HDFC Bank
HDB
600 hedge funds and large institutions have $16B invested in HDFC Bank in 2026 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 179 increasing their positions, 275 reducing their positions, and 116 closing their positions.
0.44% less ownership
Funds ownership: 12.98% → 12.54% (-0.44%)
9% less funds holding
Funds holding: 658 → 600 (-58)
23% less funds holding in top 10
Funds holding in top 10: 30 → 23 (-7)
34% less capital invested
Capital invested by funds: $24.3B → $16B (-$8.27B)
35% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 275
41% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 116
53% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $23.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$556M |
| 2 |
Morgan Stanley
New York
|
+$283M |
| 3 |
Man Group
London,
United Kingdom
|
+$185M |
| 4 |
Millennium Management
New York
|
+$150M |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$586M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$321M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$205M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$204M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$175M |
HDB Hedge Fund Activity: Q1 2026 in Review
600 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in HDFC Bank (HDB) for Q1 2026, worth a combined $16B — down 34% from $24.3B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of HDB and 69 opened new positions — a net loss of 47 holders — while 275 trimmed existing stakes and 179 added.
The largest buyer was Principal Financial Group, adding an estimated $556M. The largest seller was GQG Partners, cutting an estimated $586M.
- 600 institutional investors held HDFC Bank (HDB) as of Q1 2026, down from 658 in Q4 2025.
- Funds reported $16B of HDFC Bank stock for Q1 2026, down 34% quarter-over-quarter.
- 69 funds opened new HDFC Bank positions in Q1 2026 and 116 closed out, a net change of -47 holders.
- The largest HDFC Bank buyer in Q1 2026 was Principal Financial Group, an estimated $556M added.
- The largest HDFC Bank seller in Q1 2026 was GQG Partners, an estimated $586M sold.
Based on aggregated 13F filings for Q1 2026.