Form NPORT-P GOLDMAN SACHS TRUST For: Sep 30

November 24, 2020 5:10 PM

  
    NPORT-P
    false
    
      
      
        
          0000822977
          XXXXXXXX
        
      
      
      
      
        S000009324
        C000025507
        C000201766
        C000025508
        C000091963
        C000025509
        C000200306
      
      
      
    
  
  
    
      Goldman Sachs Trust
      811-05349
      0000822977
      S2FHCT8U6D2VORP0J605
      71 South Wacker Drive
      Chicago
      
      60606
      312-655-4400
      Goldman Sachs U.S. Equity Dividend and Premium Fund
      S000009324
      48HCXPWZHCWNN0K49O22
      2020-12-31
      2020-09-30
      N
    
    
      2604978455.30
      36474775.26
      2568503680.04
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      2815542.11000000
      
        
        
        
      
      N
      
        
          
          
          
          
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Encompass Health Corp.
        549300FVRPM9DRQZRG64
        Encompass Health Corp.
        29261A100
        
          
        
        33298.00000000
        NS
        USD
        2163704.04000000
        0.084239865288
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ashland Global Holdings, Inc.
        529900E4L9R04SB8HB11
        Ashland Global Holdings, Inc.
        044186104
        
          
        
        7400.00000000
        NS
        USD
        524808.00000000
        0.020432441038
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Paylocity Holding Corp.
        549300VH75FTB4DIEE07
        Paylocity Holding Corp.
        70438V106
        
          
        
        3000.00000000
        NS
        USD
        484260.00000000
        0.018853778710
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KKR & Co., Inc.
        549300JOHU21WRN2Z451
        KKR & Co., Inc.
        48251W104
        
          
        
        3373.00000000
        NS
        USD
        115828.82000000
        0.004509583571
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ally Financial, Inc.
        549300JBN1OSM8YNAI90
        Ally Financial, Inc.
        02005N100
        
          
        
        9698.00000000
        NS
        USD
        243128.86000000
        0.009465778145
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Homes 4 Rent
        549300ZJUO7A58PNUW40
        American Homes 4 Rent, Class A
        02665T306
        
          
        
        58391.00000000
        NS
        USD
        1662975.68000000
        0.064744921057
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cousins Properties, Inc.
        5493007XPYD5EJABN062
        Cousins Properties, Inc.
        222795502
        
          
        
        3658.00000000
        NS
        USD
        104582.22000000
        0.004071717740
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exxon Mobil Corp.
        J3WHBG0MTS7O8ZVMDC91
        Exxon Mobil Corp.
        30231G102
        
          
        
        412319.00000000
        NS
        USD
        14154911.27000000
        0.551095619601
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Camden Property Trust
        5493002MYX22OHYJBD89
        Camden Property Trust
        133131102
        
          
        
        16087.00000000
        NS
        USD
        1431421.26000000
        0.055729772595
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Owens Corning
        JO5M6676RDJIZ2U8X907
        Owens Corning
        690742101
        
          
        
        18234.00000000
        NS
        USD
        1254681.54000000
        0.048848734372
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Charles River Laboratories International, Inc.
        549300BSQ0R4UZ5KX287
        Charles River Laboratories International, Inc.
        159864107
        
          
        
        6275.00000000
        NS
        USD
        1420973.75000000
        0.055323017873
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Southern Copper Corp.
        2549007U6NAP46Q9TU15
        Southern Copper Corp.
        84265V105
        
          
        
        134200.00000000
        NS
        USD
        6075234.00000000
        0.236528140769
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Amdocs Ltd.
        N/A
        Amdocs Ltd.
        N/A
        
          
        
        22400.00000000
        NS
        USD
        1285984.00000000
        0.050067438485
        Long
        EC
        CORP
        GG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Pinterest, Inc.
        N/A
        Pinterest, Inc., Class A
        72352L106
        
          
        
        10100.00000000
        NS
        USD
        419251.00000000
        0.016322772019
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Datadog, Inc.
        549300F6JNO0KRPO1K63
        Datadog, Inc., Class A
        23804L103
        
          
        
        7100.00000000
        NS
        USD
        725336.00000000
        0.028239632500
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Walmart, Inc.
        Y87794H0US1R65VBXU25
        Walmart, Inc.
        931142103
        
          
        
        139941.00000000
        NS
        USD
        19579145.31000000
        0.762278265830
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hubbell, Inc.
        54930088VDQ6840Y6597
        Hubbell, Inc.
        443510607
        
          
        
        14822.00000000
        NS
        USD
        2028242.48000000
        0.078965916839
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NVIDIA Corp.
        549300S4KLFTLO7GSQ80
        NVIDIA Corp.
        67066G104
        
          
        
        57200.00000000
        NS
        USD
        30957784.00000000
        1.205284782754
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Moderna, Inc.
        549300EI6OKH5K5Q2G38
        Moderna, Inc.
        60770K107
        
          
        
        3585.00000000
        NS
        USD
        253638.75000000
        0.009874961518
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        New York Community Bancorp, Inc.
        529900HVXOTLY61GL030
        New York Community Bancorp, Inc.
        649445103
        
          
        
        703999.00000000
        NS
        USD
        5822071.73000000
        0.226671730130
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lululemon Athletica, Inc.
        549300D9GZ4BMLDW5T40
        Lululemon Athletica, Inc.
        550021109
        
          
        
        2437.00000000
        NS
        USD
        802674.69000000
        0.031250673154
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CME Group, Inc.
        LCZ7XYGSLJUHFXXNXD88
        CME Group, Inc.
        12572Q105
        
          
        
        42800.00000000
        NS
        USD
        7160868.00000000
        0.278795317898
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        N/A
        N/A
        S&P 500 E-Mini Index
        N/A
        
          
          
        
        238.00000000
        NC
        USD
        338709.70000000
        0.013187043593
        N/A
        DE
        
        US
        N
        
        1
        
          
            
              CME Clearing House
              LCZ7XYGSLJUHFXXNXD88
            
            Long
            
              
                S&P 500 E-Mini Index
                US78378X1072
              
            
            2020-12-18
            39888800.00000000
            USD
            338709.70000000
          
        
        
          N
          N
          N
        
      
      
        Jabil, Inc.
        5493000CGCQY2OQU7669
        Jabil, Inc.
        466313103
        
          
        
        1400.00000000
        NS
        USD
        47964.00000000
        0.001867390744
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        National Retail Properties, Inc.
        5493008JKH5SOTI0JS97
        National Retail Properties, Inc.
        637417106
        
          
        
        5561.00000000
        NS
        USD
        191910.11000000
        0.007471669653
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dow, Inc.
        5493003S21INSLK2IP73
        Dow, Inc.
        260557103
        
          
        
        162249.00000000
        NS
        USD
        7633815.45000000
        0.297208663134
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CNA Financial Corp.
        549300YX2GSZD7YG1R84
        CNA Financial Corp.
        126117100
        
          
        
        4100.00000000
        NS
        USD
        122959.00000000
        0.004787184108
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zscaler, Inc.
        529900MZ0RTK1BWRNF46
        Zscaler, Inc.
        98980G102
        
          
        
        4700.00000000
        NS
        USD
        661243.00000000
        0.025744288596
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equitable Holdings, Inc.
        549300FIBAKMNHPZ4009
        Equitable Holdings, Inc.
        29452E101
        
          
        
        7600.00000000
        NS
        USD
        138624.00000000
        0.005397072275
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dynatrace, Inc.
        N/A
        Dynatrace, Inc.
        268150109
        
          
        
        2900.00000000
        NS
        USD
        118958.00000000
        0.004631412480
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tesla, Inc.
        54930043XZGB27CTOV49
        Tesla, Inc.
        88160R101
        
          
        
        3260.00000000
        NS
        USD
        1398572.60000000
        0.054450870009
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AbbVie, Inc.
        FR5LCKFTG8054YNNRU85
        AbbVie, Inc.
        00287Y109
        
          
        
        305086.00000000
        NS
        USD
        26722482.74000000
        1.040391063001
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Accenture plc
        N/A
        Accenture plc, Class A
        N/A
        
          
        
        59000.00000000
        NS
        USD
        13333410.00000000
        0.519111967937
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Crowdstrike Holdings, Inc.
        549300YBY08K9KM4HX32
        Crowdstrike Holdings, Inc., Class A
        22788C105
        
          
        
        1000.00000000
        NS
        USD
        137320.00000000
        0.005346303416
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Envista Holdings Corp.
        549300BX623VURJZ5269
        Envista Holdings Corp.
        29415F104
        
          
        
        7143.00000000
        NS
        USD
        176289.24000000
        0.006863499607
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransUnion
        549300ZS772LUNUMRB03
        TransUnion
        89400J107
        
          
        
        1784.00000000
        NS
        USD
        150087.92000000
        0.005843399064
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kimberly-Clark Corp.
        MP3J6QPYPGN75NVW2S34
        Kimberly-Clark Corp.
        494368103
        
          
        
        72798.00000000
        NS
        USD
        10749352.68000000
        0.418506415370
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lennar Corp.
        529900G61XVRLX5TJX09
        Lennar Corp., Class B
        526057302
        
          
        
        427.00000000
        NS
        USD
        28036.82000000
        0.001091562383
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ONEOK, Inc.
        2T3D6M0JSY48PSZI1Q41
        ONEOK, Inc.
        682680103
        
          
        
        178400.00000000
        NS
        USD
        4634832.00000000
        0.180448719463
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Analog Devices, Inc.
        GYVOE5EZ4GDAVTU4CQ61
        Analog Devices, Inc.
        032654105
        
          
        
        51900.00000000
        NS
        USD
        6058806.00000000
        0.235888546591
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase & Co.
        8I5DZWZKVSZI1NUHU748
        JPMorgan Chase & Co.
        46625H100
        
          
        
        389629.00000000
        NS
        USD
        37509583.83000000
        1.460367143776
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sirius XM Holdings, Inc.
        54930055RWDMVXAGZK98
        Sirius XM Holdings, Inc.
        82968B103
        
          
        
        64642.00000000
        NS
        USD
        346481.12000000
        0.013489609638
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DexCom, Inc.
        549300YSK3QDSFR5EU59
        DexCom, Inc.
        252131107
        
          
        
        11001.00000000
        NS
        USD
        4534942.23000000
        0.176559693694
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equinix, Inc.
        549300EVUN2BTLJ3GT74
        Equinix, Inc.
        29444U700
        
          
        
        9000.00000000
        NS
        USD
        6841170.00000000
        0.266348460123
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tempur Sealy International, Inc.
        549300HFEKVR3US71V91
        Tempur Sealy International, Inc.
        88023U101
        
          
        
        5769.00000000
        NS
        USD
        514537.11000000
        0.020032562693
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        STORE Capital Corp.
        5493004EA6C9IHDZ7N66
        STORE Capital Corp.
        862121100
        
          
        
        12591.00000000
        NS
        USD
        345371.13000000
        0.013446394205
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apollo Global Management, Inc.
        54930054P2G7ZJB0KM79
        Apollo Global Management, Inc.
        03768E105
        
          
        
        30800.00000000
        NS
        USD
        1378300.00000000
        0.053661593351
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CoreLogic, Inc.
        54930086CD8K2UIL0516
        CoreLogic, Inc.
        21871D103
        
          
        
        9400.00000000
        NS
        USD
        636098.00000000
        0.024765313943
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Watsco, Inc.
        549300F1Y3LN5BX5WN75
        Watsco, Inc.
        942622200
        
          
        
        25799.00000000
        NS
        USD
        6008329.11000000
        0.233923321063
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Merck & Co., Inc.
        4YV9Y5M8S0BRK1RP0397
        Merck & Co., Inc.
        58933Y105
        
          
        
        302253.00000000
        NS
        USD
        25071886.35000000
        0.976128106992
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bio-Techne Corp.
        54930073RLKQ51TILZ35
        Bio-Techne Corp.
        09073M104
        
          
        
        1832.00000000
        NS
        USD
        453841.36000000
        0.017669484514
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mastercard, Inc.
        AR5L2ODV9HN37376R084
        Mastercard, Inc., Class A
        57636Q104
        
          
        
        70700.00000000
        NS
        USD
        23908619.00000000
        0.930838417160
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bruker Corp.
        LEBZ6VLQ6I8XB1NHVY15
        Bruker Corp.
        116794108
        
          
        
        7653.00000000
        NS
        USD
        304206.75000000
        0.011843734247
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Advanced Micro Devices, Inc.
        R2I72C950HOYXII45366
        Advanced Micro Devices, Inc.
        007903107
        
          
        
        115317.00000000
        NS
        USD
        9454840.83000000
        0.368106960619
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carlisle Cos., Inc.
        XR64VGX1ZPX6G7ZN7Z11
        Carlisle Cos., Inc.
        142339100
        
          
        
        1300.00000000
        NS
        USD
        159081.00000000
        0.006193528210
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Brandywine Realty Trust
        5UZ46ZCYUFYYAC0DS831
        Brandywine Realty Trust
        105368203
        
          
        
        1797.00000000
        NS
        USD
        18580.98000000
        0.000723416522
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thermo Fisher Scientific, Inc.
        HCHV7422L5HDJZCRFL38
        Thermo Fisher Scientific, Inc.
        883556102
        
          
        
        43196.00000000
        NS
        USD
        19071897.92000000
        0.742529515071
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Old Republic International Corp.
        N/A
        Old Republic International Corp.
        680223104
        
          
        
        427306.00000000
        NS
        USD
        6298490.44000000
        0.245220222534
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Choice Hotels International, Inc.
        5493003CYRY5RFGTIR97
        Choice Hotels International, Inc.
        169905106
        
          
        
        8027.00000000
        NS
        USD
        690000.92000000
        0.026863925691
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lowe's Cos., Inc.
        WAFCR4OKGSC504WU3E95
        Lowe's Cos., Inc.
        548661107
        
          
        
        113699.00000000
        NS
        USD
        18858116.14000000
        0.734206311890
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lamar Advertising Co.
        529900Y8WW4MKVPTB543
        Lamar Advertising Co., Class A
        512816109
        
          
        
        2156.00000000
        NS
        USD
        142662.52000000
        0.005554304675
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CoStar Group, Inc.
        N/A
        CoStar Group, Inc.
        22160N109
        
          
        
        16.00000000
        NS
        USD
        13576.16000000
        0.000528562995
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        N/A
        N/A
        S&P 500 Index
        N/A
        
          
          
        
        -727.00000000
        NC
        USD
        -9003895.00000000
        -0.35055020827
        N/A
        DE
        
        US
        N
        
        1
        
          
            
              Options Clearing
              549300CII6SLYGKNHA04
            
            Call
            Written
            
              
                S&P 500 Index
                US78378X1072
              
            
            100.00000000
            3290.00000000
            USD
            2020-10-30
            XXXX
            409301.00000000
          
        
        
          N
          N
          N
        
      
      
        Costco Wholesale Corp.
        29DX7H14B9S6O3FD6V18
        Costco Wholesale Corp.
        22160K105
        
          
        
        26354.00000000
        NS
        USD
        9355670.00000000
        0.364245925466
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Flowers Foods, Inc.
        7YNCQQNDK8FBM9BBTK25
        Flowers Foods, Inc.
        343498101
        
          
        
        93600.00000000
        NS
        USD
        2277288.00000000
        0.088662049336
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invesco Ltd.
        ECPGFXU8A2SHKVVGJI15
        Invesco Ltd.
        N/A
        
          
        
        1110204.00000000
        NS
        USD
        12667427.64000000
        0.493183161014
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Goldman Sachs Financial Square Funds - Government Fund
        549300BRJMXN4GUWZ402
        Goldman Sachs Financial Square Government Fund - Institutional Shares
        38141W273
        
          
        
        37941242.00000000
        NS
        USD
        37941242.00000000
        1.477172966301
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Reliance Steel & Aluminum Co.
        549300E287ZOFT3C5Z56
        Reliance Steel & Aluminum Co.
        759509102
        
          
        
        3799.00000000
        NS
        USD
        387649.96000000
        0.015092443238
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Linde plc
        8945002PAZHZLBGKGF02
        Linde plc
        N/A
        
          
        
        72419.00000000
        NS
        USD
        17245136.47000000
        0.671407894176
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Omnicom Group, Inc.
        HKUPACFHSSASQK8HLS17
        Omnicom Group, Inc.
        681919106
        
          
        
        145300.00000000
        NS
        USD
        7192350.00000000
        0.280021012073
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TripAdvisor, Inc.
        549300XVG45PT5BART17
        TripAdvisor, Inc.
        896945201
        
          
        
        39800.00000000
        NS
        USD
        779682.00000000
        0.030355494759
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cardinal Health, Inc.
        CCU46N3GJMF4OK4N7U60
        Cardinal Health, Inc.
        14149Y108
        
          
        
        97900.00000000
        NS
        USD
        4596405.00000000
        0.178952634396
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Booz Allen Hamilton Holding Corp.
        529900JPV47PIUWMA015
        Booz Allen Hamilton Holding Corp.
        099502106
        
          
        
        12836.00000000
        NS
        USD
        1065131.28000000
        0.041468941169
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PPL Corp.
        9N3UAJSNOUXFKQLF3V18
        PPL Corp.
        69351T106
        
          
        
        609201.00000000
        NS
        USD
        16576359.21000000
        0.645370272926
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Highwoods Properties, Inc.
        ZIIGTYKL9T0X3HLTDX53
        Highwoods Properties, Inc.
        431284108
        
          
        
        602.00000000
        NS
        USD
        20209.14000000
        0.000786805958
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amgen, Inc.
        62QBXGPJ34PQ72Z12S66
        Amgen, Inc.
        031162100
        
          
        
        69902.00000000
        NS
        USD
        17766292.32000000
        0.691698145424
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Woodward, Inc.
        YPYKXXTR8TFDH54ZMB45
        Woodward, Inc.
        980745103
        
          
        
        554.00000000
        NS
        USD
        44408.64000000
        0.001728969296
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avnet, Inc.
        XJI53DCPL7QABOWK4Z75
        Avnet, Inc.
        053807103
        
          
        
        500.00000000
        NS
        USD
        12920.00000000
        0.000503016604
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Switch, Inc.
        549300EZ98N5Y55J4X37
        Switch, Inc., Class A
        87105L104
        
          
        
        14587.00000000
        NS
        USD
        227703.07000000
        0.008865203183
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Caterpillar, Inc.
        WRJR7GS4GTRECRRTVX92
        Caterpillar, Inc.
        149123101
        
          
        
        104187.00000000
        NS
        USD
        15539491.05000000
        0.605001704718
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Toll Brothers, Inc.
        529900JB6IS9MSZGVR44
        Toll Brothers, Inc.
        889478103
        
          
        
        57820.00000000
        NS
        USD
        2813521.20000000
        0.109539309671
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Credicorp Ltd.
        529900UYAEYQCQ2BKB17
        Credicorp Ltd.
        N/A
        
          
        
        34900.00000000
        NS
        USD
        4327251.00000000
        0.168473614954
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Texas Instruments, Inc.
        WDJNR2L6D8RWOEB8T652
        Texas Instruments, Inc.
        882508104
        
          
        
        149450.00000000
        NS
        USD
        21339965.50000000
        0.830832584194
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Iovance Biotherapeutics, Inc.
        549300220Z2GHH33XL82
        Iovance Biotherapeutics, Inc.
        462260100
        
          
        
        5100.00000000
        NS
        USD
        167892.00000000
        0.006536568403
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Webster Financial Corp.
        KMRURHT0VWKYS6Z5KU67
        Webster Financial Corp.
        947890109
        
          
        
        400.00000000
        NS
        USD
        10564.00000000
        0.000411290047
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bright Horizons Family Solutions, Inc.
        N/A
        Bright Horizons Family Solutions, Inc.
        109194100
        
          
        
        5500.00000000
        NS
        USD
        836220.00000000
        0.032556698536
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BlackRock, Inc.
        549300LRIF3NWCU26A80
        BlackRock, Inc.
        09247X101
        
          
        
        18200.00000000
        NS
        USD
        10256610.00000000
        0.399322379006
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MSC Industrial Direct Co., Inc.
        0XVKH0LN6YGOWO2EGO17
        MSC Industrial Direct Co., Inc., Class A
        553530106
        
          
        
        60400.00000000
        NS
        USD
        3822112.00000000
        0.148806950509
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Virgin Galactic Holdings, Inc.
        N/A
        Virgin Galactic Holdings, Inc.
        92766K106
        
          
        
        4800.00000000
        NS
        USD
        92304.00000000
        0.003593687667
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Starbucks Corp.
        OQSJ1DU9TAOC51A47K68
        Starbucks Corp.
        855244109
        
