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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs High Yield Floating Rate Fund</name>
        <lei>20OHG0KU8S4HBIU77D72</lei>
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        <balance>143416.18900000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>N/A</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goldman Sachs Managed Futures Strategy Fund</name>
        <lei>3J24L49YUVS4LPAV0F85</lei>
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        <cusip>38150C879</cusip>
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          <isin value="US38150C8799"/>
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        <balance>263893.71400000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="ABAB7B4"/>
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        <balance>39.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                <issuerName>N/A</issuerName>
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            <shareNo>250000.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-14340.53</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Goldman Sachs Absolute Return Tracker Fund</name>
        <lei>DKFEL85SJZHUKV0SC582</lei>
        <title>Goldman Sachs Absolute Return Tracker Fund, Class R6</title>
        <cusip>38147X325</cusip>
        <identifiers>
          <isin value="US38147X3254"/>
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        <balance>154311.48200000</balance>
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        <curCd>USD</curCd>
        <valUSD>1499907.61000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Sedol" value="AB5F305"/>
          <other otherDesc="Option Ticker" value="EDM1C 98.000 Comdty"/>
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        <balance>10.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="Inhouse Sedol" value="AB62788"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MSCI Emerging Markets E-Mini Index</title>
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          <other otherDesc="Inhouse Sedol" value="MESH0ID"/>
          <other otherDesc="Future Ticker" value="MESH0 Index"/>
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        <balance>11.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14352.01000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE Clear US</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>MSCI Emerging Markets E-Mini Index</indexName>
                <indexIdentifier>MXEF Index</indexIdentifier>
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            <expDate>2020-03-20</expDate>
            <notionalAmt>616110</notionalAmt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="ACAB11E"/>
          <other otherDesc="Option Ticker" value="EDZ0C 97.500 Comdty"/>
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        <balance>5.00000000</balance>
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        <curCd>USD</curCd>
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        <pctVal>0.056150670707</pctVal>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <unrealizedAppr>6231.44</unrealizedAppr>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="AB4CA39"/>
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        <balance>43.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="ESH0IDX"/>
          <other otherDesc="Future Ticker" value="ESH0 Index"/>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <indexName>S&amp;P 500 E-Mini Index</indexName>
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            <expDate>2020-03-20</expDate>
            <notionalAmt>646220</notionalAmt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ProShares Short VIX Short-Term Futures ETF</name>
        <lei>549300Q4G1Z8K7HCIM83</lei>
        <title>ProShares Short VIX Short-Term Futures ETF</title>
        <cusip>74347W130</cusip>
        <identifiers>
          <isin value="US74347W1302"/>
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        <balance>5295.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>345392.85000000</valUSD>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="294078"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Sedol" value="AB8DDF6"/>
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        <balance>37.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35150.00000000</valUSD>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <putOrCall>Call</putOrCall>
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                <issuerName>N/A</issuerName>
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            <shareNo>250000.00000000</shareNo>
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            <expDt>2021-09-13</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-9823.38</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>3 Month Eurodollar</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="AD435FA"/>
          <other otherDesc="Option Ticker" value="EDU0C 97.500 Comdty"/>
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        <balance>5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>10812.50000000</valUSD>
        <pctVal>0.055193557002</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CME Clearing House</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>N/A</issuerName>
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            <shareNo>250000.00000000</shareNo>
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            <expDt>2020-09-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>6931.21</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Emerging Markets Debt Fund</name>
        <lei>XC6LIVZDLLKYZ7FKO621</lei>
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          <isin value="US38148U8826"/>
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        <balance>144071.26200000</balance>
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        <curCd>USD</curCd>
        <valUSD>1789365.07000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>3 Month Eurodollar</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Sedol" value="AC86C92"/>
          <other otherDesc="Option Ticker" value="EDM0C 98.500 Comdty"/>
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        <balance>5.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>406.25000000</valUSD>
