Contrarius Group Holdings Ltd increased its stake in Baidu by 743,205 shares, raising its position value by approximately $104.77 million, representing a 4.41 percentage point change in reportable assets under management. The post-trade stake now stands at 891,749 shares, valued at $117.51 million as of November 12, 2025.

The filing with the U.S. Securities and Exchange Commission on November 12, 2025, revealed Contrarius’s significant increase in Baidu stake during the third quarter. The fund now holds 891,749 shares, up from 148,544 shares in the previous quarter, with a value of $117.51 million. Baidu’s stock price was $131.95 on November 11, 2025, down 8.9% from the 52-week high.

Contrarius’s acquisition of Baidu shares is one of its notable acquisitions in the third quarter of 2025. The fund’s 500% increase in Baidu shares makes it the fifth-largest holding, reflecting a preference for tech sector stocks and potentially higher comfort with Chinese stocks. Despite temporary profitability challenges, Baidu has the potential to deliver gains for the fund.

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Read more at Nasdaq: Contrarius Loads Up On Baidu Stock With Over 743,000 Shares Bought