Vault-13

HDFC BANK LTD HDB

SPONSORED ADS · ADR · CUSIP 40415F101 · ISIN US40415F1012

Indian private sector bank

640 institutional holders -4 vs Q2 2025
692,381,623692.4m shares reported held*
$23.7bnreported value*
67 new 233 added 233 reduced 66 sold out net sold ≈ $429.3m (-14.3m shares)

Q2 2025 share counts are adjusted for a 2-for-1 stock split, so holders aren't shown as buying or selling because of it.

* 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 ($92.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.25. Options: 11 managers hold calls ($9.9m notional), 9 hold puts ($38.9m).

Trends to Q3 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: 633Q2 25: 644Q3 25: 640640Q3 22Q2 23Q1 24Q4 24Q3 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
Q2 2025644
Q3 2025640

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 325 bought or addedQ2 25: 280 cut or sold outQ3 25: 300 bought or addedQ3 25: 299 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023305212
Q1 2024296273
Q2 2024309237
Q3 2024314236
Q4 2024312254
Q1 2025284316
Q2 2025325280
Q3 2025300299

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ4 24 calls: $49.0mQ4 24 puts: $56.9mQ4 24P/C 1.16Q1 25 calls: $38.3mQ1 25 puts: $31.5mQ1 25P/C 0.82Q2 25 calls: $150.1mQ2 25 puts: $48.4mQ2 25P/C 0.32Q3 25 calls: $9.9mQ3 25 puts: $38.9mQ3 25P/C 3.93
Numbers
QuarterCallsPutsP/C
Q4 2024$49.0m$56.9m1.16
Q1 2025$38.3m$31.5m0.82
Q2 2025$150.1m$48.4m0.32
Q3 2025$9.9m$38.9m3.93

Biggest buyers

JPMORGAN CHASE & CO Added +19,617,780+19.6m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +7,784,981+7.8m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +3,991,714+4.0m
Robeco Institutional Asset Management B.V. Added +2,325,664+2.3m
GQG Partners LLC Added +2,283,804+2.3m
Rathbones Group PLC Added +1,910,126+1.9m
MARSHALL WACE, LLP Added +1,742,714+1.7m
HSBC HOLDINGS PLC Added +1,517,115+1.5m
Ninety One UK Ltd Added +1,393,472+1.4m
C WorldWide Group Holding A/S Added +1,327,182+1.3m

Biggest sellers

ROYAL BANK OF CANADA Reduced -26,710,349-26.7m
Temasek Holdings (Private) Ltd Reduced -6,917,944-6.9m
FIL Ltd Reduced -3,914,883-3.9m
Sustainable Growth Advisers, LP Reduced -3,818,409-3.8m
FMR LLC Reduced -3,052,373-3.1m
MORGAN STANLEY Reduced -1,952,590-2.0m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -1,583,863-1.6m
INDUS CAPITAL PARTNERS, LLC Sold out -1,486,154-1.5m
DJE Kapital AG Reduced -1,366,492-1.4m
Formuepleje A/S Reduced -1,293,758-1.3m

Biggest calls

JANE STREET GROUP, LLC Reduced $2.8m80.6k shares
CITADEL ADVISORS LLC Reduced $2.2m64.5k shares
GROUP ONE TRADING LLC Reduced $1.5m45.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m39.8k shares
SIMPLEX TRADING, LLC Reduced $478.0k14.0k shares
Walleye Trading LLC Reduced $389.4k11.4k shares
Belvedere Trading LLC New $383.3k5.6k shares
Sender Co & Partners, Inc. New $368.9k10.8k shares
CAPITAL FUND MANAGEMENT S.A. New $351.8k10.3k shares
Walleye Capital LLC Reduced $68.3k2.0k shares

