Cliff Asness's HDB Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 128,299 shares of HDFC Bank Limited (HDB) worth $4.37 M, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in HDB, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2013, adding 4.46 M shares. Largest reduction occurred in Q3 2013, reducing 2.03 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's HDFC Bank Limited (HDB) Holding Value Over Time
Track share changes against reported price movement
Quarterly HDFC Bank Limited (HDB) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +2.51 M | Add 0.00% | 2.51 M | $10.18 |
| Q2 2013 | +6.97 M | Add 0.00% | 6.97 M | $9.06 |
| Q3 2013 | -2.03 M | Reduce 29.06% | 4.94 M | $7.69 |
| Q4 2013 | -351,200 | Reduce 7.10% | 4.59 M | $8.61 |
| Q1 2014 | -1.27 M | Reduce 27.63% | 3.32 M | $10.26 |
| Q2 2014 | -1.09 M | Reduce 32.69% | 2.24 M | $11.70 |
| Q3 2014 | -696,000 | Reduce 31.11% | 1.54 M | $11.64 |
| Q4 2014 | -616,400 | Reduce 39.99% | 924,880 | $12.69 |
| Q1 2015 | -791,680 | Reduce 85.60% | 133,200 | $14.72 |
| Q2 2015 | +173,892 | Add 130.55% | 307,092 | $15.13 |
| Q3 2015 | +106,796 | Add 34.78% | 413,888 | $15.27 |
| Q4 2015 | +22,896 | Add 5.53% | 436,784 | $15.40 |
| Q1 2016 | -316,780 | Reduce 72.53% | 120,004 | $15.41 |
| Q2 2016 | +21,184 | Add 17.65% | 141,188 | $16.59 |
| Q3 2016 | +21,852 | Add 15.48% | 163,040 | $17.97 |
| Q4 2016 | -16,032 | Reduce 9.83% | 147,008 | $15.17 |
| Q1 2017 | +21,936 | Add 14.92% | 168,944 | $18.81 |
| Q2 2017 | -61,424 | Reduce 36.36% | 107,520 | $21.74 |
| Q3 2017 | -44,832 | Reduce 41.70% | 62,688 | $24.09 |
| Q4 2017 | -16 | Reduce 0.03% | 62,672 | $25.42 |
| Q1 2018 | +21,948 | Add 35.02% | 84,620 | $24.69 |
| Q2 2018 | -6,456 | Reduce 7.63% | 78,164 | $26.25 |
| Q3 2018 | -4,316 | Reduce 5.52% | 73,848 | $23.52 |
| Q4 2018 | -9,508 | Reduce 12.88% | 64,340 | $25.89 |
| Q1 2019 | -1,268 | Reduce 1.97% | 63,072 | $28.98 |
| Q2 2019 | -8,796 | Reduce 13.95% | 54,276 | $32.52 |
| Q1 2020 | +12,896 | Add 23.76% | 67,172 | $19.23 |
| Q2 2020 | -16,114 | Reduce 23.99% | 51,058 | $22.74 |
| Q4 2020 | +12,902 | Add 25.27% | 63,960 | $36.13 |
| Q1 2021 | -3,174 | Reduce 4.96% | 60,786 | $38.84 |
| Q2 2021 | +22,172 | Add 36.48% | 82,958 | $36.56 |
| Q3 2021 | +15,072 | Add 18.17% | 98,030 | $36.55 |
| Q4 2021 | -98,030 | Sold Out | 98,030 | $0.00 |
| Q3 2023 | +8,876 | New Buy | 8,876 | $29.69 |
| Q4 2023 | +89,040 | Add 1003.15% | 97,916 | $33.55 |
| Q1 2024 | +20,550 | Add 20.99% | 118,466 | $27.86 |
| Q2 2024 | -1,200 | Reduce 1.01% | 117,266 | $32.08 |
| Q3 2024 | +25,438 | Add 21.69% | 142,704 | $31.28 |
| Q4 2024 | +8,640 | Add 6.05% | 151,344 | $31.87 |
| Q1 2025 | +14,612 | Add 9.65% | 165,956 | $33.12 |
| Q2 2025 | -45,422 | Reduce 27.37% | 120,534 | $38.11 |
| Q3 2025 | +7,765 | Add 6.44% | 128,299 | $34.05 |
Cliff Asness's HDFC Bank Limited Investment FAQs
Cliff Asness first purchased HDFC Bank Limited (HDB) in Q4 2012, acquiring 2,506,400 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held HDFC Bank Limited (HDB) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to HDFC Bank Limited (HDB) was in Q2 2013, adding 6,968,800 shares worth $63.14 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 128,299 shares of HDFC Bank Limited (HDB), valued at approximately $4.37 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, HDFC Bank Limited (HDB) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in HDFC Bank Limited (HDB) was 6,968,800 shares, as reported at the end of Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.