HDFC Bank Ltd.-ADRHDB
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 630 institutions reported holding HDFC Bank Ltd.-ADR (HDB) in their 13F filings, down 5 from Q4 2024. 59 opened new positions and 61 sold out. The largest holders were Morgan Stanley ($1.1B), GQG Partners LLC ($1.1B) and FIL Ltd ($1.0B). 10 famous investors held it, including Paul Singer (0.4% of Elliott Investment Management's portfolio), Israel Englander (0.3% of Millennium Management's portfolio) and Lee Ainslie (0.2% of Maverick Capital's portfolio).
- Company
- HDFC Bank Ltd.-ADR
- CUSIP
- 40415F101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 59 | $258.0M |
| Exits | 61 | $312.2M |
All 13F filers, Q4 2024 → Q1 2025: 37,097,042 shares bought and 34,963,954 shares sold, net +2,133,088 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 630 holders
| Morgan Stanley | 0.08% | Reduce -30.2% | 17,282,265 | $1.1B |
| GQG Partners LLC | 1.71% | Add +105.5% | 16,196,992 | $1.1B |
| FIL Ltd | 0.99% | Reduce -9.9% | 15,742,210 | $1.0B |
| Harding Loevner LP | 7.39% | Reduce -4.3% | 14,524,682 | $965.2M |
| Royal Bank of Canada | 0.17% | Add +53.5% | 11,214,711 | $745.1M |
| JPMorgan Chase & Co. | 0.05% | Add +2.1% | 9,616,713 | $638.9M |
| Temasek Holdings (Private) Ltd | 2.39% | Add +4.0% | 8,895,662 | $591.0M |
| Schroder Investment Management Group | 0.60% | Add +27.3% | 8,922,465 | $590.0M |
| FMR LLC | 0.03% | Add +0.2% | 7,810,105 | $518.9M |
| Sustainable Growth Advisers, LP | 2.89% | Reduce -4.6% | 7,803,497 | $518.5M |
| Franklin Resources Inc. | 0.13% | Reduce -2.9% | 6,715,797 | $446.2M |
| Bank of America Corp. | 0.04% | Add +1.6% | 6,476,111 | $430.3M |
| Massachusetts Financial Services Co. | 0.14% | Add +32.9% | 6,250,093 | $415.3M |
| Invesco Ltd. | 0.08% | Add +1.6% | 6,048,960 | $401.9M |
| Fiera Capital Corp | 1.21% | Reduce -12.6% | 5,032,882 | $334.4M |
| Brown Advisory Inc. | 0.45% | Reduce -1.6% | 4,767,454 | $316.7M |
| Wellington Management Group LLP | 0.06% | Reduce -3.5% | 4,744,000 | $315.2M |
| C WorldWide Group Holding A/S | 3.85% | Add +3.0% | 4,667,377 | $310.1M |
| Lazard Asset Management LLC | 0.50% | Add +3.2% | 4,521,568 | $300.4M |
| Robeco Institutional Asset Management B.V. | 0.55% | Add +26.9% | 4,289,688 | $285.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.07% | Add +3715.5% | 4,199,717 | $279.0M |
| PineStone Asset Management Inc. | 1.99% | Add +22.4% | 3,969,039 | $263.7M |
| Millennium Management | 0.26% | Reduce -0.6% | 3,822,519 | $254.0M |
| Kontiki Capital Management (HK) Ltd. | 17.85% | Add +3.4% | 3,733,854 | $248.1M |
| Trinity Street Asset Management LLP | 24.49% | Reduce -0.9% | 3,642,000 | $242.0M |
| Baillie Gifford & Co. | 0.21% | Reduce -1.5% | 3,562,073 | $236.7M |
