GEMWX Holdings — Goldman Sachs Emerging Markets Equity Ex. China Fund
Data updated: 2026-03-31
GEMWX holds 107 securities. The top 10 make up 44.3% of net assets, led by Taiwan Semiconductor Manufacturing Co (17.98%) and Samsung Electronics Co (7.98%). Information Technology (41.9%) and Financials (24.5%) are the largest sectors, and 27.8% of the portfolio is in Taiwan. No debt holdings are reported.
Holdings cover 99.75% of net asset value (98.52% of total assets; remainder is cash and receivables). As of January 31, 2026 · N-PORT.
GEMWX Portfolio Holdings
107 holdings of Goldman Sachs Emerging Markets Equity Ex. China Fund by percentage of net assets, from the fund's SEC N-PORT filing as of January 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 107.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 2330 | Information Technology | 17.98% | $2.27M |
| Samsung Electronics Co Ltd | 005930 | Information Technology | 7.98% | $1.01M |
| SK hynix Inc | 000660 | Information Technology | 4.04% | $509.49K |
| NU Holdings Ltd/Cayman Islands | NU | Financials | 2.30% | $290.21K |
| SK Square Co Ltd | 402340 | Equity — Other | 2.28% | $288.11K |
| Wheaton Precious Metals Corp | WPM | Materials | 2.25% | $283.92K |
| Delta Electronics Inc | 2308 | Industrials | 2.12% | $267.14K |
| KB Financial Group Inc | 105560 | Financials | 2.02% | $255.25K |
| ICICI Bank Ltd | ICICIBC | Financials | 1.74% | $219.53K |
| Infosys Ltd | INFO | Information Technology | 1.57% | $197.68K |
| Piraeus Bank SA | TPEIR | Financials | 1.48% | $186.82K |
| Al Rajhi Bank | RJHI | Financials | 1.36% | $171.42K |
| MediaTek Inc | 2454 | Information Technology | 1.32% | $166.41K |
| Elite Material Co Ltd | 2383 | Information Technology | 1.29% | $162.73K |
| Kia Corp | 000270 | Consumer Discretionary | 1.20% | $151.84K |
| Eternal Ltd | ETERNAL | Consumer Discretionary | 1.17% | $147.89K |
| Southern Copper Corp | SCCO | Materials | 1.12% | $141.22K |
| Accton Technology Corp | 2345 | Information Technology | 1.11% | $139.85K |
| Saudi National Bank/The | SNB | Financials | 1.10% | $138.31K |
| Axis Bank Ltd | AXSB | Financials | 1.04% | $131.17K |
| Credicorp Ltd | BAP | Financials | 1.02% | $129.17K |
| FirstRand Ltd | FSR | Financials | 1.01% | $126.93K |
| Capitec Bank Holdings Ltd | CPI | Financials | 0.99% | $125.39K |
| MercadoLibre Inc | MELI | Consumer Discretionary | 0.99% | $124.57K |
| Chroma ATE Inc | 2360 | Information Technology | 0.97% | $122.83K |
| Itau Unibanco Holding SA | ITUB4 | Financials | 0.97% | $122.27K |
| Bharti Airtel Ltd | BHARTI | Communication Services | 0.96% | $121.54K |
| ASE Technology Holding Co Ltd | 3711 | Information Technology | 0.96% | $120.86K |
| OTP Bank Nyrt | OTP | Financials | 0.95% | $119.54K |
| Samsung Biologics Co Ltd | 207940 | Health Care | 0.90% | $113.60K |
| Sea Ltd | SE | Industrials | 0.89% | $112.41K |
| Powszechna Kasa Oszczednosci Bank Polski SA | PKO | Financials | 0.89% | $111.61K |
