Ray Dalio's position in Baidu- ADR is currently worth $110 Million. That's 0.61% of their equity portfolio (28th largest holding). The first Baidu- ADR trade was made in Q2 2018. Since then Ray Dalio bought shares eleven more times and sold shares on six occasions. The stake costed the investor $101 Million, netting the investor a gain of 8.4% so far.