          
        
        76800.00000000
        NS
        USD
        6598656.00000000
        0.256906620429
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Marvell Technology Group Ltd.
        8DF36O58U3QIHUCGZB18
        Marvell Technology Group Ltd.
        N/A
        
          
        
        62300.00000000
        NS
        USD
        2473310.00000000
        0.096293807917
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Everbridge, Inc.
        549300WCY0UMR64ATW81
        Everbridge, Inc.
        29978A104
        
          
        
        100.00000000
        NS
        USD
        12573.00000000
        0.000489506793
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        OGE Energy Corp.
        CE5OG6JPOZMDSA0LAQ19
        OGE Energy Corp.
        670837103
        
          
        
        1400.00000000
        NS
        USD
        41986.00000000
        0.001634648232
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cummins, Inc.
        ZUNI8PYC725B6H8JU438
        Cummins, Inc.
        231021106
        
          
        
        39662.00000000
        NS
        USD
        8375027.92000000
        0.326066416999
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Eaton Corp. plc
        549300VDIGTMXUNT7H71
        Eaton Corp. plc
        N/A
        
          
        
        147062.00000000
        NS
        USD
        15004735.86000000
        0.584181988003
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        SBA Communications Corp.
        5299001HX8ZN8Y8QIT49
        SBA Communications Corp.
        78410G104
        
          
        
        24200.00000000
        NS
        USD
        7707216.00000000
        0.300066379499
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Douglas Emmett, Inc.
        N/A
        Douglas Emmett, Inc.
        25960P109
        
          
        
        78.00000000
        NS
        USD
        1957.80000000
        0.000076223367
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MercadoLibre, Inc.
        549300DKPDN9M5S8GB14
        MercadoLibre, Inc.
        58733R102
        
          
        
        518.00000000
        NS
        USD
        560724.64000000
        0.021830789823
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Apple, Inc.
        HWUPKR0MPOU8FGXBT394
        Apple, Inc.
        037833100
        
          
        
        1498556.00000000
        NS
        USD
        173547770.36000000
        6.756765493802
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ManpowerGroup, Inc.
        ERO1WSFOSR0JJ6CRQ987
        ManpowerGroup, Inc.
        56418H100
        
          
        
        10900.00000000
        NS
        USD
        799297.00000000
        0.031119168962
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NIKE, Inc.
        787RXPR0UX0O0XUXPZ81
        NIKE, Inc., Class B
        654106103
        
          
        
        123100.00000000
        NS
        USD
        15453974.00000000
        0.601672254554
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Verizon Communications, Inc.
        2S72QS2UO2OESLG6Y829
        Verizon Communications, Inc.
        92343V104
        
          
        
        509002.00000000
        NS
        USD
        30280528.98000000
        1.178917095401
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nutanix, Inc.
        549300X7J6E8TKVIXW09
        Nutanix, Inc., Class A
        67059N108
        
          
        
        6400.00000000
        NS
        USD
        141952.00000000
        0.005526641877
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Express Co.
        R4PP93JZOLY261QX3811
        American Express Co.
        025816109
        
          
        
        97060.00000000
        NS
        USD
        9730265.00000000
        0.378830097679
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Paychex, Inc.
        529900K900DW6SUBM174
        Paychex, Inc.
        704326107
        
          
        
        208200.00000000
        NS
        USD
        16608114.00000000
        0.646606587682
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Berkshire Hathaway, Inc.
        5493000C01ZX7D35SD85
        Berkshire Hathaway, Inc., Class B
        084670702
        
          
        
        86326.00000000
        NS
        USD
        18382258.44000000
        0.715679661386
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aramark
        549300MR6PG2DWZUIL39
        Aramark
        03852U106
        
          
        
        11871.00000000
        NS
        USD
        313987.95000000
        0.012224547406
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Duke Energy Corp.
        I1BZKREC126H0VB1BL91
        Duke Energy Corp.
        26441C204
        
          
        
        265600.00000000
        NS
        USD
        23521536.00000000
        0.915768047473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Six Flags Entertainment Corp.
        549300JYTDUAA4JQ3717
        Six Flags Entertainment Corp.
        83001A102
        
          
        
        81600.00000000
        NS
        USD
        1656480.00000000
        0.064492023619
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cullen/Frost Bankers, Inc.
        529900V2E9G9AY665O34
        Cullen/Frost Bankers, Inc.
        229899109
        
          
        
        1400.00000000
        NS
        USD
        89530.00000000
        0.003485687044
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Johnson & Johnson
        549300G0CFPGEF6X2043
        Johnson & Johnson
        478160104
        
          
        
        275234.00000000
        NS
        USD
        40976837.92000000
        1.595358349627
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Inphi Corp.
        549300DCMERAAZFGT726
        Inphi Corp.
        45772F107
        
          
        
        100.00000000
        NS
        USD
        11225.00000000
        0.000437024875
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hudson Pacific Properties, Inc.
        N/A
        Hudson Pacific Properties, Inc.
        444097109
        
          
        
        6897.00000000
        NS
        USD
        151251.21000000
        0.005888689635
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        OneMain Holdings, Inc.
        549300E3VEW8SMS5XW09
        OneMain Holdings, Inc.
        68268W103
        
          
        
        2083.00000000
        NS
        USD
        65093.75000000
        0.002534306277
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Healthcare Trust of America, Inc.
        549300L0I14L7I0VLX84
        Healthcare Trust of America, Inc., Class A
        42225P501
        
          
        
        7526.00000000
        NS
        USD
        195676.00000000
        0.007618287702
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Repligen Corp.
        54930006QJ0T5AUO1E71
        Repligen Corp.
        759916109
        
          
        
        900.00000000
        NS
        USD
        132786.00000000
        0.005169780406
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UnitedHealth Group, Inc.
        549300GHBMY8T5GXDE41
        UnitedHealth Group, Inc.
        91324P102
        
          
        
        120077.00000000
        NS
        USD
        37436406.29000000
        1.457518109898
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Guardant Health, Inc.
        N/A
        Guardant Health, Inc.
        40131M109
        
          
        
        100.00000000
        NS
        USD
        11178.00000000
        0.000435195015
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ServiceNow, Inc.
        549300HJTQM36M0E1G39
        ServiceNow, Inc.
        81762P102
        
          
        
        22462.00000000
        NS
        USD
        10894070.00000000
        0.424140719931
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wyndham Hotels & Resorts, Inc.
        549300FE3MQ4RVXXC673
        Wyndham Hotels & Resorts, Inc.
        98311A105
        
          
        
        14043.00000000
        NS
        USD
        709171.50000000
        0.027610297213
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Garmin Ltd.
        2549001E0HIPIJQ0W046
        Garmin Ltd.
        N/A
        
          
        
        33700.00000000
        NS
        USD
        3196782.00000000
        0.124460868981
        Long
        EC
        CORP
        CH
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Seattle Genetics, Inc.
        N/A
        Seattle Genetics, Inc.
        812578102
        
          
        
        2687.00000000
        NS
        USD
        525819.03000000
        0.020471803645
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Grubhub, Inc.
        529900CR2K1AJ5W4RR39
        Grubhub, Inc.
        400110102
        
          
        
        6781.00000000
        NS
        USD
        490469.73000000
        0.019095543207
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zendesk, Inc.
        549300SLI6BN94BKKO36
        Zendesk, Inc.
        98936J101
        
          
        
        11600.00000000
        NS
        USD
        1193872.00000000
        0.046481225986
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HubSpot, Inc.
        529900BLNVEW0MVKJB37
        HubSpot, Inc.
        443573100
        
          
        
        9700.00000000
        NS
        USD
        2834631.00000000
        0.110361181182
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        QUALCOMM, Inc.
        H1J8DDZKZP6H7RWC0H53
        QUALCOMM, Inc.
        747525103
        
          
        
        111197.00000000
        NS
        USD
        13085662.96000000
        0.509466389388
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ViacomCBS, Inc.
        5KYC8KF17ROCY24M3H09
        ViacomCBS, Inc., Class A
        92556H107
        
          
        
        700.00000000
        NS
        USD
        21203.00000000
        0.000825500082
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zoom Video Communications, Inc.
        549300T9GCHU0ODOM055
        Zoom Video Communications, Inc., Class A
        98980L101
        
          
        
        500.00000000
        NS
        USD
        235055.00000000
        0.009151437151
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Corporate Office Properties Trust
        YY1J47X6LF9TYY8JY420
        Corporate Office Properties Trust
        22002T108
        
          
        
        2076.00000000
        NS
        USD
        49242.72000000
        0.001917175372
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Etsy, Inc.
        54930089Q7XT501AEA40
        Etsy, Inc.
        29786A106
        
          
        
        19200.00000000
        NS
        USD
        2335296.00000000
        0.090920484877
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        N/A
        N/A
        S&P 500 Index
        N/A
        
          
          
        
        -690.00000000
        NC
        USD
        -15818250.00000000
        -0.61585467534
        N/A
        DE
        
        US
        N
        
        1
        
          
            
              Options Clearing
              549300CII6SLYGKNHA04
            
            Call
            Written
            
              
                S&P 500 Index
                US78378X1072
              
            
            100.00000000
            3135.00000000
            USD
            2020-09-30
            XXXX
            -6920631.00000000
          
        
        
          N
          N
          N
        
      
      
        International Paper Co.
        824LMFJDH41EY779Q875
        International Paper Co.
        460146103
        
          
        
        448899.00000000
        NS
        USD
        18198365.46000000
        0.708520124048
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Southern Co. (The)
        549300FC3G3YU2FBZD92
        Southern Co. (The)
        842587107
        
          
        
        316501.00000000
        NS
        USD
        17160684.22000000
        0.668119900055
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Square, Inc.
        549300OHIIUWSTIZME52
        Square, Inc., Class A
        852234103
        
          
        
        7510.00000000
        NS
        USD
        1220750.50000000
        0.047527691296
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stryker Corp.
        5493002F0SC4JTBU5137
        Stryker Corp.
        863667101
        
          
        
        68640.00000000
        NS
        USD
        14302516.80000000
        0.556842371344
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        nVent Electric plc
        N/A
        nVent Electric plc
        N/A
        
          
        
        2143.00000000
        NS
        USD
        37909.67000000
        0.001475943768
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Enphase Energy, Inc.
        5493008U7KIGMI59Z314
        Enphase Energy, Inc.
        29355A107
        
          
        
        5800.00000000
        NS
        USD
        479022.00000000
        0.018649846746
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CVS Health Corp.
        549300EJG376EN5NQE29
        CVS Health Corp.
        126650100
        
          
        
        260578.00000000
        NS
        USD
        15217755.20000000
        0.592475506975
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avalara, Inc.
        N/A
        Avalara, Inc.
        05338G106
        
          
        
        600.00000000
        NS
        USD
        76404.00000000
        0.002974650205
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sage Therapeutics, Inc.
        5493000JX4BJS9W6CN35
        Sage Therapeutics, Inc.
        78667J108
        
          
        
        1420.00000000
        NS
        USD
        86790.40000000
        0.003379025721
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TD Ameritrade Holding Corp.
        ZI85ER3E6RXD4HPHW309
        TD Ameritrade Holding Corp.
        87236Y108
        
          
        
        21618.00000000
        NS
        USD
        846344.70000000
        0.032950885240
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Leggett & Platt, Inc.
        DKOVQUCDW4ZLYCUD4T55
        Leggett & Platt, Inc.
        524660107
        
          
        
        66027.00000000
        NS
        USD
        2718331.59000000
        0.105833276048
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Timken Co. (The)
        B0I35MLPFXZSE70ASS73
        Timken Co. (The)
        887389104
        
          
        
        12552.00000000
        NS
        USD
        680569.44000000
        0.026496728242
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Adobe, Inc.
        FU4LY2G4933NH2E1CP29
        Adobe, Inc.
        00724F101
        
          
        
        37091.00000000
        NS
        USD
        18190539.13000000
        0.708215420182
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invitation Homes, Inc.
        N/A
        Invitation Homes, Inc.
        46187W107
        
          
        
        87000.00000000
        NS
        USD
        2435130.00000000
        0.094807339344
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Facebook, Inc.
        BQ4BKCS1HXDV9HN80Z93
        Facebook, Inc., Class A
        30303M102
        
          
        
        226694.00000000
        NS
        USD
        59371158.60000000
        2.311507632298
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Honeywell International, Inc.
        ISRPG12PN4EIEOEMW547
        Honeywell International, Inc.
        438516106
        
          
        
        103224.00000000
        NS
        USD
        16991702.64000000
        0.661540910844
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kinder Morgan, Inc.
        549300WR7IX8XE0TBO16
        Kinder Morgan, Inc.
        49456B101
        
          
        
        445300.00000000
        NS
        USD
        5490549.00000000
        0.213764498087
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RingCentral, Inc.
        549300C8EH0H1614VE84
        RingCentral, Inc., Class A
        76680R206
        
          
        
        1400.00000000
        NS
        USD
        384454.00000000
        0.014968014373
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        W R Grace & Co.
        5493003X5Z6TVAXIPW56
        W R Grace & Co.
        38388F108
        
          
        
        2300.00000000
        NS
        USD
        92667.00000000
        0.003607820409
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Industrial Realty Trust, Inc.
        N/A
        First Industrial Realty Trust, Inc.
        32054K103
        
          
        
        5800.00000000
        NS
        USD
        230840.00000000
        0.008987333823
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kontoor Brands, Inc.
        549300M0CPXV65RFF271
        Kontoor Brands, Inc.
        50050N103
        
          
        
        3.00000000
        NS
        USD
        72.60000000
        0.000002826548
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MSA Safety, Inc.
        529900DVA3258XK11O39
        MSA Safety, Inc.
        553498106
        
          
        
        1100.00000000
        NS
        USD
        147587.00000000
        0.005746030311
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        World Wrestling Entertainment, Inc.
        549300WZVLSCS3L4L698
        World Wrestling Entertainment, Inc., Class A
        98156Q108
        
          
        
        2346.00000000
        NS
        USD
        94942.62000000
        0.003696417518
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teladoc Health, Inc.
        549300I2PVFBC9MFAC61
        Teladoc Health, Inc.
        87918A105
        
          
        
        1500.00000000
        NS
        USD
        328860.00000000
        0.012803563512
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Automatic Data Processing, Inc.
        HGBOLILQXWER4SAL2I23
        Automatic Data Processing, Inc.
        053015103
        
          
        
        53408.00000000
        NS
        USD
        7449881.92000000
        0.290047547056
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        International Flavors & Fragrances, Inc.
        BZLRL03D3GPGMOGFO832
        International Flavors & Fragrances, Inc.
        459506101
        
          
        
        50400.00000000
        NS
        USD
        6171480.00000000
        0.240275303008
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          
        
      
      
        Prologis, Inc.
        529900DFH19P073LZ636
        Prologis, Inc.
        74340W103
        
          
        
        102727.00000000
        NS
        USD
        10336390.74000000
        0.402428496416
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Umpqua Holdings Corp.
        5299002ENJ7CY215BW86
        Umpqua Holdings Corp.
        904214103
        
          
        
        375700.00000000
        NS
        USD
        3989934.00000000
        0.155340793591
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Syneos Health, Inc.
        549300F1ZGKDS8P6GU13
        Syneos Health, Inc.
        87166B102
        
          
        
        7000.00000000
        NS
        USD
        372120.00000000
        0.014487812608
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        International Business Machines Corp.
        VGRQXHF3J8VDLUA7XE92
        International Business Machines Corp.
        459200101
        
          
        
        239801.00000000
        NS
        USD
        29176587.67000000
        1.135937156591
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        QIAGEN NV
        54930036WK3GMCN17Z57
        QIAGEN NV
        N/A
        
          
        
        5631.00000000
        NS
        USD
        294276.06000000
        0.011457100968
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Brixmor Property Group, Inc.
        5299007UXW6Y0W2EGZ95
        Brixmor Property Group, Inc.
        11120U105
        
          
        
        3320.00000000
        NS
        USD
        38810.80000000
        0.001511027618
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Global Blood Therapeutics, Inc.
        549300U4G0QKK99GRT15
        Global Blood Therapeutics, Inc.
        37890U108
        
          
        
        1100.00000000
        NS
        USD
        60654.00000000
        0.002361452719
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Twilio, Inc.
        5493004W8TRGD63APX93
        Twilio, Inc., Class A
        90138F102
        
          
        
        6200.00000000
        NS
        USD
        1531958.00000000
        0.059643986960
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ryder System, Inc.
        ZXJ6Y2OSPZXIVGRILD15
        Ryder System, Inc.
        783549108
        
          
        
        33000.00000000
        NS
        USD
        1393920.00000000
        0.054269729525
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teradyne, Inc.
        C3X4YJ278QNZHRJULN75
        Teradyne, Inc.
        880770102
        
          
        
        1644.00000000
        NS
        USD
        130632.24000000
        0.005085927694
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Foot Locker, Inc.
        549300X383CBNP6MTV94
        Foot Locker, Inc.
        344849104
        
          
        
        14900.00000000
        NS
        USD
        492147.00000000
        0.019160844651
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spirit Realty Capital, Inc.
        549300LTU6LVPZSHMJ25
        Spirit Realty Capital, Inc.
        84860W300
        
          
        
        1781.00000000
        NS
        USD
        60108.75000000
        0.002340224406
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Crown Castle International Corp.
        54930012H97VSM0I2R19
        Crown Castle International Corp.
        22822V101
        
          
        
        45100.00000000
        NS
        USD
        7509150.00000000
        0.292355041511
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bristol-Myers Squibb Co.
        HLYYNH7UQUORYSJQCN42
        Bristol-Myers Squibb Co.
        110122108
        
          
        
        335001.00000000
        NS
        USD
        20197210.29000000
        0.786341497072
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Williams-Sonoma, Inc.
        549300IARG6YWVTZ1I92
        Williams-Sonoma, Inc.
        969904101
        
          
        
        16500.00000000
        NS
        USD
        1492260.00000000
        0.058098417829
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pfizer, Inc.
        765LHXWGK1KXCLTFYQ30
        Pfizer, Inc.
        717081103
        
          
        
        710699.00000000
        NS
        USD
        26082653.30000000
        1.015480472256
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Visa, Inc.
        549300JZ4OKEHW3DPJ59
        Visa, Inc., Class A
        92826C839
        
          
        
        138455.00000000
        NS
        USD
        27686846.35000000
        1.077936798968
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Corning, Inc.
        549300X2937PB0CJ7I56
        Corning, Inc.
        219350105
        
          
        
        244181.00000000
        NS
        USD
        7913906.21000000
        0.308113485353
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wyndham Destinations, Inc.
        T4VNTWMFQ7JQB65L7T35
        Wyndham Destinations, Inc.
        98310W108
        
          
        
        127900.00000000
        NS
        USD
        3934204.00000000
        0.153171047819
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        National Instruments Corp.
        549300TP4OOPCYWDUP86
        National Instruments Corp.
        636518102
        
          
        
        67630.00000000
        NS
        USD
        2414391.00000000
        0.093999904254
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Slack Technologies, Inc.
        549300VIZRB02KN4IJ45
        Slack Technologies, Inc., Class A
        83088V102
        
          
        
        14000.00000000
        NS
        USD
        376040.00000000
        0.014640430649
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Comcast Corp.
        51M0QTTNCGUN7KFCFZ59
        Comcast Corp., Class A
        20030N101
        
          
        
        542319.00000000
        NS
        USD
        25087676.94000000
        0.976742884775
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Uber Technologies, Inc.
        549300B2FTG34FILDR98
        Uber Technologies, Inc.
        90353T100
        
          
        
        12582.00000000
        NS
        USD
        458991.36000000
        0.017869990359
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Steel Dynamics, Inc.
        549300HGGKEL4FYTTQ83
        Steel Dynamics, Inc.
        858119100
        
          
        
        2203.00000000
        NS
        USD
        63071.89000000
        0.002455588850
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Norfolk Southern Corp.
        54930036C8MWP850MI84
        Norfolk Southern Corp.
        655844108
        
          
        
        42346.00000000
        NS
        USD
        9061620.54000000
        0.352797646755
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cloudflare, Inc.
        5493007DY18BGNLDWU14
        Cloudflare, Inc., Class A
        18915M107
        
          
        
        6600.00000000
        NS
        USD
        270996.00000000
        0.010550734348
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Change Healthcare, Inc.
        549300GS1BPJEDOZHM07
        Change Healthcare, Inc.
        15912K100
        
          
        
