Duquesne Family Office Builds Baidu ADR Stake, Appaloosa Adds in Q2
On August 18, Baidu released its latest quarterly earnings. According to 13F filings, two Wall Street investment funds made moves on Baidu in the second quarter of 2026. Duquesne Family Office built a new position of 88,000 Baidu ADRs during the quarter, marking the firm's first return to Chinese stocks since it cleared its Alibaba holdings in the fourth quarter of 2023. Meanwhile, Appaloosa LP increased its Baidu stake by 602,900 ADRs while clearing two other Chinese stocks.
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