Contrarius Loads Up On Baidu Stock With Over 743,000 Shares Bought

Baidu now accounts for 5.32% of the fund’s reportable AUM, which makes it the fund's fifth-largest holding.Contrarius Group Holdings Ltd increased its stake in Baidu (BIDU 0.65%) by 743,205 shares in the third quarter, adding to the position size by an estimated $104.77 million as of the November 12, 2025, SEC filing.What happenedAccording to a filing with the U.S. Securities and Exchange Commission dated November 12, 2025, Contrarius disclosed a significant increase in its stake in Baidu during the third q ...