BAIDU INC

Ticker: BIDU CUSIP: 056752108 Class: SPON ADR REP A

Cavalier Investments, LLC's Holding History (CIK: 0001655543)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 3,800 Value ($000) $848 Avg Close — Range —

Q4 2017

Shares 3,800 Value ($000) $890 Avg Close — Range —

Q3 2017

Shares 2,300 Value ($000) $570 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	3,800	$848	—	—
Q4 2017	3,800	$890	—	—
Q3 2017	2,300	$570	—	—