% of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 17,175,239,862 shares (as of 2025-12-31, source dei). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for HSBC in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Fisher Asset Management, LLC | 18,202,80018.2M | $1.5B | — | ADD 2% |
| 2 | DIMENSIONAL FUND ADVISORS LP | 9,972,22110.0M | $823M | — | TRIM -4% |
| 3 | MORGAN STANLEY | 7,658,4937.7M | $632M | — | ADD 2% |
| 4 | GOLDMAN SACHS GROUP INC | 4,630,4334.6M | $382M | — | TRIM -22% |
| 5 | FMR LLC | 3,776,6963.8M | $312M | — | ADD 20% |
| 6 | NORTHERN TRUST CORP | 3,047,4823.0M | $251M | — | — |
| 7 | Sanders Capital, LLC | 2,807,0302.8M | $232M | — | TRIM -3% |
| 8 | BlackRock, Inc. | 2,563,8452.6M | $211M | — | TRIM -3% |
| 9 | BANK OF AMERICA CORP /DE/ | 2,385,8832.4M | $197M | — | ADD 5% |
| 10 | AMERICAN CENTURY COMPANIES INC | 1,667,6861.7M | $138M | — | ADD 16% |
| 11 | Clearbridge Investments, LLC | 1,539,8071.5M | $127M | — | ADD 7% |
| 12 | ROYAL BANK OF CANADA | 1,304,1921.3M | $108M | — | ADD 17% |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 936,567936,567 | $77M | — | ADD 31% |
| 14 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 633,809633,809 | $52M | — | ADD 7% |
| 15 | UBS Group AG | 608,194608,194 | $50M | — | ADD 70% |
| 16 | COOKSON PEIRCE & CO INC | 593,877593,877 | $49M | — | TRIM -3% |
| 17 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 579,607579,607 | $48M | — | ADD 19% |
| 18 | RAYMOND JAMES FINANCIAL INC | 551,177551,177 | $45M | — | — |
| 19 | Quantinno Capital Management LP | 525,775525,775 | $43M | — | ADD 21% |
| 20 | RENAISSANCE TECHNOLOGIES LLC | 524,122524,122 | $43M | — | ADD 392% |
| 21 | FIRST TRUST ADVISORS LP | 500,505500,505 | $41M | — | — |
| 22 | CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 481,063481,063 | $40M | — | TRIM -62% |
| 23 | ENVESTNET ASSET MANAGEMENT INC | 469,123469,123 | $39M | — | ADD 34% |
| 24 | WELLS FARGO & COMPANY/MN | 464,649464,649 | $38M | — | — |
| 25 | JPMORGAN CHASE & CO | 481,751481,751 | $38M | — | ADD 36% |
| 26 | Crossmark Global Holdings, Inc. | 444,475444,475 | $37M | — | TRIM -5% |
| 27 | CITIGROUP INC | 415,108415,108 | $34M | — | ADD 1728% |
| 28 | NATIXIS ADVISORS, LLC | 406,801406,801 | $34M | — | — |
| 29 | LPL Financial LLC | 377,367377,367 | $31M | — | — |
| 30 | MARSHALL WACE, LLP | 338,412338,412 | $28M | — | ADD 100% |
| 31 | BANK OF MONTREAL /CAN/ | 336,940336,940 | $28M | — | ADD 130% |
| 32 | AQR CAPITAL MANAGEMENT LLC | 328,625328,625 | $27M | — | ADD 11% |
| 33 | Creative Planning | 316,683316,683 | $26M | — | — |
| 34 | Bank of New York Mellon Corp | 314,818314,818 | $26M | — | — |
| 35 | JANE STREET GROUP, LLC | 312,086312,086 | $26M | — | ADD 492% |
| 36 | MILLENNIUM MANAGEMENT LLC | 310,370310,370 | $26M | — | TRIM -41% |
| 37 | BNP PARIBAS FINANCIAL MARKETS | 305,338305,338 | $25M | — | ADD 128% |
