HSBC HLDGS PLC HSBC
SPON ADR NEW · ADR · CUSIP 404280406 · ISIN US4042804066
British multinational bank
* 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 ($27.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.49. Options: 20 managers hold calls ($213.9m notional), 17 hold puts ($252.5m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 290 |
| Q4 2022 | 317 |
| Q1 2023 | 339 |
| Q2 2023 | 366 |
| Q3 2023 | 376 |
| Q4 2023 | 414 |
| Q1 2024 | 413 |
| Q2 2024 | 421 |
| Q3 2024 | 428 |
| Q4 2024 | 469 |
| Q1 2025 | 509 |
| Q2 2025 | 515 |
| Q3 2025 | 556 |
| Q4 2025 | 617 |
| Q1 2026 | 646 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 227 | 155 |
| Q3 2024 | 203 | 175 |
| Q4 2024 | 231 | 154 |
| Q1 2025 | 270 | 172 |
| Q2 2025 | 276 | 183 |
| Q3 2025 | 302 | 182 |
| Q4 2025 | 350 | 168 |
| Q1 2026 | 342 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $212.6m | $259.6m | 1.22 |
| Q3 2025 | $282.9m | $321.6m | 1.14 |
| Q4 2025 | $312.0m | $380.1m | 1.22 |
| Q1 2026 | $213.9m | $252.5m | 1.18 |
Biggest buyers
| FMR LLC | Added | +634.7k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +417.5k |
| Fisher Asset Management, LLC | Added | +402.1k |
| CITIGROUP INC | Added | +392.4k |
| JANE STREET GROUP, LLC | Added | +259.4k |
| UBS Group AG | Added | +251.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +228.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +227.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +220.8k |
| Janney Montgomery Scott LLC | Added | +217.0k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | Reduced | -784.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -390.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -219.0k |
| Qube Research & Technologies Ltd | Reduced | -159.6k |
| TWO SIGMA ADVISERS, LP | Sold out | -143.6k |
| Campbell & CO Investment Adviser LLC | Sold out | -94.3k |
| HRT FINANCIAL LP | Reduced | -89.4k |
| Balyasny Asset Management L.P. | Sold out | -84.9k |
| BlackRock, Inc. | Reduced | -83.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $59.0m715.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $41.7m505.7k shares |
| Optiver Holding B.V. | Reduced | $39.2m474.8k shares |
| JANE STREET GROUP, LLC | Reduced | $14.7m177.7k shares |
| IMC-Chicago, LLC | Added | $14.1m170.5k shares |
| Walleye Trading LLC | Reduced | $9.6m116.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.8m94.7k shares |
| Parallax Volatility Advisers, L.P. | Added | $6.3m69.0k shares |
| Point72 Asset Management, L.P. | Added | $4.9m59.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.6m43.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $83.6m1.0m shares |
| Optiver Holding B.V. | Reduced | $56.9m689.9k shares |
| IMC-Chicago, LLC | Added | $22.3m270.5k shares |
| JANE STREET GROUP, LLC | Added | $18.0m218.2k shares |
| CITADEL ADVISORS LLC | Reduced | $13.2m160.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.5m152.1k shares |
| Walleye Trading LLC | Reduced | $9.5m115.7k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $7.9m95.2k shares |
| Point72 Asset Management, L.P. | Added | $7.3m88.2k shares |
| GROUP ONE TRADING LLC | Added | $5.7m69.1k 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 Q1 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-27 | Bingham Jonathan Global Financial Controller · By trust in the HSBC UK Share Incentive Plan | Bought | —13 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Fisher Asset Management, LLC 0.51% of their portfolio | 18.2m $1.5bn | Added +402.1k |
| DIMENSIONAL FUND ADVISORS LP 0.17% of their portfolio | 10.0m $822.6m | Reduced -390.1k |
| MORGAN STANLEY 0.04% of their portfolio | 7.7m $631.7m | Added +174.6k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 4.6m $382.0m | Reduced -1.3m |
| FMR LLC 0.02% of their portfolio | 3.8m $311.5m | Added +634.7k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.0m $251.4m | Added +39.2k |
