"According to a filing with the Securities and Exchange Commission (SEC) dated November 13, 2025, Quaker Capital Investments, LLC sold 35,000 shares of Baidu during the third quarter. The value change from the transaction is approximately $2.11 million. The fund's remaining position stands at 111,100 shares, worth $14.64 million as of September 30, 2025. This was a reduction in Baidu holdings, now 3.94% of Quaker Capital's $371.60 million 13F AUM."
"Baidu, Inc. is a leading provider of internet search, digital marketing, and cloud services in China, leveraging a robust technology platform and artificial intelligence capabilities. The company maintains a strong market position through its diversified revenue streams and significant scale, as reflected in its $18.71 billion TTM revenue and $41.02 billion market capitalization. Baidu's integrated approach across search, cloud, and digital entertainment supports its competitive edge in the evolving Chinese internet landscape."
Quaker Capital Investments reduced its Baidu position by 35,000 shares in the third quarter, decreasing exposure by about $2.11 million. The fund held 111,100 Baidu shares worth $14.64 million as of September 30, 2025, representing 3.94% of its $371.60 million 13F AUM. Top Quaker holdings included EQT, SATS, LILAK, UBER, and IHS. Baidu shares were priced at $120.65 on November 13, 2025, up 42.85% over one year and outperforming the S&P 500 by 29.68 percentage points. Baidu generates revenue from online marketing, cloud solutions, and iQIYI, with $18.71 billion TTM revenue and a $41.02 billion market cap.
Read at The Motley Fool
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