| Aselsan Elektronik Sanayi Ve Ticaret AS | ASELS | Industrials | 0.82% | $103.26K |
| SBI Life Insurance Co Ltd | SBILIFE | Financials | 0.77% | $96.56K |
| TVS Motor Co Ltd | TVSL | Consumer Discretionary | 0.75% | $94.87K |
| Bajaj Finance Ltd | BAF | Financials | 0.75% | $94.30K |
| Navin Fluorine International Ltd | NFIL | Materials | 0.74% | $93.49K |
| Grupo Financiero Banorte SAB de CV | GFNORTEO | Financials | 0.74% | $92.70K |
| Halyk Savings Bank of Kazakhstan JSC | 37QB | Financials | 0.73% | $92.19K |
| Raia Drogasil SA | RADL3 | Consumer Staples | 0.72% | $90.22K |
| Lotes Co Ltd | 3533 | Information Technology | 0.71% | $90.07K |
| Sun Pharmaceutical Industries Ltd | SUNP | Health Care | 0.71% | $89.44K |
| Jentech Precision Industrial Co Ltd | 3653 | Industrials | 0.70% | $88.60K |
| Axia Energia | AXIA3 | Utilities | 0.69% | $86.78K |
| Old Mutual Ltd | OMU | Financials | 0.68% | $85.65K |
| Nova Ljubljanska Banka dd | NLB | Financials | 0.68% | $85.48K |
| Tata Consumer Products Ltd | TATACONS | Consumer Staples | 0.67% | $84.17K |
| Apollo Hospitals Enterprise Ltd | APHS | Health Care | 0.61% | $76.49K |
| LG Energy Solution Ltd | 373220 | Industrials | 0.58% | $72.84K |
| Prologis Property Mexico SA de CV | FIBRAPL | Real Estate | 0.58% | $72.76K |
| Tata Steel Ltd | TATA | Materials | 0.58% | $72.56K |
| Coforge Ltd | COFORGE | Information Technology | 0.57% | $72.51K |
| Pepkor Holdings Ltd | PPH | Consumer Discretionary | 0.57% | $71.83K |
| Clicks Group Ltd | CLS | Consumer Staples | 0.54% | $67.58K |
| Hindalco Industries Ltd | HNDL | Materials | 0.53% | $66.66K |
| Torrent Pharmaceuticals Ltd | TRP | Health Care | 0.51% | $64.90K |
| Abu Dhabi Islamic Bank PJSC | ADIB | Financials | 0.51% | $64.05K |
| Arca Continental SAB de CV | AC* | Consumer Staples | 0.48% | $61.16K |
| Bank Central Asia Tbk PT | BBCA | Financials | 0.48% | $61.02K |
| Jumbo SA | BELA | Consumer Discretionary | 0.48% | $60.88K |
| Samsung Heavy Industries Co Ltd | 010140 | Industrials | 0.48% | $60.57K |
| LG CNS Co Ltd | 064400 | Information Technology | 0.46% | $58.51K |
| Cognizant Technology Solutions Corp | CTSH | Information Technology | 0.46% | $57.44K |
| Almarai Co JSC | ALMARAI | Consumer Staples | 0.43% | $54.78K |
| Godrej Consumer Products Ltd | GCPL | Consumer Staples | 0.43% | $53.97K |
| Dino Polska SA | DNP | Consumer Staples | 0.43% | $53.61K |
| Hyundai Rotem Co Ltd | 064350 | Industrials | 0.42% | $53.56K |
| Godrej Properties Ltd | GPL | Real Estate | 0.42% | $52.66K |
| Grasim Industries Ltd | GRASIM | Materials | 0.42% | $52.51K |
| Aldar Properties PJSC | ALDAR | Real Estate | 0.42% | $52.41K |
| Physicswallah Ltd | PWL | Consumer Discretionary | 0.41% | $51.51K |
| Amber Enterprises India Ltd | AMBER | Consumer Discretionary | 0.39% | $49.49K |
| Rasan Information Technology Co | RASAN | Information Technology | 0.38% | $48.30K |
| 360 ONE WAM Ltd | 360ONE | Financials | 0.38% | $47.83K |
| NCSoft Corp | 036570 | Communication Services | 0.37% | $46.51K |
