NPORT-P false 0000822977 XXXXXXXX S000009314 C000058959 C000025448 C000025451 C000161531 C000025449 C000201783 C000058960 C000025447 GOLDMAN SACHS TRUST 811-05349 0000822977 S2FHCT8U6D2VORP0J605 71 SOUTH WACKER DRIVE C/O GOLDMAN SACHS & CO CHICAGO 60606 312-655-4400 Goldman Sachs Balanced Strategy Portfolio S000009314 5493006EIK6TMNDMB826 2021-12-31 2021-12-31 N 615613414.30 563805.37 615049608.93 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 11107785.34000000 N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC 3433.48000000 0.000558244400 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 11475000.00000000 SEK 1274135.99000000 USD 2022-03-16 3433.48000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -32554.62000000 -0.00529300718 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 10160000.00000000 EUR 11552842.53000000 USD 2022-03-16 -32554.62000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC 147075.46000000 0.023912780020 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 937000000.00000000 JPY 8298118.73000000 USD 2022-03-16 147075.46000000 N N N Goldman Sachs Emerging Markets Equity Insights Fund 549300UHNMO4HOGWYU58 38147X259 1825488.52400000 NS USD 17743748.45000000 2.884929636955 Long EC RF US N 1 N N N Goldman Sachs Global Real Estate Securities Fund 549300IV19H0UGZG5L86 38148U718 554401.96200000 NS USD 7002096.78000000 1.138460488119 Long EC RF US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -4073.03000000 -0.00066222788 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 510000.00000000 SGD 374232.00000000 USD 2022-03-16 -4073.03000000 N N N Goldman Sachs Core Fixed Income Fund 2NJKQB9WFS0RLSFC6S95 38147X333 1570645.85400000 NS USD 17104333.35000000 2.780968088046 Long EC RF US N 1 N N N Goldman Sachs Short Duration Bond Fund 5K6BNCLRUJN03ZJ21072 38147X564 1155244.40500000 NS USD 11667968.49000000 1.897077621152 Long EC RF US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 128.00000000 NC USD 118400.00000000 0.019250479681 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 128.00000000 NC N/A 118400.00000000 0.02000000 DIR US Long CME 3 Month Eurodollar EDZ2 Comdty 2022-12-19 128.00000000 USD 2500.00000000 98.75000000 USD 2022-12-19 XXXX -296.96000000 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 132.00000000 NC USD 99825.00000000 0.016230398093 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 132.00000000 NC N/A 99825.00000000 0.02000000 DIR US Long CME 3 Month Eurodollar EDU2 Comdty 2022-09-19 132.00000000 USD 2500.00000000 99.00000000 USD 2022-09-19 XXXX -1131.24000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -2668.02000000 -0.00043378939 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 5820000.00000000 DKK 889758.47000000 USD 2022-03-16 -2668.02000000 N N N Goldman Sachs High Yield Fund VJJ3YDJ4UOKOJN1I8J86 38148U874 886787.41100000 NS USD 5702043.05000000 0.927086688164 Long EC RF US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC 598.18000000 0.000097257195 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 8630000.00000000 HKD 1107505.69000000 USD 2022-03-16 598.18000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC 27.86000000 0.000004529715 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 120000.00000000 NZD 82114.08000000 USD 2022-03-16 27.86000000 N N N Goldman Sachs Global Infrastructure Fund 54930073G57DO7G34278 38148U775 808153.61800000 NS USD 10861584.63000000 1.765968870201 Long EC RF US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 46.00000000 NC USD 114425.00000000 0.018604190351 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 46.00000000 NC N/A 114425.00000000 0.02000000 DIR US Long CME 3 Month Eurodollar EDZ2 Comdty 2022-12-19 46.00000000 USD 2500.00000000 98.00000000 USD 2022-12-19 XXXX -106.72000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -38878.49000000 -0.00632119579 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 3440000.00000000 AUD 2464391.58000000 USD 2022-03-16 -38878.49000000 N N N Goldman Sachs Inflation Protected Securities Fund 4OEORIROX7OTX3PIXA40 38147X580 496440.20600000 NS USD 5818279.21000000 0.945985352323 Long EC RF US N 1 N N N Goldman Sachs Alternative Premia Fund YGM3X126LEZ2PQHVW654 38147X291 1855328.94600000 NS USD 12467810.52000000 2.027122745706 Long EC RF US N 1 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 183.00000000 NC USD 137935.04000000 0.022426652744 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 10 Year US Treasury Note TYH2 COMDTY 2022-03-22 23714971.21000000 USD 137935.04000000 N N N Goldman Sachs Local Emerging Markets Debt Fund 58SWL44ZGT3G71LAHX23 38145L174 19889.97600000 NS USD 