Bonds · Corporate issuer
HSBC Holdings plc bonds HSBC
Who owns HSBC Holdings plc's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. HSBC stock page.
Held by funds
$4.00B
109 bonds, fund marks Jul 2026
Fund holders
888
+45 vs prior quarter
USD spread over Treasuries
106 bp
+14 bp in a month · fund-reported
USD yield
5.59%
median yield to maturity · fund-reported
Distance-to-default
n/a
financial company: model not applied
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 404280BY4 | 5.875% fixed | 2026-09-28 | GBP | 100.24 | 4.83% | — | 1 | $665K | Jun 2026 |
| BFM4XMII1 | 5.88% floating | 2026-09-28 | GBP | 100.24 | — | — | 5 | $72.8M | Jun 2026 |
| 404280BH1 | 4.375% fixed | 2026-11-23 | USD | 99.91 | 4.65% | 89 bp | 2 | $17.9M | Jul 2026 |
| 40428HA44 | 5.294% fixed | 2027-03-04 | USD | 100.53 | 4.37% | 50 bp | 3 | $9.8M | Jul 2026 |
| 404280BL2 | 6% fixed | 2027-05-22 | USD | 100.36 | 5.52% | 155 bp | 3 | $10.4M | Jul 2026 |
| 404280CM9 | 1.589% fixed | 2027-05-24 | USD | 99.79 | 1.78% | -191 bp | 1 | $474K | Apr 2026 |
| G4634UP55 | 3.019% variable | 2027-06-15 | EUR | 100.04 | — | — | 1 | $117K | May 2026 |
| G4634UN40 | 3.4% fixed | 2027-06-29 | CNY | 100.19 | 3.23% | — | 1 | $147K | Apr 2026 |
| 404280DY2 | 5.2% floating | 2027-08-14 | USD | 100.03 | — | — | 3 | $31.3M | Jul 2026 |
| 404280DZ9 | 5.887% variable | 2027-08-14 | USD | 100.04 | — | — | 8 | $33.2M | Jul 2026 |
| 404280CX5 | 2.251% fixed | 2027-11-22 | USD | 99.24 | 2.85% | -126 bp | 1 | $769K | Jul 2026 |
| XS0159497162 | 5.75% fixed | 2027-12-20 | GBP | 101.29 | 4.83% | — | 1 | $99K | Jun 2026 |
| 404280DT3 | 8% fixed | 2028-03-07 | USD | 103.41 | 5.74% | 159 bp | 17 | $144.4M | Jul 2026 |
| 404280BK4 | 4.041% fixed | 2028-03-13 | USD | 99.62 | 4.28% | 13 bp | 5 | $54.5M | Jul 2026 |
| 404280BP3 | 6.5% fixed | 2028-03-23 | USD | 101.02 | 5.84% | 168 bp | 1 | $1.3M | Jul 2026 |
| 404280EF2 | 5.597% fixed | 2028-05-17 | USD | 100.68 | 5.19% | 100 bp | 6 | $76.7M | Jul 2026 |
| 40428HR95 | 4.65% fixed | 2028-06-03 | USD | 100.10 | 4.59% | 40 bp | 10 | $28.0M | Jul 2026 |
| LW2836879 | 3.13% fixed | 2028-06-07 | EUR | 99.72 | 3.28% | — | 1 | $632K | Jul 2026 |
| 404280DF3 | 4.755% fixed | 2028-06-09 | USD | 100.02 | 4.74% | 54 bp | 8 | $28.7M | Jul 2026 |
| 404280CB3 | 3% fixed | 2028-07-22 | GBP | 98.30 | 3.90% | — | 1 | $1.3M | Jul 2026 |
| 404280DG1 | 5.21% fixed | 2028-08-11 | USD | 100.47 | 4.96% | 74 bp | 13 | $30.3M | Jul 2026 |
| QZ1719520 | 2.625% fixed | 2028-08-16 | GBP | 95.54 | 4.95% | — | 4 | $8.7M | Jul 2026 |
| 918MUEII2 | 6.75% fixed | 2028-09-11 | GBP | 102.94 | 5.26% | — | 1 | $1.1M | Jul 2026 |
| 404280CL1 | 2.013% fixed | 2028-09-22 | USD | 97.02 | 3.47% | -76 bp | 19 | $54.2M | Jul 2026 |
| 404280DR7 | 7.39% fixed | 2028-11-03 | USD | 103.12 | 5.89% | 166 bp | 21 | $108.2M | Jul 2026 |
| 404280EK1 | 4.67% floating | 2028-11-19 | USD | 100.43 | — | — | 5 | $41.8M | Jul 2026 |
