"Contrarius Group Holdings Ltd increased its stake in Baidu by 743,205 shares in the third quarter, adding to the position size by an estimated $104.77 million as of the November 12, 2025, SEC filing. What happened According to a filing with the U.S. Securities and Exchange Commission dated November 12, 2025, Contrarius disclosed a significant increase in its stake in Baidu during the third quarter. The fund reported owning 891,749 shares, up from 148,544 shares in the previous quarter, with the position now valued at $117.51 million."
"Top holdings after the filing: NASDAQ:TSLA: $236,911,000 (10.72% of AUM) NASDAQ:WBD: $230,516,000 (10.44% of AUM) NASDAQ:PSKY: $186,673,000 (8.45% of AUM) NASDAQ:FOX: $135,929,000 (6.15% of AUM) NASDAQ: BIDU: $117,505,000 (5.32% of AUM) As of November 11, 2025, shares of Baidu were priced at $131.95, down 8.9% from the 52-week high. Baidu's stock returned 49.47% over the past year, outperforming the S&P 500 by 34.13 percentage points. Company Overview Offers online marketing, cloud services, and AI-driven products through Baidu Core, as well as online video entertainment via iQIYI."
"Generates revenue primarily from digital advertising, cloud computing, and subscription-based content platforms. Serves businesses seeking digital marketing and cloud solutions, and consumers in China accessing search, video, and entertainment content. Company Snapshot Baidu, Inc. is a leading internet technology company in China, recognized for its dominant search engine, diversified cloud offerings, and expanding AI initiatives. The company leverages its strong technological foundation and extensive user base to drive growth across digital advertising, cloud computing, and"
Contrarius Group Holdings increased its Baidu stake by 743,205 shares in Q3, bringing total holdings to 891,749 shares valued at $117.51 million as of the November 12, 2025 SEC filing. The purchase added about $104.77 million to the position and raised Baidu to 5.32% of Contrarius's $2.21 billion in reportable U.S. equity assets, ranking it fifth among holdings. Top positions include TSLA, WBD, PSKY, FOX, and BIDU. Baidu traded at $131.95 on November 11, 2025 and delivered a 49.47% one-year return. Baidu’s revenue sources include digital advertising, cloud services, and subscription content, while AI expansion continues to drive strategy.
Read at The Motley Fool
Unable to calculate read time
Collection
[
|
...
]