Soapstone Management’s HDFC Bank HDB Stock Holding History

Soapstone 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 Q1	$6.22M	Buy	+250,000	New	+$7.77M	4.43%	9
2025 Q2	–	Sell	-350,000	Closed	-$11.6M	–	17
2025 Q1	$11.6M	Sell	350,000 -20,000	-5%	-$610K	9.08%	7
2024 Q4	$11.8M	Sell	370,000 -50,000	-12%	-$1.6M	11.1%	4
2024 Q3	$13.1M	Sell	420,000 -50,000	-11%	-$1.54M	10.92%	3
2024 Q2	$15.1M	Buy	470,000 +80,000	+21%	+$2.34M	10.09%	1
2024 Q1	$10.9M	Buy	+390,000	New	+$11.1M	6.09%	8

Other funds holding HDB

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Temasek Holdings Singapore $30.5B AUM 13.98% 1-Year Est. Return

Robeco Institutional Asset Management Rotterdam, Netherlands $70.2B AUM 29.99% 1-Year Est. Return

Soapstone Management's HDB Position: Q1 2026 in Review

Soapstone Management opened a new position in HDFC Bank (HDB) in Q1 2026: 250,000 shares worth $6.22M. The stake represents 4.43% of the portfolio and ranks #9 among its holdings. This is a return to the name: Soapstone Management previously reported a position in HDB as recently as Q1 2025.

Soapstone Management first reported a position in HDB in Q1 2024 and has held it in 6 quarters since. The position peaked at $15.1M in Q2 2024. 600 funds tracked by Wall St. Rank hold HDB as of Q1 2026.

Soapstone Management held 250,000 shares of HDFC Bank worth $6.22M as of Q1 2026.
HDFC Bank was a new Soapstone Management position in Q1 2026.
HDFC Bank made up 4.43% of Soapstone Management's portfolio in Q1 2026, its #9 holding.
Soapstone Management first reported a position in HDFC Bank in Q1 2024 and has held it in 6 quarters since.
Soapstone Management's HDFC Bank position peaked at $15.1M in Q2 2024.
600 funds tracked by Wall St. Rank held HDFC Bank as of Q1 2026.

Based on Soapstone Management's 13F filing for Q1 2026, filed 15 May 2026.