HSBC HOLDINGS PLC
Follow13F filer, CIK 873630, LONDON, United Kingdom
HSBC HOLDINGS PLC reported $196,199,722,185 across 2,930 holdings for the quarter ended 2025-12-31, in a 13F-HR/A filed 2026-03-20. Its ten largest share positions make up 36.12% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0000873630-26-000002
A NEW HOLDINGS amendment repeated most of the original and was read as a restatement (H3).
- Period
- 2025-12-31
- Reported value
- $196B
- Holdings
- 2,930
- Top 10 weight
- 36.12%
- New
- 519
- Sold out
- 292
Part of the filer group HSBC HOLDINGS PLC
Hang Seng Investment Management LtdHongkong & Shanghai Banking Corp Ltd / ASP
- Hang Seng Investment Management Ltd
- Hongkong & Shanghai Banking Corp Ltd / ASP
- HSBC Bank Bermuda Ltd
- HSBC BANK PLC
- HSBC Bank USA, N.A.
- HSBC GLOBAL ASSET MANAGEMENT (DEUTSCHLAND) GMBH
- HSBC GLOBAL ASSET MANAGEMENT (FRANCE)
- HSBC Global Asset Management (Hong Kong) Ltd
- HSBC GLOBAL ASSET MANAGEMENT (MEXICO), SA DE CV, SOCIEDAD OPERADORA DE FONDOS DE INVERSION, GRUPO FINANCIERO HSBC
- HSBC GLOBAL ASSET MANAGEMENT (SINGAPORE) Ltd
- HSBC Global Asset Management(Taiwan)Limited
- HSBC Global Asset Management (UK) Ltd
- HSBC Global Asset Management (USA) Inc.
- HSBC International Trustee Ltd.
- HSBC PRIVATE BANK (SUISSE) LTD
- HSBC SECURITIES USA INC
- HSBC Trinkaus & Burkhardt AG, Germany
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| METAadded | +1,884,970 | $1.25B |
| IVVadded | +1,334,300 | $917M |
| NFLXadded | +8,305,572 | $779M |
| GOOGLadded | +1,406,061 | $440M |
| NOWadded | +2,841,778 | $435M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| FERreduced | -23,701,110 | -$1.54B |
| PDDreduced | -3,738,306 | -$424M |
| MKTXreduced | -1,795,922 | -$327M |
| RYreduced | -1,733,971 | -$297M |
| BIDUreduced | -2,055,582 | -$271M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 2,308 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| GWWWW GRAINGER INC Stock | call | 1,000 | $1.02M | -900 |
| CCICROWN CASTLE INC REIT | put | 11,200 | $996K | new |
| OREALTY INCOME CORP REIT | call | 17,200 | $971K | -24,300 |
| KHCKRAFT HEINZ CO Stock | call | 39,700 | $966K | 0 |
| CHTRCHARTER COMMUNICATIONS INC COM | put | 4,600 | $962K | new |
| LITELUMENTUM HLDGS INC Stock | put | 2,500 | $924K | new |
| AONAON PLC Stock | call | 2,500 | $888K | -3,600 |
| SYKSTRYKER CORPORATION COM | put | 2,500 | $882K | -3,100 |
| FTNTFORTINET INC Stock | put | 10,700 | $854K | new |
| GNRCGENERAC HLDGS INC COM | put | 6,200 | $849K | +4,100 |
| LENLENNAR CORP Stock | call | 8,000 | $825K | new |
| EAELECTRONIC ARTS INC Stock | put | 4,000 | $817K | -30,000 |
| MGNIMAGNITE INC Stock | call | 50,000 | $812K | 0 |
| SPGSIMON PPTY GROUP INC NEW REIT | call | 4,300 | $798K | +2,600 |
| WMWASTE MGMT INC DEL COM | call | 3,600 | $796K | -6,300 |
| PATHUIPATH INC CL A | call | 47,500 | $785K | 0 |
| CDNSCADENCE DESIGN SYSTEM INC Stock | put | 2,500 | $783K | +900 |
| RFREGIONS FINANCIAL CORP NEW Stock | call | 28,100 | $765K | +2,000 |
