{"text_format":"2","workbook":"xls","n_sheets":1,"sheets":["Report"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":2,"defined_names":0,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900","formulas":"cached_only"}

{"sheet":"Report","index":0,"n_rows":148,"n_cols":8,"rows_kept":148,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
[]
["Name","HSBC MSCI USA QUALITY UCITS ETF"]
["Date","2025-07-21"]
["Fund Size",397619231.5]
[]
[]
["ISIN","CUSIP","SecurityName","NumberOfShare","MarketValue","Country","LocalCurrencyCode","Weighting"]
["US67066G1040","67066G104","NVIDIA Corp",173756,29778303,"United States","USD",7.48906]
["US5949181045","594918104","Microsoft Corp",50956,25990617,"United States","USD",6.53648]
["US0378331005","037833100","Apple Inc",112912,23991542,"United States","USD",6.03372]
["US92826C8394","92826C839","Visa Inc Class A",46818,16430309,"United States","USD",4.13212]
["US57636Q1040","57636Q104","Mastercard Inc Class A",27535,15272288,"United States","USD",3.84089]
["US30303M1027","30303M102","Meta Platforms Inc Class A",19659,14016179,"United States","USD",3.52498]
["US5324571083","532457108","Eli Lilly and Co",18270,13925029,"United States","USD",3.50206]
["US64110L1061","64110L106","Netflix Inc",8588,10591323,"United States","USD",2.66365]
["US8725401090","872540109","TJX Companies Inc",73007,9121495,"United States","USD",2.294]
["US02079K3059","02079K305","Alphabet Inc Class A",41260,7843526,"United States","USD",1.9726]
["US22160K1051","22160K105","Costco Wholesale Corp",7656,7254519,"United States","USD",1.82447]
["US4781601046","478160104","Johnson & Johnson",41995,6902298,"United States","USD",1.73589]
["US00724F1012","00724F101","Adobe Inc",18571,6828185,"United States","USD",1.71725]
["US02079K1079","02079K107","Alphabet Inc Class C",35004,6691015,"United States","USD",1.68275]
["US0530151036","053015103","Automatic Data Processing Inc",21164,6368248,"United States","USD",1.60157]
["US6541061031","654106103","Nike Inc Class B",84715,6270604,"United States","USD",1.57702]
["US7427181091","742718109","Procter & Gamble Co",37267,5777503,"United States","USD",1.45301]
["US1696561059","169656105","Chipotle Mexican Grill Inc",109079,5722284,"United States","USD",1.43912]
["US4824801009","482480100","KLA Corp",6090,5710958,"United States","USD",1.43627]
["IE00B4BNMY34","G1151C101","Accenture PLC Class A",19634,5545623,"United States","USD",1.39469]
["US7475251036","747525103","Qualcomm Inc",31480,5004376,"United States","USD",1.25857]
["US0382221051","038222105","Applied Materials Inc",25820,4973190,"United States","USD",1.25073]
["US5128073062","512807306","Lam Research Corp",46515,4732436,"United States","USD",1.19018]
["US1491231015","149123101","Caterpillar Inc",11447,4694071,"United States","USD",1.18053]
["US91324P1021","91324P102","UnitedHealth Group Inc",16169,4561922,"United States","USD",1.14729]
["US34959E1091","34959E109","Fortinet Inc",39532,4227552,"United States","USD",1.0632]
["US58933Y1055","58933Y105","Merck & Co Inc",51839,4111351,"United States","USD",1.03398]
["US0404132054","040413205","Arista Networks Inc",35209,3929676,"United States","USD",0.98829]
["US1912161007","191216100","Coca-Cola Co",54041,3786653,"United States","USD",0.95232]
["IE000S9YS762","G54950103","Linde PLC",7719,3631249,"United States","USD",0.91324]