| 38 | 1832 Asset Management L.P. | 291,683291,683 | $24M | — | TRIM -2% |
| 39 | ABC ARBITRAGE SA | 283,097283,097 | $23M | — | TRIM -21% |
| 40 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 258,475258,475 | $21M | — | ADD 749% |
| 41 | HighTower Advisors, LLC | 255,494255,494 | $21M | — | TRIM -4% |
| 42 | Janney Montgomery Scott LLC | 242,762242,762 | $20M | — | ADD 844% |
| 43 | QRG CAPITAL MANAGEMENT, INC. | 233,194233,194 | $19M | — | ADD 4% |
| 44 | Mariner, LLC | 218,893218,893 | $18M | — | ADD 7% |
| 45 | CAPITAL FUND MANAGEMENT S.A. | 216,957216,957 | $18M | — | TRIM -18% |
| 46 | Foresight Global Investors, Inc. | 211,095211,095 | $17M | — | TRIM -28% |
| 47 | FRANKLIN RESOURCES INC | 210,569210,569 | $17M | — | TRIM -19% |
| 48 | MERCER GLOBAL ADVISORS INC /ADV | 206,234206,234 | $17M | — | — |
| 49 | Beck Bode, LLC | 204,934204,934 | $17M | — | NEW |
| 50 | Qube Research & Technologies Ltd | 201,660201,660 | $17M | — | TRIM -44% |
| 51 | Promethos Capital, LLC | 199,092199,092 | $16M | — | — |
| 52 | CAPTRUST FINANCIAL ADVISORS | 187,427187,427 | $15M | — | ADD 695% |
| 53 | Pathstone Holdings, LLC | 176,236176,236 | $15M | — | ADD 6% |
| 54 | RITHOLTZ WEALTH MANAGEMENT | 174,773174,773 | $14M | — | ADD 9% |
| 55 | CWM, LLC | 173,240173,240 | $14M | — | TRIM -5% |
| 56 | US BANCORP \DE\ | 172,327172,327 | $14M | — | ADD 4% |
| 57 | American Assets Investment Management, LLC | 166,918166,918 | $14M | — | — |
| 58 | Ethic Inc. | 158,702158,702 | $13M | — | ADD 3% |
| 59 | TWO SIGMA INVESTMENTS, LP | 148,299148,299 | $12M | — | NEW |
| 60 | SEI INVESTMENTS CO | 142,229142,229 | $12M | — | ADD 3% |
| 61 | AMERIPRISE FINANCIAL INC | 137,585137,585 | $11M | — | ADD 10% |
| 62 | SG Americas Securities, LLC | 137,925137,925 | $11M | — | TRIM -5% |
| 63 | OLD MISSION CAPITAL LLC | 137,845137,845 | $11M | — | ADD 191% |
| 64 | Tredje AP-fonden | 133,889133,889 | $11M | — | ADD 54% |
| 65 | Cerity Partners LLC | 129,896129,896 | $11M | — | ADD 8% |
| 66 | Vanguard Personalized Indexing Management, LLC | 129,488129,488 | $11M | — | — |
| 67 | Vident Advisory, LLC | 116,003116,003 | $10M | — | ADD 58% |
| 68 | M&T Bank Corp | 115,369115,369 | $10M | — | TRIM -4% |
| 69 | Manatuck Hill Partners, LLC | 107,448107,448 | $9M | — | — |
| 70 | CITADEL ADVISORS LLC | 104,866104,866 | $9M | — | ADD 52% |
| 71 | MML INVESTORS SERVICES, LLC | 104,460104,460 | $9M | — | TRIM -15% |
| 72 | Orion Porfolio Solutions, LLC | 102,919102,919 | $8M | — | ADD 4% |
| 73 | Brooklyn Investment Group | 102,274102,274 | $8M | — | ADD 34% |
| 74 | Laird Norton Wetherby Trust Company, LLC | 99,45199,451 | $8M | — | — |
| 75 | STIFEL FINANCIAL CORP | 95,29595,295 | $8M | — | TRIM -22% |
| 76 | BARCLAYS PLC | 94,68394,683 | $8M | — | ADD 14224% |
| 77 | Russell Investments Group, Ltd. | 93,85693,856 | $8M | — | ADD 22% |
| 78 | TRUIST FINANCIAL CORP | 89,37589,375 | $7M | — | ADD 2% |
