Stocks
Goldman Sachs Reports No Holdings in QVC Group's Preferred Stock
Goldman Sachs has reported that it no longer holds any shares of QVC Group's 8.0% Series A Cumulative Redeemable Preferred Stock, according to a Schedule 13G filing.
The filing, made jointly by Goldman Sachs Group and its subsidiary Goldman Sachs & Co. LLC, shows that the two entities beneficially own zero shares and have no voting or dispositive power over QVC's preferred stock.
The report clarifies that Goldman Sachs' reporting units may disclaim beneficial ownership for certain client accounts and investment entities where interests are held by others.