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 | |
|---|---|---|---|---|---|---|
101
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $1.36B | 0.17% |
17,209,365
+659,150
| +4% | +$51.8M |
|
|
ETHA
102
iShares Ethereum Trust ETF
ETHA
$5.6B
| $1.33B | 0.16% |
42,270,570
+17,368,351
| +70% | +$515M |
|
103
Pinduoduo
PDD
$124B
| $1.33B | 0.16% |
10,051,279
-80,497
| -0.8% | -$9.53M |
|
104
Verizon
VZ
$193B
| $1.33B | 0.16% |
30,148,867
+565,651
| +2% | +$24.5M |
|
105
Uber
UBER
$143B
| $1.31B | 0.16% |
13,398,167
+1,193,840
| +10% | +$112M |
|
106
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $1.31B | 0.16% |
9,282,160
+251,752
| +3% | +$33.3M |
|
107
Applied Materials
AMAT
$398B
| $1.29B | 0.16% |
6,320,210
-1,287,023
| -17% | -$234M |
|
108
T-Mobile US
TMUS
$186B
| $1.29B | 0.16% |
5,387,857
+1,462,441
| +37% | +$354M |
|
109
Spotify
SPOT
$107B
| $1.27B | 0.16% |
1,823,428
+516,492
| +40% | +$361M |
|
110
ServiceNow
NOW
$114B
| $1.26B | 0.15% |
6,855,355
+1,389,685
| +25% | +$260M |
|
111
Arista Networks
ANET
$215B
| $1.26B | 0.15% |
8,653,338
-673,779
| -7% | -$86.8M |
|
112
Merck
MRK
$321B
| $1.26B | 0.15% |
15,021,367
-3,370,286
| -18% | -$278M |
|
113
Thermo Fisher Scientific
TMO
$214B
| $1.26B | 0.15% |
2,595,756
+274,267
| +12% | +$128M |
|
114
Amgen
AMGN
$209B
| $1.25B | 0.15% |
4,446,530
+215,529
| +5% | +$62.5M |
|
115
McDonald's
MCD
$191B
| $1.25B | 0.15% |
4,118,943
-144,012
| -3% | -$43.8M |
|
116
Lowe's Companies
LOW
$118B
| $1.24B | 0.15% |
4,933,164
-162,802
| -3% | -$40M |
|
|
117
PUT
Amazon
AMZN
$2.53T
| $1.24B | 0.15% |
5,639,800
+877,900
| +18% | +$199M |
|
118
Accenture
ACN
$99.9B
| $1.24B | 0.15% |
5,012,679
-1,424,654
| -22% | -$371M |
|
119
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| $1.23B | 0.15% |
22,225,128
+19,386,067
| +683% | +$1.04B |
|
120
Booking.com
BKNG
$150B
| $1.22B | 0.15% |
5,626,800
+409,325
| +8% | +$91.4M |
|
121
Automatic Data Processing
ADP
$105B
| $1.2B | 0.15% |
4,072,588
+1,192,780
| +41% | +$359M |
|
122
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $1.19B | 0.15% |
22,366,800
+15,587,800
| +230% | +$783M |
|
123
S&P Global
SPGI
$122B
| $1.15B | 0.14% |
2,363,675
-215,673
| -8% | -$115M |
|
124
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $1.13B | 0.14% |
21,062,086
+3,897,597
| +23% | +$207M |
|
|
125
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $1.12B | 0.14% |
20,975,000
+11,516,600
| +122% | +$578M |
|
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.