Vault-13

ICICI BANK LIMITED IBN

ADR · ADR · CUSIP 45104G104 · ISIN US45104G1040

Indian multinational Bank

589 institutional holders +36 vs Q3 2025
627,689,616627.7m shares reported held*
$18.7bnreported value*
62 new 201 added 208 reduced 51 sold out net sold ≈ $615.4m (-19.4m 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 ($27.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.82. Options: 13 managers hold calls ($30.0m notional), 12 hold puts ($24.7m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 401Q4 22: 469Q1 23: 457Q2 23: 460Q3 23: 458Q4 23: 515Q1 24: 512Q2 24: 535Q3 24: 535Q4 24: 556Q1 25: 548Q2 25: 572Q3 25: 553Q4 25: 589589Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022401
Q4 2022469
Q1 2023457
Q2 2023460
Q3 2023458
Q4 2023515
Q1 2024512
Q2 2024535
Q3 2024535
Q4 2024556
Q1 2025548
Q2 2025572
Q3 2025553
Q4 2025589

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 237 bought or addedQ1 24: 239 cut or sold outQ2 24: 268 bought or addedQ2 24: 217 cut or sold outQ2 24Q3 24: 220 bought or addedQ3 24: 279 cut or sold outQ4 24: 215 bought or addedQ4 24: 288 cut or sold outQ4 24Q1 25: 241 bought or addedQ1 25: 269 cut or sold outQ2 25: 295 bought or addedQ2 25: 234 cut or sold outQ2 25Q3 25: 267 bought or addedQ3 25: 261 cut or sold outQ4 25: 263 bought or addedQ4 25: 259 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024237239
Q2 2024268217
Q3 2024220279
Q4 2024215288
Q1 2025241269
Q2 2025295234
Q3 2025267261
Q4 2025263259

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 25 calls: $91.8mQ1 25 puts: $56.5mQ1 25P/C 0.62Q2 25 calls: $108.0mQ2 25 puts: $62.4mQ2 25P/C 0.58Q3 25 calls: $46.8mQ3 25 puts: $24.6mQ3 25P/C 0.53Q4 25 calls: $30.0mQ4 25 puts: $24.7mQ4 25P/C 0.82
Numbers
QuarterCallsPutsP/C
Q1 2025$91.8m$56.5m0.62
Q2 2025$108.0m$62.4m0.58
Q3 2025$46.8m$24.6m0.53
Q4 2025$30.0m$24.7m0.82

Biggest buyers

D. E. Shaw & Co., Inc. Added +5,892,309+5.9m
North of South Capital LLP Added +4,150,207+4.2m
MORGAN STANLEY Added +3,974,437+4.0m
GOLDMAN SACHS GROUP INC Added +3,301,084+3.3m
DEUTSCHE BANK AG\ Added +3,044,569+3.0m
Temasek Holdings (Private) Ltd Added +2,964,312+3.0m
BlackRock, Inc. Added +2,715,617+2.7m
TWO SIGMA INVESTMENTS, LP Added +2,598,602+2.6m
CITADEL ADVISORS LLC Added +2,544,430+2.5m
Man Group plc Added +2,331,490+2.3m

Biggest sellers

JPMORGAN CHASE & CO Reduced -21,472,269-21.5m
Ninety One UK Ltd Reduced -9,673,901-9.7m
Capital International Investors Reduced -7,239,528-7.2m
ROYAL BANK OF CANADA Reduced -6,666,615-6.7m
FIL Ltd Reduced -3,330,314-3.3m
AXIOM INVESTORS LLC /DE Reduced -3,237,115-3.2m
AGF MANAGEMENT LTD Reduced -3,218,357-3.2m
Carrhae Capital LLP Reduced -2,009,787-2.0m
Invesco Ltd. Reduced -1,763,768-1.8m
Vontobel Holding Ltd. Reduced -1,760,699-1.8m

