Vault-13

HSBC HLDGS PLC HSBC

SPON ADR NEW · ADR · CUSIP 404280406 · ISIN US4042804066

British multinational bank

509 institutional holders +40 vs Q4 2024
74,793,66474.8m shares reported held*
$4.3bnreported value*
79 new 191 added 135 reduced 37 sold out net bought ≈ $1.2bn (+21.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($7.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.43. Options: 13 managers hold calls ($104.2m notional), 18 hold puts ($222.9m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 290Q4 22: 317Q1 23: 339Q2 23: 366Q3 23: 376Q4 23: 414Q1 24: 413Q2 24: 421Q3 24: 428Q4 24: 469Q1 25: 509509Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022290
Q4 2022317
Q1 2023339
Q2 2023366
Q3 2023376
Q4 2023414
Q1 2024413
Q2 2024421
Q3 2024428
Q4 2024469
Q1 2025509

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q2 23: 204 bought or addedQ2 23: 114 cut or sold outQ3 23: 177 bought or addedQ3 23: 127 cut or sold outQ3 23Q4 23: 191 bought or addedQ4 23: 152 cut or sold outQ1 24: 190 bought or addedQ1 24: 192 cut or sold outQ1 24Q2 24: 227 bought or addedQ2 24: 155 cut or sold outQ3 24: 203 bought or addedQ3 24: 175 cut or sold outQ3 24Q4 24: 231 bought or addedQ4 24: 154 cut or sold outQ1 25: 270 bought or addedQ1 25: 172 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023204114
Q3 2023177127
Q4 2023191152
Q1 2024190192
Q2 2024227155
Q3 2024203175
Q4 2024231154
Q1 2025270172

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ2 24 calls: $123.9mQ2 24 puts: $98.4mQ2 24P/C 0.79Q3 24 calls: $160.9mQ3 24 puts: $172.9mQ3 24P/C 1.07Q4 24 calls: $153.8mQ4 24 puts: $193.1mQ4 24P/C 1.26Q1 25 calls: $104.2mQ1 25 puts: $222.9mQ1 25P/C 2.14
Numbers
QuarterCallsPutsP/C
Q2 2024$123.9m$98.4m0.79
Q3 2024$160.9m$172.9m1.07
Q4 2024$153.8m$193.1m1.26
Q1 2025$104.2m$222.9m2.14

Biggest buyers

Fisher Asset Management, LLC New +15,612,574+15.6m
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. Added +1,024,780+1.0m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +957,571+957.6k
FIRST TRUST ADVISORS LP Added +753,849+753.8k
UBS Group AG Added +384,371+384.4k
MILLENNIUM MANAGEMENT LLC Added +375,527+375.5k
Connor, Clark & Lunn Investment Management Ltd. Added +341,187+341.2k
1832 Asset Management L.P. New +303,500+303.5k
RENAISSANCE TECHNOLOGIES LLC Added +278,607+278.6k
BlackRock, Inc. Added +268,303+268.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -551,408-551.4k
DIMENSIONAL FUND ADVISORS LP Reduced -246,104-246.1k
CITADEL ADVISORS LLC Reduced -194,843-194.8k
Ramirez Asset Management, Inc. Reduced -120,486-120.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -109,303-109.3k
Aquatic Capital Management LLC Reduced -107,067-107.1k
FRANKLIN RESOURCES INC Reduced -101,518-101.5k
Bank of New York Mellon Corp Reduced -70,136-70.1k
Generali Investments CEE, investicni spolecnost, a.s. Reduced -49,877-49.9k
Stamos Capital Partners, L.P. Reduced -45,169-45.2k

Biggest calls

JANE STREET GROUP, LLC Added $56.7m987.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.2m194.6k shares
Optiver Holding B.V. Reduced $6.1m105.5k shares
PEAK6 LLC Added $5.8m100.2k shares
UBS Group AG Reduced $4.8m83.8k shares
Walleye Trading LLC Reduced $4.7m81.6k shares
IMC-Chicago, LLC Reduced $3.3m56.6k shares
SIMPLEX TRADING, LLC Reduced $3.1m54.2k shares
Walleye Capital LLC Reduced $2.8m49.4k shares
CITADEL ADVISORS LLC Reduced $2.6m44.9k shares

