Dalton Investments’s HDFC Bank HDB Stock Holding History

Dalton Investments’s Portfolio HDB Stock Details HDB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-163,400	Closed	-$6.26M	–	20
2025 Q2	$6.26M	Hold	163,400	–	–	3.32%	7
2025 Q1	$5.43M	Hold	163,400	–	–	2.91%	8
2024 Q4	$5.22M	Hold	163,400	–	–	2.71%	8
2024 Q3	$5.11M	Buy	163,400 +48,400	+42%	+$1.49M	3.01%	8
2024 Q2	$3.7M	Buy	115,000 +56,800	+98%	+$1.66M	2.1%	11
2024 Q1	$1.63M	Buy	+58,200	New	+$1.65M	0.99%	17
2021 Q2	–	Sell	-63,200	Closed	-$2.46M	–	29
2021 Q1	$2.46M	Hold	63,200	–	–	1.34%	17
2020 Q4	$2.28M	Hold	63,200	–	–	1.13%	18
2020 Q3	$1.58M	Sell	63,200 -32,940	-34%	-$799K	1.04%	24
2020 Q2	$2.19M	Hold	96,140	–	–	1.59%	16
2020 Q1	$1.85M	Buy	96,140 +28,800	+43%	+$775K	1.43%	16
2019 Q4	$2.13M	Sell	67,340 -2,200	-3%	-$67K	1.31%	20
2019 Q3	$1.98M	Hold	69,540	–	–	1.25%	22
2019 Q2	$2.26M	Sell	69,540 -44,060	-39%	-$1.33M	1.03%	20
2019 Q1	$3.29M	Buy	+113,600	New	+$2.95M	1.44%	19

Other funds holding HDB

GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Harding Loevner Bridgewater, New Jersey $10.6B AUM 19.39% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Dalton Investments's HDB Position: Q3 2025 in Review

Dalton Investments sold out of HDFC Bank (HDB) in Q3 2025, closing a stake of 163,400 shares — an estimated $6.26M sold.

Dalton Investments first reported a position in HDB in Q1 2019 and held it in 15 quarters. The position peaked at $6.26M in Q2 2025. 638 funds tracked by Wall St. Rank hold HDB as of Q3 2025.

Dalton Investments reported no remaining HDFC Bank position as of Q3 2025 after selling out during the quarter.
Dalton Investments sold 163,400 HDFC Bank shares in Q3 2025, an estimated $6.26M.
Dalton Investments first reported a position in HDFC Bank in Q1 2019 and held it in 15 quarters.
Dalton Investments's HDFC Bank position peaked at $6.26M in Q2 2025.
638 funds tracked by Wall St. Rank held HDFC Bank as of Q3 2025.

Based on Dalton Investments's 13F filing for Q3 2025, filed 6 Nov 2025.