SCHEDULE: Goldman Sachs Discloses 0.1% Stake in Redfin
Beneficial Ownership Disclosure
Goldman Sachs Group and its subsidiary Goldman Sachs & Co. LLC reported a 0.1% beneficial ownership in Redfin Corporation's common stock as of September 30, 2025.
Summary
- The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Redfin Corporation's common stock.
- As of September 30, 2025, the reporting persons collectively beneficially owned 75,840.49 shares of Redfin Corporation common stock.
- This ownership represents 0.1% of Redfin Corporation's class of securities.
- The shares are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of Redfin Corporation.
- Goldman Sachs & Co. LLC is identified as a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine disclosure of a passive ownership stake and does not contain operational or financial performance information.
Future Outlook
NA
Management Comments
- The securities 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.
Industry Context
This filing is a routine disclosure of a passive investment by a major financial institution in a real estate technology company. It indicates continued institutional interest in the sector without providing specific industry trends or operational insights.
Stakeholder Impact
- Shareholders of Redfin Corporation: Provides transparency regarding a significant institutional investor's passive stake.
- Goldman Sachs Group and its clients: Reflects a passive investment in Redfin Corporation.
Key Dates
| Date | Description |
|---|---|
| 2024-07-29 | Previous Power of Attorney granted by The Goldman Sachs Group, Inc. superseded. |
| 2024-10-01 | Previous Power of Attorney granted by Goldman Sachs & Co. LLC superseded. |
| 2025-07-16 | Effective date of new Power of Attorney for The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. |
| 2025-09-30 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 2025-10-08 | Date of filing and signature for Schedule 13G. |
| 2026-07-16 | Expiration date of the current Power of Attorney. |
Keywords
Redfin Corporation, Goldman Sachs Group, Goldman Sachs & Co. LLC, Schedule 13G, beneficial ownership, common stock, investment, real estate technology
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