HDFC BANK LTD (HDB) — Institutional Holders, Q2 2026

557 institutional investment managers reported a HDB position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $16.7B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← HDB stock profile

HDB in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

182

Trimmed

238

Sold out

101

Biggest buyers

MORGAN STANLEYAdded · +22,465,728 sh+$580.3M
Orbis Allan Gray LtdAdded · +7,658,990 sh+$197.8M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMEAdded · +7,218,609 sh+$186.5M
BANK OF AMERICAAdded · +6,702,415 sh+$173.1M
D. E. ShawAdded · +5,996,740 sh+$154.9M

Biggest sellers

GQG PartnersSold out · -34,095,946 sh-$880.7M
PRINCIPAL FINANCIAL GROUPTrimmed · -16,447,420 sh-$424.8M
Man Group plcTrimmed · -7,763,491 sh-$200.5M
HARDING LOEVNERTrimmed · -3,649,082 sh-$94.3M
JANE STREET GROUPTrimmed · -2,946,498 sh-$76.1M

HDB 13F holders ranked 1–100 of 557

Institutional investors reporting a position in HDFC BANK LTD on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	MORGAN STANLEY#1 · 53,273,199 sh	53,273,199	$1.4B	0.07%	+72.9%
2	ROYAL BANK OF CANADA#2 · 43,203,355 sh	43,203,355	$1.1B	0.17%	+1.9%
3	SCHRODER INVESTMENT MANAGEMENT GROUP#3 · 21,792,768 sh	21,792,768	$564.7M	0.40%	-3.2%
4	JPMORGAN CHASE#4 · 19,095,182 sh	19,095,182	$494.8M	0.03%	+4.5%
5	BANK OF AMERICA#5 · 17,251,650 sh	17,251,650	$445.6M	0.03%	+63.5%
6	FIL Ltd#6 · 16,777,372 sh	16,777,372	$433.4M	0.31%	+0.4%
7	Temasek (Private) Ltd#7 · 15,305,232 sh	15,305,232	$395.3M	1.06%	+21.9%
8	Robeco Institutional Asset Management B.V.#8 · 14,693,252 sh	14,693,252	$379.5M	—	+17.3%
9	Fisher Asset Management#9 · 11,669,910 sh	11,669,910	$301.4M	0.09%	-4.6%
10	LAZARD ASSET MANAGEMENT#10 · 11,419,324 sh	11,419,324	$295.0M	0.45%	+4.4%
11	BROWN ADVISORY#11 · 11,296,194 sh	11,296,194	$291.8M	0.45%	+18.1%
12	HARDING LOEVNER#12 · 11,208,475 sh	11,208,475	$286.9M	2.70%	-24.6%
13	MASSACHUSETTS FINANCIAL SERVICES#13 · 9,435,117 sh	9,435,117	$283.6M	0.09%	-2.0%
14	WELLINGTON MANAGEMENT GROUP LLP#14 · 10,250,577 sh	10,250,577	$264.8M	0.05%	-7.5%
15	Invesco Ltd.#15 · 9,866,409 sh	9,866,409	$254.8M	0.02%	-8.4%
16	Orbis Allan Gray Ltd#16 · 9,446,886 sh	9,446,886	$244.0M	0.84%	+428.4%
17	Connor, Clark & Lunn Investment Management Ltd.#17 · 8,854,839 sh	8,854,839	$228.7M	0.43%	+46.4%
18	Kontiki Capital Management (HK) Ltd.#18 · 8,424,500 sh	8,424,500	$217.6M	14.27%	+19.9%
19	D. E. Shaw#19 · 8,422,200 sh	8,422,200	$217.5M	0.10%	+247.2%
20	Boston Partners#20 · 8,299,403 sh	8,299,403	$214.4M	0.19%	+6.2%
21	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#21 · 7,511,024 sh	7,511,024	$194.0M	0.04%	+2468.6%
22	FRANKLIN RESOURCES#22 · 7,327,488 sh	7,327,488	$189.3M	0.04%	-17.0%
23	C WorldWide Group Holding A/S#23 · 7,126,982 sh	7,126,982	$184.1M	4.44%	-2.8%
24	DODGE & COX#24 · 6,678,700 sh	6,678,700	$172.5M	0.09%	+17.4%
