Vault-13

HDFC BANK LTD HDB

SPONSORED ADS · ADR · CUSIP 40415F101 · ISIN US40415F1012

Indian private sector bank

633 institutional holders -3 vs Q4 2024
367,565,023367.6m shares reported held*
$22.9bnreported value*
61 new 223 added 254 reduced 62 sold out net sold ≈ $11.6m (+23.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($59.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.29. Options: 11 managers hold calls ($38.3m notional), 12 hold puts ($31.5m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 482Q4 22: 513Q1 23: 524Q2 23: 540Q3 23: 537Q4 23: 563Q1 24: 570Q2 24: 574Q3 24: 603Q4 24: 636Q1 25: 633633Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022482
Q4 2022513
Q1 2023524
Q2 2023540
Q3 2023537
Q4 2023563
Q1 2024570
Q2 2024574
Q3 2024603
Q4 2024636
Q1 2025633

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q2 23: 278 bought or addedQ2 23: 200 cut or sold outQ3 23: 265 bought or addedQ3 23: 245 cut or sold outQ3 23Q4 23: 305 bought or addedQ4 23: 212 cut or sold outQ1 24: 296 bought or addedQ1 24: 273 cut or sold outQ1 24Q2 24: 309 bought or addedQ2 24: 237 cut or sold outQ3 24: 314 bought or addedQ3 24: 236 cut or sold outQ3 24Q4 24: 312 bought or addedQ4 24: 254 cut or sold outQ1 25: 284 bought or addedQ1 25: 316 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023278200
Q3 2023265245
Q4 2023305212
Q1 2024296273
Q2 2024309237
Q3 2024314236
Q4 2024312254
Q1 2025284316

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150mQ2 24 calls: $54.6mQ2 24 puts: $106.8mQ2 24P/C 1.96Q3 24 calls: $57.3mQ3 24 puts: $84.9mQ3 24P/C 1.48Q4 24 calls: $49.0mQ4 24 puts: $56.9mQ4 24P/C 1.16Q1 25 calls: $38.3mQ1 25 puts: $31.5mQ1 25P/C 0.82
Numbers
QuarterCallsPutsP/C
Q2 2024$54.6m$106.8m1.96
Q3 2024$57.3m$84.9m1.48
Q4 2024$49.0m$56.9m1.16
Q1 2025$38.3m$31.5m0.82

Biggest buyers

New Vernon Capital Holdings II LLC New +23,283,499+23.3m
GQG Partners LLC Added +8,313,645+8.3m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +4,089,647+4.1m
ROYAL BANK OF CANADA Added +3,907,637+3.9m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +1,913,637+1.9m
NATIONAL BANK OF CANADA /FI/ Added +1,561,505+1.6m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +1,545,639+1.5m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +1,152,700+1.2m
STEADFAST CAPITAL MANAGEMENT LP Added +1,074,000+1.1m
TWO SIGMA ADVISERS, LP New +958,200+958.2k

