HDFC BANK LTD HDB
SPONSORED ADS · ADR · CUSIP 40415F101 · ISIN US40415F1012
Indian private sector bank
- SectorFinancials
- IndustryCommercial Banks, NEC
- HeadquartersMumbai, India
- Founded1994
- Websitehdfc.bank.in
- FilingsSEC EDGAR
* 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 ($123.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.89. Options: 11 managers hold calls ($11.0m notional), 13 hold puts ($30.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 482 |
| Q4 2022 | 513 |
| Q1 2023 | 524 |
| Q2 2023 | 540 |
| Q3 2023 | 537 |
| Q4 2023 | 563 |
| Q1 2024 | 570 |
| Q2 2024 | 574 |
| Q3 2024 | 603 |
| Q4 2024 | 636 |
| Q1 2025 | 633 |
| Q2 2025 | 644 |
| Q3 2025 | 640 |
| Q4 2025 | 663 |
| Q1 2026 | 606 |
| Q2 2026 | 556 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 314 | 236 |
| Q4 2024 | 312 | 254 |
| Q1 2025 | 284 | 316 |
| Q2 2025 | 325 | 280 |
| Q3 2025 | 300 | 299 |
| Q4 2025 | 305 | 285 |
| Q1 2026 | 240 | 399 |
| Q2 2026 | 233 | 339 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $9.9m | $38.9m | 3.93 |
| Q4 2025 | $10.9m | $39.2m | 3.61 |
| Q1 2026 | $10.9m | $23.3m | 2.14 |
| Q2 2026 | $11.0m | $30.3m | 2.74 |
Biggest buyers
| MORGAN STANLEY | Added | +22.5m |
| Orbis Allan Gray Ltd | Added | +7.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +7.2m |
| BANK OF AMERICA CORP /DE/ | Added | +6.7m |
| D. E. Shaw & Co., Inc. | Added | +6.0m |
| Black Creek Investment Management Inc. | New | +3.9m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +3.7m |
| Westwood Global Investments, LLC | Added | +3.3m |
| Assenagon Asset Management S.A. | Added | +3.0m |
| SG Americas Securities, LLC | Added | +3.0m |
Biggest sellers
| GQG Partners LLC | Sold out | -34.1m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -16.4m |
| Man Group plc | Reduced | -7.8m |
| Harding Loevner LP | Reduced | -3.6m |
| Rathbones Group PLC | Reduced | -3.0m |
| JANE STREET GROUP, LLC | Reduced | -2.9m |
| OMERS ADMINISTRATION Corp | Reduced | -2.9m |
| CITADEL ADVISORS LLC | Reduced | -2.6m |
| Point72 Asset Management, L.P. | Reduced | -1.7m |
| Holocene Advisors, LP | Sold out | -1.6m |
Biggest calls
| UBS Group AG | Added | $2.8m109.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m75.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m60.6k shares |
| JANE STREET GROUP, LLC | Added | $1.3m52.1k shares |
| Walleye Capital LLC | Added | $1.2m45.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $919.5k35.6k shares |
| IMC-Chicago, LLC | Reduced | $475.3k18.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $328.0k12.7k shares |
| Point72 Asset Management, L.P. | Added | $310.0k12.0k shares |
| GROUP ONE TRADING LLC | Reduced | $136.9k5.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.4m520.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $4.6m180.0k shares |
| JANE STREET GROUP, LLC | Added | $2.1m82.6k shares |
| IMC-Chicago, LLC | Added | $1.9m73.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.9m73.1k shares |
| Walleye Trading LLC | Added | $1.9m72.5k shares |
| CITADEL ADVISORS LLC | Added | $1.2m45.0k shares |
| Walleye Capital LLC | Added | $813.6k31.5k shares |
| SIMPLEX TRADING, LLC | Added | $710.3k27.5k shares |
| D. E. Shaw & Co., Inc. | New | $645.8k25.0k 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 since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | — | — |
| Q2 2026 | 0 | — | 2 | $189.6k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-07 | Srinivasan N Group Head - Operations · Equity Shares | Sold | $87.2k10.0k shares |
| 2026-04-28 | Parthasarthy Ashish Group Head - Treasury · Equity Shares | Sold | $48.7k5.6k shares |
| 2026-04-21 | Parthasarthy Ashish Group Head - Treasury · Equity Shares | Sold | $53.6k6.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.07% of their portfolio | 53.3m $1.4bn | Added +22.5m |
| ROYAL BANK OF CANADA 0.19% of their portfolio | 43.2m $1.1bn | Added +784.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.40% of their portfolio | 21.8m $564.7m | Reduced -720.5k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 19.1m $494.8m | Added +829.1k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 17.3m $445.6m | Added +6.7m |
