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 | |
|---|---|---|---|---|---|---|
151
Deere & Co
DE
$166B
| $224M | 0.12% |
488,487
+43,341
| +10% | +$21.4M |
|
152
Western Digital
WDC
$163B
| $223M | 0.12% |
1,879,562
+732,088
| +64% | +$59.8M |
|
153
Travelers Companies
TRV
$82.2B
| $221M | 0.12% |
791,528
-58,096
| -7% | -$15.6M |
|
154
O'Reilly Automotive
ORLY
$75.3B
| $219M | 0.12% |
2,031,933
+2,394
| +0.1% | +$241K |
|
155
AutoZone
AZO
$51.3B
| $219M | 0.12% |
51,009
-1,925
| -4% | -$7.72M |
|
156
Realty Income
O
$61.3B
| $219M | 0.12% |
3,600,109
+1,011,236
| +39% | +$58.9M |
|
|
MRSH
157
Marsh
MRSH
$94B
| $218M | 0.12% |
1,084,774
-145,640
| -12% | -$30M |
|
158
General Dynamics
GD
$105B
| $217M | 0.12% |
639,140
-367,983
| -37% | -$116M |
|
159
Bristol-Myers Squibb
BMY
$130B
| $217M | 0.12% |
4,800,285
+105,768
| +2% | +$4.94M |
|
160
Electronic Arts
EA
$52.4B
| $212M | 0.12% |
1,053,211
-32,319
| -3% | -$5.35M |
|
161
Constellation Energy
CEG
$92.4B
| $212M | 0.12% |
644,125
+18,241
| +3% | +$5.89M |
|
162
Regeneron Pharmaceuticals
REGN
$73B
| $208M | 0.12% |
369,965
+7,841
| +2% | +$4.43M |
|
163
Dover
DOV
$26.7B
| $207M | 0.11% |
1,241,995
+340,535
| +38% | +$61.1M |
|
164
Kinder Morgan
KMI
$70.9B
| $205M | 0.11% |
7,231,539
+1,945,445
| +37% | +$53.2M |
|
165
ICICI Bank
IBN
$107B
| $204M | 0.11% |
6,653,880
-15,913
| -0.2% | -$520K |
|
166
SPDR Gold Trust
GLD
$131B
| $204M | 0.11% |
577,207
+503,148
| +679% | +$160M |
|
167
Digital Realty Trust
DLR
$69.4B
| $204M | 0.11% |
1,183,735
+206,307
| +21% | +$35.3M |
|
168
Sempra
SRE
$58.6B
| $202M | 0.11% |
2,248,579
+163,963
| +8% | +$13.3M |
|
169
PG&E
PCG
$39.2B
| $202M | 0.11% |
13,411,335
+5,396,555
| +67% | +$78.7M |
|
170
McKesson
MCK
$105B
| $201M | 0.11% |
260,318
-689
| -0.3% | -$485K |
|
171
US Bancorp
USB
$99B
| $199M | 0.11% |
4,140,769
+443,685
| +12% | +$21M |
|
172
3M
MMM
$92.5B
| $198M | 0.11% |
1,276,214
-8,567
| -0.7% | -$1.32M |
|
173
Cheniere Energy
LNG
$54B
| $198M | 0.11% |
841,366
-202,991
| -19% | -$47.7M |
|
174
Northrop Grumman
NOC
$77.3B
| $197M | 0.11% |
324,374
+30,771
| +10% | +$17.4M |
|
175
Cadence Design Systems
CDNS
$93.7B
| $197M | 0.11% |
561,653
-29,658
| -5% | -$10.2M |
|
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.