Goldman Sachs.
The book · Q2 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 156.50M | $31.3B | 2.7% | +7% |
| 2 | AAPL | APPLE INC | 93.01M | $26.9B | 2.3% | +11% |
| 3 | SPY | STATE STR SPDR S&P 500 ETF T | 25.79M | $19.3B | 1.7% | +18% |
| 4 | GOOGL | ALPHABET INC | 49.34M | $17.6B | 1.5% | +4% |
| 5 | SPY | STATE STR SPDR S&P 500 ETF T | 22.96M | $17.1B | 1.5% | — |
| 6 | MSFT | MICROSOFT CORP | 45.19M | $16.9B | 1.5% | +5% |
| 7 | AMZN | AMAZON COM INC | 58.38M | $13.9B | 1.2% | +4% |
| 8 | SNDK | SANDISK CORP | 5.53M | $12.6B | 1.1% | +70% |
| 9 | MU | MICRON TECHNOLOGY INC | 10.55M | $12.2B | 1.1% | +79% |
| 10 | MU | MICRON TECHNOLOGY INC | 10.14M | $11.7B | 1.0% | — |
Where the money is
AC read
Goldman Sachs Asset Management's 13F for Q2 2026, covering the period ending June 30, 2026, shows a book of 14,070 positions across $1.2 trillion in reported assets, filed with the SEC on a 45 to 90 day delay, so the underlying trades happened sometime in the spring. The portfolio is built for breadth rather than concentration: the Herfindahl index sits at 0.004 and the top ten names account for just 15.6% of the book, led by Nvidia at $31.3 billion (2.7%), Apple at $26.9 billion (2.3%), and two separate SPY lines totaling roughly $36.4 billion. Turnover ran at 38% for the quarter with 619 new positions added and zero exited, a pattern consistent with a dealer and prime brokerage operation that is constantly adding exposure through client facilitation, options hedging, and index replication rather than making high conviction bets that get closed out entirely.
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