| National Bank of Canada | 0.27% | Add +81.3% | 3,483,173 | $231.4M |
| Fisher Asset Management | 0.09% | Reduce -17.1% | 3,242,792 | $215.5M |
| Dodge & Cox | 0.12% | Reduce -1.2% | 3,232,300 | $214.8M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.44% | Add +62.2% | 3,004,700 | $199.6M |
| Sands Capital Management, LLC | 0.66% | Add +1.2% | 2,911,190 | $193.4M |
| Martin Currie Ltd. | 7.70% | Reduce -2.9% | 2,872,652 | $190.9M |
| BlackRock, Inc. | 0.00% | Reduce -15.1% | 2,728,021 | $181.2M |
| Ameriprise Financial Inc. | 0.05% | Add +0.5% | 2,714,623 | $180.4M |
| Nuveen, LLC | 0.05% | — | 2,684,262 | $178.3M |
| Altrinsic Global Advisors LLC | 8.34% | Reduce -6.1% | 2,543,758 | $169.0M |
| Russell Investments Group, Ltd. | 0.23% | Add +4.9% | 2,541,113 | $168.8M |
| Capital Research Global Investors | 0.04% | Reduce -0.0% | 2,509,621 | $166.7M |
| Sei Investments Co. | 0.21% | Add +24.1% | 2,437,518 | $161.9M |
| Hardman Johnston Global Advisors LLC | 7.14% | Reduce -15.1% | 2,250,824 | $149.5M |
| Bank of New York Mellon Corp | 0.03% | Reduce -0.6% | 2,245,746 | $149.2M |
| Natixis Advisors, LLC | 0.27% | Add +20.6% | 2,238,560 | $148.7M |
| Royal London Asset Management Ltd. | 0.34% | Reduce -1.0% | 2,152,609 | $143.0M |
| Manning & Napier Advisors LLC | 1.75% | Reduce -8.3% | 2,137,852 | $142.0M |
| UBS Group AG | 0.03% | Reduce -28.2% | 2,104,138 | $139.8M |
| Capital World Investors | 0.02% | Reduce -63.6% | 2,103,242 | $139.7M |
| Aikya Investment Management Ltd | 49.79% | Reduce -0.6% | 2,021,459 | $134.3M |
| CCLA Investment Management | 2.35% | Add +3.7% | 2,000,621 | $132.9M |
| Clearbridge Investments, LLC | 0.11% | Add +3.7% | 1,944,438 | $129.2M |
| Artisan Partners Limited Partnership | 0.20% | Reduce -1.6% | 1,829,319 | $121.5M |
| JARISLOWSKY, FRASER Ltd | 0.74% | Add +4.2% | 1,768,877 | $117.5M |
| Charles-Lim Capital Ltd | 34.26% | Reduce -30.0% | 1,750,000 | $116.3M |
| Allspring Global Investments Holdings, LLC | 0.20% | Reduce -22.1% | 1,768,064 | $115.4M |
| ARGA Investment Management, LP | 3.46% | Add +7.2% | 1,553,975 | $103.2M |
| LMR Partners LLP | 2.70% | Reduce -15.9% | 1,470,906 | $97.7M |
| State Street Corp. | 0.00% | Add +7.4% | 1,378,671 | $91.6M |
| Citigroup Inc. | 0.07% | Add +21.9% | 1,374,487 | $91.3M |
| Formuepleje A/S | 5.21% | Add +64.0% | 1,374,361 | $91.3M |
| Mawer Investment Management Ltd. | 0.44% | Reduce -3.4% | 1,369,370 | $91.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.38% | Add +2.9% | 1,318,530 | $87.6M |
| Sumitomo Mitsui Trust Group, Inc. | 0.06% | Reduce -0.7% | 1,317,346 | $87.5M |
| Dimensional Fund Advisors LP | 0.02% | Add +24.1% | 1,314,583 | $87.3M |
| Steadfast Capital Management LP | 2.37% | Add +583.1% | 1,258,200 | $83.6M |
| Earnest Partners LLC | 0.39% | Add +2.3% | 1,234,984 | $82.1M |