| 404280EM7 | 5.13% fixed | 2028-11-19 | USD | 100.44 | 4.92% | 69 bp | 15 | $64.0M | Jul 2026 |
| 404280ET2 | 4.68% floating | 2029-03-03 | USD | 100.49 | — | — | 6 | $81.9M | Jul 2026 |
| 404280EQ8 | 4.899% variable | 2029-03-03 | USD | 100.19 | — | — | 12 | $61.0M | Jul 2026 |
| 404280DU0 | 6.161% fixed | 2029-03-09 | USD | 102.06 | 5.30% | 106 bp | 20 | $54.1M | Jul 2026 |
| YX0681818 | 3.755% variable | 2029-05-20 | EUR | 101.16 | — | — | 6 | $19.9M | Jun 2026 |
| XS2764959842 | 5.25% fixed | 2029-06-14 | SGD | 103.38 | 3.99% | — | 1 | $2.2M | Jul 2026 |
| 404280BT5 | 4.583% fixed | 2029-06-19 | USD | 99.55 | 4.75% | 49 bp | 15 | $21.0M | Jul 2026 |
| BYXL2ZII5 | 4.75% fixed | 2029-07-04 | EUR | 100.09 | 4.71% | — | 2 | $5.8M | Jul 2026 |
| 404280CV9 | 2.206% fixed | 2029-08-17 | USD | 94.85 | 4.02% | -24 bp | 16 | $63.5M | Jul 2026 |
| 404280EH8 | 6.875% fixed | 2029-09-11 | USD | 101.68 | 6.27% | 201 bp | 11 | $58.2M | Jul 2026 |
| BR5018949 | 0.641% variable | 2029-09-24 | EUR | 94.23 | — | — | 2 | $13.0M | Jul 2026 |
| 404280ED7 | 5.546% fixed | 2030-03-04 | USD | 101.35 | 5.13% | 85 bp | 15 | $54.6M | Jul 2026 |
| 404280FK0 | 4.398% fixed | 2030-03-10 | USD | 98.58 | 4.83% | 55 bp | 18 | $78.4M | Jul 2026 |
| 404280CF4 | 4.95% fixed | 2030-03-31 | USD | 100.16 | 4.90% | 62 bp | 14 | $58.4M | Jul 2026 |
| 404280FP9 | 4.711% fixed | 2030-05-12 | USD | 99.15 | 4.96% | 67 bp | 26 | $130.0M | Jul 2026 |
| XS3069291196 | 3.31% fixed | 2030-05-13 | EUR | 99.31 | 3.50% | — | 3 | $29.5M | Jul 2026 |
| 404280CC1 | 3.973% fixed | 2030-05-22 | USD | 97.18 | 4.79% | 50 bp | 18 | $99.6M | Jul 2026 |
| 404280CD9 | 3% variable | 2030-05-29 | GBP | 94.16 | — | — | 2 | $8.9M | Jul 2026 |
| 404280FA2 | 7.05% fixed | 2030-06-05 | USD | 102.29 | 6.37% | 208 bp | 13 | $127.8M | Jul 2026 |
| XS2904540775 | 3.445% variable | 2030-09-25 | EUR | 99.60 | — | — | 4 | $16.6M | Jul 2026 |
| 404280EP0 | 4.92% floating | 2030-11-19 | USD | 101.07 | — | — | 5 | $36.6M | Jul 2026 |
| 404280EN5 | 5.286% variable | 2030-11-19 | USD | 100.56 | — | — | 20 | $69.7M | Jul 2026 |
| 404280CN7 | 4.6% fixed | 2030-12-17 | USD | 93.41 | 6.35% | 204 bp | 8 | $21.6M | Jul 2026 |
| 404280EU9 | 4.94% floating | 2031-03-03 | USD | 101.08 | — | — | 2 | $42.7M | Jul 2026 |
| 404280ER6 | 5.13% variable | 2031-03-03 | USD | 99.86 | — | — | 18 | $62.0M | Jul 2026 |
| 404280CQ0 | 4.7% fixed | 2031-03-09 | USD | 92.53 | 6.60% | 229 bp | 5 | $28.9M | Jul 2026 |
| 404280FH7 | 6.75% fixed | 2031-03-24 | USD | 100.58 | 6.60% | 228 bp | 19 | $95.5M | Jul 2026 |
| XS3367696047 | 3.55% fixed | 2031-05-12 | EUR | 99.52 | 3.66% | — | 1 | $287K | Jul 2026 |
| 404280EZ8 | 5.2% floating | 2031-05-13 | USD | 102.16 | — | — | 3 | $72.3M | Jul 2026 |
| 404280EW5 | 5.24% fixed | 2031-05-13 | USD | 100.22 | 5.19% | 86 bp | 13 | $93.7M | Jul 2026 |
| 404280CH0 | 2.848% fixed | 2031-06-04 | USD | 92.04 | 4.70% | 38 bp | 14 | $18.5M | Jul 2026 |
