HDFC Bank Limited - Depositary Receipt (Common Stock)
US ˙ NYSE ˙ US40415F1012

SecurityHDB / HDFC Bank Limited - Depositary Receipt (Common Stock)
InstitutionBoston Partners
Latest Disclosed Ownership7,815,820 shares
Latest Disclosed Value $ 194,457,083
Boston Partners reports 19.86% increase in ownership of HDB / HDFC Bank Limited - Depositary Receipt (Common Stock)

On May 11, 2026 - Boston Partners filed a 13F-HR form disclosing ownership of 7,815,820 shares of HDFC Bank Limited - Depositary Receipt (Common Stock) (US:HDB) valued at $194,457,602 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 6,520,680 shares of HDFC Bank Limited - Depositary Receipt (Common Stock). This represents a change in shares of 19.86% during the quarter. The current value of the position is $184,062,561 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F HDFC BANK SPONSORED ADS 40415F101 7,815,820 1,295,140 19.86 194,457 -18.37 0.0870
2026-02-13 2025-12-31 13F HDFC BANK SPONSORED ADS 40415F101 6,520,680 2,449,833 60.18 238,224 71.31 0.2467
2025-11-13 2025-09-30 13F HDFC BANK SPONSORED ADS 40415F101 4,070,847 2,662,719 189.10 139,063 28.81 0.1428
2025-08-12 2025-06-30 13F/A-1 HDFC BANK SPONSORED ADS 40415F101 1,408,128 1,408,128 107,961 0.1199
2025-08-07 2025-06-30 13F HDFC BANK SPONSORED ADS 40415F101 1,408,128 1,408,128 107,961 0.0496
2024-05-28 2024-03-31 13F/A-1 HDFC BANK SPONSORED ADS 40415F101 0 -1,001,800 -100.00 0 -100.00
2024-05-13 2024-03-31 13F HDFC BANK SPONSORED ADS 40415F101 0 0
2024-02-07 2023-12-31 13F HDFC BANK SPONSORED ADS 40415F101 1,001,800 63,593 6.78 67,231 21.43 0.0890
2023-11-08 2023-09-30 13F HDFC BANK SPONSORED ADS 40415F101 938,207 45,703 5.12 55,364 -11.00 0.0766
2023-08-10 2023-06-30 13F HDFC BANK SPONSORED ADS 40415F101 892,504 117,016 15.09 62,208 20.32 0.0837
2023-05-09 2023-03-31 13F HDFC BANK SPONSORED ADS 40415F101 775,488 38,186 5.18 51,702 2.50 0.0711
2023-02-08 2022-12-31 13F HDFC BANK SPONSORED ADS 40415F101 737,302 107,582 17.08 50,439 37.10 0.0682
2022-11-09 2022-09-30 13F HDFC BANK SPONSORED ADS 40415F101 629,720 165,241 35.58 36,788 44.11 0.0538
2022-08-10 2022-06-30 13F HDFC BANK SPONSORED ADS 40415F101 464,479 18,640 4.18 25,527 -6.64 0.0357
2022-05-10 2022-03-31 13F HDFC BANK SPONSORED ADS 40415F101 445,839 302,600 211.26 27,344 193.39 0.0331
2022-02-04 2021-12-31 13F HDFC BANK SPONSORED ADS 40415F101 143,239 12,814 9.82 9,320 -2.23 0.0112
2021-11-05 2021-09-30 13F HDFC BANK SPONSORED ADS 40415F101 130,425 0 0.00 9,533 -0.04 0.0121
2021-08-12 2021-06-30 13F HDFC BANK SPONSORED ADS 40415F101 130,425 -12,721 -8.89 9,537 -14.24 0.0122
2021-05-10 2021-03-31 13F HDFC BANK SPONSORED ADS 40415F101 143,146 -139,266 -49.31 11,121 -45.50 0.0149
2021-02-10 2020-12-31 13F/A-1 HDFC BANK SPONSORED ADS 40415F101 282,412 1 0.00 20,407 44.63 0.0317
2021-02-04 2020-12-31 13F HDFC BANK SPONSORED ADS 40415F101 282,412 1 20,407 12,242.9870
2020-11-13 2020-09-30 13F/A-1 HDFC BANK SPONSORED ADS 40415F101 282,411 -4,309 -1.50 14,110 8.25 0.0257
2020-11-09 2020-09-30 13F HDFC BANK SPONSORED ADS 40415F101 286,720 0 13,035 9,569.2428
2020-08-12 2020-06-30 13F HDFC BANK SPONSORED ADS 40415F101 286,720 253,836 771.91 13,035 930.43 0.0239
2020-05-13 2020-03-31 13F HDFC BANK SPONSORED ADS 40415F101 32,884 32,884 1,265 0.0025
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.