| 79 | NATIONAL BANK OF CANADA /FI/ | 87,30187,301 | $7M | — | TRIM -24% |
| 80 | HRT FINANCIAL LP | 86,94486,944 | $7M | — | TRIM -51% |
| 81 | NEUBERGER BERMAN GROUP LLC | 83,22283,222 | $7M | — | ADD 32% |
| 82 | Callan Family Office, LLC | 79,56879,568 | $7M | — | — |
| 83 | FACTORY MUTUAL INSURANCE CO | 77,55277,552 | $6M | — | — |
| 84 | Naviter Wealth, LLC | 75,15675,156 | $6M | — | ADD 4% |
| 85 | Compound Planning, Inc. | 75,87575,875 | $6M | — | — |
| 86 | Americana Partners, LLC | 74,54874,548 | $6M | — | ADD 37% |
| 87 | Cetera Investment Advisers | 74,49274,492 | $6M | — | ADD 7% |
| 88 | HENNESSY ADVISORS INC | 72,20072,200 | $6M | — | TRIM -28% |
| 89 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 70,96070,960 | $6M | — | TRIM -5% |
| 90 | PNC FINANCIAL SERVICES GROUP, INC. | 69,46269,462 | $6M | — | ADD 13% |
| 91 | NewEdge Wealth, LLC | 67,69867,698 | $6M | — | ADD 6% |
| 92 | NEW YORK STATE COMMON RETIREMENT FUND | 64,19664,196 | $5M | — | TRIM -25% |
| 93 | Generali Investments CEE, investicni spolecnost, a.s. | 63,02163,021 | $5M | — | TRIM -6% |
| 94 | Gradient Investments LLC | 60,67360,673 | $5M | — | ADD 120% |
| 95 | Sequoia Financial Advisors, LLC | 59,20459,204 | $5M | — | TRIM -4% |
| 96 | Old Port Advisors | 59,04059,040 | $5M | — | — |
| 97 | SIGNATUREFD, LLC | 58,08958,089 | $5M | — | — |
| 98 | IEQ CAPITAL, LLC | 56,64856,648 | $5M | — | ADD 14% |
| 99 | Vise Technologies, Inc. | 58,86558,865 | $5M | — | — |
| 100 | Limestone Investment Advisors LP | 56,03756,037 | $5M | — | — |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Fisher Asset Management, LLC | — | 15.6M | 17.0M | 17.4M | 17.8M | 18.2M | $1.5B |
| DIMENSIONAL FUND ADVISORS LP | 10.6M | 10.4M | 10.4M | 10.6M | 10.4M | 10.0M | $823M |
| MORGAN STANLEY | 6.5M | 6.5M | 6.3M | 6.5M | 7.5M | 7.7M | $632M |
| GOLDMAN SACHS GROUP INC | 4.7M | 4.7M | 5.6M | 6.2M | 5.9M | 4.6M | $382M |
| FMR LLC | 2.9M | 3.1M | 3.4M | 3.6M | 3.1M | 3.8M | $312M |
| NORTHERN TRUST CORP | 2.8M | 2.9M | 2.9M | 3.0M | 3.0M | 3.0M | $251M |
| Sanders Capital, LLC | 3.0M | 3.0M | 3.0M | 3.0M | 2.9M | 2.8M | $232M |
| BlackRock, Inc. | 2.6M | 2.9M | 2.9M | 2.9M | 2.6M | 2.6M | $211M |
| BANK OF AMERICA CORP /DE/ | 3.0M | 2.5M | 2.1M | 2.1M | 2.3M | 2.4M | $197M |
| AMERICAN CENTURY COMPANIES INC | 937K | 1.0M | 1.1M | 1.3M | 1.4M | 1.7M | $138M |
| Clearbridge Investments, LLC | — | — | — | 816K | 1.4M | 1.5M | $127M |
| ROYAL BANK OF CANADA | 911K | 1.0M | 2.5M | 1.2M | 1.1M | 1.3M | $108M |
| Connor, Clark & Lunn Investment Management Ltd. | 47K | 388K | 288K | 103K | 716K | 937K | $77M |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 402K | 482K | 470K | 538K | 591K | 634K | $52M |
| UBS Group AG | 786K | 1.2M | 1.0M | 301K | 357K | 608K | $50M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| FMR LLC | +634,668 | $52M | ADD |
