Baidu shares face stiff competition from a handful of tech giants in the market. These include Alibaba Group Holding Ltd, Tencent Holdings Ltd, Meituan Dianping and ByteDance Ltd. All these companies have established strong footholds in the tech industry and offer services similar to those offered by Baidu. Each of these competitors has the potential to take a huge portion of Baidu's market share, which could significantly affect the company's performance.

In order to remain competitive and stay ahead of its rivals, Baidu must continue to innovate and invest in new technologies that will keep it at the forefront of the industry. While it may be difficult for Baidu to compete with these tech giants, the company is determined to remain a leader in the space and continue to provide quality services for its customers.

According to the latest data, PRIMECAP Management Co. is the biggest shareholder of Baidu stock with a 3.36% stake, owning 9,540,279 shares worth a total value of 1,091,217,112 dollars. Dodge & Cox came in second place with 2.38% stake and 6,743,055 shares worth 771,270,631 dollars. T. Rowe Price Associates, Inc. is in third place with 1.24% stake and 3,521,566 shares of a total value of 402,796,719 dollars. ARGA Investment Management LP rounds out the top four with a 1.09% stake, holding 3,078,803 shares worth 352,153,487 dollars. It's also worth noting that Dodge & Cox purchased 153,610 additional shares since the last update while ARGA Investment Management LP bought 358,213 new shares in the same period.

On the other hand T. Rowe Price Associates Inc. sold 132,212 shares. Overall, it looks like Baidu is in good hands, with some of the leading investment firms in the industry taking a stake. Considering their record of performance and experience in the field, these four companies would have made wise choices when it comes to investing in Baidu stock.

Baidu does not currently offer dividends to shareholders. This means that investors who purchase their shares do not receive any payments from the company's profits. However, the stock has appreciated substantially since its IPO in 2005, so it may still be a good investment for those looking to generate returns from capital appreciation. There is also potential upside as Baidu continues to expand its business in the Chinese market and beyond. Ultimately, Baidu is an interesting investment opportunity for individuals who are willing to take on more risk but potentially benefit from greater rewards.