Ranked by reported Q2 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 | MORGAN STANLEY | 53.3M | $1.38B | +72.9% | 1.039% | 0.07% |
| 2 | ROYAL BANK OF CANADA | 43.2M | $1.12B | +1.8% | 0.842% | 0.17% |
| 3 | SCHRODER INVESTMENT MANAGEMENT GROUP | 21.8M | $564.7M | -3.2% | 0.425% | 0.40% |
| 4 | JPMORGAN CHASE & CO | 19.1M | $494.8M | +4.5% | 0.372% | 0.03% |
| 5 | BANK OF AMERICA CORP /DE/ | 17.3M | $445.6M | +63.5% | 0.336% | 0.03% |
| 6 | FIL Ltd | 16.8M | $433.4M | +0.4% | 0.327% | 0.31% |
| 7 | Temasek Holdings (Private) Ltd | 15.3M | $395.3M | +21.9% | 0.298% | 1.06% |
| 8 | Robeco Institutional Asset Management B.V. | 14.7M | $379.5M | +17.3% | 0.286% | 0.47% |
| 9 | Fisher Asset Management, LLC | 11.7M | $301.4M | -4.6% | 0.228% | 0.09% |
| 10 | LAZARD ASSET MANAGEMENT LLC | 11.4M | $295.0M | +4.4% | 0.223% | 0.45% |
| 11 | BROWN ADVISORY INC | 11.3M | $291.8M | +18.1% | 0.220% | 0.45% |
| 12 | HARDING LOEVNER LP | 11.2M | $286.9M | -24.6% | 0.218% | 2.70% |
| 13 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 9.4M | $283.6M | -2.0% | 0.184% | 0.09% |
| 14 | WELLINGTON MANAGEMENT GROUP LLP | 10.3M | $264.8M | -7.5% | 0.200% | 0.05% |
| 15 | Invesco Ltd. | 9.9M | $254.8M | -8.4% | 0.192% | 0.02% |
| 16 | Orbis Allan Gray Ltd | 9.4M | $244.0M | +428.4% | 0.184% | 0.84% |
| 17 | Connor, Clark & Lunn Investment Management Ltd. | 8.9M | $228.7M | +46.4% | 0.173% | 0.43% |
| 18 | D. E. Shaw & Co., Inc. | 8.4M | $218.2M | +248.3% | 0.165% | 0.10% |
| 19 | Kontiki Capital Management (HK) Ltd. | 8.4M | $217.6M | +19.9% | 0.164% | 14.27% |
| 20 | Boston Partners | 8.3M | $214.4M | +6.2% | 0.162% | 0.19% |
| 21 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME | 7.5M | $194.0M | +2468.6% | 0.146% | 0.04% |
| 22 | FRANKLIN RESOURCES INC | 7.3M | $189.3M | -17.0% | 0.143% | 0.04% |
| 23 | DODGE & COX | 6.7M | $172.5M | +17.4% | 0.130% | 0.09% |
| 24 | M&G Plc | 6.5M | $168.7M | -0.8% | 0.127% | 0.84% |
| 25 | Trinity Street Asset Management LLP | 6.5M | $167.7M | -15.9% | 0.127% | 8.64% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HDB — a direct measure of their conviction.
Filings activity in HDB during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 551 | 8.8% | 12.63% | +0.07 pp | $15.98B | +4.2% |
| Q1 2026 | 604 | 5.8% | 12.56% | 0.38 pp | $15.34B | 33% |
| Q4 2025 | 641 | +2.6% | 12.94% | 0.20 pp | $22.97B | +5.2% |
| Q3 2025 | 625 | 0.6% | 13.14% | +0.95 pp | $21.83B | 9.0% |
| Q2 2025 | 629 | +4.3% | 12.19% | 0.14 pp | $23.98B | +14% |
| Q1 2025 | 603 | +0.3% | 12.33% | +0.27 pp | $21.01B | +6.4% |
| Q4 2024 | 601 | +3.4% | 12.06% | +0.08 pp | $19.75B | +3.5% |
| Q3 2024 | 581 | — | 11.98% | — | $19.08B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HDB stock.
Based on Q2 2026 13F filings, institutional ownership of HDFC Bank Limited stands at 12.6%, held across 551 reporting institutions.
MORGAN STANLEY is the largest reported institutional holder of HDB, with approximately 53,273,199 shares worth $1.38B as of Q2 2026.
Yes — 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 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
48 institutions opened new positions in HDB during Q2 2026, while 105 fully exited. 298 added to existing positions and 187 trimmed.
HDB institutional ownership rose by 0.07 percentage points quarter-over-quarter, with a net change of -53 holders.
The top 10 institutions account for 36.3% of all reported 13F value in HDB, and the top 25 account for 57.6%.
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