Partners Increase Stake in Goldman Sachs
Goldman Sachs' partners increased their stake notably in the firm last month, a Goldman filing with the SEC reveals. As of Nov. 25, the company's 407 partners held a collective 12.7% of the company. This represents a rise of nearly 1.5 percentage points from October's figure.
Although the percentage of ownership has risen, the number of partners is down by 31 from February of this year. Goldman's list is closely watched, as it is considered an indicator of the state of the investment banking industry's health. The company is the only publicly traded investment bank to identify its partners.
The article Partners Increase Stake in Goldman Sachs originally appeared on Fool.com.Eric Volkman has no positions in Goldman Sachs. The Motley Fool has no positions in Goldman Sachs. Motley Fool newsletter services recommend Goldman Sachs Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.