        26368.00000000
        NS
        USD
        382599.68000000
        0.014895819810
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RPM International, Inc.
        549300TJCKW4BRXPJ474
        RPM International, Inc.
        749685103
        
          
        
        15623.00000000
        NS
        USD
        1294209.32000000
        0.050387676297
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Procter & Gamble Co. (The)
        2572IBTT8CCZW6AU4141
        Procter & Gamble Co. (The)
        742718109
        
          
        
        262098.00000000
        NS
        USD
        36429001.02000000
        1.418296625505
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Santander Consumer USA Holdings, Inc.
        5493004SHNXEHHZ58X76
        Santander Consumer USA Holdings, Inc.
        80283M101
        
          
        
        56801.00000000
        NS
        USD
        1033210.19000000
        0.040226151826
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Agios Pharmaceuticals, Inc.
        529900ONJHY8EOGYT555
        Agios Pharmaceuticals, Inc.
        00847X104
        
          
        
        7322.00000000
        NS
        USD
        256270.00000000
        0.009977404431
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MDU Resources Group, Inc.
        N/A
        MDU Resources Group, Inc.
        552690109
        
          
        
        21700.00000000
        NS
        USD
        488250.00000000
        0.019009122073
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Planet Fitness, Inc.
        549300LLE5HUPF6H8G33
        Planet Fitness, Inc., Class A
        72703H101
        
          
        
        15465.00000000
        NS
        USD
        952953.30000000
        0.037101496385
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EPR Properties
        549300YSSXFHMPOWZ492
        EPR Properties
        26884U109
        
          
        
        1403.00000000
        NS
        USD
        38582.50000000
        0.001502139175
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Splunk, Inc.
        549300XGDSGBP6UEI867
        Splunk, Inc.
        848637104
        
          
        
        11600.00000000
        NS
        USD
        2182308.00000000
        0.084964176495
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equity LifeStyle Properties, Inc.
        529900PEQG66LENB6798
        Equity LifeStyle Properties, Inc.
        29472R108
        
          
        
        55100.00000000
        NS
        USD
        3377630.00000000
        0.131501855584
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chevron Corp.
        N/A
        Chevron Corp.
        166764100
        
          
        
        237098.00000000
        NS
        USD
        17071056.00000000
        0.664630388994
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        3M Co.
        LUZQVYP4VS22CLWDAR65
        3M Co.
        88579Y101
        
          
        
        111368.00000000
        NS
        USD
        17838926.24000000
        0.694526014450
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Adaptive Biotechnologies Corp.
        549300ZTF7OT1FW66Q96
        Adaptive Biotechnologies Corp.
        00650F109
        
          
        
        5800.00000000
        NS
        USD
        282054.00000000
        0.010981257383
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ingredion, Inc.
        PKSTQ48QDN0XSVS7YK88
        Ingredion, Inc.
        457187102
        
          
        
        1200.00000000
        NS
        USD
        90816.00000000
        0.003535755105
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Medtronic plc
        549300GX3ZBSQWUXY261
        Medtronic plc
        N/A
        
          
        
        256053.00000000
        NS
        USD
        26609027.76000000
        1.035973900554
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Truist Financial Corp.
        549300DRQQI75D2JP341
        Truist Financial Corp.
        89832Q109
        
          
        
        198000.00000000
        NS
        USD
        7533900.00000000
        0.293318637561
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Smartsheet, Inc.
        549300N9WF42OK9VL589
        Smartsheet, Inc., Class A
        83200N103
        
          
        
        2000.00000000
        NS
        USD
        98840.00000000
        0.003848154891
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PepsiCo, Inc.
        FJSUNZKFNQ5YPJ5OT455
        PepsiCo, Inc.
        713448108
        
          
        
        194582.00000000
        NS
        USD
        26969065.20000000
        1.049991300755
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Five Below, Inc.
        529900AAXP5Z6BGI7418
        Five Below, Inc.
        33829M101
        
          
        
        5281.00000000
        NS
        USD
        670687.00000000
        0.026111973489
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wendy's Co. (The)
        529900M0JIUCMWVKHG76
        Wendy's Co. (The)
        95058W100
        
          
        
        18477.00000000
        NS
        USD
        411944.72000000
        0.016038315350
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tandem Diabetes Care, Inc.
        549300JEPFOD0K4D3I05
        Tandem Diabetes Care, Inc.
        875372203
        
          
        
        5000.00000000
        NS
        USD
        567500.00000000
        0.022094576091
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wayfair, Inc.
        54930027N9ZAVYFDHK53
        Wayfair, Inc., Class A
        94419L101
        
          
        
        3962.00000000
        NS
        USD
        1152981.62000000
        0.044889233718
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PNC Financial Services Group, Inc. (The)
        CFGNEKW0P8842LEUIA51
        PNC Financial Services Group, Inc. (The)
        693475105
        
          
        
        81400.00000000
        NS
        USD
        8946674.00000000
        0.348322413143
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Consolidated Edison, Inc.
        54930033SBW53OO8T749
        Consolidated Edison, Inc.
        209115104
        
          
        
        53000.00000000
        NS
        USD
        4123400.00000000
        0.160537048556
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Park Hotels & Resorts, Inc.
        5493005UZ5TQN0H6HS73
        Park Hotels & Resorts, Inc.
        700517105
        
          
        
        8383.00000000
        NS
        USD
        83746.17000000
        0.003260504185
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity National Information Services, Inc.
        6WQI0GK1PRFVBA061U48
        Fidelity National Information Services, Inc.
        31620M106
        
          
        
        80572.00000000
        NS
        USD
        11861004.12000000
        0.461786534010
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Roku, Inc.
        549300KR6ITU0YIR1T71
        Roku, Inc.
        77543R102
        
          
        
        2328.00000000
        NS
        USD
        439526.40000000
        0.017112157689
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carlyle Group, Inc. (The)
        N/A
        Carlyle Group, Inc. (The)
        14316J108
        
          
        
        25800.00000000
        NS
        USD
        636486.00000000
        0.024780420014
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Trinity Industries, Inc.
        R1JB4KXN77XFCXOQKV49
        Trinity Industries, Inc.
        896522109
        
          
        
        24056.00000000
        NS
        USD
        469092.00000000
        0.018263240331
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Illinois Tool Works, Inc.
        76NA4I14SZCFAYMNSV04
        Illinois Tool Works, Inc.
        452308109
        
          
        
        78550.00000000
        NS
        USD
        15176645.50000000
        0.590874975883
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Graphic Packaging Holding Co.
        N/A
        Graphic Packaging Holding Co.
        388689101
        
          
        
        7604.00000000
        NS
        USD
        107140.36000000
        0.004171314249
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coca-Cola Co. (The)
        UWJKFUJFZ02DKWI3RY53
        Coca-Cola Co. (The)
        191216100
        
          
        
        545000.00000000
        NS
        USD
        26906650.00000000
        1.047561278930
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Anthem, Inc.
        8MYN82XMYQH89CTMTH67
        Anthem, Inc.
        036752103
        
          
        
        36379.00000000
        NS
        USD
        9771035.61000000
        0.380417426921
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Keurig Dr Pepper, Inc.
        DYTQ8KRTKO7Y2BVU5K74
        Keurig Dr Pepper, Inc.
        49271V100
        
          
        
        15800.00000000
        NS
        USD
        436080.00000000
        0.016977978399
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lam Research Corp.
        549300I4GMO6D34U1T02
        Lam Research Corp.
        512807108
        
          
        
        24653.00000000
        NS
        USD
        8178632.75000000
        0.318420129725
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        T. Rowe Price Group, Inc.
        549300SIV6FPS9Y7IH33
        T. Rowe Price Group, Inc.
        74144T108
        
          
        
        85800.00000000
        NS
        USD
        11001276.00000000
        0.428314589754
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Match Group, Inc.
        15OMOPB0A8K0EFUVD031
        Match Group, Inc.
        57667L107
        
          
        
        1.00000000
        NS
        USD
        110.65000000
        0.000004307955
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MetLife, Inc.
        C4BXATY60WC6XEOZDX54
        MetLife, Inc.
        59156R108
        
          
        
        175001.00000000
        NS
        USD
        6504787.17000000
        0.253252008963
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gentex Corp.
        549300S3UD8XV1MN0287
        Gentex Corp.
        371901109
        
          
        
        139719.00000000
        NS
        USD
        3597764.25000000
        0.140072380583
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Omega Healthcare Investors, Inc.
        549300OJ7ENK42CZ8E73
        Omega Healthcare Investors, Inc.
        681936100
        
          
        
        10405.00000000
        NS
        USD
        311525.70000000
        0.012128684199
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Target Corp.
        8WDDFXB5T1Z6J0XC1L66
        Target Corp.
        87612E106
        
          
        
        79015.00000000
        NS
        USD
        12438541.30000000
        0.484271889375
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zillow Group, Inc.
        2549002XEELQDIR6FU05
        Zillow Group, Inc., Class A
        98954M101
        
          
        
        9275.00000000
        NS
        USD
        941783.50000000
        0.036666620621
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gilead Sciences, Inc.
        549300WTZWR07K8MNV44
        Gilead Sciences, Inc.
        375558103
        
          
        
        230194.00000000
        NS
        USD
        14545958.86000000
        0.566320343359
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Digital Realty Trust, Inc.
        549300HKCZ31D08NEI41
        Digital Realty Trust, Inc.
        253868103
        
          
        
        21700.00000000
        NS
        USD
        3184692.00000000
        0.123990166911
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thor Industries, Inc.
        254900XZO1228PDSG060
        Thor Industries, Inc.
        885160101
        
          
        
        2072.00000000
        NS
        USD
        197378.72000000
        0.007684579996
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mercury General Corp.
        5493001Q9EXPCEL4W527
        Mercury General Corp.
        589400100
        
          
        
        210199.00000000
        NS
        USD
        8695932.63000000
        0.338560255824
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alnylam Pharmaceuticals, Inc.
        529900S3ZI14OWRJII50
        Alnylam Pharmaceuticals, Inc.
        02043Q107
        
          
        
        6645.00000000
        NS
        USD
        967512.00000000
        0.037668312781
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PacWest Bancorp
        549300YI8VMFO7G36V04
        PacWest Bancorp
        695263103
        
          
        
        434000.00000000
        NS
        USD
        7412720.00000000
        0.288600715568
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Atlassian Corp. plc
        549300AGBII4MWBVJY22
        Atlassian Corp. plc, Class A
        N/A
        
          
        
        7300.00000000
        NS
        USD
        1327067.00000000
        0.051666930061
        Long
        EC
        CORP
        GB
        
        N
        
        1
        
          N
          N
          N
        
      
      
        WP Carey, Inc.
        54930042CRNE713E3Q67
        WP Carey, Inc.
        92936U109
        
          
        
        1280.00000000
        NS
        USD
        83404.80000000
        0.003247213568
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alphabet, Inc.
        5493006MHB84DD0ZWV18
        Alphabet, Inc., Class C
        02079K107
        
          
        
        18505.00000000
        NS
        USD
        27194948.00000000
        1.058785635050
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Knight-Swift Transportation Holdings, Inc.
        N/A
        Knight-Swift Transportation Holdings, Inc.
        499049104
        
          
        
        12400.00000000
        NS
        USD
        504680.00000000
        0.019648794117
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chegg, Inc.
        549300AKX7O8JG0O3G77
        Chegg, Inc.
        163092109
        
          
        
        3500.00000000
        NS
        USD
        250040.00000000
        0.009734850759
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Horizon National Corp.
        TF3RXI1ZB1TQ30H9JV10
        First Horizon National Corp.
        320517105
        
          
        
        3600.00000000
        NS
        USD
        33948.00000000
        0.001321703381
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Prudential Financial, Inc.
        5PRBRS5FEH7NREC8OR45
        Prudential Financial, Inc.
        744320102
        
          
        
        199900.00000000
        NS
        USD
        12697648.00000000
        0.494359735540
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VEREIT, Inc.
        5493002H54FNIBW75H44
        VEREIT, Inc.
        92339V100
        
          
        
        57963.00000000
        NS
        USD
        376759.50000000
        0.014668443067
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Virtu Financial, Inc.
        5493001OPW2K42CH3884
        Virtu Financial, Inc., Class A
        928254101
        
          
        
        118400.00000000
        NS
        USD
        2724384.00000000
        0.106068915578
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hill-Rom Holdings, Inc.
        JLZ01A0E2071OH26RE45
        Hill-Rom Holdings, Inc.
        431475102
        
          
        
        8883.00000000
        NS
        USD
        741819.33000000
        0.028881380850
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fidelity National Financial, Inc.
        549300CAZYIH39SYQ287
        Fidelity National Financial, Inc.
        31620R303
        
          
        
        143800.00000000
        NS
        USD
        4502378.00000000
        0.175291864870
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zillow Group, Inc.
        2549002XEELQDIR6FU05
        Zillow Group, Inc., Class C
        98954M200
        
          
        
        30202.00000000
        NS
        USD
        3068221.18000000
        0.119455588241
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Burlington Stores, Inc.
        5299003Z37DVGKKC1W09
        Burlington Stores, Inc.
        122017106
        
          
        
        4907.00000000
        NS
        USD
        1011283.63000000
        0.039372481256
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lyft, Inc.
        549300H7I5VN334XVZ52
        Lyft, Inc., Class A
        55087P104
        
          
        
        17224.00000000
        NS
        USD
        474521.20000000
        0.018474616317
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        salesforce.com, Inc.
        RCGZFPDMRW58VJ54VR07
        salesforce.com, Inc.
        79466L302
        
          
        
        85049.00000000
        NS
        USD
        21374514.68000000
        0.832177693421
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Campus Communities, Inc.
        529900MR3ZXRO3W6UX26
        American Campus Communities, Inc.
        024835100
        
          
        
        4928.00000000
        NS
        USD
        172085.76000000
        0.006699844790
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        2U, Inc.
        5493008RVTXVR43PYF84
        2U, Inc.
        90214J101
        
          
        
        2700.00000000
        NS
        USD
        91422.00000000
        0.003559348608
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Howard Hughes Corp. (The)
        549300BVHY25JZC1KI49
        Howard Hughes Corp. (The)
        44267D107
        
          
        
        864.00000000
        NS
        USD
        49766.40000000
        0.001937563897
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Workday, Inc.
        549300J0DYC0N31V7G13
        Workday, Inc., Class A
        98138H101
        
          
        
        3400.00000000
        NS
        USD
        731442.00000000
        0.028477358459
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CyrusOne, Inc.
        5493006S177ZK2ZNBU43
        CyrusOne, Inc.
        23283R100
        
          
        
        4400.00000000
        NS
        USD
        308132.00000000
        0.011996556687
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Emerson Electric Co.
        FGLT0EWZSUIRRITFOA30
        Emerson Electric Co.
        291011104
        
          
        
        176061.00000000
        NS
        USD
        11544319.77000000
        0.449457007194
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Broadcom, Inc.
        549300WV6GIDOZJTV909
        Broadcom, Inc.
        11135F101
        
          
        
        77590.00000000
        NS
        USD
        28267588.80000000
        1.100546945666
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FNB Corp.
        PCYSKIGYNYFDTBLVZU83
        FNB Corp.
        302520101
        
          
        
        15500.00000000
        NS
        USD
        105090.00000000
        0.004091487227
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Principal Financial Group, Inc.
        CUMYEZJOAF02RYZ1JJ85
        Principal Financial Group, Inc.
        74251V102
        
          
        
        142799.00000000
        NS
        USD
        5750515.73000000
        0.223885827950
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Netflix, Inc.
        549300Y7VHGU0I7CE873
        Netflix, Inc.
        64110L106
        
          
        
        43623.00000000
        NS
        USD
        21812808.69000000
        0.849241870257
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Flex Ltd.
        549300EAQH74YHD07T53
        Flex Ltd.
        N/A
        
          
        
        30759.00000000
        NS
        USD
        342655.26000000
        0.013340656766
        Long
        EC
        CORP
        SG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Bunge Ltd.
        5493007M0RIN8HY3MM77
        Bunge Ltd.
        N/A
        
          
        
        59900.00000000
        NS
        USD
        2737430.00000000
        0.106576837762
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        L3Harris Technologies, Inc.
        549300UTE50ZMDBG8A20
        L3Harris Technologies, Inc.
        502431109
        
          
        
        41101.00000000
        NS
        USD
        6980593.84000000
        0.271776672708
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Raytheon Technologies Corp.
        I07WOS4YJ0N7YRFE7309
        Raytheon Technologies Corp.
        75513E101
        
          
        
        199430.00000000
        NS
        USD
        11475202.20000000
        0.446766040834
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fastly, Inc.
        549300E2FZC83FJ3H565
        Fastly, Inc., Class A
        31188V100
        
          
        
        1700.00000000
        NS
        USD
        159256.00000000
        0.006200341515
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FireEye, Inc.
        549300E9D2UJUFLLY524
        FireEye, Inc.
        31816Q101
        
          
        
        4800.00000000
        NS
        USD
        59256.00000000
        0.002307024142
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dolby Laboratories, Inc.
        549300X04FB2QPCJ5J24
        Dolby Laboratories, Inc., Class A
        25659T107
        
          
        
        12014.00000000
        NS
        USD
        796287.92000000
        0.031002015928
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        N/A
        N/A
        S&P 500 Index
        N/A
        
          
          
        
        -711.00000000
        NC
        USD
        -3103515.00000000
        -0.12082968866
        N/A
        DE
        
        US
        N
        
        1
        
          
            
              Options Clearing
              549300CII6SLYGKNHA04
            
            Call
            Written
            
              
                S&P 500 Index
                US78378X1072
              
            
            100.00000000
            3560.00000000
            USD
            2020-11-30
            XXXX
            5638941.00000000
          
        
        
          N
          N
          N
        
      
      
        SolarEdge Technologies, Inc.
        5493000K6Y58XXPDF853
        SolarEdge Technologies, Inc.
        83417M104
        
          
        
        1400.00000000
        NS
        USD
        333690.00000000
        0.012991610741
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JetBlue Airways Corp.
        54930070J9H97ZO93T57
        JetBlue Airways Corp.
        477143101
        
          
        
        18284.00000000
        NS
        USD
        207157.72000000
        0.008065307502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TCF Financial Corp.
        549300UK6KFVK4A0D603
        TCF Financial Corp.
        872307103
        
          
        
        4400.00000000
        NS
        USD
        102784.00000000
        0.004001707328
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Johnson Controls International plc
        549300XQ6S1GYKGBL205
        Johnson Controls International plc
        N/A
        
          
        
        226938.00000000
        NS
        USD
        9270417.30000000
        0.360926767286
        Long
        EC
        CORP
        IE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Eaton Vance Corp.
        4JJ8ORNW1AFZPSV8GJ79
        Eaton Vance Corp.
        278265103
        
          
        
        37400.00000000
        NS
        USD
        1426810.00000000
        0.055550241609
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Okta, Inc.
        549300N8J06I8MRHU620
        Okta, Inc.
        679295105
        
          
        
        3527.00000000
        NS
        USD
        754248.95000000
        0.029365305405
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Abbott Laboratories
        HQD377W2YR662HK5JX27
        Abbott Laboratories
        002824100
        
          
        
        215942.00000000
        NS
        USD
        23500967.86000000
        0.914967264506
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kraft Heinz Co. (The)
        N/A
        Kraft Heinz Co. (The)
        500754106
        
          
        
        336300.00000000
        NS
        USD
        10072185.00000000
        0.392142128441
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Crane Co.
        549300X1RO9ID7AUCA83
        Crane Co.
        224399105
        
          
        
        8565.00000000
        NS
        USD
        429363.45000000
        0.016716481791
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sun Communities, Inc.
        549300H5GEOJYN41ZG57
        Sun Communities, Inc.
        866674104
        
          
        
        30693.00000000
        NS
        USD
        4315742.73000000
        0.168025561479
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amazon.com, Inc.
        ZXTILKJKG63JELOEG630
        Amazon.com, Inc.
        023135106
        
          
        
        39786.00000000
        NS
        USD
        125275371.78000000
        4.877367813545
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lockheed Martin Corp.
        DPRBOZP0K5RM2YE8UU08
        Lockheed Martin Corp.
        539830109
        
          
        
        54334.00000000
        NS
        USD
        20825135.52000000
        0.810788619141
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        People's United Financial, Inc.
        ROPY7PEPIPIDJNF0BO69
        People's United Financial, Inc.
        712704105
        
          
        
        1053099.00000000
        NS
        USD
        10857450.69000000
        0.422715013973
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Air Lease Corp.
        5493004NW4M4P8TMMK63
        Air Lease Corp.
        00912X302
        