| SWKSSKYWORKS SOLUTIONS INC Stock | call | 11,600 | $744K | -4,900 |
| AXPAMERICAN EXPRESS CO COM | call | 2,000 | $740K | new |
| PGRPROGRESSIVE CORP COM | call | 3,300 | $725K | -7,900 |
| RIVNRIVIAN AUTOMOTIVE INC Stock | put | 36,500 | $721K | new |
| CRCLCIRCLE INTERNET GROUP INC COM CL A | call | 8,900 | $711K | new |
| PEPPEPSICO INC COM | put | 4,500 | $646K | new |
| PENGPENGUIN SOLUTIONS INC Stock | put | 31,300 | $618K | new |
| MDLZMONDELEZ INTL INC COM | call | 11,400 | $615K | +3,900 |
| KBKB FINL GROUP INC ADR | call | 7,000 | $602K | -20,000 |
| CMGCHIPOTLE MEXICAN GRILL INC STOK | call | 16,100 | $597K | -25,900 |
| DOWDOW HLDGS INC Stock | call | 25,000 | $584K | -3,300 |
| CMICUMMINS INC Stock | put | 1,100 | $564K | -16,300 |
| QSRRESTAURANT BRANDS INTL INC Stock | put | 8,200 | $560K | 0 |
| PWRQUANTA SVCS INC COM | put | 1,300 | $551K | new |
| PCARPACCAR INC Stock | call | 5,000 | $548K | -16,800 |
| TMTOYOTA MOTOR CORP ADR | put | 2,500 | $536K | new |
| TTDTHE TRADE DESK INC STOK | put | 13,000 | $496K | +5,000 |
| GLWCORNING INC COM | put | 5,600 | $494K | new |
| LMTLOCKHEED MARTIN CORP COM | call | 1,000 | $486K | new |
| AXPAMERICAN EXPRESS CO COM | put | 1,300 | $483K | new |
| PENNPENN ENTERTAINMENT INC Stock | put | 31,400 | $464K | 0 |
| NXPINXP SEMICONDUCTORS N V Stock | put | 2,100 | $460K | new |
| NUENUCOR CORP Stock | call | 2,800 | $457K | new |
| KEYKEYCORP Stock | put | 21,700 | $449K | +3,900 |
| VLOVALERO ENERGY CORP Stock | put | 2,700 | $438K | new |
| SMHVANECK ETF TRUST COM | put | 1,200 | $436K | new |
| ICLNISHARES TR COM | put | 25,800 | $424K | +1,500 |
| SYYSYSCO CORP COM | call | 5,400 | $399K | 0 |
| QRVOQORVO INC Stock | put | 4,500 | $384K | new |
| ENPHENPHASE ENERGY INC Stock | put | 11,800 | $377K | new |
| VKTXVIKING THERAPEUTICS INC COM | call | 10,200 | $360K | new |
| PLUGPLUG PWR INC COM NEW | call | 179,000 | $353K | -13,000 |
| TEVATEVA PHARMACEUTICAL INDS LTD ADR | put | 10,700 | $335K | -177,900 |
| PAYXPAYCHEX INC COM | call | 2,900 | $325K | -12,300 |
| MGNIMAGNITE INC Stock | put | 20,000 | $325K | 0 |
| KMBKIMBERLY-CLARK CORP Stock | put | 3,200 | $324K | +100 |
| ASMLASML HLDG NV STOK | call | 300 | $322K | new |
| ATHMAUTOHOME INC ADR | call | 14,000 | $312K | +6,000 |
| CRSPCRISPR THERAPEUTICS AG Stock | call | 5,200 | $274K | new |
| SOFISOFI TECHNOLOGIES INC Stock | put | 10,200 | $269K | new |
| UBSUBS GROUP AG Stock | call | 5,600 | $260K | -150,000 |
| LINLINDE PLC COM | put | 600 | $257K | 0 |
| LUVSOUTHWEST AIRLS CO STOK | call | 6,000 | $250K | +5,900 |
| TTDTHE TRADE DESK INC STOK | call | 6,000 | $229K | -36,800 |
| SMHVANECK ETF TRUST COM | call | 600 | $218K | 0 |
| CNCCENTENE CORP DEL Stock | call | 5,000 | $206K | 0 |
| PENGPENGUIN SOLUTIONS INC Stock | call | 10,100 | $199K | new |
| SYKSTRYKER CORPORATION COM | call | 500 | $176K | 0 |
| GFIGOLD FIELDS LTD ADR | call | 4,000 | $175K | 0 |
| CRDOCREDO TECHNOLOGY GROUP HOLDI Stock | put | 1,200 | $174K | new |
| WDCWESTERN DIGITAL CORP COM | call | 1,000 | $172K | new |
