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HDFC Bank Ltd

HDB
Exchange
NYSE
Industry
Commercial Banks, NEC
SEC CIK
0001144967

No open-market purchases or sales by HDFC Bank Ltd insiders were filed in the last 90 days; 555 institutions reported holding it in 13F filings for Q2 2026, worth $16.7B in total; superinvestors Elliott Investment Management and Southeastern Asset Management (Longleaf) hold it.

13F holders, Q4 2025

Institutional positions in HDFC Bank Ltd as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
661
+35 vs. Q3 2025
Shares held
666.6M
−2.23M (−0.3%) vs. Q3 2025
Total value
$24.3B
+$1.44B (+6.3%) vs. Q3 2025
New holders
92
247 more added
Sold out
57
224 more reduced

12 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HDB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 661 institutions
Q1 2021: 517 institutionsQ2 2021: 525 institutionsQ3 2021: 515 institutionsQ4 2021: 509 institutionsQ1 2022: 521 institutionsQ2 2022: 479 institutionsQ3 2022: 481 institutionsQ4 2022: 512 institutionsQ1 2023: 523 institutionsQ2 2023: 538 institutionsQ3 2023: 533 institutionsQ4 2023: 561 institutionsQ1 2024: 568 institutionsQ2 2024: 572 institutionsQ3 2024: 601 institutionsQ4 2024: 635 institutionsQ1 2025: 630 institutionsQ2 2025: 642 institutionsQ3 2025: 638 institutionsQ4 2025: 661 institutionsQ1 2026: 604 institutionsQ2 2026: 555 institutions
Value heldQ4 2025: $24.3B
Q1 2021: $27.6BQ2 2021: $23.6BQ3 2021: $23.2BQ4 2021: $20.5BQ1 2022: $19.5BQ2 2022: $17.6BQ3 2022: $18.9BQ4 2022: $22.4BQ1 2023: $21.9BQ2 2023: $22.4BQ3 2023: $19.1BQ4 2023: $22.2BQ1 2024: $18.5BQ2 2024: $21.3BQ3 2024: $21.1BQ4 2024: $22.0BQ1 2025: $23.3BQ2 2025: $26.3BQ3 2025: $23.1BQ4 2025: $24.3BQ1 2026: $16.0BQ2 2026: $16.7B
Institutions holding HDB and their total value by quarter
QuarterHoldersValue
Q2 2026555$16.7B
Q1 2026604$16.0B
Q4 2025661$24.3B
Q3 2025638$23.1B
Q2 2025642$26.3B
Q1 2025630$23.3B
Q4 2024635$22.0B
Q3 2024601$21.1B
Q2 2024572$21.3B
Q1 2024568$18.5B
Q4 2023561$22.2B
Q3 2023533$19.1B
Q2 2023538$22.4B
Q1 2023523$21.9B
Q4 2022512$22.4B
Q3 2022481$18.9B
Q2 2022479$17.6B
Q1 2022521$19.5B
Q4 2021509$20.5B
Q3 2021515$23.2B
Q2 2021525$23.6B
Q1 2021517$27.6B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding HDFC Bank Ltd; share changes are against Q3 2025.

