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 |
Microsoft
MSFT
|
+$4B |
| 2 |
TC Energy
TRP
|
+$1.99B |
| 3 |
Amazon
AMZN
|
+$1.97B |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$1.83B |
| 5 |
NVIDIA
NVDA
|
+$1.4B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$1.57B |
| 2 |
Scotiabank
BNS
|
+$1.51B |
| 3 |
Enbridge
ENB
|
+$1.47B |
| 4 |
iShares Russell 1000 Growth ETF
IWF
|
+$1.02B |
| 5 |
Medtronic
MDT
|
+$871M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.37% |
| 2 | Financials | 9.2% |
| 3 | Consumer Discretionary | 8.28% |
| 4 | Communication Services | 6.4% |
| 5 | Healthcare | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Goldman Sachs MarketBeta US Equity ETF
GSUS
$3.14B
| $1.58B | 0.19% |
17,066,689
-174,999
| -1% | -$15.5M |
|
77
RTX Corp
RTX
$289B
| $1.58B | 0.19% |
9,412,608
+779,532
| +9% | +$121M |
|
78
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $1.57B | 0.19% |
17,581,500
+2,445,200
| +16% | +$214M |
|
79
IBM
IBM
$209B
| $1.57B | 0.19% |
5,555,219
+596,514
| +12% | +$156M |
|
|
80
PUT
Microsoft
MSFT
$3.35T
| $1.55B | 0.19% |
2,986,800
+1,006,000
| +51% | +$513M |
|
81
State Street Industrial Select Sector SPDR ETF
XLI
$32.5B
| $1.54B | 0.19% |
9,991,478
+1,641,717
| +20% | +$249M |
|
82
Chevron
CVX
$383B
| $1.52B | 0.19% |
9,794,461
+1,898,699
| +24% | +$294M |
|
83
Invesco S&P 500 Equal Weight ETF
RSP
$97.2B
| $1.51B | 0.19% |
7,974,676
+807,365
| +11% | +$150M |
|
84
Amphenol
APH
$197B
| $1.51B | 0.18% |
12,175,931
+4,179,149
| +52% | +$459M |
|
85
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.5B
| $1.5B | 0.18% |
3,226,926
+2,083,474
| +182% | +$939M |
|
86
Blackrock
BLK
$170B
| $1.49B | 0.18% |
1,277,401
+187,025
| +17% | +$209M |
|
87
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51B
| $1.49B | 0.18% |
14,228,012
+10,705,194
| +304% | +$1.07B |
|
88
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.48B | 0.18% |
14,810,588
-1,453,473
| -9% | -$144M |
|
89
Shopify
SHOP
$159B
| $1.48B | 0.18% |
9,985,807
+669,896
| +7% | +$90.8M |
|
90
Boston Scientific
BSX
$68.4B
| $1.46B | 0.18% |
15,005,259
+1,070,278
| +8% | +$111M |
|
91
Linde
LIN
$235B
| $1.46B | 0.18% |
3,079,118
-387,545
| -11% | -$183M |
|
92
American Express
AXP
$228B
| $1.44B | 0.18% |
4,322,306
-95,327
| -2% | -$30.3M |
|
93
Caterpillar
CAT
$373B
| $1.42B | 0.17% |
2,980,443
-85,953
| -3% | -$36.7M |
|
94
Philip Morris
PM
$299B
| $1.42B | 0.17% |
8,759,422
+332,647
| +4% | +$56M |
|
|
95
CALL
iShares Russell 2000 ETF
IWM
$80.2B
| $1.42B | 0.17% |
5,860,700
-10,450,800
| -64% | -$2.4B |
|
96
Qualcomm
QCOM
$160B
| $1.41B | 0.17% |
8,472,910
-319,624
| -4% | -$50.7M |
|
97
AT&T
T
$159B
| $1.41B | 0.17% |
49,883,281
-741,798
| -1% | -$21.1M |
|
98
Intuitive Surgical
ISRG
$126B
| $1.4B | 0.17% |
3,137,699
+568,261
| +22% | +$273M |
|
99
TJX Companies
TJX
$176B
| $1.38B | 0.17% |
9,558,793
+1,968,499
| +26% | +$262M |
|
100
NextEra Energy
NEE
$183B
| $1.36B | 0.17% |
18,081,817
-4,251,212
| -19% | -$311M |
|
Similar funds
Goldman Sachs's Q3 2025 Portfolio in Review
As of Q3 2025, Goldman Sachs held 6,765 positions worth $817B, up 11% from $736B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Goldman Sachs's Q3 2025 filing shows 707 new, 2,950 increased, 2,106 reduced and 470 closed positions. Its largest new stake was Fidelity Enhanced International ETF: 1,911,687 shares worth $67.4M. The largest sale was iShares Russell 2000 ETF, an estimated $1.57B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Consumer Discretionary.
- Goldman Sachs's largest Q3 2025 buy was Fidelity Enhanced International ETF: 1,911,687 shares worth $67.4M.
- Goldman Sachs added most to Microsoft in Q3 2025, an estimated $4B increase.
- Goldman Sachs's biggest Q3 2025 reduction was iShares Russell 2000 ETF, cutting an estimated $1.57B.
- Goldman Sachs fully exited Ansys in Q3 2025, selling an estimated $564M.
- Goldman Sachs's ten largest holdings make up 22% of its $817B portfolio in Q3 2025.
- Goldman Sachs opened 707 new positions and closed 470 in Q3 2025.
- Goldman Sachs's portfolio value rose 11% quarter-over-quarter to $817B.
Based on Goldman Sachs's 13F filing for Q3 2025, filed 14 Nov 2025.