Biggest puts

PEAK6 LLC Added $27.3m800.0k shares
JANE STREET GROUP, LLC Reduced $3.4m100.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.8m81.4k shares
GROUP ONE TRADING LLC Added $2.6m76.9k shares
CITADEL ADVISORS LLC Added $1.4m41.6k shares
SIMPLEX TRADING, LLC Unchanged $478.0k14.0k shares
IMC-Chicago, LLC New $437.2k12.8k shares
Walleye Trading LLC Reduced $246.0k7.2k shares
Walleye Capital LLC Reduced $164.0k4.8k 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 Q3 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 Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GQG Partners LLC 2.74% of their portfolio FT. LAUDERDALE, FL 52,184,73252.2m $1.8bn $1.8bn 2.74% Added +2.3m +2,283,804
2 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 38,409,56638.4m $1.3bn $1.3bn 0.04% Added +19.6m +19,617,780
3 ROYAL BANK OF CANADA 0.19% of their portfolio TORONTO, A6 30,445,77530.4m $1.0bn $1.0bn 0.19% Reduced -26.7m -26,710,349
4 Harding Loevner LP 6.79% of their portfolio Bridgewater, NJ 27,078,61427.1m $925.1m $925.1m 6.79% Reduced -1.2m -1,233,930
5 SCHRODER INVESTMENT MANAGEMENT GROUP 0.67% of their portfolio London, X0 25,221,13025.2m $861.6m $861.6m 0.67% Added +4.0m +3,991,714
6 FIL Ltd 0.66% of their portfolio HAMILTON, D0 24,465,11524.5m $835.7m $835.7m 0.66% Reduced -3.9m -3,914,883
7 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 22,244,81222.2m $759.9m $759.9m 0.05% Reduced -2.0m -1,952,590
8 FMR LLC 0.03% of their portfolio BOSTON, MA 15,895,03115.9m $543.0m $543.0m 0.03% Reduced -3.1m -3,052,373
9 FRANKLIN RESOURCES INC 0.12% of their portfolio San Mateo, CA 13,884,94313.9m $474.3m $474.3m 0.12% Added +409.9k +409,937
10 WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio Boston, MA 13,155,19613.2m $449.4m $449.4m 0.08% Reduced -383.2k -383,192
11 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 12,338,00612.3m $421.5m $421.5m 0.07% Reduced -106.4k -106,412
12 BROWN ADVISORY INC 0.53% of their portfolio BALTIMORE, MD 11,963,74812.0m $408.7m $408.7m 0.53% Added +1.2m +1,153,654
13 Robeco Institutional Asset Management B.V. 0.57% of their portfolio ROTTERDAM, P7 11,601,62811.6m $396.3m $396.3m 0.57% Added +2.3m +2,325,664
14 LAZARD ASSET MANAGEMENT LLC 0.53% of their portfolio NEW YORK, NY 11,476,76311.5m $392.0m $392.0m 0.53% Added +428.8k +428,839
15 Sustainable Growth Advisers, LP 2.18% of their portfolio STAMFORD, CT 10,914,95710.9m $372.9m $372.9m 2.18% Reduced -3.8m -3,818,409
16 Temasek Holdings (Private) Ltd 1.29% of their portfolio SINGAPORE, U0 10,873,38010.9m $371.4m $371.4m 1.29% Reduced -6.9m -6,917,944
17 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio Boston, MA 10,209,03410.2m $348.7m $348.7m 0.11% Reduced -589.0k -588,950
18 C WorldWide Group Holding A/S 4.93% of their portfolio COPENHAGEN, G7 9,362,8289.4m $319.8m $319.8m 4.93% Added +1.3m +1,327,182
19 Fiera Capital Corp 1.02% of their portfolio MONTREAL, A8 9,221,3569.2m $315.0m $315.0m 1.02% Reduced -325.5k -325,496
20 Fisher Asset Management, LLC 0.11% of their portfolio PLANO, TX 9,172,6949.2m $313.3m $313.3m 0.11% Added +99.0k +99,046
21 PineStone Asset Management Inc. 1.74% of their portfolio Montreal, A8 8,163,7348.2m $278.9m $278.9m 1.74% Added +14.8k +14,800
