Managers / Q4 2025 · view latest →

SG Americas Securities, LLC

CIK 0001313360 · 245 PARK AVENUE, NEW YORK, NY, 10167 · 212-278-6000

Reported Value

$78.3B

Q4 2025

Positions

3,598

Filings on Record

2019–present window

Filed

Jan 9, 2026

original filing

Summary

Sg Americas Securities, LLC reported $78.3B in U.S.-listed holdings across 3,598 positions for Q4 2025.

Its largest position, NVDA, represents 9.0% of the portfolio.

Compared with Q3 2025, the fund opened 525 new positions and exited 281.

Portfolio Metrics

Turnover

+8.5%

vs prior filed quarter

Top-10 Concentration

+36.9%

share of reported value

Largest Position

+9.0%

Nvidia Corporation Com

New / Exited

525 / 281

positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value

Portfolio Composition

By security type

Common Stock · 88.3% · $69.2B
Other · 3.4% · $2.7B
ETP · 2.6% · $2.1B
REIT · 2.5% · $2.0B
ADR · 2.4% · $1.9B
Other · 0.7% · $522M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
MARA HOLDINGS INC NOTE 6/0	NEW	+955.0K	955.0K	+$81M	$81M
LLYVK LIBERTY LIVE HOLDINGS INC COM SHS SER C	NEW	+609.4K	609.4K	+$51M	$51M
CHARLES RIV LABS INTL INC COM	NEW	+181.8K	181.8K	+$36M	$36M
LLYVA LIBERTY LIVE HOLDINGS INC COM SER A	NEW	+437.6K	437.6K	+$36M	$36M
CBZ CBIZ INC COM	NEW	+706.7K	706.7K	+$36M	$36M
PAR PAR TECHNOLOGY CORP COM	NEW	+751.8K	751.8K	+$27M	$27M
IEMG ISHARES INC CORE MSCI EMKT	NEW	+366.5K	366.5K	+$25M	$25M
ONB OLD NATL BANCORP IND COM	NEW	+1.01M	1.01M	+$22M	$22M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