Biggest sellers

MORGAN STANLEY Reduced -7,473,704-7.5m
Capital World Investors Reduced -3,668,346-3.7m
Impax Asset Management Group plc Reduced -2,098,189-2.1m
MACKENZIE FINANCIAL CORP Reduced -1,899,490-1.9m
FIL Ltd Reduced -1,724,921-1.7m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -1,329,853-1.3m
Orbis Allan Gray Ltd Reduced -1,066,811-1.1m
TPG GP A, LLC Sold out -965,145-965.1k
CANADA PENSION PLAN INVESTMENT BOARD Sold out -891,500-891.5k
UBS Group AG Reduced -825,001-825.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.0m225.8k shares
CITADEL ADVISORS LLC Added $7.2m108.0k shares
Walleye Trading LLC Added $6.8m103.1k shares
JANE STREET GROUP, LLC Added $3.5m52.9k shares
PEAK6 LLC Reduced $2.0m29.6k shares
SIMPLEX TRADING, LLC Reduced $1.3m18.9k shares
GROUP ONE TRADING LLC Reduced $910.2k13.7k shares
IMC-Chicago, LLC Reduced $671.0k10.1k shares
Balyasny Asset Management L.P. Added $551.5k8.3k shares
Walleye Capital LLC Added $418.6k6.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.2m94.0k shares
JANE STREET GROUP, LLC Added $6.1m92.4k shares
Walleye Trading LLC Added $3.6m53.6k shares
CITADEL ADVISORS LLC Reduced $3.3m50.1k shares
Parallax Volatility Advisers, L.P. Reduced $3.3m49.0k shares
Balyasny Asset Management L.P. Added $2.6m38.8k shares
PEAK6 LLC Reduced $2.5m38.3k shares
GROUP ONE TRADING LLC Reduced $2.0m30.3k shares
SIMPLEX TRADING, LLC Reduced $1.1m16.0k shares
MILLENNIUM MANAGEMENT LLC Added $624.5k9.4k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 New Vernon Capital Holdings II LLC 8.01% of their portfolio Morristown, NJ 23,283,49923.3m $350.4k $350.4k 8.01% New
2 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 17,282,26517.3m $1.1bn $1.1bn 0.08% Reduced -7.5m -7,473,704
3 GQG Partners LLC 1.71% of their portfolio FT. LAUDERDALE, FL 16,196,99216.2m $1.1bn $1.1bn 1.71% Added +8.3m +8,313,645
4 FIL Ltd 0.99% of their portfolio HAMILTON, D0 15,742,21015.7m $1.0bn $1.0bn 0.99% Reduced -1.7m -1,724,921
5 Harding Loevner LP 7.39% of their portfolio Bridgewater, NJ 14,524,68214.5m $965.2m $965.2m 7.39% Reduced -652.6k -652,636
6 ROYAL BANK OF CANADA 0.17% of their portfolio TORONTO, A6 11,214,71111.2m $745.1m $745.1m 0.17% Added +3.9m +3,907,637
7 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 9,616,7139.6m $638.9m $638.9m 0.05% Added +202.0k +202,032
8 SCHRODER INVESTMENT MANAGEMENT GROUP 0.60% of their portfolio London, X0 8,922,4658.9m $590.0m $590.0m 0.60% Added +1.9m +1,913,637
9 Temasek Holdings (Private) Ltd 2.39% of their portfolio SINGAPORE, U0 8,895,6628.9m $591.0m $591.0m 2.39% Added +337.9k +337,874
10 FMR LLC 0.03% of their portfolio BOSTON, MA 7,810,1057.8m $518.9m $518.9m 0.03% Added +17.0k +16,992
11 Sustainable Growth Advisers, LP 2.89% of their portfolio STAMFORD, CT 7,803,4977.8m $518.5m $518.5m 2.89% Reduced -373.0k -372,990
12 FRANKLIN RESOURCES INC 0.13% of their portfolio San Mateo, CA 6,715,7976.7m $446.2m $446.2m 0.13% Reduced -202.0k -202,019
13 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 6,476,1116.5m $430.3m $430.3m 0.04% Added +102.7k +102,707
14 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.14% of their portfolio Boston, MA 6,250,0936.3m $415.3m $415.3m 0.14% Added +1.5m +1,545,639
15 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 6,048,9606.0m $401.9m $401.9m 0.08% Added +96.1k +96,065
16 Fiera Capital Corp 1.21% of their portfolio MONTREAL, A8 5,032,8825.0m $334.4m $334.4m 1.21% Reduced -728.5k -728,479
