Polen Capital Management exited HDFC Bank Limited ADR (HDB) during 2026 Q2, according to the 13F-HR filed with the SEC on August 4, 2026, selling all 23.9K shares. The position had been worth about $595.3K at the prior quarter-end and carried under 0.01% of the book. HDB had been in the portfolio for 3.5 years, since the quarter ended December 31, 2022.
What did the 2026 Q2 filing report for HDB?
As of June 30, 2026, from the 13F-HR filed August 4, 2026.
| Before | After | |
|---|---|---|
| Shares | 23.9K | 0 |
| Reported value | $595.3K | $0 |
| Portfolio weight | under 0.01% | 0% |
| Held since | 2022 Q4 | sold out in 2026 Q2 |
| Quarters held | 14 |
What did Polen Capital Management sell?
Polen Capital Management sold 23.9K shares of HDB between the quarter ended March 31, 2026 and June 30, 2026. The HDB exit was the 190th largest of the quarter's 289 position changes by percent change to portfolio.
Where does HDB sit in the Polen Capital Management portfolio?
Before the sale, HDB carried under 0.01% of the Polen Capital Management portfolio, below the fund's average stock position of 0%. The largest stock position is LLY at 6.89%. Next come NVDA at 6.86% and MSFT at 6.74%. The three largest stocks together are 20.49% of the book. Across the 2026 Q2 portfolio, Polen Capital Management reported 219 stock positions, with 68 opened and 70 closed. The total portfolio value is about $11.6B, down 20% from the prior quarter.
How long has Polen Capital Management held HDB?
Polen Capital Management held HDB for 3.5 years, from the quarter ended December 31, 2022 to March 31, 2026. The weight peaked at 0.14% in 2024 Q2. Last quarter the fund had already cut the position by 93%, so the exit finishes a two-quarter unwind. Every reported trade is on the Polen Capital Management HDB trade history page.
Did other funds buy or sell HDB in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 4, 2026, 2 still hold HDB. One other tracked fund sold out of it this quarter as well. The largest buyer of HDB this quarter was Richard Pzena. The largest sellers were Sarah Ketterer and Howard Marks. Every tracked holder of HDB is on the HDB ownership page.
FAQ
How many HDB shares did Polen Capital Management sell?
Polen Capital Management sold all 23.9K shares of HDB it reported a quarter earlier, worth about $595.3K.
When did Polen Capital Management first buy HDB?
Polen Capital Management first reported HDB in the quarter ended December 31, 2022.
How much of the Polen Capital Management portfolio was HDB?
HDB was under 0.01% of the Polen Capital Management portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell HDB in 2026 Q2?
One other tracked fund sold out of HDB in 2026 Q2 and 1 trimmed it; 2 still hold it.