional investors held Baidu (BIDU) as of Q3 2013, up from 386 in Q2 2013.
- Funds reported $34B of Baidu stock for Q3 2013, up 63% quarter-over-quarter.
- 102 funds opened new Baidu positions in Q3 2013 and 44 closed out, a net change of +58 holders.
- The largest Baidu buyer in Q3 2013 was Lone Pine Capital, an estimated $682M added.
- The largest Baidu seller in Q3 2013 was Waddell & Reed Financial, an estimated $489M sold.
Based on aggregated 13F filings for Q3 2013.