17 BROWN ADVISORY INC 0.45% of their portfolio BALTIMORE, MD 4,767,4544.8m $316.7m $316.7m 0.45% Reduced -76.8k -76,835
18 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 4,744,0004.7m $315.2m $315.2m 0.06% Reduced -172.1k -172,115
19 C WorldWide Group Holding A/S 3.85% of their portfolio COPENHAGEN, G7 4,667,3774.7m $310.1m $310.1m 3.85% Added +136.3k +136,319
20 LAZARD ASSET MANAGEMENT LLC 0.46% of their portfolio NEW YORK, NY 4,521,5684.5m $300.4m $300.4m 0.46% Added +140.0k +139,969
21 Robeco Institutional Asset Management B.V. 0.55% of their portfolio ROTTERDAM, P7 4,289,6884.3m $285.0m $285.0m 0.55% Added +908.7k +908,709
22 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio NEW YORK, NY 4,199,7174.2m $279.0m $279.0m 0.07% Added +4.1m +4,089,647
23 PineStone Asset Management Inc. 1.99% of their portfolio Montreal, A8 3,969,0394.0m $263.7m $263.7m 1.99% Added +725.7k +725,690
24 MILLENNIUM MANAGEMENT LLC 0.25% of their portfolio NEW YORK, NY 3,822,5193.8m $254.0m $254.0m 0.25% Reduced -24.1k -24,071
25 Kontiki Capital Management (HK) Ltd. 17.85% of their portfolio Hong Kong, K3 3,733,8543.7m $248.1m $248.1m 17.85% Added +122.7k +122,685
26 Trinity Street Asset Management LLP 24.49% of their portfolio LONDON, X0 3,642,0003.6m $242.0m $242.0m 24.49% Reduced -32.3k -32,300
27 BAILLIE GIFFORD & CO 0.21% of their portfolio EDINBURGH, X0 3,562,0733.6m $236.7m $236.7m 0.21% Reduced -53.7k -53,677
28 NATIONAL BANK OF CANADA /FI/ 0.27% of their portfolio MONTREAL, A8 3,483,1733.5m $231.4m $231.4m 0.27% Added +1.6m +1,561,505
29 Fisher Asset Management, LLC 0.09% of their portfolio PLANO, TX 3,242,7923.2m $215.5m $215.5m 0.09% Reduced -668.5k -668,463
30 Dodge & Cox 0.12% of their portfolio San Francisco, CA 3,232,3003.2m $214.8m $214.8m 0.12% Reduced -39.3k -39,300
31 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.44% of their portfolio TORONTO, A6 3,004,7003.0m $199.6m $199.6m 0.44% Added +1.2m +1,152,700
32 SANDS CAPITAL MANAGEMENT, LLC 0.66% of their portfolio ARLINGTON, VA 2,911,1902.9m $193.4m $193.4m 0.66% Added +34.9k +34,938
33 MARTIN CURRIE LTD 7.70% of their portfolio EDINBURGH, X0 2,872,6522.9m $190.9m $190.9m 7.70% Reduced -85.6k -85,622
34 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,728,0212.7m $181.2m $181.2m 0.00% Reduced -484.5k -484,533
35 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,714,6232.7m $180.4m $180.4m 0.05% Added +13.3k +13,308
36 Nuveen, LLC 0.05% of their portfolio CHARLOTTE, NC 2,684,2622.7m $178.3m $178.3m 0.05% First filing
37 ALTRINSIC GLOBAL ADVISORS LLC 8.34% of their portfolio Stamford, CT 2,543,7582.5m $169.0m $169.0m 8.34% Reduced -164.0k -163,969
38 Russell Investments Group, Ltd. 0.23% of their portfolio Seattle, WA 2,541,1132.5m $168.8m $168.8m 0.23% Added +118.3k +118,265
39 Capital Research Global Investors 0.04% of their portfolio Los Angeles, CA 2,509,6212.5m $166.7m $166.7m 0.04% Reduced -212 -212
40 SEI INVESTMENTS CO 0.21% of their portfolio OAKS, PA 2,437,5182.4m $161.9m $161.9m 0.21% Added +472.7k +472,728
41 Hardman Johnston Global Advisors LLC 7.14% of their portfolio Stamford, CT 2,250,8242.3m $149.5m $149.5m 7.14% Reduced -401.2k -401,170
42 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 2,245,7462.2m $149.2m $149.2m 0.03% Reduced -13.4k -13,431
43 NATIXIS ADVISORS, LLC 0.27% of their portfolio Boston, MA 2,238,5602.2m $148.7m $148.7m 0.27% Added +382.3k +382,267
44 ROYAL LONDON ASSET MANAGEMENT LTD 0.34% of their portfolio UNITED KINGDOM, X0 2,152,6092.2m $143.0m $143.0m 0.34% Reduced -21.1k -21,103
