Temasek Holdings
HDB icon

Temasek Holdings’s HDFC Bank HDB Stock Holding History

Temasek Holdings’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 		$312M Buy
12,559,656
+1,686,276
+16% +$52.4M 1.03% 20
2025
Q4 		$397M Hold
10,873,380
– – 1.26% 18
2025
Q3 		$371M Sell
10,873,380
-6,917,944
-39% -$255M 1.28% 18
2025
Q2 		$682M Hold
17,791,324
– – 2.61% 12
2025
Q1 		$591M Buy
17,791,324
+675,748
+4% +$20.6M 2.38% 14
2024
Q4 		$547M Buy
17,115,576
+381,132
+2% +$12.2M 2.16% 15
2024
Q3 		$523M Buy
16,734,444
+264,890
+2% +$8.14M 2.12% 15
2024
Q2 		$530M Hold
16,469,554
– – 2.46% 12
2024
Q1 		$461M Buy
16,469,554
+1,353,784
+9% +$38.4M 2.55% 13
2023
Q4 		$507M Buy
15,115,770
+1,338,582
+10% +$40.4M 2.84% 10
2023
Q3 		$406M Buy
13,777,188
+4,027,724
+41% +$131M 2.42% 13
2023
Q2 		$340M Hold
9,749,464
– – 1.97% 17
2023
Q1 		$325M Hold
9,749,464
– – 1.93% 16
2022
Q4 		$333M Hold
9,749,464
– – 1.95% 16
2022
Q3 		$285M Hold
9,749,464
– – 1.7% 21
2022
Q2 		$268M Hold
9,749,464
– – 1.47% 21
2022
Q1 		$299M Hold
9,749,464
– – 1.26% 26
2021
Q4 		$317M Hold
9,749,464
– – 1.14% 24
2021
Q3 		$356M Hold
9,749,464
– – 1.25% 21
2021
Q2 		$356M Hold
9,749,464
– – 1.19% 22
2021
Q1 		$379M Hold
9,749,464
– – 1.48% 16
2020
Q4 		$352M Sell
9,749,464
-1,602,600
-14% -$51.1M 1.51% 16
2020
Q3 		$284M Buy
11,352,064
+1,476,058
+15% +$35.8M 1.44% 13
2020
Q2 		$224M Buy
9,876,006
+4,228,346
+75% +$86.8M 1.34% 16
2020
Q1 		$109M Buy
5,647,660
+1,602,600
+40% +$43.1M 0.8% 21
2019
Q4 		$128M Hold
4,045,060
– – 0.84% 21
2019
Q3 		$115M Hold
4,045,060
– – 0.85% 22
2019
Q2 		$132M Hold
4,045,060
– – 0.94% 24
2019
Q1 		$117M Hold
4,045,060
– – 0.81% 24
2018
Q4 		$105M Sell
4,045,060
-1,519,600
-27% -$35.9M 0.72% 24
2018
Q3 		$131M Hold
5,564,660
– – 0.76% 29
2018
Q2 		$146M Buy
5,564,660
+3,001,180
+117% +$75M 0.77% 28
2018
Q1 		$63.3M Buy
+2,563,480
New +$64.6M 0.35% 38

Other funds holding HDB

Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
GQG Partners
GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Schroder Investment Management Group
Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return
Principal Financial Group
Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
HL
Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return
Robeco Institutional Asset Management
Robeco Institutional Asset Management Rotterdam, Netherlands $70.2B AUM 29.99% 1-Year Est. Return
Fisher Asset Management
Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Temasek Holdings's HDB Position: Q1 2026 in Review

Temasek Holdings increased its HDFC Bank (HDB) stake by 16% in Q1 2026, buying an estimated $52.4M and bringing the position to 12,559,656 shares worth $312M. The position accounts for 1.03% of the portfolio, ranked #20.

Temasek Holdings first reported a position in HDB in Q1 2018 and has held it in 33 quarters since. The position peaked at $682M in Q2 2025. 600 funds tracked by Wall St. Rank hold HDB as of Q1 2026.

  • Temasek Holdings held 12,559,656 shares of HDFC Bank worth $312M as of Q1 2026.
  • Temasek Holdings bought 1,686,276 HDFC Bank shares in Q1 2026, an estimated $52.4M.
  • HDFC Bank made up 1.03% of Temasek Holdings's portfolio in Q1 2026, its #20 holding.
  • Temasek Holdings first reported a position in HDFC Bank in Q1 2018 and has held it in 33 quarters since.
  • Temasek Holdings's HDFC Bank position peaked at $682M in Q2 2025.
  • 600 funds tracked by Wall St. Rank held HDFC Bank as of Q1 2026.

Based on Temasek Holdings's 13F filing for Q1 2026, filed 12 May 2026.