Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hdfc Bank Ltd (HDB)

596 + Investors. Track Smart Money conviction in HDB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -51
Streak
1Q ▼
Buyers last Q
39%

Smart Money Signals — HDB

Based on 600 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HDB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
600 funds currently hold this stock — 92% of the 3.0-year high of 651 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding HDB is almost the same as a year ago (-12 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 39% buying

259 buying401 selling
Last quarter: 401 funds sold vs only 259 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 86 → 76 → 87 → 76. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 19% medium ■ 16% new
391 out of 600 hedge funds have held HDB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -6%, value -43%

Value
-43%
Shares
-6%
Last quarter: funds added -6% more shares while total portfolio value only changed -43%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~76 new funds/quarter

67 → 86 → 76 → 87 → 76 new funds/Q
New funds entering each quarter: 86 → 76 → 87 → 76. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 18% newcomers

■ 68% veterans ■ 14% 1-2yr ■ 18% new
Entry-cohort mix of 615 holders: 420 (68%) are 2+ year veterans, 84 entered 1–2 years ago, and 111 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
59 of 600 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in HDB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HDB

In 2026 Q1, 259 hedge funds were net buyers of HDB (76 opened a new position, 183 added to an existing one), while 401 reduced or exited (274 trimmed, 127 sold completely) — a 39% buyer ratio, indicating net institutional distribution. 47% of total institutional value in HDB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -51 funds (more exits than new entries). Total institutional holders: 600.

Hedge Fund Ownership: HDB

How many hedge funds hold HDB — quarterly history vs. share price
Quarterly hedge fund ownership of HDB vs. share price

Market Analysis: HDB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HDB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Hdfc Bank Ltd (HDB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HDB has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
HDB
-2.9%
XLF
+8.0%

HDB outperformed XLF by -10.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
HDB
-1.1%
XLF
+4.4%

Since the filing became public, HDB outperformed XLF by -5.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

30 top-rated funds 11 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: HDB
596 + Investors

Track Smart Money conviction in HDB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 596 651 -8.45%
13F Shares 626M 668M -6.24%
Total Value $14.93B $26.35B -43.34%
New Positions 73 87 -14
Increased Positions 179 246 -67
Closed Positions 128 68 +60
Reduced Positions 268 220 +48
Total Calls 8 8 -
Total Puts 7 7 -
PUT/CALL Ratio 0.88 0.88 Neutral

Statistics: HDB

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

596 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HDB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HDB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FACTORIAL MANAGEMENT Ltd 36.60% 56,260 $1.4M
2 Aikya Investment Management Ltd 29.76% 4,123,527 $102.6M
3 Charles-Lim Capital Ltd 24.77% 3,000,000 $74.6M
4 Northcape Capital Pty Ltd 13.47% 4,693,649 $116.8M
5 Trinity Street Asset Management LLP 13.18% 7,724,700 $192.2M
6 Kontiki Capital Management (HK) Ltd. 12.26% 7,028,262 $174.9M
7 Helios Capital Management PTE. Ltd 7.52% 287,400 $7.2M
8 Hudson Edge Investment Partners INC. 7.39% 2,033,200 $50.6M
9 Seafarer Capital Partners, LLC 7.07% 1,148,000 $30.8M
10 Breakout Capital Partners, LP 7.05% 492,385 $12.3M
11 NINE MASTS CAPITAL Ltd 6.83% 1,900,809 $47.3M
12 Ovata Capital Management Ltd 6.62% 1,986,361 $47.3M
13 Ashoka WhiteOak Capital Pte Ltd 5.76% 622,880 $15.2M
14 Oaktree Fund Advisors, LLC 5.53% 126,519 $3.1M
15 Altrinsic Global Advisors LLC 5.33% 5,979,695 $148.8M
16 XY Capital Ltd 5.25% 212,760 $5.3M
17 Soapstone Management L.P. 4.43% 250,000 $6.2M
18 Harding Loevner LP 3.80% 14,857,557 $369.7M
19 Matthews International Capital Management LLC 2.89% 286,651 $7.1M
20 Eurizon Asset Management Slovakia, sprav. spol., a.s. 2.63% 3,600 $90K
21 Castlefield Investment Partners LLP 2.52% 132,279 $3.3M
22 Channing Global Advisors, LLC 1.97% 135,432 $3.4M
23 Jacobson & Schmitt Advisors, LLC 1.92% 425,724 $10.6M
24 Dundas Partners LLP 1.71% 863,541 $21.5M
25 Nicola Wealth Management LTD. 1.61% 538,000 $13.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Hdfc Bank Ltd (HDB)

What does the Smart Money Trend signal show for HDB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HDB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HDB?

Heavy selling pressure — only 39% buying: Last quarter: 401 funds sold vs only 259 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for HDB holders?

Elite ownership — 47% AUM from top-100 funds: 59 of 600 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in HDB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HDB?

65% of holders stayed for 2+ years: 391 out of 600 hedge funds have held HDB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Hdfc Bank Ltd (HDB) following the 2026 Q1 hedge fund 13F filings?

As of today, HDB has moved -1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of -5.5%. Since the quarter end (March 31, 2026), HDB has gained -2.9% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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