GGGPX
Goldman Sachs Large Cap Equity Fund
Goldman Sachs Trust
Expense ratio1
0.69%
Net assets2
$1.46B
Holdings2
140
Category
US Equity
2025 return3
16.07%

Investment objective & strategy

As of Dec. 29, 2025 · prospectus

Objective. The Goldman Sachs Large Cap Equity Fund (the Fund) seeks long-term growth of capital.

Strategy. The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in equity securities issued by large-cap companies. Large-cap companies are companies with relatively large market capitalizations. As of November 28, 2025, large-cap companies generally have public stock market capitalizations above $5 billion; however, this capitalization threshold will change over time and with market conditions. The Fund may also invest in securities below the then-existing large-cap company capitalization threshold at the time of investment. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with … The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in equity securities issued by large-cap companies. Large-cap companies are companies with relatively large market capitalizations. As of November 28, 2025, large-cap companies generally have public stock market capitalizations above $5 billion; however, this capitalization threshold will change over time and with market conditions. The Fund may also invest in securities below the then-existing large-cap company capitalization threshold at the time of investment. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (emerging countries) and securities quoted in foreign currencies. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund will invest in both value and growth companies. The Funds fundamental equity investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may integrate environmental, social and governance (ESG) factors alongside traditional fundamental factors as part of its fundamental research process. No one factor or consideration is determinative in the stock selection process. The Investment Adviser may decide to sell a position for various reasons, including when a companys fundamental outlook deteriorates because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations. The Investment Adviser measures the Funds performance against the Russell 1000 Index.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $99.51M 6.81%
APPLE INC $88.77M 6.08%
MICROSOFT CORP $71.21M 4.88%
AMAZON.COM INC $50.85M 3.48%
ALPHABET INC CL A $39.07M 2.67%
META PLATFORMS INC CL A $36.63M 2.51%
ALPHABET INC CL C $36.58M 2.50%
BROADCOM INC $35.14M 2.41%
TESLA INC $28.73M 1.97%
LILLY ELI and CO $25.46M 1.74%
View all holdings →

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
12
Exited
20
Increased
41
Decreased
87
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Goldman Sachs Enhanced U.S. Equity ETF · GUSE 81% 0.30%
T. Rowe Price U.S. Equity Research Fund · PRCOX, PACOX, RRCOX, PCCOX, PCUZX 65% 0.00%
iShares Russell Top 200 ETF · IWL 65% 0.15%
View all similar funds →

Advisers

As of August 31, 2025 · N-CEN
FirmRole
Goldman Sachs Asset Management, L.P. Adviser

Footnotes

  1. Expense ratio as of December 29, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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