Is Goldman Sachs Group (GS) the best stock to buy, according to billionaire Chris Locos?
Recently I published a list Best stock to buy according to billionaire Chris Locos. In this article, we’ll look at where the Goldman Sachs Group (NYSE:GS) plays against other best stocks, according to billionaire Chris Locos.
Chris Locos is a highly respected UK hedge fund manager who co-founded Brevan Howard Asset Management in 2002 before departing to establish his own company in 2015. Rokos Capital ManagementCurrently, it is one of the largest macro hedge funds in the world. After graduating from university, Locos joined UBS in London. Within a year he joined Goldman Sachs, where he spent three years, first derivative structuring, then market-making, and ultimately his own trade. He then joined the upcoming Brevan Howard Asset Management, becoming one of the company’s most successful traders, where he fed the fund’s profits to about $4 billion. He later brought this expertise to his own fund, with Locos Capital specialized in global macroeconomic strategies and leveraging billionaires’ trading interest rates and currency skills.
Rokos Capital Management’s 13F assets rose to more than $6 billion by the end of the fourth quarter of 2024, becoming Europe’s largest hedge fund. Although it may seem contradictory, the main selling point for hedge funds may be return volatility. The company rose 44% in 2020 and then fell 26% in 2021. In the second half of 2022, hedge funds had a record-high year, up 51% when the S&P 500 fell more than 18%.
Chris Locos hedge funds rose 4.5% in the first two weeks of April, according to Bloomberg, as bond rates rose after Trump’s punitive tariff announcements aimed at restructuring global trade. These profits increased Rokos’ returns this year to 8%. Trump’s April 2nd tariff announcement shook a global market, where even uncertainty, which is generally seen as a safe haven, is also widespread in finances. Various explanations have been proposed for what has caused turbulence, including foreign governments abandoning US debt and hedge funds and dumping highly utilized transactions. That said, this is not the first time Locos has benefited from President Trump. The billionaire has earned about $1 billion in profits in one of his biggest trading sessions in November, since establishing his company in 2015.
On this list, as of the end of the fourth quarter of 2024, we selected stocks from Rokos Capital Management’s 13F portfolio. These stocks are popular among other hedge funds.
Why are hedge funds interested in the stocks they accumulate? The reason is simple. Our research shows that mimic the top stock picks of the best hedge funds can outperform the market. Quarterly Newsletter’s strategy was to select 14 small and large caps per quarter, returning 373.4% since May 2014, surpassing the benchmark by 218 percentage points (For more information, please see here).
Is Goldman Sachs Group Inc. (GS) the best stock to buy according to billionaire Chris Rokos?
Close-up of financial advisors who advise customers, demonstrates the importance of consumer and wealth management.
Rokos Capital Management Stock As of 2024: $226.5 million
Number of hedge fund holders: 81
Goldman Sachs Group, Inc. (NYSE:GS) is an American financial giant serving businesses, governments and individuals around the world. It works in three major segments: global banking and markets, assets and asset management and platform solutions. April 14th, Goldman Sachs Group, Inc. (NYSE:GS) has previously declared a quarterly dividend of $3.00 per share. Dividends will be paid to record shareholders on June 27th as of May 30th.
On April 15, RBC Capital revised its Goldman Sachs Group (NYSE:GS) stock outlook to lower its price target from $610 to $560, but maintained its sector performance rating. The change comes after Goldman Sachs reported first-quarter revenue. This was driven by record-breaking stock trading performance. To establish a more consistent revenue stream, Goldman Sachs Group, Inc. (NYSE:GS) expanded its wealth and asset management services as well as its private banking and lending operations. In the first quarter of 2025, these sectors generated a total of $3.4 billion in revenue. Stock trading also achieved record success, up 27% from the previous year.
Nightview Capital said the following regarding Goldman Sachs Group (NYSE:GS) in 4th quarter 2024 Investor’s letter:
“Finance is changing. Technology democratizes access, restructures asset management, enabling entirely new investment models. From algorithmic trading to digital first-devisory platforms, the sector is evolving rapidly. Investors demand smarter and more sustainable options.
Overall, GS 4th place According to billionaire Chris Locos, it’s on the list of stocks to buy. While we acknowledge the potential of GS as an investment, our belief lies in the belief that some AI stocks provide higher returns and hold a greater commitment to doing so within a shorter time frame. There have been AI stocks that have risen since the beginning of 2025, and the popular AI stocks have lost around 25%. If you’re looking for AI stocks that are more promising than GS, but are trading below 5 times the revenue, check out our report on this Cheapest AI stocks.
