18 PRIMECAP Management Baidu Trades
PRIMECAP Management acquired 10.2 Million Baidu shares worth $1.13 Billion. That's 0.84% of their equity portfolio (36th largest holding). The investor owns 3.51% of the outstanding Baidu stock. The first Baidu trade was made in Q4 2019. Since then PRIMECAP Management bought shares ten more times and sold shares on seven occasions. The investor's estimated purchase price is $1.23 Billion, resulting in a loss of 8.4%.
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