Vault-13

HSBC HLDGS PLC HSBC

SPON ADR NEW · ADR · CUSIP 404280406 · ISIN US4042804066

British multinational bank

515 institutional holders +6 vs Q1 2025
78,228,28978.2m shares reported held*
$4.8bnreported value*
63 new 213 added 128 reduced 55 sold out net bought ≈ $212.5m (+3.5m 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 ($6.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.78. Options: 16 managers hold calls ($212.6m notional), 20 hold puts ($259.6m).

Trends to Q2 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: 509Q2 25: 515515Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025515

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 177 bought or addedQ3 23: 127 cut or sold outQ4 23: 191 bought or addedQ4 23: 152 cut or sold outQ4 23Q1 24: 190 bought or addedQ1 24: 192 cut or sold outQ2 24: 227 bought or addedQ2 24: 155 cut or sold outQ2 24Q3 24: 203 bought or addedQ3 24: 175 cut or sold outQ4 24: 231 bought or addedQ4 24: 154 cut or sold outQ4 24Q1 25: 270 bought or addedQ1 25: 172 cut or sold outQ2 25: 276 bought or addedQ2 25: 183 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023177127
Q4 2023191152
Q1 2024190192
Q2 2024227155
Q3 2024203175
Q4 2024231154
Q1 2025270172
Q2 2025276183

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 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 2.14Q2 25 calls: $212.6mQ2 25 puts: $259.6mQ2 25P/C 1.22
Numbers
QuarterCallsPutsP/C
Q3 2024$160.9m$172.9m1.07
Q4 2024$153.8m$193.1m1.26
Q1 2025$104.2m$222.9m2.14
Q2 2025$212.6m$259.6m1.22

Biggest buyers

ROYAL BANK OF CANADA Added +1,457,971+1.5m
Fisher Asset Management, LLC Added +1,430,797+1.4m
GOLDMAN SACHS GROUP INC Added +879,353+879.4k
JPMORGAN CHASE & CO Added +309,738+309.7k
FMR LLC Added +269,952+270.0k
RENAISSANCE TECHNOLOGIES LLC Added +256,600+256.6k
CAPITAL FUND MANAGEMENT S.A. Added +243,637+243.6k
BANK OF MONTREAL /CAN/ Added +133,591+133.6k
AMERICAN CENTURY COMPANIES INC Added +121,151+121.2k
ABC ARBITRAGE SA Added +120,110+120.1k

Biggest sellers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -1,038,403-1.0m
BANK OF AMERICA CORP /DE/ Reduced -375,872-375.9k
MILLENNIUM MANAGEMENT LLC Reduced -374,571-374.6k
MORGAN STANLEY Reduced -202,176-202.2k
GQG Partners LLC Reduced -174,493-174.5k
UBS Group AG Reduced -149,794-149.8k
FIRST TRUST ADVISORS LP Reduced -116,879-116.9k
Connor, Clark & Lunn Investment Management Ltd. Reduced -99,722-99.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -82,677-82.7k
AMERIPRISE FINANCIAL INC Reduced -81,772-81.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $65.6m1.1m shares
CITADEL ADVISORS LLC Added $28.1m462.7k shares
MILLENNIUM MANAGEMENT LLC New $22.0m362.7k shares
JANE STREET GROUP, LLC Reduced $19.8m326.2k shares
Optiver Holding B.V. Added $16.9m278.0k shares
BNP PARIBAS FINANCIAL MARKETS Added $11.6m1.9k shares
Twin Tree Management, LP New $9.9m162.8k shares
IMC-Chicago, LLC Added $9.2m150.9k shares
Walleye Trading LLC Added $8.4m138.6k shares
PEAK6 LLC Added $6.5m106.4k shares

