Baidu
BIDU
597 hedge funds and large institutions have $36.5B invested in Baidu in 2016 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 247 increasing their positions, 200 reducing their positions, and 96 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 200
7% less funds holding
Funds holding: 645 → 597 (-48)
12% less capital invested
Capital invested by funds: $41.4B → $36.5B (-$4.87B)
17% less call options, than puts
Call options by funds: $748M | Put options by funds: $896M
17% less funds holding in top 10
Funds holding in top 10: 65 → 54 (-11)
43% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$482M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$458M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$364M |
| 4 |
State Street
Boston,
Massachusetts
|
+$305M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$275M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.32B |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$298M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$246M |
| 4 |
TCI Fund Management
London,
United Kingdom
|
-$228M |
| 5 |
Goldman Sachs
New York
|
-$171M |
BIDU Hedge Fund Activity: Q2 2016 in Review
597 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Baidu (BIDU) for Q2 2016, worth a combined $36.5B — down 12% from $41.4B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of BIDU and 55 opened new positions — a net loss of 41 holders — while 200 trimmed existing stakes and 247 added.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $482M. The largest seller was Capital Research Global Investors, cutting an estimated $1.32B.
- 597 institutional investors held Baidu (BIDU) as of Q2 2016, down from 645 in Q1 2016.
- Funds reported $36.5B of Baidu stock for Q2 2016, down 12% quarter-over-quarter.
- 55 funds opened new Baidu positions in Q2 2016 and 96 closed out, a net change of -41 holders.
- The largest Baidu buyer in Q2 2016 was Causeway Capital Management, an estimated $482M added.
- The largest Baidu seller in Q2 2016 was Capital Research Global Investors, an estimated $1.32B sold.
Based on aggregated 13F filings for Q2 2016.