| 404280CK3 | 2.357% fixed | 2031-08-18 | USD | 89.80 | 4.65% | 31 bp | 11 | $21.2M | Jul 2026 |
| 404280EV7 | 6.95% fixed | 2031-08-27 | USD | 100.97 | 6.72% | 238 bp | 6 | $30.5M | Jul 2026 |
| AU3CB0325280 | 0.048% variable | 2031-08-28 | AUD | 97.31 | — | — | 1 | $182K | Jun 2026 |
| AU3FN0101168 | 5.693% floating | 2031-08-28 | AUD | 100.48 | — | — | 1 | $7.1M | Jul 2026 |
| 404280EB1 | 6.8% variable | 2031-09-14 | GBP | 105.10 | — | — | 3 | $14.4M | Jul 2026 |
| 404280FE4 | 4.619% variable | 2031-11-06 | USD | 97.74 | — | — | 22 | $99.8M | Jul 2026 |
| 404280FF1 | 4.82% floating | 2031-11-06 | USD | 100.76 | — | — | 1 | $12.5M | Jul 2026 |
| G4634UM90 | 0.77% fixed | 2031-11-13 | EUR | 88.71 | 3.12% | — | 1 | $511K | Jul 2026 |
| 404280FL8 | 4.675% fixed | 2032-03-10 | USD | 97.64 | 5.16% | 79 bp | 15 | $31.4M | Jul 2026 |
| ACI2DH0D1 | 4.787% variable | 2032-03-10 | EUR | 104.17 | — | — | 3 | $51.3M | Jul 2026 |
| 404280FN4 | 4.858% floating | 2032-03-10 | USD | 100.69 | — | — | 2 | $39.4M | Jul 2026 |
| 404280EG0 | 5.733% fixed | 2032-05-17 | USD | 101.95 | 5.34% | 96 bp | 13 | $13.0M | Jul 2026 |
| 404280DK2 | 7.625% fixed | 2032-05-17 | USD | 110.22 | 5.56% | 130 bp | 6 | $23.2M | Jun 2026 |
| 404280AF6 | 7.625% fixed | 2032-05-17 | USD | — | — | — | 1 | $127K | Jul 2026 |
| 404280CT4 | 2.804% variable | 2032-05-24 | USD | 89.43 | — | — | 18 | $14.7M | Jul 2026 |
| AU3FN0110565 | 5.7% floating | 2032-05-26 | AUD | 100.22 | — | — | 8 | $11.9M | Jun 2026 |
| XS2898731471 | 5.29% fixed | 2032-09-16 | GBP | 99.16 | 5.45% | — | 3 | $13.6M | Jul 2026 |
| ZN2147470 | 6.364% variable | 2032-11-16 | EUR | 103.30 | — | — | 3 | $37.0M | Jul 2026 |
| 404280FR5 | 6.75% fixed | 2032-11-18 | USD | 99.24 | 6.90% | 248 bp | 23 | $49.0M | Jul 2026 |
| 404280CY3 | 2.871% variable | 2032-11-22 | USD | 88.88 | — | — | 10 | $54.1M | Jul 2026 |
| 404280DJ5 | 7.35% fixed | 2032-11-27 | USD | 109.08 | 5.64% | 135 bp | 3 | $3.2M | Jun 2026 |
| 404280DC0 | 4.762% fixed | 2033-03-29 | USD | 96.32 | 5.43% | 99 bp | 5 | $11.7M | Jul 2026 |
| XS3077192071 | 5.81% variable | 2033-05-22 | GBP | 100.77 | — | — | 1 | $272K | Jul 2026 |
| ACI2G3031 | 4.856% variable | 2033-05-23 | EUR | 104.74 | — | — | 4 | $48.9M | Jul 2026 |
| 404280DH9 | 5.402% fixed | 2033-08-11 | USD | 100.17 | 5.37% | 91 bp | 9 | $7.2M | Jul 2026 |
| 404280DS5 | 8.113% fixed | 2033-11-03 | USD | 112.85 | 5.91% | 144 bp | 11 | $43.6M | Jul 2026 |
| XS3239159034 | 3.61% variable | 2033-12-01 | EUR | 97.91 | — | — | 1 | $339K | Jul 2026 |
| 404280DV8 | 6.254% fixed | 2034-03-09 | USD | 104.28 | 5.56% | 107 bp | 8 | $9.3M | Jul 2026 |
| 404280EJ4 | 6.95% fixed | 2034-03-11 | USD | 102.41 | 6.54% | 205 bp | 9 | $169.1M | Jul 2026 |
| AU3CB0307890 | 6.21% fixed | 2034-03-21 | AUD | 100.81 | 6.07% | — | 1 | $390K | Jul 2026 |
| AU3FN0085726 | 6.767% floating | 2034-03-21 | AUD | 102.33 | — | — | 1 | $2.1M | Jul 2026 |
| 404280FQ7 | 5.208% fixed | 2034-05-12 | USD | 98.25 | 5.49% | 99 bp | 18 | $148.4M | Jul 2026 |
