Orion Portfolio Solutions LLC Increases Goldman Sachs Stake by 8.5% Orion Portfolio Solutions LLC has boosted its holdings in The Goldman Sachs Group, Inc. (GS) by 8.5% during the third quarter, according to its latest 13F filing with the Securities and Exchange Commission. The institutional investor now owns 17,026 shares of the investment management company’s stock, valued at approximately $13.56 million. This increase follows the addition of 1,331 shares to its existing position. The move reflects growing confidence in Goldman Sachs’ performance amid evolving market conditions. The filing highlights the broader trend of institutional investors adjusting their positions in Goldman Sachs. Other notable changes include Brighton Jones LLC increasing its stake by 17.1%, now holding 3,474 shares worth $1.99 million. Revolve Wealth Partners LLC added 7.0% to its holdings, raising its stake to 888 shares valued at $508,000. Sivia Capital Partners LLC saw its position grow by 90.1%, acquiring 735 shares to reach 1,551 shares worth $1.098 million. Schnieders Capital Management LLC and Moors & Cabot Inc. also increased their stakes by 9.3% and 10.9%, respectively, bringing their holdings to 821 shares ($581,000) and 4,667 shares ($3.303 million). Collectively, hedge funds and institutional investors own 71.21% of the company’s shares. Insider transactions have also shaped recent activity. Alex S. Golten, a key insider, sold 1,092 shares at an average price of $936.89, totaling $1.02 million. Treasurer Carey Halio sold 2,846 shares at $927.17, generating $2.63 million. These sales, part of a broader trend, saw insiders collectively divest 117,283 shares worth $112.02 million over three months. Company insiders now hold 0.55% of the stock.#the_goldman_sachs_group_inc #orion_portfolio_solutions_llc #brighton_jones_llc #revolve_wealth_partners_llc #sivia_capital_partners_llc
Vinva Investment Management Ltd Has $19.57 Million Position in The Goldman Sachs Group, Inc. Vinva Investment Management Ltd increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 14% during the third quarter, according to a filing with the Securities and Exchange Commission (SEC). The fund now owns 24,339 shares of the investment management company’s stock, valued at approximately $19.57 million. This brings institutional investors’ ownership of the stock to around 71.21%. The stake increase followed the purchase of an additional 2,984 shares during the period. Other institutional investors also adjusted their positions in Goldman Sachs. Harbor Capital Advisors Inc. acquired a new position worth about $26,000, while First PREMIER Bank and Corundum Trust Company INC added positions valued at $28,000 and $29,000, respectively. Clearstead Trust LLC and Elevation Wealth Partners LLC also modified their holdings, with the latter raising its stake by 100% to 40 shares worth $32,000. Goldman Sachs reported strong quarterly results, exceeding expectations with $13.55 earnings per share (EPS) against an estimated $11.52, and $15.71 billion in revenue. The firm raised its quarterly dividend to $4.50, providing an annualized yield of about 2.2%. Despite these gains, analysts maintain a "Hold" consensus, with an average price target of $916.86. However, some analysts have upgraded their price targets, including Rothschild & Co Redburn, Barclays, BNP Paribas Exane, and Argus, with the latter assigning a "buy" rating. Legal and reputational risks remain a concern for Goldman Sachs. The firm’s top lawyer is expected to testify in a DOJ-related case tied to the Epstein matter, creating headline uncertainty.#vinva_investment_management_ltd #the_goldman_sachs_group_inc #securities_and_exchange_commission #harbor_capital_advisors_inc #first_premier_bank
