GS

GS GOLDMAN SACHS GROUP INC

2026Q2 · CUSIP 38141G104 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
3,164
Institutions that reported holding it to the SEC
Net increase in holders
+180
Last quarter 2,984 → now 3,164
How unusual is that
Top 1% in the market
Stronger buying than 99.0% of US stocks
What the filings say, in one paragraph

3,164 funds held GS at the end of 2026Q2, up 180 from the quarter before. That is stronger buying than 99.0% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $66.2B(YoY +17.8%), the P/E is 13.8x, return on equity is 17.1%. GS has had 32 buying rushes in its history, and the price moved +9.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=846 2013Q4: holders=898 2014Q1: holders=894 2014Q2: holders=878 2014Q3: holders=879 2014Q4: holders=934 2015Q1: holders=944 2015Q2: holders=986 2015Q3: holders=965 2015Q4: holders=995 2016Q1: holders=973 2016Q2: holders=966 2016Q3: holders=973 2016Q4: holders=1102 2017Q1: holders=1146 2017Q2: holders=1135 2017Q3: holders=1138 2017Q4: holders=1233 2018Q1: holders=1291 2018Q2: holders=1251 2018Q3: holders=1263 2018Q4: holders=1213 2019Q1: holders=1236 2019Q2: holders=1218 2019Q3: holders=1246 2019Q4: holders=1325 2020Q1: holders=1229 2020Q2: holders=1259 2020Q3: holders=1303 2020Q4: holders=1489 2021Q1: holders=1610 2021Q2: holders=1660 2021Q3: holders=1695 2021Q4: holders=1844 2022Q1: holders=1796 2022Q2: holders=1737 2022Q3: holders=1704 2022Q4: holders=1849 2023Q1: holders=1785 2023Q2: holders=1800 2023Q3: holders=1767 2023Q4: holders=1946 2024Q1: holders=2025 2024Q2: holders=2105 2024Q3: holders=2179 2024Q4: holders=2441 2025Q1: holders=2465 2025Q2: holders=2570 2025Q3: holders=2712 2025Q4: holders=3004 2026Q1: holders=2984 2026Q2: holders=3164 -292 -146 +0 +146 +292 76120423323 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 32 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 1% in the market — —
2025Q4 Top 1% in the market +7.7% +10.4%
2025Q3 Top 1% in the market +18.8% +27.9%
2025Q2 Top 5% +8.8% +29.1%
2025Q1 Top 10% +18.4% +28.0%
2024Q4 Top 1% in the market -5.8% +11.8%
2024Q3 Top 5% +6.9% +2.8%
2024Q2 Top 1% in the market +17.4% +33.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
397
Change in large funds
+50
Total value they hold
$219.1B
Funds buying for the first time
309
Funds that sold out entirely
129
Price change that quarter
+11.6%
Funds holding puts (bearish)
61
Funds holding calls (bullish)
54

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
13.8
EPS (TTM)
$64.82
EPS YoY
+42.9%
Revenue (TTM)
$66.2B
Revenue YoY
+17.8%
Net margin
31.7%
ROE
17.1%
Debt ratio
94.2%
FCF (TTM)
-$41.5B
Dividend (TTM)
$17.00
Quarterly Revenue & EPS
2021-09-30: EPS 14.93 2021-12-31: EPS 10.90 2022-03-31: EPS 10.76 2022-06-30: EPS 7.73 2022-09-30: EPS 8.25 2022-12-31: EPS 3.32 2023-03-31: EPS 8.79 2023-06-30: EPS 3.08 2023-09-30: EPS 5.47 2023-12-31: EPS 5.53 2024-03-31: EPS 11.58 2024-06-30: EPS 8.62 2024-09-30: EPS 8.40 2024-12-31: EPS 11.94 2025-03-31: EPS 14.12 2025-06-30: EPS 10.91 2025-09-30: EPS 12.25 2025-12-31: EPS 14.04 2026-03-31: EPS 17.55 2026-06-30: EPS 20.98 0B 10.2B 20.3B $B 0.00 11.54 23.08 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 16 7 12 18 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-56B-3.3B49B 2017201820192020202120222023202420252026
Latest quarter $-32B (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.