| Sanders Capital, LLC 0.28% of their portfolio | 2.8m $231.6m | Reduced -80.4k |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $211.5m | Reduced -83.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.4m $196.8m | Added +124.2k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.7m $137.6m | Added +227.4k |
| Clearbridge Investments, LLC 0.11% of their portfolio | 1.5m $127.0m | Added +96.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.3m $107.6m | Added +192.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.18% of their portfolio | 936.6k $77.3m | Added +220.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.26% of their portfolio | 633.8k $52.3m | Added +43.1k |
| UBS Group AG 0.01% of their portfolio | 608.2k $50.2m | Added +251.4k |
| COOKSON PEIRCE & CO INC 2.07% of their portfolio | 593.9k $49.0m | Reduced -20.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 579.6k $47.8m | Added +94.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 551.2k $45.4m | Reduced -4.5k |
| Quantinno Capital Management LP 0.07% of their portfolio | 525.8k $43.4m | Added +90.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 524.1k $43.2m | Added +417.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 500.5k $41.3m | Added +6.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 481.8k $38.2m | Added +127.7k |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 11.13% of their portfolio | 481.1k $39.7m | Reduced -784.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 469.1k $38.7m | Added +120.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 464.6k $38.3m | Reduced -5.9k |
| Crossmark Global Holdings, Inc. 0.54% of their portfolio | 444.5k $36.7m | Reduced -22.3k |
| CITIGROUP INC 0.02% of their portfolio | 415.1k $34.2m | Added +392.4k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 406.8k $33.6m | Reduced -327 |
| LPL Financial LLC 0.01% of their portfolio | 377.4k $31.1m | Reduced -6.7k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 338.4k $27.9m | Added +169.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 336.9k $27.8m | Added +190.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 328.6k $27.1m | Added +33.6k |
| Creative Planning 0.02% of their portfolio | 316.7k $26.1m | Reduced -1.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 314.8k $26.0m | Reduced -5.1k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 312.1k $25.7m | Added +259.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 310.4k $25.6m | Reduced -219.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 305.3k $25.2m | Added +171.6k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 291.7k $24.1m | Reduced -6.7k |
| ABC ARBITRAGE SA 3.10% of their portfolio | 283.1k $23.4m | Reduced -77.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 258.5k $21.3m | Added +228.0k |
| HighTower Advisors, LLC 0.02% of their portfolio | 255.5k $21.1m | Reduced -11.0k |
| Janney Montgomery Scott LLC 0.05% of their portfolio | 242.8k $20.0m | Added +217.0k |
| QRG CAPITAL MANAGEMENT, INC. 0.20% of their portfolio | 233.2k $19.2m | Added +9.0k |
| Mariner, LLC 0.02% of their portfolio | 218.9k $18.0m | Added +13.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.16% of their portfolio | 217.0k $17.9m | Reduced -48.5k |
| Foresight Global Investors, Inc. 11.31% of their portfolio | 211.1k $17.4m | Reduced -82.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 210.6k $17.4m | Reduced -50.3k |
| MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio | 206.2k $17.0m | Added +2.5k |
| Beck Bode, LLC 2.86% of their portfolio | 204.9k $16.9m | New |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 201.7k $16.6m | Reduced -159.6k |
| Promethos Capital, LLC 4.41% of their portfolio | 199.1k $16.4m | Reduced -340 |
| CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio | 187.4k $15.5m | Added +163.9k |
