Goldman Sachs Large Cap Growth Insights Fund
GLCGX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 71 South Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Apr 30, 1997
- CIK
- 0000822977
- Website
- am.gs.com
- Similar Companies
- Business
- Goldman Sachs Large Cap Growth Insights Fund (GLCGX) is an open-end mutual fund that seeks long-term capital growth through a diversified portfolio of large-capitalization U.S. equity securities, including select foreign issuers traded in the United States; it employs a quantitative investment strategy leveraging four core pillars—Fundamental Mispricings, High-Quality Business Models, Sentiment Analysis, and Themes and Trends—to identify growth opportunities in issuers exhibiting strong economic linkages, sustainable revenues, aligned management incentives, and emerging market trends. The fund offers multiple share classes, including Class A (GLCGX) with a front-end load of 5.50%, minimum initial investment of $1,000, and net expense ratio of 0.92%; Class C (GLCCX); Institutional Class (GCGIX) with a lower expense ratio of 0.56%; and others such as Class IR (GLCTX), R6 (GLCUX), R (GLCRX), and S (GSCLX), catering to retail, institutional, and advisor clients primarily in the United States. Its portfolio, comprising approximately 90 holdings as of Q3 2025, emphasizes technology (48.01% sector weight), consumer cyclical (15.17%), and communication services (13.93%), with top positions in Microsoft Corp. (11.52%), Apple Inc. (11.94%), NVIDIA Corp. (8.97%), Amazon.com Inc. (6.40%), and Alphabet Inc. (4.44%); assets under management total approximately $1.62 billion across classes. Launched on May 1, 1997, and domiciled in the United States, the fund is managed by Goldman Sachs Asset Management L.P., a division of Goldman Sachs Group Inc., with a team led by Len Ioffe (since 2011), Osman Ali (since 2012), Dennis Walsh (since 2013), Takashi Suwabe (since 2021), and Sharanya Srinivasan (since 2024); it benchmarks against the Russell 1000 Growth Index and maintains a high portfolio turnover of around 206%. Geographically, the fund allocates 99.93% to U.S. stocks and minimal exposure (0.07%) to non-U.S. stocks, primarily in Latin America, targeting large-growth investors seeking exposure to high-conviction quantitative equity strategies within the Morningstar Large Growth category. In recent developments, the fund delivered a 10.56% return in Q3 2025, slightly outperforming its benchmark by 5 basis points, driven by overweight positions in industrials (trading/distributors and construction/engineering) amid lower interest rates and onshoring trends, alongside contributions from high-quality media/services firms benefiting from AI advancements; year-to-date through Q3, it returned 22.16%. Over the past 1-2 years, Goldman Sachs Asset Management has pursued strategic expansion in asset management, notably announcing in November 2025 the $2 billion acquisition of Innovator Capital Management, a provider of outcome-based ETFs, expected to close in Q2 2026 and add over $28 billion in assets under supervision, enhancing ETF capabilities complementary to equity funds like GLCGX; this follows resilient performance amid market volatility, with 5-year annualized returns of 16.47% for the Institutional class. No fund-specific acquisitions, launches, or manager overhauls were reported in the period, with ongoing emphasis on quantitative model refinements for sector selection and stock picking in technology, industrials, and communication services.