Biggest puts

Optiver Holding B.V. Reduced $56.7m987.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $46.6m812.2k shares
Parallax Volatility Advisers, L.P. Added $26.6m462.5k shares
Squarepoint Ops LLC Added $13.9m242.7k shares
SIMPLEX TRADING, LLC Added $13.7m238.1k shares
UBS Group AG Reduced $11.2m195.5k shares
PEAK6 LLC Added $10.3m178.8k shares
CITADEL ADVISORS LLC Added $9.7m168.8k shares
BNP PARIBAS FINANCIAL MARKETS First filing $8.5m1.5k shares
JANE STREET GROUP, LLC Added $7.0m122.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.39% of their portfolio PLANO, TX 15,612,57415.6m $896.6m $896.6m 0.39% New
2 DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio AUSTIN, TX 10,386,22810.4m $596.5m $596.5m 0.15% Reduced -246.1k -246,104
3 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 6,491,7476.5m $372.8m $372.8m 0.03% Reduced -19.4k -19,360
4 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 4,726,4204.7m $271.4m $271.4m 0.05% Added +53.1k +53,072
5 FMR LLC 0.01% of their portfolio BOSTON, MA 3,089,7223.1m $177.4m $177.4m 0.01% Added +206.5k +206,484
6 Sanders Capital, LLC 0.25% of their portfolio West Palm Beach, FL 2,968,7203.0m $170.5m $170.5m 0.25% Reduced -12.4k -12,400
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,889,7512.9m $166.0m $166.0m 0.00% Added +268.3k +268,303
8 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 2,873,0962.9m $165.0m $165.0m 0.02% Added +91.8k +91,789
9 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,486,4392.5m $142.8m $142.8m 0.01% Reduced -551.4k -551,408
10 CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 18.67% of their portfolio Greenwich, CT 1,265,6561.3m $72.7m $72.7m 18.67% Added +1.0m +1,024,780
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,170,7011.2m $67.2m $67.2m 0.01% Added +384.4k +384,371
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,047,4471.0m $60.2m $60.2m 0.01% Added +136.7k +136,715
13 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 1,038,4031.0m $59.6m $59.6m 0.05% Added +957.6k +957,571
14 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,022,2311.0m $58.7m $58.7m 0.04% Added +85.2k +85,166
15 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 806,129806.1k $46.3m $46.3m 0.04% Added +753.8k +753,849
16 COOKSON PEIRCE & CO INC 1.92% of their portfolio PITTSBURGH, PA 663,755663.8k $38.1m $38.1m 1.92% Reduced -14.7k -14,671
17 Crossmark Global Holdings, Inc. 0.50% of their portfolio HOUSTON, TX 494,624494.6k $28.4m $28.4m 0.50% Reduced -20.0k -20,018
18 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.22% of their portfolio Stamford, CT 481,832481.8k $27.7m $27.7m 0.22% Added +79.9k +79,872
19 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 394,622394.6k $22.7m $22.7m 0.03% Added +278.6k +278,607
20 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 392,559392.6k $22.5m $22.5m 0.04% Reduced -2.8k -2,791
21 Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio VANCOUVER, A1 387,953388.0k $22.3m $22.3m 0.10% Added +341.2k +341,187
22 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 387,408387.4k $22.2m $22.2m 0.02% Added +375.5k +375,527
23 QRG CAPITAL MANAGEMENT, INC. 0.22% of their portfolio BERWYN, PA 366,245366.2k $21.0m $21.0m 0.22% Added +19.6k +19,584
24 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 333,978334.0k $19.2m $19.2m 0.01% Reduced -26.2k -26,214
25 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 326,076326.1k $18.7m $18.7m 0.06% Added +28.7k +28,668
26 MERITAGE PORTFOLIO MANAGEMENT 1.18% of their portfolio OVERLAND PARK, KS 310,347310.3k $17.8m $17.8m 1.18% Reduced -8.5k -8,478
27 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 303,500303.5k $17.4m $17.4m 0.03% New
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 299,463299.5k $17.2m $17.2m 0.00% Added +38.3k +38,328
29 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 298,706298.7k $17.2m $17.2m 0.02% Added +30.5k +30,509