45 MANNING & NAPIER ADVISORS LLC 1.75% of their portfolio Fairport, NY 2,137,8522.1m $142.0m $142.0m 1.75% Reduced -193.3k -193,276
46 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,104,1382.1m $139.8m $139.8m 0.03% Reduced -825.0k -825,001
47 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 2,103,2422.1m $139.7m $139.7m 0.02% Reduced -3.7m -3,668,346
48 Aikya Investment Management Ltd 49.79% of their portfolio LONDON, X0 2,021,4592.0m $134.3m $134.3m 49.79% Reduced -11.4k -11,374
49 CCLA Investment Management 2.35% of their portfolio LONDON, X0 2,000,6212.0m $132.9m $132.9m 2.35% Added +71.5k +71,530
50 Clearbridge Investments, LLC 0.11% of their portfolio NEW YORK, NY 1,944,4381.9m $129.2m $129.2m 0.11% Added +70.1k +70,109
51 Artisan Partners Limited Partnership 0.20% of their portfolio Milwaukee, WI 1,829,3191.8m $121.5m $121.5m 0.20% Reduced -30.5k -30,490
52 JARISLOWSKY, FRASER Ltd 0.74% of their portfolio MONTREAL, A8 1,768,8771.8m $117.5m $117.5m 0.74% Added +70.9k +70,865
53 Allspring Global Investments Holdings, LLC 0.20% of their portfolio CHARLOTTE, NC 1,768,0641.8m $115.4m $115.4m 0.20% Reduced -502.6k -502,558
54 Charles-Lim Capital Ltd 34.26% of their portfolio CENTRAL, K3 1,750,0001.8m $116.3m $116.3m 34.26% Reduced -750.0k -750,000
55 ARGA Investment Management, LP 3.46% of their portfolio STAMFORD, CT 1,553,9751.6m $103.2m $103.2m 3.46% Added +104.2k +104,162
56 LMR Partners LLP 1.96% of their portfolio LONDON, X0 1,470,9061.5m $97.7m $97.7m 1.96% Reduced -279.1k -279,094
57 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,378,6711.4m $91.6m $91.6m 0.00% Added +94.7k +94,697
58 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 1,374,4871.4m $91.3m $91.3m 0.07% Added +247.3k +247,287
59 Formuepleje A/S 5.21% of their portfolio AARHUS C, G7 1,374,3611.4m $91.3m $91.3m 5.21% Added +536.2k +536,243
60 Mawer Investment Management Ltd. 0.44% of their portfolio CALGARY, A0 1,369,3701.4m $91.0m $91.0m 0.44% Reduced -48.2k -48,248
61 Connor, Clark & Lunn Investment Management Ltd. 0.38% of their portfolio VANCOUVER, A1 1,318,5301.3m $87.6m $87.6m 0.38% Added +36.6k +36,646
62 Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio CHIYODA-KU, TOKYO, M0 1,317,3461.3m $87.5m $87.5m 0.06% Reduced -8.8k -8,803
63 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,314,5831.3m $87.3m $87.3m 0.02% Added +255.4k +255,429
64 STEADFAST CAPITAL MANAGEMENT LP 2.37% of their portfolio NEW YORK, NY 1,258,2001.3m $83.6m $83.6m 2.37% Added +1.1m +1,074,000
65 EARNEST PARTNERS LLC 0.39% of their portfolio ATLANTA, GA 1,234,9841.2m $82.1m $82.1m 0.39% Added +27.9k +27,941
66 M&G PLC 0.38% of their portfolio London, X0 1,199,1051.2m $79.1m $79.1m 0.38% Reduced -74.1k -74,057
67 CIBC Private Wealth Group LLC 0.16% of their portfolio ATLANTA, GA 1,198,4071.2m $76.5m $76.5m 0.16% Added +59.5k +59,495
68 1832 Asset Management L.P. 0.15% of their portfolio TORONTO, A6 1,198,1791.2m $79.6m $79.6m 0.15% Reduced -87.5k -87,474
69 EMINENCE CAPITAL, LP 1.32% of their portfolio NEW YORK, NY 1,186,5511.2m $78.8m $78.8m 1.32% Added +189.0k +189,015
70 Intermede Investment Partners Ltd 2.60% of their portfolio LONDON, X0 1,175,2951.2m $78.1m $78.1m 2.60% Reduced -99.1k -99,053
71 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio CHICAGO, IL 1,159,2981.2m $77.0m $77.0m 0.22% Reduced -1.3m -1,329,853