| DDOMINION ENERGY INC Stock | put | 2,800 | $164K | +900 |
| DEODIAGEO PLC ADR | put | 1,800 | $156K | new |
| WHRWHIRLPOOL CORP Stock | put | 2,000 | $144K | new |
| PENNPENN ENTERTAINMENT INC Stock | call | 9,600 | $142K | 0 |
| AMGNAMGEN INC COM | call | 400 | $131K | new |
| ILMNILLUMINA INC COM | call | 1,000 | $131K | 0 |
| SHWSHERWIN WILLIAMS CO COM | put | 400 | $130K | 0 |
| GDXVANECK ETF TRUST GOLD MINERS ETF | put | 1,500 | $130K | new |
| TEMTEMPUS AI INC Stock | put | 1,900 | $113K | new |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 1,000 | $84.6K | new |
| TALTAL ED GROUP ADR | call | 7,500 | $81.8K | 0 |
| UALUNITED AIRLS HLDGS INC Stock | call | 700 | $78.3K | 0 |
| CORCENCORA INC Stock | put | 200 | $68K | 0 |
| ARMARM HOLDINGS PLC SPONSORED ADS | call | 600 | $66.4K | new |
| GEVGE VERNOVA INC COM | put | 100 | $65.8K | new |
| ROSTROSS STORES INC Stock | put | 300 | $54.3K | -37,200 |
| PATHUIPATH INC CL A | put | 2,800 | $46.3K | +1,800 |
| ADBEADOBE INC COM | put | 100 | $35K | new |
| CORCENCORA INC Stock | call | 100 | $34K | 0 |
| SHWSHERWIN WILLIAMS CO COM | call | 100 | $32.5K | -300 |
| MTZMASTEC INC Stock | put | 100 | $21.9K | new |
| XYZBLOCK INC Stock | call | 200 | $13.1K | -59,800 |
| PLDPROLOGIS INC. COM | call | 100 | $12.8K | -25,100 |
| KEYKEYCORP Stock | call | 400 | $8.27K | 0 |
| AFRMAFFIRM HLDGS INC Stock | call | 100 | $7.51K | new |
| JDJD.COM INC ADR | put | 200 | $5.73K | new |
| IONQIONQ INC Stock | put | 100 | $4.56K | new |
| RRCRANGE RES CORP Stock | call | 100 | $3.5K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 198,066,000 | $308M | -30,750,000 |
| TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS | principal | 58,307 | $17.7M | +1,363 |
| SHVISHARES TR SHS | principal | 58,950 | $6.49M | -26,100 |
| EMHYISHARES INC JP MRGN EM HI BD | principal | 152,300 | $6.15M | 0 |
| HDBHDFC BANK LTD ADR | principal | 161,188 | $5.88M | +22,862 |
| IBNICICI BK LTD ADR | principal | 126,352 | $3.76M | +14,732 |
| INFYINFOSYS LTD ADR | principal | 171,639 | $3.05M | +19,994 |
| KBKB FINL GROUP INC ADR | principal | 35,278 | $3.03M | -2,935 |
| SHYISHARES TR COM | principal | 35,150 | $2.91M | -6,050 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | principal | 18,457 | $2.7M | +2,874 |
| SJNKSPDR SERIES TRUST ST TERM HIGH ETF | principal | 94,750 | $2.4M | 0 |
| ASXASE TECHNOLOGY HLDG CO LTD ADR | principal | 140,204 | $2.25M | new |
| ITUBITAU UNIBANCO HLDG S A ADR | principal | 286,252 | $2.05M | +38,303 |
| BILSPDR SERIES TRUST SHS | principal | 19,700 | $1.8M | new |
| PDDPDD HOLDINGS INC ADR | principal | 13,783 | $1.56M | +702 |
| LQDISHARES TR SHS | principal | 11,575 | $1.28M | +5,075 |
| SPSBSPDR SERIES TRUST ST SHOR CORP ETF | principal | 25,000 | $755K | -10,000 |
| JNKSPDR SERIES TRUST BLOOMBERG HIGH Y | principal | 5,800 | $564K | new |
| EMLCVANECK ETF TRUST JP MRGAN EM LOC | principal | 16,000 | $413K | 0 |
| VWOBVANGUARD WHITEHALL FDS COM | principal | 4,500 | $303K | 0 |
| BEKEKE HLDGS INC ADR | principal | 16,956 | $267K | +1,777 |