          
        
        700.00000000
        NS
        USD
        20594.00000000
        0.000801789779
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Capri Holdings Ltd.
        549300LPG8W0H1OX3A26
        Capri Holdings Ltd.
        N/A
        
          
        
        2433.00000000
        NS
        USD
        43794.00000000
        0.001705039410
        Long
        EC
        CORP
        VG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Littelfuse, Inc.
        549300MY7HLQFYTPCX75
        Littelfuse, Inc.
        537008104
        
          
        
        1000.00000000
        NS
        USD
        177340.00000000
        0.006904409029
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Interpublic Group of Cos., Inc. (The)
        5493008IUOJ5VWTRC333
        Interpublic Group of Cos., Inc. (The)
        460690100
        
          
        
        408901.00000000
        NS
        USD
        6816379.67000000
        0.265383293898
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Gaming and Leisure Properties, Inc.
        5493006GWRDBCZYWTM57
        Gaming and Leisure Properties, Inc.
        36467J108
        
          
        
        7270.00000000
        NS
        USD
        268481.10000000
        0.010452821309
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pluralsight, Inc.
        254900B3VHPCKNREOX50
        Pluralsight, Inc., Class A
        72941B106
        
          
        
        2300.00000000
        NS
        USD
        39399.00000000
        0.001533928111
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Novocure Ltd.
        213800YPP55UMHWA4826
        Novocure Ltd.
        N/A
        
          
        
        800.00000000
        NS
        USD
        89048.00000000
        0.003466921254
        Long
        EC
        CORP
        JE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Insulet Corp.
        549300TZTYD2PYN92D43
        Insulet Corp.
        45784P101
        
          
        
        11200.00000000
        NS
        USD
        2649808.00000000
        0.103165435213
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PayPal Holdings, Inc.
        5493005X2GO78EFZ3E94
        PayPal Holdings, Inc.
        70450Y103
        
          
        
        83300.00000000
        NS
        USD
        16412599.00000000
        0.638994568220
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Parcel Service, Inc.
        D01LMJZU09ULLNCY6Z23
        United Parcel Service, Inc., Class B
        911312106
        
          
        
        71298.00000000
        NS
        USD
        11880385.74000000
        0.462541121989
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Huntington Bancshares, Inc.
        549300XTVCVV9I7B5T19
        Huntington Bancshares, Inc.
        446150104
        
          
        
        753100.00000000
        NS
        USD
        6905927.00000000
        0.268869655654
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hyatt Hotels Corp.
        T27JQIMTYSH41TCD5186
        Hyatt Hotels Corp., Class A
        448579102
        
          
        
        11719.00000000
        NS
        USD
        625443.03000000
        0.024350482144
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Philip Morris International, Inc.
        HL3H1H2BGXWVG3BSWR90
        Philip Morris International, Inc.
        718172109
        
          
        
        95254.00000000
        NS
        USD
        7143097.46000000
        0.278103454377
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First American Financial Corp.
        549300B6VEZK3N0A1P55
        First American Financial Corp.
        31847R102
        
          
        
        45800.00000000
        NS
        USD
        2331678.00000000
        0.090779624655
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AT&T, Inc.
        549300Z40J86GGSTL398
        AT&T, Inc.
        00206R102
        
          
        
        1217928.00000000
        NS
        USD
        34723127.28000000
        1.351881546825
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axis Capital Holdings Ltd.
        N/A
        Axis Capital Holdings Ltd.
        N/A
        
          
        
        1500.00000000
        NS
        USD
        66060.00000000
        0.002571925456
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Nexstar Media Group, Inc.
        52990083ZRR5UT591988
        Nexstar Media Group, Inc., Class A
        65336K103
        
          
        
        11493.00000000
        NS
        USD
        1033565.49000000
        0.040239984783
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Walt Disney Co. (The)
        549300GZKULIZ0WOW665
        Walt Disney Co. (The)
        254687106
        
          
        
        85250.00000000
        NS
        USD
        10577820.00000000
        0.411828103739
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        General Mills, Inc.
        2TGYMUGI08PO8X8L6150
        General Mills, Inc.
        370334104
        
          
        
        185934.00000000
        NS
        USD
        11468409.12000000
        0.446501564670
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Extended Stay America, Inc.
        549300IESZBC3BJUJW64
        Extended Stay America, Inc.
        30224P200
        
          
        
        63302.00000000
        NS
        USD
        756458.90000000
        0.029451345772
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bluebird Bio, Inc.
        N/A
        Bluebird Bio, Inc.
        09609G100
        
          
        
        888.00000000
        NS
        USD
        47907.60000000
        0.001865194913
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DocuSign, Inc.
        549300Q7PVDWRZ39JG09
        DocuSign, Inc.
        256163106
        
          
        
        3768.00000000
        NS
        USD
        811024.32000000
        0.031575750749
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alteryx, Inc.
        549300XWZG0JHL7I0827
        Alteryx, Inc., Class A
        02156B103
        
          
        
        12000.00000000
        NS
        USD
        1362600.00000000
        0.053050342523
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Carvana Co.
        5493003WEAK2PJ5WS063
        Carvana Co.
        146869102
        
          
        
        7875.00000000
        NS
        USD
        1756597.50000000
        0.068389915640
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nu Skin Enterprises, Inc.
        54930050DETB6CP71D38
        Nu Skin Enterprises, Inc., Class A
        67018T105
        
          
        
        7900.00000000
        NS
        USD
        395711.00000000
        0.015406285109
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Newmont Corp.
        549300VSP3RIX7FGDZ51
        Newmont Corp.
        651639106
        
          
        
        73580.00000000
        NS
        USD
        4668651.00000000
        0.181765400465
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NetApp, Inc.
        QTX3D84DZDD5JYOCYH15
        NetApp, Inc.
        64110D104
        
          
        
        171500.00000000
        NS
        USD
        7518560.00000000
        0.292721402676
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Donaldson Co., Inc.
        OZE6KXY9QQPR8EJ8WL20
        Donaldson Co., Inc.
        257651109
        
          
        
        1841.00000000
        NS
        USD
        85459.22000000
        0.003327198659
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Immunomedics, Inc.
        5493007ZU7DDO8PSIM59
        Immunomedics, Inc.
        452907108
        
          
        
        7500.00000000
        NS
        USD
        637725.00000000
        0.024828658216
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Air Products and Chemicals, Inc.
        7QEON6Y1RL5XR3R1W237
        Air Products and Chemicals, Inc.
        009158106
        
          
        
        49426.00000000
        NS
        USD
        14722028.36000000
        0.573175287791
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ares Management Corp.
        529900JUV61FH7B8VW38
        Ares Management Corp.
        03990B101
        
          
        
        57700.00000000
        NS
        USD
        2332234.00000000
        0.090801271499
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Eli Lilly and Co.
        FRDRIPF3EKNDJ2CQJL29
        Eli Lilly and Co.
        532457108
        
          
        
        86878.00000000
        NS
        USD
        12859681.56000000
        0.500668216282
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Union Pacific Corp.
        549300LMMRSZZCZ8CL11
        Union Pacific Corp.
        907818108
        
          
        
        118762.00000000
        NS
        USD
        23380674.94000000
        0.910283879353
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Dominion Energy, Inc.
        ILUL7B6Z54MRYCF6H308
        Dominion Energy, Inc.
        25746U109
        
          
        
        295897.00000000
        NS
        USD
        23355150.21000000
        0.909290120605
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MongoDB, Inc.
        549300TPTG69WKWE1Z37
        MongoDB, Inc.
        60937P106
        
          
        
        3622.00000000
        NS
        USD
        838529.22000000
        0.032646603799
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cisco Systems, Inc.
        8E6NF1YAL0WT6CWXXV93
        Cisco Systems, Inc.
        17275R102
        
          
        
        635648.00000000
        NS
        USD
        25038174.72000000
        0.974815606244
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Liberty Broadband Corp.
        549300MIX43II8JLN536
        Liberty Broadband Corp., Class A
        530307107
        
          
        
        2761.00000000
        NS
        USD
        391537.41000000
        0.015243794005
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sonoco Products Co.
        GKOMIK4RDJGHEF0VNP11
        Sonoco Products Co.
        835495102
        
          
        
        15400.00000000
        NS
        USD
        786478.00000000
        0.030620084608
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Becton Dickinson and Co.
        ICE2EP6D98PQUILVRZ91
        Becton Dickinson and Co.
        075887109
        
          
        
        27268.00000000
        NS
        USD
        6344718.24000000
        0.247020017502
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Anaplan, Inc.
        N/A
        Anaplan, Inc.
        03272L108
        
          
        
        7500.00000000
        NS
        USD
        469350.00000000
        0.018273285089
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lincoln Electric Holdings, Inc.
        BIMGBY40SIN95O01BN93
        Lincoln Electric Holdings, Inc.
        533900106
        
          
        
        600.00000000
        NS
        USD
        55224.00000000
        0.002150045586
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Synovus Financial Corp.
        549300EIUS8UN5JTLE54
        Synovus Financial Corp.
        87161C501
        
          
        
        18700.00000000
        NS
        USD
        395879.00000000
        0.015412825882
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Walgreens Boots Alliance, Inc.
        549300RPTUOIXG4LIH86
        Walgreens Boots Alliance, Inc.
        931427108
        
          
        
        136600.00000000
        NS
        USD
        4906672.00000000
        0.191032313409
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Medical Properties Trust, Inc.
        254900U6E39J1MQCCY14
        Medical Properties Trust, Inc.
        58463J304
        
          
        
        37320.00000000
        NS
        USD
        657951.60000000
        0.025616143948
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NXP Semiconductors NV
        724500M9BY5293JDF951
        NXP Semiconductors NV
        N/A
        
          
        
        2000.00000000
        NS
        USD
        249620.00000000
        0.009718498826
        Long
        EC
        CORP
        NL
        N
        
        1
        
          N
          N
          N
        
      
      
        Penumbra, Inc.
        549300RGE06P3ECANU72
        Penumbra, Inc.
        70975L107
        
          
        
        4341.00000000
        NS
        USD
        843803.58000000
        0.032851951373
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Snap, Inc.
        549300JNC0L6VP8A2Q35
        Snap, Inc., Class A
        83304A106
        
          
        
        35000.00000000
        NS
        USD
        913850.00000000
        0.035579080812
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Trade Desk, Inc. (The)
        549300GXPD31VT3E0P46
        Trade Desk, Inc. (The), Class A
        88339J105
        
          
        
        4200.00000000
        NS
        USD
        2178876.00000000
        0.084830557843
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        McDonald's Corp.
        UE2136O97NLB5BYP9H04
        McDonald's Corp.
        580135101
        
          
        
        52137.00000000
        NS
        USD
        11443550.13000000
        0.445533725294
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exact Sciences Corp.
        549300VM3X1FYD4N9Z14
        Exact Sciences Corp.
        30063P105
        
          
        
        2808.00000000
        NS
        USD
        286275.60000000
        0.011145617669
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HP, Inc.
        WHKXQACZ14C5XRO8LW03
        HP, Inc.
        40434L105
        
          
        
        363000.00000000
        NS
        USD
        6893370.00000000
        0.268380771792
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alphabet, Inc.
        5493006MHB84DD0ZWV18
        Alphabet, Inc., Class A
        02079K305
        
          
        
        32629.00000000
        NS
        USD
        47821062.40000000
        1.861825730351
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Molina Healthcare, Inc.
        549300NQQCEQ46YHZ591
        Molina Healthcare, Inc.
        60855R100
        
          
        
        915.00000000
        NS
        USD
        167481.60000000
        0.006520590229
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Tower Corp.
        5493006ORUSIL88JOE18
        American Tower Corp.
        03027X100
        
          
        
        44401.00000000
        NS
        USD
        10733053.73000000
        0.417871845518
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Intel Corp.
        KNX4USFCNGPY45LOCE31
        Intel Corp.
        458140100
        
          
        
        420509.00000000
        NS
        USD
        21773956.02000000
        0.847729212506
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Altria Group, Inc.
        XSGZFLO9YTNO9VCQV219
        Altria Group, Inc.
        02209S103
        
          
        
        318759.00000000
        NS
        USD
        12316847.76000000
        0.479533973640
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coupa Software, Inc.
        549300Q95ICR2GFL2K37
        Coupa Software, Inc.
        22266L106
        
          
        
        8400.00000000
        NS
        USD
        2303616.00000000
        0.089687081934
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fastenal Co.
        529900PP0C7H2HHPSJ32
        Fastenal Co.
        311900104
        
          
        
        196998.00000000
        NS
        USD
        8882639.82000000
        0.345829359289
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Microsoft Corp.
        INR2EJN1ERAN0W5ZP974
        Microsoft Corp.
        594918104
        
          
        
        713433.00000000
        NS
        USD
        150056362.89000000
        5.842170445621
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Outfront Media, Inc.
        549300RZWDYU5722I639
        Outfront Media, Inc.
        69007J106
        
          
        
        29335.00000000
        NS
        USD
        426824.25000000
        0.016617622677
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Activision Blizzard, Inc.
        549300TPQQDBP9GNOF40
        Activision Blizzard, Inc.
        00507V109
        
          
        
        72752.00000000
        NS
        USD
        5889274.40000000
        0.229288143356
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Home Depot, Inc. (The)
        QEKMOTMBBKA8I816DO57
        Home Depot, Inc. (The)
        437076102
        
          
        
        153476.00000000
        NS
        USD
        42621819.96000000
        1.659402721172
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        10X Genomics, Inc.
        5493003Z6741WNLG7H43
        10X Genomics, Inc., Class A
        88025U109
        
          
        
        2200.00000000
        NS
        USD
        274296.00000000
        0.010679213821
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Western Union Co. (The)
        28ID94QU1140NC23S047
        Western Union Co. (The)
        959802109
        
          
        
        256699.00000000
        NS
        USD
        5501059.57000000
        0.214173707935
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Goldman Sachs Financial Square Funds - Government Fund
        549300BRJMXN4GUWZ402
        Goldman Sachs Financial Square Government Fund - Institutional Shares
        38141W273
        
          
        
        6332150.00000000
        NS
        USD
        6332150.00000000
        0.246530696031
        Long
        STIV
        RF
        US
        N
        
        1
        
          
          N
          N
        
      
    
    
      2020-10-30
      Goldman Sachs Trust
      Peter Fortner
      Peter Fortner
      Assistant Treasurer
    
  
  XXXX



GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – 99.8%
 

Automobiles & Components – 0.2%

  139,719      Gentex Corp.   $       3,597,764
  3,260      Tesla, Inc.*   1,398,573
  2,072      Thor Industries, Inc.   197,379
    

 

     5,193,716

 

 

 

Banks – 3.7%

  34,900      Credicorp Ltd.   4,327,251
  1,400      Cullen/Frost Bankers, Inc.   89,530
  3,600      First Horizon National Corp.   33,948
  15,500      FNB Corp.   105,090
  753,100      Huntington Bancshares, Inc.   6,905,927
  389,629      JPMorgan Chase & Co.(a)(b)   37,509,584
  703,999      New York Community Bancorp, Inc.(b)   5,822,072
  434,000      PacWest Bancorp   7,412,720
  1,053,099      People’s United Financial, Inc.(b)   10,857,450
  81,400      PNC Financial Services Group, Inc. (The)   8,946,674
  18,700      Synovus Financial Corp.   395,879
  4,400      TCF Financial Corp.   102,784
  198,000      Truist Financial Corp.   7,533,900
  375,700      Umpqua Holdings Corp.   3,989,934
  400      Webster Financial Corp.   10,564
    

 

     94,043,307

 

 

 

Capital Goods – 6.8%

  111,368      3M Co.   17,838,926
  700      Air Lease Corp.   20,594
  1,300      Carlisle Cos., Inc.   159,081
  104,187      Caterpillar, Inc.   15,539,491
  8,565      Crane Co.   429,363
  39,662      Cummins, Inc.   8,375,028
  1,841      Donaldson Co., Inc.   85,459
  147,062      Eaton Corp. plc   15,004,736
  176,061      Emerson Electric Co.   11,544,320
  196,998      Fastenal Co.   8,882,640
  103,224      Honeywell International, Inc.   16,991,703
  14,822      Hubbell, Inc.   2,028,242
  78,550      Illinois Tool Works, Inc.   15,176,645
  226,938      Johnson Controls International plc   9,270,417
  41,101      L3Harris Technologies, Inc.   6,980,594
  600      Lincoln Electric Holdings, Inc.   55,224
  54,334      Lockheed Martin Corp.   20,825,136
  60,400      MSC Industrial Direct Co., Inc. Class A   3,822,112
  2,143      nVent Electric plc   37,910
  18,234      Owens Corning   1,254,682
  199,430      Raytheon Technologies Corp.   11,475,202
  12,552      Timken Co. (The)   680,569
  24,056      Trinity Industries, Inc.   469,092
  4,800      Virgin Galactic Holdings, Inc.*(c)   92,304
  25,799      Watsco, Inc.   6,008,329
  554      Woodward, Inc.   44,409
    

 

     173,092,208

 

 

 

Commercial & Professional Services – 0.1%

  9,400      CoreLogic, Inc.   636,098
  16      CoStar Group, Inc.*   13,576
  10,900      ManpowerGroup, Inc.   799,297
  1,100      MSA Safety, Inc.   147,587
  1,784      TransUnion   150,088
    

 

     1,746,646

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Consumer Durables & Apparel – 1.0%

  2,433      Capri Holdings Ltd.*   $            43,794
  33,700      Garmin Ltd.   3,196,782
  66,030      Leggett & Platt, Inc.   2,718,404
  427      Lennar Corp. Class B   28,037
  2,437      Lululemon Athletica, Inc.*   802,675
  123,100      NIKE, Inc. Class B   15,453,974
  5,769      Tempur Sealy International, Inc.*   514,537
  57,820      Toll Brothers, Inc.   2,813,521
    

 

     25,571,724

 

 

 

Consumer Services – 1.1%

  11,871      Aramark   313,988
  5,500      Bright Horizons Family Solutions, Inc.*   836,220
  3,500      Chegg, Inc.*   250,040
  8,027      Choice Hotels International, Inc.   690,001
  63,302      Extended Stay America, Inc.   756,459
  11,719      Hyatt Hotels Corp. Class A   625,443
  52,137      McDonald’s Corp.   11,443,550
  15,465      Planet Fitness, Inc. Class A*   952,953
  81,600      Six Flags Entertainment Corp.   1,656,480
  76,800      Starbucks Corp.   6,598,656
  18,477      Wendy’s Co. (The)   411,945
  127,900      Wyndham Destinations, Inc.   3,934,204
  14,043      Wyndham Hotels & Resorts, Inc.   709,171
    

 

     29,179,110

 

 

 

Diversified Financials – 3.1%

  9,698      Ally Financial, Inc.   243,129
  97,060      American Express Co.   9,730,265
  30,800      Apollo Global Management, Inc.   1,378,300
  57,700      Ares Management Corp.   2,332,234
  86,326      Berkshire Hathaway, Inc. Class B*   18,382,258
  18,200      BlackRock, Inc.   10,256,610
  25,800      Carlyle Group, Inc. (The)   636,486
  42,800      CME Group, Inc.   7,160,868
  37,400      Eaton Vance Corp.   1,426,810
  7,600      Equitable Holdings, Inc.   138,624
  1,110,204      Invesco Ltd.   12,667,427
  3,373      KKR & Co., Inc.   115,829
  2,083      OneMain Holdings, Inc.   65,094
  56,801      Santander Consumer USA Holdings, Inc.   1,033,210
  85,800      T. Rowe Price Group, Inc.   11,001,276
  21,618      TD Ameritrade Holding Corp.   846,345
  118,400      Virtu Financial, Inc. Class A   2,724,384
    

 

     80,139,149

 

 

 

Energy – 1.6%

  237,098      Chevron Corp.   17,071,056
  412,319      Exxon Mobil Corp.(b)   14,154,911
  445,300      Kinder Morgan, Inc.   5,490,549
  178,400      ONEOK, Inc.   4,634,832
    

 

     41,351,348

 

 

 

Food & Staples Retailing – 1.3%

  26,354      Costco Wholesale Corp.   9,355,670
  136,600      Walgreens Boots Alliance, Inc.   4,906,672
  139,941      Walmart, Inc.   19,579,145
    

 

     33,841,487

 

 

 


GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Food, Beverage & Tobacco – 3.9%

