22 PRIMECAP Management Baidu Trades
PRIMECAP Management acquired 11.9 Million Baidu shares worth $1.02 Billion. That's 0.75% of their equity portfolio (37th largest holding). The investor owns 3.44% of the outstanding Baidu stock. The first Baidu trade was made in Q4 2019. Since then PRIMECAP Management bought shares twelve more times and sold shares on nine occasions. The investor's estimated purchase price is $1.4 Billion, resulting in a loss of 27%.
News about Baidu Inc - ADR and PRIMECAP Management
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