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Goldman Sachs Stock Portfolio: Top 10 Large-Cap Stock Picks

In this article, we discuss the top 10 large-cap stock picks of Goldman Sachs. If you want to see more stocks in this selection, check out Goldman Sachs Stock Portfolio: Top 5 Large-Cap Stock Picks

Goldman Sachs is an American multinational investment bank and financial services company. The firm operates through Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management divisions. Goldman Sachs invests in municipal bonds, exchange traded funds, emerging markets, fixed income assets, workplace retirement solutions, buy-write strategies, and alternative assets. 

Goldman Sachs has an equity portfolio worth more than $442.5 billion as of the end of the second quarter of 2022. The firm prioritizes investments in the finance, consumer discretionary, communications, healthcare, and information technology sectors. During Q2 2022, the Goldman Sachs stock portfolio featured 450 new purchases and additional purchases in 2602 stocks, whereas it sold out of 555 equities and trimmed holdings in 2565 stocks. 

Some of the most notable large-cap stocks in the Goldman Sachs stock portfolio are Alibaba Group Holding Limited (NYSE:BABA), Block, Inc. (NYSE:SQ), and S&P Global Inc. (NYSE:SPGI). 

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Our Methodology 

We used Goldman Sachs’ stock portfolio for the second quarter of 2022 for this analysis. The stocks have been ranked according to the number of hedge fund holders. We have assessed the hedge fund sentiment from Insider Monkey’s database of 895 elite hedge funds tracked as of the end of the second quarter of 2022. 

Goldman Sachs Stock Portfolio: Top Large-Cap Stock Picks

10. Akamai Technologies, Inc. (NASDAQ:AKAM)

Number of Hedge Fund Holders: 27

Akamai Technologies, Inc. (NASDAQ:AKAM) is a Massachusetts-based provider of cloud services for securing, delivering, and optimizing content and business applications online. In Q2 2022, the Goldman Sachs stock portfolio had nearly 31.5 million shares of Akamai Technologies, Inc. (NASDAQ:AKAM), worth $3.4 billion and representing 0.77% of the total holdings. 

On October 3, investment advisory Truist noted that Akamai Technologies, Inc. (NASDAQ:AKAM) may be worth over $150 per share in a potential acquisition bid from an unidentified private equity firm. This valuation is based on a sum-of-the-parts approach. 

Morgan Stanley analyst Keith Weiss on October 20 maintained an Equal Weight rating on Akamai Technologies, Inc. (NASDAQ:AKAM) but lowered the firm’s price target on the shares to $98 from $102. The analyst and the rest of the firm’s North American Software team are trimming estimates for the infrastructure software group “again” on the back of a weaker environment that will persist through 2023, though they acknowledge that soft investor expectations will “create some tactical opportunities” into the Q3 earnings reporting season.

According to Insider Monkey’s data, 27 hedge funds were bullish on Akamai Technologies, Inc. (NASDAQ:AKAM) at the end of June 2022, compared to 28 funds in the prior quarter. Anand Parekh’s Alyeska Investment Group is a prominent stakeholder of the company, with 971,237 shares worth $88.70 million. 

In addition to Alibaba Group Holding Limited (NYSE:BABA), Block, Inc. (NYSE:SQ), and S&P Global Inc. (NYSE:SPGI), Akamai Technologies, Inc. (NASDAQ:AKAM) is one of the premier large-cap picks from the Goldman Sachs stock portfolio. 

Here is what Nelson Capital Management has to say about Akamai Technologies, Inc. (NASDAQ:AKAM) in its Q2 2021 investor letter:

“In the technology sector, we sold our position in Akamai (tkr: AKAM). Akamai has benefitted from higher internet traffic during the pandemic, but we expect the company to face difficult comparable earnings results in 2021 and growth expectations going forward remain low.”

9. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 29

NRG Energy, Inc. (NYSE:NRG) is a Texas-based energy company that engages in electricity generation, power transmission, and distribution. The Goldman Sachs stock portfolio held 28.2 million shares of NRG Energy, Inc. (NYSE:NRG) in the second quarter of 2022, worth over $3 billion and representing 0.68% of the total 13F securities. 

On October 21, NRG Energy, Inc. (NYSE:NRG) declared a $0.35 per share quarterly dividend, in line with previous. The dividend is payable on November 15, to shareholders of the company as of November 1. The dividend yield on November 3 came in at 3.23%. 

Among the hedge funds tracked by Insider Monkey, NRG Energy, Inc. (NYSE:NRG) was part of 29 public stock portfolios at the end of Q2 2022, compared to 31 in the earlier quarter. Richard S. Pzena’s Pzena Investment Management is the largest position holder in the company, with 16.5 million shares worth $631 million. 

8. ON Semiconductor Corporation (NASDAQ:ON)

Number of Hedge Fund Holders: 39

ON Semiconductor Corporation (NASDAQ:ON) is an ​​Arizona-based company that provides intelligent sensing and power solutions worldwide. The company promotes the electrification of the automotive industry and sustainable energy for solar strings, industrial power, and storage systems. Securities filings for Q2 2022 reveal that the Goldman Sachs stock portfolio featured nearly 20.4 million ON Semiconductor Corporation (NASDAQ:ON) shares, worth $2.3 billion and representing 0.53% of the total holdings. 

On October 31, ON Semiconductor Corporation (NASDAQ:ON) reported its Q3 results, posting a Q3 non-GAAP EPS of $1.45 and a revenue of $2.2 billion, topping Wall Street estimates by $0.14 and $80 million, respectively. The revenue climbed nearly 26% year-over-year in Q3 2022. 