  318,759      Altria Group, Inc.   $     12,316,848
  59,900      Bunge Ltd.   2,737,430
  545,000      Coca-Cola Co. (The)(a)   26,906,650
  93,600      Flowers Foods, Inc.   2,277,288
  185,934      General Mills, Inc.   11,468,409
  1,200      Ingredion, Inc.   90,816
  15,800      Keurig Dr Pepper, Inc.   436,080
  336,300      Kraft Heinz Co. (The)   10,072,185
  194,582      PepsiCo, Inc.   26,969,065
  95,254      Philip Morris International, Inc.   7,143,098
    

 

     100,417,869

 

 

 

Health Care Equipment & Services – 5.9%

  215,942      Abbott Laboratories   23,500,968
  36,379      Anthem, Inc.   9,771,036
  27,268      Becton Dickinson and Co.   6,344,718
  97,900      Cardinal Health, Inc.   4,596,405
  26,368      Change Healthcare, Inc.*   382,600
  260,578      CVS Health Corp.   15,217,755
  11,001      DexCom, Inc.*   4,534,942
  33,298      Encompass Health Corp.   2,163,704
  7,143      Envista Holdings Corp.*   176,289
  100      Guardant Health, Inc.*   11,178
  8,883      Hill-Rom Holdings, Inc.   741,819
  11,200      Insulet Corp.*   2,649,808
  256,053      Medtronic plc   26,609,028
  915      Molina Healthcare, Inc.*   167,482
  800      Novocure Ltd.*   89,048
  4,341      Penumbra, Inc.*   843,803
  68,640      Stryker Corp.   14,302,517
  5,000      Tandem Diabetes Care, Inc.*   567,500
  1,500      Teladoc Health, Inc.*(c)   328,860
  120,077      UnitedHealth Group, Inc.(a)   37,436,406
    

 

     150,435,866

 

 

 

Household & Personal Products – 1.9%

  72,798      Kimberly-Clark Corp.   10,749,353
  7,900      Nu Skin Enterprises, Inc. Class A   395,711
  262,098      Procter & Gamble Co. (The)(a)   36,429,001
    

 

     47,574,065

 

 

 

Insurance – 1.8%

  1,500      Axis Capital Holdings Ltd.   66,060
  4,100      CNA Financial Corp.   122,959
  143,800      Fidelity National Financial, Inc.   4,502,378
  45,800      First American Financial Corp.   2,331,678
  210,199      Mercury General Corp.   8,695,933
  175,001      MetLife, Inc.   6,504,787
  427,306      Old Republic International Corp.   6,298,490
  142,799      Principal Financial Group, Inc.   5,750,516
  199,900      Prudential Financial, Inc.   12,697,648
    

 

     46,970,449

 

 

 

Materials – 3.0%

  49,426      Air Products and Chemicals, Inc.   14,722,028
  7,400      Ashland Global Holdings, Inc.   524,808
  162,249      Dow, Inc.   7,633,815
  7,604      Graphic Packaging Holding Co.   107,140
  50,400      International Flavors & Fragrances, Inc.(c)   6,171,480
  448,899      International Paper Co.   18,198,366
  72,419      Linde plc   17,245,137
  73,580      Newmont Corp.   4,668,651

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Materials – (continued)

  3,799      Reliance Steel & Aluminum Co.   $          387,650
  15,623      RPM International, Inc.   1,294,209
  15,400      Sonoco Products Co.   786,478
  134,200      Southern Copper Corp.   6,075,234
  2,203      Steel Dynamics, Inc.   63,072
  2,300      W R Grace & Co.   92,667
    

 

     77,970,735

 

 

 

Media & Entertainment – 8.6%

  72,752      Activision Blizzard, Inc.   5,889,274
  32,629      Alphabet, Inc. Class A*   47,821,062
  18,505      Alphabet, Inc. Class C*(a)   27,194,948
  542,319      Comcast Corp. Class A   25,087,677
  226,694      Facebook, Inc. Class A*   59,371,159
  408,901      Interpublic Group of Cos., Inc. (The)   6,816,380
  2,761      Liberty Broadband Corp. Class A*   391,537
  43,624      Netflix, Inc.*   21,812,919
  11,493      Nexstar Media Group, Inc. Class A   1,033,566
  145,300      Omnicom Group, Inc.   7,192,350
  10,100      Pinterest, Inc. Class A*   419,251
  2,328      Roku, Inc.*   439,526
  64,642      Sirius XM Holdings, Inc.   346,481
  35,000      Snap, Inc. Class A*   913,850
  39,800      TripAdvisor, Inc.   779,682
  700      ViacomCBS, Inc. Class A   21,203
  85,250      Walt Disney Co. (The)   10,577,820
  2,346      World Wrestling Entertainment, Inc. Class A   94,943
  9,275      Zillow Group, Inc. Class A*   941,784
  30,202      Zillow Group, Inc. Class C*   3,068,221
    

 

     220,213,633

 

 

 

Pharmaceuticals, Biotechnology & Life Sciences – 8.2%

  2,200      10X Genomics, Inc. Class A*   274,296
  305,086      AbbVie, Inc.(a)(b)   26,722,483
  5,800      Adaptive Biotechnologies Corp.*   282,054
  7,322      Agios Pharmaceuticals, Inc.*   256,270
  6,645      Alnylam Pharmaceuticals, Inc.*   967,512
  69,902      Amgen, Inc.   17,766,292
  1,832      Bio-Techne Corp.   453,841
  888      Bluebird Bio, Inc.*   47,908
  335,001      Bristol-Myers Squibb Co.(a)   20,197,210
  7,653      Bruker Corp.   304,207
  6,275      Charles River Laboratories International, Inc.*   1,420,974
  86,878      Eli Lilly and Co.   12,859,682
  2,808      Exact Sciences Corp.*   286,276
  230,194      Gilead Sciences, Inc.   14,545,959
  1,100      Global Blood Therapeutics, Inc.*   60,654
  7,500      Immunomedics, Inc.*   637,725
  5,100      Iovance Biotherapeutics, Inc.*   167,892
  275,234      Johnson & Johnson   40,976,838
  302,253      Merck & Co., Inc.   25,071,886
  3,585      Moderna, Inc.*   253,639
  710,699      Pfizer, Inc.   26,082,653
  5,631      QIAGEN NV*   294,276
  900      Repligen Corp.*   132,786
  1,420      Sage Therapeutics, Inc.*   86,790
  2,687      Seattle Genetics, Inc.*   525,819
  7,000      Syneos Health, Inc.*   372,120

 

 

 


GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Pharmaceuticals, Biotechnology & Life Sciences – (continued)

  43,196      Thermo Fisher Scientific, Inc.   $  19,071,898
    

 

     210,119,940

 

 

 

Real Estate – 2.5%

  4,928      American Campus Communities, Inc. (REIT)   172,086
  58,391      American Homes 4 Rent Class A (REIT)   1,662,976
  44,401      American Tower Corp. (REIT)   10,733,054
  1,797      Brandywine Realty Trust (REIT)   18,581
  3,320      Brixmor Property Group, Inc. (REIT)   38,811
  16,087      Camden Property Trust (REIT)   1,431,421
  2,076      Corporate Office Properties Trust (REIT)   49,243
  3,658      Cousins Properties, Inc. (REIT)   104,582
  45,100      Crown Castle International Corp. (REIT)   7,509,150
  4,400      CyrusOne, Inc. (REIT)   308,132
  21,700      Digital Realty Trust, Inc. (REIT)   3,184,692
  78      Douglas Emmett, Inc. (REIT)   1,958
  1,403      EPR Properties (REIT)   38,582
  9,000      Equinix, Inc. (REIT)   6,841,170
  55,100      Equity LifeStyle Properties, Inc. (REIT)   3,377,630
  5,800      First Industrial Realty Trust, Inc. (REIT)   230,840
  7,270      Gaming and Leisure Properties, Inc. (REIT)   268,481
  7,526      Healthcare Trust of America, Inc. Class A (REIT)   195,676
  602      Highwoods Properties, Inc. (REIT)   20,209
  864      Howard Hughes Corp. (The)*   49,766
  6,897      Hudson Pacific Properties, Inc. (REIT)   151,251
  87,000      Invitation Homes, Inc. (REIT)   2,435,130
  2,156      Lamar Advertising Co. Class A (REIT)   142,662
  37,320      Medical Properties Trust, Inc. (REIT)   657,952
  5,561      National Retail Properties, Inc. (REIT)   191,910
  10,405      Omega Healthcare Investors, Inc. (REIT)   311,526
  29,335      Outfront Media, Inc. (REIT)   426,824
  8,383      Park Hotels & Resorts, Inc. (REIT)   83,746
  102,727      Prologis, Inc. (REIT)   10,336,391
  24,200      SBA Communications Corp. (REIT)   7,707,216
  1,781      Spirit Realty Capital, Inc. (REIT)   60,109
  12,591      STORE Capital Corp. (REIT)   345,371
  30,693      Sun Communities, Inc. (REIT)   4,315,743
  57,963      VEREIT, Inc. (REIT)   376,759
  1,280      WP Carey, Inc. (REIT)   83,405
    

 

     63,863,035

 

 

 

Retailing – 8.2%

  39,786      Amazon.com, Inc.*(a)   125,275,372
  4,907      Burlington Stores, Inc.*   1,011,284
  7,875      Carvana Co.*   1,756,597

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Retailing – (continued)

  19,200      Etsy, Inc.*   $    2,335,296
  5,281      Five Below, Inc.*   670,687
  14,900      Foot Locker, Inc.   492,147
  6,781      Grubhub, Inc.*   490,470
  153,476      Home Depot, Inc. (The)   42,621,820
  113,699      Lowe’s Cos., Inc.   18,858,116
  518      MercadoLibre, Inc.*   560,725
  79,015      Target Corp.   12,438,541
  3,962      Wayfair, Inc. Class A*   1,152,981
  16,500      Williams-Sonoma, Inc.   1,492,260
    

 

     209,156,296

 

 

 

Semiconductors & Semiconductor Equipment – 5.6%

  115,317      Advanced Micro Devices, Inc.*   9,454,841
  51,900      Analog Devices, Inc.   6,058,806
  77,590      Broadcom, Inc.   28,267,589
  5,800      Enphase Energy, Inc.*   479,022
  100      Inphi Corp.*   11,225
  420,509      Intel Corp.   21,773,956
  24,653      Lam Research Corp.   8,178,633
  62,300      Marvell Technology Group Ltd.   2,473,310
  57,200      NVIDIA Corp.   30,957,784
  2,000      NXP Semiconductors NV   249,620
  111,197      QUALCOMM, Inc.   13,085,663
  1,400      SolarEdge Technologies, Inc.*   333,690
  1,644      Teradyne, Inc.   130,632
  149,450      Texas Instruments, Inc.(a)   21,339,965
    

 

     142,794,736

 

 

 

Software & Services – 14.8%

  2,700      2U, Inc.*   91,422
  59,000      Accenture plc Class A   13,333,410
  37,091      Adobe, Inc.*   18,190,539
  12,000      Alteryx, Inc. Class A*   1,362,600
  22,400      Amdocs Ltd.   1,285,984
  7,500      Anaplan, Inc.*   469,350
  7,300      Atlassian Corp. plc Class A*   1,327,067
  53,408      Automatic Data Processing, Inc.   7,449,882
  600      Avalara, Inc.*   76,404
  12,836      Booz Allen Hamilton Holding Corp.   1,065,131
  6,600      Cloudflare, Inc. Class A*   270,996
  8,400      Coupa Software, Inc.*   2,303,616
  1,000      Crowdstrike Holdings, Inc. Class A*   137,320
  7,100      Datadog, Inc. Class A*   725,336
  3,768      DocuSign, Inc.*   811,024
  2,900      Dynatrace, Inc.*   118,958
  100      Everbridge, Inc.*   12,573
  1,700      Fastly, Inc. Class A*   159,256
  80,572      Fidelity National Information Services, Inc.   11,861,004
  4,800      FireEye, Inc.*   59,256
  9,700      HubSpot, Inc.*   2,834,631
  239,801      International Business Machines Corp.   29,176,588
  70,700      Mastercard, Inc. Class A   23,908,619
  713,433      Microsoft Corp.(a)(b)   150,056,363
  3,622      MongoDB, Inc.*   838,529
  6,400      Nutanix, Inc. Class A*   141,952
  3,527      Okta, Inc.*   754,249
  208,200      Paychex, Inc.   16,608,114
  3,000      Paylocity Holding Corp.*   484,260

 

 

 


GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Software & Services – (continued)

  83,300      PayPal Holdings, Inc.*   $     16,412,599
  2,300      Pluralsight, Inc. Class A*   39,399
  1,400      RingCentral, Inc. Class A*   384,454
  85,049      salesforce.com, Inc.*   21,374,515
  22,462      ServiceNow, Inc.*   10,894,070
  14,000      Slack Technologies, Inc. Class A*   376,040
  2,000      Smartsheet, Inc. Class A*   98,840
  11,600      Splunk, Inc.*   2,182,308
  7,510      Square, Inc. Class A*   1,220,751
  14,587      Switch, Inc. Class A   227,703
  4,200      Trade Desk, Inc. (The) Class A*   2,178,876
  6,200      Twilio, Inc. Class A*   1,531,958
  138,455      Visa, Inc. Class A   27,686,846
  256,699      Western Union Co. (The)   5,501,060
  3,400      Workday, Inc. Class A*   731,442
  11,600      Zendesk, Inc.*   1,193,872
  500      Zoom Video Communications, Inc. Class A*   235,055
  4,700      Zscaler, Inc.*   661,243
    

 

     378,845,464

 

 

 

Technology Hardware & Equipment – 8.8%

  1,498,556      Apple, Inc.(a)   173,547,771
  500      Avnet, Inc.   12,920
  635,648      Cisco Systems, Inc.(a)   25,038,175
  244,181      Corning, Inc.   7,913,906
  12,014      Dolby Laboratories, Inc. Class A   796,288
  30,759      Flex Ltd.*   342,655
  363,000      HP, Inc.   6,893,370
  1,400      Jabil, Inc.   47,964
  1,000      Littelfuse, Inc.   177,340
  67,630      National Instruments Corp.   2,414,391
  171,500      NetApp, Inc.   7,518,560
    

 

     224,703,340

 

 

 

Telecommunication Services – 2.5%

  1,217,928      AT&T, Inc.(a)   34,723,127
  509,002      Verizon Communications, Inc.(b)   30,280,529
    

 

     65,003,656

 

 

 

Transportation – 1.9%

  18,284      JetBlue Airways Corp.*   207,158
  12,400      Knight-Swift Transportation Holdings, Inc.   504,680
  17,224      Lyft, Inc. Class A*   474,521
  42,346      Norfolk Southern Corp.   9,061,621
  33,000      Ryder System, Inc.   1,393,920
  12,582      Uber Technologies, Inc.*   458,991
  118,762      Union Pacific Corp.   23,380,675
  71,298      United Parcel Service, Inc. Class B   11,880,386
    

 

     47,361,952

 

 

 

Utilities – 3.3%

  53,000      Consolidated Edison, Inc.   4,123,400
  295,897      Dominion Energy, Inc.   23,355,150
  265,600      Duke Energy Corp.   23,521,536
  21,700      MDU Resources Group, Inc.   488,250
  1,400      OGE Energy Corp.   41,986
  609,201      PPL Corp.   16,576,359

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Utilities – (continued)

  316,501      Southern Co. (The)   $     17,160,685
    

 

     85,267,366

 

 

 
TOTAL COMMON STOCKS
(Cost $2,030,529,388)
  $2,554,857,097

 

 

Shares      Dividend
Rate
  Value
  Investment Company(d) – 1.5%
 

Goldman Sachs Financial Square Government Fund — Institutional
Shares

  37,942,365      0.027%   $     37,942,365
  (Cost $37,942,365)  

 

 

 

TOTAL INVESTMENTS BEFORE SECURITIES
LENDING REINVESTMENT VEHICLE
(Cost $2,068,471,753)

  $2,592,799,462

 

 

    
  Securities Lending Reinvestment Vehicle(d) – 0.2%
 

Goldman Sachs Financial Square Government Fund — Institutional
Shares

  6,332,150      0.027%   $       6,332,150
  (Cost $6,332,150)  

 

 

 
TOTAL INVESTMENTS – 101.5%
(Cost $2,074,803,903)
  $2,599,131,612

 

 

 
LIABILITIES IN EXCESS
    OF OTHER ASSETS – (1.5)%
  (37,102,064)

 

 

  NET ASSETS – 100.0%   $2,562,029,548

 

 

The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.
*   Security is currently in default and/or non-income producing.
(a)   All or a portion of security is segregated as collateral for call options written.
(b)   All or a portion of security is segregated as collateral for initial margin requirements on futures transactions.
(c)   All or a portion of security is on loan.
(d)   Represents an Affiliated Issuer.

 

 

Investment Abbreviation:
REIT  

— Real Estate Investment Trust

Currency Abbreviation:
USD  

— United States Dollar

 

For information on the mutual funds, please call our toll-free Shareholder Services Line at 1-800-526-7384 or visit us on the web at www.GSAMFUNDS.com.
 


GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

 

ADDITIONAL INVESTMENT INFORMATION

 

 

FUTURES CONTRACTS — At September 30, 2020, the Fund had the following futures contracts:

 

Description      Number of
Contracts
     Expiration
Date
     Notional
Amount
     Unrealized
Appreciation/
(Depreciation)
 

 

 

Long position contracts:

    

S&P 500 E-Mini Index

     238      12/18/2020      $39,888,800      $ 338,710  

 

 

WRITTEN OPTIONS CONTRACTS — At September 30, 2020, the Fund had the following written options contracts:

 

Description   Counterparty   Exercise
Price
    Expiration
Date
    Number of  
Contracts
  Notional
Amount
    Value    

Premiums
Paid
(Received)

by the

Fund

    Unrealized
Appreciation/
Depreciation
 

 

 

Written options contracts:

 

     

Calls

 

     

S&P 500 Index

  Morgan Stanley Co., Inc     3,290 USD     10/30/2020   727   $ (244,490,100   $ (9,003,895   $ (9,413,196   $ 409,301  
      3,560 USD     11/30/2020   711     (239,109,300     (3,103,515     (8,742,456     5,638,941  
      3,430 USD     12/31/2020   648     (217,922,400     (8,187,480     (8,410,236     222,756  

 

 

Total written options contracts

  2,086     $ (20,294,890   $ (26,565,888   $ 6,270,998  

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – 99.4%
 

Australia – 9.0%

  1,244      Afterpay Ltd. (Software & Services)*   $         73,327
  80,836      AGL Energy Ltd. (Utilities)   789,309
  51,152      APA Group (Utilities)   380,248
  433,276      Aurizon Holdings Ltd. (Transportation)   1,332,918
  75,241      BHP Group Ltd. (Materials)   1,943,746
  5,805      BHP Group plc (Materials)   123,845
  51,205      Coca-Cola Amatil Ltd. (Food, Beverage & Tobacco)   350,493
  23,965      Coles Group Ltd. (Food & Staples Retailing)   291,960
  64,545      Commonwealth Bank of Australia (Banks)   2,970,122
  1,390      CSL Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   287,128
  19,189      Fortescue Metals Group Ltd. (Materials)   225,433
  63,415      Glencore plc (Materials)*(a)   131,470
  88,722      Medibank Pvt Ltd. (Insurance)   160,090
  175,269      National Australia Bank Ltd. (Banks)   2,251,671
  20,689      Rio Tinto Ltd. (Materials)   1,413,088
  11,619      Rio Tinto plc (Materials)   699,144
  45,276      Rio Tinto plc ADR (Materials)(a)(b)   2,734,218
  13,841      Sonic Healthcare Ltd. (Health Care Equipment & Services)   328,685
  30,155      Wesfarmers Ltd. (Retailing)   963,883
    

 

     17,450,778

 

 

 

Austria – 0.1%

  3,643      Erste Group Bank AG (Banks)   76,286
  2,796      voestalpine AG (Materials)(a)   73,691
    

 

     149,977

 

 

 

Belgium – 1.9%

  35,194      Ageas SA/NV (Insurance)   1,440,107
  13,237      Anheuser-Busch InBev SA/NV (Food, Beverage & Tobacco)   712,686
  85,798      Proximus SADP (Telecommunication Services)   1,565,215
    

 

     3,718,008

 

 

 

China – 0.2%

  4,910      Prosus NV (Retailing)*   453,206

 

 

 

Denmark – 1.7%

  6,157      Coloplast A/S Class B (Health Care Equipment & Services)   975,817
  27,651      Novo Nordisk A/S Class B (Pharmaceuticals, Biotechnology & Life Sciences)   1,915,732
  12,480      Tryg A/S (Insurance)   392,902
    