| G4634UU34 | 3.91% fixed | 2034-05-13 | EUR | 99.32 | 4.01% | — | 3 | $23.6M | Jul 2026 |
| 404280DX4 | 6.547% fixed | 2034-06-20 | USD | 104.47 | 5.83% | 133 bp | 9 | $39.2M | Jul 2026 |
| 404280EC9 | 7.399% fixed | 2034-11-13 | USD | 109.18 | 5.98% | 146 bp | 15 | $85.0M | Jul 2026 |
| ZN2147496 | 8.2% variable | 2034-11-16 | GBP | 106.76 | — | — | 4 | $34.6M | Jul 2026 |
| 404280EE5 | 5.719% fixed | 2035-03-04 | USD | 100.84 | 5.59% | 106 bp | 7 | $3.7M | Jul 2026 |
| AU3CB0319473 | 5.72% fixed | 2035-03-11 | AUD | 99.19 | 5.84% | — | 1 | $349K | Jul 2026 |
| ZD8238820 | 4.599% variable | 2035-03-22 | EUR | 102.09 | — | — | 2 | $14.7M | Jul 2026 |
| 404280FJ3 | 7% fixed | 2035-09-24 | USD | 101.64 | 6.75% | 219 bp | 16 | $52.2M | Jul 2026 |
| XS2904541070 | 3.834% fixed | 2035-09-25 | EUR | 98.41 | 4.04% | — | 4 | $14.3M | Jul 2026 |
| 404280EL9 | 5.874% fixed | 2035-11-18 | USD | 100.10 | 5.86% | 129 bp | 8 | $43.4M | Jul 2026 |
| 404280ES4 | 5.45% fixed | 2036-03-03 | USD | 98.61 | 5.64% | 106 bp | 13 | $84.3M | Jul 2026 |
| 404280AG4 | 6.5% fixed | 2036-05-02 | USD | 106.76 | 5.59% | 100 bp | 3 | $715K | Jul 2026 |
| 404280DL0 | 6.5% fixed | 2036-05-02 | USD | 104.15 | 5.93% | 134 bp | 5 | $1.9M | Jul 2026 |
| G4634UV90 | 4.09% fixed | 2036-05-12 | EUR | 99.32 | 4.17% | — | 3 | $876K | Jul 2026 |
| 404280EX3 | 5.79% variable | 2036-05-13 | USD | 100.80 | — | — | 10 | $42.7M | Jul 2026 |
| XS3073350269 | 4.191% fixed | 2036-05-19 | EUR | 100.02 | 4.19% | — | 2 | $807K | Jul 2026 |
| 404280FB0 | 5.741% variable | 2036-09-10 | USD | 98.79 | — | — | 15 | $46.7M | Jul 2026 |
| 404280FG9 | 5.133% variable | 2036-11-06 | USD | 96.16 | — | — | 15 | $55.2M | Jul 2026 |
| 404280FM6 | 5.279% fixed | 2037-03-10 | USD | 96.75 | 5.69% | 106 bp | 22 | $136.9M | Jul 2026 |
| AU3CB0335255 | 6.6% fixed | 2037-05-26 | AUD | 101.59 | 6.39% | — | 1 | $179K | Jul 2026 |
| 404280DM8 | 6.5% fixed | 2037-09-15 | USD | 103.90 | 6.01% | 136 bp | 12 | $7.2M | Jul 2026 |
| 404280AH2 | 6.5% fixed | 2037-09-15 | USD | 105.69 | 5.80% | 114 bp | 11 | $12.1M | Jul 2026 |
| G463NHAJ9 | 7% fixed | 2038-04-07 | GBP | 106.53 | 6.21% | — | 1 | $424K | Jun 2026 |
| B2QP0KII9 | 7% fixed | 2038-04-07 | GBP | 103.58 | 6.55% | — | 2 | $18.3M | Jul 2026 |
| EH2905378 | 7% fixed | 2038-04-07 | GBP | 104.02 | 6.50% | — | 1 | $1.1M | Jul 2026 |
| 404280AJ8 | 6.8% fixed | 2038-06-01 | USD | 107.95 | 5.86% | 116 bp | 2 | $437K | Jul 2026 |
| 404280DN6 | 6.8% fixed | 2038-06-01 | USD | 106.51 | 6.02% | 133 bp | 6 | $8.4M | Jul 2026 |
| 4042Q1AD9 | 7% fixed | 2039-01-15 | USD | 110.08 | 5.85% | 112 bp | 4 | $3.3M | Jul 2026 |
| 959UCZII7 | 6% fixed | 2040-03-29 | GBP | 94.78 | 6.58% | — | 3 | $10.2M | Jul 2026 |
| G463DAAD8 | 6% fixed | 2040-03-29 | GBP | 98.03 | 6.21% | — | 1 | $132K | May 2026 |
| 404280AM1 | 6.1% fixed | 2042-01-14 | USD | 102.76 | 5.83% | 95 bp | 10 | $15.4M | Jul 2026 |
