13F-HR: Goldman Sachs Reveals $817B Q3 Holdings

Goldman Sachs Group Inc. has disclosed its institutional investment holdings totaling over $817 billion across 13,001 positions for the quarter ended September 30, 2025.

Summary

• Goldman Sachs Group Inc. filed its 13F-HR report for the quarter ended September 30, 2025.
• The total market value of institutional investment holdings reported was $817,379,021,695.
• The filing detailed 13,001 individual holdings entries.
• The report included holdings managed by 7 other affiliated entities under the Goldman Sachs umbrella.
• Significant holdings include NVIDIA Corporation, Apple Inc., Microsoft Corp., Amazon.com Inc., Alphabet Inc., and SPDR S&P 500 ETF Trust.

Sentiment

Score: 5

Explanation: A 13F-HR filing is a factual disclosure of past holdings, not an announcement of performance or future plans. Therefore, the sentiment is neutral, reflecting objective reporting rather than positive or negative news.

Future Outlook

This 13F-HR filing is a historical disclosure of holdings and does not contain forward-looking statements or guidance regarding future performance or strategy.

Management Comments

• Sam Prashanth, Vice-President, represented that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Industry Context

This filing provides a snapshot of Goldman Sachs' equity investment positions as of the end of Q3 2025. Such disclosures are closely watched by market participants to understand the investment trends and sentiment of major institutional investors, potentially influencing market dynamics and individual stock performance. The significant allocation to technology giants like NVIDIA, Apple, Microsoft, and Alphabet reflects continued confidence in the tech sector's growth prospects, while substantial ETF holdings indicate broad market exposure.

Related Party Transactions

• The report includes holdings managed by Goldman Sachs Group Inc. and its 7 other affiliated institutional investment managers: GOLDMAN SACHS & CO. LLC, GOLDMAN SACHS ASSET MANAGEMENT, L.P., GOLDMAN SACHS INTERNATIONAL, GOLDMAN SACHS BANK AG, GOLDMAN SACHS WEALTH SERVICES, L.P., Goldman Sachs Trust Company, N.A., and Goldman Sachs Bank Europe SE. These are considered related party dealings as they are all part of the same corporate group.

Stakeholder Impact

• Shareholders of Goldman Sachs Group Inc. gain transparency into the firm's institutional investment strategies and portfolio composition.
• Investors in the individual securities listed in the report may observe potential shifts in institutional sentiment or validation of their own investment theses.
• Regulatory bodies, such as the SEC, utilize this data to monitor market activity and ensure compliance with disclosure requirements.

Key Dates

Keywords

Goldman Sachs, 13F-HR, Institutional Holdings, Investment Portfolio, SEC Filing, Equity Holdings, Asset Management, NVIDIA, Apple, Microsoft, Amazon, Alphabet, SPDR S&P 500