Goldman Sachs is a New York-based investment bank that was formed in 1869. The asset management organization has offices in more than 35 countries throughout the world. Investment banking, global markets, asset management, and consumer and wealth management are the company’s four core sectors. Investment management, securities, and consumer banking are just a few of the financial services it offers. The Goldman Sachs Group, Inc. oversees a $446 billion investment portfolio as an investment management fund. The firm’s portfolio is split into over 13 different sectors, with the Technology sector accounting for the most, accounting for 14.7 percent of the overall portfolio value. Apple Inc., Microsoft Corporation, Amazon.com, and other leading stocks are included in the investment portfolio.
Insider Monkey looks at the top 10 stocks in Goldman Sachs portfolio. Paypal Holdings, Inc. is a global financial technology firm that facilitates online payment systems in a variety of nations. On the list of the top 10 equities in Goldman Sachs’ portfolio, the California-based firm is ranked tenth. The Goldman Sachs Group Inc. presently owns 9.59 million shares of Visa, Inc., valued at about $2.24 billion and accounting for 0.5 percent of the company’s investment portfolio. On July 27, the firm announced its quarterly earnings report, with earnings per share of $1.49, above expectations by $0.14. Goldman Sachs Group Inc. owns more than 3.4 million Tesla, Inc. shares valued at more than $2.3 billion. 60 hedge funds out of the 873 tracked by Insider Monkey had interests in Tesla, totaling $9.2 billion by the end of the second quarter of 2021. NVIDIA Corporation came in seventh. On August 18, the company announced its quarterly earnings report, with reported earnings per share of $1.04, $0.02 above market expectations. For more details, click 10 Stocks In Goldman Sachs Portfolio.
Unsplash