| 404280DW6 | 6.332% variable | 2044-03-09 | USD | 102.69 | — | — | 17 | $55.3M | Jul 2026 |
| 404280AQ2 | 5.25% fixed | 2044-03-14 | USD | 91.12 | 6.08% | 109 bp | 5 | $3.7M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 109 | $4.00B | 100.40 | 5.59% | 106 bp | 26 |
| Jun 2026 | 107 | $11.19B | 100.88 | 5.36% | 92 bp | 75 |
| May 2026 | 89 | $7.65B | 101.08 | 5.32% | 88 bp | 47 |
| Apr 2026 | 103 | $3.92B | 100.67 | 5.33% | 108 bp | 29 |
| Mar 2026 | 103 | $9.99B | 100.48 | 5.48% | 123 bp | 82 |
| Feb 2026 | 79 | $6.58B | 102.23 | 4.91% | 87 bp | 51 |
| Jan 2026 | 101 | $3.77B | 101.66 | 5.00% | 89 bp | 31 |
| Dec 2025 | 102 | $9.46B | 101.88 | 5.06% | 94 bp | 74 |
| Nov 2025 | 79 | $6.29B | 102.34 | 4.92% | 91 bp | 51 |
| Oct 2025 | 102 | $3.79B | 101.94 | 5.01% | 101 bp | 32 |
| Sep 2025 | 96 | $9.16B | 101.98 | 5.09% | 100 bp | 64 |
| Aug 2025 | 81 | $6.23B | 101.86 | 5.15% | 96 bp | 43 |
| Jul 2025 | 101 | $3.71B | 101.34 | 5.26% | 95 bp | 24 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 317 added, 153 cut, 77 new holders and 30 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Dodge & Cox Income Fund Dodge & Cox Funds | 2026-06-30 | $1.26B | $1.31B | $10.6M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.13B | $1.13B | $213.7M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $1.11B | $1.11B | $51.0M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $1.05B | $1.08B | $104.4M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $725.8M | $723.0M | -$16.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $706.0M | $701.8M | -$895K |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $658.9M | $651.4M | $158.5M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $481.2M | $478.3M | $58.1M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $471.4M | $467.9M | $88.4M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $396.7M | $400.6M | $21.5M |
| Bond Fund of America | 2026-06-30 | $382.8M | $381.3M | -$4.0M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $375.3M | $375.6M | $17.6M |
| American Balanced Fund | 2026-06-30 | $371.6M | $369.1M | $60.0M |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $356.3M | $357.4M | $213.4M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $318.6M | $323.9M | $42.4M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $295.4M | $294.3M | $23.6M |
| VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $271.3M | $265.7M | $121.6M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $254.9M | $250.5M | $22.2M |
| PIMCO Enhanced Short Maturity Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $249.6M | $249.8M | $174.2M |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $250.9M | $245.4M | $0 |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $245.6M | $240.9M | $72.3M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $235.8M | $239.5M | $24.9M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $210.7M | $211.1M | $24.0M |
