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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
Rehmann Capital Advisory Group28,230$1.03M0.05%−417−1.5%Reduced
Mercer Global Advisors Inc28,276$1.03M0.00%+2,591+10.1%Added
Bank of Nova Scotia29,311$1.07M0.00%−2,305−7.3%Reduced
XTX Topco Ltd29,638$1.08M0.03%−6,345−17.6%Reduced
State of Wyoming29,652$1.08M0.12%−240−0.8%Reduced
Nisa Investment Advisors, LLC29,982$1.10M0.00%+594+2.0%Added
Aaron Wealth Advisors30,030$1.10M0.06%+8,324+38.3%Added
Militia Capital Partners, LP30,244$1.11M0.42%+16,200+115.4%Added
Hamilton Capital Partners Inc.30,268$1.11M0.04%00.0%Unchanged
Advisor Group Holdings, Inc.30,539$1.12M0.00%−5,308−14.8%Reduced
Integrated Quantitative Investments LLC30,794$1.13M0.24%−1,972−6.0%Reduced
Miller Global Investments, LLC31,294$1.14M1.04%+31,294New
Matrix Trust Co31,490$1.15M0.19%+2,984+10.5%Added
Kovitz Investment Group Partners, LLC31,513$1.15M0.03%+906+3.0%Added
Ballentine Partners, LLC32,287$1.18M0.02%+99+0.3%Added
Aubrey Capital Management Ltd32,345$1.18M0.46%+1,608+5.2%Added
Regions Financial Corp32,333$1.18M0.01%+214+0.7%Added
Y-Intercept (Hong Kong) Ltd33,404$1.22M0.03%+33,404New
Ritholtz Wealth Management35,121$1.28M0.02%+4,841+16.0%Added
Summit Global Investments35,323$1.29M0.08%−20,468−36.7%Reduced
Eurizon SLJ Capital Ltd37,310$1.36M0.54%+37,310New
Sit Investment Associates Inc37,650$1.38M0.03%00.0%Unchanged
PDS Planning, Inc37,993$1.39M0.09%+669+1.8%Added
Jane Street Group, LLC38,020$1.39M0.00%−998,300−96.3%Reduced
Park Avenue Securities LLC38,613$1.41M0.01%−8,412−17.9%Reduced
Prime Capital Investment Advisors, LLC38,953$1.42M0.02%+163+0.4%Added
Bennbridge Ltd39,400$1.44M1.12%−56,163−58.8%Reduced
Handelsbanken Fonder AB39,815$1.46M0.00%+12,315+44.8%Added
Union Bancaire Privee, UBP SA40,652$1.48M0.02%+4,636+12.9%Added
Calamos Advisors LLC40,544$1.48M0.01%−520−1.3%Reduced
Natural Investments, LLC41,237$1.51M0.37%+2,299+5.9%Added
Castleark Management LLC41,260$1.51M0.04%00.0%Unchanged
Capital International Sarl41,648$1.52M0.02%00.0%Unchanged
Leonteq Securities AG41,751$1.53M0.08%−8,171−16.4%Reduced
Clough Capital Partners L P42,930$1.57M0.14%−48,468−53.0%Reduced
QRG Capital Management, Inc.43,786$1.60M0.02%+2,053+4.9%Added
Rockefeller Capital Management L.P.44,117$1.61M0.00%−66,021−59.9%Reduced
Federated Hermes, Inc.44,164$1.61M0.00%−40,679−47.9%Reduced
Pinnacle Financial Partners, Inc.44,359$1.62M0.01%+44,359New
Signaturefd, LLC44,652$1.63M0.02%−114−0.3%Reduced
Empowered Funds, LLC45,639$1.67M0.03%+45,639New
Deltec Asset Management LLC47,200$1.72M0.29%−1,000−2.1%Reduced
Figure 8 Investment Strategies LLC48,510$1.77M1.58%+400+0.8%Added
Exencial Wealth Advisors, LLC48,555$1.77M0.06%+2,301+5.0%Added
RSM US Wealth Management LLC49,097$1.79M0.02%−12,471−20.3%Reduced
West Family Investments, Inc.49,139$1.80M0.42%−2,279−4.4%Reduced
PCM Encore, LLC49,941$1.82M0.39%+49,941New
L & S Advisors Inc50,086$1.83M0.17%+1,161+2.4%Added
Winton Group Ltd50,700$1.85M0.06%00.0%Unchanged
Sarasin & Partners LLP50,732$1.85M0.02%−5,678−10.1%Reduced
