HSBC Holdings PLC
HSBC Holdings plc is a multinational universal bank and financial services group headquartered in London, UK. Founded in 1865 in Hong Kong and incorporated as HSBC Holdings plc in 1991 in London, it is Europe's largest bank by assets and serves around 39 million customers across 57 countries and territories. As of 2024, it had approximately 218,000 employees globally, providing a diverse range of banking and financial products to retail, corporate, and institutional clients.
Investment Strategy
HSBC applies a diversified business model, emphasizing strategic growth in markets where it has competitive advantages, particularly in Asia and the Middle East. The firm focuses on wealth management, international banking, capital markets, and transaction banking services. Its investment approach includes strong capital discipline, recurring predictable revenue streams primarily from net interest income, and sustainable, long-term value creation for shareholders. As of 2025, it has simplified its structure to accelerate strategic execution, targeting mid-teens returns on average tangible equity and prioritizing opportunities in Wealth, Transaction Banking, and Corporate Banking. Risk and liquidity management are core to its philosophy.
Research Analysts
Top Holdings
Equity Positions (2,492)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 6.32% | $10.52B | 66,613,609 | $44.92 | $157.99 | +$1.95B |
M MSFT | MICROSOFT CORP | 5.55% | $9.25B | 18,584,387 | $266.34 | $497.41 | +$111.6M |
A AAPL | APPLE INC | 4.86% | $8.09B | 39,679,662 | $136.52 | $205.17 | -$930.3M |
A AMZN | AMAZON COM INC | 3.27% | $5.45B | 24,845,686 | $135.17 | $219.39 | +$618.2M |
M META | META PLATFORMS INC | 2.38% | $3.96B | 5,353,947 | $322.99 | $738.09 | +$211.2M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
U UNH | UNITEDHEALTH GROUP INC | Bought | Put | $860.1M | 27,657 | $311.97 | $315.79 | +27,157 | +$834.0M |
T TSM | TAIWAN SEMICONDUCTOR MFG LTD | Bought | Put | $843.0M | 37,141 | $226.49 | $195.37 | +8,141 | +$367.1M |
A AAPL | APPLE INC | Bought | Put | $454.0M | 22,695 | $205.17 | $220.68 | +2,085 | +$94.7K |
N NVDA | NVIDIA CORPORATION | Sold | Put | $407.6M | 25,800 | $157.99 | $111.98 | -67,000 | -$572.9M |
G GOOG | ALPHABET INC | Bought | Put | $385.2M | 21,622 | $177.39 | $163.71 | +6,937 | +$157.5M |