Susquehanna analyst Christopher Rolland on November 1 maintained a Positive rating on ON Semiconductor Corporation (NASDAQ:ON) but lowered the price target on the shares to $80 from $82. The analyst noted that ON Semiconductor Corporation (NASDAQ:ON) posted better than forecasted results, but slightly mixed Q4 guidance as Consumer/Compute/Industrial weighed. He also said that gross margins and a larger 2023 capex were disappointing.

According to Insider Monkey’s data, 39 hedge funds were long ON Semiconductor Corporation (NASDAQ:ON) at the end of June 2022, compared to 48 funds in the last quarter. Jeffrey Smith’s Starboard Value LP is the largest position holder in the company, with 5.6 million shares worth $282.6 million. 

Here is what Artisan Partners specifically said about ON Semiconductor Corporation (NASDAQ:ON) in its Q2 2022 investor letter:

“ON Semiconductor Corporation (NASDAQ:ON) is a global market leader in power management and image sensors. The company reported 49% gross margins in 1Q22 which met the new management team’s 48%-50% long-term target after revising it higher just one quarter ago. We believe ON has a clear path to >50% gross margins, and its financial results reflect the ongoing structural improvements in both manufacturing and products, cost initiatives, product mix and rising prices. Growing demand for chips in electric vehicles, renewable energy infrastructure, advanced driver assistance (multiple cameras), factory automation and machine vision should drive sustainable high single-digit top-line growth. With shares trading at an attractive discount to our PMV estimate, we continued to move this holding up the Crop of the portfolio.”

7. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Number of Hedge Fund Holders: 40

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is an Israel-based company that designs, develops, and commercializes direct current optimized inverter systems for solar photovoltaic installations worldwide. The company operates through five segments – Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. In Q2 2022, the Goldman Sachs stock portfolio featured 16.5 million shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG), worth approximately $2 billion and representing 0.44% of the total holdings. 

On October 25, B. Riley analyst Christopher Souther maintained a Buy recommendation on SolarEdge Technologies, Inc. (NASDAQ:SEDG) but trimmed the price target on the shares to $377 from $385. The analyst lowered gross margin estimates for Q4 and early 2023 to factor in expectations that the forex headwinds will take another two quarters or more to stabilize.

According to Insider Monkey’s Q2 data, 40 hedge funds were long SolarEdge Technologies, Inc. (NASDAQ:SEDG), compared to 47 funds in the prior quarter. Ian Simm’s Impax Asset Management is the biggest position holder in the company, with 580,909 shares worth $158.20 million. 

Here is what ClearBridge International Growth EAFE Portfolio has to say about SolarEdge Technologies, Inc. (NASDAQ:SEDG) in its Q2 2022 investor letter:

“We are well-positioned to participate in the accelerating energy transition. High and rising utility costs combined with policy support are driving increased penetration of home solar plus storage systems in Europe. Israel-based SolarEdge Technologies (NASDAQ:SEDG) expects to see significant growth in solar installations in this market led by Germany and Italy, among others, where consumers are not only demanding solar on the roof but a complete system solution including batteries. This phenomenon is accelerating revenue growth for these companies.”

6. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 46

Ford Motor Company (NYSE:F) is one of the top large-cap picks from the Goldman Sachs stock portfolio. The investment firm owned 23.7 million Ford Motor Company (NYSE:F) shares in the second quarter of 2022, worth $2.16 billion and representing 0.48% of the total 13F securities. 

On October 26, Ford Motor Company (NYSE:F) declared a quarterly dividend of $0.15 per share, in line with previous. The dividend is payable on December 1, to shareholders of the company as of November 15. The dividend yield on November 3 came in at 4.59%. The company is gradually resuming the share repurchase authorization, and the board approved up to 35 million common shares for buybacks. 

On October 27, following what he calls a “mostly in-line” quarter from Ford Motor Company (NYSE:F) and fiscal year guidance for $11.5 billion in adjusted EBIT that was about $1 billion ahead of his estimate, Morgan Stanley analyst Adam Jonas said that he views Ford Motor Company (NYSE:F)’s decision to shut down its Argo robotaxi business as “a positive that investors will appreciate over time.” He has an Overweight rating and a $14 price target on Ford Motor Company (NYSE:F) shares.

According to Insider Monkey’s data, 46 hedge funds were long Ford Motor Company (NYSE:F)  at the end of the second quarter of 2022, with combined stakes worth roughly $609 million. D E Shaw is a prominent position holder in the company, with more than 23 million shares valued at $257.6 million. 

Like Alibaba Group Holding Limited (NYSE:BABA), Block, Inc. (NYSE:SQ), and S&P Global Inc. (NYSE:SPGI), Ford Motor Company (NYSE:F) is one of the prominent large-cap plays in the Goldman Sachs stock portfolio. 

Here is what Leaven Partners has to say about Ford Motor Company (NYSE:F) in its Q3 2022 investor letter:

“In our last quarterly letter, I briefly mentioned that the consensus estimates for corporate profits appeared to be a bit too sanguine. I referenced a Reuters article that reported, as of June 17, Wall Street expected S&P 500 earnings to grow by 9.6% in 2022, which was up from 8.8% in April and from 8.4% in January. That tune began to change at the end of July and accelerated in August and September, as major players, such as Ford (NYSE:F), have recently issued profit warnings and/or have withdrawn guidance. In response, Wall Street has altered its outlook: lowering third-quarter profit growth to 4.6% from 7.2% in early August and slashing full-year profit growth to 4.5%.”

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Disclosure: None. Goldman Sachs Stock Portfolio: Top 10 Large-Cap Stock Picks is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

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