13F filer · CIK 886982 ↗
Goldman Sachs Group Inc
You are looking at Q1 2025. See the latest, Q2 2026 →
Reported value
$617.84B
−2.6% on the quarter before
Positions
6,024
579 new · 548 sold out
Top 10
19.9%
of the value
Est. gain
−$19.60B
on stocks held all quarter
Est. return
−4.0%
on those stocks since Q4 2024
Positions as of Mar 31, 2025, from Goldman Sachs Group Inc's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 30% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2024. Striped tiles are options.
Largest buys
Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrPUT~$4.74BAdded · 1.4% → 2.1%+8,469,604 underlying
- Invesco Qqq TrPUT~$2.39BAdded · 0.7% → 1.0%+5,099,400 underlying
- Ishares Tr~$1.69BAdded · 0.6% → 0.8%+8,484,837 shares
- SPDR S&P 500 ETF Tr~$1.41BAdded · 3.0% → 3.1%+2,515,082 shares
- Ishares TrPUT~$1.34BAdded · 0.5% → 0.7%+16,959,900 underlying
- Ishares TrPUT~$1.09BAdded · 0.5% → 0.7%+5,443,500 underlying
- Nike Inc~$1.01BAdded · 0.1% → 0.2%+15,905,713 shares
- Ishares Tr~$877.5MAdded · 0.9% → 1.0%+1,561,613 shares
- Ishares Tr~$819.7MAdded · 0.0% → 0.1%+7,541,254 shares
- Enbridge Inc~$745.7MAdded · 0.1% → 0.2%+16,828,727 shares
Largest sells
Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- NvidiaPUT~$3.91BCut · 1.6% → 0.7%−36,035,423 underlying
- SPDR Gold TrCALL~$1.99BCut · 0.3% → 0.0%−6,907,700 underlying
- Tc Energy CorpPUT~$1.87BSold out · 0.3% → 0.0%−40,150,000 underlying
- AppleCALL~$1.70BCut · 0.5% → 0.2%−7,663,300 underlying
- Ishares TrPUT~$1.58BCut · 0.6% → 0.3%−17,331,900 underlying
- AmazonPUT~$1.46BCut · 0.3% → 0.0%−7,687,900 underlying
- Tc Energy Corp~$1.15BCut · 0.3% → 0.1%−24,455,664 shares
- ApplePUT~$1.10BCut · 0.3% → 0.1%−4,960,900 underlying
- TeslaCALL~$1.08BCut · 0.3% → 0.0%−4,149,400 underlying
- Alphabet~$965.4MCut · 0.8% → 0.5%−6,179,540 shares
Holdings
As of Mar 31, 2025. Changes are in shares against Dec 31, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCMN · shares −2.0% · price −11.3% | 3.2% | $19.82B | −$2.52B | ||||||||
| SPDR S&P 500 ETF TrCMN · shares +7.8% · price −4.6% | 3.1% | $19.46B | −$861.3M | ||||||||
| MicrosoftCMN · shares +4.4% · price −10.9% | 2.7% | $16.96B | −$1.99B | ||||||||
| NvidiaCMN · shares −1.9% · price −19.3% | 2.4% | $15.03B | −$3.59B | ||||||||
| SPDR S&P 500 ETF TrPUTCMN · shares +56% | 2.1% | $13.25B | — | ||||||||
| AmazonCMN · shares +5.1% · price −13.3% | 1.6% | $10.00B | −$1.46B | ||||||||
| MetaCMN · shares +1.0% · price −1.6% | 1.3% | $8.22B | −$129.2M | ||||||||
| AlphabetCMN · shares −1.9% · price −18.3% | 1.2% | $7.19B | −$1.61B | ||||||||
| Vanguard Index FdsCMN · shares +2.9% · price −4.6% | 1.1% | $6.80B | −$320.0M | ||||||||
| Ishares TrCMN · shares +16% · price −4.5% | 1.0% | $6.37B | −$261.6M | ||||||||
| Invesco Qqq TrPUTCMN · shares +63% | 1.0% | $6.18B | — | ||||||||
| SPDR S&P 500 ETF TrCALLCMN · shares −7.4% | 0.88% | $5.41B | — | ||||||||
| Visa Inc.CMN · shares −6.1% · price +10.9% | 0.86% | $5.33B | +$523.8M | ||||||||
| Ishares TrCMN · shares +51% · price −9.7% | 0.81% | $5.01B | −$357.3M | ||||||||
| Jpmorgan Chase & Co.CMN · shares −2.1% · price +2.3% | 0.79% | $4.88B | +$111.2M | ||||||||
| BroadcomCMN · shares −9.6% · price −27.8% | 0.75% | $4.63B | −$1.78B | ||||||||
| Ishares TrPUTCMN · shares +42% | 0.73% | $4.50B | — | ||||||||
| Eli LillyCMN · shares +7.4% · price +7.0% | 0.71% | $4.40B | +$267.6M | ||||||||
| Berkshire Hathaway Inc DelCMN · shares +16% · price +17.5% | 0.71% | $4.36B | +$559.9M | ||||||||