Biggest calls

GOLDMAN SACHS GROUP INC Unchanged $3.6m120.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.6m120.0k shares
PEAK6 LLC Added $3.3m110.0k shares
JPMORGAN CHASE & CO Reduced $3.2m107.5k shares
GROUP ONE TRADING LLC Reduced $3.0m101.6k shares
CITADEL ADVISORS LLC Reduced $2.9m98.1k shares
SIMPLEX TRADING, LLC Reduced $2.7m89.6k shares
JANE STREET GROUP, LLC Reduced $2.0m68.5k shares
HSBC HOLDINGS PLC Added $1.5m51.0k shares
UBS Group AG Unchanged $1.5m49.9k shares

Biggest puts

UBS Group AG Unchanged $8.4m282.2k shares
CITADEL ADVISORS LLC Added $4.2m140.1k shares
GROUP ONE TRADING LLC Reduced $2.7m89.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.2m72.9k shares
PEAK6 LLC Reduced $1.6m54.8k shares
IMC-Chicago, LLC Added $1.5m49.5k shares
HSBC HOLDINGS PLC Added $1.4m47.8k shares
Walleye Capital LLC New $902.9k30.3k shares
Verition Fund Management LLC Reduced $858.2k28.8k shares
Walleye Trading LLC Reduced $497.7k16.7k 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 Q4 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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GQG Partners LLC 3.66% of their portfolio FT. LAUDERDALE, FL 74,633,83974.6m $2.2bn $2.2bn 3.66% Reduced -998.2k -998,186
2 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 53,772,85853.8m $1.6bn $1.6bn 0.10% Added +4.0m +3,974,437
3 WCM INVESTMENT MANAGEMENT, LLC 3.28% of their portfolio LAGUNA BEACH, CA 53,308,52853.3m $1.6bn $1.6bn 3.28% Reduced -859.1k -859,080
4 Temasek Holdings (Private) Ltd 2.81% of their portfolio SINGAPORE, U0 29,195,78929.2m $870.0m $870.0m 2.81% Added +3.0m +2,964,312
5 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 21,643,51721.6m $645.0m $645.0m 0.06% Reduced -1.8m -1,763,768
6 Robeco Institutional Asset Management B.V. 0.79% of their portfolio ROTTERDAM, P7 18,680,41218.7m $556.7m $556.7m 0.79% Reduced -292.5k -292,509
7 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 15,422,84115.4m $459.6m $459.6m 0.03% Reduced -21.5m -21,472,269
8 Capital International Investors 0.06% of their portfolio Los Angeles, CA 13,070,45213.1m $389.5m $389.5m 0.06% Reduced -7.2m -7,239,528
9 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 11,733,33611.7m $349.7m $349.7m 0.07% Added +135.9k +135,945
10 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 9,638,8699.6m $287.2m $287.2m 0.04% Added +3.3m +3,301,084
11 Ninety One UK Ltd 0.60% of their portfolio London, X0 9,338,2239.3m $278.3m $278.3m 0.60% Reduced -9.7m -9,673,901
12 Man Group plc 0.52% of their portfolio LONDON, X0 9,070,2569.1m $270.3m $270.3m 0.52% Added +2.3m +2,331,490
13 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 9,042,6929.0m $269.5m $269.5m 0.02% Reduced -313.6k -313,559
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 8,438,1588.4m $251.5m $251.5m 0.00% Added +2.7m +2,715,617
15 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 8,345,4678.3m $248.7m $248.7m 0.01% Reduced -109.1k -109,126
16 Milestone Resources Group Ltd 11.52% of their portfolio DIFC, C0 7,890,4227.9m $235.1m $235.1m 11.52% Unchanged
17 SCHRODER INVESTMENT MANAGEMENT GROUP 0.17% of their portfolio London, X0 7,547,7267.5m $224.9m $224.9m 0.17% Reduced -350.6k -350,552
18 FIL Ltd 0.17% of their portfolio HAMILTON, D0 7,481,7277.5m $223.0m $223.0m 0.17% Reduced -3.3m -3,330,314