22 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio NEW YORK, NY 7,944,4037.9m $271.4m $271.4m 0.06% Added +7.8m +7,784,981
23 Kontiki Capital Management (HK) Ltd. 13.49% of their portfolio Hong Kong, K3 7,419,1437.4m $253.4m $253.4m 13.49% Reduced -96.2k -96,205
24 M&G PLC 1.26% of their portfolio London, X0 6,971,4777.0m $237.0m $237.0m 1.26% Added +155.6k +155,619
25 BAILLIE GIFFORD & CO 0.17% of their portfolio EDINBURGH, X0 6,806,8186.8m $232.5m $232.5m 0.17% Reduced -100.6k -100,600
26 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,363,9256.4m $217.4m $217.4m 0.02% Added +168.2k +168,229
27 Dodge & Cox 0.11% of their portfolio San Francisco, CA 6,214,8006.2m $212.3m $212.3m 0.11% Added +250.0k +250,000
28 SANDS CAPITAL MANAGEMENT, LLC 0.58% of their portfolio ARLINGTON, VA 6,190,7886.2m $211.5m $211.5m 0.58% Added +424.1k +424,118
29 Trinity Street Asset Management LLP 14.28% of their portfolio LONDON, X0 6,133,6006.1m $209.5m $209.5m 14.28% Reduced -392.8k -392,800
30 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 6,064,8336.1m $207.1m $207.1m 0.05% Added +736.5k +736,521
31 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,537,7165.5m $189.2m $189.2m 0.00% Reduced -274.7k -274,696
32 Clearbridge Investments, LLC 0.14% of their portfolio NEW YORK, NY 5,409,8795.4m $184.8m $184.8m 0.14% Added +384.1k +384,065
33 Russell Investments Group, Ltd. 0.21% of their portfolio Seattle, WA 5,394,8805.4m $184.3m $184.3m 0.21% Added +243.0k +242,986
34 ALTRINSIC GLOBAL ADVISORS LLC 6.74% of their portfolio Stamford, CT 5,335,7715.3m $182.3m $182.3m 6.74% Added +19.0k +18,961
35 Northcape Capital Pty Ltd 24.85% of their portfolio SYDNEY, C3 5,263,4435.3m $179.8m $179.8m 24.85% Reduced -367.5k -367,547
36 SEI INVESTMENTS CO 0.19% of their portfolio OAKS, PA 5,159,0635.2m $176.2m $176.2m 0.19% Reduced -102.8k -102,765
37 NATIXIS ADVISORS, LLC 0.25% of their portfolio Boston, MA 4,998,8065.0m $170.8m $170.8m 0.25% Added +215.9k +215,928
38 ROYAL LONDON ASSET MANAGEMENT LTD 0.35% of their portfolio UNITED KINGDOM, X0 4,816,1014.8m $164.5m $164.5m 0.35% Added +40.2k +40,215
39 Capital Research Global Investors 0.03% of their portfolio Los Angeles, CA 4,619,8444.6m $157.8m $157.8m 0.03% Added +5.4k +5,414
40 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 4,455,1494.5m $152.2m $152.2m 0.03% Reduced -6.0k -5,997
41 Artisan Partners Limited Partnership 0.21% of their portfolio Milwaukee, WI 4,363,8564.4m $149.1m $149.1m 0.21% Added +706.2k +706,180
42 CCLA Investment Management 2.38% of their portfolio LONDON, X0 4,352,4504.4m $149.0m $149.0m 2.38% Added +90.4k +90,388
43 Aikya Investment Management Ltd 41.39% of their portfolio LONDON, X0 4,328,7954.3m $147.9m $147.9m 41.39% Added +234.7k +234,683
44 Hardman Johnston Global Advisors LLC 7.17% of their portfolio Stamford, CT 4,269,6824.3m $145.9m $145.9m 7.17% Added +388.4k +388,434
45 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 4,226,6504.2m $144.4m $144.4m 0.02% Added +23.5k +23,540
46 Boston Partners 0.14% of their portfolio BOSTON, MA 4,070,8474.1m $139.1m $139.1m 0.14% Added +1.3m +1,254,591
47 PGGM Investments 2.10% of their portfolio ZEIST, P7 3,799,9083.8m $129.8m $129.8m 2.10% Unchanged