| RENAISSANCE TECHNOLOGIES LLC | +417,500 | $34M | ADD |
| Fisher Asset Management, LLC | +402,052 | $33M | ADD |
| CITIGROUP INC | +392,404 | $32M | ADD |
| JANE STREET GROUP, LLC | +259,378 | $21M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| GOLDMAN SACHS GROUP INC | −1,286,320 | $106M | TRIM |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | −784,593 | $65M | TRIM |
| DIMENSIONAL FUND ADVISORS LP | −390,126 | $32M | TRIM |
| MERITAGE PORTFOLIO MANAGEMENT | −295,700 | $24M | CLOSE |
| Janney Capital Management LLC | −219,596 | $18M | CLOSE |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 636 | 84,420,693 | — | $7.0B |
| 2025-Q4 | 611 | 83,123,009 | — | $6.5B |
| 2025-Q3 | 553 | 79,897,422 | — | $5.7B |
| 2025-Q2 | 511 | 78,339,337 | — | $4.8B |
| 2025-Q1 | 505 | 74,926,300 | — | $4.3B |
| 2024-Q4 | 465 | 54,029,841 | — | $2.7B |
| 2024-Q3 | 424 | 55,168,475 | — | $2.4B |
| 2024-Q2 | 418 | 56,441,028 | — | $2.4B |
| 2024-Q1 | 410 | 67,176,538 | — | $2.6B |
| 2023-Q4 | 411 | 62,173,579 | — | $2.5B |
| 2023-Q3 | 374 | 58,542,306 | — | $2.3B |
| 2023-Q2 | 364 | 59,420,114 | — | $2.4B |
| 2023-Q1 | 337 | 57,229,256 | — | $2.0B |
| 2022-Q4 | 314 | 53,541,771 | — | $1.4B |
| 2022-Q3 | 287 | 53,728,522 | — | $1.4B |
| 2022-Q2 | 291 | 52,555,297 | — | $1.7B |
| 2022-Q1 | 295 | 49,791,741 | — | $1.7B |
| 2021-Q4 | 282 | 48,252,781 | — | $1.5B |
| 2021-Q3 | 262 | 49,164,868 | — | $1.3B |
| 2021-Q2 | 261 | 52,789,279 | — | $1.5B |
| 2021-Q1 | 262 | 50,945,560 | — | $1.5B |
| 2020-Q4 | 269 | 57,078,924 | — | $1.5B |
| 2020-Q3 | 238 | 62,097,932 | — | $1.2B |
| 2020-Q2 | 273 | 65,574,133 | — | $1.5B |
| 2020-Q1 | 340 | 69,622,348 | — | $1.9B |
| 2019-Q4 | 405 | 90,693,094 | — | $3.6B |
| 2019-Q3 | 386 | 92,915,057 | — | $3.6B |
| 2019-Q2 | 421 | 99,465,430 | — | $4.2B |
| 2019-Q1 | 433 | 100,989,593 | — | $4.1B |
| 2018-Q4 | 425 | 100,466,871 | — | $4.1B |
| 2018-Q3 | 414 | 102,577,591 | — | $4.5B |
| 2018-Q2 | 425 | 104,628,308 | — | $4.9B |
| 2018-Q1 | 433 | 106,202,741 | — | $5.1B |
| 2017-Q4 | 430 | 98,011,027 | — | $5.1B |
| 2017-Q3 | 386 | 91,104,681 | — | $4.5B |
| 2017-Q2 | 363 | 90,628,827 | — | $4.2B |
| 2017-Q1 | 350 | 95,376,390 | — | $3.9B |
| 2016-Q4 | 348 | 94,408,330 | — | $3.8B |
| 2016-Q3 | 302 | 85,987,867 | — | $3.2B |
| 2016-Q2 | 308 | 92,497,078 | — | $2.9B |
| 2016-Q1 | 312 | 93,748,571 | — | $2.9B |
| 2015-Q4 | 339 | 92,578,977 | — | $3.7B |
| 2015-Q3 | 337 | 94,972,364 | — | $3.6B |
| 2015-Q2 | 347 | 96,957,240 | — | $4.3B |
| 2015-Q1 | 353 | 98,681,028 | — | $4.2B |
| 2014-Q4 | 374 | 104,182,009 | — | $4.9B |
| 2014-Q3 | 373 | 119,805,857 | — | $6.1B |
| 2014-Q2 | 377 | 121,410,053 | — | $6.2B |
| 2014-Q1 | 383 | 128,973,645 | — | $6.6B |
| 2013-Q4 | 382 | 129,011,676 | — | $7.1B |
| 2013-Q3 | 358 | 127,902,587 | — | $7.0B |
| 2013-Q2 | 361 | 124,281,142 | — | $6.5B |
| 2013-Q1 | 27 | 939,057 | — | $50M |
