HSBC Securities (USA) Inc.
HSBC Securities (USA) Inc. was an authorized participant (AP) for 1,069 US ETFs in Form N-CEN periods ending Jul 31, 2025 to Jun 30, 2026. It created $1.7bn and redeemed $500m of their shares. It was active in 13 of them.
about.us.hsbc.com, the firm’s website ↗| # | Ticker | Fund | Category | Created | Redeemed | Created and redeemed ↓ | Share of the fund’s AP dollars | Active APs in the fund | Period ending |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SPY | SPDR S&P 500 ETF Trust | U.S. stocks | $797m | $206m | $1.0bn | 0.0% | 26 | Dec 31, 2025 |
| 2 | XLE | State Street Energy Select Sector SPDR ETF | Sector stocks | $321m | $86.7m | $408m | 0.9% | 21 | Sep 30, 2025 |
| 3 | XLF | State Street Financial Select Sector SPDR ETF | Sector stocks | $183m | $145m | $328m | 0.2% | 21 | Sep 30, 2025 |
| 4 | IVV | iShares Core S&P 500 ETF | U.S. stocks | $293m | $0 | $293m | 0.0% | 25 | Mar 31, 2026 |
| 5 | USMV | iShares MSCI USA Min Vol Factor ETF | U.S. stocks | $45.8m | $45.6m | $91.5m | 0.6% | 14 | Jul 31, 2025 |
| 6 | XLV | State Street Health Care Select Sector SPDR ETF | Sector stocks | $37.2m | $0 | $37.2m | 0.1% | 23 | Sep 30, 2025 |
| 7 | XLK | State Street Technology Select Sector SPDR ETF | Sector stocks | $23.6m | $0 | $23.6m | 0.1% | 18 | Sep 30, 2025 |
| 8 | IJJ | iShares S&P Mid-Cap 400 Value ETF | U.S. stocks | $13.2m | $0 | $13.2m | 0.5% | 9 | Mar 31, 2026 |
| 9 | XLU | State Street Utilities Select Sector SPDR ETF | Sector stocks | $0 | $12.1m | $12.1m | 0.0% | 22 | Sep 30, 2025 |
| 10 | VIS | Vanguard Industrials ETF | Sector stocks | $5.1m | $5.1m | $10.3m | 0.5% | 11 | Aug 31, 2025 |
| 11 | XLI | State Street Industrial Select Sector SPDR ETF | Sector stocks | $6.7m | $0 | $6.7m | 0.0% | 23 | Sep 30, 2025 |
| 12 | TEMD | Templeton Emerging Markets Debt ETF | Bonds | $5.0m | $0 | $5.0m | 10.0% | 6 | Mar 31, 2026 |
| 13 | XTL | State Street SPDR S&P Telecom ETF | U.S. stocks | $4.7m | $0 | $4.7m | 0.4% | 10 | Jun 30, 2026 |
HSBC Securities (USA) by category
The ETFs HSBC Securities (USA) Inc. serves, by the category each is placed in, with what it created and redeemed in each.
| # | Category | Share of its dollars | ETFs served | Active in | Created | Redeemed | Only active AP in |
|---|---|---|---|---|---|---|---|
| 1 | U.S. stocks | 62.8% | 261 | 5 | $1.2bn | $251m | 0 |
| 2 | International stocks | 0.0% | 213 | 0 | $0 | $0 | 0 |
| 3 | Sector stocks | 36.9% | 124 | 7 | $577m | $249m | 0 |
| 4 | Bonds | 0.2% | 288 | 1 | $5.0m | $0 | 0 |
| 5 | Commodities | 0.0% | 6 | 0 | $0 | $0 | 0 |
| 6 | Allocation | 0.0% | 14 | 0 | $0 | $0 | 0 |
| 7 | Buffer | 0.0% | 4 | 0 | $0 | $0 | 0 |
| 8 | Income | 0.0% | 36 | 0 | $0 | $0 | 0 |
| 9 | Themes | 0.0% | 115 | 0 | $0 | $0 | 0 |
| 10 | Alternatives | 0.0% | 8 | 0 | $0 | $0 | 0 |
Questions people ask
Is HSBC Securities (USA) an ETF authorized participant (AP)?
Which ETFs does HSBC Securities (USA) create and redeem the most?
How much of an ETF’s AP activity does HSBC Securities (USA) handle?
Where do these figures come from?
Method
HSBC Securities (USA) Inc. is identified by CRD 19585, SEC file number 8-41562, LEI CYYGQCGNHMHPSMRL3R97. It is on the SEC’s list of active broker-dealers dated Oct 1, 2026 as HSBC SECURITIES (USA) INC.. Funds filed its name 5 ways; every spelling is in dealers.json. Every row is one authorized participant (AP) listed in item E.2 of an ETF’s latest Form N-CEN, with the dollars of the fund’s shares it purchased from the fund (created) and redeemed in the fund’s reporting period, as filed. A fund’s period is its own fiscal year, or less where the filing says so, so a firm’s total adds periods that end on different days. Rows are grouped into firms by the identifiers each row carries: the CRD number first, the SEC file number and LEI where the CRD is missing or typed wrong, never by name. 71 of 75,056 rows carry a CRD their file number and LEI place on another firm, and are counted there.
The rest of the method
A firm’s name is its registration on the SEC’s list of active broker-dealers where it is on it. Spot crypto and commodity trusts and ETNs file no N-CEN and are not here.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A list of firms is not a rating or a recommendation.
Questions people ask
Is HSBC Securities (USA) an ETF authorized participant (AP)?
Yes. HSBC Securities (USA) Inc. is listed as an AP for 1,069 US ETFs in Form N-CEN periods ending Jul 31, 2025 to Jun 30, 2026, and created or redeemed shares in 13 of them.
Which ETFs does HSBC Securities (USA) create and redeem the most?
By dollars created and redeemed: SPY, $1.0bn; XLE, $408m; XLF, $328m; IVV, $293m; USMV, $91.5m.
How much of an ETF’s AP activity does HSBC Securities (USA) handle?
Across the 13 funds it was active in, its share of each fund’s AP dollars ran from 0.0% to 10.0%. It was the only active AP in 0 ETFs.
Where do these figures come from?
From item E.2 of each ETF’s latest Form N-CEN, which names its APs and the dollars each created and redeemed. ETFIQ groups the rows by HSBC Securities (USA)’s CRD, SEC file number and LEI, never by the name as typed.
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ETFIQ, HSBC Securities (USA) Inc. as an ETF authorized participant, data as of Sep 23, 2026. https://etfiq.com/trading/authorized-participants/hsbc-securities-usa/
ETFIQ. (Sep 23, 2026). HSBC Securities (USA) Inc. as an ETF authorized participant. Retrieved from https://etfiq.com/trading/authorized-participants/hsbc-securities-usa/
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