| SESEA LTD SPONSORD ADS | principal | 948 | $121K | -650 |
| EMBISHARES TR JPMORGAN USD EMG | principal | 550 | $53K | 0 |
| TMETENCENT MUSIC ENTMT GROUP ADR | principal | 632 | $11.1K | -2,531 |
| HYGISHARES TR IBOXX HI YD ETF | principal | 100 | $8.06K | 0 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 292. All 292
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MFCMANULIFE FINL CORP | 8,041,164 | $250M | shares |
| BNSBANK NOVA SCOTIA B C | 1,910,072 | $123M | shares |
| DBDEUTSCHE BK AG | 3,464,900 | $122M | put |
| DBDEUTSCHE BK AG | 3,398,300 | $119M | call |
| SLFSUN LIFE FINANCIAL INC. | 1,953,362 | $117M | shares |
| PBAPEMBINA PIPELINE CORP | 2,358,809 | $95.4M | shares |
| KKELLANOVA | 1,079,435 | $88.4M | shares |
| CMCANADIAN IMPERIAL BANK OF CO | 1,085,730 | $86.7M | shares |
| BMOBANK OF MONTREAL | 499,622 | $65.1M | shares |
| SWSMURFIT WESTROCK PLC | 1,266,948 | $53.3M | shares |
| WPMWHEATON PRECIOUS METALS CORP | 475,417 | $53.2M | shares |
| CNICANADIAN NATL RY CO | 557,945 | $52.6M | shares |
| GIBCGI INC | 415,562 | $37M | shares |
| MTNVAIL RESORTS INC | 249,127 | $36.6M | shares |
| PDD HOLDINGS INCPDD HOLDINGS INC | 35,000,000 | $34.7M | principal |
| CNQCANADIAN NAT RES LTD MED TER | 988,015 | $31.6M | shares |
| BNBROOKFIELD CORP | 651,266 | $29.8M | shares |
| TECKTECK RESOURCES LTD | 600,715 | $26.3M | shares |
| OTEXOPEN TEXT CORP | 588,482 | $22M | shares |
| LOGILOGITECH INTL S A | 191,178 | $20.8M | shares |
| QIAGEN N.V.QIAGEN N.V. | 466,246 | $20.7M | shares |
| NTRNUTRIEN LTD | 352,564 | $20.7M | shares |
| ALEALLETE INC | 288,647 | $19.2M | shares |
| ARGXARGENX SE | 25,749 | $19M | shares |
| TUTELUS CORPORATION | 1,150,000 | $18.1M | call |
| FTSFORTIS INC | 299,837 | $15.2M | shares |
| AGIALAMOS GOLD INC | 421,413 | $14.7M | shares |
| MGAMAGNA INTL INC | 302,240 | $14.3M | shares |
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 498,079 | $14M | shares |
| SNDKSANDISK CORP | 120,000 | $13.6M | put |
| RBARB GLOBAL INC | 125,047 | $13.5M | shares |
| CCRNCROSS CTRY HEALTHCARE INC | 881,844 | $12.6M | shares |
| AXSMAXSOME THERAPEUTICS INC. | 101,001 | $12.3M | shares |
| SPRSPIRIT AEROSYSTEMS HLDGS INC | 303,743 | $11.8M | shares |
| MNSTMONSTER BEVERAGE CORP NEW | 172,700 | $11.6M | put |
| EMAEMERA INC | 232,129 | $11.1M | shares |
| SCPHARMACEUTICALS INCSCPHARMACEUTICALS INC | 1,900,042 | $10.8M | shares |
| PREMIER INCPREMIER INC | 383,687 | $10.7M | shares |
| FSVFIRSTSERVICE CORP NEW | 55,985 | $10.7M | shares |
| BCEBCE INC | 447,827 | $10.5M | shares |
| EYPTEYEPOINT INC | 716,453 | $10.2M | shares |
| GFLGFL ENVIRONMENTAL INC | 211,552 | $9.99M | shares |
| TDTORONTO DOMINION BK ONT | 123,300 | $9.89M | call |
| BNSBANK NOVA SCOTIA B C | 150,000 | $9.64M | call |
| UNILEVER PLCUNILEVER PLC | 159,196 | $9.43M | shares |
| SHOPSHOPIFY INC | 63,100 | $9.38M | call |
| PROPROS Holdings Inc | 398,941 | $9.15M | shares |
| Surmodics IncSurmodics Inc | 299,165 | $9.01M | shares |
