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Goldman Sachs Sees Significant Institutional Support as Stake Rises

Guavy AI Editorial Team
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GS
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Danica Pension Livsforsikringsaktieselskab has significantly increased its stake in The Goldman Sachs Group, Inc. (NYSE: GS) by a total of 5.7% during the second quarter.

The company now owns 21,556 shares of the investment management firm's stock, valued at $21,801,000, according to its most recent 13F filing with the Securities & Exchange Commission.

This is part of a larger trend in which institutional investors have been increasing their stakes in Goldman Sachs. For example, Manning & Napier Advisors LLC lifted its stake by 287.5% during the fourth quarter and now owns 31 shares valued at $27,000.

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