Institutions holding HDB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
GQG Partners LLC52,962,709$1.94B3.19%+777,977+1.5%Added
Royal Bank of Canada39,897,767$1.46B0.26%+9,451,992+31.0%Added
Schroder Investment Management Group26,264,726$959.7M0.73%+1,043,596+4.1%Added
Harding Loevner LP25,187,687$920.3M8.10%−1,890,927−7.0%Reduced
FIL Ltd23,312,525$851.8M0.64%−1,152,590−4.7%Reduced
Morgan Stanley21,690,727$792.6M0.05%−554,085−2.5%Reduced
JPMorgan Chase & Co20,504,634$749.2M0.05%+1,299,851+6.8%Added
Franklin Resources Inc13,295,052$485.8M0.12%−589,891−4.2%Reduced
FMR LLC12,860,281$469.9M0.02%−3,034,750−19.1%Reduced
Lazard Asset Management LLC12,478,341$456.0M0.77%+1,001,578+8.7%Added
Robeco Institutional Asset Management B.V.12,392,854$452.8M0.64%+791,226+6.8%Added
Invesco Ltd.12,196,148$445.6M0.04%−141,858−1.1%Reduced
Brown Advisory Inc11,929,832$435.9M0.61%−33,916−0.3%Reduced
Fisher Asset Management, LLC11,850,762$433.0M0.15%+2,678,068+29.2%Added
Wellington Management Group LLP11,426,671$417.5M0.07%−1,728,525−13.1%Reduced
Temasek Holdings (Private) Ltd10,873,380$397.3M1.28%00.0%Unchanged
Massachusetts Financial Services Co10,266,396$375.1M0.12%+57,362+0.6%Added
Fiera Capital Corp8,514,965$311.1M0.99%−706,391−7.7%Reduced
StonePine Asset Management Inc.8,315,726$303.9M1.89%+151,992+1.9%Added
C WorldWide Group Holding A/S7,505,340$274.2M4.79%−1,857,488−19.8%Reduced
Bank of America Corp7,498,180$274.0M0.02%+1,134,255+17.8%Added
Kontiki Capital Management (HK) Ltd.7,362,626$269.0M15.64%−56,517−0.8%Reduced
M&G Plc6,804,212$251.8M1.29%−167,265−2.4%Reduced
Boston Partners6,520,680$238.2M0.25%+2,449,833+60.2%Added
SEI Investments Co6,472,154$236.5M0.23%+1,313,091+25.5%Added
BlackRock, Inc.6,464,490$236.2M0.00%+926,774+16.7%Added
Sands Capital Management, LLC6,117,362$223.5M0.68%−73,426−1.2%Reduced
Trinity Street Asset Management LLP6,067,000$221.7M13.93%−66,600−1.1%Reduced
Baillie Gifford & Co5,746,819$210.0M0.17%−1,059,999−15.6%Reduced
1832 Asset Management L.P.5,730,427$209.4M0.27%+3,517,321+158.9%Added
Sustainable Growth Advisers, LP5,710,975$208.7M1.45%−5,203,982−47.7%Reduced
Dodge & Cox5,501,800$201.0M0.11%−713,000−11.5%Reduced
Ameriprise Financial Inc5,380,545$197.0M0.04%−684,288−11.3%Reduced
Clearbridge Investments, LLC5,341,338$195.2M0.16%−68,541−1.3%Reduced
Natixis Advisors, L.P.5,179,690$189.3M0.27%+180,884+3.6%Added
Altrinsic Global Advisors LLC5,092,589$186.1M6.67%−243,182−4.6%Reduced
Russell Investments Group, Ltd.5,054,351$184.7M0.20%−340,529−6.3%Reduced
Northcape Capital Pty Ltd5,695,395$184.2M21.25%+431,952+8.2%Added
Bank of New York Mellon Corp4,736,584$173.1M0.03%+281,435+6.3%Added
Aikya Investment Management Ltd4,729,768$172.8M39.19%+400,973+9.3%Added
Royal London Asset Management Ltd4,709,766$172.1M0.36%−106,335−2.2%Reduced
Capital Research Global Investors4,627,387$169.1M0.03%+7,543+0.2%Added
Man Group plc4,550,345$166.3M0.32%+4,514,559+12,615.4%Added
Hardman Johnston Global Advisors LLC4,428,563$161.8M7.71%+158,881+3.7%Added
CCLA Investment Management Ltd4,286,185$156.6M2.51%−66,265−1.5%Reduced
Capital World Investors4,248,902$155.2M0.02%+22,252+0.5%Added
Connor, Clark & Lunn Investment Management Ltd.3,836,544$140.2M0.37%+1,404,813+57.8%Added
PGGM Investments3,799,908$138.8M2.20%00.0%Unchanged
UBS Group AG3,799,629$138.8M0.03%+11,679+0.3%Added
