Goldman Sachs Sees Big-Bank Competition Amid New Investor Interest

Oppenheimer Asset Management Inc. has made a new investment in The Goldman Sachs Group, Inc., purchasing 20,220 shares of stock valued at approximately $20.45 million.

This is not an isolated instance; several other institutional investors and hedge funds have also recently adjusted their positions in the company.

In the first quarter, Turim 21 Investimentos Ltda. bought a new position in The Goldman Sachs Group, valued at around $25,000, while Garton & Associates Financial Advisors LLC acquired a new stake in the company during the fourth quarter worth $26,000.

Manning & Napier Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 287.5% in the fourth quarter and now owns 31 shares of the investment management company's stock valued at $27,000 after purchasing an additional 23 shares in the last quarter.

According to the source, institutional investors own approximately 71.21% of the company's stock.