| WAYWAYSTAR HLDG CORP | 233,522 | $8.85M | shares |
| CRNXCRINETICS PHARMACEUTICALS IN | 210,821 | $8.78M | shares |
| PRCTPROCEPT BIOROBOTICS CORP | 242,611 | $8.66M | shares |
| VERAVERA THERAPEUTICS INC | 297,017 | $8.63M | shares |
| CVECENOVUS ENERGY INC | 502,449 | $8.53M | shares |
| SLNOSOLENO THERAPEUTICS INC | 123,951 | $8.38M | shares |
| RCIROGERS COMMUNICATIONS INC | 242,861 | $8.35M | shares |
| HONHONEYWELL INTL INC | 39,700 | $8.29M | put |
| CAECAE INC | 263,259 | $7.79M | shares |
| BAMBROOKFIELD ASSET MANAGMT LTD | 128,364 | $7.3M | shares |
| BROSDUTCH BROS INC | 138,802 | $7.23M | shares |
| CMPSCOMPASS PATHWAYS PLC | 1,255,084 | $7.19M | shares |
| DSGXDESCARTES SYS GROUP INC | 69,436 | $6.54M | shares |
| IMOIMPERIAL OIL LTD | 69,744 | $6.32M | shares |
| MR COOPER GROUP INCMR COOPER GROUP INC | 29,562 | $6.23M | shares |
| CARTMAPLEBEAR INC | 174,147 | $6.21M | shares |
| XLVSELECT SECTOR SPDR TR | 43,000 | $5.94M | call |
| BCEBCE INC | 250,000 | $5.84M | call |
| ASHRDBX ETF TR | 147,500 | $4.86M | shares |
| HONHONEYWELL INTL INC | 22,200 | $4.64M | call |
| ARANTERO RESOURCES CORP | 138,034 | $4.64M | shares |
| AQNALGONQUIN POWER & UTILITIES | 746,873 | $4M | shares |
| GRTUFGRANITE REAL ESTATE INVESTME | 71,396 | $3.97M | shares |
| LXPLXP INDUSTRIAL TRUST | 437,900 | $3.92M | shares |
| CTASCINTAS CORP | 18,400 | $3.78M | call |
| CLHCLEAN HARBORS INC | 16,163 | $3.75M | shares |
| CACICACI INTL INC | 7,063 | $3.46M | shares |
| PRGOPERRIGO CO PLC | 156,783 | $3.41M | shares |
| RYROYAL BK CDA | 22,300 | $3.29M | call |
| TFIITFI INTERNATIONAL INC | 35,709 | $3.14M | shares |
| NXPINXP SEMICONDUCTORS N V | 13,700 | $3.11M | call |
| AZOAUTOZONE INC | 700 | $3.02M | put |
| PNFPPINNACLE FINANCIAL PARTNERS | 32,347 | $3M | shares |
| NXSTNEXSTAR MEDIA GROUP INC | 15,101 | $2.98M | shares |
| MAMASTERCARD INCORPORATED | 5,200 | $2.96M | call |
| VRNSVARONIS SYS INC | 50,233 | $2.88M | shares |
| LCIDLUCID GROUP INC | 120,000 | $2.8M | call |
| GLWCORNING INC | 29,600 | $2.43M | call |
| ICLICL GROUP LTD | 375,433 | $2.35M | shares |
| LTHLIFE TIME GROUP HOLDINGS INC | 84,188 | $2.32M | shares |
| TNLTRAVEL PLUS LEISURE CO | 39,156 | $2.31M | shares |
| ROPROPER TECHNOLOGIES INC | 4,500 | $2.24M | call |
| TTEKTETRA TECH INC NEW | 65,600 | $2.19M | put |
| KKRKKR & CO INC | 17,200 | $2.19M | call |
| MPWRMONOLITHIC PWR SYS INC | 2,300 | $2.12M | call |
| FHBFIRST HAWAIIAN INC | 80,437 | $1.97M | shares |
| ACHCACADIA HEALTHCARE COMPANY IN | 77,347 | $1.89M | shares |
| PMPHILIP MORRIS INTL INC | 11,600 | $1.88M | call |
| EXCEXELON CORP | 41,500 | $1.87M | call |
| KNSLKINSALE CAP GROUP INC | 4,405 | $1.85M | shares |
| GILGILDAN ACTIVEWEAR INC | 31,546 | $1.82M | shares |
| PGREPARAMOUNT GROUP INC | 266,771 | $1.74M | shares |
How Q4 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000873630-26-000001 | superseded | 2026-03-06 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0000873630-26-000002 | base | new holdings | 2026-03-20 | acceptance time not in the bulk data set |