 

     3,284,451

 

 

 

Finland – 2.8%

  7,102      Kone OYJ Class B (Capital Goods)   623,580
  67,566      Metso Outotec OYJ (Capital Goods)   470,841
  50,367      Neles OYJ (Capital Goods)   681,138
  7,263      Neste OYJ (Energy)   382,468

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Finland – (continued)

  298,364      Nordea Bank Abp (Banks)   $     2,267,189
  26,281      Sampo OYJ Class A (Insurance)(a)   1,040,731
    

 

     5,465,947

 

 

 

France – 10.4%

  7,477      Air Liquide SA (Materials)   1,185,177
  8,681      Airbus SE (Capital Goods)*   629,595
  12,945      BNP Paribas SA (Banks)*   468,280
  12,106      Bouygues SA (Capital Goods)   418,339
  5,936      Capgemini SE (Software & Services)(a)   761,562
  2,181      Covivio (REIT)   153,147
  21,499      Danone SA (Food, Beverage & Tobacco)   1,392,599
  1,122      Dassault Systemes SE (Software & Services)   209,345
  16,716      Edenred (Software & Services)   750,485
  764      Gecina SA (REIT)   100,715
  61      Hermes International (Consumer Durables & Apparel)   52,536
  1,959      Kering SA (Consumer Durables &
Apparel)(a)
  1,299,488
  2,385      L’Oreal SA (Household & Personal Products)(a)   776,149
  5,717      LVMH Moet Hennessy Louis Vuitton SE (Consumer Durables & Apparel)(a)   2,674,989
  2,445      Pernod Ricard SA (Food, Beverage & Tobacco)   389,821
  26,637      Peugeot SA (Automobiles & Components)*   483,048
  4,227      Publicis Groupe SA (Media & Entertainment)   136,236
  3,760      Safran SA (Capital Goods)*   369,936
  32,860      Sanofi (Pharmaceuticals, Biotechnology & Life Sciences)(a)   3,292,961
  13,566      Schneider Electric SE (Capital Goods)(a)   1,686,239
  42,051      TOTAL SE (Energy)(a)   1,444,139
  1,535      Unibail-Rodamco-Westfield (REIT)   56,611
  2,233      Valeo SA (Automobiles & Components)   68,571
  2,034      Vinci SA (Capital Goods)   169,954
  34,174      Vivendi SA (Media & Entertainment)   954,441
  2,168      Worldline SA (Software & Services)*(c)   177,523
    

 

     20,101,886

 

 

 

Germany – 10.1%

  1,494      adidas AG (Consumer Durables & Apparel)*   482,476
  4,223      Allianz SE (Registered) (Insurance)   810,520
  4,220      BASF SE (Materials)(a)   256,981
  24,038      Bayer AG (Registered) (Pharmaceuticals, Biotechnology & Life Sciences)(a)   1,482,994
  13,633      Bayerische Motoren Werke AG (Automobiles & Components)(a)   989,444

 

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Germany – (continued)

  18,035      Bayerische Motoren Werke AG (Preference) (Automobiles & Components)(d)   $       985,656
  1,439      Carl Zeiss Meditec AG (Health Care Equipment & Services)   181,747
  10,619      Covestro AG (Materials)(c)   526,597
  2,137      Delivery Hero SE (Retailing)*(c)   245,198
  2,230      Deutsche Boerse AG (Diversified Financials)   390,964
  43,730      Deutsche Post AG (Registered) (Transportation)(a)   1,984,274
  51,998      E.ON SE (Utilities)   573,144
  4,258      Evonik Industries AG (Materials)(a)   110,150
  3,801      Fresenius SE & Co. KGaA (Health Care Equipment & Services)   172,848
  808      GEA Group AG (Capital Goods)   28,311
  17,208      HOCHTIEF AG (Capital Goods)   1,335,849
  8,731      Infineon Technologies AG (Semiconductors & Semiconductor Equipment)   246,090
  3,095      LEG Immobilien AG (Real Estate)   441,158
  6,608      METRO AG (Food & Staples Retailing)   65,808
  2,239      Porsche Automobil Holding SE (Preference) (Automobiles & Components)*,(d)   133,592
  2,764      Puma SE (Consumer Durables & Apparel)*   248,470
  19,261      SAP SE (Software & Services)(a)   2,999,288
  689      Sartorius AG (Preference) (Health Care Equipment & Services)(d)   282,404
  15,036      Siemens AG (Registered) (Capital Goods)   1,898,883
  7,518      Siemens Energy AG (Utilities)*   202,733
  3,648      Siemens Healthineers AG (Health Care Equipment & Services)(c)   163,753
  223,703      Telefonica Deutschland Holding AG (Telecommunication Services)   571,729
  2,710      Volkswagen AG (Preference) (Automobiles & Components)(d)   436,069
  20,371      Vonovia SE (Real Estate)(a)   1,396,493
    

 

     19,643,623

 

 

 

Hong Kong – 2.7%

  117,600      AIA Group Ltd. (Insurance)   1,168,956
  16,700      ASM Pacific Technology Ltd. (Semiconductors & Semiconductor Equipment)   170,960
  98,000      Hang Lung Properties Ltd. (Real Estate)   249,759
  19,094      Hong Kong & China Gas Co. Ltd. (Utilities)   27,725
  22,396      Hong Kong Exchanges & Clearing Ltd. (Diversified Financials)   1,054,258

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Hong Kong – (continued)

  3,400      Jardine Matheson Holdings Ltd. (Capital Goods)   $       135,155
  2,200      Jardine Strategic Holdings Ltd. (Capital Goods)   43,619
  212,657      Link REIT (REIT)   1,742,594
  43,533      MTR Corp. Ltd. (Transportation)   216,050
  22,902      Sino Land Co. Ltd. (Real Estate)   26,812
  500      Sun Hung Kai Properties Ltd. (Real Estate)   6,443
  400      Swire Properties Ltd. (Real Estate)   1,060
  24,000      Techtronic Industries Co. Ltd. (Capital Goods)   319,097
    

 

     5,162,488

 

 

 

Ireland – 0.5%

  24,567      CRH plc (Materials)(a)   890,832

 

 

 

Israel – 0.4%

  107,511      Bank Leumi Le-Israel BM (Banks)   473,303
  13,689      ICL Group Ltd. (Materials)   48,371
  715      Wix.com Ltd. (Software & Services)*   182,218
    

 

     703,892

 

 

 

Italy – 1.1%

  9,895      Enel SpA (Utilities)   85,848
  4,925      Eni SpA (Energy)(a)   38,494
  2,335      Ferrari NV (Automobiles & Components)   428,517
  121,717      Mediobanca Banca di Credito Finanziario SpA (Banks)   953,765
  2,098      Moncler SpA (Consumer Durables & Apparel)*   85,853
  110,623      Snam SpA (Utilities)   568,909
    

 

     2,161,386

 

 

 

Japan – 25.6%

  2,400      ABC-Mart, Inc. (Retailing)   124,959
  2,400      Advantest Corp. (Semiconductors & Semiconductor Equipment)   116,737
  11,300      AGC, Inc. (Capital Goods)   332,101
  10,500      Alfresa Holdings Corp. (Health Care Equipment & Services)   229,979
  37,200      Aozora Bank Ltd. (Banks)   617,687
  27,000      Asahi Kasei Corp. (Materials)   235,538
  7,100      Astellas Pharma, Inc. (Pharmaceuticals, Biotechnology & Life Sciences)   105,837
  2,300      Bandai Namco Holdings, Inc. (Consumer Durables & Apparel)   168,521
  53,100      Bridgestone Corp. (Automobiles & Components)   1,678,446
  34,600      Canon, Inc. (Technology Hardware & Equipment)   573,895
  7,900      Casio Computer Co. Ltd. (Consumer Durables & Apparel)   127,919

 

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  14,800      Chugai Pharmaceutical Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   $       664,157
  31,100      Chugoku Electric Power Co., Inc. (The) (Utilities)   388,838
  1,500      Dai-ichi Life Holdings, Inc. (Insurance)   21,166
  29,400      Daiichi Sankyo Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   902,514
  2,000      Daikin Industries Ltd. (Capital Goods)   369,549
  8,200      Daito Trust Construction Co. Ltd. (Real Estate)   726,888
  9,200      Daiwa House Industry Co. Ltd. (Real Estate)   235,955
  132,700      Daiwa Securities Group, Inc. (Diversified Financials)   558,125
  2,900      Denso Corp. (Automobiles & Components)   127,112
  1,500      Disco Corp. (Semiconductors & Semiconductor Equipment)   366,757
  9,700      Eisai Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   885,924
  3,400      FANUC Corp. (Capital Goods)   652,513
  200      Fast Retailing Co. Ltd. (Retailing)   125,684
  2,600      Fuji Electric Co. Ltd. (Capital Goods)   82,422
  1,300      Hikari Tsushin, Inc. (Retailing)   310,166
  30,400      Hino Motors Ltd. (Capital Goods)   197,257
  1,916      Hirose Electric Co. Ltd. (Technology Hardware & Equipment)   247,558
  1,400      Hitachi Ltd. (Technology Hardware & Equipment)   47,403
  6,700      Hitachi Metals Ltd. (Materials)   103,315
  1,200      Honda Motor Co. Ltd. (Automobiles & Components)   28,497
  3,500      Hoya Corp. (Health Care Equipment & Services)   395,207
  3,700      Hulic Co. Ltd. (Real Estate)   34,718
  3,200      Idemitsu Kosan Co. Ltd. (Energy)   68,323
  3,100      Isuzu Motors Ltd. (Automobiles & Components)   27,112
  55,800      ITOCHU Corp. (Capital Goods)   1,428,806
  14,200      Japan Exchange Group, Inc. (Diversified Financials)   398,002
  16,700      Japan Post Insurance Co. Ltd. (Insurance)   262,946
  29,000      Japan Tobacco, Inc. (Food, Beverage & Tobacco)   529,070
  6,400      JSR Corp. (Materials)   152,116
  8,500      JTEKT Corp. (Automobiles & Components)   66,672
  12,400      Kajima Corp. (Capital Goods)   149,398
  9,300      Kakaku.com, Inc. (Media & Entertainment)   245,184

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  33,100      Kansai Electric Power Co., Inc. (The) (Utilities)   $       320,802
  7,100      Kao Corp. (Household & Personal Products)   533,002
  22,000      KDDI Corp. (Telecommunication Services)   553,334
  300      Keyence Corp. (Technology Hardware & Equipment)   140,244
  6,400      Kikkoman Corp. (Food, Beverage & Tobacco)   355,032
  5,200      Kintetsu Group Holdings Co. Ltd. (Transportation)   221,917
  38,100      Kirin Holdings Co. Ltd. (Food, Beverage & Tobacco)   715,617
  24,000      Komatsu Ltd. (Capital Goods)   527,113
  3,100      Kose Corp. (Household & Personal Products)   379,557
  7,300      Kyushu Railway Co. (Transportation)   156,078
  7,700      Lawson, Inc. (Food & Staples Retailing)   367,156
  27,300      LIXIL Group Corp. (Capital Goods)   551,796
  7,700      M3, Inc. (Health Care Equipment & Services)   476,293
  2,100      Makita Corp. (Capital Goods)   100,505
  5,200      Marui Group Co. Ltd. (Retailing)   99,784
  49,900      Mitsubishi Chemical Holdings Corp. (Materials)   288,042
  33,700      Mitsubishi Corp. (Capital Goods)   806,622
  23,400      Mitsubishi Electric Corp. (Capital Goods)   317,519
  100      Mitsubishi Materials Corp. (Materials)   1,971
  153,900      Mitsubishi UFJ Financial Group, Inc. (Banks)   614,196
  13,800      Mitsubishi UFJ Lease & Finance Co. Ltd. (Diversified Financials)   64,120
  4,800      Mitsui & Co. Ltd. (Capital Goods)   82,478
  27,730      Mizuho Financial Group, Inc. (Banks)   346,117
  20,200      MS&AD Insurance Group Holdings, Inc. (Insurance)   544,253
  12,600      Murata Manufacturing Co. Ltd. (Technology Hardware & Equipment)   819,342
  8,200      Nabtesco Corp. (Capital Goods)   297,712
  1,300      NEC Corp. (Software & Services)   76,042
  10,200      NGK Spark Plug Co. Ltd. (Automobiles & Components)   178,095
  400      Nidec Corp. (Capital Goods)   37,511
  5,600      Nikon Corp. (Consumer Durables & Apparel)   37,787
  1,800      Nintendo Co. Ltd. (Media & Entertainment)   1,020,044
  6,600      Nippon Express Co. Ltd. (Transportation)   385,131
  200      Nippon Paint Holdings Co. Ltd. (Materials)   20,589

 

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  67      Nippon Prologis REIT, Inc. (REIT)   $       225,942
  11,601      Nisshin Seifun Group, Inc. (Food, Beverage & Tobacco)   184,114
  7,100      Nitto Denko Corp. (Materials)   462,556
  22,900      Nomura Holdings, Inc. (Diversified Financials)   104,651
  3,700      Nomura Real Estate Holdings, Inc. (Real Estate)   70,415
  17,700      Nomura Research Institute Ltd. (Software & Services)   521,168
  50,900      NSK Ltd. (Capital Goods)   389,607
  6,400      NTT DOCOMO, Inc. (Telecommunication Services)   235,175
  2,600      Obic Co. Ltd. (Software & Services)   457,243
  300      Odakyu Electric Railway Co. Ltd. (Transportation)   7,541
  7,400      Olympus Corp. (Health Care Equipment & Services)   153,889
  2,300      Omron Corp. (Technology Hardware & Equipment)   179,828
  3,000      Ono Pharmaceutical Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   94,362
  5,400      Otsuka Corp. (Software & Services)   275,947
  2,400      Otsuka Holdings Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   101,677
  55,400      Panasonic Corp. (Consumer Durables & Apparel)   471,901
  16,100      Park24 Co. Ltd. (Commercial & Professional Services)   261,394
  22,900      Pola Orbis Holdings, Inc. (Household & Personal Products)   431,787
  22,300      Recruit Holdings Co. Ltd. (Commercial & Professional Services)   885,653
  49,100      Resona Holdings, Inc. (Banks)   167,275
  1,000      Ryohin Keikaku Co. Ltd. (Retailing)   16,616
  17,100      Seiko Epson Corp. (Technology Hardware & Equipment)   196,654
  67,800      Seven Bank Ltd. (Banks)   164,317
  6,900      Shimadzu Corp. (Technology Hardware & Equipment)   210,011
  4,400      Shin-Etsu Chemical Co. Ltd. (Materials)   575,759
  4,300      Shiseido Co. Ltd. (Household & Personal Products)   248,927
  166,500      SoftBank Corp. (Telecommunication Services)   1,860,528
  17,500      SoftBank Group Corp. (Telecommunication Services)   1,082,805
  3,800      Sompo Holdings, Inc. (Insurance)   131,188
  7,500      Sony Corp. (Consumer Durables & Apparel)   574,815
  39,100      Subaru Corp. (Automobiles & Components)   759,043

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  22,900      Sumitomo Chemical Co. Ltd. (Materials)   $         75,799
  87,000      Sumitomo Corp. (Capital Goods)   1,048,741
  4,200      Sumitomo Metal Mining Co. Ltd. (Materials)   130,260
  46,600      Sumitomo Mitsui Financial Group, Inc. (Banks)   1,302,974
  300      Sumitomo Mitsui Trust Holdings, Inc. (Banks)   7,981
  4,200      Sysmex Corp. (Health Care Equipment & Services)   401,864
  38,200      Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   1,365,380
  1,000      TDK Corp. (Technology Hardware & Equipment)   109,193
  42,600      Tohoku Electric Power Co., Inc. (Utilities)   426,941
  10,900      Tokio Marine Holdings, Inc. (Insurance)   476,925
  4,800      Tokyo Electron Ltd. (Semiconductors & Semiconductor Equipment)   1,254,023
  300      Tokyo Gas Co. Ltd. (Utilities)   6,846
  41,800      Tokyu Fudosan Holdings Corp. (Real Estate)   180,564
  4,600      TOTO Ltd. (Capital Goods)   211,965
  3,800      Toyoda Gosei Co. Ltd. (Automobiles & Components)   87,252
  43,820      Toyota Motor Corp. (Automobiles & Components)   2,908,334
  2,800      Trend Micro, Inc. (Software & Services)   170,628
  57,500      USS Co. Ltd. (Retailing)   1,028,870
  3,000      Yamaha Corp. (Consumer Durables & Apparel)   143,882
  200      Yamato Holdings Co. Ltd. (Transportation)   5,268
  1,900      Yaskawa Electric Corp. (Capital Goods)   74,334
  3,900      ZOZO, Inc. (Retailing)   108,828
    

 

     49,576,414

 

 

 

Luxembourg – 0.0%

  6,342      SES SA FDR (Media & Entertainment)   44,897

 

 

 

Macau – 0.5%

  53,000      Galaxy Entertainment Group Ltd. (Consumer Services)   358,317
  94,000      Sands China Ltd. (Consumer Services)   364,364
  108,800      Wynn Macau Ltd. (Consumer Services)*   174,603
    

 

     897,284

 

 

 

Netherlands – 2.4%

  6,457      ASML Holding NV (Semiconductors & Semiconductor Equipment)(a)   2,384,774
  2,547      Just Eat Takeaway.com NV (Retailing)*(c)   285,128

 

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Netherlands – (continued)

  1,708      Koninklijke Ahold Delhaize NV (Food & Staples Retailing)   $         50,485
  1,888      Koninklijke DSM NV (Materials)   310,824
  46,739      Koninklijke KPN NV (Telecommunication Services)   109,665
  41,980      Royal Dutch Shell plc Class A (Energy)(a)   524,773
  86,152      Royal Dutch Shell plc Class B (Energy)   1,044,770
    

 

     4,710,419

 

 

 

New Zealand – 0.6%

  15,114      Fisher & Paykel Healthcare Corp. Ltd. (Health Care Equipment & Services)   333,574
  256,995      Spark New Zealand Ltd. (Telecommunication Services)   801,902
    

 

     1,135,476

 

 

 

Norway – 0.5%

  14,865      DNB ASA (Banks)   207,079
  58      Gjensidige Forsikring ASA (Insurance)   1,177
  9,167      Orkla ASA (Food, Beverage & Tobacco)   92,518
  17,663      Telenor ASA (Telecommunication Services)   296,540
  10,206      Yara International ASA (Materials)   392,724
    

 

     990,038

 

 

 

Portugal – 0.3%

  80,161      EDP - Energias de Portugal SA (Utilities)   394,146
  14,664      Galp Energia SGPS SA (Energy)   136,016
  1,352      Jeronimo Martins SGPS SA (Food & Staples Retailing)   21,741
    

 

     551,903

 

 

 

Russia – 0.2%

  104,182      Evraz plc (Materials)   463,911

 

 

 

Singapore – 1.0%

  2,800      City Developments Ltd. (Real Estate)   15,763
  58,300      DBS Group Holdings Ltd. (Banks)   857,089
  45,600      Keppel Corp. Ltd. (Capital Goods)   149,371
  27,900      Singapore Exchange Ltd. (Diversified Financials)   188,176
  211,200      Singapore Technologies Engineering Ltd. (Capital Goods)   538,205
  121,600      Singapore Telecommunications Ltd. (Telecommunication Services)   190,313
    

 

     1,938,917

 

 

 

South Africa – 0.0%

  2      Anglo American plc (Materials)   48

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Spain – 3.1%

  5,596      ACS Actividades de Construccion y Servicios SA (Capital Goods)   $         126,496
  169      Amadeus IT Group SA (Software & Services)   9,385
  26,583      Enagas SA (Utilities)   613,353
  101,367      Endesa SA (Utilities)(a)   2,711,365
  30,922      Ferrovial SA (Capital Goods)   751,108
  364,241      Mapfre SA (Insurance)   571,444
  8,298      Naturgy Energy Group SA (Utilities)   166,414
  45,811      Red Electrica Corp. SA (Utilities)   859,202
  57,354      Telefonica SA (Telecommunication Services)   196,470
    

 

     6,005,237

 

 

 

Sweden – 1.1%

  4,320      Atlas Copco AB Class A (Capital Goods)   205,972
  11,277      Atlas Copco AB Class B (Capital Goods)   470,634
  2,920      Boliden AB (Materials)   86,638
  8,614      Electrolux ABSeries B (Consumer Durables & Apparel)   200,800
  3,158      EQT AB (Diversified Financials)   61,280
  6,276      Hennes & Mauritz AB Class B (Retailing)   108,123
  2,714      Lundin Energy AB (Energy)   53,821
  247,525      Telia Co. AB (Telecommunication Services)   1,012,682
    

