ClearBridge Value Strategy Sold its Holdings in The Goldman Sachs Group (GS) in Q1

ClearBridge Investments, an investment management company, released its “ClearBridge Value Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the strategy underperformed its Russell 1000 Value benchmark, driven by detractors in the energy and financials, which overcame contributions from overweight to energy and underweight to IT. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its first quarter 2025 investor letter, ClearBridge Value Strategy emphasized stocks such as The Goldman Sachs Group, Inc. (NYSE:GS). Founded in 1869, The Goldman Sachs Group, Inc. (NYSE:GS) is a financial institution that operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The one-month return of The Goldman Sachs Group, Inc. (NYSE:GS) was -13.72%, and its shares gained 15.34% of their value over the last 52 weeks. On April 8, 2025, The Goldman Sachs Group, Inc. (NYSE:GS) stock closed at $462.22 per share with a market capitalization of $143.65 billion.

ClearBridge Value Strategy stated the following regarding The Goldman Sachs Group, Inc. (NYSE:GS) in its Q1 2025 investor letter:

“Our largest sell was The Goldman Sachs Group, Inc. (NYSE:GS) relatively early in the quarter, as expectations for an increased capital market cycle under the new Trump administration brought its share price in line with our assessment of fair value.”

The Goldman Sachs Group, Inc. (NYSE:GS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 81 hedge fund portfolios held The Goldman Sachs Group, Inc. (NYSE:GS) at the end of the fourth quarter compared to 72 in the third quarter. The Goldman Sachs Group, Inc. (NYSE:GS) reported net revenues of $13.9 billion EPS of $11.95, and ROE of 14.6% and ROTE of 15.5% in the fourth quarter of 2024. While we acknowledge the potential of The Goldman Sachs Group, Inc. (NYSE:GS) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

We covered The Goldman Sachs Group, Inc. (NYSE:GS) in another article, where we shared Nightview Capital’s views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.