State of Michigan Retirement System’s HDFC Bank HDB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$17.2M	Buy	224,300 +34,300	+18%	+$2.63M	0.09%	191
2025 Q1	$12.6M	Hold	190,000	–	–	0.07%	233
2024 Q4	$12.1M	Buy	190,000 +9,000	+5%	+$575K	0.06%	241
2024 Q3	$11.3M	Hold	181,000	–	–	0.06%	256
2024 Q2	$11.6M	Buy	+181,000	New	+$11.6M	0.06%	231