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§ 13F · FUND PROFILE

Goldman Sachs AM.

Goldman Sachs Asset Management is a global investment management division of Goldman Sachs Group, managing $817.4 trillion across over 13,000 positions with significant exposure to technology giants like NVIDIA, Apple, and Microsoft. As part of one of the world's leading investment banks, the firm is known for its comprehensive approach combining traditional asset management with sophisticated trading capabilities and prime brokerage services.
AUM · $817379.0T (13F)Positions · 13001Turnover · 97% · Q4Filed · Feb 10, 2026
BIG MOVE · Q4
Technology cut 0pp. Other lifted 2pp.
CONCENTRATION
19%
Top 10 holdings
NEW BUYS
+587
+$4345.1T deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
0pp · +2pp
3YR HIT RATE
Top-5 overlap
§ 01 · TOP HOLDINGS

The book · Q4 2025

FILED FEB 10, 2026
#TickerNameShares$ value% portΔ Q4
1NVDANVIDIA CORPORATION149.47M$27875.9T3.4%+678%
2AAPLAPPLE INC87.40M$23760.8T2.9%
3MSFTMICROSOFT CORP44.15M$21349.5T2.6%
4SPYSPDR S&P 500 ETF TR27.04M$18438.0T2.3%
5GOOGLALPHABET INC45.40M$14210.1T1.8%+4%
6AMZNAMAZON COM INC56.78M$13107.0T1.6%+3%
7AVGOBROADCOM INC28.36M$9814.2T1.2%
8METAMETA PLATFORMS INC13.87M$9154.7T1.1%
9TSLATESLA INC14.93M$6713.7T0.8%
10GOOGALPHABET INC20.39M$6398.9T0.8%
§ 02 · SECTOR ALLOCATION

Where the money is

Other37.5% (+2pp)
Technology13.0% (±0)
Semiconductors10.5% (±0)
Media6.4% (±0)
Retail5.7% (±0)
Financial Services5.1% (±0)
§ 03 · THE GOLDMAN SIGNAL

AC read

Goldman Sachs Asset Management's latest 13F filing reveals the characteristics of a highly active institutional manager operating at massive scale, with $817.4 trillion in assets under management spread across an exceptionally broad portfolio of 13,001 positions. The fund's quarterly turnover rate of 97% indicates an extremely dynamic trading approach, suggesting the firm is actively repositioning its holdings rather than maintaining static allocations. This level of activity aligns with Goldman's reputation as a sophisticated trading operation that likely capitalizes on short-term market movements and opportunities across its vast portfolio.

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§ 04 · FILING HISTORY

Q-by-Q deltas

2 FILINGS
Q4 2025
Busy quarter
+587 buys · 0 exits · 12045 changed
Q3 2025
Steady book
+0 buys · 0 exits · 0 changed
Q1 2025
Steady book
+0 buys · 0 exits · 0 changed
Q1 2025
Steady book
+0 buys · 0 exits · 0 changed