Biggest puts

Optiver Holding B.V. Added $60.5m995.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Unchanged $49.4m812.2k shares
BARCLAYS PLC New $30.9m508.8k shares
CITADEL ADVISORS LLC Added $27.9m458.6k shares
UBS Group AG Added $17.3m285.4k shares
BNP PARIBAS FINANCIAL MARKETS Added $11.5m1.9k shares
SIMPLEX TRADING, LLC Reduced $8.8m145.3k shares
Parallax Volatility Advisers, L.P. Reduced $8.5m140.1k shares
JANE STREET GROUP, LLC Added $8.1m133.6k shares
IMC-Chicago, LLC Added $6.6m108.1k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.41% of their portfolio PLANO, TX 17,043,37117.0m $1.0bn $1.0bn 0.41% Added +1.4m +1,430,797
2 DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio AUSTIN, TX 10,390,57110.4m $631.6m $631.6m 0.15% Added +4.3k +4,343
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,289,5716.3m $382.3m $382.3m 0.02% Reduced -202.2k -202,176
4 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 5,605,7735.6m $340.8m $340.8m 0.06% Added +879.4k +879,353
5 FMR LLC 0.01% of their portfolio BOSTON, MA 3,359,6743.4m $204.2m $204.2m 0.01% Added +270.0k +269,952
6 Sanders Capital, LLC 0.24% of their portfolio West Palm Beach, FL 2,971,6303.0m $180.6m $180.6m 0.24% Added +2.9k +2,910
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,943,8662.9m $179.0m $179.0m 0.00% Added +54.1k +54,115
8 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 2,908,7922.9m $176.8m $176.8m 0.02% Added +35.7k +35,696
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,505,4182.5m $152.3m $152.3m 0.01% Added +1.5m +1,457,971
10 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,110,5672.1m $128.3m $128.3m 0.01% Reduced -375.9k -375,872
11 CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 22.01% of their portfolio Greenwich, CT 1,265,6561.3m $76.9m $76.9m 22.01% Unchanged
12 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,143,3821.1m $69.5m $69.5m 0.04% Added +121.2k +121,151
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,020,9071.0m $62.1m $62.1m 0.01% Reduced -149.8k -149,794
14 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 689,250689.2k $41.9m $41.9m 0.03% Reduced -116.9k -116,879
15 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 651,222651.2k $39.6m $39.6m 0.05% Added +256.6k +256,600
16 COOKSON PEIRCE & CO INC 1.73% of their portfolio PITTSBURGH, PA 646,724646.7k $39.3m $39.3m 1.73% Reduced -17.0k -17,031
17 Crossmark Global Holdings, Inc. 0.49% of their portfolio HOUSTON, TX 502,973503.0k $30.6m $30.6m 0.49% Added +8.3k +8,349
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 502,200502.2k $30.5m $30.5m 0.00% Added +309.7k +309,738
19 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.19% of their portfolio Stamford, CT 469,659469.7k $28.6m $28.6m 0.19% Reduced -12.2k -12,173
20 QRG CAPITAL MANAGEMENT, INC. 0.21% of their portfolio BERWYN, PA 393,564393.6k $23.9m $23.9m 0.21% Added +27.3k +27,319
21 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 386,314386.3k $23.5m $23.5m 0.04% Reduced -6.2k -6,245
22 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 365,570365.6k $22.2m $22.2m 0.03% Added +98.0k +98,048
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 350,629350.6k $21.3m $21.3m 0.00% Added +51.2k +51,166
24 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 338,050338.1k $20.6m $20.6m 0.01% Added +4.1k +4,072
25 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 313,074313.1k $19.0m $19.0m 0.02% Added +14.4k +14,368
26 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 306,115306.1k $18.6m $18.6m 0.06% Reduced -20.0k -19,961
27 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 303,500303.5k $18.4m $18.4m 0.03% Unchanged
28 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 299,844299.8k $18.2m $18.2m 0.01% Added +66.2k +66,194
29 CAPITAL FUND MANAGEMENT S.A. 0.20% of their portfolio PARIS, I0 298,782298.8k $18.2m $18.2m 0.20% Added +243.6k +243,637
30 MERITAGE PORTFOLIO MANAGEMENT 1.14% of their portfolio OVERLAND PARK, KS 295,652295.7k $18.0m $18.0m 1.14% Reduced -14.7k -14,695