25	M&G Plc#25 · 6,490,200 sh	6,490,200	$168.7M	0.84%	-0.8%
26	Trinity Street Asset Management LLP#26 · 6,493,800 sh	6,493,800	$167.7M	—	-15.9%
27	BAILLIE GIFFORD#27 · 6,388,689 sh	6,388,689	$165.0M	0.15%	-2.3%
28	SEI INVESTMENTS#28 · 6,155,919 sh	6,155,919	$159.0M	0.14%	+1.3%
29	ALTRINSIC GLOBAL ADVISORS#29 · 5,856,969 sh	5,856,969	$151.3M	5.55%	-2.1%
30	1832 Asset Management L.P.#30 · 5,764,443 sh	5,764,443	$148.9M	0.07%	+61.2%
31	Bank of New York Mellon#31 · 5,512,773 sh	5,512,773	$142.4M	0.02%	+9.7%
32	TWO SIGMA INVESTMENTS#32 · 5,359,127 sh	5,359,127	$138.4M	0.10%	+29.1%
33	FMR#33 · 5,312,554 sh	5,312,554	$137.2M	<0.01%	-15.5%
34	MILLENNIUM MANAGEMENT#34 · 5,056,263 sh	5,056,263	$130.6M	0.05%	+4.6%
35	Northcape Capital Pty Ltd#35 · 4,978,603 sh	4,978,603	$128.6M	—	+6.1%
36	SG Americas Securities#36 · 4,878,264 sh	4,878,264	$126.0M	0.07%	+154.9%
37	NATIXIS ADVISORS#37 · 4,680,924 sh	4,680,924	$120.9M	0.14%	+10.6%
38	PGGM Investments#38 · 4,657,592 sh	4,657,592	$120.3M	2.96%	+8.9%
39	Westwood Global Investments#39 · 4,490,900 sh	4,490,900	$116.0M	4.07%	+293.1%
40	Clearbridge Investments#40 · 4,444,517 sh	4,444,517	$114.8M	0.10%	+1.1%
41	PineStone Asset Management#41 · 4,379,846 sh	4,379,846	$113.1M	—	+15.8%
42	JONES FINANCIAL COMPANIES LLLP#42 · 4,305,287 sh	4,305,287	$110.8M	0.04%	-2.2%
43	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#43 · 4,274,235 sh	4,274,235	$110.4M	0.05%	+708.9%
44	BlackRock#44 · 4,165,128 sh	4,165,128	$107.6M	<0.01%	-14.5%
45	Aikya Investment Management Ltd#45 · 4,081,592 sh	4,081,592	$105.4M	30.95%	-1.0%
46	HSBC PLC#46 · 4,047,804 sh	4,047,804	$104.3M	0.04%	+20.4%
47	Black Creek Investment Management#47 · 3,948,039 sh	3,948,039	$102.0M	5.72%	New
48	NINE MASTS CAPITAL Ltd#48 · 3,905,609 sh	3,905,609	$100.9M	10.14%	+105.5%
49	Sustainable Growth Advisers#49 · 3,798,850 sh	3,798,850	$98.1M	—	-27.3%
50	VOLORIDGE INVESTMENT MANAGEMENT#50 · 3,778,525 sh	3,778,525	$97.6M	0.42%	-1.8%
51	DIMENSIONAL FUND ADVISORS#51 · 3,533,724 sh	3,533,724	$91.3M	0.02%	+21.9%
52	Russell Investments Group, Ltd.#52 · 3,517,136 sh	3,517,136	$90.8M	0.08%	-25.4%
53	Rathbones Group PLC#53 · 3,494,492 sh	3,494,492	$90.3M	0.33%	+7.1%
54	GOLDMAN SACHS GROUP#54 · 3,348,363 sh	3,348,363	$86.5M	<0.01%	+115.6%
55	JUPITER ASSET MANAGEMENT LTD#55 · 3,220,404 sh	3,220,404	$82.8M	0.41%	-5.4%
56	Mondrian Investment Partners LTD#56 · 3,027,118 sh	3,027,118	$78.2M	—	+29.3%
57	Qube Research & Technologies Ltd#57 · 3,001,942 sh	3,001,942	$77.5M	0.07%	+43.0%
58	UBS Group AG#58 · 2,971,708 sh	2,971,708	$76.8M	<0.01%	+4.6%
59	Nuveen#59 · 2,946,545 sh	2,946,545	$76.1M	0.02%	+7.8%
60	Artisan Partners Limited Partnership#60 · 2,784,047 sh	2,784,047	$71.9M	0.11%	-22.9%
61	Sumitomo Mitsui#61 · 2,777,795 sh	2,777,795	$71.8M	0.04%	+3.0%
62	MARSHALL WACE, LLP#62 · 2,737,128 sh	2,737,128	$70.7M	0.06%	-15.2%
63	Man Group plc#63 · 2,728,890 sh	2,728,890	$70.5M	0.11%	-74.0%