475 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	NVDA NVIDIA CORPORATION COM history →	COM	9.00%	$7.1B	37.81M
2	GOOGL ALPHABET INC CAP STK CL A	COM	5.53%	$4.3B	13.82M
3	AVGO BROADCOM INC COM history →	COM	4.83%	$3.8B	10.93M
4	AAPL APPLE INC COM history →	COM	4.37%	$3.4B	12.59M
5	MSFT MICROSOFT CORP COM history →	COM	4.17%	$3.3B	6.75M
6	JPM JPMORGAN CHASE & CO. COM history →	COM	2.56%	$2.0B	6.22M
7	META META PLATFORMS INC CL A history →	COM	1.85%	$1.4B	2.19M
8	AMZN AMAZON COM INC COM history →	COM	1.66%	$1.3B	5.62M
9	MU MICRON TECHNOLOGY INC COM history →	COM	1.56%	$1.2B	4.28M
10	V VISA INC COM CL A history →	COM	1.35%	$1.1B	3.02M
11	LIN LINDE PLC SHS history →	COM	1.32%	$1.0B	2.42M
12	HON HONEYWELL INTL INC COM history →	COM	1.01%	$792M	4.06M
13	CSCO CISCO SYS INC COM history →	COM	1.00%	$786M	10.20M
14	UNH UNITEDHEALTH GROUP INC COM history →	COM	0.71%	$560M	1.70M
15	TSLA TESLA INC COM history →	COM	0.70%	$552M	1.23M
16	EQIX EQUINIX INC COM history →	COM	0.70%	$549M	716.8K
17	ORCL ORACLE CORP COM history →	COM	0.58%	$451M	2.31M
18	DHR DANAHER CORPORATION COM history →	COM	0.57%	$443M	1.93M
19	AXP AMERICAN EXPRESS CO COM history →	COM	0.56%	$442M	1.20M
20	WMT WALMART INC COM history →	COM	0.53%	$417M	3.74M
21	COST COSTCO WHSL CORP NEW COM history →	COM	0.51%	$403M	466.8K
22	CRM SALESFORCE INC COM history →	COM	0.50%	$393M	1.48M
23	SPY SPDR S&P 500 ETF TR TR UNIT history →	COM	0.48%	$379M	556.3K
24	JNJ JOHNSON & JOHNSON COM history →	COM	0.47%	$367M	1.78M
25	PDD PDD HOLDINGS INC SPONSORED ADS history →	COM	0.47%	$367M	3.24M
26	PM PHILIP MORRIS INTL INC COM history →	COM	0.46%	$363M	2.26M
27	ASML ASML HOLDING N V N Y REGISTRY SHS history →	COM	0.41%	$318M	297.3K
28	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	COM	0.38%	$295M	407.3K
29	NOW SERVICENOW INC COM history →	COM	0.35%	$277M	1.81M
30	LLY ELI LILLY & CO COM history →	COM	0.35%	$275M	255.9K
31	GEV GE VERNOVA INC COM history →	COM	0.35%	$274M	418.7K
32	TSM TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS history →	COM	0.34%	$265M	873.0K
33	SLV ISHARES SILVER TR ISHARES history →	COM	0.33%	$262M	4.07M
34	GLD SPDR GOLD TR GOLD SHS history →	COM	0.33%	$261M	657.9K
35	PGR PROGRESSIVE CORP COM history →	COM	0.33%	$260M	1.14M
36	ACN ACCENTURE PLC IRELAND SHS CLASS A history →	COM	0.33%	$258M	960.6K
37	PEP PEPSICO INC COM history →	COM	0.33%	$257M	1.79M
38	WM WASTE MGMT INC DEL COM history →	COM	0.32%	$252M	1.15M
39	BABA ALIBABA GROUP HLDG LTD SPONSORED ADS history →	COM	0.32%	$250M	1.70M
40	CAT CATERPILLAR INC COM history →	COM	0.32%	$248M	433.0K
41	PLTR PALANTIR TECHNOLOGIES INC CL A history →	COM	0.31%	$241M	1.36M
42	MDT MEDTRONIC PLC SHS history →	COM	0.31%	$241M	2.51M
43	HD HOME DEPOT INC COM history →	COM	0.30%	$239M	693.6K
44	MPWR MONOLITHIC PWR SYS INC COM history →	COM	0.30%	$238M	262.2K
45	USB US BANCORP DEL COM NEW history →	COM	0.30%	$231M	4.33M
46	QCOM QUALCOMM INC COM history →	COM	0.29%	$228M	1.34M
47	BA BOEING CO COM history →	COM	0.29%	$224M	1.03M
48	WMB WILLIAMS COS INC COM history →	COM	0.28%	$223M	3.70M
49	CMCSA COMCAST CORP NEW CL A history →	COM	0.28%	$221M	7.39M
50	KO COCA COLA CO COM history →	COM	0.27%	$212M	3.03M
51	MO ALTRIA GROUP INC COM history →	COM	0.27%	$210M	3.64M
52	GS GOLDMAN SACHS GROUP INC COM history →	COM	0.27%	$209M	237.7K
53	MRVL MARVELL TECHNOLOGY INC COM history →	COM	0.27%	$208M	2.44M
54	CVX CHEVRON CORP NEW COM history →	COM	0.26%	$207M	1.36M
55	GD GENERAL DYNAMICS CORP COM history →	COM	0.25%	$199M	591.5K
56	SYK STRYKER CORPORATION COM history →	COM	0.25%	$199M	566.5K
57	SE SEA LTD SPONSORD ADS history →	COM	0.25%	$197M	1.54M
58	AMT AMERICAN TOWER CORP NEW COM history →	COM	0.25%	$195M	1.11M
59	CTAS CINTAS CORP COM history →	COM	0.24%	$189M	1.00M
60	ROP ROPER TECHNOLOGIES INC COM history →	COM	0.23%	$182M	408.8K
61	NFLX NETFLIX INC COM history →	COM	0.23%	$177M	1.89M
62	MCD MCDONALDS CORP COM history →	COM	0.22%	$174M	570.6K
63	GE AEROSPACE COM NEW	COM	0.22%	$174M	564.2K
64	CRH CRH PLC ORD history →	COM	0.22%	$173M	1.39M
65	T AT&T INC COM history →	COM	0.22%	$170M	6.85M
66	CRWD CROWDSTRIKE HLDGS INC CL A history →	COM	0.21%	$168M	358.9K
67	TT TRANE TECHNOLOGIES PLC SHS history →	COM	0.21%	$165M	423.5K
68	INTU INTUIT COM history →	COM	0.21%	$164M	248.0K