| FIL Ltd 0.31% of their portfolio | 16.8m $433.4m | Added +59.9k |
| Temasek Holdings (Private) Ltd 1.08% of their portfolio | 15.3m $395.3m | Added +2.7m |
| Robeco Institutional Asset Management B.V. 0.47% of their portfolio | 14.7m $379.5m | Added +2.2m |
| Fisher Asset Management, LLC 0.09% of their portfolio | 11.7m $301.4m | Reduced -559.4k |
| LAZARD ASSET MANAGEMENT LLC 0.45% of their portfolio | 11.4m $295.0m | Added +482.2k |
| BROWN ADVISORY INC 0.45% of their portfolio | 11.3m $291.8m | Added +1.7m |
| Harding Loevner LP 2.70% of their portfolio | 11.2m $286.9m | Reduced -3.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 10.3m $264.8m | Reduced -836.1k |
| Invesco Ltd. 0.02% of their portfolio | 9.9m $254.8m | Reduced -905.6k |
| Orbis Allan Gray Ltd 0.84% of their portfolio | 9.4m $244.0m | Added +7.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio | 9.4m $283.6m | Reduced -195.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.43% of their portfolio | 8.9m $228.7m | Added +2.8m |
| Kontiki Capital Management (HK) Ltd. 14.27% of their portfolio | 8.4m $217.6m | Added +1.4m |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 8.4m $217.5m | Added +6.0m |
| Boston Partners 0.19% of their portfolio | 8.3m $214.4m | Added +483.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 7.5m $194.0m | Added +7.2m |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 7.3m $189.3m | Reduced -1.5m |
| C WorldWide Group Holding A/S 4.44% of their portfolio | 7.1m $184.1m | Reduced -205.8k |
| Dodge & Cox 0.09% of their portfolio | 6.7m $172.5m | Added +990.4k |
| Trinity Street Asset Management LLP 8.64% of their portfolio | 6.5m $167.7m | Reduced -1.2m |
| M&G PLC 0.84% of their portfolio | 6.5m $168.7m | Reduced -54.2k |
| BAILLIE GIFFORD & CO 0.15% of their portfolio | 6.4m $165.0m | Reduced -150.3k |
| SEI INVESTMENTS CO 0.14% of their portfolio | 6.2m $159.0m | Added +77.3k |
| ALTRINSIC GLOBAL ADVISORS LLC 5.55% of their portfolio | 5.9m $151.3m | Reduced -122.7k |
| 1832 Asset Management L.P. 0.18% of their portfolio | 5.8m $148.9m | Added +2.2m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 5.5m $142.4m | Added +486.6k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 5.4m $138.4m | Added +1.2m |
| FMR LLC 0.01% of their portfolio | 5.3m $137.2m | Reduced -975.9k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 5.1m $130.6m | Added +223.2k |
| Northcape Capital Pty Ltd 17.34% of their portfolio | 5.0m $128.6m | Added +285.0k |
| SG Americas Securities, LLC 0.07% of their portfolio | 4.9m $126.0m | Added +3.0m |
| NATIXIS ADVISORS, LLC 0.14% of their portfolio | 4.7m $120.9m | Added +450.0k |
| PGGM Investments 2.96% of their portfolio | 4.7m $120.3m | Added +382.4k |
| Westwood Global Investments, LLC 4.07% of their portfolio | 4.5m $116.0m | Added +3.3m |
| Clearbridge Investments, LLC 0.09% of their portfolio | 4.4m $114.8m | Added +48.9k |
| PineStone Asset Management Inc. 0.70% of their portfolio | 4.4m $113.1m | Added +597.5k |
| JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio | 4.3m $110.8m | Reduced -98.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 4.3m $110.4m | Added +3.7m |
| BlackRock, Inc. 0.00% of their portfolio | 4.2m $107.6m | Reduced -708.1k |
| Aikya Investment Management Ltd 30.95% of their portfolio | 4.1m $105.4m | Reduced -41.9k |
| Black Creek Investment Management Inc. 5.72% of their portfolio | 3.9m $102.0m | New |
| NINE MASTS CAPITAL Ltd 11.23% of their portfolio | 3.9m $100.9m | Added +2.0m |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 3.8m $99.2m | Added +660.3k |
| Sustainable Growth Advisers, LP 0.96% of their portfolio | 3.8m $98.1m | Reduced -1.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.42% of their portfolio | 3.8m $97.6m | Reduced -68.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.5m $91.3m | Added +635.4k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 3.5m $90.8m | Reduced -1.2m |