64	CIBC Bancorp USA#64 · 2,682,773 sh	2,682,773	$69.3M	0.08%	-2.1%
65	EARNEST PARTNERS#65 · 2,631,855 sh	2,631,855	$68.0M	0.25%	+2.7%
66	Mawer Investment Management Ltd.#66 · 2,624,709 sh	2,624,709	$67.8M	0.46%	-2.2%
67	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO#67 · 2,524,344 sh	2,524,344	$65.2M	0.19%	+30.6%
68	State of New Jersey Common Pension Fund D#68 · 2,523,596 sh	2,523,596	$65.2M	0.22%	-1.9%
69	BANK OF MONTREAL#69 · 2,494,804 sh	2,494,804	$64.4M	0.02%	-16.8%
70	ROYAL LONDON ASSET MANAGEMENT LTD#70 · 2,413,642 sh	2,413,642	$62.3M	0.11%	-9.3%
71	BNP PARIBAS FINANCIAL MARKETS#71 · 2,396,851 sh	2,396,851	$61.9M	0.02%	+163.5%
72	AMERIPRISE FINANCIAL#72 · 2,355,879 sh	2,355,879	$61.1M	0.01%	-39.9%
73	STATE STREET#73 · 2,315,671 sh	2,315,671	$59.8M	<0.01%	-26.7%
74	L1 Capital Pty Ltd#74 · 2,194,495 sh	2,194,495	$56.7M	1.91%	+72.9%
75	Allspring Global Investments#75 · 2,217,663 sh	2,217,663	$56.7M	0.09%	+0.4%
76	Ovata Capital Management Ltd#76 · 1,972,276 sh	1,972,276	$50.6M	3.80%	-0.7%
77	HUDSON EDGE INVESTMENT PARTNERS#77 · 1,917,400 sh	1,917,400	$49.5M	6.77%	-5.7%
78	Charles-Lim Capital Ltd#78 · 1,875,000 sh	1,875,000	$48.4M	15.16%	-37.5%
79	Intermede Investment Partners Ltd#79 · 2,073,833 sh	2,073,833	$48.3M	2.03%	+10.8%
80	TUDOR INVESTMENT ET AL#80 · 1,824,153 sh	1,824,153	$47.1M	0.07%	+68.0%
81	Assenagon Asset Management S.A.#81 · 1,746,160 sh	1,746,160	$45.1M	—	+269.6%
82	BESSEMER GROUP#82 · 1,699,355 sh	1,699,355	$43.9M	0.06%	+4.3%
83	NEW YORK STATE COMMON RETIREMENT FUND#83 · 1,688,355 sh	1,688,355	$43.6M	0.06%	-11.2%
84	PZENA INVESTMENT MANAGEMENT#84 · 1,613,476 sh	1,613,476	$41.7M	0.12%	+6.2%
85	North of South Capital LLP#85 · 1,593,267 sh	1,593,267	$41.2M	3.03%	New
86	Perpetual Ltd#86 · 1,556,670 sh	1,556,670	$40.2M	—	+0.1%
87	Theleme Partners LLP#87 · 1,554,554 sh	1,554,554	$40.2M	2.39%	New
88	PRINCIPAL FINANCIAL GROUP#88 · 1,530,424 sh	1,530,424	$39.5M	0.02%	-91.5%
89	Fiera Capital#89 · 1,388,348 sh	1,388,348	$35.9M	0.13%	-51.9%
90	Milestone Resources Group Ltd#90 · 1,369,248 sh	1,369,248	$35.4M	2.16%	0.0%
91	abrdn plc#91 · 1,356,947 sh	1,356,947	$35.0M	0.05%	-10.8%
92	ARGA Investment Management#92 · 1,320,988 sh	1,320,988	$34.1M	0.87%	-2.9%
93	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO#93 · 1,227,009 sh	1,227,009	$31.7M	0.11%	-0.8%
94	Impax Asset Management Group plc#94 · 1,223,482 sh	1,223,482	$31.6M	0.21%	-4.0%
95	Capital Research Global Investors#95 · 1,193,249 sh	1,193,249	$30.8M	<0.01%	0.0%
96	Legal & General Group Plc#96 · 1,153,820 sh	1,153,820	$29.8M	<0.01%	+0.1%
97	MEITAV INVESTMENT HOUSE LTD#97 · 1,150,000 sh	1,150,000	$29.7M	0.20%	0.0%
98	NORTHERN#98 · 1,148,737 sh	1,148,737	$29.7M	<0.01%	-22.6%
99	Seafarer Capital Partners#99 · 1,148,000 sh	1,148,000	$29.7M	6.83%	0.0%
100	FLOSSBACH VON STORCH SE#100 · 1,139,310 sh	1,139,310	$29.4M	0.13%	-36.8%