| Ishares TrPUTCMN · shares +36% | 0.67% | $4.13B | — | ||||||||
| NvidiaPUTCMN · shares −49% | 0.65% | $4.05B | — | ||||||||
| TeslaCMN · shares +16% · price −35.8% | 0.58% | $3.58B | −$1.72B | ||||||||
| Ishares TrCMN · shares +0.7% · price −10.1% | 0.57% | $3.50B | −$389.5M | ||||||||
| AlphabetCMN · shares −23% · price −18.0% | 0.52% | $3.21B | −$702.7M | ||||||||
| Unitedhealth Group IncCMN · shares −16% · price +3.5% | 0.49% | $3.06B | +$104.4M | ||||||||
| Total · 6,024 positions | 100% | $617.84B | −$19.60B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2024 to Q1 2025: 4,625 stocks held throughout, down $19.60B (−4.0%).
- Berkshire Hathaway Inc Del+$559.9M+17%
- Visa Inc.+$523.8M+11%
- Abbvie Inc+$359.4M+18%
- Alibaba+$345.6M+56%
- AT&T+$267.9M+24%
- Tesla−$1.72B−36%
- Broadcom−$1.78B−28%
- Microsoft−$1.99B−11%
- Apple−$2.52B−11%
- Nvidia−$3.59B−19%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 10 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $1.15T+32% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $870.94B+7% | SEC ↗ |
| Q4 2025 | Mar 25, 2026 (amended) | $815.35B−0% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $817.38B+11% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $736.09B+19% | SEC ↗ |
| Q1 2025 | Jun 27, 2025 (amended) | $617.84B−3% | SEC ↗ |
| Q4 2024 | Feb 11, 2025 | $634.40B+2% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $621.07B+5% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $591.35B+5% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $564.15B+4% | SEC ↗ |
| Q4 2023 | May 14, 2024 (amended) | $542.58B+15% | SEC ↗ |
| Q3 2023 | May 15, 2024 (amended) | $470.08B+1% | SEC ↗ |
| Q2 2023 | May 14, 2024 (amended) | $466.39B+7% | SEC ↗ |
| Q1 2023 | May 14, 2024 (amended) | $435.29B+7% | SEC ↗ |
| Q4 2022 | May 14, 2024 (amended) | $407.90B+102,967% | SEC ↗ |
| Q3 2022 | May 14, 2024 (amended) | $395.8M−1% | SEC ↗ |
| Q2 2022 | May 14, 2024 (amended) | $400.2M−100% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $476.17B−5% | SEC ↗ |
| Q4 2021 | Feb 17, 2022 (amended) | $503.62B+7% | SEC ↗ |
| Q3 2021 | Jan 20, 2022 (amended) | $471.46B+6% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $446.39B+13% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $396.45B+2% | SEC ↗ |
| Q4 2020 | Feb 12, 2021 | $388.63B+10% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $352.35B+7% | SEC ↗ |
| Q2 2020 | Aug 12, 2020 | $329.38B+16% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $283.84B−28% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $392.61B+13% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $346.13B−0% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $347.49B+5% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $331.01B+6% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $313.71B−19% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $387.28B+5% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $369.55B−5% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $390.88B−7% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $418.15B+2% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $408.33B+6% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $386.49B+5% | SEC ↗ |
| Q1 2017 | May 18, 2017 (amended) | $368.56B+4% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $353.62B+7% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $330.24B+8% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $306.30B+1% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $304.14B | SEC ↗ |