["US09290D1019","09290D101","BlackRock Inc",3259,3562152,"United States","USD",0.89586]
["AN8068571086","806857108","SLB",92369,3098056,"United States","USD",0.77914]
["US4523081093","452308109","Illinois Tool Works Inc",12114,3084709,"United States","USD",0.77579]
["US8168511090","816851109","Sempra",39061,3069023,"United States","USD",0.77184]
["US03027X1000","03027X100","American Tower Corp",13045,2954692,"United States","USD",0.74309]
["US7134481081","713448108","PepsiCo Inc",20562,2913635,"United States","USD",0.73276]
[null,null,"Micro E-mini S&P 500 Index Future Sept 25",87,2759966,"United States","USD",0.69411]
["CH0114405324","H2906T109","Garmin Ltd",11846,2678973,"Switzerland","USD",0.67375]
["IE00BK9ZQ967","G8994E103","Trane Technologies PLC Class A",5991,2650898,"United States","USD",0.66668]
["US88579Y1010","88579Y101","3M Co",17036,2603442,"United States","USD",0.65475]
["US23331A1097","23331A109","D.R. Horton Inc",19495,2558134,"United States","USD",0.64335]
["US1729081059","172908105","Cintas Corp",11180,2474358,"United States","USD",0.62229]
["US03831W1080","03831W108","AppLovin Corp Ordinary Shares - Class A",6657,2437594,"United States","USD",0.61304]
["US5500211090","550021109","Lululemon Athletica Inc",10516,2347276,"United States","USD",0.59033]
["US12572Q1058","12572Q105","CME Group Inc Class A",8384,2305600,"United States","USD",0.57984]
["US1273871087","127387108","Cadence Design Systems Inc",7256,2295218,"United States","USD",0.57723]
["US6200763075","620076307","Motorola Solutions Inc",5191,2184944,"United States","USD",0.5495]
["US2091151041","209115104","Consolidated Edison Inc",21094,2153065,"United States","USD",0.54148]
["US9699041011","969904101","Williams-Sonoma Inc",12177,2096879,"United States","USD",0.52735]
["US6153691059","615369105","Moodys Corp",4191,2096171,"United States","USD",0.52717]
["US8923561067","892356106","Tractor Supply Co",36272,2082376,"United States","USD",0.5237]
["US62944T1051","62944T105","NVR Inc",273,2013703,"United States","USD",0.50643]
["US5717481023","571748102","Marsh & McLennan Companies Inc",9583,2012526,"United States","USD",0.50614]
["US92532F1003","92532F100","Vertex Pharmaceuticals Inc",4329,1984803,"United States","USD",0.49917]
["US88262P1021","88262P102","Texas Pacific Land Corp",1999,1938950,"United States","USD",0.48763]
["US0527691069","052769106","Autodesk Inc",6523,1925329,"United States","USD",0.48421]
["US0495601058","049560105","Atmos Energy Corp",12115,1916835,"United States","USD",0.48207]
["US7458671010","745867101","PulteGroup Inc",16506,1793377,"United States","USD",0.45102]
["US90384S3031","90384S303","Ulta Beauty Inc",3460,1721039,"United States","USD",0.43283]
["US7043261079","704326107","Paychex Inc",12043,1718054,"United States","USD",0.43208]
["US3848021040","384802104","W.W. Grainger Inc",1677,1714280,"United States","USD",0.43113]
["US25278X1090","25278X109","Diamondback Energy Inc",12181,1703391,"United States","USD",0.42839]
["US3119001044","311900104","Fastenal Co",36133,1662841,"United States","USD",0.41819]
["US0304201033","030420103","American Water Works Co Inc",11445,1634804,"United States","USD",0.41114]
["US03076C1062","03076C106","Ameriprise Financial Inc",2997,1601926,"United States","USD",0.40287]
["US1651677353","165167735","Expand Energy Corp Ordinary Shares - New",15641,1554872,"United States","USD",0.39104]