Funds that sold out of HDB in Q2 2026 (101)

Held HDB at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held HDB in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
GQG Partners34,095,946 sh	34,095,946	$848.3M
Holocene Advisors1,587,186 sh	1,587,186	$39.5M
STEADFAST CAPITAL MANAGEMENT1,434,435 sh	1,434,435	$35.7M
Aquatic Capital Management1,080,312 sh	1,080,312	$26.9M
BSN Capital Partners Ltd541,500 sh	541,500	$19.4M
Lancaster Investment Management455,289 sh	455,289	$11.3M
FAYEZ SAROFIM360,374 sh	360,374	$9.0M
ZEVIN ASSET MANAGEMENT318,597 sh	318,597	$7.9M
DONALDSON CAPITAL MANAGEMENT292,276 sh	292,276	$7.3M
Y-Intercept (Hong Kong) Ltd280,763 sh	280,763	$7.0M
Quadrature Capital Ltd272,770 sh	272,770	$6.8M
DEPRINCE RACE & ZOLLO237,344 sh	237,344	$5.9M
DISCOVERY CAPITAL MANAGEMENT, / CT183,000 sh	183,000	$4.6M
Virtu Financial167,886 sh	167,886	$4.2M
Azimuth Capital Investment Management162,680 sh	162,680	$4.0M
Capital World Investors159,243 sh	159,243	$3.8M
FORA Capital148,656 sh	148,656	$3.7M
Munich Reinsurance Stock in Munich136,327 sh	136,327	$3.4M
RENAISSANCE TECHNOLOGIES129,300 sh	129,300	$3.2M
Oaktree Fund Advisors126,519 sh	126,519	$3.1M
Campbell & Investment Adviser116,967 sh	116,967	$2.9M
Graham Capital Management, L.P.114,456 sh	114,456	$2.8M
OAKTREE CAPITAL MANAGEMENT114,261 sh	114,261	$2.8M
ALPS ADVISORS102,000 sh	102,000	$2.5M
GILDER GAGNON HOWE93,206 sh	93,206	$2.3M
Motley Fool Wealth Management91,402 sh	91,402	$2.3M
EAGLE GLOBAL ADVISORS90,287 sh	90,287	$2.2M
Centiva Capital77,478 sh	77,478	$1.9M
Lansforsakringar Fondforvaltning AB (publ)74,889 sh	74,889	$1.9M
TWO SIGMA SECURITIES57,066 sh	57,066	$1.4M
SummitTX Capital, L.P.56,972 sh	56,972	$1.4M
FLOW TRADERS U.S.53,841 sh	53,841	$1.3M
Matrix47,980 sh	47,980	$1.2M
FIGURE 8 INVESTMENT STRATEGIES47,480 sh	47,480	$1.2M
VIRTUS ADVISERS46,168 sh	46,168	$1.1M
DIAMOND HILL CAPITAL MANAGEMENT45,145 sh	45,145	$1.1M
DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD.41,618 sh	41,618	$1.0M
Calamos Advisors40,434 sh	40,434	$1.0M
GUARDCAP ASSET MANAGEMENT Ltd38,800 sh	38,800	$965.3K
Summit Global Investments38,152 sh	38,152	$949.0K
Polymer Capital Management (HK) LTD33,843 sh	33,843	$842.0K
Kovitz Investment Group Partners33,068 sh	33,068	$822.7K
AXQ CAPITAL31,503 sh	31,503	$783.8K
YOUSIF CAPITAL MANAGEMENT25,400 sh	25,400	$632.0K
AIGEN INVESTMENT MANAGEMENT25,169 sh	25,169	$626.2K
FEDERATED HERMES24,659 sh	24,659	$613.5K
