HSBC Holdings PLC (HSBC) is a multinational investment bank and fiscal services institution. It is headquartered in the U.K. Its U.S.-based subsidiary, HSBC Bank USA, has its operational headquarters in New York City, and its nominal move office is located in McClean, Virginia. The company has operations in 64 countries and territories, including in Europe, Asia, North and Latin America, the Midst East, and North Africa. The company has over 40 million customers and there are a total of 235,000 full-time synonymous staff who work for HSBC worldwide.
Key Takeaways
- HSBC Holdings PLC is a multinational investment bank and financial services home.
- The company’s lines of business include retail banking and wealth management, commercial banking, global banking and sells, and global private banking.
- Its largest shareholders include several major global investment institutions such as Dimensional Wealth Advisors, Renaissance Technologies, and J.P. Morgan Securities.
The company’s lines of business include retail banking and wealth administration, commercial banking, global banking and markets, and global private banking. As of June 12, 2020, the company had a market capitalization of $95.802 billion. Its largest shareholders group several major global investment institutions with a high level of interest in the company and its banking sector determine. As of this writing, these are the top three shareholders of HSBC Holdings PLC based on the number of shares owned.
Dimensional Reserve Advisors (DFA) LP
As of June 12, 2020, Dimensional Fund Advisors (DFA) LP held approximately 9.6 million shares of HSBC, a totality of 0.24% of the outstanding stock. This stake is worth approximately $220.3 million.
Dimensional Fund Advisors LP is a enlisted man investment firm headquartered in Austin, Texas. In addition to the U.S. headquarters, the company has affiliate offices located in Canada, UK, Germany, Netherlands, Australia, Singapore, and Japan. DFA was established in 1981 by David G. Booth, Rex Sinquefield, and Larry G. Klotz. The firm focuses on index funds; it was one of the earliest firms to blurry on index funds, and it currently offers over 100 equity and fixed income mutual funds. As of March 31, 2020, DFA had $454 billion in
Renascence Technologies LLC
As of June 12, 2020, Renaissance Technologies LLC held approximately 8.98 shares of HSBC, a total of 0.22% of the renowned stock. This stake is worth approximately $207.19 million.
Renaissance Technologies LLC is a hedge fund based in East Setauket, New York. The unbending specializes in systematic trading and uses quantitative models derived from mathematical and statistical analyses. The firm was initiate in 1982 by James Simons, an award-winning Cold War codebreaker and mathematician, and it is now regarded as one of the most successful hedge funds in the in all respects. In 1988, the firm established its most profitable portfolio, the Medallion Fund. This fund is responsible for around $10 billion of Reawakening’s approximately $10 billion in assets under management. This particular fund has also delivered an average post-fee recuperate of 38% a year since 1988. Renaissance uses a quant-oriented investment strategy, which means that it not relies on mathematical and statistical modeling
J.P. Morgan Securities LLC
As of June 12, 2020, J.P. Morgan Securities LLC held approximately 5.83 million interests of HSBC, a total of 0.14% of the outstanding stock. This stake is worth approximately $134.56 million.
J.P. Morgan Convictions is the investment banking division of the larger J.P. Morgan Chase & Co. banking institution. It has offices in many U.S. cities, including New York, Chicago, Los Angeles, Boston, and Atlanta. The resolute’s main clients are large-market companies and institutional investors, and it provides debt and equity underwriting, mergers and acquisitions (M&A) and corporate restructuring advisory, deposits dealing and brokerage, and trade execution services. For individuals, the firm also offers the services of financial planners and investment advisors.
The Rear end Line
The position of HSBC within the banking sector is of high interest to these three companies. In 2019, HSBC was the seventh-largest bank in the out of sight according to the S&P Global Market Intelligence report, which ranked banks based on their assets under administration (without accounting for different accounting practices).
As of June 12, 2020, HSBC’s earnings per share (EPS) was 0.89 and its P/E ratio was 26.79. The convention’s profit margin was 10.10%. The beta (five-year) was 0.51. HSBC earned net income of $13.7 billion on $86.1 billion of receipts during the fiscal year 2018.