Goldman Sachs Share Buy: TD Waterhouse Canada Increases Stake 12%

TD Waterhouse Canada Inc. increased its position in shares of The Goldman Sachs Group, Inc. by 12% during the second quarter.

The fund owned about 0.05% of The Goldman Sachs Group worth $149.15 million as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GS, with Audent Global Asset Management LLC lifting its holdings by 10.1% and Oak Grove Capital LLC acquiring a new stake worth about $1.89 million.

Goldman Sachs shares benefited from the higher-rate environment, which supports trading revenue, while investors are rotating toward major banks due to expectations of rising rates and concerns about AI spending and valuations.