Goldman Sachs Sees Major Stake Increase from Marvin & Palmer Associates Inc.
The Goldman Sachs Group, Inc. (GS) has seen its stake increase in the company by 148.1% during the second quarter, according to a recent filing with the Securities & Exchange Commission.
Marvin & Palmer Associates Inc., a fund that owns shares of GS, acquired an additional 6,360 shares during the quarter, resulting in a total holding of 10,655 shares worth $10,776,000 as of its most recent SEC filing.
This represents approximately 6.9% of Marvin & Palmer Associates Inc.'s holdings and makes GS their fifth-largest holding.