13F filer · CIK 886982 ↗
Goldman Sachs Group Inc
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$817.38B
+11% on the quarter before
Positions
6,295
756 new · 509 sold out
Top 10
22.5%
of the value
Est. gain
+$46.82B
on stocks held all quarter
Est. return
+8.2%
on those stocks since Q2 2025
Positions as of Sep 30, 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, 33% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 2025, 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.
- Microsoft~$4.06BAdded · 3.2% → 3.5%+7,841,111 shares
- Invesco Qqq TrPUT~$3.59BAdded · 0.4% → 0.9%+5,979,800 underlying
- Tc Energy Corp~$2.16BAdded · 0.2% → 0.4%+39,624,187 shares
- Amazon~$1.91BAdded · 1.6% → 1.7%+8,698,692 shares
- Ishares Tr~$1.90BAdded · 0.9% → 1.1%+2,838,859 shares
- Nvidia~$1.49BAdded · 3.4% → 3.8%+8,009,717 shares
- Apple~$1.44BAdded · 2.5% → 3.0%+5,662,244 shares
- SPDR Series Trust~$1.12BAdded · 0.0% → 0.2%+10,705,194 shares
- Alphabet~$1.09BAdded · 1.1% → 1.5%+4,483,521 shares
- SPDR Series Trust~$1.07BAdded · 0.0% → 0.2%+19,386,067 shares
Largest sells
Since Q2 2025, 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~$2.96BCut · 1.7% → 1.3%−4,445,766 underlying
- Ishares TrCALL~$2.53BCut · 0.5% → 0.2%−10,450,800 underlying
- Invesco Qqq TrCALL~$2.00BCut · 1.0% → 0.7%−3,323,600 underlying
- NvidiaCALL~$1.73BCut · 0.6% → 0.5%−9,295,900 underlying
- Bank Nova Scotia Halifax~$1.66BCut · 0.2% → 0.1%−25,662,120 shares
- Ishares Tr~$1.66BCut · 0.6% → 0.4%−6,842,203 shares
- SPDR S&P 500 ETF TrCALL~$1.63BCut · 0.8% → 0.6%−2,453,300 underlying
- Enbridge Inc~$1.58BCut · 0.3% → 0.1%−31,282,462 shares
- ApplePUT~$1.38BCut · 0.3% → 0.1%−5,428,900 underlying
- Ishares TrPUT~$1.37BCut · 0.7% → 0.5%−5,675,600 underlying
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCMN · shares +5.0% · price +18.1% | 3.8% | $31.35B | +$4.58B | ||||||||
| MicrosoftCMN · shares +17% · price +4.1% | 3.5% | $28.26B | +$959.6M | ||||||||
| AppleCMN · shares +6.2% · price +24.1% | 3.0% | $24.59B | +$4.50B | ||||||||
| SPDR S&P 500 ETF TrCMN · shares −1.8% · price +7.8% | 2.9% | $24.11B | +$1.75B | ||||||||
| AmazonCMN · shares +16% · price +0.1% | 1.7% | $13.95B | +$9.9M | ||||||||
| TeslaCMN · shares −2.2% · price +40.0% | 1.6% | $13.29B | +$3.80B | ||||||||
| MetaCMN · shares +8.6% · price −0.5% | 1.6% | $13.12B | −$61.1M | ||||||||
| AlphabetCMN · shares +9.5% · price +37.9% | 1.5% | $12.50B | +$3.14B | ||||||||
| BroadcomCMN · shares −0.9% · price +19.7% | 1.5% | $12.14B | +$2.00B | ||||||||
| SPDR S&P 500 ETF TrPUTCMN · shares −22% | 1.3% | $10.29B | — | ||||||||
| Ishares TrCMN · shares +26% · price +7.8% | 1.1% | $9.15B | +$524.1M | ||||||||
| Vanguard Index FdsCMN · shares +2.2% · price +7.8% | 1.0% | $8.25B | +$584.6M | ||||||||
| NvidiaPUTCMN · shares +16% | 0.95% | $7.72B | — | ||||||||
| Jpmorgan Chase & Co.CMN · shares +4.9% · price +8.8% | 0.86% | $6.99B | +$539.5M | ||||||||
| Invesco Qqq TrPUTCMN · shares +106% | 0.85% | $6.99B | — | ||||||||
| Invesco Qqq TrCALLCMN · shares −25% | 0.72% | $5.91B | — | ||||||||
| AlphabetCMN · shares +3.9% · price +37.3% | 0.72% | $5.88B | +$1.54B | ||||||||
| Visa Inc.CMN · shares +5.5% · price −3.9% | 0.71% | $5.81B | −$220.5M | ||||||||
| Ishares TrPUTCMN · shares −7.9% | 0.71% | $5.77B | — | ||||||||
| Invesco Qqq TrCMN · shares +6.9% · price +8.8% | 0.70% | $5.76B | +$437.2M | ||||||||
| Eli LillyCMN · shares +21% · price −2.1% | 0.62% | $5.08B | −$90.9M | ||||||||
| SPDR S&P 500 ETF TrCALLCMN · shares −25% | 0.61% | $4.98B | — | ||||||||
| TeslaPUTCMN · shares −21% | 0.57% | $4.64B | — | ||||||||
| OracleCMN · shares +21% · price +28.6% | 0.52% | $4.22B | +$777.9M | ||||||||
| Berkshire Hathaway Inc DelCMN · shares −8.1% · price +3.5% | 0.51% | $4.20B | +$141.9M | ||||||||
| Total · 6,295 positions | 100% | $817.38B | +$46.82B |
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 Q2 2025 to Q3 2025: 4,661 stocks held throughout, up $46.82B (+8.2%).
- Nvidia+$4.58B+18%
- Apple+$4.50B+24%
- Tesla+$3.80B+40%
- Alphabet+$3.14B+38%
- Broadcom+$2.00B+20%
- Intuitive Surgical−$247.1M−18%
- Texas Instruments−$255.2M−12%
- Accenture Plc Ireland−$262.1M−17%
- Salesforce−$284.5M−13%
- Netflix−$442.9M−10%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 26 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 ↗ |