SecurityBIDU / Baidu, Inc.
InstitutionBank Of Montreal /can/
Shares264,062
Value $ 58,937,000

Bank Of Montreal /can/ reports 30.08% increase in ownership of BIDU / Baidu, Inc.

April 13, 2018 - Bank Of Montreal /can/ has filed a 13F-HR form disclosing ownership of 264,062 shares of Baidu, Inc. (NASDAQ:BIDU) with total holdings valued at $58,937,000 USD as of March 31, 2018. Bank Of Montreal /can/ had filed a previous 13F-HR on January 16, 2018 disclosing 202,993 shares of Baidu, Inc. at a value of $47,543,000 USD. This represents a change in shares of 30.08 percent and a change in value of 23.97 percent during the quarter.

Other investors with positions similar to Bank Of Montreal /can/ include Babson Capital Management Llc, Parametric Portfolio Associates Llc, State of New Jersey Common Pension Fund D, Korea Investment CORP, Holocene Advisors, Lp, and United Services Automobile Association.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR BAIDU SPON ADR REP A 056752108 228.70 264,062 30.08 58,937 23.97 13,967 -2,573 -5.41
2017-12-31 13F-HR BAIDU SPON ADR REP A 056752108 240.95 202,993 -7.01 47,543 -12.07 -3,687 -2,839 -5.25
2017-09-30 13F-HR BAIDU SPON ADR REP A 056752108 213.27 218,296 6.64 54,069 47.67 2,899 14,556 39.76
2017-06-30 13F-HR BAIDU SPON ADR REP A 056752108 175.69 204,705 -22.41 36,614 -19.55 -10,386 1,487 3.27
2017-03-31 13F-HR BAIDU SPON ADR REP A 056752108 169.73 263,820 29.41 45,513 33.72 10,177 1,301 3.82
2016-12-31 13F-HR BAIDU SPON ADR REP A 056752108 174.51 203,863 6.38 34,035 -2.45 2,133 -2,989 -8.57
2016-09-30 13F-HR *BAIDU SPON ADR REP A 056752108 173.61 191,641 5.20 34,891 15.98 1,645 3,162 10.51
2016-06-30 13F-HR *BAIDU SPON ADR REP A 056752108 178.01 182,165 -13.32 30,084 -25.01 -4,984 -5,048 -12.58
2016-03-31 13F-HR *BAIDU SPON ADR REP A 056752108 189.96 210,164 13.99 40,116 15.10 4,899 363 1.04
2015-12-31 13F-HR *BAIDU SPON ADR REP A 056752108 163.23 184,374 22.55 34,854 68.59 5,537 8,643 41.81
2015-09-30 13F-HR *BAIDU SPON ADR REP A 056752108 168.25 150,454 -27.40 20,674 -49.89 -9,554 -11,030 -26.73
2015-06-30 13F-HR *BAIDU SPON ADR REP A 056752108 203.74 207,239 3.77 41,258 -0.86 1,536 -1,895 -4.55
2015-03-31 13F-HR *BAIDU SPON ADR REP A 056752108 218.18 199,701 8.81 41,617 -0.53 3,527 -3,750 -8.96
2014-12-31 13F-HR *BAIDU SPON ADR REP A 056752108 223.10 183,535 -11.90 41,840 -7.97 -5,528 1,906 4.19
2014-09-30 13F-HR *BAIDU SPON ADR REP A 056752108 202.52 208,314 1.08 45,462 18.08 450 6,512 16.91
2014-06-30 13F-HR *BAIDU SPON ADR REP A 056752108 169.54 206,091 255.13 38,500 335.67 25,102 4,561 51.61
2014-03-31 13F-HR *BAIDU SPON ADR REP A 056752108 58,033 8,837


CUSIP: 056752108