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 |
Meta Platforms (Facebook)
META
|
+$1.26B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$906M |
| 3 |
iShares US Real Estate ETF
IYR
|
+$405M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$402M |
| 5 |
Amazon
AMZN
|
+$363M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ferrovial N.V. Ordinary Shares
FER
|
+$1.51B |
| 2 |
Pinduoduo
PDD
|
+$464M |
| 3 |
MarketAxess Holdings
MKTX
|
+$306M |
| 4 |
Royal Bank of Canada
RY
|
+$266M |
| 5 |
Baidu
BIDU
|
+$255M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.69% |
| 2 | Financials | 11.48% |
| 3 | Consumer Discretionary | 9.97% |
| 4 | Communication Services | 9.48% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
ASE Group
ASX
$85.1B
| $30.1M | 0.02% |
1,733,580
+136,722
| +9% | +$1.94M |
|
627
Packaging Corp of America
PKG
$22.8B
| $30.1M | 0.02% |
145,892
-38,330
| -21% | -$7.79M |
|
628
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.8B
| $30.1M | 0.02% |
1,149,105
-3,936
| -0.3% | -$101K |
|
629
iShares Russell 1000 Value ETF
IWD
$83.4B
| $29.8M | 0.02% |
141,873
+6,534
| +5% | +$1.35M |
|
630
BioMarin Pharmaceuticals
BMRN
$11.7B
| $29.8M | 0.02% |
500,996
+220,995
| +79% | +$12M |
|
631
Bloom Energy
BE
$67.2B
| $29.7M | 0.02% |
342,223
+82,089
| +32% | +$8.63M |
|
632
Encompass Health
EHC
$11B
| $29.6M | 0.02% |
276,194
+222,327
| +413% | +$25.8M |
|
633
Applied Digital
APLD
$9B
| $29.5M | 0.02% |
+1,167,779
| New | +$33.6M |
|
634
Cooper Companies
COO
$14.6B
| $29.5M | 0.02% |
359,291
-50,085
| -12% | -$3.75M |
|
635
Johnson Controls International
JCI
$93.1B
| $29.4M | 0.02% |
244,591
-428,113
| -64% | -$49.2M |
|
636
Lennox International
LII
$15.4B
| $29.2M | 0.01% |
60,122
-27,606
| -31% | -$13.8M |
|
637
CALL
KLA
KLAC
$255B
| $29M | 0.01% |
237,000
+5,000
| +2% | +$586K |
|
|
FYBR
638
DELISTED
Frontier Communications
FYBR
| $28.9M | 0.01% |
759,933
+93,534
| +14% | +$3.54M |
|
639
Vale
VALE
$63.1B
| $28.9M | 0.01% |
2,216,984
+133,229
| +6% | +$1.62M |
|
640
Deutsche Bank
DB
$70.4B
| $28.7M | 0.01% |
739,050
-457,457
| -38% | -$16.5M |
|
641
Fidelity National Financial
FNF
$13.9B
| $28.7M | 0.01% |
526,269
-360,433
| -41% | -$20.5M |
|
642
Incyte
INCY
$24.4B
| $28.7M | 0.01% |
290,255
+2,398
| +0.8% | +$232K |
|
643
Tyler Technologies
TYL
$12.8B
| $28.5M | 0.01% |
62,768
-3,274
| -5% | -$1.56M |
|
644
Krispy Kreme
DNUT
$531M
| $28.5M | 0.01% |
7,077,358
| – | – |
|
645
PUT
DexCom
DXCM
$32.8B
| $28.4M | 0.01% |
426,900
-58,900
| -12% | -$3.81M |
|
646
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $28.3M | 0.01% |
285,015
-10,344
| -4% | -$1M |
|
|
JHG
647
DELISTED
Janus Henderson
JHG
| $27.8M | 0.01% |
584,499
+534,285
| +1,064% | +$23.6M |
|
648
PUT
JPMorgan Chase
JPM
$950B
| $27.8M | 0.01% |
+85,900
| New | +$26.6M |
|
649
PUT
Freeport-McMoran
FCX
$96.7B
| $27.6M | 0.01% |
541,700
+138,500
| +34% | +$6M |
|
650
EPAM Systems
EPAM
$5.85B
| $27.6M | 0.01% |
134,334
-53,189
| -28% | -$9.48M |
|
Similar funds
HSBC Holdings's Q4 2025 Portfolio in Review
As of Q4 2025, HSBC Holdings held 3,197 positions worth $196B, up 8.3% from $181B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
HSBC Holdings deployed $10.6B of net new capital in Q4 2025, opening 513 new positions and adding to 1,253 existing holdings. Its largest new stake was iShares US Real Estate ETF: 4,245,726 shares worth $400M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Ferrovial N.V. Ordinary Shares, an estimated $1.51B trimmed.
- HSBC Holdings's largest Q4 2025 buy was iShares US Real Estate ETF: 4,245,726 shares worth $400M.
- HSBC Holdings added most to Meta Platforms (Facebook) in Q4 2025, an estimated $1.26B increase.
- HSBC Holdings's biggest Q4 2025 reduction was Ferrovial N.V. Ordinary Shares, cutting an estimated $1.51B.
- HSBC Holdings fully exited Manulife Financial in Q4 2025, selling an estimated $250M.
- HSBC Holdings's ten largest holdings make up 32% of its $196B portfolio in Q4 2025.
- HSBC Holdings opened 513 new positions and closed 288 in Q4 2025.
- HSBC Holdings's portfolio value rose 8.3% quarter-over-quarter to $196B.
Based on HSBC Holdings's 13F filing for Q4 2025, filed 6 Mar 2026.