106411.37000000 0.017301266183 Long EC RF US N 1 N N N Goldman Sachs Financial Square Government Fund 549300BRJMXN4GUWZ402 38141W273 34000000.00000000 NS USD 34000000.00000000 5.528009368081 Long EC RF US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 134.00000000 NC USD 660874.60000000 0.107450617056 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-Mini Standard & Poor's 500 Index Future ESH2 INDEX 2022-03-18 31221075.40000000 USD 660874.60000000 N N N Goldman Sachs International Small Cap Insights Fund 549300VMLASEOM8ZWE07 38147X234 904054.01200000 NS USD 12503066.99000000 2.032855042660 Long EC RF US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 384.00000000 NC USD 216000.00000000 0.035119118338 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 384.00000000 NC N/A 216000.00000000 0.04000000 DIR US Long CME 3 Month Eurodollar EDZ2 Comdty 2022-12-19 384.00000000 USD 2500.00000000 99.00000000 USD 2022-12-19 XXXX -330823.68000000 N N N Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 549300HE2W614QP0GH20 381430503 625350.00000000 NS USD 59495799.00000000 9.673333359808 Long EC RF US N 1 N N N Goldman Sachs Global Core Fixed Income S7AVHSYYPK5PCOCQSV77 38147X549 12657435.50100000 NS USD 160749430.86000000 26.13601057964 Long EC RF US N 1 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 96.00000000 NC USD 241800.00000000 0.039313901917 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 96.00000000 NC N/A 241800.00000000 0.04000000 DIR US Long CME 3 Month Eurodollar EDM3 Comdty 2023-06-19 96.00000000 USD 2500.00000000 97.75000000 USD 2023-06-19 XXXX -149700.98000000 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -5577.97000000 -0.00090691383 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 2000000.00000000 NOK 221204.19000000 USD 2022-03-16 -5577.97000000 N N N Goldman Sachs Tactical Tilt Overlay Fund N/A 38148U155 2807393.45700000 NS USD 28803856.87000000 4.683176194536 Long EC RF US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -1444.20000000 -0.00023481032 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 400000.00000000 ILS 127304.29000000 USD 2022-03-16 -1444.20000000 N N N Goldman Sachs Emerging Markets Debt Fund XC6LIVZDLLKYZ7FKO621 38148U882 1142303.74600000 NS USD 13673375.84000000 2.223133815788 Long EC RF US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -25447.79000000 -0.00413751827 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 3280000.00000000 CHF 3581376.41000000 USD 2022-03-16 -25447.79000000 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 172.00000000 NC USD 474075.00000000 0.077079148269 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 172.00000000 NC N/A 474075.00000000 0.08000000 DIR US Long CME 3 Month Eurodollar EDH3 Comdty 2023-03-13 172.00000000 USD 2500.00000000 97.75000000 USD 2023-03-13 XXXX -146162.67000000 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 48.00000000 NC USD 115800.00000000 0.018827749553 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 48.00000000 NC N/A 115800.00000000 0.02000000 DIR US Long CME 3 Month Eurodollar EDU2 Comdty 2022-09-19 48.00000000 USD 2500.00000000 98.25000000 USD 2022-09-19 XXXX 1088.64000000 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 94.00000000 NC USD 101050.00000000 0.016429569018 N/A DIR US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Call Purchased Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 N/A 94.00000000 NC N/A 101050.00000000 0.02000000 DIR US Long CME 3 Month Eurodollar EDM2 Comdty 2022-06-13 94.00000000 USD 2500.00000000 99.00000000 USD 2022-06-13 XXXX 2131.92000000 N N N Goldman Sachs Access Investment Grade Corporate Bond Etf 549300KGVZT18SX98G95 381430479 1022389.00000000 NS USD 55301021.01000000 8.991310653169 Long EC RF US N 1 N N N Goldman Sachs Dynamic Global Equity Fund 784F5XWPLTWKTBV3E584 38148U403 3784323.18400000 NS USD 87569238.48000000 14.23775207862 Long EC RF US N 1 N N N Goldman Sachs International Equity Insights Fund RP210Q47MZG236IVQP58 38147X242 2190999.32500000 NS USD 31550390.28000000 5.129730971602 Long EC RF US N 1 N N N Goldman Sachs High Yield Floating Rate Fund 20OHG0KU8S4HBIU77D72 38145L166 683191.74500000 NS USD 6394674.73000000 1.039700641566 Long EC RF US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC -67387.04000000 -0.01095635848 N/A DFE US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 3770000.00000000 GBP 5033771.86000000 USD 2022-03-16 -67387.04000000 N N N GOLDMAN SACHS TR S2FHCT8U6D2VORP0J605 38150C879 1647985.29200000 NS USD 16809449.98000000 2.733023440051 Long EC RF US N 1 N N N 2022-01-28 GOLDMAN SACHS TRUST Peter Fortner Peter Fortner Vice President