19 North of South Capital LLP 19.79% of their portfolio LONDON, X0 7,388,4407.4m $220.2m $220.2m 19.79% Added +4.2m +4,150,207
20 HSBC HOLDINGS PLC 0.06% of their portfolio LONDON, X0 7,215,1067.2m $214.9m $214.9m 0.06% Added +561.2k +561,226
21 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 6,774,9636.8m $201.9m $201.9m 0.02% Added +22.5k +22,487
22 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 6,389,6246.4m $190.4m $190.4m 0.05% Reduced -67.6k -67,615
23 BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio PARIS, I0 6,128,0576.1m $182.6m $182.6m 0.12% Reduced -44.9k -44,937
24 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 6,016,4026.0m $179.3m $179.3m 0.03% Added +2.1m +2,108,258
25 D. E. Shaw & Co., Inc. 0.13% of their portfolio New York, NY 5,920,2095.9m $176.4m $176.4m 0.13% Added +5.9m +5,892,309
26 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 5,917,3025.9m $176.3m $176.3m 0.06% Added +3.0m +3,044,569
27 Hardman Johnston Global Advisors LLC 7.85% of their portfolio Stamford, CT 5,526,6175.5m $164.7m $164.7m 7.85% Reduced -209.4k -209,354
28 AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio KANSAS CITY, MO 5,344,5405.3m $159.3m $159.3m 0.08% Reduced -134.6k -134,590
29 Ashoka WhiteOak Capital Pte Ltd 60.65% of their portfolio Singapore, U0 5,338,2245.3m $159.3m $159.3m 60.65% Added +1.2m +1,198,461
30 AMANSA CAPITAL PTE. LTD. 54.75% of their portfolio RAFFLES CITY TOWER, U0 5,000,0005.0m $149.0m $149.0m 54.75% Reduced -1.0m -1,000,000
31 Daiwa Securities Group Inc. 0.47% of their portfolio CHIYODA-KU,TOKYO, M0 4,862,6314.9m $144.9m $144.9m 0.47% Added +216.3k +216,302
32 BAILLIE GIFFORD & CO 0.12% of their portfolio EDINBURGH, X0 4,709,3024.7m $140.3m $140.3m 0.12% Reduced -175.2k -175,225
33 EARNEST PARTNERS LLC 0.58% of their portfolio ATLANTA, GA 4,518,9794.5m $134.7m $134.7m 0.58% Added +403.2k +403,177
34 Alua Capital Management LP 9.07% of their portfolio NEW YORK, NY 4,105,7174.1m $122.4m $122.4m 9.07% Unchanged
35 Driehaus Capital Management LLC 0.82% of their portfolio Chicago, IL 4,063,4524.1m $121.1m $121.1m 0.82% Reduced -1.3m -1,295,814
36 TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio NEW YORK, NY 4,032,2124.0m $120.2m $120.2m 0.18% Added +2.6m +2,598,602
37 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio BOSTON, MA 4,020,4154.0m $119.8m $119.8m 0.07% Added +168.0k +168,017
38 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,953,4044.0m $117.8m $117.8m 0.02% Added +809.6k +809,649
39 LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 3,860,9223.9m $115.1m $115.1m 0.20% Reduced -243.5k -243,489
40 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 3,646,4513.6m $108.7m $108.7m 0.11% Reduced -710.3k -710,301
41 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 3,638,3863.6m $108.4m $108.4m 0.01% Reduced -63.2k -63,208
42 Clearbridge Investments, LLC 0.09% of their portfolio NEW YORK, NY 3,605,7573.6m $107.5m $107.5m 0.09% Reduced -217.4k -217,446
43 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.35% of their portfolio JUPITER, FL 3,304,1073.3m $98.5m $98.5m 0.35% Added +564.3k +564,301
44 SEI INVESTMENTS CO 0.10% of their portfolio OAKS, PA 3,270,1433.3m $97.5m $97.5m 0.10% Added +1.1m +1,099,568