POLEN CAPITAL MANAGEMENT23,926 sh	23,926	$595.3K
Sustainable Insight Capital Management20,598 sh	20,598	$512.5K
DMC Group19,652 sh	19,652	$488.9K
Aubrey Capital Management Ltd19,200 sh	19,200	$477.5K
Templeton & Phillips Capital Management16,246 sh	16,246	$404.2K
SEGALL BRYANT & HAMILL12,756 sh	12,756	$363.5K
Abacus Wealth Partners13,100 sh	13,100	$325.9K
Private Advisor Group12,988 sh	12,988	$323.1K
Marks Group Wealth Management12,806 sh	12,806	$318.6K
Bayesian Capital Management12,373 sh	12,373	$307.8K
Sivia Capital Partners12,057 sh	12,057	$300.0K
Platform Technology Partners12,049 sh	12,049	$299.8K
GSA CAPITAL PARTNERS LLP11,723 sh	11,723	$292.0K
Athena Wealth Management10,666 sh	10,666	$265.4K
Dynamic Technology Lab Private Ltd10,261 sh	10,261	$255.3K
Greenspring Advisors10,004 sh	10,004	$248.9K
Endowment Wealth Management9,875 sh	9,875	$245.7K
COMMERCE BANK9,764 sh	9,764	$242.9K
DIVERSIFY WEALTH MANAGEMENT9,588 sh	9,588	$242.2K
Dorsey & Whitney9,592 sh	9,592	$238.6K
Hardy Reed9,385 sh	9,385	$233.5K
Legacy Capital Group California8,883 sh	8,883	$221.0K
Pitcairn Wealth Advisors5,725 sh	5,725	$209.2K
EVENTIDE ASSET MANAGEMENT8,633 sh	8,633	$208.1K
Walleye Trading8,074 sh	8,074	$200.9K
QUADRANT CAPITAL GROUP10,504 sh	10,504	$179.6K
Advisory Services Network5,824 sh	5,824	$144.9K
Tower Research Capital (TRC)4,897 sh	4,897	$121.8K
V-Square Quantitative Management4,109 sh	4,109	$102.2K
Boit C F David3,100 sh	3,100	$77.1K
AdvisorNet Financial2,121 sh	2,121	$52.8K
Bruce G. Allen Investments1,939 sh	1,939	$48.2K
BOCHK Asset Management Ltd800 sh	800	$19.9K
Operose Advisors764 sh	764	$19.0K
TWIN PEAKS WEALTH ADVISORS551 sh	551	$13.7K
WealthCollab422 sh	422	$10.5K
Western Wealth Management415 sh	415	$10.3K
OF TOLEDO NA376 sh	376	$9.4K
Root Financial Partners318 sh	318	$7.9K
Caption Management176 sh	176	$4.4K
ADIRONDACK172 sh	172	$4.3K
Union Bankshares170 sh	170	$4.2K
Sound Income Strategies144 sh	144	$3.6K
Golden State Equity Partners100 sh	100	$2.5K
Ares Financial Consulting72 sh	72	$1.8K
MBM WEALTH CONSULTANTS66 sh	66	$1.6K
Intentional Wealth Strategies64 sh	64	$1.6K
Nemes Rush Group30 sh	30	$746.00
Transamerica Financial Advisors28 sh	28	$710.00
ROTHSCHILD INVESTMENT14 sh	14	$344.00
Rachor Investment Advisory Services11 sh	11	$274.00
Nvest Wealth Strategies10 sh	10	$249.00
Beaird Harris Wealth Management9 sh	9	$231.00
Roxbury Financial3 sh	3	$66.00

And 1 smaller position.

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.