Mirae Asset Securities (Usa) 13F: Exits GS Stake

Mirae Asset Securities (Usa) closed out its entire stake in The Goldman Sachs Group, Inc. (NYSE: GS), selling all 12,529 shares it held. The move was revealed in a Form 13F institutional holdings report filed with the SEC on October 15, 2026. Because 13F filings look backward at the previous quarter, this update shows the fund's holdings at that time and may not reflect its current portfolio.

Inside Mirae Asset Securities's Goldman Sachs Trade

The fund parted ways with the entirety of its 12,529 shares, resulting in a complete exit. This zeroed out a position that previously stood at 12,529 shares. Institutional filings like this one capture portfolio changes made over the course of the quarter, though they do not disclose the exact transaction prices or dates for individual trades.

Other Institutional Activity in Goldman Sachs

Other large institutional investors made mixed adjustments to their positions in the banking giant around the same reporting period. Blackrock Inc. grew its holdings by reducing them 88,760 shares, ending with 23,900,376 shares worth about $21,062,445,587.0. State Street Corporation reduced its holdings by 425,558 shares, ending with 18,830,464 shares worth about $16,594,534,888.0. Vanguard Capital Management LLC grew its holdings by 38,613 shares, ending with 18,425,670 shares worth about $16,237,806,124.0. JPMORGAN CHASE & CO grew its holdings by 823,317 shares, ending with 8,039,070 shares worth about $7,084,510,906.0. Vanguard Portfolio Management LLC grew its holdings by 7,208 shares, ending with 7,215,421 shares worth about $6,358,661,980.0.

The Goldman Sachs Group, Inc. Stock Up 0.1%

The stock recently traded around $879.74 as of October 16, 2026. That puts the shares below their 50-day moving average and below their 52-week high of $1153.99. Analysts tracking the company maintain a consensus hold rating with a mean price target of $1037.90.

Recent Earnings

The firm brought in trailing-twelve-month revenue of $71,036,002,304.0 with a net profit margin of 31.2%. Its return on equity stood at 17.8%, alongside diluted earnings of $69.55 per share over the same period. The company's next earnings report is scheduled for January 19, 2027.

Dividend

The company pays an annual dividend yielding 2.24%, supported by a dividend payout ratio of 26.2%.

Insider Buying and Selling at The Goldman Sachs Group, Inc.

Company insiders also made transactions prior to the filing. Chief Financial Officer Denis P. Coleman sold 6,857 shares on May 14, 2026, with a total value of $6,675,613.0. Officer Ericka T Leslie sold 250 shares valued at $287,951.0 on July 15, 2026, followed by a sale of 175 shares worth $184,445.0 on August 4, 2026, and another sale of 600 shares at a price of $1033.80 totaling $620,280.0 on August 28, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 6, 2026, BMO Capital maintained its Market Perform rating and set a $970.0 target. TD Cowen initiated coverage on October 8, 2026, with a Buy rating and a $1050.0 price target. Citigroup maintained a Neutral rating with a $1000.0 target on October 14, 2026. Keefe, Bruyette & Woods maintained a Market Perform rating and set a $1100.0 target on October 14, 2026. RBC Capital maintained a Sector Perform rating with a $1010.0 target on October 14, 2026.

About Goldman Sachs

Headquartered in New York, The Goldman Sachs Group, Inc. operates as a global financial institution serving corporations, financial institutions, governments, and individuals. It provides investment banking, asset management, and wealth management services across its primary business segments.

Bottom Line

Mirae Asset's decision to close out its position removes Goldman Sachs from the fund's portfolio. Investors will look to the next earnings release on January 19, 2027, for further details on the company's financial trajectory. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.