["US70450Y1038","70450Y103","PayPal Holdings Inc",20630,1543537,"United States","USD",0.38819]
["US2435371073","243537107","Deckers Outdoor Corp",14306,1503561,"United States","USD",0.37814]
["US8243481061","824348106","Sherwin-Williams Co",4195,1431754,"United States","USD",0.36008]
["US98978V1035","98978V103","Zoetis Inc Class A",9448,1392352,"United States","USD",0.35017]
["US74460D1090","74460D109","Public Storage",4793,1363992,"United States","USD",0.34304]
["US6098391054","609839105","Monolithic Power Systems Inc",1794,1300237,"United States","USD",0.327]
["US89417E1091","89417E109","The Travelers Companies Inc",4861,1279610,"United States","USD",0.32181]
["US25179M1036","25179M103","Devon Energy Corp",39194,1267926,"United States","USD",0.31888]
["US0010551028","001055102","Aflac Inc",12447,1258641,"United States","USD",0.31654]
["US8288061091","828806109","Simon Property Group Inc",7584,1241956,"United States","USD",0.31234]
["US4062161017","406216101","Halliburton Co",57036,1208022,"United States","USD",0.30381]
["US3666511072","366651107","Gartner Inc",3195,1128154,"United States","USD",0.28372]
["US45168D1046","45168D104","IDEXX Laboratories Inc",2129,1108932,"United States","USD",0.27889]
["US0865161014","086516101","Best Buy Co Inc",16105,1065990,"United States","USD",0.26809]
["US12504L1098","12504L109","CBRE Group Inc Class A",7056,998001,"United States","USD",0.25099]
["US2788651006","278865100","Ecolab Inc",3658,980746,"United States","USD",0.24665]
["US64110D1046","64110D104","NetApp Inc",9051,972620,"United States","USD",0.24461]
["US22160N1090","22160N109","CoStar Group Inc",11315,961888,"United States","USD",0.24191]
["US5261071071","526107107","Lennox International Inc",1600,961648,"United States","USD",0.24185]
["US0091581068","009158106","Air Products and Chemicals Inc",3061,899077,"United States","USD",0.22611]
["US6795801009","679580100","Old Dominion Freight Line Inc Ordinary Shares",5388,879591,"United States","USD",0.22121]
["US73278L1052","73278L105","Pool Corp",2727,815346,"United States","USD",0.20505]
["US29084Q1004","29084Q100","EMCOR Group Inc",1401,785176,"United States","USD",0.19747]
["US4165151048","416515104","The Hartford Insurance Group Inc",6453,783201,"United States","USD",0.19697]
["US61174X1090","61174X109","Monster Beverage Corp",13047,775383,"United States","USD",0.195]
["US0534841012","053484101","AvalonBay Communities Inc",3726,748144,"United States","USD",0.18815]
["US28176E1082","28176E108","Edwards Lifesciences Corp",9515,728468,"United States","USD",0.18321]
["US9224751084","922475108","Veeva Systems Inc Class A",2460,691260,"United States","USD",0.17385]
["BMG0450A1053","G0450A105","Arch Capital Group Ltd",7852,687443,"United States","USD",0.17289]
["US7547301090","754730109","Raymond James Financial Inc",4260,678959,"United States","USD",0.17075]
["US7611521078","761152107","ResMed Inc",2598,678260,"United States","USD",0.17058]
["US92338C1036","92338C103","Veralto Corp",5989,611537,"United States","USD",0.1538]
["US12503M1080","12503M108","Cboe Global Markets Inc",2526,596793,"United States","USD",0.15009]
["US74144T1088","74144T108","T. Rowe Price Group Inc",5593,585587,"United States","USD",0.14727]
["US2855121099","285512109","Electronic Arts Inc",3795,582115,"United States","USD",0.1464]
["US29670G1022","29670G102","Essential Utilities Inc",15375,576101,"United States","USD",0.14489]
