HDFC Bank
HDB
529 hedge funds and large institutions have $19B invested in HDFC Bank in 2023 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 209 increasing their positions, 179 reducing their positions, and 65 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 179
0% more funds holding in top 10
Funds holding in top 10: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 65
1% less funds holding
Funds holding: 535 → 529 (-6)
2.97% less ownership
Funds ownership: 11.47% → 8.5% (-3%)
15% less capital invested
Capital invested by funds: $22.4B → $19B (-$3.33B)
51% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $24.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$403M |
| 2 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$160M |
| 3 |
Temasek Holdings
Singapore
|
+$131M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
+$94.9M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$602M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$374M |
| 3 |
Jennison Associates
New York
|
-$149M |
| 4 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$141M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.6M |
HDB Hedge Fund Activity: Q3 2023 in Review
529 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in HDFC Bank (HDB) for Q3 2023, worth a combined $19B — down 15% from $22.4B a quarter earlier.
Fund positioning in HDB was balanced in Q3 2023: 65 funds opened new positions, 65 closed out, 209 added to existing stakes and 179 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $403M. The largest seller was JP Morgan Chase, cutting an estimated $602M.
- 529 institutional investors held HDFC Bank (HDB) as of Q3 2023, down from 535 in Q2 2023.
- Funds reported $19B of HDFC Bank stock for Q3 2023, down 15% quarter-over-quarter.
- 65 funds opened new HDFC Bank positions in Q3 2023 and 65 closed out, a net change of 0 holders.
- The largest HDFC Bank buyer in Q3 2023 was Baillie Gifford & Co, an estimated $403M added.
- The largest HDFC Bank seller in Q3 2023 was JP Morgan Chase, an estimated $602M sold.
Based on aggregated 13F filings for Q3 2023.