45 Connor, Clark & Lunn Investment Management Ltd. 0.25% of their portfolio VANCOUVER, A1 3,150,2363.2m $93.9m $93.9m 0.25% Added +234.8k +234,822
46 MARSHALL WACE, LLP 0.08% of their portfolio LONDON, X0 2,945,8502.9m $87.8m $87.8m 0.08% Added +293.7k +293,651
47 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 2,920,1052.9m $87.0m $87.0m 0.06% Added +2.5m +2,544,430
48 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,888,9452.9m $86.1m $86.1m 0.02% Reduced -531.2k -531,215
49 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 2,829,1632.8m $84.3m $84.3m 0.09% Added +199.6k +199,631
50 Pictet Asset Management Holding SA 0.08% of their portfolio CAROUGE, V8 2,798,5482.8m $83.4m $83.4m 0.08% Added +22.2k +22,214
51 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,784,7852.8m $83.0m $83.0m 0.02% Reduced -210.5k -210,497
52 Vontobel Holding Ltd. 0.26% of their portfolio ZURICH, V8 2,692,5562.7m $80.2m $80.2m 0.26% Reduced -1.8m -1,760,699
53 LMR Partners LLP 0.76% of their portfolio LONDON, X0 2,666,4142.7m $79.5m $79.5m 0.76% Added +2.2m +2,164,680
54 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 2,586,1772.6m $77.1m $77.1m 0.03% Added +895.9k +895,850
55 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio TORONTO, A6 2,413,8002.4m $71.9m $71.9m 0.12% Added +400.0k +400,000
56 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 2,385,9982.4m $71.1m $71.1m 0.13% Reduced -691.4k -691,434
57 FMR LLC 0.00% of their portfolio BOSTON, MA 2,262,4542.3m $67.4m $67.4m 0.00% Reduced -22.9k -22,917
58 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 2,241,9352.2m $66.8m $66.8m 0.05% Reduced -361.6k -361,625
59 Qube Research & Technologies Ltd 0.09% of their portfolio LONDON, X0 2,222,6992.2m $66.2m $66.2m 0.09% Added +892.5k +892,480
60 Formuepleje A/S 3.73% of their portfolio AARHUS C, G7 2,096,7222.1m $62.5m $62.5m 3.73% Reduced -237.3k -237,277
61 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio FRANKFURT AM MAIN, 2M 2,082,3772.1m $62.1m $62.1m 0.05% Reduced -221.4k -221,357
62 Carrhae Capital LLP 3.96% of their portfolio London, X0 1,992,7662.0m $59.4m $59.4m 3.96% Reduced -2.0m -2,009,787
63 C WorldWide Group Holding A/S 1.04% of their portfolio COPENHAGEN, G7 1,992,0682.0m $59.4m $59.4m 1.04% Reduced -416.0k -416,009
64 ACADIAN ASSET MANAGEMENT LLC 0.10% of their portfolio Boston, MA 1,942,5301.9m $57.9m $57.9m 0.10% Reduced -481.1k -481,113
65 AXIOM INVESTORS LLC /DE 0.48% of their portfolio GREENWICH, CT 1,840,9701.8m $54.9m $54.9m 0.48% Reduced -3.2m -3,237,115
66 PANAGORA ASSET MANAGEMENT INC 0.19% of their portfolio BOSTON, MA 1,829,6961.8m $54.5m $54.5m 0.19% Added +241.0k +240,996
67 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 1,783,6981.8m $53.2m $53.2m 0.02% Added +248.8k +248,826
68 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 1,768,1691.8m $52.7m $52.7m 0.03% Reduced -53.6k -53,578
69 Cullen Capital Management, LLC 0.57% of their portfolio New York, NY 1,747,3871.7m $52.1m $52.1m 0.57% Added +17.6k +17,572
70 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 1,703,5111.7m $50.8m $50.8m 0.06% Added +1.4m +1,400,015
71 Charles-Lim Capital Ltd 13.14% of their portfolio CENTRAL, K3 1,625,0001.6m $48.4m $48.4m 13.14% Reduced -625.0k -625,000
72 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio CHICAGO, IL 1,605,8411.6m $47.8m $47.8m 0.13% Reduced -291.6k -291,592