69	AIG AMERICAN INTL GROUP INC COM NEW history →	COM	0.21%	$163M	1.90M
70	IBM INTERNATIONAL BUSINESS MACHS COM history →	COM	0.21%	$161M	543.3K
71	ISRG INTUITIVE SURGICAL INC COM NEW history →	COM	0.20%	$158M	278.8K
72	GILD GILEAD SCIENCES INC COM history →	COM	0.20%	$156M	1.27M
73	LUV SOUTHWEST AIRLS CO COM history →	COM	0.20%	$155M	3.75M
74	C CITIGROUP INC COM NEW history →	COM	0.20%	$154M	1.32M
75	EFA ISHARES TR MSCI EAFE ETF history →	COM	0.20%	$154M	1.60M
76	CAH CARDINAL HEALTH INC COM history →	COM	0.19%	$150M	727.5K
77	CYBERARK SOFTWARE LTD SHS	COM	0.19%	$147M	328.5K
78	MRK MERCK & CO INC COM history →	COM	0.19%	$146M	1.39M
79	APH AMPHENOL CORP NEW CL A history →	COM	0.18%	$143M	1.05M
80	LUMENTUM HLDGS INC NOTE 1.50012/1	BND	0.18%	$142M	265.7K
81	BDX BECTON DICKINSON & CO COM history →	COM	0.18%	$142M	730.1K
82	BMY BRISTOL-MYERS SQUIBB CO COM history →	COM	0.18%	$142M	2.62M
83	MNDY MONDAY COM LTD SHS history →	COM	0.18%	$138M	932.9K
84	ANET ARISTA NETWORKS INC COM SHS history →	COM	0.17%	$136M	1.04M
85	PFE PFIZER INC COM history →	COM	0.17%	$135M	5.41M
86	ADI ANALOG DEVICES INC COM history →	COM	0.17%	$132M	485.8K
87	QQQ INVESCO QQQ TR UNIT SER 1 history →	COM	0.17%	$131M	213.7K
88	INTC INTEL CORP COM history →	COM	0.17%	$130M	3.53M
89	AMGN AMGEN INC COM history →	COM	0.17%	$130M	397.2K
90	NVO NOVO-NORDISK A S ADR history →	COM	0.16%	$129M	2.54M
91	LMT LOCKHEED MARTIN CORP COM history →	COM	0.16%	$127M	262.2K
92	FLUT FLUTTER ENTMT PLC SHS history →	COM	0.16%	$125M	579.6K
93	ADBE ADOBE INC COM history →	COM	0.16%	$124M	354.9K
94	TXN TEXAS INSTRS INC COM history →	COM	0.16%	$123M	708.5K
95	RSG REPUBLIC SVCS INC COM history →	COM	0.16%	$122M	575.6K
96	EA ELECTRONIC ARTS INC COM history →	COM	0.16%	$122M	596.7K
97	ABT ABBOTT LABS COM history →	COM	0.15%	$121M	962.8K
98	AMD ADVANCED MICRO DEVICES INC COM history →	COM	0.15%	$120M	561.1K
99	ABBV ABBVIE INC COM history →	COM	0.15%	$119M	522.6K
100	ADP AUTOMATIC DATA PROCESSING IN COM history →	COM	0.15%	$118M	459.1K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$92.9B	3,194	Apr 16, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$78.3B	3,598	Jan 9, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$29.7B	3,354	Oct 23, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$24.1B	2,879	Aug 8, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$30.5B	3,447	Apr 15, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$24.4B	3,101	Jan 17, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$27.6B	3,400	Oct 3, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$17.2B	2,798	Jul 12, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$20.8B	2,929	May 6, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$10.7B	3,082	Jan 12, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$8.7B	3,093	Oct 13, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$13.2B	2,212	Jul 10, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$8.6B	3,217	Apr 28, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$8.2B	3,046	Feb 2, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$8.1B	3,163	Oct 31, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$9.4B	3,397	Jul 29, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$13.6B	2,914	Apr 29, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$18.4B	3,341	Feb 7, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$21.3B	3,819	Nov 1, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$21.5B	2,820	Aug 12, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$19.1B	3,234	May 13, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$18.7B	3,339	Feb 4, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$15.7B	2,653	Nov 9, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$12.0B	3,676	Jul 20, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$10.7B	3,433	Apr 30, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$11.0B	3,288	Jan 28, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$12.2B	2,997	Nov 4, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$14.5B	3,065	Jul 29, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$10.9B	3,361	Apr 29, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$11.4B	3,066	Feb 1, 2019	13F-HR	changes · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.