# HSBC Holdings plc (HSBC)

> Source: Nexqual · https://nexqual.com/HSBC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, HSBC Holdings plc (HSBC), nexqual.com/HSBC" · informational, not investment advice.

**Price:** USD 91.89 (-2.14% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 93.9 · day 91.5–93.04 · 52w 66.23–107.92 · market cap $314B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold HSBC (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $419K; 1 not under a Rule 10b5-1 plan ($419K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.33 on a 1–5 scale) (3 analysts), mean target USD 106.08 (range 101–115.24).
- Total return with dividends: 1Y +45.1% vs S&P 500 +14.9%; 5Y +313.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 2.25, revenue estimate $19.1B.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold HSBC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 0.01% | $2.2M | Reduced -1.6% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-07 | Palomaki Daniel Scott | Global Financial Controller | 23,123 | $419K | 82.3% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 3.33 on a 1–5 scale), 3 analysts; mean target USD 106.08 (low 101, high 115.24).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +45.1% | +313.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +45.3% | +32.8% |
| Volatility (annualized) | 27.3% | 24.8% |
| Max drawdown | -16.3% (Feb 2026→Mar 2026) | -28.8% (Feb 2022→Oct 2022) |

## Peers (Banks - Diversified)
RY (Royal Bank Of Canada) USD 202.06 +0.02% · BAC (Bank of America Corporation) USD 51.08 +0.59% · WFC (Wells Fargo & Company) USD 83.01 +0.72% · MUFG (Mitsubishi UFJ Financial Group,) USD 21.41 -1.65% · C (Citigroup, Inc.) USD 122.51 -1.08% · TD (Toronto Dominion Bank (The)) USD 125.12 +0.34%

## More
Full page: https://nexqual.com/HSBC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in HSBC's own 20-F filed 2026-02-26 (https://www.sec.gov/Archives/edgar/data/1089113/000108911326000010/hsbc-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Middle East | "We had an individual customer in the Middle East that was designated" |
| Customer | Kong | "customer spending increased, and in our Hong Kong business." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.25 | $2.19 | +2.8% | $19.09B | 1 |
| Next quarter (ends 2026-12-31) | $1.93 | $2.15 | -9.9% | $18.50B | 1 |
| Current fiscal year (ends 2026-12-31) | $8.53 | $8.86 | -3.7% | $75.83B | 2 |
| Next fiscal year (ends 2027-12-31) | $9.51 | $9.89 | -3.8% | $80.33B | 2 |