Goldman Sachs bought Alibaba heavily in the second quarter and withdrew from the financial sector
According to the 13F document of Goldman Sachs in the second quarter, the bank bought 5.87 million Alibaba shares in the second quarter, making Alibaba its fifth largest holding stock. In addition, technology stocks such as apple, Facebook and Tesla also received a significant increase. As of the second quarter, Goldman's top five positions were S & P 500 ETF, apple, Microsoft, ASUS Russell 2000 ETF and Alibaba.
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