Jeremy Grantham acquired 1.19 Million HSBC Holdings plc - ADR shares worth $48.1 Million. That's 0.21% of their equity portfolio (86th largest holding). The first HSBC Holdings plc - ADR trade was made in Q2 2016. Since then Jeremy Grantham bought shares twelve more times and sold shares on nine occasions. The stake costed the investor $44.7 Million, netting the investor a gain of 7.5% so far.