| 1832 Asset Management L.P. | 0.15% | Reduce -6.8% | 1,198,179 | $79.6M |
| M&G PLC | 0.52% | Reduce -5.8% | 1,199,105 | $79.1M |
| Eminence Capital, LP | 1.32% | Add +18.9% | 1,186,551 | $78.8M |
| Intermede Investment Partners Ltd | 2.46% | Reduce -7.8% | 1,175,295 | $78.1M |
| William Blair Investment Management, LLC | 0.22% | Reduce -53.4% | 1,159,298 | $77.0M |
| State of New Jersey Common Pension Fund D | 0.35% | Add +10.3% | 1,156,398 | $76.8M |
| CIBC Private Wealth Group LLC | 0.16% | Add +5.2% | 1,198,407 | $76.5M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -4.7% | 1,148,586 | $76.3M |
| American Century Companies Inc. | 0.05% | Reduce -12.4% | 1,117,102 | $74.2M |
| Egerton Capital (UK) LLP | 0.86% | Reduce -2.1% | 1,116,493 | $74.2M |
| Northern Trust Corp. | 0.01% | Add +8.4% | 1,100,540 | $73.1M |
| Mirae Asset Global Investments Co., Ltd. | 0.30% | Add +1.2% | 1,088,485 | $72.6M |
| Perpetual Ltd | 0.87% | Reduce -4.8% | 1,086,607 | $72.2M |
| Mondrian Investment Partners LTD | 1.20% | Add +1.3% | 1,057,182 | $70.2M |
| Flossbach Von Storch SE | 0.30% | Add +1.6% | 1,049,520 | $69.7M |
| T. Rowe Price Associates Inc. | 0.01% | Add +2.7% | 1,038,704 | $69.0M |
| Impax Asset Management Group plc | 0.41% | Reduce -66.8% | 1,041,998 | $68.5M |
| Baird Financial Group, Inc. | 0.13% | Add +6.4% | 1,020,428 | $67.8M |
| Two Sigma Advisers, LP | 0.14% | New | 958,200 | $63.7M |
| Two Creeks Capital Management, LP | 4.05% | Add +0.2% | 954,614 | $63.4M |
| Mackenzie Financial Corp. | 0.09% | Reduce -0.8% | 938,162 | $62.3M |
| Public Employees Retirement System of Ohio | 0.22% | Add +29.9% | 926,620 | $61.6M |
| Janus Henderson Group PLC | 0.03% | Reduce -4.7% | 927,847 | $61.4M |
| Goldman Sachs Group Inc. | 0.01% | Add +1.5% | 883,855 | $58.7M |
| Hudson Edge Investment Partners Inc. | 11.57% | Reduce -1.3% | 856,500 | $56.9M |
| Deutsche Bank AG | 0.02% | Reduce -30.6% | 839,705 | $55.8M |
| Indus Capital Partners, LLC | 52.36% | Reduce -8.3% | 834,677 | $55.5M |
| Ovata Capital Management Ltd | 20.73% | Add +18.5% | 817,880 | $54.6M |
| Marshall Wace, LLP | 0.07% | Add +116.1% | 792,555 | $52.7M |
| DJE Kapital AG | 1.54% | Reduce -6.8% | 789,218 | $52.1M |
| HSBC Holdings PLC | 0.03% | Reduce -31.3% | 759,871 | $50.0M |
| OMERS ADMINISTRATION Corp | 0.43% | No change | 737,018 | $49.0M |
| PGGM Investments | 0.62% | Add +30.7% | 693,362 | $46.1M |
| Valiant Capital Management, L.P. | 4.86% | Add +30.4% | 678,600 | $45.1M |
| Elliott Investment Management | 0.41% | No change | 670,215 | $44.5M |
| Polen Capital Management LLC | 0.14% | Reduce -15.9% | 651,063 | $43.3M |
"% of holder's portfolio" is HDB's weight in each manager's 13F, not the share of HDFC Bank Ltd.-ADR the manager owns.