BlackRock's position in Goldman Sachs Group is currently worth $26.2B. That's 0.40% of their equity portfolio (39th largest holding). The investor owns 8.66% of the outstanding Goldman Sachs Group stock. The first Goldman Sachs Group trade was made in Q4 2020. Since then BlackRock bought shares ten more times and sold shares on seven occasions. The stake costed the investor $6.48B, netting the investor a gain of 304% so far.
GS tops Q1 estimates on record equities and strong IB fees, but shares slip as fixed income weakness and higher expenses weigh on sentiment.
Timothy Moe, Chief APAC Equity Strategist at Goldman Sachs, says that long-term structural themes such as energy security, defense, US re-industrialization a...
Goldman just delivered one of the strongest quarters in its storied history and is positioning itself at the forefront of enterprise AI adoption.
Stay informed with our breaking news coverage, including Goldman Sachs' Q1 earnings report and the latest regarding OpenAI CEO Sam Altman. We also discuss th...