Lancaster Investment Management’s HDFC Bank HDB Stock Holding History

Lancaster Investment Management’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
2026 Q2	–	Sell	-455,289	Closed	-$11.3M	–	13
2026 Q1	$11.3M	Sell	455,289 -12,213	-3%	-$380K	6.23%	7
2025 Q4	$17.1M	Buy	467,502 +5,502	+1%	+$198K	8.76%	5
2025 Q3	$15.8M	Hold	462,000	–	–	6.77%	5
2025 Q2	$17.7M	Buy	462,000 +28,000	+6%	+$1.01M	5.66%	5
2025 Q1	$14.4M	Hold	434,000	–	–	10.69%	3
2024 Q4	$13.9M	Sell	434,000 -100,000	-19%	-$3.2M	12.27%	4
2024 Q3	$16.7M	Hold	534,000	–	–	10.47%	4
2024 Q2	$17.2M	Buy	534,000 +148,000	+38%	+$4.33M	11.22%	4
2024 Q1	$10.8M	Buy	+386,000	New	+$10.9M	8.62%	4

Other funds holding HDB

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

TSAM

Trinity Street Asset Management London, United Kingdom $1.94B AUM 26.52% 1-Year Est. Return

Northcape Capital Sydney, Australia $742M AUM 2.34% 1-Year Est. Return

PAM

PineStone Asset Management Montreal, Quebec, Canada $16.2B AUM 25.74% 1-Year Est. Return

Assenagon Asset Management Senningerberg, Luxembourg $80.2B AUM 50.57% 1-Year Est. Return

Perpetual Ltd Sydney, New South Wales, Australia $7B AUM 19.75% 1-Year Est. Return

Ninety One (UK) London, United Kingdom $44.7B AUM 17.24% 1-Year Est. Return

FFM

Fisher Funds Management Auckland, New Zealand $3.52B AUM 17.59% 1-Year Est. Return

COPPSERS

Commonwealth of Pennsylvania Public School Employees Retirement System Harrisburg, Pennsylvania $20.6B AUM 37.37% 1-Year Est. Return

BCAM

Boston Common Asset Management Boston, Massachusetts $1.69B AUM 28.29% 1-Year Est. Return

Lancaster Investment Management's HDB Position: Q2 2026 in Review

Lancaster Investment Management sold out of HDFC Bank (HDB) in Q2 2026, closing a stake of 455,289 shares — an estimated $11.3M sold.

Lancaster Investment Management first reported a position in HDB in Q1 2024 and held it in 9 quarters. The position peaked at $17.7M in Q2 2025. 77 funds tracked by Wall St. Rank hold HDB as of Q2 2026.

Lancaster Investment Management reported no remaining HDFC Bank position as of Q2 2026 after selling out during the quarter.
Lancaster Investment Management sold 455,289 HDFC Bank shares in Q2 2026, an estimated $11.3M.
Lancaster Investment Management first reported a position in HDFC Bank in Q1 2024 and held it in 9 quarters.
Lancaster Investment Management's HDFC Bank position peaked at $17.7M in Q2 2025.
77 funds tracked by Wall St. Rank held HDFC Bank as of Q2 2026.

Based on Lancaster Investment Management's 13F filing for Q2 2026, filed 13 Jul 2026.