GSAGX Holdings — Goldman Sachs China Equity Fund
Data updated: 2026-09-24
GSAGX holds 76 securities. The top 10 make up 40.8% of net assets, led by Tencent Holdings Ltd. Hkd0.00002 (9.78%) and Alibaba Group Holding Ltd. Usd0.000003125 (7.25%). Financials (19.3%) and Information Technology (18.4%) are the largest sectors, and 68.5% of the portfolio is in China. No debt holdings are reported.
Holdings cover 99.87% of net asset value (98.94% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
GSAGX Portfolio Holdings
76 holdings of Goldman Sachs China Equity Fund by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Tencent Holdings Ltd. Hkd0.00002 | 700 | Communication Services | 9.78% | $3.36M |
| Alibaba Group Holding Ltd. Usd0.000003125 | 9988 | Consumer Discretionary | 7.25% | $2.49M |
| Contemporary Amperex Technology Co. Ltd. 'a' Cny1 | 300750 | Industrials | 3.82% | $1.31M |
| China Construction Bank Corp. 'h'cny1 | 939 | Financials | 3.54% | $1.22M |
| Kweichow Moutai Company Ltd. 'a'cny1 | 600519 | Consumer Staples | 3.50% | $1.20M |
| China Construction Bank Corp. 'a'cny1 | 601939 | Financials | 3.06% | $1.05M |
| Zijin Mining Group Co. Ltd. 'h'cny0.1 | 2899 | Materials | 2.79% | $959.59K |
| Zhongji Innolight Co. Ltd. 'a'cny1 | 300308 | Information Technology | 2.60% | $891.56K |
| Sigenergy Technology Co. Ltd. Cny0.1 H | 6656 | Industrials | 2.28% | $783.83K |
| Petrochina Company Ltd. 'h'cny1 | 857 | Energy | 2.21% | $760.93K |
| Chaozhou Three Circle Group Co. Ltd. Cny1 H | 6951 | Information Technology | 2.04% | $702.37K |
| China Merchants Bank Company Ltd. 'a'cny1 | 600036 | Financials | 2.00% | $685.71K |
| Cambricon Technologies Corp. Ltd. A Cny1 | 688256 | Information Technology | 1.70% | $585.24K |
| Bank of Ningbo Co. Ltd. 'a'cny1 | 002142 | Financials | 1.67% | $573.51K |
| China Yangtze Power Co. Ltd. 'a'cny1 | 600900 | Utilities | 1.67% | $572.97K |
| Wuxi Apptec Co. Ltd. Cny1 H | 2359 | Health Care | 1.66% | $570.68K |
| Citic Securities Company Ltd. 'a' Cny1 | 600030 | Financials | 1.59% | $545.09K |
| Netease, Inc. Usd0.0001 | 9999 | Information Technology | 1.53% | $524.14K |
| Naura Technology Group Co. Ltd. 'a'cny1 | 002371 | Industrials | 1.43% | $491.35K |
| Jiangsu Hengli Hydraulic Co. Ltd. 'a'cny1 | 601100 | Industrials | 1.42% | $486.49K |
| Beone Medicines Ltd. Usd0.0001 (switzerland) | 6160 | Health Care | 1.36% | $467.21K |
| Bank of Jiangsu Co. Ltd. A Cny1 | 600919 | Financials | 1.34% | $461.12K |
| Citic Securities Company Ltd. 'h'cny1 | 6030 | Financials | 1.34% | $459.05K |
| Jiangsu Hengrui Pharmaceuticals Co. Ltd. 'a'cny1 | 600276 | Health Care | 1.31% | $451.74K |
| Sieyuan Electric Co. Ltd. 'a'cny1 | 002028 | Industrials | 1.31% | $451.66K |
| Meituan LLC Usd0.00001 B Class | 3690 | Consumer Discretionary | 1.31% | $449.71K |
| Picc Property & Casualty Company Ltd. 'h'cny1 | 2328 | Financials | 1.25% | $429.93K |
| Byd Company Ltd. 'h'cny1 | 1211 | Industrials | 1.18% | $406.46K |
| Ping An Insurance (group) Company of China Ltd. 'h' Cny1 | 2318 | Financials | 1.16% | $399.69K |
| Midea Group Co. Ltd. A Cny1 | 000333 | Consumer Discretionary | 1.15% | $394.27K |
| Advanced Micro-Fabrication Equipment, Inc. A Cny1 | 688012 | Industrials | 1.14% | $391.08K |
| Ping An Insurance (group) Company of China Ltd. 'a'cny1 | 601318 | Financials | 1.08% | $371.76K |
| Foxconn Industrial Internet Co. Ltd. A Cny1 | 601138 | Information Technology | 1.08% | $369.97K |
| Anta Sports Products Ltd. Hkd0.10 | 2020 | Consumer Discretionary | 1.06% | $364.33K |
| China Merchants Bank Company Ltd. 'h'cny1 | 3968 | Financials | 1.03% | $353.60K |
| Baidu, Inc. Usd0.000000625 A Class | 9888 | Information Technology | 1.03% | $352.55K |
| Qinghai Salt Lake Industry Co. Ltd. 'a'cny1 | 000792 | Materials | 1.02% | $348.94K |
| Yum China Holdings Inc.com | 9987 | Consumer Discretionary | 1.00% | $343.54K |
| Sany Heavy Industry Co. Ltd. 'a'cny1 | 600031 | Industrials | 0.98% | $337.23K |
| Wus Printed Circuit (kunshan)co Ltd. 'a'cny1 | 002463 | Information Technology | 0.98% | $336.11K |
| Shenzhen Inovance Technology Co. Ltd. 'a'cny1 | 300124 | Industrials | 0.97% | $333.96K |
