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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>Goldman Sachs High Yield Fund</name>
        <lei>VJJ3YDJ4UOKOJN1I8J86</lei>
        <title>Goldman Sachs High Yield Fund</title>
        <cusip>38148U874</cusip>
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          <isin value="US38148U8743"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Goldman Sachs Global Infrastructure Fund</name>
        <lei>54930073G57DO7G34278</lei>
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        <cusip>38148U775</cusip>
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          <isin value="US38148U7752"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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        <balance>76.00000000</balance>
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      <invstOrSec>
        <name>Goldman Sachs Inflation Protected Securities Fund</name>
        <lei>4OEORIROX7OTX3PIXA40</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goldman Sachs Alternative Premia Fund</name>
        <lei>YGM3X126LEZ2PQHVW654</lei>
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        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>Goldman Sachs Local Emerging Markets Debt Fund</name>
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        <name>Goldman Sachs Financial Square Government Fund</name>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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        <name>Goldman Sachs International Small Cap Insights Fund</name>
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        <name>Chicago Mercantile Exchange</name>
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        <cusip>38148U403</cusip>
        <identifiers>
          <isin value="US38148U4031"/>
        </identifiers>
        <balance>8659154.59900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200372837.42000000</valUSD>
        <pctVal>19.58424944966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <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>Goldman Sachs International Equity Insights Fund</name>
        <lei>RP210Q47MZG236IVQP58</lei>
        <title>Goldman Sachs International Equity Insights Fund</title>
        <cusip>38147X242</cusip>
        <identifiers>
          <isin value="US38147X2421"/>
        </identifiers>
        <balance>5872704.04000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84566938.18000000</valUSD>
        <pctVal>8.265491639666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <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>Goldman Sachs High Yield Floating Rate Fund</name>
        <lei>20OHG0KU8S4HBIU77D72</lei>
        <title>Goldman Sachs High Yield Floating Rate Fund</title>
        <cusip>38145L166</cusip>
        <identifiers>
          <isin value="US38145L1668"/>
        </identifiers>
        <balance>996643.57300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9328583.84000000</valUSD>
        <pctVal>0.911766860653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <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>GOLDMAN SACHS TR</name>
        <lei>S2FHCT8U6D2VORP0J605</lei>
        <title>GOLDMAN SACHS TR MUTUAL FUND</title>
        <cusip>38150C879</cusip>
        <identifiers>
          <isin value="US38150C8799"/>
        </identifiers>
        <balance>2383714.26100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24313885.46000000</valUSD>
        <pctVal>2.376415905819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <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>MORGAN STANLEY &amp; CO. LLC</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>PURCHASED USD / SOLD AUD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Trade Identifier" value="21LAKBB0SX7"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.37420250"/>
        <valUSD>-68828.50000000</valUSD>
        <pctVal>-0.00672723174</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <amtCurSold>6090000.00000000</amtCurSold>
            <curSold>AUD</curSold>
            <amtCurPur>4362832.76000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2022-03-16</settlementDt>
            <unrealizedAppr>-68828.50000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-01-28</ncom:dateSigned>
      <ncom:nameOfApplicant>GOLDMAN SACHS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Peter Fortner</ncom:signature>
      <ncom:signerName>Peter Fortner</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