        <pctVal>0.002073746361</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CME Clearing House</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <otherRefInst>
                <issuerName>N/A</issuerName>
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            <shareNo>250000.00000000</shareNo>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-06-15</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-2105.35</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="AB56C54"/>
          <other otherDesc="Option Ticker" value="EDU1C 97.000 Comdty"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7187.50000000</valUSD>
        <pctVal>0.036689358701</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CME Clearing House</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <ticker value="EDU1 Comdty"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>250000.00000000</shareNo>
            <exercisePrice>97</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2021-09-13</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2282.86</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs High Yield Fund</name>
        <lei>VJJ3YDJ4UOKOJN1I8J86</lei>
        <title>Goldman Sachs High Yield Fund, Class R6</title>
        <cusip>38148U874</cusip>
        <identifiers>
          <isin value="US38148U8743"/>
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        <balance>156788.72600000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020694.61000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>3 Month Eurodollar</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="7D3688W"/>
          <other otherDesc="Option Ticker" value="EDZ0C 98.000 Comdty"/>
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        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2012.50000000</valUSD>
        <pctVal>0.010273020436</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CME Clearing House</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                <issuerName>N/A</issuerName>
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            <shareNo>250000.00000000</shareNo>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-12-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-1017.14</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Financial Square Funds - Government Fund</name>
        <lei>549300BRJMXN4GUWZ402</lei>
        <title>Goldman Sachs Financial Square Government Fund - Institutional Shares</title>
        <cusip>996195939</cusip>
        <identifiers>
          <other otherDesc="CUSIP" value="996195939"/>
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        <balance>300150.58000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300150.58000000</valUSD>
        <pctVal>1.532150580029</pctVal>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="300150.58" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Strategic Income Fund</name>
        <lei>MM4EWHH604XFXV8H1O93</lei>
        <title>Goldman Sachs Strategic Income Fund, Class R6</title>
        <cusip>38147X531</cusip>
        <identifiers>
          <isin value="US38147X5317"/>
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        <balance>201251.96900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1863593.23000000</valUSD>
        <pctVal>9.512909980995</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Financial Square Funds - Government Fund</name>
        <lei>549300BRJMXN4GUWZ402</lei>
        <title>Goldman Sachs Financial Square Government Fund - Institutional Shares</title>
        <cusip>38141W273</cusip>
        <identifiers>
          <isin value="US38141W2733"/>
        </identifiers>
        <balance>1172175.04000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1172175.04000000</valUSD>
        <pctVal>5.983492243900</pctVal>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Real Estate Securities Fund</name>
        <lei>1GAMKCZUEVIL7Z1KAW65</lei>
        <title>Goldman Sachs Real Estate Securities Fund, Class R6</title>
        <cusip>38147X275</cusip>
        <identifiers>
          <isin value="US38147X2751"/>
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        <balance>44153.45100000</balance>
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        <valUSD>610642.23000000</valUSD>
        <pctVal>3.117088252453</pctVal>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Alternative Premia Fund</name>
        <lei>YGM3X126LEZ2PQHVW654</lei>
        <title>Goldman Sachs Alternative Premia Fund, Class R6</title>
        <cusip>38147X291</cusip>
        <identifiers>
          <isin value="US38147X2918"/>
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        <balance>112719.84900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>920921.17000000</valUSD>
        <pctVal>4.700940124043</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Tactical Tilt Overlay Fund</name>
        <lei>N/A</lei>
        <title>Goldman Sachs Tactical Tilt Overlay Fund, Class R6</title>
        <cusip>38148U155</cusip>
        <identifiers>
          <isin value="US38148U1557"/>
        </identifiers>
        <balance>303179.20200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2925679.30000000</valUSD>
        <pctVal>14.93444136098</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>3 Month Eurodollar</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="AD54C56"/>
          <other otherDesc="Option Ticker" value="EDH0C 98.500 Comdty"/>
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        <balance>8.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>150.00000000</valUSD>
        <pctVal>0.000765690964</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CME Clearing House</counterpartyName>
              <counterpartyLei>LCZ7XYGSLJUHFXXNXD88</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <ticker value="EDH0 Comdty"/>
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            </descRefInstrmnt>
            <shareNo>250000.00000000</shareNo>
            <exercisePrice>98.5</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-03-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-2568.56</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Variable Insurance Trust</ncom:nameOfApplicant>
      <ncom:signature>Peter Fortner</ncom:signature>
      <ncom:signerName>Peter Fortner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
