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.
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.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 53,273,199 | $1.4B | 9.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 43,203,355 | $1.1B | 7.6% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 21,792,768 | $565M | 3.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 19,095,182 | $495M | 3.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 17,251,650 | $446M | 3.1% | 2026-Q2 |
| FIL Ltd added | 16,777,372 | $433M | 3.0% | 2026-Q2 |
| Temasek Holdings (Private) Ltd added | 15,305,232 | $395M | 2.7% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 14,693,252 | $380M | 2.6% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 11,669,910 | $301M | 2.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 11,419,324 | $295M | 2.0% | 2026-Q2 |
| BROWN ADVISORY INC added | 11,296,194 | $292M | 2.0% | 2026-Q2 |
| Harding Loevner LP trimmed | 11,208,475 | $287M | 2.0% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 10,250,577 | $265M | 1.8% | 2026-Q2 |
| Invesco Ltd. trimmed | 9,866,409 | $255M | 1.7% | 2026-Q2 |
| Orbis Allan Gray Ltd added | 9,446,886 | $244M | 1.7% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 9,435,117 | $284M | 1.9% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 8,854,839 | $229M | 1.6% | 2026-Q2 |
| Kontiki Capital Management (HK) Ltd. added | 8,424,500 | $218M | 1.5% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 8,422,200 | $218M | 1.5% | 2026-Q2 |
| Boston Partners added | 8,299,403 | $214M | 1.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 7,511,024 | $194M | 1.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 7,327,488 | $189M | 1.3% | 2026-Q2 |
| DODGE & COX added | 6,678,700 | $173M | 1.2% | 2026-Q2 |
| Trinity Street Asset Management LLP trimmed | 6,493,800 | $168M | 1.1% | 2026-Q2 |
| M&G PLC trimmed | 6,490,200 | $169M | 1.2% | 2026-Q2 |
| BAILLIE GIFFORD & CO trimmed | 6,388,689 | $165M | 1.1% | 2026-Q2 |
| SEI INVESTMENTS CO added | 6,155,919 | $159M | 1.1% | 2026-Q2 |
| ALTRINSIC GLOBAL ADVISORS LLC trimmed | 5,856,969 | $151M | 1.0% | 2026-Q2 |
| 1832 Asset Management L.P. added | 5,764,443 | $149M | 1.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 5,512,773 | $142M | 1.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 5,359,127 | $138M | 0.9% | 2026-Q2 |
| FMR LLC trimmed | 5,312,554 | $137M | 0.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 5,056,263 | $131M | 0.9% | 2026-Q2 |
| Northcape Capital Pty Ltd added | 4,978,603 | $129M | 0.9% | 2026-Q2 |
| Westwood Global Investments, LLC added | 4,490,900 | $116M | 0.8% | 2026-Q2 |
| Clearbridge Investments, LLC added | 4,444,517 | $115M | 0.8% | 2026-Q2 |
| PineStone Asset Management Inc. added | 4,379,846 | $113M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 4,305,287 | $111M | 0.8% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 4,274,235 | $110M | 0.8% | 2026-Q2 |
| BlackRock, Inc. trimmed | 4,165,128 | $108M | 0.7% | 2026-Q2 |
| Aikya Investment Management Ltd trimmed | 4,081,592 | $105M | 0.7% | 2026-Q2 |
| Black Creek Investment Management Inc. new | 3,948,039 | $102M | 0.7% | 2026-Q2 |
| NINE MASTS CAPITAL Ltd added | 3,905,609 | $101M | 0.7% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 3,848,336 | $99M | 0.7% | 2026-Q2 |
| Sustainable Growth Advisers, LP trimmed | 3,798,850 | $98M | 0.7% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 3,778,525 | $98M | 0.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 3,533,724 | $91M | 0.6% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 3,517,136 | $91M | 0.6% | 2026-Q2 |
