Goldman Sachs Portfolio holdings
Goldman Sachs, founded in 1869 by Marcus Goldman and later joined by Samuel Sachs, is a premier global investment bank headquartered in New York City, renowned for its influential role in financial markets. The firm provides a wide range of services, including investment banking (mergers, acquisitions, and underwriting), securities trading, asset management, and consumer banking through its Marcus platform, catering to corporations, governments, institutions, and high-net-worth individuals. Known for its elite status on Wall Street, Goldman Sachs has a history of navigating major economic events, from the Great Depression to the 2008 financial crisis, where it played a controversial yet pivotal role. With a strong emphasis on innovation and a global footprint, it manages billions in assets and remains a powerhouse in shaping economic policy and market trends.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$5.04B |
| 2 |
NVIDIA
NVDA
|
+$2.69B |
| 3 |
Broadcom
AVGO
|
+$2.06B |
| 4 |
Invesco QQQ Trust
QQQ
|
+$1.46B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.36B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$667M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
TSMC
TSM
|
+$483M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$473M |
| 5 |
Walmart Inc
WMT
|
+$464M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.3% |
| 2 | Financials | 9.61% |
| 3 | Consumer Discretionary | 7.75% |
| 4 | Healthcare | 6.29% |
| 5 | Communication Services | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $1.5B | 0.2% |
18,096,835
+4,997,277
| +38% | +$399M |
|
77
Boston Scientific
BSX
$68.5B
| $1.5B | 0.2% |
13,934,981
+5,149
| +0% | +$521K |
|
78
Goldman Sachs MarketBeta US Equity ETF
GSUS
$3.14B
| $1.48B | 0.2% |
17,241,688
-1,470,122
| -8% | -$116M |
|
79
AT&T
T
$169B
| $1.47B | 0.2% |
50,625,079
+1,997,872
| +4% | +$55.1M |
|
80
IBM
IBM
$214B
| $1.46B | 0.2% |
4,958,705
+289,559
| +6% | +$74.6M |
|
81
Merck
MRK
$326B
| $1.46B | 0.2% |
18,391,653
+4,024,221
| +28% | +$320M |
|
82
PUT
iShares China Large-Cap ETF
FXI
$4.27B
| $1.44B | 0.2% |
39,275,100
+30,277,600
| +337% | +$1.06B |
|
83
Alibaba
BABA
$276B
| $1.44B | 0.2% |
12,675,245
+2,368,681
| +23% | +$280M |
|
84
American Express
AXP
$227B
| $1.41B | 0.19% |
4,417,633
-135,057
| -3% | -$38M |
|
85
Capital One
COF
$130B
| $1.4B | 0.19% |
6,600,016
+3,062,943
| +87% | +$572M |
|
86
Qualcomm
QCOM
$172B
| $1.4B | 0.19% |
8,792,534
+1,811,875
| +26% | +$267M |
|
87
Intuitive Surgical
ISRG
$130B
| $1.4B | 0.19% |
2,569,438
-181,228
| -7% | -$94.8M |
|
88
GE Vernova
GEV
$251B
| $1.39B | 0.19% |
2,636,147
-251,111
| -9% | -$105M |
|
89
Applied Materials
AMAT
$378B
| $1.39B | 0.19% |
7,607,233
+1,973,657
| +35% | +$313M |
|
90
S&P Global
SPGI
$125B
| $1.36B | 0.18% |
2,579,348
-135,339
| -5% | -$67.5M |
|
91
Lam Research
LRCX
$337B
| $1.35B | 0.18% |
13,906,612
+4,431,704
| +47% | +$351M |
|
92
CALL
Apple
AAPL
$4.99T
| $1.34B | 0.18% |
6,538,300
+414,300
| +7% | +$83.7M |
|
93
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $1.34B | 0.18% |
15,136,300
-8,605,700
| -36% | -$750M |
|
94
Honeywell
HON
$78.3B
| $1.31B | 0.18% |
5,950,696
-455,707
| -7% | -$92.2M |
|
95
Invesco S&P 500 Equal Weight ETF
RSP
$98.2B
| $1.3B | 0.18% |
7,167,311
-1,013,757
| -12% | -$175M |
|
96
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $1.3B | 0.18% |
16,550,215
-2,771
| -0% | -$217K |
|
97
Energy Transfer Partners
ET
$69.5B
| $1.29B | 0.17% |
70,994,195
-5,989,165
| -8% | -$105M |
|
98
Verizon
VZ
$201B
| $1.28B | 0.17% |
29,583,216
-1,216,457
| -4% | -$52.7M |
|
99
Royal Bank of Canada
RY
$295B
| $1.27B | 0.17% |
9,625,823
+2,562,062
| +36% | +$313M |
|
100
RTX Corp
RTX
$295B
| $1.26B | 0.17% |
8,633,076
+2,507,275
| +41% | +$334M |
|
Similar funds
Goldman Sachs's Q2 2025 Portfolio in Review
As of Q2 2025, Goldman Sachs held 6,593 positions worth $736B, up 19% from $618B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Goldman Sachs deployed $48.5B of net new capital in Q2 2025, opening 562 new positions and adding to 2,527 existing holdings. Its largest new stake was Emera Inc: 5,401,728 shares worth $248M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares iBoxx $ High Yield Corporate Bond ETF, an estimated $667M trimmed.
- Goldman Sachs's largest Q2 2025 buy was Emera Inc: 5,401,728 shares worth $248M.
- Goldman Sachs added most to Tesla in Q2 2025, an estimated $5.04B increase.
- Goldman Sachs's biggest Q2 2025 reduction was iShares iBoxx $ High Yield Corporate Bond ETF, cutting an estimated $667M.
- Goldman Sachs fully exited Discover Financial Services in Q2 2025, selling an estimated $296M.
- Goldman Sachs's ten largest holdings make up 21% of its $736B portfolio in Q2 2025.
- Goldman Sachs opened 562 new positions and closed 544 in Q2 2025.
- Goldman Sachs's portfolio value rose 19% quarter-over-quarter to $736B.
Based on Goldman Sachs's 13F filing for Q2 2025, filed 14 Aug 2025.