HDFC Bank
HDB
557 hedge funds and large institutions have $23B invested in HDFC Bank in 2023 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 241 increasing their positions, 162 reducing their positions, and 51 closing their positions.
65% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 51
52% more funds holding in top 10
Funds holding in top 10: 23 → 35 (+12)
49% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 162
21% more capital invested
Capital invested by funds: $19B → $23B (+$3.98B)
5% more funds holding
Funds holding: 529 → 557 (+28)
0.5% more ownership
Funds ownership: 8.5% → 9% (+0.5%)
18% less call options, than puts
Call options by funds: $13.6M | Put options by funds: $16.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$668M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$137M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$125M |
| 4 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
+$109M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$300M |
| 2 |
CIM
CCLA Investment Management
London,
United Kingdom
|
-$95.7M |
| 3 |
JP Morgan Chase
New York
|
-$50.6M |
| 4 |
BlackRock
New York
|
-$46M |
| 5 |
Jennison Associates
New York
|
-$43.7M |
HDB Hedge Fund Activity: Q4 2023 in Review
557 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in HDFC Bank (HDB) for Q4 2023, worth a combined $23B — up 21% from $19B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new HDB positions and 51 closed out — a net gain of 33 holders — while 241 added to existing stakes and 162 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $668M. The largest seller was Capital Research Global Investors, cutting an estimated $300M.
- 557 institutional investors held HDFC Bank (HDB) as of Q4 2023, up from 529 in Q3 2023.
- Funds reported $23B of HDFC Bank stock for Q4 2023, up 21% quarter-over-quarter.
- 84 funds opened new HDFC Bank positions in Q4 2023 and 51 closed out, a net change of +33 holders.
- The largest HDFC Bank buyer in Q4 2023 was Morgan Stanley, an estimated $668M added.
- The largest HDFC Bank seller in Q4 2023 was Capital Research Global Investors, an estimated $300M sold.
Based on aggregated 13F filings for Q4 2023.