72 State of New Jersey Common Pension Fund D 0.35% of their portfolio TRENTON, NJ 1,156,3981.2m $76.8m $76.8m 0.35% Added +107.8k +107,847
73 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,148,5861.1m $76.3m $76.3m 0.02% Reduced -57.1k -57,112
74 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 1,117,1021.1m $74.2m $74.2m 0.05% Reduced -157.7k -157,653
75 Egerton Capital (UK) LLP 0.86% of their portfolio LONDON, X0 1,116,4931.1m $74.2m $74.2m 0.86% Reduced -24.0k -24,018
76 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,100,5401.1m $73.1m $73.1m 0.01% Added +85.0k +84,952
77 Mirae Asset Global Investments Co., Ltd. 0.30% of their portfolio SEOUL, M5 1,088,4851.1m $72.6m $72.6m 0.30% Added +13.4k +13,354
78 Perpetual Ltd 0.87% of their portfolio SYDNEY, NEW SOUTH WALES, C3 1,086,6071.1m $72.2m $72.2m 0.87% Reduced -55.3k -55,322
79 Mondrian Investment Partners LTD 1.20% of their portfolio LONDON, X0 1,057,1821.1m $70.2m $70.2m 1.20% Added +13.7k +13,738
80 FLOSSBACH VON STORCH SE 0.30% of their portfolio COLOGNE, 2M 1,049,5201.0m $69.7m $69.7m 0.30% Added +16.0k +16,000
81 Impax Asset Management Group plc 0.41% of their portfolio LONDON, X0 1,041,9981.0m $68.5m $68.5m 0.41% Reduced -2.1m -2,098,189
82 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,038,7041.0m $69.0m $69.0m 0.01% Added +27.5k +27,526
83 Baird Financial Group, Inc. 0.13% of their portfolio MILWAUKEE, WI 1,020,4281.0m $67.8m $67.8m 0.13% Added +61.6k +61,633
84 TWO SIGMA ADVISERS, LP 0.14% of their portfolio NEW YORK, NY 958,200958.2k $63.7m $63.7m 0.14% New
85 Two Creeks Capital Management, LP 4.05% of their portfolio New York, NY 954,614954.6k $63.4m $63.4m 4.05% Added +2.0k +1,969
86 MACKENZIE FINANCIAL CORP 0.09% of their portfolio TORONTO ONTARIO, A6 938,162938.2k $62.3m $62.3m 0.09% Reduced -1.9m -1,899,490
87 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 927,847927.8k $61.4m $61.4m 0.03% Reduced -46.1k -46,132
88 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.22% of their portfolio COLUMBUS, OH 926,620926.6k $61.6m $61.6m 0.22% Added +213.4k +213,392
89 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 883,855883.9k $58.7m $58.7m 0.01% Added +13.4k +13,435
90 HUDSON EDGE INVESTMENT PARTNERS INC. 11.57% of their portfolio JERSEY CITY, NJ 856,500856.5k $56.9m $56.9m 11.57% Reduced -11.4k -11,400
91 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 839,705839.7k $55.8m $55.8m 0.02% Reduced -370.6k -370,563
92 INDUS CAPITAL PARTNERS, LLC 52.36% of their portfolio NEW YORK, NY 834,677834.7k $55.5m $55.5m 52.36% Reduced -75.9k -75,900
93 Ovata Capital Management Ltd 20.73% of their portfolio HONG KONG, K3 817,880817.9k $54.6m $54.6m 20.73% Added +127.6k +127,560
94 MARSHALL WACE, LLP 0.07% of their portfolio LONDON, X0 792,555792.6k $52.7m $52.7m 0.07% Added +425.8k +425,759
95 DJE Kapital AG 1.54% of their portfolio 82049 PULLACH, 2M 789,218789.2k $52.1m $52.1m 1.54% Reduced -57.3k -57,326
96 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 759,871759.9k $50.0m $50.0m 0.03% Reduced -346.1k -346,101
97 OMERS ADMINISTRATION Corp 0.43% of their portfolio TORONTO, A6 737,018737.0k $49.0m $49.0m 0.43% Unchanged
98 PGGM Investments 0.62% of their portfolio ZEIST, P7 693,362693.4k $46.1m $46.1m 0.62% Added +162.9k +162,937
99 Valiant Capital Management, L.P. 4.86% of their portfolio San Francisco, CA 678,600678.6k $45.1m $45.1m 4.86% Added +158.3k +158,300
100 Elliott Investment Management L.P. 0.40% of their portfolio WEST PALM BEACH, FL 670,215670.2k $44.5m $44.5m 0.40% Unchanged