Goldman Sachs Variable Insurance Trust Growth Opportunities Fund
Data updated: 2026-08-26
C000128923 — Goldman Sachs Variable Insurance Trust Growth Opportunities Fund. Holdings, fees, performance and SEC filings.
C000128923 Fund Overview
Goldman Sachs Variable Insurance Trust Growth Opportunities Fund is a US mutual fund managed by Goldman Sachs Variable Insurance Trust, categorised as United States Mid Cap Growth Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Goldman Sachs Variable Insurance Trust
- Category: United States Mid Cap Growth Financials Equity
- Assets under management: $73.57M
- 1-year return: 14.4%
- SEC CIK: 0001046292
- SEC series ID: S000009360
- Share class ID: C000128923
C000128923 Investment Objective and Strategy
Goldman Sachs Variable Insurance Trust Growth Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Goldman Sachs Variable Insurance Trust.
Investment objective
The Goldman Sachs Mid Cap Growth Fund (the Fund) seeks long-term growth of capital.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in a diversified portfolio of equity investments in mid-cap issuers. Mid-cap issuers are companies with middle market capitalizations which are generally within the capitalization range of the Russell Midcap Growth Index at the time of investment. As of December 1, 2025, the capitalization range of the Russell Midcap Growth Index was between $1 billion and $100 billion; however, this capitalization range will change over time and with market conditions. The Fund may also invest in securities outside of the then-existing mid-cap issuer capitalization range of companies constituting the Russell Midcap Growth Index at the time of investment.
Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (emerging countries) and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. The Funds fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities.
The Investment Adviser may integrate environmental, social and governance (ESG) factors alongside traditional fundamental factors as part of its fundamental research process. No one factor or consideration is determinative in the stock selection process. The Investment Adviser may decide to sell a position for various reasons, including when a companys fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Funds definition of a mid-cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions. The Investment Adviser measures the Funds performance against the Russell Midcap Growth Index.
C000128923 Holdings
Top 10 holdings of Goldman Sachs Variable Insurance Trust Growth Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Datadog, Inc. | 3.87% |
| Cloudflare, Inc. | 3.61% |
| Cencora, Inc. | 3.33% |
| Axon Enterprise, Inc. | 3.02% |
| Goldman Sachs Trust | 2.84% |
| Vistra Corp. | 2.78% |
| Snowflake, Inc. | 2.72% |
| Live Nation Entertainment, Inc. | 2.56% |
| Credo Technology Group Holding Ltd. | 2.46% |
| Comfort Systems USA, Inc. | 2.38% |
C000128923 Portfolio Allocation
Asset-class allocation of Goldman Sachs Variable Insurance Trust Growth Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.3% |
| Cash & Equivalents | 2.8% |
C000128923 Performance
Total returns for C000128923 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 17.1% |
| 1 year | 14.4% |
| 3 years (annualised) | 16.9% |
| 5 years (annualised) | 6.9% |
C000128923 Risk Information
Risk metrics for C000128923, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.5%
C000128923 Costs and Fees
C000128923 costs about $83 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.83%
- Gross expense ratio: 1.24%
- Portfolio turnover: 83%
- Brokerage commissions: 4.04 bps of average net assets (SEC N-CEN)
C000128923 Cashflows
Over the 12 months to 2026-06, Goldman Sachs Variable Insurance Trust Growth Opportunities Fund had net inflows of $9.39M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $540.00K |
| 2026-05 | $1.94M |
| 2026-04 | $397.16K |
| 2026-03 | −$2.22M |
| 2026-02 | −$780.20K |
| 2026-01 | $20.13K |
C000128923 Debt Constituents
No individual debt constituents are reported in Goldman Sachs Variable Insurance Trust Growth Opportunities Fund's latest SEC N-PORT filing.
C000128923 Prospectus and SEC Filings
Official Goldman Sachs Variable Insurance Trust Growth Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Mid Cap Growth Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.