HSBC Holdings Portfolio holdings
HSBC Holdings plc, founded in 1865 as the Hongkong and Shanghai Banking Corporation by Sir Thomas Sutherland to finance trade in East Asia, is a British multinational bank headquartered in London, managing trillions in assets as one of the world’s largest banking and financial services organizations. Operating in over 60 countries with a strong emphasis on Asia—where it generates much of its revenue—HSBC offers retail banking, wealth management, commercial banking, and global markets services to more than 40 million customers, supported by around 214,000 employees as of late 2024. Known for its international network and resilience through crises like the 1997 Asian financial downturn, HSBC has pivoted under Group CEO Noel Quinn (since 2020) to accelerate digital transformation and sustainability goals, targeting net-zero emissions by 2050. Despite challenges like geopolitical tensions and regulatory pressures, HSBC remains a cornerstone of global finance, leveraging its heritage as a trade financier into a modern, Asia-centric banking powerhouse.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.58B |
| 2 |
Pinduoduo
PDD
|
+$483M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$380M |
| 4 |
MarketAxess Holdings
MKTX
|
+$340M |
| 5 |
Oracle
ORCL
|
+$323M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$684M |
| 2 |
NVIDIA
NVDA
|
+$510M |
| 3 |
Apple
AAPL
|
+$484M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$316M |
| 5 |
UnitedHealth
UNH
|
+$256M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.32% |
| 2 | Financials | 12.35% |
| 3 | Consumer Discretionary | 11.08% |
| 4 | Communication Services | 8.95% |
| 5 | Healthcare | 7.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Shopify
SHOP
$168B
| $118M | 0.07% |
796,653
+21,702
| +3% | +$2.94M |
|
277
PUT
Alphabet (Google) Class C
GOOG
$4.11T
| $117M | 0.06% |
485,000
-1,677,200
| -78% | -$353M |
|
278
Sun Life Financial
SLF
$45.6B
| $117M | 0.06% |
1,953,362
+153,275
| +9% | +$9.22M |
|
279
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $116M | 0.06% |
1,301,260
-1,401,021
| -52% | -$123M |
|
280
Expeditors International
EXPD
$22.3B
| $116M | 0.06% |
944,648
+278,410
| +42% | +$33.1M |
|
281
Marvell Technology
MRVL
$147B
| $116M | 0.06% |
1,381,486
+524,453
| +61% | +$38.6M |
|
282
United Rentals
URI
$65.7B
| $115M | 0.06% |
121,002
-77,705
| -39% | -$69.2M |
|
283
iShares Russell 1000 ETF
IWB
$47.1B
| $115M | 0.06% |
314,542
-45,502
| -13% | -$16M |
|
284
Becton Dickinson
BDX
$46.4B
| $114M | 0.06% |
612,191
-22,088
| -3% | -$4.1M |
|
285
Cardinal Health
CAH
$53.7B
| $112M | 0.06% |
715,545
+44,371
| +7% | +$6.85M |
|
286
Dell
DELL
$239B
| $112M | 0.06% |
803,602
+290,272
| +57% | +$37.7M |
|
287
Nasdaq
NDAQ
$53.4B
| $112M | 0.06% |
1,271,958
+197,333
| +18% | +$18.3M |
|
|
288
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $112M | 0.06% |
1,250,000
-473,200
| -27% | -$41.4M |
|
289
Huntington Bancshares
HBAN
$34B
| $112M | 0.06% |
6,508,621
-1,677,317
| -20% | -$28.7M |
|
290
Aflac
AFL
$65.5B
| $112M | 0.06% |
1,003,290
-140,055
| -12% | -$14.7M |
|
291
Ford
F
$60.9B
| $112M | 0.06% |
9,330,121
+607,726
| +7% | +$7M |
|
292
iShares MSCI EAFE ETF
EFA
$76.4B
| $111M | 0.06% |
1,194,296
-159,270
| -12% | -$14.5M |
|
293
Accenture
ACN
$106B
| $111M | 0.06% |
450,693
+56,855
| +14% | +$14.8M |
|
294
FedEx
FDX
$73B
| $111M | 0.06% |
472,688
-12,093
| -2% | -$2.79M |
|
295
Apollo Global Management
APO
$69B
| $111M | 0.06% |
834,866
-7,525
| -0.9% | -$1.07M |
|
296
Delta Air Lines
DAL
$56.7B
| $111M | 0.06% |
1,953,060
-168,611
| -8% | -$9.62M |
|
297
Berkshire Hathaway Class A
BRK.A
$1.1T
| $110M | 0.06% |
146
-1
| -0.7% | -$727K |
|
298
Vanguard S&P 500 ETF
VOO
$956B
| $110M | 0.06% |
178,951
+8,729
| +5% | +$5.15M |
|
299
CBRE Group
CBRE
$43.3B
| $109M | 0.06% |
694,936
+134,230
| +24% | +$20.8M |
|
300
Norfolk Southern
NSC
$75.4B
| $109M | 0.06% |
364,236
+3,478
| +1% | +$966K |
|
Similar funds
HSBC Holdings's Q3 2025 Portfolio in Review
As of Q3 2025, HSBC Holdings held 3,226 positions worth $181B, up 8.9% from $167B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
HSBC Holdings's Q3 2025 filing shows 223 new, 1,147 increased, 1,166 reduced and 541 closed positions. Its largest new stake was iShares MSCI Italy ETF: 3,162,677 shares worth $164M. The largest sale was TSMC, an estimated $684M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- HSBC Holdings's largest Q3 2025 buy was iShares MSCI Italy ETF: 3,162,677 shares worth $164M.
- HSBC Holdings added most to Microsoft in Q3 2025, an estimated $1.58B increase.
- HSBC Holdings's biggest Q3 2025 reduction was TSMC, cutting an estimated $684M.
- HSBC Holdings fully exited Juniper Networks in Q3 2025, selling an estimated $163M.
- HSBC Holdings's ten largest holdings make up 33% of its $181B portfolio in Q3 2025.
- HSBC Holdings opened 223 new positions and closed 541 in Q3 2025.
- HSBC Holdings's portfolio value rose 8.9% quarter-over-quarter to $181B.
Based on HSBC Holdings's 13F filing for Q3 2025, filed 13 Nov 2025.