| Pathstone Holdings, LLC 0.06% of their portfolio | 176.2k $14.6m | Added +9.3k |
| RITHOLTZ WEALTH MANAGEMENT 0.25% of their portfolio | 174.8k $14.4m | Added +14.0k |
| CWM, LLC 0.04% of their portfolio | 173.2k $14.3m | Reduced -9.6k |
| US BANCORP \DE\ 0.02% of their portfolio | 172.3k $14.2m | Added +6.4k |
| American Assets Investment Management, LLC 0.93% of their portfolio | 166.9k $13.8m | Unchanged |
| Ethic Inc. 0.21% of their portfolio | 158.7k $13.1m | Added +4.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 148.3k $12.2m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 142.2k $11.7m | Added +4.5k |
| SG Americas Securities, LLC 0.01% of their portfolio | 137.9k $11.4m | Reduced -7.3k |
| OLD MISSION CAPITAL LLC 0.27% of their portfolio | 137.8k $11.4m | Added +90.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 137.6k $11.5m | Added +12.8k |
| Tredje AP-fonden 0.06% of their portfolio | 133.9k $11.0m | Added +47.0k |
| Cerity Partners LLC 0.02% of their portfolio | 129.9k $10.7m | Added +9.6k |
| Vanguard Personalized Indexing Management, LLC 0.10% of their portfolio | 129.5k $10.7m | Reduced -1.4k |
| Vident Advisory, LLC 0.08% of their portfolio | 116.0k $9.6m | Added +42.6k |
| M&T Bank Corp 0.03% of their portfolio | 115.4k $9.5m | Reduced -4.9k |
| Manatuck Hill Partners, LLC 2.90% of their portfolio | 107.4k $8.9m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 104.9k $8.7m | Added +35.8k |
| MML INVESTORS SERVICES, LLC 0.02% of their portfolio | 104.5k $8.6m | Reduced -18.9k |
| Orion Porfolio Solutions, LLC 0.07% of their portfolio | 102.9k $8.5m | Added +4.0k |
| Brooklyn Investment Group 0.26% of their portfolio | 102.3k $8.4m | Added +26.1k |
| Laird Norton Wetherby Trust Company, LLC 0.18% of their portfolio | 99.5k $8.4m | Added +1.9k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 95.3k $7.9m | Reduced -26.7k |
| BARCLAYS PLC 0.00% of their portfolio | 94.7k $7.8m | Added +94.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 93.9k $7.7m | Added +16.9k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 89.4k $7.4m | Added +1.9k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 87.3k $7.2m | Reduced -28.3k |
| HRT FINANCIAL LP 0.03% of their portfolio | 86.9k $7.2m | Reduced -89.4k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 83.2k $6.9m | Added +20.4k |
| Callan Family Office, LLC 0.15% of their portfolio | 79.6k $6.6m | Added +1.1k |
| FACTORY MUTUAL INSURANCE CO 0.07% of their portfolio | 77.6k $6.4m | Unchanged |
| Compound Planning, Inc. 0.19% of their portfolio | 75.9k $6.3m | Added +1.2k |
| Naviter Wealth, LLC 0.80% of their portfolio | 75.2k $6.4m | Added +3.0k |
| Americana Partners, LLC 0.16% of their portfolio | 74.5k $6.1m | Added +20.1k |
| Cetera Investment Advisers 0.01% of their portfolio | 74.5k $6.1m | Added +5.0k |
| HENNESSY ADVISORS INC 0.22% of their portfolio | 72.2k $6.0m | Reduced -28.6k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 71.0k $5.9m | Reduced -3.4k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 69.5k $5.7m | Added +7.9k |
| NewEdge Wealth, LLC 0.07% of their portfolio | 67.7k $5.6m | Added +3.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 64.2k $5.3m | Reduced -21.6k |
| Generali Investments CEE, investicni spolecnost, a.s. 0.27% of their portfolio | 63.0k $5.2m | Reduced -4.3k |
| Gradient Investments LLC 0.08% of their portfolio | 60.7k $5.0m | Added +33.1k |
| Sequoia Financial Advisors, LLC 0.03% of their portfolio | 59.2k $4.9m | Reduced -2.5k |
| Old Port Advisors 1.12% of their portfolio | 59.0k $4.9m | Reduced -513 |
| Vise Technologies, Inc. 0.09% of their portfolio | 58.9k $4.6m | Unchanged |
| SIGNATUREFD, LLC 0.07% of their portfolio | 58.1k $4.8m | Reduced -784 |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 56.6k $4.7m | Added +7.0k |
| Limestone Investment Advisors LP 2.27% of their portfolio | 56.0k $4.6m | Unchanged |