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 | |
|---|---|---|---|---|---|---|
751
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $19.7M | 0.01% |
196,260
-46,050
| -19% | -$4.22M |
|
|
DAY
752
DELISTED
Dayforce
DAY
| $19.7M | 0.01% |
284,614
+102,590
| +56% | +$7.06M |
|
753
Nordson
NDSN
$16.9B
| $19.7M | 0.01% |
81,743
+7,245
| +10% | +$1.7M |
|
754
Douglas Emmett
DEI
$1.99B
| $19.6M | 0.01% |
1,784,496
+382,249
| +27% | +$4.79M |
|
755
PUT
Thermo Fisher Scientific
TMO
$212B
| $19.6M | 0.01% |
+33,700
| New | +$19.1M |
|
756
Snap
SNAP
$9.74B
| $19.5M | 0.01% |
2,409,596
+687,697
| +40% | +$5.44M |
|
|
CSGS
757
DELISTED
CSG Systems International
CSGS
| $19.4M | 0.01% |
253,772
+237,379
| +1,448% | +$17.5M |
|
758
CALL
Walmart Inc
WMT
$888B
| $19.4M | 0.01% |
174,000
-17,400
| -9% | -$1.87M |
|
759
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $19.3M | 0.01% |
163,421
-1,895,638
| -92% | -$211M |
|
760
Assurant
AIZ
$14B
| $19.2M | 0.01% |
79,491
+9,433
| +13% | +$2.11M |
|
761
Teva Pharmaceuticals
TEVA
$40.1B
| $19.1M | 0.01% |
610,606
-868,090
| -59% | -$21.4M |
|
762
CALL
AT&T
T
$160B
| $19.1M | 0.01% |
766,000
+232,800
| +44% | +$5.89M |
|
763
CALL
Zscaler
ZS
$26.4B
| $19.1M | 0.01% |
83,900
| – | – |
|
|
GTLS
764
DELISTED
Chart Industries
GTLS
| $19M | 0.01% |
92,198
+10,219
| +12% | +$2.07M |
|
765
PUT
EOG Resources
EOG
$77.6B
| $19M | 0.01% |
181,200
-13,600
| -7% | -$1.46M |
|
766
Moderna
MRNA
$22.8B
| $18.9M | 0.01% |
638,370
-107,077
| -14% | -$2.91M |
|
767
Aptiv
APTV
$10.1B
| $18.8M | 0.01% |
245,854
+132,571
| +117% | +$10.6M |
|
768
Curtiss-Wright
CW
$27.6B
| $18.6M | 0.01% |
33,414
+11,660
| +54% | +$6.5M |
|
769
Franklin FTSE Mexico ETF
FLMX
$86.2M
| $18.5M | 0.01% |
547,550
-28,770
| -5% | -$950K |
|
770
CALL
Truist Financial
TFC
$63.4B
| $18.4M | 0.01% |
373,500
| – | – |
|
771
PUT
American International
AIG
$41.8B
| $18.4M | 0.01% |
213,900
+102,100
| +91% | +$8.17M |
|
772
First Citizens BancShares
FCNCA
$25.3B
| $18.4M | 0.01% |
8,551
-1,959
| -19% | -$3.69M |
|
773
DigitalBridge
DBRG
$2.93B
| $18.4M | 0.01% |
+1,199,608
| New | +$14.4M |
|
774
Globe Life
GL
$14.3B
| $18.2M | 0.01% |
129,997
+20,743
| +19% | +$2.81M |
|
775
Twilio
TWLO
$29.5B
| $18.2M | 0.01% |
127,222
-25,795
| -17% | -$3.2M |
|
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.