Top 3 Shareholders of HSBC

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HSBC Holdings PLC (HSBC) is simply a multinational finance slope and financial services institution headquartered successful nan U.K. The company's U.S.-based subsidiary, HSBC USA, has its operational office successful New York. The institution has a beingness successful 62 countries and territories. The institution has complete 42 cardinal customers and location are a full of 221,000 full-time balanced unit who activity for HSBC worldwide.

The company's business lines see wealth and individual banking, commercialized banking, world banking and markets. As of May 2024, nan institution had a market capitalization of $167.63 billion.

Its largest shareholders see respective awesome world finance institutions pinch a precocious level of liking successful nan institution and its banking sector position. This article highlights nan apical 3 organization shareholders of HSBC Holdings PLC based connected nan number of shares owned.

Key Takeaways

  • HSBC Holdings PLC is simply a multinational finance slope and financial services institution.
  • HSBC is headquartered successful nan United Kingdom while its U.S-based subsidiary is based successful New York.
  • The company's business lines see wealthiness and individual banking, commercialized banking, and world banking and markets.
  • Texas-based Dimensional Fund Advisors is nan largest organization shareholder of HSBC.
  • Jane Street Group and Morgan Stanley information retired nan apical 3 largest organization shareholders of HSBC.

Dimensional Fund Advisors

Dimensional Fund Advisors is nan apical shareholder of HSBC Holdings PLC. The patient held much than 11.4 cardinal shares of nan financial services institution arsenic of March 31, 2024. This represents 0.30% of HSBC's outstanding shares.

Dimensional is simply a backstage finance patient based retired of Austin, Texas. The institution besides has affiliate offices successful Canada, nan U.K., Germany, nan Netherlands, Australia, Singapore, and Japan. It was founded successful 1981 by David G. Booth, Rex Sinquefield, and Larry G. Klotz.

The patient focuses connected scale costs and was 1 of nan earliest firms to attraction connected these investments. DFA presently offers almost 150 equity and fixed-income communal funds. DFA had $719 cardinal successful assets nether guidance (AUM). DFA's finance accuracy is rooted successful nan businesslike marketplace hypothesis.

Jane Street Group

Jane Street Group held much than 5,6 cardinal shares of HSBC arsenic of Sept. 29, 2022. This represents 0.14% of HSBC's outstanding shares. Trading services are provided nether nan names Jane Street Capital and Jane Street Execution Services—both of which are registered pinch nan Securities and Exchange Commission (SEC).

Based successful New York and established successful 2000, nan firm, has 4 different world offices successful London, Amsterdam, Hong Kong, and Singapore. Jane Street has a squad of much than 2,000 group who activity pinch exchange-traded costs (ETFs), equities, bonds, options, and integer assets for illustration cryptocurrencies and tokens.

Jane Street says it has proprietary physics trading platforms and trades connected much than 200 exchanges successful 45 different countries.

Morgan Stanley

As of March 31, 2024, Morgan Stanley held astir 6.15 cardinal shares of HSBC Holdings PLC. That's 0.14% of nan full shares outstanding successful nan firm.

Morgan Stanley is simply a world financial services firm. It has 3 awesome business units: Institutional Securities, Wealth Management, and Investment Management. Its finance guidance portion has much than $1.5 trillion successful AUM crossed a assortment of asset classes. Morgan Stanley is besides progressive successful finance research, sales, and trading.

Founded successful 1935, nan institution employs much than 80,000 group crossed nan globe pinch its office successful New York. Morgan Stanley's private banking section is among nan apical 20 largest commercialized banks successful nan United States.

The Bottom Line

The position of HSBC wrong nan banking assemblage is of precocious liking to these 3 companies. HSBC was nan seventh-largest slope successful nan world according to nan S&P Global Market Intelligence report, which classed banks based connected their assets nether guidance (without accounting for different accounting practices).

The bank's 2023 full-year net per stock came successful astatine 6.95 and its P/E ratio was 6.39 arsenic of May 2024. HSBC reported 2023 full-year nett income of $30.34 cardinal connected $65.93 cardinal of revenue.

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