| Rathbones Group PLC added | 3,494,492 | $90M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,348,363 | $86M | 0.6% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 3,220,404 | $83M | 0.6% | 2026-Q2 |
| Mondrian Investment Partners LTD added | 3,027,118 | $78M | 0.5% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 3,001,942 | $78M | 0.5% | 2026-Q2 |
| UBS Group AG added | 2,971,708 | $77M | 0.5% | 2026-Q2 |
| Nuveen, LLC added | 2,946,545 | $76M | 0.5% | 2026-Q2 |
| Artisan Partners Limited Partnership trimmed | 2,784,047 | $72M | 0.5% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 2,777,795 | $72M | 0.5% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 2,737,128 | $71M | 0.5% | 2026-Q2 |
| Man Group plc trimmed | 2,728,890 | $70M | 0.5% | 2026-Q2 |
| CIBC Bancorp USA Inc. trimmed | 2,682,773 | $69M | 0.5% | 2026-Q2 |
| EARNEST PARTNERS LLC added | 2,631,855 | $68M | 0.5% | 2026-Q2 |
| Mawer Investment Management Ltd. trimmed | 2,624,709 | $68M | 0.5% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 2,524,344 | $65M | 0.4% | 2026-Q2 |
| State of New Jersey Common Pension Fund D trimmed | 2,523,596 | $65M | 0.4% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 2,494,804 | $64M | 0.4% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 2,413,642 | $62M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 2,396,851 | $62M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,355,879 | $61M | 0.4% | 2026-Q2 |
| STATE STREET CORP trimmed | 2,315,671 | $60M | 0.4% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 2,217,663 | $57M | 0.4% | 2026-Q2 |
| L1 Capital Pty Ltd added | 2,194,495 | $57M | 0.4% | 2026-Q2 |
| Ovata Capital Management Ltd trimmed | 1,972,276 | $51M | 0.3% | 2026-Q2 |
| HUDSON EDGE INVESTMENT PARTNERS INC. trimmed | 1,917,400 | $50M | 0.3% | 2026-Q2 |
| Charles-Lim Capital Ltd trimmed | 1,875,000 | $48M | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,824,153 | $47M | 0.3% | 2026-Q2 |
| Assenagon Asset Management S.A. added | 1,746,160 | $45M | 0.3% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 1,688,355 | $44M | 0.3% | 2026-Q2 |
| PZENA INVESTMENT MANAGEMENT LLC added | 1,613,476 | $42M | 0.3% | 2026-Q2 |
| North of South Capital LLP new | 1,593,267 | $41M | 0.3% | 2026-Q2 |
| Perpetual Ltd added | 1,556,670 | $40M | 0.3% | 2026-Q2 |
| Theleme Partners LLP added | 1,554,554 | $40M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 1,530,424 | $40M | 0.3% | 2026-Q2 |
| Fiera Capital Corp trimmed | 1,388,348 | $36M | 0.2% | 2026-Q2 |
| Aberdeen Group plc trimmed | 1,356,947 | $35M | 0.2% | 2026-Q2 |
| ARGA Investment Management, LP trimmed | 1,320,988 | $34M | 0.2% | 2026-Q2 |
| Impax Asset Management Group plc trimmed | 1,223,482 | $32M | 0.2% | 2026-Q2 |
| Capital Research Global Investors added | 1,193,249 | $31M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 1,153,820 | $30M | 0.2% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD | 1,150,000 | $30M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,148,737 | $30M | 0.2% | 2026-Q2 |
| Seafarer Capital Partners, LLC | 1,148,000 | $30M | 0.2% | 2026-Q2 |
| FLOSSBACH VON STORCH SE trimmed | 1,139,310 | $29M | 0.2% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd added | 1,138,172 | $29M | 0.2% | 2026-Q2 |
| Jump Financial, LLC added | 1,112,273 | $29M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,103,311 | $28M | 0.2% | 2026-Q2 |
| Nykredit A/S new | 1,098,042 | $28M | 0.2% | 2026-Q2 |
| ABN AMRO INVESTMENT SOLUTIONS trimmed | 1,097,164 | $28M | 0.2% | 2026-Q2 |
| NS Partners Ltd added | 1,029,571 | $27M | 0.2% | 2026-Q2 |
| Valiant Capital Management, L.P. | 1,026,232 | $27M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 1,013,232 | $26M | 0.2% | 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.
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.