Old Mission Capital LLC50,982$1.86M0.07%+50,982New
Cloverfields Capital Group, LP51,601$1.89M0.58%+614+1.2%Added
CAPROCK Group, Inc.52,298$1.91M0.04%+25,414+94.5%Added
NewEdge Wealth, LLC53,397$1.95M0.02%+3,304+6.6%Added
London & Capital Asset Management Ltd53,504$1.95M0.02%+53,504New
Simplex Trading, LLC55,130$2.01M0.06%+55,130New
Factorial Management Ltd56,260$2.06M42.47%00.0%Unchanged
Banque Cantonale Vaudoise56,292$2.06M0.07%00.0%Unchanged
Sanctuary Advisors, LLC59,761$2.18M0.01%+7,583+14.5%Added
La Banque Postale Asset Management SA60,000$2.19M0.03%00.0%Unchanged
Triglav Skladi, D.O.O.60,770$2.22M0.14%+11,770+24.0%Added
Naples Global Advisors, LLC60,848$2.22M0.17%+275+0.5%Added
UBS Asset Management Americas Inc61,044$2.23M0.00%−7,883,359−99.2%Reduced
Atomi Financial Group, Inc.61,089$2.23M0.07%+6,034+11.0%Added
Legacy Wealth Asset Management, LLC61,527$2.25M0.55%+263+0.4%Added
Truist Financial Corp61,697$2.25M0.00%−5,759−8.5%Reduced
CI Private Wealth, LLC64,129$2.34M0.00%+2,089+3.4%Added
Walleye Trading LLC64,521$2.36M0.04%−230,723−78.1%Reduced
Walleye Capital LLC66,173$2.42M0.01%+62,488+1,695.7%Added
Brevan Howard Capital Management LP66,616$2.43M0.05%−2,256−3.3%Reduced
GWM Advisors LLC67,435$2.46M0.01%+829+1.2%Added
Lansforsakringar Fondforvaltning AB (publ)67,904$2.48M0.01%+4,318+6.8%Added
Naviter Wealth, LLC69,184$2.53M0.33%−15,083−17.9%Reduced
PEAK6 LLC69,198$2.53M0.07%−50,856−42.4%Reduced
Stamos Capital Partners, L.P.69,270$2.53M0.41%−8,172−10.6%Reduced
Tobam69,316$2.53M0.62%+481+0.7%Added
Atria Investments LLC69,337$2.53M0.03%−4,652−6.3%Reduced
Keybank National Association69,699$2.55M0.01%−1,021−1.4%Reduced
Longfellow Investment Management Co LLC70,360$2.57M0.58%−4,056−5.5%Reduced
GAM Holding AG70,457$2.57M0.16%−44,677−38.8%Reduced
National Bank of Canada71,071$2.60M0.00%−469,527−86.9%Reduced
Diversified Trust Co71,565$2.61M0.05%+24,143+50.9%Added
Advisors Asset Management, Inc.72,734$2.66M0.04%+3,463+5.0%Added
Sequoia Financial Advisors, LLC74,198$2.71M0.02%+345+0.5%Added
Susquehanna International Group, LLP75,536$2.76M0.00%+62,310+471.1%Added
Ronald Blue Trust, Inc.77,603$2.84M0.03%−616−0.8%Reduced
Henry James International Management, Inc.83,354$3.05M0.96%−132−0.2%Reduced
Prudential Financial Inc83,616$3.05M0.00%−6,300−7.0%Reduced
Ieq Capital, LLC83,698$3.06M0.01%+12,562+17.7%Added
NLB Skladi, upravljanje premozenja, d.o.o.85,065$3.11M0.14%+85,065New
Daiwa Securities Group Inc.86,274$3.15M0.01%+7,394+9.4%Added
Brandes Investment Partners, LP90,397$3.30M0.03%−12,063−11.8%Reduced
Madison Asset Management, LLC91,380$3.34M0.04%−3,670−3.9%Reduced
Guggenheim Capital LLC91,693$3.35M0.02%+1,573+1.7%Added
Virtus ETF Advisers LLC93,098$3.40M1.61%−1,610−1.7%Reduced
First Trust Advisors LP94,099$3.44M0.00%−12,102−11.4%Reduced
MML Investors Services, LLC95,029$3.47M0.01%+3,783+4.1%Added
Explore Capital Management, LLC97,060$3.55M2.94%−201,800−67.5%Reduced
Aviva PLC99,535$3.64M0.01%−757−0.8%Reduced
Northwest & Ethical Investments L.P.99,602$3.64M0.08%+21,468+27.5%Added