| Nuveen Preferred Securities and Income Fund Nuveen Investment Trust V | 2026-05-31 | $197.5M | $202.9M | $23.3M |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $186.6M | $187.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PGIM Short Duration Multi-Sector Bond Fund ($19.2M), AST Multi-Sector Fixed Income Portfolio ($9.1M), Allspring Core Bond Portfolio ($9.0M), Hartford Dynamic Bond Fund ($7.2M), JNL/WMC Balanced Fund ($6.3M), Ultra Short Income Portfolio ($3.7M), JNL/PPM America Total Return Fund ($3.3M), Invesco Multi-Asset Income Fund ($2.2M), Core Plus Bond Fund ($2.0M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($1.7M).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 46 | $1.11B | $1.11B | 0.28% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 16 | $1.05B | $1.08B | 1.58% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 23 | $725.8M | $723.0M | 1.44% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 49 | $396.7M | $400.6M | 0.29% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 27 | $375.3M | $375.6M | 1.26% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 8 | $356.3M | $357.4M | 0.93% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 15 | $318.6M | $323.9M | 0.62% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 25 | $295.4M | $294.3M | 1.34% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 21 | $254.9M | $250.5M | 0.36% |
| MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 2026-06-30 | 7 | $249.6M | $249.8M | 1.52% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 19 | $235.8M | $239.5M | 1.31% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 50 | $182.1M | $183.9M | 1.06% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 12 | $180.9M | $181.6M | 1.71% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 17 | $172.4M | $176.8M | 1.52% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 37 | $162.5M | $162.4M | 1.40% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 106 bp spread prices in about 1.8% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in HSBC's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 103 | $77.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 704 | $7.90B | 22 | $352.5M | 22 | $291.4M | 0 |
| 2026-03-31 | 639 | $6.90B | 16 | $252.2M | 19 | $213.9M | 0 |
| 2025-12-31 | 607 | $6.49B | 22 | $362.2M | 20 | $304.9M | 1 |
| 2025-09-30 | 553 | $5.61B | 18 | $293.8M | 17 | $255.3M | 0 |
| 2025-06-30 | 511 | $4.65B | 18 | $238.2M | 14 | $193.2M | 0 |
Officials trading HSBC bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2023-06-22 | Ro Khanna | purchase | HSBC Holdings PLC | $100,001 - $250,000 | filing |
| 2023-06-22 | Ro Khanna | purchase | HSBC Holdings PLC | $1,001 - $15,000 | filing |
| 2023-05-30 | Ro Khanna | purchase | HSBC Holdings PLC | $15,001 - $50,000 | filing |
| 2022-02-25 | Thomas R. Carper | sale | HSBC Holdings PLC | $15,001 - $50,000 | filing |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.