73 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 1,467,7331.5m $43.7m $43.7m 0.07% Added +1.4m +1,390,733
74 NOMURA ASSET MANAGEMENT CO LTD 0.11% of their portfolio TOKYO, M0 1,467,1501.5m $43.7m $43.7m 0.11% Reduced -59.7k -59,654
75 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 1,334,5851.3m $39.8m $39.8m 0.05% Added +294.2k +294,188
76 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,325,4201.3m $39.5m $39.5m 0.01% Reduced -6.7m -6,666,615
77 Think Investments LP 4.92% of their portfolio San Francisco, CA 1,292,2001.3m $38.5m $38.5m 4.92% Unchanged
78 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 1,234,0001.2m $36.8m $36.8m 0.07% Added +1.2m +1,222,200
79 MACKENZIE FINANCIAL CORP 0.04% of their portfolio TORONTO ONTARIO, A6 1,220,9071.2m $36.4m $36.4m 0.04% Reduced -171.4k -171,356
80 Assenagon Asset Management S.A. 0.05% of their portfolio SENNINGERBERG, N4 1,215,8681.2m $36.2m $36.2m 0.05% Added +227.4k +227,400
81 E. Ohman J:or Asset Management AB 0.80% of their portfolio STOCKHOLM, V7 1,156,1081.2m $34.5m $34.5m 0.80% Reduced -23.0k -22,953
82 BSN CAPITAL PARTNERS Ltd 1.64% of their portfolio 1,150,0001.1m $34.8m $34.8m 1.64% New
83 Perpetual Ltd 0.49% of their portfolio SYDNEY, NEW SOUTH WALES, C3 1,146,2321.1m $34.2m $34.2m 0.49% Reduced -28.5k -28,484
84 NATIXIS ADVISORS, LLC 0.05% of their portfolio Boston, MA 1,103,0361.1m $32.9m $32.9m 0.05% Reduced -96.0k -96,044
85 Amundi 0.01% of their portfolio Paris, I0 1,073,3251.1m $32.0m $32.0m 0.01% Reduced -18.9k -18,914
86 Main Street Research LLC 1.74% of their portfolio SAUSALITO, CA 1,022,1311.0m $30.5m $30.5m 1.74% Reduced -29.8k -29,783
87 GILDER GAGNON HOWE & CO LLC 0.31% of their portfolio New York, NY 996,262996.3k $29.7m $29.7m 0.31% Reduced -23.5k -23,481
88 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 960,233960.2k $28.6m $28.6m 0.00% Reduced -18.1k -18,125
89 EDMOND DE ROTHSCHILD HOLDING S.A. 0.38% of their portfolio CHAMBESY, V8 890,335890.3k $26.5m $26.5m 0.38% Added +57.2k +57,152
90 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 879,789879.8k $26.2m $26.2m 0.03% Added +166.5k +166,490
91 Holocene Advisors, LP 0.05% of their portfolio New York, NY 846,579846.6k $25.2m $25.2m 0.05% New
92 ALPS ADVISORS INC 0.14% of their portfolio Denver, CO 835,000835.0k $24.9m $24.9m 0.14% Unchanged
93 EFG International AG 0.47% of their portfolio Zurich, V8 823,406823.4k $24.6m $24.6m 0.47% First filing
94 Border to Coast Pensions Partnership Ltd 0.41% of their portfolio LEEDS, X0 780,177780.2k $23.3m $23.3m 0.41% Reduced -89.4k -89,365
95 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 735,814735.8k $21.9m $21.9m 0.03% New
96 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 735,389735.4k $21.9m $21.9m 0.01% Added +32.6k +32,570
97 PRUDENTIAL PLC 0.17% of their portfolio LONDON, X0 725,100725.1k $21.6m $21.6m 0.17% Added +49.0k +49,000
98 Jump Financial, LLC 0.26% of their portfolio Chicago, IL 683,794683.8k $20.4m $20.4m 0.26% New
99 Crestwood Capital Management, L.P. 12.81% of their portfolio NEW YORK, NY 678,900678.9k $20.2m $20.2m 12.81% Unchanged
100 New Vernon Capital Holdings II LLC 9.54% of their portfolio Morristown, NJ 675,644675.6k $20.1m $20.1m 9.54% Reduced -148.7k -148,699