 

     2,199,950

 

 

 

Switzerland – 12.0%

  17,232      ABB Ltd. (Registered) (Capital Goods)   438,104
  17,824      Adecco Group AG (Registered) (Commercial & Professional Services)   940,490
  1,868      Banque Cantonale Vaudoise (Registered) (Banks)   189,567
  46,489      Clariant AG (Registered) (Materials)   917,094
  40,278      Coca-Cola HBC AG (Food, Beverage & Tobacco)   994,578
  358      EMS-Chemie Holding AG (Registered) (Materials)   321,651
  313      Geberit AG (Registered) (Capital Goods)   185,178
  17,849     

LafargeHolcim Ltd. (Registered)

(Materials)*

  812,479
  47,198      Nestle SA (Registered) (Food, Beverage & Tobacco)   5,617,130
  38,853      Novartis AG (Registered) (Pharmaceuticals, Biotechnology & Life Sciences)   3,373,385
  1,163      Partners Group Holding AG (Diversified Financials)   1,069,732
  9,484      Roche Holding AG (Pharmaceuticals, Biotechnology & Life Sciences)   3,248,655

 

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Switzerland – (continued)

  349      SGS SA (Registered) (Commercial & Professional Services)   $       935,264
  31,901      STMicroelectronics NV (Semiconductors & Semiconductor Equipment)   978,404
  103      Straumann Holding AG (Registered) (Health Care Equipment & Services)   104,195
  42,706      UBS Group AG (Registered) (Diversified Financials)   477,150
  7,814      Zurich Insurance Group AG (Insurance)   2,724,861
    

 

     23,327,917

 

 

 

United Kingdom – 11.2%

  31,958      AstraZeneca plc ADR (Pharmaceuticals, Biotechnology & Life Sciences)(a)(b)   1,751,298
  255,576      Aviva plc (Insurance)   945,564
  246,432      BAE Systems plc (Capital Goods)   1,530,469
  179,257      Barclays plc (Banks)   226,143
  49,299      BP plc ADR (Energy)(a)   860,761
  39,051      British American Tobacco plc (Food, Beverage & Tobacco)   1,400,811
  2,455      Coca-Cola European Partners plc (Food, Beverage & Tobacco)   95,279
  10,439      Compass Group plc (Consumer Services)   156,812
  13,945      Diageo plc (Food, Beverage & Tobacco)   478,993
  66,686      GlaxoSmithKline plc ADR (Pharmaceuticals, Biotechnology & Life Sciences)(a)   2,510,061
  386,987      HSBC Holdings plc (Banks)(a)   1,513,993
  14,235      Imperial Brands plc (Food, Beverage & Tobacco)   251,440
  133,695      M&G plc (Diversified Financials)   274,801
  40,758      National Grid plc (Utilities)   468,153
  30,474      Persimmon plc (Consumer Durables & Apparel)   971,158
  26,524      Prudential plc (Insurance)   380,575
  1,916      Reckitt Benckiser Group plc (Household & Personal Products)(a)   186,820
  17,073      RELX plc (Commercial & Professional Services)   380,012
  22,052      Segro plc (REIT)   265,011
  42,819      SSE plc (Utilities)   666,442
  9,344      St James’s Place plc (Diversified Financials)   112,412
  57,540      Unilever NV (Household & Personal Products)(a)   3,494,253
  23,892      Unilever plc ADR (Household & Personal Products)(a)(b)   1,473,659
  91,846      Vodafone Group plc ADR (Telecommunication Services)(a)   1,232,573
  7,360      Wm Morrison Supermarkets plc (Food & Staples Retailing)   16,155

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

United Kingdom – (continued)

  2,770      WPP plc (Media & Entertainment)   $          21,756
    

 

     21,665,404

 

 

 
TOTAL INVESTMENTS – 99.4%
(Cost $180,889,517)
  $ 192,694,289

 

 

 

OTHER ASSETS IN EXCESS OF
LIABILITIES – 0.6%

  1,239,474

 

 

 

NET ASSETS – 100.0%

  $ 193,933,763

 

 

The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.
*   Security is currently in default and/or non-income producing.
(a)   All or a portion of security is segregated as collateral for call options written.
(b)   All or a portion of security is segregated as collateral for initial margin requirements on futures transactions.
(c)   Exempt from registration under Rule 144A of the Securities Act of 1933.
(d)   Preference Shares are a special type of equity investment that shares in the earnings of the company, has limited voting rights, and receives a greater dividend than applicable Common Shares.
For information on the mutual funds, please call our toll-free Shareholder Services Line at 1-800-526-7384 or visit us on the web at www.GSAMFUNDS.com.

 

 

Investment Abbreviations:
ADR  

— American Depositary Receipt

FDR  

— Fiduciary Depositary Receipt

REIT  

— Real Estate Investment Trust

Currency Abbreviations:
EUR  

— Euro

GBP  

— British Pound

JPY  

— Japanese Yen

 

 


GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

 

ADDITIONAL INVESTMENT INFORMATION

 

 

FUTURES CONTRACTS — At September 30, 2020, the Fund had the following futures contracts:

 

Description      Number of
Contracts
    

Expiration

Date

     Notional
Amount
       Unrealized
Appreciation/
(Depreciation)
 

 

 

Long position contracts:

 

    

EURO STOXX 50 Index

     18      12/18/2020      $ 674,065        $ (25,467

FTSE 100 Index

     3      12/18/2020        226,127          (6,815

MSCI Singapore Index

     1      10/29/2020        20,710          (83

SPI 200 Index

     1      12/17/2020        103,892          (1,569

TOPIX Index

     2      12/10/2020        308,254          4,798  

 

 

Total Futures Contracts

 

     $ (29,136

 

 

WRITTEN OPTIONS CONTRACTS — At September 30, 2020, the Fund had the following written options contracts:

 

Description   Counterparty   Exercise
Price
    Expiration
Date
 

  Number of  

Contracts

  Notional
Amount
    Value     Premiums
Paid
(Received)
by the
Fund
    Unrealized
Appreciation/
Depreciation
 

 

 

Written options contracts:

 

     

Calls

 

     

EURO STOXX 50 Index

  Morgan Stanley Co., Inc.     3,375 EUR     12/18/2020   865   $ (27,624,727   $ (597,346   $ (1,093,780   $ 496,434  

FTSE 100 Index

      6,125 GBP     12/18/2020   117     (6,863,337     (178,146     (293,636     115,490  

Nikkei 225 Index

      23,500 JPY     12/11/2020   74     (1,715,698,880     (505,191     (554,601     49,410  

 

 

Total written options contracts

  1,056     $ (1,280,683   $ (1,942,017   $ 661,334  

 

 


GOLDMAN SACHS U.S. TAX-MANAGED EQUITY FUND

 

Schedule of Investments

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – 100.0%
 

Automobiles & Components – 1.1%

  164,726      General Motors Co.   $       4,874,242
  21,887      Gentex Corp.   563,590
  28,888      Tesla, Inc.*   12,393,241
    

 

     17,831,073

 

 

 

Banks – 2.6%

  87,484      Associated Banc-Corp.   1,104,048
  42,551      Bancorp, Inc. (The)*   367,641
  258,560      Bank of America Corp.   6,228,710
  144,004      Cadence Bancorp   1,236,994
  186,333      Citigroup, Inc.   8,032,816
  40,193      East West Bancorp, Inc.   1,315,919
  23,131      Essent Group Ltd.   856,078
  40,192      First Bancorp/PR   209,802
  32,891      Independent Bank Group, Inc.   1,453,124
  32,081      International Bancshares Corp.   836,031
  49,088      JPMorgan Chase & Co.   4,725,702
  80,240      MGIC Investment Corp.   710,927
  10,646      National Bank Holdings Corp. Class A   279,458
  5,253      PennyMac Financial Services, Inc.   305,304
  5,054      PNC Financial Services Group, Inc. (The)   555,485
  11,205      Popular, Inc.   406,405
  28,824      Radian Group, Inc.   421,119
  30,371      Signature Bank   2,520,489
  17,309      SVB Financial Group*   4,164,892
  13,919      TriState Capital Holdings, Inc.*   184,288
  29,639      Truist Financial Corp.   1,127,764
  63,332      US Bancorp   2,270,452
  27,264      Walker & Dunlop, Inc.   1,444,992
  78,455      Western Alliance Bancorp   2,480,747
    

 

     43,239,187

 

 

 

Capital Goods – 4.5%

  5,761      AGCO Corp.   427,869
  14,624      Allison Transmission Holdings, Inc.   513,887
  29,624      AMETEK, Inc.   2,944,626
  32,308      Emerson Electric Co.   2,118,435
  13,565      Fortive Corp.   1,033,789
  10,402      H&E Equipment Services, Inc.   204,503
  41,574      HD Supply Holdings, Inc.*   1,714,512
  65,250      Hexcel Corp.   2,189,137
  6,443      Honeywell International, Inc.   1,060,582
  97,597      Illinois Tool Works, Inc.   18,856,716
  96,928      Johnson Controls International plc   3,959,509
  26,377      L3Harris Technologies, Inc.   4,479,870
  12,408      Lockheed Martin Corp.   4,755,738
  235,811      Masco Corp.   13,000,260
  25,746      Navistar International Corp.*   1,120,981
  149,820      Raytheon Technologies Corp.   8,620,643
  1,370      RBC Bearings, Inc.*   166,058
  31,103      Rush Enterprises, Inc. Class A   1,571,946
  4,685      Simpson Manufacturing Co., Inc.   455,195
  30,166      Snap-on, Inc.   4,438,324
  2,989      Teledyne Technologies, Inc.*   927,218
    

 

     74,559,798

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Commercial & Professional Services – 1.2%

  11,341      Cimpress plc*(a)   $          852,390
  29,156      Cintas Corp.   9,703,991
  4,648      Clean Harbors, Inc.*   260,427
  40,870      CoreLogic, Inc.   2,765,673
  7,128      CoStar Group, Inc.*   6,048,179
  10,024      IAA, Inc.*   521,950
  13,972      KAR Auction Services, Inc.   201,197
    

 

     20,353,807

 

 

 

Consumer Durables & Apparel – 0.8%

  27,507      DR Horton, Inc.   2,080,354
  32,262      G-III Apparel Group Ltd.*   422,955
  38,036      Hanesbrands, Inc.   599,067
  130      NVR, Inc.*   530,806
  105,243      PulteGroup, Inc.   4,871,699
  5,701      Skechers USA, Inc. Class A*   172,284
  12,109      Whirlpool Corp.   2,226,724
  39,938      YETI Holdings, Inc.*   1,809,990
    

 

     12,713,879

 

 

 

Consumer Services – 4.1%

  18,628      Chipotle Mexican Grill, Inc.*   23,167,830
  5,090      Collectors Universe, Inc.   251,904
  36,282      Domino’s Pizza, Inc.   15,430,009
  33,403      frontdoor, Inc.*   1,299,711
  2,845      Graham Holdings Co. Class B   1,149,693
  161,586      International Game Technology plc   1,798,452
  62,232      Red Rock Resorts, Inc. Class A   1,064,167
  120,822      ServiceMaster Global Holdings, Inc.*   4,818,381
  102,575      Wingstop, Inc.   14,016,874
  49,027      Yum China Holdings, Inc.   2,595,980
  25,926      Yum! Brands, Inc.   2,367,044
    

 

     67,960,045

 

 

 

Diversified Financials – 5.3%

  90,429      Ally Financial, Inc.   2,267,055
  38,603      Berkshire Hathaway, Inc. Class B*   8,220,123
  25,114      CME Group, Inc.   4,201,823
  96,351      Discover Financial Services   5,567,161
  107,778      E*TRADE Financial Corp.   5,394,289
  19,961      Interactive Brokers Group, Inc. Class A   964,715
  35,277      Jefferies Financial Group, Inc.   634,986
  98,828      Ladder Capital Corp. (REIT)   703,655
  622      LendingTree, Inc.*   190,886
  1,859      LPL Financial Holdings, Inc.   142,529
  4,946      MarketAxess Holdings, Inc.   2,381,944
  70,299      Navient Corp.   594,027
  29,824      PennyMac Mortgage Investment Trust (REIT)   479,272
  62,760      S&P Global, Inc.   22,631,256
  267,593      Starwood Property Trust, Inc. (REIT)   4,037,978
  490,040      Synchrony Financial   12,824,347
  56,882      TPG RE Finance Trust, Inc. (REIT)   481,222
  333,356      Voya Financial, Inc.   15,977,753
    

 

     87,695,021

 

 

 


GOLDMAN SACHS U.S. TAX-MANAGED EQUITY FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Energy – 1.1%

  8,224      Cactus, Inc. Class A   $          157,819
  38,680      Chevron Corp.   2,784,960
  7,426      Core Laboratories NV   113,321
  52,235      EOG Resources, Inc.   1,877,326
  35,852      HollyFrontier Corp.   706,643
  34,116      Marathon Petroleum Corp.   1,000,963
  61,078      Matador Resources Co.*   504,504
  8,760      ONEOK, Inc.   227,585
  45,653      Pioneer Natural Resources Co.   3,925,701
  25,139      Renewable Energy Group, Inc.*   1,342,925
  103,628      Targa Resources Corp.   1,453,901
  81,900      TechnipFMC plc   516,789
  156,754      Williams Cos., Inc. (The)   3,080,216
    

 

     17,692,653

 

 

 

Food & Staples Retailing – 1.3%

  11,583      Casey’s General Stores, Inc.   2,057,720
  54,212      Costco Wholesale Corp.   19,245,260
  2,725      Walmart, Inc.   381,255
    

 

     21,684,235

 

 

 

Food, Beverage & Tobacco – 2.0%

  67,273      Archer-Daniels-Midland Co.   3,127,522
  7,580      Constellation Brands, Inc. Class A   1,436,486
  51,135      Darling Ingredients, Inc.*   1,842,394
  11,453      Freshpet, Inc.*   1,278,728
  35,242      Lamb Weston Holdings, Inc.   2,335,487
  9,833      Lancaster Colony Corp.   1,758,140
  213,411      Monster Beverage Corp.*   17,115,562
  52,541      Tyson Foods, Inc. Class A   3,125,139
    

 

     32,019,458

 

 

 

Health Care Equipment & Services – 6.8%

  3,020      Abbott Laboratories   328,667
  6,191      ABIOMED, Inc.*   1,715,278
  730      Align Technology, Inc.*   238,973
  53,424      Anthem, Inc.   14,349,152
  1,859      Chemed Corp.   892,971
  21,748      Cigna Corp.   3,684,329
  19,093      Dentsply Sirona, Inc.   834,937
  72,981      Edwards Lifesciences Corp.*   5,825,343
  145,456      HCA Healthcare, Inc.   18,135,454
  13,051      Henry Schein, Inc.*   767,138
  45,700      Hologic, Inc.*   3,037,679
  34,579      Humana, Inc.   14,311,902
  19,999      IDEXX Laboratories, Inc.*   7,861,807
  17,371      McKesson Corp.   2,587,063
  6,269      Molina Healthcare, Inc.*   1,147,478
  4,621      Quidel Corp.*   1,013,755
  1,283      STERIS plc   226,052
  9,035      Teladoc Health, Inc.*(a)   1,980,833
  943      Teleflex, Inc.   321,016
  47,957      UnitedHealth Group, Inc.   14,951,554
  52,873      Universal Health Services, Inc. Class B   5,658,468
  46,257      West Pharmaceutical Services, Inc.   12,716,049
    

 

     112,585,898

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Household & Personal Products – 1.4%

  15,887      Church & Dwight Co., Inc.   $       1,488,771
  135,610      Herbalife Nutrition Ltd.*   6,326,207
  110,150      Procter & Gamble Co. (The)   15,309,748
    

 

     23,124,726

 

 

 

Insurance – 1.7%

  79,383      American Equity Investment Life Holding Co.   1,745,632
  35,396      American Financial Group, Inc.   2,370,824
  7,842      Arch Capital Group Ltd.*   229,378
  59,191      Brighthouse Financial, Inc.*   1,592,830
  101,122      Fidelity National Financial, Inc.   3,166,130
  59,600      First American Financial Corp.   3,034,236
  22,700      Globe Life, Inc.   1,813,730
  9,425      Goosehead Insurance, Inc. Class A   816,111
  15,650      Marsh & McLennan Cos., Inc.   1,795,055
  33,874      Primerica, Inc.   3,832,504
  17,273      Reinsurance Group of America, Inc.   1,644,217
  75,315      Trupanion, Inc.*   5,942,354
    

 

     27,983,001

 

 

 

Materials – 3.6%

  4,937      Air Products and Chemicals, Inc.   1,470,535
  301,226      Amcor plc   3,328,547
  78,720      Avient Corp.   2,082,931
  319,536      Axalta Coating Systems Ltd.*   7,084,113
  98,594      CF Industries Holdings, Inc.   3,027,822
  53,802      Corteva, Inc.   1,550,036
  2,903      Crown Holdings, Inc.*   223,125
  8,601      Dow, Inc.   404,677
  71,308      Element Solutions, Inc.*   749,447
  85,354      Graphic Packaging Holding Co.   1,202,638
  16,346      Ingevity Corp.*   808,146
  191,930      Louisiana-Pacific Corp.   5,663,854
  65,745      Mosaic Co. (The)   1,201,161
  56,853      Olin Corp.   703,840
  19,665      Royal Gold, Inc.   2,363,143
  38,987      Sherwin-Williams Co. (The)   27,163,802
  6,280      Southern Copper Corp.   284,296
  35,299      Summit Materials, Inc. Class A*   583,846
    

 

     59,895,959

 

 

 

Media & Entertainment – 8.6%

  4,764      Activision Blizzard, Inc.   385,646
  16,330      Alphabet, Inc. Class A*   23,933,248
  15,750      Alphabet, Inc. Class C*   23,146,200
  12,147      Cardlytics, Inc.*   857,214
  94,443      Comcast Corp. Class A   4,368,933
  57,079      Electronic Arts, Inc.*   7,443,672
  4,968      EverQuote, Inc. Class A*   191,964
  106,950      Facebook, Inc. Class A*   28,010,205
  28,637      Liberty Broadband Corp. Class C*   4,091,368
  22,013      Lions Gate Entertainment Corp. Class B*   191,953
  17,336      Netflix, Inc.*   8,668,520
  26,985      Omnicom Group, Inc.   1,335,758
  237,143      Pinterest, Inc. Class A*   9,843,806
  11,855      Roku, Inc.*   2,238,224
  11,879      Spotify Technology SA*   2,881,489
  53,667      Take-Two Interactive Software, Inc.*   8,866,862
  1,618,527      Zynga, Inc. Class A*   14,760,966
    

 

     141,216,028

 

 

 


GOLDMAN SACHS U.S. TAX-MANAGED EQUITY FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Pharmaceuticals, Biotechnology & Life Sciences – 10.7%

  296,208      AbbVie, Inc.   $     25,944,859
  60,659      Alexion Pharmaceuticals, Inc.*   6,941,209
  16,914      Biogen, Inc.*   4,798,164
  7,726      Bluebird Bio, Inc.*   416,818
  102,157      Elanco Animal Health, Inc.*   2,853,245
  259,726      Horizon Therapeutics plc*   20,175,516
  25,392      Illumina, Inc.*   7,848,159
  2,455      Incyte Corp.*   220,312
  23,213      Innoviva, Inc.*   242,576
  7,809      IQVIA Holdings, Inc.*   1,230,933
  42,765      Jazz Pharmaceuticals plc*   6,097,861
  88,523      Johnson & Johnson   13,179,304
  48,751      Merck & Co., Inc.   4,043,895
  8,672      Mettler-Toledo International, Inc.*   8,374,984
  483,891      Mylan NV*   7,176,104
  117,248      PerkinElmer, Inc.   14,715,796
  6,218      Perrigo Co. plc   285,468
  128,361      Pfizer, Inc.   4,710,849
  22,821      Regeneron Pharmaceuticals, Inc.*   12,774,739
  8,738      Sage Therapeutics, Inc.*   534,067
  5,272      Sarepta Therapeutics, Inc.*   740,347
  3,494      Thermo Fisher Scientific, Inc.   1,542,671
  6,486      Twist Bioscience Corp.*   492,741
  72,037      Vertex Pharmaceuticals, Inc.*   19,602,708
  64,054      Zoetis, Inc.   10,592,610
    

 

     175,535,935

 

 

 

