HSBC HOLDINGS PLC
Long book
$167.41B
Q1 2026
Positions
2377
Top-10 weight
33%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsHSBC HOLDINGS PLC is a bank/brokerage whose filings mix client and house positions, running a $167.41B US long book across 2377 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.2%
Q2 2024
+5.7%
Q3 2024
+2.1%
Q4 2024
-4.3%
Q1 2025
+11.4%
Q2 2025
+8.7%
Q3 2025
+2.6%
Q4 2025
-4.4%
Q1 2026
+15.7%
Sector allocation
Technology 43%
Financials 11%
Industrials 10%
Consumer discretionary 9%
Healthcare 8%
Services media 5%
Utilities 4%
Other 3%
Long book by quarter
What does HSBC HOLDINGS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 62.6M | $10.91B | 6.5% | -51.8% |
| AAPL APPLE INC | Technology | 35.4M | $8.98B | 5.4% | -52.1% |
| MSFT MICROSOFT CORP | Technology | 24.0M | $8.86B | 5.3% | -45.9% |
| GOOGL ALPHABET INC-CL A | Technology | 18.1M | $5.20B | 3.1% | -45.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 23.5M | $4.89B | 2.9% | -56.3% |
| META META PLATFORMS INC-CLASS A | Technology | 7.4M | $4.24B | 2.5% | -49.6% |
| AVGO BROADCOM INC | Technology | 13.1M | $4.06B | 2.4% | -46.2% |
| GOOG ALPHABET INC-CL C | Technology | 12.7M | $3.63B | 2.2% | -50.6% |
| TSLA TESLA INC | Industrials | 7.6M | $2.83B | 1.7% | -51.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 8.7M | $2.14B | 1.3% | -52.7% |
| V VISA INC-CLASS A SHARES | Services media | 6.8M | $2.05B | 1.2% | -54.2% |
| JPM JPMORGAN CHASE & CO | Financials | 6.7M | $1.96B | 1.2% | -55.9% |
| MU MICRON TECHNOLOGY INC | Technology | 5.3M | $1.76B | 1.1% | -29.3% |
| LLY ELI LILLY & CO | Healthcare | 1.9M | $1.71B | 1.0% | -53.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.3M | $1.57B | 0.9% | -53.4% |
| UNH UNITEDHEALTH GROUP INC | Financials | 5.7M | $1.55B | 0.9% | -27.0% |
| XOM EXXON MOBIL CORP | Energy | 8.5M | $1.44B | 0.9% | -51.4% |
| CSCO CISCO SYSTEMS INC | Technology | 17.3M | $1.34B | 0.8% | -56.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.1M | $1.08B | 0.6% | -52.0% |
| HD HOME DEPOT INC | Consumer discretionary | 3.2M | $1.05B | 0.6% | -52.2% |
| WMT WALMART INC | Consumer discretionary | 8.5M | $1.05B | 0.6% | -60.8% |
| MRK MERCK & CO. INC. | Healthcare | 7.6M | $918.4M | 0.5% | -52.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 4.3M | $869.3M | 0.5% | -50.8% |
| ABBV ABBVIE INC | Healthcare | 3.9M | $839.1M | 0.5% | -52.5% |
| NFLX NETFLIX INC | Services media | 8.5M | $812.6M | 0.5% | -54.1% |
| MA MASTERCARD INC - A | Services media | 1.6M | $785.6M | 0.5% | -50.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 5.4M | $774.7M | 0.5% | -55.1% |
| AMAT APPLIED MATERIALS INC | Technology | 2.2M | $763.0M | 0.5% | -54.2% |
| CVX CHEVRON CORP | Energy | 3.6M | $744.1M | 0.4% | -52.6% |
| BAC BANK OF AMERICA CORP | Financials | 15.2M | $738.1M | 0.4% | -51.5% |
| LRCX LAM RESEARCH CORP | Industrials | 3.4M | $722.9M | 0.4% | -52.3% |
| KO COCA-COLA CO/THE | Consumer staples | 8.5M | $645.2M | 0.4% | -54.1% |
| CAT CATERPILLAR INC | Industrials | 908.5K | $642.4M | 0.4% | -55.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 4.2M | $618.0M | 0.4% | -50.9% |
| ORCL ORACLE CORP | Technology | 4.2M | $612.5M | 0.4% | -62.2% |
| WFC WELLS FARGO & CO | Financials | 7.7M | $611.9M | 0.4% | -51.7% |
| C CITIGROUP INC | Financials | 5.3M | $600.7M | 0.4% | -54.2% |
| CRM SALESFORCE INC | Technology | 3.1M | $579.0M | 0.3% | -43.8% |
| PPB FLUTTER ENTERTAINMENT PLC-DI | — | 5.6M | $575.2M | 0.3% | +16944.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 11.3M | $566.6M | 0.3% | -57.3% |
| QCOM QUALCOMM INC | Technology | 4.4M | $563.9M | 0.3% | -51.3% |
| PEP PEPSICO INC | Consumer staples | 3.6M | $563.1M | 0.3% | -55.1% |
| GEV GE VERNOVA INC | Industrials | 641.7K | $559.7M | 0.3% | -52.7% |
| TXN TEXAS INSTRUMENTS INC | Technology | 2.9M | $554.6M | 0.3% | -52.1% |
| MS MORGAN STANLEY | Financials | 3.4M | $553.8M | 0.3% | -52.0% |
| LIN LINDE PLC | Materials | 1.1M | $544.0M | 0.3% | +31.2% |
| KLAC KLA CORP | Other | 363.8K | $534.6M | 0.3% | -53.2% |
| BKNG BOOKING HOLDINGS INC | Industrials | 171.1K | $534.3M | 0.3% | -36.9% |
| GS GOLDMAN SACHS GROUP INC | Financials | 630.9K | $532.9M | 0.3% | -59.4% |
| GE GENERAL ELECTRIC | Industrials | 1.8M | $521.0M | 0.3% | -51.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 8884 | $191.56B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Mar 20, 2026 | 12298 | $196.20B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Mar 6, 2026 | 11613 | $175.93B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 8037 | $181.25B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 9561 | $166.51B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 9962 | $161.81B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 10021 | $171.93B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 10001 | $171.77B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 9626 | $163.56B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 9552 | $147.72B | canonical | SEC ↗ |