48 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,787,9503.8m $129.4m $129.4m 0.03% Added +892.8k +892,768
49 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 3,550,7423.6m $121.3m $121.3m 0.06% Added +93.4k +93,424
50 MANNING & NAPIER ADVISORS LLC 1.51% of their portfolio Fairport, NY 3,467,4593.5m $118.4m $118.4m 1.51% Added +15.9k +15,879
51 JARISLOWSKY, FRASER Ltd 0.62% of their portfolio MONTREAL, A8 3,317,1693.3m $113.3m $113.3m 0.62% Reduced -313.7k -313,727
52 Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio CHIYODA-KU, TOKYO, M0 3,236,5193.2m $110.6m $110.6m 0.06% Added +66.3k +66,263
53 Driehaus Capital Management LLC 0.78% of their portfolio Chicago, IL 3,205,3453.2m $109.5m $109.5m 0.78% Added +346.0k +346,023
54 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,079,5553.1m $105.2m $105.2m 0.00% Added +681.6k +681,573
55 BESSEMER GROUP INC 0.16% of their portfolio WOODBRIDGE, NJ 2,984,1043.0m $101.9m $101.9m 0.16% Reduced -476.1k -476,074
56 HSBC HOLDINGS PLC 0.06% of their portfolio LONDON, X0 2,968,5213.0m $100.9m $100.9m 0.06% Added +1.5m +1,517,115
57 Mawer Investment Management Ltd. 0.53% of their portfolio CALGARY, A0 2,968,4303.0m $101.4m $101.4m 0.53% Added +152.4k +152,384
58 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,896,2622.9m $98.9m $98.9m 0.02% Added +68.4k +68,402
59 Ninety One UK Ltd 0.10% of their portfolio London, X0 2,798,4742.8m $95.6m $95.6m 0.10% Added +1.4m +1,393,472
60 Nuveen, LLC 0.02% of their portfolio CHARLOTTE, NC 2,718,4722.7m $92.9m $92.9m 0.02% Reduced -759.0k -759,044
61 CIBC Private Wealth Group LLC 0.15% of their portfolio ATLANTA, GA 2,571,1242.6m $87.8m $87.8m 0.15% Added +90.4k +90,358
62 Rathbones Group PLC 0.35% of their portfolio Liverpool, X0 2,490,5302.5m $85.1m $85.1m 0.35% Added +1.9m +1,910,126
63 STEADFAST CAPITAL MANAGEMENT LP 1.51% of their portfolio NEW YORK, NY 2,442,4002.4m $83.4m $83.4m 1.51% Added +163.4k +163,400
64 Connor, Clark & Lunn Investment Management Ltd. 0.26% of their portfolio VANCOUVER, A1 2,431,7312.4m $83.1m $83.1m 0.26% Reduced -298.3k -298,347
65 Baird Financial Group, Inc. 0.13% of their portfolio MILWAUKEE, WI 2,407,9682.4m $82.3m $82.3m 0.13% Added +2.7k +2,690
66 EARNEST PARTNERS LLC 0.35% of their portfolio ATLANTA, GA 2,393,5662.4m $81.8m $81.8m 0.35% Reduced -25.1k -25,100
67 MARSHALL WACE, LLP 0.09% of their portfolio LONDON, X0 2,381,9542.4m $81.4m $81.4m 0.09% Added +1.7m +1,742,714
68 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 2,371,6892.4m $81.0m $81.0m 0.06% Added +153.8k +153,843
69 State of New Jersey Common Pension Fund D 0.30% of their portfolio TRENTON, NJ 2,369,3072.4m $80.9m $80.9m 0.30% Added +28.9k +28,861
70 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 2,368,9752.4m $80.9m $80.9m 0.04% Added +7.1k +7,121
71 Allspring Global Investments Holdings, LLC 0.12% of their portfolio CHARLOTTE, NC 2,284,5042.3m $77.2m $77.2m 0.12% Reduced -824.0k -824,008
72 Perpetual Ltd 0.94% of their portfolio SYDNEY, NEW SOUTH WALES, C3 2,226,9642.2m $76.1m $76.1m 0.94% Added +23.3k +23,296
73 1832 Asset Management L.P. 0.13% of their portfolio TORONTO, A6 2,213,1062.2m $75.6m $75.6m 0.13% Reduced -14.1k -14,094
74 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,015,2972.0m $68.8m $68.8m 0.02% Reduced -398.4k -398,353
