SCHEDULE: Goldman Sachs Discloses 4.8% Stake in Delek US Holdings

Goldman Sachs Group and its subsidiary have reported a 4.8% passive beneficial ownership stake in Delek US Holdings, Inc. as of December 31, 2025.

Summary

• The Goldman Sachs Group, Inc. and its subsidiary, Goldman Sachs & Co. LLC, collectively hold 2,905,695.04 shares of Delek US Holdings, Inc. common stock.
• This beneficial ownership represents 4.8% of the outstanding class of Delek US Holdings, Inc. common stock.
• The reporting entities exercise shared voting power over 2,905,312.04 shares and shared dispositive power over 2,905,427.04 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a change in previously reported beneficial ownership or a new reporting threshold met.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as the disclosure of a significant passive stake by a major institutional investor like Goldman Sachs typically signals confidence in the underlying company's value, even without an intent to influence control.

Positives

• A significant beneficial ownership stake by a major financial institution like Goldman Sachs can signal institutional confidence in Delek US Holdings, Inc.'s value or future prospects.
• The passive nature of the investment (filed under Rule 13d-1(b)) suggests Goldman Sachs is not seeking to influence management, which can be viewed positively by current management and other passive investors.

Risks

• The filing itself does not detail specific risks related to Delek US Holdings, Inc.'s operations or financial performance.
• As a passive investor, Goldman Sachs does not intend to influence control, meaning their presence does not necessarily provide active oversight or strategic direction to the company.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance from Delek US Holdings, Inc. or the reporting persons regarding the issuer's future performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

StockSavvy.ai notes that a significant stake by a prominent financial institution like Goldman Sachs in Delek US Holdings, Inc., an integrated energy company, could indicate a broader institutional interest in the energy sector or a specific belief in Delek's valuation and operational strategy within the current market environment.

Stakeholder Impact

• Shareholders may perceive increased confidence in Delek US Holdings, Inc. due to the significant investment by a reputable financial institution.
• The passive nature of the investment suggests minimal direct impact on employees, customers, suppliers, or creditors, as Goldman Sachs is not seeking to alter company operations or strategy.

Key Dates

Recommendation

A significant beneficial ownership stake by a major financial institution like Goldman Sachs often serves as a positive signal to the market, suggesting that sophisticated investors see value in the company. While the investment is passive, the sheer size of the stake (4.8%) indicates a strong belief in Delek US Holdings, Inc.'s long-term prospects, making it a potential 'buy' signal for other investors.

Keywords

Delek US Holdings, Goldman Sachs, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investment, Energy Sector, Passive Investment