"Black Creek's Baidu holding now accounts for 4.93% of reported U.S. equity AUM, down from 9.60% the previous quarter. Top five positions after the filing: NASDAQ:HOLX: $252.64 million (11.91% of AUM) NYSE:ELAN: $251.40 million (11.85% of AUM) NYSE:BAH: $208.74 million (9.8% of AUM) NASDAQ:PSMT: $206.72 million (9.75% of AUM) NASDAQ:PYPL: $184.63 million (8.71% of AUM) As of November 11, 2025, Baidu shares were priced at $131.95, up 49.47% over the past year and outperforming the S&P 500 by 34.13 percentage points."
"Company Overview Baidu offers online marketing solutions, cloud services, and AI-driven products, with additional revenue from its iQIYI video streaming platform. The company generates revenue primarily through digital advertising, cloud computing services, and paid content subscriptions. Its main customers include businesses seeking digital marketing and cloud solutions, as well as consumers using its search, video, and entertainment platforms in China. Company Snapshot Baidu, Inc. is a leading Chinese technology company specializing in internet search, digital marketing, and cloud-based services."
Black Creek Investment Management sold 998,716 Baidu shares in Q3, reducing the position's value by $49.13 million to 793,718 shares worth $104.59 million at quarter-end. The holding now represents 4.93% of reported U.S. equity AUM, down from 9.60% the prior quarter, and moved outside the fund's top five positions. The fund's largest holdings are HOLX, ELAN, BAH, PSMT, and PYPL. As of November 11, 2025, Baidu traded at $131.95, up 49.47% year-over-year. Baidu's revenue streams include digital advertising, cloud services, AI products, and iQIYI subscriptions.
Read at The Motley Fool
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