| Rathbones Group PLC 0.33% of their portfolio | 3.5m $90.3m | Reduced -3.0m |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 3.5m $90.2m | Added +3.0m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.3m $86.5m | Added +1.8m |
| JUPITER ASSET MANAGEMENT LTD 0.41% of their portfolio | 3.2m $82.8m | Reduced -182.7k |
| Mondrian Investment Partners LTD 1.21% of their portfolio | 3.0m $78.2m | Added +686.5k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 3.0m $77.5m | Added +902.6k |
| UBS Group AG 0.01% of their portfolio | 3.0m $76.8m | Added +129.6k |
| Nuveen, LLC 0.02% of their portfolio | 2.9m $76.1m | Added +213.8k |
| Artisan Partners Limited Partnership 0.12% of their portfolio | 2.8m $71.9m | Reduced -826.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 2.8m $71.8m | Added +80.6k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 2.7m $70.7m | Reduced -491.9k |
| Man Group plc 0.13% of their portfolio | 2.7m $70.5m | Reduced -7.8m |
| CIBC Bancorp USA Inc. 0.09% of their portfolio | 2.7m $69.3m | Reduced -56.9k |
| EARNEST PARTNERS LLC 0.25% of their portfolio | 2.6m $68.0m | Added +68.7k |
| Mawer Investment Management Ltd. 0.46% of their portfolio | 2.6m $67.8m | Reduced -60.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.19% of their portfolio | 2.5m $65.2m | Added +591.4k |
| State of New Jersey Common Pension Fund D 0.22% of their portfolio | 2.5m $65.2m | Reduced -48.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 2.5m $64.4m | Reduced -502.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.11% of their portfolio | 2.4m $62.3m | Reduced -247.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 2.4m $61.9m | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.4m $61.1m | Reduced -1.6m |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $59.8m | Reduced -845.0k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 2.2m $56.7m | Added +9.7k |
| L1 Capital Pty Ltd 1.91% of their portfolio | 2.2m $56.7m | Added +925.6k |
| Intermede Investment Partners Ltd 2.14% of their portfolio | 2.1m $48.3m | Added +202.6k |
| Ovata Capital Management Ltd 3.80% of their portfolio | 2.0m $50.6m | Reduced -14.1k |
| HUDSON EDGE INVESTMENT PARTNERS INC. 6.77% of their portfolio | 1.9m $49.5m | Reduced -115.8k |
| Charles-Lim Capital Ltd 15.16% of their portfolio | 1.9m $48.4m | Reduced -1.1m |
| TUDOR INVESTMENT CORP ET AL 0.19% of their portfolio | 1.8m $47.1m | Added +738.5k |
| BESSEMER GROUP INC 0.06% of their portfolio | 1.7m $43.9m | Added +70.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 1.7m $43.6m | Reduced -211.9k |
| PZENA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 1.6m $41.7m | Added +94.0k |
| North of South Capital LLP 3.03% of their portfolio | 1.6m $41.2m | New |
| Perpetual Ltd 0.57% of their portfolio | 1.6m $40.2m | Added +1.5k |
| Theleme Partners LLP 2.39% of their portfolio | 1.6m $40.2m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.5m $39.5m | Reduced -16.4m |
| Fiera Capital Corp 0.13% of their portfolio | 1.4m $35.9m | Reduced -1.5m |
| Milestone Resources Group Ltd 2.16% of their portfolio | 1.4m $35.4m | Unchanged |
| Aberdeen Group plc 0.05% of their portfolio | 1.4m $35.0m | Reduced -164.4k |
| ARGA Investment Management, LP 0.87% of their portfolio | 1.3m $34.1m | Reduced -38.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.11% of their portfolio | 1.2m $31.7m | Reduced -9.7k |
| Impax Asset Management Group plc 0.21% of their portfolio | 1.2m $31.6m | Reduced -51.2k |
| Capital Research Global Investors 0.00% of their portfolio | 1.2m $30.8m | Added +361 |
| Legal & General Group Plc 0.01% of their portfolio | 1.2m $29.8m | Added +907 |
| MEITAV INVESTMENT HOUSE LTD 0.20% of their portfolio | 1.1m $29.7m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $29.7m | Reduced -334.5k |
| Seafarer Capital Partners, LLC 6.83% of their portfolio | 1.1m $29.7m | Unchanged |
| FLOSSBACH VON STORCH SE 0.13% of their portfolio | 1.1m $29.4m | Reduced -663.5k |