Driehaus Capital Management LLC3,722,331$136.0M0.92%+516,986+16.1%Added
Artisan Partners Limited Partnership3,682,047$134.5M0.21%−681,809−15.6%Reduced
Bessemer Group Inc3,520,543$128.6M0.20%+536,439+18.0%Added
Sumitomo Mitsui Trust Holdings, Inc.3,219,373$117.6M0.07%−17,146−0.5%Reduced
Mawer Investment Management Ltd.3,187,295$116.5M0.65%+218,865+7.4%Added
State Street Corp3,117,515$113.9M0.00%+37,960+1.2%Added
Dimensional Fund Advisors LP2,898,433$105.9M0.02%+2,171+0.1%Added
Steadfast Capital Management LP2,842,300$103.9M1.82%+399,900+16.4%Added
CIBC Private Wealth Group, LLC2,671,173$97.6M0.16%+100,049+3.9%Added
Earnest Partners LLC2,621,555$95.8M0.41%+227,989+9.5%Added
Baird Financial Group, Inc.2,587,809$94.6M0.15%+179,841+7.5%Added
Rathbone Brothers plc2,585,814$94.5M0.37%+95,284+3.8%Added
Nuveen, LLC2,569,478$93.9M0.02%−148,994−5.5%Reduced
State of New Jersey Common Pension Fund D2,384,413$87.1M0.31%+15,106+0.6%Added
American Century Companies Inc2,300,827$84.1M0.04%−1,249,915−35.2%Reduced
Perpetual Ltd2,229,755$81.5M1.18%+2,791+0.1%Added
Charles-Lim Capital Ltd2,225,000$81.3M22.05%+225,000+11.3%Added
Allspring Global Investments Holdings, LLC2,204,370$80.4M0.13%−80,134−3.5%Reduced
HSBC Holdings PLC1,995,133$77.9M0.04%−973,388−32.8%Reduced
Intermede Investment Partners Ltd1,953,685$71.4M2.93%−1,373−0.1%Reduced
Mackenzie Financial Corp1,954,635$71.1M0.08%+114,877+6.2%Added
Public Employees Retirement System of Ohio1,873,530$68.5M0.21%+170,143+10.0%Added
DJE Kapital AG1,692,753$62.0M1.71%+326,261+23.9%Added
Impax Asset Management Group plc1,695,445$62.0M0.39%+8,065+0.5%Added
Northern Trust Corp1,693,980$61.9M0.01%−48,843−2.8%Reduced
Flossbach Von Storch AG1,656,810$60.5M0.24%−326,000−16.4%Reduced
Standard Life Aberdeen plc1,517,149$55.4M0.09%+396,336+35.4%Added
HGK Asset Management Inc1,495,000$54.6M8.09%−11,200−0.7%Reduced
Ninety One UK Ltd1,492,417$54.5M0.12%+93,180+6.7%Added
Ci Investments Inc.1,474,680$53.9M0.24%+867,928+143.0%Added
Omers Administration Corp1,474,036$53.9M0.38%00.0%Unchanged
Envestnet Asset Management Inc1,453,945$53.1M0.02%−561,352−27.9%Reduced
Janus Henderson Group PLC1,448,107$52.9M0.02%−920,868−38.9%Reduced
Milestone Resources Group Ltd1,369,248$50.0M2.45%00.0%Unchanged
Mondrian Investment Partners LTD1,365,044$49.9M0.82%+406,026+42.3%Added
Public Employees Retirement Association of Colorado1,288,840$47.1M0.17%00.0%Unchanged
Citadel Advisors LLC1,257,997$46.0M0.03%+531,055+73.1%Added
Formuepleje A/S1,253,071$45.8M2.73%−201,893−13.9%Reduced
Goldman Sachs Group Inc1,226,678$44.8M0.01%−321,119−20.7%Reduced
Pinebridge Investments LLC1,197,800$43.8M0.32%+1,197,800New
Meitav Dash Investments Ltd1,150,000$42.0M0.50%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.1,139,300$41.6M0.12%+17,517+1.6%Added
Valiant Capital Management, L.P.1,122,032$41.0M3.45%+60,636+5.7%Added
Legal & General Group Plc1,097,416$40.1M0.01%−145,142−11.7%Reduced
New York State Common Retirement Fund1,082,116$39.5M0.05%+622,268+135.3%Added
ARGA Investment Management, LP1,053,708$38.5M1.05%00.0%Unchanged
Price T Rowe Associates Inc1,047,088$38.3M0.00%−78,867−7.0%Reduced
Deutsche Bank AG1,033,689$37.8M0.01%+153,335+17.4%Added
Marathon Asset Mgmt Ltd973,218$35.6M1.37%+94,280+10.7%Added
Allianz Asset Management GmbH954,255$34.9M0.04%+549,601+135.8%Added
NS Partners Ltd948,978$34.7M1.36%+225,500+31.2%Added