75 Charles-Lim Capital Ltd 17.43% of their portfolio CENTRAL, K3 2,000,0002.0m $68.3m $68.3m 17.43% Reduced -1.0m -1,000,000
76 FLOSSBACH VON STORCH SE 0.27% of their portfolio COLOGNE, 2M 1,982,8102.0m $67.7m $67.7m 0.27% Added +31.5k +31,500
77 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 1,975,5832.0m $67.5m $67.5m 0.10% Reduced -47.8k -47,847
78 Intermede Investment Partners Ltd 2.89% of their portfolio LONDON, X0 1,955,0582.0m $66.8m $66.8m 2.89% Reduced -211.3k -211,312
79 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 1,841,3761.8m $62.9m $62.9m 0.04% Reduced -255.3k -255,304
80 MACKENZIE FINANCIAL CORP 0.08% of their portfolio TORONTO ONTARIO, A6 1,839,7581.8m $62.8m $62.8m 0.08% Added +12.2k +12,150
81 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,742,8231.7m $59.5m $59.5m 0.01% Reduced -174.6k -174,561
82 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.18% of their portfolio COLUMBUS, OH 1,703,3871.7m $58.2m $58.2m 0.18% Reduced -18.5k -18,529
83 Impax Asset Management Group plc 0.34% of their portfolio LONDON, X0 1,687,3801.7m $57.6m $57.6m 0.34% Reduced -216.6k -216,562
84 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,547,7971.5m $52.9m $52.9m 0.01% Added +681.0k +681,013
85 HUDSON EDGE INVESTMENT PARTNERS INC. 8.33% of their portfolio JERSEY CITY, NJ 1,506,2001.5m $51.5m $51.5m 8.33% Added +4.2k +4,200
86 OMERS ADMINISTRATION Corp 0.36% of their portfolio TORONTO, A6 1,474,0361.5m $50.4m $50.4m 0.36% Unchanged
87 Formuepleje A/S 2.81% of their portfolio AARHUS C, G7 1,454,9641.5m $49.7m $49.7m 2.81% Reduced -1.3m -1,293,758
88 Milestone Resources Group Ltd 2.35% of their portfolio DIFC, C0 1,369,2481.4m $46.8m $46.8m 2.35% Unchanged
89 DJE Kapital AG 2.53% of their portfolio 82049 PULLACH, 2M 1,366,4921.4m $104.0m $104.0m 2.53% Reduced -1.4m -1,366,492
90 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.16% of their portfolio DENVER, CO 1,288,8401.3m $44.0m $44.0m 0.16% Unchanged
91 Legal & General Group Plc 0.01% of their portfolio London, X0 1,242,5581.2m $42.4m $42.4m 0.01% Added +20.8k +20,762
92 PINEBRIDGE INVESTMENTS, L.P. 0.30% of their portfolio NEW YORK, NY 1,197,8001.2m $40.9m $40.9m 0.30% Unchanged
93 MEITAV INVESTMENT HOUSE LTD 0.54% of their portfolio BENE-BERAQ, L3 1,150,0001.1m $39.2m $39.2m 0.54% Unchanged
94 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,125,9551.1m $38.5m $38.5m 0.00% Reduced -799.1k -799,109
95 Mirae Asset Global Investments Co., Ltd. 0.12% of their portfolio SEOUL, M5 1,121,7831.1m $38.3m $38.3m 0.12% Reduced -660.0k -660,039
96 Aberdeen Group plc 0.06% of their portfolio EDINBURGH, X0 1,120,8131.1m $38.2m $38.2m 0.06% Reduced -67.5k -67,505
97 Valiant Capital Management, L.P. 3.36% of their portfolio San Francisco, CA 1,061,3961.1m $36.3m $36.3m 3.36% Reduced -358.6k -358,604
98 ARGA Investment Management, LP 0.95% of their portfolio STAMFORD, CT 1,053,7081.1m $36.0m $36.0m 0.95% Reduced -992.7k -992,694
99 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 1,036,3201.0m $35.4m $35.4m 0.04% Reduced -872.4k -872,426
100 BI Asset Management Fondsmaeglerselskab A/S 0.30% of their portfolio KOBENHAVN, G7 981,320981.3k $33.5m $33.5m 0.30% Added +53.2k +53,162