The largest holder of Hdfc Bank stock is SBI Funds Management Ltd. (Investment Management), with 846.2 million shares (5.49% of the company) as of September 25, 2026. The 10 largest holders together own 21.0%.
In Q2 2026, 581 institutional holdings reports listed 649.0 million shares worth $16.80 billion, up 0.3% in shares from Q1 2026.
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026).

2026Q2
| Holder | Shares | % of company | Value |
|---|---|---|---|
| SBI Funds Management Ltd. (Investment Management) | 846.2 million | 5.49% | – |
| HDFC Asset Management Co. Ltd. (Invt Mgmt) | 406.8 million | 2.64% | – |
| Nippon Life India Asset Management Ltd. (Invt Mgmt) | 402.3 million | 2.61% | – |
| UTI Asset Management Co. Ltd. (Investment Management) | 339.7 million | 2.21% | – |
| GIC Pte Ltd. (Investment Management) | 290.1 million | 1.88% | – |
| SBI Life Insurance Co. Ltd. (Investment Portfolio) | 271.0 million | 1.76% | – |
| Norges Bank Investment Management | 179.3 million | 1.16% | – |
| Kotak Mahindra Asset Management Co. Ltd. | 177.4 million | 1.15% | – |
| PPFAS Asset Management Pvt Ltd. | 168.4 million | 1.09% | – |
| Mirae Asset Investment Managers (India) Pvt Ltd. | 159.2 million | 1.03% | – |
As of September 25, 2026.
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 581 | 649.0 million | $16.8B |
| Q1 2026 | 626 | 647.0 million | $16.1B |
| Q4 2025 | 693 | 672.0 million | $24.5B |
| Q3 2025 | 670 | 695.0 million | $23.8B |
| Q2 2025 | 673 | 357.0 million | $27.4B |
| Q1 2025 | 659 | 369.0 million | $23.3B |
| Q4 2024 | 674 | 347.0 million | $21.9B |
| Q3 2024 | 641 | 347.0 million | $21.7B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
SBI Funds Management Ltd. (Investment Management), with 5.49% of the company (as of September 25, 2026). Next: HDFC Asset Management Co. Ltd. (Invt Mgmt) (2.64%) and Nippon Life India Asset Management Ltd. (Invt Mgmt) (2.61%).
581 institutional holdings reports listed Hdfc Bank shares in Q2 2026, 649.0 million shares in all worth $16.80 billion.