31 Quantinno Capital Management LP 0.08% of their portfolio NEW YORK, NY 289,763289.8k $17.6m $17.6m 0.08% Added +15.4k +15,389
32 Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio VANCOUVER, A1 288,231288.2k $17.5m $17.5m 0.06% Reduced -99.7k -99,722
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 288,062288.1k $17.5m $17.5m 0.00% Added +10.6k +10,633
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 279,437279.4k $17.0m $17.0m 0.00% Added +5.7k +5,687
35 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 271,011271.0k $16.5m $16.5m 0.00% Reduced -24.9k -24,879
36 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 241,644241.6k $14.7m $14.7m 0.02% Added +22.7k +22,699
37 Janney Capital Management LLC 0.90% of their portfolio PITTSBURGH, PA 228,266228.3k $13.9m $13.9m 0.90% Reduced -4.2k -4,233
38 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 217,506217.5k $13.2m $13.2m 0.01% Added +101.8k +101,771
39 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 217,379217.4k $13.2m $13.2m 0.01% Added +99.8k +99,763
40 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 216,280216.3k $13.1m $13.1m 0.03% Added +7.6k +7,556
41 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 209,666209.7k $12.7m $12.7m 0.01% Added +133.6k +133,591
42 Mariner, LLC 0.02% of their portfolio Overland Park, KS 197,258197.3k $12.0m $12.0m 0.02% Added +15.2k +15,150
43 Promethos Capital, LLC 3.95% of their portfolio BOSTON, MA 192,564192.6k $11.7m $11.7m 3.95% Added +11.6k +11,600
44 ABC ARBITRAGE SA 1.19% of their portfolio PARIS, I0 170,779170.8k $10.4m $10.4m 1.19% Added +120.1k +120,110
45 Gunderson Capital Management LLC 4.27% of their portfolio Mt. Pleasant, SC 168,115168.1k $10.2m $10.2m 4.27% Reduced -11.0k -11,009
46 American Assets Investment Management, LLC 0.82% of their portfolio SAN DIEGO, CA 166,918166.9k $10.1m $10.1m 0.82% Unchanged
47 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 159,153159.2k $9.7m $9.7m 0.04% Reduced -6.0k -6,044
48 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 154,381154.4k $9.4m $9.4m 0.01% Added +54.4k +54,432
49 Ethic Inc. 0.16% of their portfolio NEW YORK, NY 150,385150.4k $9.1m $9.1m 0.16% Reduced -20.4k -20,367
50 RITHOLTZ WEALTH MANAGEMENT 0.18% of their portfolio NEW YORK, NY 132,819132.8k $8.1m $8.1m 0.18% Reduced -5.0k -4,978
51 CWM, LLC 0.03% of their portfolio OMAHA, NE 129,095129.1k $7.8m $7.8m 0.03% Reduced -1.8k -1,755
52 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 125,767125.8k $7.6m $7.6m 0.01% Added +10.6k +10,565
53 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 119,764119.8k $7.3m $7.3m 0.00% Reduced -81.8k -81,772
54 M&T Bank Corp 0.03% of their portfolio BUFFALO, NY 119,757119.8k $7.3m $7.3m 0.03% Added +2.8k +2,753
55 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 118,474118.5k $7.2m $7.2m 0.01% Reduced -14.4k -14,432
56 Vanguard Personalized Indexing Management, LLC 0.08% of their portfolio OAKLAND, CA 117,639117.6k $7.2m $7.2m 0.08% Added +8.9k +8,932
57 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 110,001110.0k $6.7m $6.7m 0.01% Reduced -681 -681
58 HENNESSY ADVISORS INC 0.22% of their portfolio NOVATO, CA 108,100108.1k $6.6m $6.6m 0.22% Unchanged
59 Manatuck Hill Partners, LLC 2.46% of their portfolio WESTPORT, CT 107,448107.4k $6.5m $6.5m 2.46% Unchanged
60 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 104,900104.9k $6.4m $6.4m 0.01% Added +12.4k +12,400
61 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 103,087103.1k $6.3m $6.3m 0.01% Added +85.0k +85,026
62 Generali Investments CEE, investicni spolecnost, a.s. 0.50% of their portfolio PRAGUE, 2N 99,50099.5k $6.0m $6.0m 0.50% Added +19.9k +19,884
63 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 98,70898.7k $6.0m $6.0m 0.01% Added +2.9k +2,940
64 QUADRANT CAPITAL GROUP LLC 0.21% of their portfolio CINCINNATI, OH 96,27396.3k $5.9m $5.9m 0.21% Reduced -19.8k -19,761
