Stephen Mandel’s HDFC Bank HDB Stock Holding History

Stephen Mandel’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
2024 Q1	–	Sell	-9,287,082	Closed	-$312M	–	29
2023 Q4	$312M	Hold	9,287,082	–	–	2.7%	19
2023 Q3	$274M	Buy	9,287,082 +1,127,132	+14%	+$36.7M	2.64%	20
2023 Q2	$284M	Buy	8,159,950 +2,178,852	+36%	+$73.5M	2.61%	20
2023 Q1	$199M	Buy	5,981,098 +175,926	+3%	+$5.88M	1.85%	23
2022 Q4	$199M	Buy	5,805,172 +1,359,152	+31%	+$44.1M	1.9%	19
2022 Q3	$130M	Buy	+4,446,020	New	+$137M	1.22%	22
2017 Q2	–	Sell	-5,248,996	Closed	-$98.7M	–	39
2017 Q1	$98.7M	Hold	5,248,996	–	–	0.52%	32
2016 Q4	$79.6M	Sell	5,248,996 -10,890,296	-67%	-$182M	0.42%	37
2016 Q3	$290M	Sell	16,139,292 -7,373,080	-31%	-$130M	1.3%	30
2016 Q2	$390M	Hold	23,512,372	–	–	1.8%	27
2016 Q1	$362M	Hold	23,512,372	–	–	1.8%	24
2015 Q4	$362M	Buy	23,512,372 +2,115,200	+10%	+$32M	1.55%	25
2015 Q3	$327M	Buy	21,397,172 +13,338,692	+166%	+$201M	1.33%	29
2015 Q2	$122M	Hold	8,058,480	–	–	0.46%	43
2015 Q1	$119M	Buy	+8,058,480	New	+$118M	0.45%	45

Other funds holding HDB

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

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

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

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

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

SGA

Sustainable Growth Advisers Stamford, Connecticut $10.2B AUM 1.48% 1-Year Est. Return

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

Fiera Capital (Canada) Montreal, Quebec, Canada $27.6B AUM 23.56% 1-Year Est. Return

Impax Asset Management Group London, United Kingdom $15.4B AUM 26.43% 1-Year Est. Return

Viking Global Investors Stamford, Connecticut $35.1B AUM 21.36% 1-Year Est. Return

Stephen Mandel's HDB Position: Q1 2024 in Review

Stephen Mandel sold out of HDFC Bank (HDB) in Q1 2024, closing a stake of 9,287,082 shares — an estimated $312M sold.

Stephen Mandel first reported a position in HDB in Q1 2015 and held it in 15 quarters. The position peaked at $390M in Q2 2016. 568 funds tracked by Wall St. Rank hold HDB as of Q1 2024.

Stephen Mandel reported no remaining HDFC Bank position as of Q1 2024 after selling out during the quarter.
Stephen Mandel sold 9,287,082 HDFC Bank shares in Q1 2024, an estimated $312M.
Stephen Mandel first reported a position in HDFC Bank in Q1 2015 and held it in 15 quarters.
Stephen Mandel's HDFC Bank position peaked at $390M in Q2 2016.
568 funds tracked by Wall St. Rank held HDFC Bank as of Q1 2024.

Based on Lone Pine Capital's 13F filing for Q1 2024, filed 15 May 2024.