Frank Sands's HDB Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 6.19 M shares of HDFC Bank Limited (HDB) worth $211.48 M, representing 0.58% of the portfolio. First purchased in 2017-Q1, this long-term strategic position has been held for 35 quarters.
Based on 13F filings, Frank Sands has maintained a strategic position in HDB, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2022, adding 2.07 M shares. Largest reduction occurred in Q1 2020, reducing 1.39 M shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's HDFC Bank Limited (HDB) Holding Value Over Time
Track share changes against reported price movement
Quarterly HDFC Bank Limited (HDB) Trades by Frank Sands
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2017 | +188,680 | New Buy | 188,680 | $18.80 |
| Q2 2017 | +31,800 | Add 16.85% | 220,480 | $21.74 |
| Q3 2017 | +115,400 | Add 52.34% | 335,880 | $24.09 |
| Q4 2017 | +530,992 | Add 158.09% | 866,872 | $25.42 |
| Q1 2018 | +166,452 | Add 19.20% | 1.03 M | $24.69 |
| Q2 2018 | +118,800 | Add 11.50% | 1.15 M | $26.25 |
| Q3 2018 | +394,500 | Add 34.24% | 1.55 M | $23.52 |
| Q4 2018 | +297,924 | Add 19.26% | 1.84 M | $25.90 |
| Q1 2019 | +960,720 | Add 52.08% | 2.81 M | $28.98 |
| Q2 2019 | +428,908 | Add 15.29% | 3.23 M | $32.51 |
| Q3 2019 | +810,192 | Add 25.05% | 4.04 M | $28.53 |
| Q4 2019 | +1.15 M | Add 28.43% | 5.19 M | $31.69 |
| Q1 2020 | -1.39 M | Reduce 26.73% | 3.81 M | $19.23 |
| Q2 2020 | +372,894 | Add 9.80% | 4.18 M | $22.73 |
| Q3 2020 | -228,476 | Reduce 5.47% | 3.95 M | $24.98 |
| Q4 2020 | -77,618 | Reduce 1.96% | 3.87 M | $36.13 |
| Q1 2021 | -387,656 | Reduce 10.01% | 3.48 M | $38.85 |
| Q2 2021 | +764,040 | Add 21.92% | 4.25 M | $36.56 |
| Q3 2021 | +161,050 | Add 3.79% | 4.41 M | $36.55 |
| Q4 2021 | -405,998 | Reduce 9.21% | 4 M | $32.54 |
| Q1 2022 | +350,774 | Add 8.76% | 4.35 M | $30.67 |
| Q2 2022 | -99,424 | Reduce 2.28% | 4.26 M | $27.48 |
| Q3 2022 | +2.07 M | Add 48.56% | 6.32 M | $29.21 |
| Q4 2022 | -1.01 M | Reduce 15.91% | 5.32 M | $0.03 |
| Q1 2023 | +98,194 | Add 1.85% | 5.41 M | $33.33 |
| Q2 2023 | -110,208 | Reduce 2.04% | 5.3 M | $34.85 |
| Q3 2023 | -371,638 | Reduce 7.01% | 4.93 M | $29.51 |
| Q4 2023 | +260,000 | Add 5.27% | 5.19 M | $33.55 |
| Q1 2024 | -326,582 | Reduce 6.29% | 4.87 M | $27.99 |
| Q2 2024 | +1.04 M | Add 21.42% | 5.91 M | $32.16 |
| Q3 2024 | -125,376 | Reduce 2.12% | 5.78 M | $31.28 |
| Q4 2024 | -30,322 | Reduce 0.52% | 5.75 M | $31.93 |
| Q1 2025 | +69,876 | Add 1.21% | 5.82 M | $33.22 |
| Q2 2025 | -55,710 | Reduce 0.96% | 5.77 M | $38.33 |
| Q3 2025 | +424,118 | Add 7.35% | 6.19 M | $34.16 |
Frank Sands's HDFC Bank Limited Investment FAQs
Frank Sands first purchased HDFC Bank Limited (HDB) in Q1 2017, acquiring 188,680 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held HDFC Bank Limited (HDB) for 35 quarters since Q1 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands's largest addition to HDFC Bank Limited (HDB) was in Q3 2022, adding 6,321,646 shares worth $184.66 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 6,190,788 shares of HDFC Bank Limited (HDB), valued at approximately $211.48 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 0.58% of Frank Sands'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.
Frank Sands's peak holding in HDFC Bank Limited (HDB) was 6,321,646 shares, as reported at the end of Q3 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.