["US29476L1070","29476L107","Equity Residential",8450,565981,"United States","USD",0.14234]
["US00846U1016","00846U101","Agilent Technologies Inc",4456,499250,"United States","USD",0.12556]
["US7757111049","775711104","Rollins Inc",8652,479321,"United States","USD",0.12055]
["US4278661081","427866108","The Hershey Co",2664,470862,"United States","USD",0.11842]
["US0844231029","084423102","WR Berkley Corp",6658,451412,"United States","USD",0.11353]
["US3021301094","302130109","Expeditors International of Washington Inc",3923,441494,"United States","USD",0.11103]
["US6935061076","693506107","PPG Industries Inc",3525,403683,"United States","USD",0.10152]
["US3030751057","303075105","FactSet Research Systems Inc",930,393464,"United States","USD",0.09895]
["US70432V1026","70432V102","Paycom Software Inc",1667,379976,"United States","USD",0.09556]
["US3841091040","384109104","Graco Inc",4191,361222,"United States","USD",0.09085]
["US8926721064","892672106","Tradeweb Markets Inc",2593,350029,"United States","USD",0.08803]
["US4262811015","426281101","Jack Henry & Associates Inc",1928,340986,"United States","USD",0.08576]
["US9418481035","941848103","Waters Corp",1128,317712,"United States","USD",0.0799]
["US6951561090","695156109","Packaging Corp of America",1333,268453,"United States","USD",0.06751]
["US29530P1021","29530P102","Erie Indemnity Co Class A",736,259271,"United States","USD",0.0652]
["US9553061055","955306105","West Pharmaceutical Services Inc",1135,238441,"United States","USD",0.05997]
["US91307C1027","91307C102","United Therapeutics Corp",797,233617,"United States","USD",0.05875]
["US0536111091","053611109","Avery Dennison Corp",1262,225911,"United States","USD",0.05682]
["US7496851038","749685103","RPM International Inc",1933,214505,"United States","USD",0.05395]
["US6819191064","681919106","Omnicom Group Inc",2997,211019,"United States","USD",0.05307]
["US0259321042","025932104","American Financial Group Inc",1534,193023,"United States","USD",0.04854]
["US60855R1005","60855R100","Molina Healthcare Inc",932,164442,"United States","USD",0.04136]
["US1156372096","115637209","Brown-Forman Corp Registered Shs -B- Non Vtg",2393,67842,"United States","USD",0.01706]
[null,null,"Abiomed Inc Npv",39,0,"United States","USD",0]
[null,null,"Capital Cash Ctrl",38248931,38248931,null,"USD",9.61937]
[null,null,"Capital Cash Ctrl Class C",38248931,-38248931,null,"USD",-9.61937]
[null,null,"Futures Liability",null,-2759966,null,"USD",-0.69411]
[null,null,"Usd Capital Cash",2527830,2527830,null,"USD",0.63573]
[null,null,"Usd Initial Margin",185542,185542,null,"USD",0.04666]
[null,null,"Usd Overseas Dividend Income Receivable",149597,149597,null,"USD",0.03762]
[null,null,"Accrued Mgment Chg Capital Crystalised",41743,-41743,null,"USD",-0.0105]
[null,null,"Accrued Mgment Chg Capital C",29758,-29758,null,"USD",-0.00748]
[null,null,"Usd Irrec Overseas Tax On Divs Receivable",18085,-18085,null,"USD",-0.00455]
[null,null,"Usd Futures Broker Account",12035,12035,null,"USD",0.00303]
[null,null,"Misc Inc Receivable",5498,5498,null,"USD",0.00138]
[null,null,"Usd Stocklending Commission Receivable",981,981,null,"USD",0.00025]
[null,null,"Cad Capital Cash",49,36,null,"CAD",1e-05]
[null,null,"Eur Capital Cash",24,28,null,"EUR",1e-05]
[null,null,"Usd Settlement For Capital Events",8,-8,null,"USD",0]