30 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 295,890295.9k $17.0m $17.0m 0.00% Reduced -101.5k -101,518
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 277,429277.4k $15.9m $15.9m 0.00% Reduced -70.1k -70,136
32 Quantinno Capital Management LP 0.10% of their portfolio NEW YORK, NY 274,374274.4k $15.8m $15.8m 0.10% Added +50.5k +50,488
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 273,750273.8k $15.7m $15.7m 0.00% Reduced -16.1k -16,137
34 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 267,522267.5k $15.4m $15.4m 0.02% Reduced -8.5k -8,514
35 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 233,650233.7k $13.4m $13.4m 0.01% Added +80.1k +80,132
36 Janney Capital Management LLC 0.92% of their portfolio PITTSBURGH, PA 232,499232.5k $13.4m $13.4m 0.92% Added +44.3k +44,348
37 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 218,945218.9k $12.6m $12.6m 0.02% Added +55.0k +54,966
38 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 208,724208.7k $12.0m $12.0m 0.03% Added +25.0k +24,981
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 201,536201.5k $11.7m $11.7m 0.00% Added +31.8k +31,826
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 192,462192.5k $11.1m $11.1m 0.00% Added +90.3k +90,255
41 Mariner, LLC 0.02% of their portfolio Overland Park, KS 182,108182.1k $10.5m $10.5m 0.02% Reduced -4.9k -4,877
42 GQG Partners LLC 0.02% of their portfolio FT. LAUDERDALE, FL 181,718181.7k $10.4m $10.4m 0.02% Added +8.8k +8,805
43 Promethos Capital, LLC 3.82% of their portfolio BOSTON, MA 180,964181.0k $10.4m $10.4m 3.82% Added +20.7k +20,711
44 Gunderson Capital Management LLC 6.62% of their portfolio Mt. Pleasant, SC 179,124179.1k $10.3m $10.3m 6.62% New
45 Ethic Inc. 0.20% of their portfolio NEW YORK, NY 170,752170.8k $9.8m $9.8m 0.20% Reduced -3.8k -3,787
46 American Assets Investment Management, LLC 0.84% of their portfolio SAN DIEGO, CA 166,918166.9k $9.6m $9.6m 0.84% Unchanged
47 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 165,197165.2k $9.5m $9.5m 0.04% Added +1.4k +1,387
48 RITHOLTZ WEALTH MANAGEMENT 0.24% of their portfolio NEW YORK, NY 137,797137.8k $7.9m $7.9m 0.24% Reduced -3.3k -3,311
49 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 132,906132.9k $7.6m $7.6m 0.01% Reduced -3.5k -3,457
50 CWM, LLC 0.03% of their portfolio OMAHA, NE 130,850130.8k $7.5m $7.5m 0.03% Reduced -9.5k -9,530
51 Parallax Volatility Advisers, L.P. 0.22% of their portfolio San Francisco, CA 120,305120.3k $6.9m $6.9m 0.22% Reduced -26.9k -26,927
52 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 117,616117.6k $6.8m $6.8m 0.01% Reduced -194.8k -194,843
53 M&T Bank Corp 0.02% of their portfolio BUFFALO, NY 117,004117.0k $6.7m $6.7m 0.02% Added +1.6k +1,550
54 QUADRANT CAPITAL GROUP LLC 0.25% of their portfolio CINCINNATI, OH 116,034116.0k $6.7m $6.7m 0.25% Added +80.8k +80,828
55 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 115,735115.7k $6.6m $6.6m 0.01% First filing
56 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 115,202115.2k $6.6m $6.6m 0.01% Added +8.7k +8,664
57 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 110,682110.7k $6.4m $6.4m 0.01% Added +1.3k +1,333
58 Vanguard Personalized Indexing Management, LLC 0.09% of their portfolio OAKLAND, CA 108,707108.7k $6.2m $6.2m 0.09% Added +12.0k +12,028
59 HENNESSY ADVISORS INC 0.21% of their portfolio NOVATO, CA 108,100108.1k $6.2m $6.2m 0.21% Reduced -17.1k -17,100
60 Manatuck Hill Partners, LLC 2.84% of their portfolio WESTPORT, CT 107,448107.4k $6.2m $6.2m 2.84% Unchanged
61 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 99,94999.9k $5.7m $5.7m 0.01% Added +30.4k +30,377
62 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 95,76895.8k $5.5m $5.5m 0.01% Added +17.3k +17,321
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 93,48193.5k $5.4m $5.4m 0.01% Added +71.7k +71,738
64 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 92,50092.5k $5.3m $5.3m 0.01% Added +34.4k +34,400