Real Estate Investment Trusts – 6.0%

  13,961      American Campus Communities, Inc.   487,518
  5,689      American Tower Corp.   1,375,202
  23,608      Brandywine Realty Trust   244,107
  34,316      Brixmor Property Group, Inc.   401,154
  24,905      Camden Property Trust   2,216,047
  20,365      CoreSite Realty Corp.   2,420,991
  7,029      Corporate Office Properties Trust   166,728
  65,457      CubeSmart   2,114,916
  13,665      CyrusOne, Inc.   956,960
  257,053      Duke Realty Corp.   9,485,256
  78,936      Equity LifeStyle Properties, Inc.   4,838,777
  3,161      Essex Property Trust, Inc.   634,697
  249,899      First Industrial Realty Trust, Inc.   9,945,980
  6,416      Gaming and Leisure Properties, Inc.   236,943
  476,005      Invitation Homes, Inc.   13,323,380

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Real Estate Investment Trusts – (continued)

  46,607      Lamar Advertising Co. Class A   $    3,083,985
  60,996      Mid-America Apartment Communities, Inc.   7,072,486
  47,187      Outfront Media, Inc.   686,571
  7,273      PotlatchDeltic Corp.   306,193
  3,931      PS Business Parks, Inc.   481,115
  20,916      QTS Realty Trust, Inc. Class A   1,318,126
  36,344      Retail Opportunity Investments Corp.   378,523
  93,086      Rexford Industrial Realty, Inc.   4,259,615
  96,618      Sabra Health Care REIT, Inc.   1,331,879
  50,073      SBA Communications Corp.   15,947,249
  152,293      SITE Centers Corp.   1,096,510
  43,352      STORE Capital Corp.   1,189,145
  39,338      Sun Communities, Inc.   5,531,316
  14,722      Terreno Realty Corp.   806,177
  45,708      Ventas, Inc.   1,917,908
  758,470      VEREIT, Inc.   4,930,198
    

 

     99,185,652

 

 

 

Retailing – 9.4%

  24,763      Amazon.com, Inc.*   77,972,001
  1,486      Asbury Automotive Group, Inc.*   144,811
  8,493      AutoNation, Inc.*   449,534
  2,286      AutoZone, Inc.*   2,692,085
  123,268      Dick’s Sporting Goods, Inc.   7,134,752
  24,580      Dollar General Corp.   5,152,460
  34,974      eBay, Inc.   1,822,145
  34,609      Home Depot, Inc. (The)   9,611,265
  108,585      Lowe’s Cos., Inc.   18,009,908
  1,541      MercadoLibre, Inc.*   1,668,102
  34,301      Murphy USA, Inc.*   4,399,789
  1,394      O’Reilly Automotive, Inc.*   642,746
  8,426      Penske Automotive Group, Inc.   401,583
  843      Stamps.com, Inc.*   203,121
  149,794      Target Corp.   23,580,571
    

 

     153,884,873

 

 

 

Semiconductors & Semiconductor Equipment – 4.0%

  218,165      Applied Materials, Inc.   12,969,909
  15,046      Inphi Corp.*   1,688,913
  31,784      Intel Corp.   1,645,775
  15,650      Lam Research Corp.   5,191,887
  61,648      NVIDIA Corp.   33,365,131
  13,204      Power Integrations, Inc.   731,502
  11,970      QUALCOMM, Inc.   1,408,630
  2,395      Teradyne, Inc.   190,307
  63,128      Texas Instruments, Inc.   9,014,047
    

 

     66,206,101

 

 

 


GOLDMAN SACHS U.S. TAX-MANAGED EQUITY FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Software & Services – 13.4%

  44,829      Adobe, Inc.*   $     21,985,487
  40,860      Black Knight, Inc.*   3,556,863
  21,888      Cadence Design Systems, Inc.*   2,333,917
  17,268      Citrix Systems, Inc.   2,377,976
  95,022      Cognizant Technology Solutions Corp. Class A   6,596,427
  5,074      EPAM Systems, Inc.*   1,640,323
  16,958      Fastly, Inc. Class A*   1,588,625
  20,345      FireEye, Inc.*   251,159
  7,263      FleetCor Technologies, Inc.*   1,729,320
  79,080      Fortinet, Inc.*   9,316,415
  8,663      Gartner, Inc.*   1,082,442
  63,133      International Business Machines Corp.   7,681,392
  3,182      Intuit, Inc.   1,038,000
  373,480      Microsoft Corp.   78,554,048
  37,008      Okta, Inc.*   7,914,161
  75,324      Oracle Corp.   4,496,843
  6,494      Palo Alto Networks, Inc.*   1,589,407
  169,376      PayPal Holdings, Inc.*   33,372,153
  5,663      Perficient, Inc.*   242,037
  25,756      Perspecta, Inc.   500,954
  5,399      ServiceNow, Inc.*   2,618,515
  1,609      Square, Inc. Class A*   261,543
  14,865      Twilio, Inc. Class A*   3,672,993
  37,114      VeriSign, Inc.*   7,602,803
  9,615      Visa, Inc. Class A   1,922,712
  78,001      Western Union Co. (The)   1,671,561
  27,322      Workday, Inc. Class A*   5,877,782
  4,250      Zoom Video Communications, Inc. Class A*   1,997,968
  43,289      Zscaler, Inc.*   6,090,329
    

 

     219,564,155

 

 

 

Technology Hardware & Equipment – 7.0%

  842,445      Apple, Inc.   97,563,555
  1,620      Arista Networks, Inc.*   335,227
  24,727      Cisco Systems, Inc.   973,997
  111,321     

Keysight Technologies, Inc.*

10,996,288

  6,357      National Instruments Corp.   226,945
  42,942      NetApp, Inc.   1,882,577
  5,934      SYNNEX Corp.   831,116
  135,115      TTM Technologies, Inc.*   1,541,662
    

 

     114,351,367

 

 

 

Telecommunication Services – 0.1%

  39,101      Cogent Communications Holdings, Inc.   2,348,015

 

 

 

Transportation – 2.1%

  31,353      CSX Corp.   2,435,188
  18,420      Norfolk Southern Corp.   3,941,696
  50,365      Old Dominion Freight Line, Inc.   9,112,036
  42,301      Ryder System, Inc.   1,786,794
  61,767      Union Pacific Corp.   12,160,069
  28,238      United Parcel Service, Inc. Class B   4,705,298
    

 

     34,141,081

 

 

 

Utilities – 1.2%

  43,619      CMS Energy Corp.   2,678,643
  35,130      DTE Energy Co.   4,041,355
  38,413      Entergy Corp.   3,784,833
  112,386      MDU Resources Group, Inc.   2,528,685

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Utilities – (continued)

  68,737      NRG Energy, Inc.   $       2,112,976
  50,963      Public Service Enterprise Group, Inc.   2,798,378
  85,592      Vistra Corp.   1,614,265
    

 

     19,559,135

 

 

 


TOTAL INVESTMENTS BEFORE SECURITIES

LENDING REINVESTMENT VEHICLE
(Cost $986,651,818)

  $1,645,331,082

 

 

 

  Securities Lending Reinvestment Vehicle(b) 0.1%
 

Goldman Sachs Financial Square Government Fund — Institutional
Shares

  2,112,125      0.027%   $       2,112,125
 

(Cost $2,112,125)

 

 

 

 
TOTAL INVESTMENTS – 100.1%
(Cost $988,763,943)
  $1,647,443,207

 

 

 

LIABILITIES IN EXCESS OF
OTHER ASSETS – (0.1)%

  (2,160,375)

 

 

  NET ASSETS – 100.0%   $1,645,282,832

 

 

The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets.
*   Security is currently in default and/or non-income producing.
(a)   All or a portion of security is on loan.
(b)   Represents an Affiliated Issuer.
For information on the mutual funds, please call our toll-free Shareholder Services Line at 1-800-526-7384 or visit us on the web at www.GSAMFUNDS.com.

 

 

Investment Abbreviation:
REIT  

— Real Estate Investment Trust

 

 


GOLDMAN SACHS INTERNATIONAL TAX-MANAGED EQUITY FUND

 

Schedule of Investments

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – 100.0%
 

Australia – 10.3%

  95,967      Adairs Ltd. (Retailing)   $       226,518
  80,226      ASX Ltd. (Diversified Financials)   4,690,466
  552,701      Aurizon Holdings Ltd. (Transportation)   1,700,314
  327,751      BHP Group plc (Materials)   6,992,291
  415,823      Brambles Ltd. (Commercial & Professional Services)   3,157,361
  167,225      Commonwealth Bank of Australia (Banks)   7,695,074
  624,018      Evolution Mining Ltd. (Materials)   2,606,796
  529,688      Fortescue Metals Group Ltd. (Materials)   6,222,790
  300,778      Goodman Group (REIT)   3,894,303
  297,507      Harvey Norman Holdings Ltd. (Retailing)   968,311
  51,179      JB Hi-Fi Ltd. (Retailing)   1,740,086
  66,874      Magellan Financial Group Ltd. (Diversified Financials)   2,758,151
  25,008      Newcrest Mining Ltd. (Materials)   567,080
  9,078      Premier Investments Ltd. (Retailing)   134,948
  1,699      REA Group Ltd. (Media & Entertainment)   135,289
  320,184      Regis Resources Ltd. (Materials)   1,163,944
  70,006      Rio Tinto Ltd. (Materials)   4,781,508
  124,163      Rio Tinto plc ADR (Materials)(a)   7,498,204
  151,209      Santos Ltd. (Energy)   534,643
  193,408      Sonic Healthcare Ltd. (Health Care Equipment & Services)   4,592,897
  177,657      Wesfarmers Ltd. (Retailing)   5,678,676
    

 

     67,739,650

 

 

 

Belgium – 0.3%

  14,673      D’ieteren SA/NV (Retailing)   912,303
  1,427      UCB SA (Pharmaceuticals, Biotechnology & Life Sciences)   162,070
  25,294      Warehouses De Pauw CVA (REIT)   920,477
    

 

     1,994,850

 

 

 

China – 1.0%

  40,000      Alibaba Health Information Technology Ltd. (Health Care Equipment & Services)*   98,363
  663,000      China Mengniu Dairy Co. Ltd. (Food, Beverage & Tobacco)*   3,127,202
  229,500      ENN Energy Holdings Ltd. (Utilities)   2,518,361
  640,000      Tingyi Cayman Islands Holding Corp. (Food, Beverage & Tobacco)   1,133,245
    

 

     6,877,171

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Denmark – 3.3%

  11,438      DSV PANALPINA A/S (Transportation)   $    1,855,280
  168,695      Novo Nordisk A/S Class B (Pharmaceuticals, Biotechnology & Life Sciences)   11,687,963
  9,175      Novozymes A/S Class B (Materials)   576,671
  10,594      Scandinavian Tobacco Group A/S Class A (Food, Beverage & Tobacco)(b)   156,899
  47,294      Vestas Wind Systems A/S (Capital Goods)   7,643,019
    

 

     21,919,832

 

 

 

Finland – 1.5%

  129,864      Neste OYJ (Energy)   6,838,604
  578,994      Nokia OYJ (Technology Hardware & Equipment)*   2,266,101
  11,349      Tokmanni Group Corp. (Retailing)   200,390
  33,656      Valmet OYJ (Capital Goods)   830,197
    

 

     10,135,292

 

 

 

France – 6.7%

  3,049      Albioma SA (Utilities)   158,545
  6,168      Alstom SA (Capital Goods)*   308,110
  29,426      Bouygues SA (Capital Goods)   1,016,855
  5,714      Christian Dior SE (Consumer Durables & Apparel)   2,343,736
  2,146      Gaztransport Et Technigaz SA (Energy)   204,648
  18,346      Gecina SA (REIT)   2,418,475
  127      Hermes International (Consumer Durables & Apparel)   109,379
  51,710      Legrand SA (Capital Goods)   4,118,667
  38,375      Rexel SA (Capital Goods)*   481,147
  13,049      Safran SA (Capital Goods)*   1,283,854
  71,634      Sanofi (Pharmaceuticals, Biotechnology & Life Sciences)   7,178,575
  18,483      Sartorius Stedim Biotech (Pharmaceuticals, Biotechnology & Life Sciences)   6,384,098
  74,570      Schneider Electric SE (Capital Goods)   9,268,971
  9,249      Teleperformance (Commercial & Professional Services)   2,851,487
  206,930      Vivendi SA (Media & Entertainment)   5,779,323
    

 

     43,905,870

 

 

 

Germany – 7.5%

  39,407      Allianz SE (Registered) (Insurance)   7,563,379
  26,951      Aurubis AG (Materials)   1,833,481
  38,748      Deutsche Boerse AG (Diversified Financials)   6,793,313
  154,330      Deutsche Post AG (Registered) (Transportation)   7,002,812
  1,676      Deutsche Wohnen SE (Real Estate)   83,765

 

 

 


GOLDMAN SACHS INTERNATIONAL TAX-MANAGED EQUITY FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Germany – (continued)

  16,737      DWS Group GmbH & Co. KGaA (Diversified Financials)*(b)   $       576,827
  1,171      Gerresheimer AG (Pharmaceuticals, Biotechnology & Life Sciences)   131,047
  24,549      Henkel AG & Co. KGaA (Preference) (Household & Personal Products)(c)   2,567,494
  6,080      Hornbach Holding AG & Co. KGaA (Retailing)   709,998
  36,144      Nemetschek SE (Software & Services)   2,641,811
  23,869      Porsche Automobil Holding SE (Preference) (Automobiles & Components)*,(c)   1,420,015
  53,087      Scout24 AG (Media & Entertainment)(b)   4,630,623
  80,448      Siemens AG (Registered) (Capital Goods)   10,159,706
  40,224      Siemens Energy AG (Utilities)*   1,084,694
  8,161      Siltronic AG (Semiconductors & Semiconductor Equipment)   731,156
  8,714      Volkswagen AG (Preference) (Automobiles & Components)(c)   1,402,181
    

 

     49,332,302

 

 

 

Hong Kong – 0.6%

  36,000      CLP Holdings Ltd. (Utilities)   336,141
  70,800      Hong Kong Exchanges & Clearing Ltd. (Diversified Financials)   3,332,803
  354,800      Man Wah Holdings Ltd. (Consumer Durables & Apparel)   475,202
    

 

     4,144,146

 

 

 

Israel – 0.6%

  190,911      Plus500 Ltd. (Diversified Financials)   3,859,124

 

 

 

Italy – 3.8%

  159,727      Azimut Holding SpA (Diversified Financials)   2,884,180
  17,152      Banca Generali SpA (Diversified Financials)   521,652
  29,081      Buzzi Unicem SpA (Materials)   675,655
  778,950      Enel SpA (Utilities)   6,758,104
  28,470      Ferrari NV (Automobiles & Components)   5,224,785
  1,638,249      Intesa Sanpaolo SpA (Banks)   3,082,234
  83,698      Poste Italiane SpA (Insurance)(b)   741,715
  182,792      Prysmian SpA (Capital Goods)   5,306,026
    

 

     25,194,351

 

 

 

Japan – 28.5%

  43,400      AGC, Inc. (Capital Goods)   1,275,502
  17,400      Alps Alpine Co. Ltd. (Technology Hardware & Equipment)   234,545
  2,100      Arata Corp. (Retailing)   104,820

 

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  10,300      Arcs Co. Ltd. (Food & Staples Retailing)   $       264,434
  77,100      Asahi Kasei Corp. (Materials)   672,592
  199,400      Astellas Pharma, Inc. (Pharmaceuticals, Biotechnology & Life Sciences)   2,972,375
  67,000      Autobacs Seven Co. Ltd. (Retailing)   872,679
  2,800      BayCurrent Consulting, Inc. (Commercial & Professional Services)   390,561
  76,100      Benesse Holdings, Inc. (Consumer Services)   1,958,731
  76,200      Chugai Pharmaceutical Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   3,419,512
  3,300      Create SD Holdings Co. Ltd. (Food & Staples Retailing)   115,782
  12,700      Daicel Corp. (Materials)   91,536
  323,400      Dai-ichi Life Holdings, Inc. (Insurance)   4,563,288
  4,900      Daikin Industries Ltd. (Capital Goods)   905,394
  252,400      DCM Holdings Co. Ltd. (Retailing)   3,477,578
  7,000      Denka Co. Ltd. (Materials)   213,143
  51,300      Dentsu Group, Inc. (Media & Entertainment)   1,514,197
  20,600      Doshisha Co. Ltd. (Retailing)   414,631
  1,200      Earth Corp. (Household & Personal Products)   89,379
  30,100      EDION Corp. (Retailing)   315,349
  10,800      FANUC Corp. (Capital Goods)   2,072,688
  3,600      FP Corp. (Materials)   151,631
  54,000      Fujitsu Ltd. (Software & Services)   7,377,354
  8,800      Furyu Corp. (Consumer Durables & Apparel)   100,006
  5,600      Glory Ltd. (Capital Goods)   125,561
  48,000      Gumi, Inc. (Media & Entertainment)   444,712
  7,500      Hikari Tsushin, Inc. (Retailing)   1,789,416
  4,000      Hitachi Capital Corp. (Diversified Financials)   94,053
  112,100      Hitachi Ltd. (Technology Hardware & Equipment)   3,795,645
  45,300      Hitachi Metals Ltd. (Materials)   698,530
  5,600      Hitachi Transport System Ltd. (Transportation)   177,389
  242,000      Honda Motor Co. Ltd. (Automobiles & Components)   5,746,843
  11,300      Hulic Co. Ltd. (Real Estate)   106,030
  3,100      Ibiden Co. Ltd. (Technology Hardware & Equipment)   105,639
  106,500      ITOCHU Corp. (Capital Goods)   2,727,022
  62,000      Izumi Co. Ltd. (Retailing)   2,260,766
  270,900      Japan Tobacco, Inc. (Food, Beverage & Tobacco)   4,942,242
  33,400      Kamigumi Co. Ltd. (Transportation)   658,159
  5,500      Kaneka Corp. (Materials)   154,082

 

 

 


GOLDMAN SACHS INTERNATIONAL TAX-MANAGED EQUITY FUND

 

Schedule of Investments (continued)

September 30, 2020 (Unaudited)

 

Shares      Description   Value
  Common Stocks – (continued)
 

Japan – (continued)

  117,400      Kansai Electric Power Co., Inc. (The) (Utilities)   $    1,137,828
  23,400      KDDI Corp. (Telecommunication Services)   588,546
  8,300      Koei Tecmo Holdings Co. Ltd. (Media & Entertainment)   400,428
  21,200      Kohnan Shoji Co. Ltd. (Retailing)   825,858
  14,700      Komeri Co. Ltd. (Retailing)   464,610
  67,200      Konami Holdings Corp. (Media & Entertainment)   2,906,970
  295,200      K’s Holdings Corp. (Retailing)   3,996,412
  7,100      Lion Corp. (Household & Personal Products)   145,757
  53,300      LIXIL Group Corp. (Capital Goods)   1,077,316
  91,500      M3, Inc. (Health Care Equipment & Services)   5,659,848
  828,300      Marubeni Corp. (Capital Goods)   4,702,595
  34,600      McDonald’s Holdings Co. Japan Ltd. (Consumer Services)   1,682,874
  20,100      MINEBEA MITSUMI, Inc. (Capital Goods)   382,870
  125,400      Mitsubishi Chemical Holdings Corp. (Materials)   723,857
  395,200      Mitsubishi Electric Corp. (Capital Goods)   5,362,551
  43,300      Mitsubishi Materials Corp. (Materials)   853,303
  19,300      Mynet, Inc. (Media & Entertainment)*   274,443
  10,600      NEC Corp. (Software & Services)   620,034
  235,800      Nexon Co. Ltd. (Media & Entertainment)   5,881,742
  9,900      NGK Spark Plug Co. Ltd. (Automobiles & Components)   172,857
  24,400      Nihon M&A Center, Inc. (Commercial & Professional Services)   1,395,909
  13,800      Nintendo Co. Ltd. (Media & Entertainment)   7,820,339
  86,700      Nipro Corp. (Health Care Equipment & Services)   1,012,272
  17,900      Nitori Holdings Co. Ltd. (Retailing)   3,713,389
  75,100      Nitto Denko Corp. (Materials)   4,892,672
  217,700      Nomura Research Institute Ltd. (Software & Services)   6,410,067
  41,200      Omron Corp. (Technology Hardware & Equipment)   3,221,268
  37,000      Ono Pharmaceutical Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   1,163,793
  7,300      Otsuka Corp. (Software & Services)   373,040
  14,300      Otsuka Holdings Co. Ltd. (Pharmaceuticals, Biotechnology & Life Sciences)   605,824