| Montage Technology Co. Ltd. A Cny1 | 688008 | Information Technology | 0.96% | $331.55K |
| Inner Mongolia Yili Industrial Group Company Ltd. 'a'cny1 | 600887 | Consumer Staples | 0.93% | $319.55K |
| Chroma Ate, Inc. Twd10 | 2360 | Information Technology | 0.91% | $314.13K |
| Byd Company Ltd. 'a'cny1 | 002594 | Consumer Discretionary | 0.89% | $306.22K |
| Hangzhou Changchuan Technology Co. Ltd. A Cny1 | 300604 | Information Technology | 0.88% | $303.11K |
| Luxshare Precision Industry Co. Ltd. 'a'cny1 | 002475 | Information Technology | 0.86% | $294.64K |
| Elite Material Company Ltd. Twd10 | 2383 | Information Technology | 0.84% | $287.11K |
| Hubei Dinglong Co. Ltd. 'a'cny1 | 300054 | Industrials | 0.80% | $275.88K |
| China Resources Mixc Lifestyle Services Ltd. Usd0.00001 | 1209 | Real Estate | 0.78% | $268.54K |
| Yunnan Aluminium Co. Ltd. 'a'cny1 | 000807 | Materials | 0.75% | $256.63K |
| Minth Group Ltd. Hkd0.1 | 425 | Consumer Discretionary | 0.70% | $241.23K |
| China Resources Land Ltd. Ord Hkd0.10 | 1109 | Real Estate | 0.69% | $236.91K |
| Zto Express (cayman), Inc. Usd0.0001 A Class | 2057 | Industrials | 0.67% | $229.74K |
| Anji Microelectronics Technology (shanghai) Co. Ltd. A Cny1 | 688019 | Information Technology | 0.60% | $207.43K |
| Circuit Fabology Microelectronics Equipment Co. Ltd. A Cny1 | 688630 | Information Technology | 0.55% | $189.73K |
| Sg Micro Corp. A Cny1 | 300661 | Information Technology | 0.54% | $186.73K |
| Zijin Gold International Co. Ltd. Npv | 2259 | Materials | 0.51% | $175.61K |
| H World Group Ltd. Usd0.00001 | 1179 | Consumer Discretionary | 0.50% | $173.33K |
| Anker Innovations Technology Co. Ltd. Cny1 H | 668 | Information Technology | 0.50% | $172.21K |
| Shenzhen Han S Cnc Technology Co. Ltd. A Cny1 | 301200 | Industrials | 0.47% | $162.00K |
| Giga Device Semiconductor, Inc. A Cny1 | 603986 | Information Technology | 0.44% | $150.77K |
| Dongyue Group Ltd. Hkd0.1 | 189 | Materials | 0.43% | $148.01K |
| Insilico Medicine Cayman Topco Usd0.0000005 | 3696 | Health Care | 0.42% | $145.74K |
| H World Group Ltd. Sponsored ADS | HTHT | Consumer Discretionary | 0.38% | $129.48K |
| Mao Geping Cosmetics Co. Ltd. Cny0.5 H | 1318 | Consumer Staples | 0.37% | $127.35K |
| Hubei Xingfa Chemicals Group Co. Ltd. 'a'cny1 | 600141 | Materials | 0.35% | $119.72K |
| Cosco Shipping Energy Transportation Co. Ltd. 'a'cny1 | 600026 | Industrials | 0.28% | $97.19K |
| Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd. Cny1 H | 6990 | Health Care | 0.23% | $79.93K |
| Shanghai Top Numerical Control Technology Co. Ltd. Cny0.1 H | 7688 | Industrials | 0.22% | $75.69K |
| Anker Innovations Technology Co. Ltd. A Cny1 | 300866 | Information Technology | 0.19% | $66.86K |
| Shanghai Conant Optical Co. Ltd. Cny1 H | 2276 | Information Technology | 0.14% | $46.76K |
| Cosco Shipping Energy Transportation Co. Ltd. 'h'cny1 | 1138 | Industrials | 0.12% | $42.57K |
| East Money Information Co. Ltd. 'a'cny1 | 300059 | Financials | 0.12% | $41.77K |
| Momenta Global Ltd. Usd0.00025 A | 6880 | Equity — Other | 0.10% | $35.55K |
| Hong Kong Exchanges and Clearing Ltd. Npv | 388 | Financials | 0.08% | $26.10K |
GSAGX Sector Allocation
Goldman Sachs China Equity Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Financials | 19.3% | 13 |
| Information Technology | 18.4% | 19 |
| Industrials | 17.1% | 15 |
| Consumer Discretionary | 14.3% | 9 |
| Communication Services | 9.8% | 1 |
| Materials | 5.9% | 6 |
| Health Care | 5.0% | 5 |
| Consumer Staples | 4.8% | 3 |
| Energy | 2.2% | 1 |
| Utilities | 1.7% | 1 |
| Real Estate | 1.5% | 2 |
| Equity — Other | 0.1% | 1 |
GSAGX Country Allocation
Where Goldman Sachs China Equity Fund's holdings are domiciled, by percentage of net assets (largest 6).
| Country | % of net assets |
|---|---|
| China | 68.5% |
| Cayman Islands | 25.9% |
| Taiwan | 1.8% |
| Switzerland | 1.4% |
| Hong Kong SAR China | 1.3% |
| United States | 1.0% |
GSAGX Portfolio Allocation
Asset-class allocation of Goldman Sachs China Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
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.