65 XTX Topco Ltd 0.27% of their portfolio LONDON, X0 90,28590.3k $5.2m $5.2m 0.27% Added +53.5k +53,489
66 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 87,12787.1k $4.7m $4.7m 0.02% Added +45.2k +45,194
67 CASTLEARK MANAGEMENT LLC 0.17% of their portfolio CHICAGO, IL 84,20084.2k $4.8m $4.8m 0.17% New
68 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 83,92783.9k $4.8m $4.8m 0.01% Added +51.3k +51,251
69 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 83,81583.8k $4.8m $4.8m 0.00% Reduced -109.3k -109,303
70 Naviter Wealth, LLC 0.59% of their portfolio LITTLE ROCK, AR 81,51481.5k $4.9m $4.9m 0.59% Added +436 +436
71 Generali Investments CEE, investicni spolecnost, a.s. 0.43% of their portfolio PRAGUE, 2N 79,61679.6k $4.6m $4.6m 0.43% Reduced -49.9k -49,877
72 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 76,07576.1k $4.4m $4.4m 0.00% Added +4.0k +4,035
73 CAAS CAPITAL MANAGEMENT LP 2.00% of their portfolio NEW YORK, NY 73,52973.5k $4.2m $4.2m 2.00% Added +4.5k +4,492
74 SIH Partners, LLLP 0.35% of their portfolio Wilmington, DE 69,09869.1k $4.0m $4.0m 0.35% Added +36.4k +36,373
75 Vident Advisory, LLC 0.06% of their portfolio Alpharetta, GA 68,55968.6k $3.9m $3.9m 0.06% Added +5.5k +5,472
76 Jain Global LLC 0.08% of their portfolio NEW YORK, NY 67,26167.3k $3.9m $3.9m 0.08% Added +42.5k +42,547
77 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 63,51163.5k $3.6m $3.6m 0.00% Added +12.7k +12,731
78 Old Port Advisors 1.08% of their portfolio PORTLAND, ME 63,09863.1k $3.6m $3.6m 1.08% Reduced -951 -951
79 Catalyst Capital Advisors LLC 0.07% of their portfolio San Juan, PR 60,48060.5k $3.5m $3.5m 0.07% Reduced -4.3k -4,325
80 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 60,40160.4k $3.5m $3.5m 0.01% Added +11.5k +11,463
81 PEAK6 LLC 0.13% of their portfolio AUSTIN, TX 59,77859.8k $3.4m $3.4m 0.13% New
82 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 59,73459.7k $3.4m $3.4m 0.01% Added +1.1k +1,148
83 SIGNATUREFD, LLC 0.06% of their portfolio ATLANTA, GA 58,73058.7k $3.4m $3.4m 0.06% Added +2.4k +2,367
84 Americana Partners, LLC 0.13% of their portfolio Houston, TX 57,08357.1k $3.3m $3.3m 0.13% Added +10.5k +10,460
85 Compound Planning, Inc. 0.15% of their portfolio NEW YORK, NY 56,67456.7k $3.3m $3.3m 0.15% Added +16.1k +16,082
86 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 56,60156.6k $3.3m $3.3m 0.00% Added +275 +275
87 Caprock Group, LLC 0.10% of their portfolio BOISE, ID 55,93955.9k $3.3m $3.3m 0.10% Added +6.9k +6,874
88 Sequoia Financial Advisors, LLC 0.02% of their portfolio Akron, OH 55,78555.8k $3.2m $3.2m 0.02% Added +970 +970
89 CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio PARIS, I0 55,14555.1k $3.2m $3.2m 0.04% Reduced -6.7k -6,713
90 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 53,41453.4k $3.1m $3.1m 0.00% Added +5.4k +5,431
91 Stamos Capital Partners, L.P. 0.77% of their portfolio Menlo Park, CA 51,31151.3k $2.9m $2.9m 0.77% Reduced -45.2k -45,169
92 ABC ARBITRAGE SA 0.54% of their portfolio PARIS, I0 50,66950.7k $2.9m $2.9m 0.54% Added +46.6k +46,559
93 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 47,37947.4k $2.7m $2.7m 0.00% Added +6.9k +6,884
94 TrueMark Investments, LLC 0.69% of their portfolio CHICAGO, IL 45,54445.5k $2.6m $2.6m 0.69% New
95 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 45,19445.2k $2.6m $2.6m 0.03% Added +3.3k +3,261
96 Arkadios Wealth Advisors 0.10% of their portfolio ATLANTA, GA 44,90344.9k $2.6m $2.6m 0.10% New
97 Forum Financial Management, LP 0.04% of their portfolio LOMBARD, IL 43,31743.3k $2.5m $2.5m 0.04% Unchanged
98 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 43,21143.2k $2.5m $2.5m 0.04% Added +10.1k +10,135
99 YOUSIF CAPITAL MANAGEMENT, LLC 0.03% of their portfolio BLOOMFIELD HILLS, MI 42,89142.9k $2.5m $2.5m 0.03% Unchanged
100 BRANDES INVESTMENT PARTNERS, LP 0.02% of their portfolio LA JOLLA, CA 38,99839.0k $2.2m $2.2m 0.02% Reduced -8.2k -8,219