Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HDB held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 42.4M | $1.06B | +6.3% | 0.827% | 0.19% |
| 2 | GQG Partners LLC | 34.1M | $848.3M | -35.6% | 0.665% | 1.34% |
| 3 | MORGAN STANLEY | 30.8M | $766.5M | +42.0% | 0.601% | 0.05% |
| 4 | SCHRODER INVESTMENT MANAGEMENT GROUP | 22.5M | $560.1M | -14.3% | 0.439% | 0.46% |
| 5 | PRINCIPAL FINANCIAL GROUP INC | 18.0M | $447.3M | +16808.5% | 0.350% | 0.24% |
| 6 | FIL Ltd | 16.7M | $415.9M | -28.3% | 0.326% | 0.32% |
| 7 | HARDING LOEVNER LP | 14.9M | $369.7M | -41.0% | 0.290% | 3.80% |
| 8 | Temasek Holdings (Private) Ltd | 12.6M | $312.5M | +15.5% | 0.245% | 1.03% |
| 9 | Robeco Institutional Asset Management B.V. | 12.5M | $311.6M | +1.1% | 0.244% | 0.44% |
| 10 | Fisher Asset Management, LLC | 12.2M | $304.3M | +3.2% | 0.238% | 0.10% |
| 11 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 9.6M | $276.0M | -6.2% | 0.188% | 0.09% |
| 12 | WELLINGTON MANAGEMENT GROUP LLP | 11.1M | $275.8M | -3.0% | 0.216% | 0.05% |
| 13 | LAZARD ASSET MANAGEMENT LLC | 10.9M | $272.1M | -12.3% | 0.213% | 0.45% |
| 14 | Invesco Ltd. | 10.8M | $268.0M | -11.7% | 0.210% | 0.04% |
| 15 | BANK OF AMERICA CORP /DE/ | 10.5M | $262.5M | +40.7% | 0.206% | 0.02% |
| 16 | Man Group plc | 10.5M | $261.1M | +130.6% | 0.205% | 0.48% |
| 17 | BROWN ADVISORY INC | 9.6M | $238.0M | -19.8% | 0.186% | 0.39% |
| 18 | FRANKLIN RESOURCES INC | 8.8M | $219.6M | -33.6% | 0.172% | 0.05% |
| 19 | Boston Partners | 7.8M | $194.5M | +19.9% | 0.152% | 0.20% |
| 20 | Trinity Street Asset Management LLP | 7.7M | $192.2M | +27.3% | 0.151% | 13.18% |
| 21 | Kontiki Capital Management (HK) Ltd. | 7.0M | $174.9M | -4.5% | 0.137% | 12.26% |
| 22 | M&G Plc | 6.5M | $163.6M | -3.8% | 0.128% | 0.85% |
| 23 | BAILLIE GIFFORD & CO | 6.5M | $162.7M | +13.8% | 0.128% | 0.17% |
| 24 | FMR LLC | 6.3M | $156.5M | -51.1% | 0.123% | 0.01% |
| 25 | SEI INVESTMENTS CO | 6.1M | $151.2M | -6.1% | 0.119% | 0.14% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in HDB β a direct measure of their conviction.
Filings activity in HDB during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new HDB position in Q1 2026
Institutions that fully closed their HDB position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 594 | 6.8% | 11.87% | 6.60 pp | $14.72B | 36% |
| Q4 2025 | 637 | +2.7% | 18.47% | +0.89 pp | $22.90B | +5.1% |
| Q3 2025 | 620 | 1.4% | 17.58% | 1.76 pp | $21.80B | 9.1% |
| Q2 2025 | 629 | +4.3% | 19.34% | +2.40 pp | $23.98B | +14% |
| Q1 2025 | 603 | +0.3% | 16.94% | +1.01 pp | $21.01B | +6.4% |
| Q4 2024 | 601 | +3.4% | 15.93% | +0.54 pp | $19.75B | +3.5% |
| Q3 2024 | 581 | +6.0% | 15.39% | 17.89 pp | $19.08B | 54% |
| Q2 2024 | 548 | β | 33.28% | β | $41.26B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HDB stock.
Based on Q1 2026 13F filings, institutional ownership of HDFC Bank Limited stands at 11.9%, held across 594 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of HDB, with approximately 42,418,483 shares worth $1.06B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of HDB, including Fisher Asset Management, LLC.
Our composite Smart Money Score for HDB is 28 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
81 institutions opened new positions in HDB during Q1 2026, while 124 fully exited. 72 added to existing positions and 438 trimmed.
HDB institutional ownership fell by 6.60 percentage points quarter-over-quarter, with a net change of -43 holders.
The top 10 institutions account for 36.6% of all reported 13F value in HDB, and the top 25 account for 58.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
HDFC Bank Limited (HDB) Institutional Ownership