65 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 93,43693.4k $5.7m $5.7m 0.01% Added +54.5k +54,520
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 92,47692.5k $5.6m $5.6m 0.00% Added +8.7k +8,661
67 Aquatic Capital Management LLC 0.11% of their portfolio CHICAGO, IL 90,44590.4k $5.5m $5.5m 0.11% Added +77.1k +77,125
68 Naviter Wealth, LLC 0.63% of their portfolio LITTLE ROCK, AR 84,07484.1k $5.1m $5.1m 0.63% Added +2.6k +2,560
69 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 83,69883.7k $5.1m $5.1m 0.01% Added +24.0k +23,964
70 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 80,88480.9k $4.9m $4.9m 0.01% Reduced -3.0k -3,043
71 Vident Advisory, LLC 0.05% of their portfolio Alpharetta, GA 76,50676.5k $4.7m $4.7m 0.05% Added +7.9k +7,947
72 Callan Family Office, LLC 0.13% of their portfolio RADNOR, PA 69,11269.1k $4.2m $4.2m 0.13% Added +50.2k +50,235
73 SIH Partners, LLLP 0.40% of their portfolio Wilmington, DE 69,09869.1k $4.2m $4.2m 0.40% Unchanged
74 Limestone Investment Advisors LP 1.82% of their portfolio NEW YORK, NY 69,03769.0k $4.2m $4.2m 1.82% First filing
75 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 63,22163.2k $3.8m $3.8m 0.00% Added +15.8k +15,842
76 AMJ Financial Wealth Management 0.96% of their portfolio LEESBURG, VA 62,21362.2k $3.8m $3.8m 0.96% New
77 Old Port Advisors 1.01% of their portfolio PORTLAND, ME 60,83860.8k $3.7m $3.7m 1.01% Reduced -2.3k -2,260
78 Compound Planning, Inc. 0.14% of their portfolio NEW YORK, NY 60,42160.4k $3.7m $3.7m 0.14% Added +3.7k +3,747
79 Stamos Capital Partners, L.P. 0.66% of their portfolio Menlo Park, CA 60,21860.2k $3.7m $3.7m 0.66% Added +8.9k +8,907
80 Laird Norton Wetherby Wealth Management, LLC 0.16% of their portfolio Seattle, WA 59,48459.5k $3.6m $3.6m 0.16% First filing
81 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 59,21859.2k $3.6m $3.6m 0.00% Reduced -4.3k -4,293
82 SIGNATUREFD, LLC 0.06% of their portfolio ATLANTA, GA 59,10659.1k $3.6m $3.6m 0.06% Added +376 +376
83 Catalyst Capital Advisors LLC 0.07% of their portfolio San Juan, PR 57,80557.8k $3.5m $3.5m 0.07% Reduced -2.7k -2,675
84 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 57,62857.6k $3.5m $3.5m 0.00% Added +44.9k +44,904
85 Sequoia Financial Advisors, LLC 0.02% of their portfolio Akron, OH 56,75656.8k $3.5m $3.5m 0.02% Added +971 +971
86 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 56,45956.5k $3.4m $3.4m 0.02% Added +44.0k +44,003
87 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 55,05455.1k $3.3m $3.3m 0.00% Added +1.6k +1,640
88 Americana Partners, LLC 0.12% of their portfolio Houston, TX 54,95255.0k $3.3m $3.3m 0.12% Reduced -2.1k -2,131
89 TrueMark Investments, LLC 0.71% of their portfolio CHICAGO, IL 53,87053.9k $3.3m $3.3m 0.71% Added +8.3k +8,326
90 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 51,97652.0k $3.2m $3.2m 0.00% Reduced -4.6k -4,625
91 Parallax Volatility Advisers, L.P. 0.12% of their portfolio San Francisco, CA 50,35150.4k $3.1m $3.1m 0.12% Reduced -70.0k -69,954
92 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 49,23749.2k $3.0m $3.0m 0.03% Added +4.0k +4,043
93 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 47,81647.8k $2.9m $2.9m 0.01% Reduced -12.6k -12,585
94 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 46,69546.7k $2.8m $2.8m 0.00% Added +11.3k +11,270
95 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 46,51646.5k $2.8m $2.8m 0.04% Added +3.3k +3,305
96 YOUSIF CAPITAL MANAGEMENT, LLC 0.03% of their portfolio BLOOMFIELD HILLS, MI 46,03146.0k $2.8m $2.8m 0.03% Added +3.1k +3,140
97 Forum Financial Management, LP 0.04% of their portfolio LOMBARD, IL 44,24644.2k $2.7m $2.7m 0.04% Added +929 +929
98 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 42,60042.6k $2.6m $2.6m 0.01% New
99 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 42,17942.2k $2.6m $2.6m 0.01% Added +4.1k +4,069
100 CASTLEARK MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 42,10042.1k $2.6m $2.6m 0.08% Reduced -42.1k -42,100