PGGM Investments’s HDFC Bank HDB Stock Holding History

PGGM 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
2026 Q2	$120M	Buy	4,657,592 +382,376	+9%	+$9.58M	2.96%	10
2026 Q1	$106M	Buy	4,275,216 +475,308	+13%	+$14.8M	1.86%	19
2025 Q4	$139M	Hold	3,799,908	–	–	2.2%	15
2025 Q3	$130M	Hold	3,799,908	–	–	2.1%	16
2025 Q2	$146M	Buy	3,799,908 +2,413,184	+174%	+$87.5M	2.53%	10
2025 Q1	$46.1M	Buy	1,386,724 +325,874	+31%	+$9.94M	0.62%	38
2024 Q4	$33.9M	Hold	1,060,850	–	–	0.45%	48
2024 Q3	$33.2M	Buy	1,060,850 +74,802	+8%	+$2.3M	0.43%	50
2024 Q2	$31.7M	Hold	986,048	–	–	0.45%	49
2024 Q1	$27.6M	Buy	+986,048	New	+$28M	0.4%	57

Other funds holding HDB

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

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

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

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

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

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

Temasek Holdings Singapore $37.3B AUM 12.6% 1-Year Est. Return

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

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

PGGM Investments's HDB Position: Q2 2026 in Review

PGGM Investments increased its HDFC Bank (HDB) stake by 8.9% in Q2 2026, buying an estimated $9.58M and bringing the position to 4,657,592 shares worth $120M. The position accounts for 2.96% of the portfolio, ranked #10.

PGGM Investments first reported a position in HDB in Q1 2024 and has held it in 10 quarters since. The position peaked at $146M in Q2 2025. 556 funds tracked by Wall St. Rank hold HDB as of Q2 2026.

PGGM Investments held 4,657,592 shares of HDFC Bank worth $120M as of Q2 2026.
PGGM Investments bought 382,376 HDFC Bank shares in Q2 2026, an estimated $9.58M.
HDFC Bank made up 2.96% of PGGM Investments's portfolio in Q2 2026, its #10 holding.
PGGM Investments first reported a position in HDFC Bank in Q1 2024 and has held it in 10 quarters since.
PGGM Investments's HDFC Bank position peaked at $146M in Q2 2025.
556 funds tracked by Wall St. Rank held HDFC Bank as of Q2 2026.

Based on PGGM Investments's 13F filing for Q2 2026, filed 12 Aug 2026.