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Institutional Ownership · SEC Form 13F

Who owns HDFC Bank (HDB)


Which tracked institutional funds hold HDB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HDB company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

524
Institutional holders
615M
Shares held (tracked funds)
8.0%
Of shares outstanding

How the tape is positioned

166 tracked funds added or opened HDB while 187 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

HDB’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes HDB more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in HDB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 524 tracked filers holding HDB, 229 increased or opened the position and 364 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in HDB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 22

  • Black Creek Investment Management Inc.$102M
  • North of South Capital LLP$41M
  • Theleme Partners LLP$40M
  • Nykredit A/S$28M
  • ALGEBRIS (UK) LTD$23M
  • CLOUGH CAPITAL PARTNERS L P$20M

Full exits 74

  • GQG Partners LLC$848M
  • C WorldWide Group Holding A/S$182M
  • PGGM Investments$106M
  • NATIXIS ADVISORS, LLC$105M
  • SG Americas Securities, LLC$48M
  • Intermede Investment Partners Ltd$47M

Largest adds

  • MORGAN STANLEY$610M
  • Orbis Allan Gray Ltd$200M
  • UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$187M
  • BANK OF AMERICA CORP /DE/$183M
  • D. E. Shaw & Co., Inc.$157M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$97M

Largest trims

  • PRINCIPAL FINANCIAL GROUP INC$408M
  • Man Group plc$191M
  • Harding Loevner LP$83M
  • JANE STREET GROUP, LLC$73M
  • OMERS ADMINISTRATION Corp$71M
  • CITADEL ADVISORS LLC$65M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
MORGAN STANLEY added53,273,199$1.4B9.4%2026-Q2
ROYAL BANK OF CANADA added43,203,355$1.1B7.6%2026-Q2
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed21,792,768$565M3.9%2026-Q2
JPMORGAN CHASE & CO added19,095,182$495M3.4%2026-Q2
BANK OF AMERICA CORP /DE/ added17,251,650$446M3.1%2026-Q2
FIL Ltd added16,777,372$433M3.0%2026-Q2
Temasek Holdings (Private) Ltd added15,305,232$395M2.7%2026-Q2
Robeco Institutional Asset Management B.V. added14,693,252$380M2.6%2026-Q2
Fisher Asset Management, LLC trimmed11,669,910$301M2.1%2026-Q2
LAZARD ASSET MANAGEMENT LLC added11,419,324$295M2.0%2026-Q2
BROWN ADVISORY INC added11,296,194$292M2.0%2026-Q2
Harding Loevner LP trimmed11,208,475$287M2.0%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP trimmed10,250,577$265M1.8%2026-Q2
Invesco Ltd. trimmed9,866,409$255M1.7%2026-Q2
Orbis Allan Gray Ltd added9,446,886$244M1.7%2026-Q2
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed9,435,117$284M1.9%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. added8,854,839$229M1.6%2026-Q2
Kontiki Capital Management (HK) Ltd. added8,424,500$218M1.5%2026-Q2
D. E. Shaw & Co., Inc. added8,422,200$218M1.5%2026-Q2
Boston Partners added8,299,403$214M1.5%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added7,511,024$194M1.3%2026-Q2
FRANKLIN RESOURCES INC trimmed7,327,488$189M1.3%2026-Q2
DODGE & COX added6,678,700$173M1.2%2026-Q2
Trinity Street Asset Management LLP trimmed6,493,800$168M1.1%2026-Q2
M&G PLC trimmed6,490,200$169M1.2%2026-Q2
BAILLIE GIFFORD & CO trimmed6,388,689$165M1.1%2026-Q2
SEI INVESTMENTS CO added6,155,919$159M1.1%2026-Q2
ALTRINSIC GLOBAL ADVISORS LLC trimmed5,856,969$151M1.0%2026-Q2
1832 Asset Management L.P. added5,764,443$149M1.0%2026-Q2
Bank of New York Mellon Corp added5,512,773$142M1.0%2026-Q2
TWO SIGMA INVESTMENTS, LP added5,359,127$138M0.9%2026-Q2
FMR LLC trimmed5,312,554$137M0.9%2026-Q2
MILLENNIUM MANAGEMENT LLC added5,056,263$131M0.9%2026-Q2
Northcape Capital Pty Ltd added4,978,603$129M0.9%2026-Q2
Westwood Global Investments, LLC added4,490,900$116M0.8%2026-Q2