| Computer Age Management Services Ltd | CAMS | Information Technology | 0.37% | $46.24K |
| Far EasTone Telecommunications Co Ltd | 4904 | Communication Services | 0.36% | $45.01K |
| NAC Kazatomprom JSC | KAP | Energy | 0.35% | $44.70K |
| SAI Life Sciences Ltd | SAILIFE | Health Care | 0.35% | $43.78K |
| IsuPetasys Co Ltd | 007660 | Information Technology | 0.34% | $43.29K |
| Home First Finance Co India Ltd | HOMEFIRS | Financials | 0.34% | $42.56K |
| Monde Nissin Corp | MONDE | Consumer Staples | 0.34% | $42.53K |
| Tata Capital Ltd | TATACAP | Financials | 0.33% | $41.53K |
| Nien Made Enterprise Co Ltd | 8464 | Consumer Discretionary | 0.32% | $40.48K |
| Map Aktif Adiperkasa PT | MAPA | Consumer Discretionary | 0.32% | $39.95K |
| Info Edge India Ltd | INFOE | Information Technology | 0.30% | $38.33K |
| BDO Unibank Inc | BDO | Financials | 0.30% | $37.88K |
| MakeMyTrip Ltd | MMYT | Consumer Discretionary | 0.29% | $36.99K |
| Elm Co | ELM | Information Technology | 0.29% | $36.20K |
| Caixa Seguridade Participacoes S/A | CXSE3 | Financials | 0.28% | $34.87K |
| Akzo Nobel India Ltd | AKZO | Materials | 0.27% | $34.52K |
| Jollibee Foods Corp | JFC | Consumer Discretionary | 0.24% | $30.56K |
| PicS NV | PICS | Financials | 0.24% | $29.83K |
| Suzlon Energy Ltd | SUEL | Industrials | 0.23% | $29.00K |
| Netweb Technologies India Ltd | NETWEB | Information Technology | 0.21% | $26.79K |
| Dixon Technologies India Ltd | DIXON | Information Technology | 0.21% | $26.72K |
| I-Scream Media Co Ltd | 461300 | Communication Services | 0.19% | $24.45K |
| Gokaldas Exports Ltd | GEXP | Consumer Discretionary | 0.17% | $21.81K |
| Airports of Thailand PCL | AOT/F | Industrials | 0.16% | $19.80K |
| Kfin Technologies Ltd | KFINTECH | Information Technology | 0.15% | $18.99K |
GEMWX Sector Allocation
Goldman Sachs Emerging Markets Equity Ex. China Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Information Technology | 41.9% | 22 |
| Financials | 24.5% | 30 |
| Consumer Discretionary | 7.3% | 13 |
| Industrials | 6.4% | 9 |
| Materials | 6.1% | 8 |
| Consumer Staples | 4.0% | 8 |
| Health Care | 3.1% | 5 |
| Equity — Other | 2.3% | 1 |
| Communication Services | 1.9% | 4 |
| Real Estate | 1.4% | 3 |
| Utilities | 0.7% | 2 |
| Energy | 0.4% | 1 |
| Preferred Equity | 0.0% | 1 |
GEMWX Country Allocation
Where Goldman Sachs Emerging Markets Equity Ex. China Fund's holdings are domiciled, by percentage of net assets (largest 15).
| Country | % of net assets |
|---|---|
| Taiwan | 27.8% |
| South Korea | 21.3% |
| India | 19.8% |
| Brazil | 5.0% |
| South Africa | 3.8% |
| Saudi Arabia | 3.6% |
| Canada | 2.2% |
| Greece | 2.0% |
| United States | 1.8% |
| Mexico | 1.8% |
| Poland | 1.4% |
| Kazakhstan | 1.1% |
| Peru | 1.0% |
| Uruguay | 1.0% |
| Indonesia | 0.9% |
GEMWX Portfolio Allocation
Asset-class allocation of Goldman Sachs Emerging Markets Equity Ex. China Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.