Clearbridge Investments, LLC added4,444,517$115M0.8%2026-Q2
PineStone Asset Management Inc. added4,379,846$113M0.8%2026-Q2
JONES FINANCIAL COMPANIES LLLP trimmed4,305,287$111M0.8%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added4,274,235$110M0.8%2026-Q2
BlackRock, Inc. trimmed4,165,128$108M0.7%2026-Q2
Aikya Investment Management Ltd trimmed4,081,592$105M0.7%2026-Q2
Black Creek Investment Management Inc. new3,948,039$102M0.7%2026-Q2
NINE MASTS CAPITAL Ltd added3,905,609$101M0.7%2026-Q2
HSBC HOLDINGS PLC added3,848,336$99M0.7%2026-Q2
Sustainable Growth Advisers, LP trimmed3,798,850$98M0.7%2026-Q2
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed3,778,525$98M0.7%2026-Q2
DIMENSIONAL FUND ADVISORS LP added3,533,724$91M0.6%2026-Q2
Russell Investments Group, Ltd. trimmed3,517,136$91M0.6%2026-Q2
Rathbones Group PLC added3,494,492$90M0.6%2026-Q2
GOLDMAN SACHS GROUP INC added3,348,363$86M0.6%2026-Q2
JUPITER ASSET MANAGEMENT LTD trimmed3,220,404$83M0.6%2026-Q2
Mondrian Investment Partners LTD added3,027,118$78M0.5%2026-Q2
Qube Research & Technologies Ltd added3,001,942$78M0.5%2026-Q2
UBS Group AG added2,971,708$77M0.5%2026-Q2
Nuveen, LLC added2,946,545$76M0.5%2026-Q2
Artisan Partners Limited Partnership trimmed2,784,047$72M0.5%2026-Q2
Sumitomo Mitsui Trust Group, Inc. added2,777,795$72M0.5%2026-Q2
MARSHALL WACE, LLP trimmed2,737,128$71M0.5%2026-Q2
Man Group plc trimmed2,728,890$70M0.5%2026-Q2
CIBC Bancorp USA Inc. trimmed2,682,773$69M0.5%2026-Q2
EARNEST PARTNERS LLC added2,631,855$68M0.5%2026-Q2
Mawer Investment Management Ltd. trimmed2,624,709$68M0.5%2026-Q2
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added2,524,344$65M0.4%2026-Q2
State of New Jersey Common Pension Fund D trimmed2,523,596$65M0.4%2026-Q2
BANK OF MONTREAL /CAN/ trimmed2,494,804$64M0.4%2026-Q2
ROYAL LONDON ASSET MANAGEMENT LTD trimmed2,413,642$62M0.4%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added2,396,851$62M0.4%2026-Q2
AMERIPRISE FINANCIAL INC trimmed2,355,879$61M0.4%2026-Q2
STATE STREET CORP trimmed2,315,671$60M0.4%2026-Q2
Allspring Global Investments Holdings, LLC added2,217,663$57M0.4%2026-Q2
L1 Capital Pty Ltd added2,194,495$57M0.4%2026-Q2
Ovata Capital Management Ltd trimmed1,972,276$51M0.3%2026-Q2
HUDSON EDGE INVESTMENT PARTNERS INC. trimmed1,917,400$50M0.3%2026-Q2
Charles-Lim Capital Ltd trimmed1,875,000$48M0.3%2026-Q2
TUDOR INVESTMENT CORP ET AL added1,824,153$47M0.3%2026-Q2
Assenagon Asset Management S.A. added1,746,160$45M0.3%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND trimmed1,688,355$44M0.3%2026-Q2
PZENA INVESTMENT MANAGEMENT LLC added1,613,476$42M0.3%2026-Q2
North of South Capital LLP new1,593,267$41M0.3%2026-Q2
Perpetual Ltd added1,556,670$40M0.3%2026-Q2
Theleme Partners LLP added1,554,554$40M0.3%2026-Q2
PRINCIPAL FINANCIAL GROUP INC trimmed1,530,424$40M0.3%2026-Q2
Fiera Capital Corp trimmed1,388,348$36M0.2%2026-Q2
Aberdeen Group plc trimmed1,356,947$35M0.2%2026-Q2
ARGA Investment Management, LP trimmed1,320,988$34M0.2%2026-Q2
Impax Asset Management Group plc trimmed1,223,482$32M0.2%2026-Q2
Capital Research Global Investors added1,193,249$31M0.2%2026-Q2
Legal & General Group Plc added1,153,820$30M0.2%2026-Q2
MEITAV INVESTMENT HOUSE LTD1,150,000$30M0.2%2026-Q2
NORTHERN TRUST CORP trimmed1,148,737$30M0.2%2026-Q2
Seafarer Capital Partners, LLC1,148,000$30M0.2%2026-Q2
FLOSSBACH VON STORCH SE trimmed1,139,310$29M0.2%2026-Q2
ANTIPODES PARTNERS Ltd added1,138,172$29M0.2%2026-Q2
Jump Financial, LLC added1,112,273$29M0.2%2026-Q2
ENVESTNET ASSET MANAGEMENT INC trimmed1,103,311$28M0.2%2026-Q2
Nykredit A/S new1,098,042$28M0.2%2026-Q2
ABN AMRO INVESTMENT SOLUTIONS trimmed1,097,164$28M0.2%2026-Q2
NS Partners Ltd added1,029,571$27M0.2%2026-Q2
Valiant Capital Management, L.P.1,026,232$27M0.2%2026-Q2
CITADEL ADVISORS LLC trimmed1,013,232$26M0.2%2026-Q2

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership