SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2021-07-27 | Period of Report: 2021-05-28 SEC Accession No. 0001752724-21-156897 (HTML Version on secdatabase.com) FILER Goldman Sachs ETF Trust Mailing Address Business Address 200 WEST STREET 200 WEST STREET CIK:1479026| IRS No.: 000000000 | State of Incorp.:DE | Fiscal Year End: 0831 NEW YORK NY 10282-2198 NEW YORK NY 10282-2198 Type: NPORT-P | Act: 40 | File No.: 811-23013 | Film No.: 211117278 (312) 655-4400 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document GOLDMAN SACHS ACTIVEBETA® EMERGING MARKETS EQUITY ETF Schedule of Investments May 31, 2021 (Unaudited) Shares Description Value Shares Description Value Common Stocks 96.8% Common Stocks (continued) Argentina 0.1% China (continued) 344,036 YPF SA ADR (Energy)* $ 1,616,969 3,089,026 Agricultural Bank of China Ltd., Brazil 3.9% Class A (Financials) $ 1,590,956 759,369 Ambev SA (Consumer Staples) 2,595,823 4,846,360 Agricultural Bank of China Ltd., 205,569 Atacadao SA (Consumer Staples) 862,549 Class H (Financials) 1,966,892 688,210 B3 SA Brasil Bolsa Balcao 65,251 Aier Eye Hospital Group Co. Ltd., (Financials) 2,303,808 Class A (Health Care)* 859,528 416,609 Banco Bradesco SA (Financials) 1,823,849 21,054 Airtac International Group (Industrials) 762,757 113,189 Banco Inter SA (Financials) 1,447,987 1,939,400 Alibaba Group Holding Ltd. (Consumer 655,884 BB Seguridade Participacoes SA Discretionary)* 51,823,946 (Financials) 2,937,928 71,800 Anhui Conch Cement Co. Ltd., Class A 320,681 Cia Siderurgica Nacional SA (Materials) 2,741,457 (Materials) 553,002 280,980 CPFL Energia SA (Utilities) 1,561,015 159,600 Anhui Conch Cement Co. Ltd., Class H 227,015 Energisa SA (Utilities) 2,052,884 (Materials) 987,026 129,035 Engie Brasil Energia SA (Utilities) 987,948 193,959 ANTA Sports Products Ltd. (Consumer 356,802 Equatorial Energia SA (Utilities) 1,736,948 Discretionary) 3,910,917 375,770 Hapvida Participacoes e Investimentos 18,233 Autohome, Inc. ADR (Communication SA (Health Care)(a) 1,147,801 Services) 1,405,217 388,707 Klabin SA (Materials)* 1,949,583 35,030 Baidu, Inc. ADR (Communication 138,041 Lojas Renner SA (Consumer Services)* 6,875,338 Discretionary) 1,253,849 2,071,877 Bank of Beijing Co. Ltd., Class A 610,598 Magazine Luiza SA (Consumer (Financials) 1,600,634 Discretionary) 2,367,905 3,323,223 Bank of China Ltd., Class A (Financials) 1,742,885 194,897 Natura & Co. Holding SA (Consumer 10,273,785 Bank of China Ltd., Class H (Financials) 3,891,635 Staples)* 1,905,021 2,198,002 Bank of Communications Co. Ltd., 561,106 Petroleo Brasileiro SA (Energy) 2,870,138 Class A (Financials) 1,701,523 662,480 Raia Drogasil SA (Consumer Staples) 3,467,339 2,711,103 Bank of Communications Co. Ltd., 154,245 Suzano SA (Materials)* 1,817,827 Class H (Financials) 1,830,340 229,361 Telefonica Brasil SA (Communication 1,498,416 Bank of Jiangsu Co. Ltd., Class A Services) 1,937,934 (Financials) 1,799,934 585,622 Vale SA (Materials) 12,514,877 691,817 Bank of Nanjing Co. Ltd., Class A 440,500 WEG SA (Industrials) 2,901,939 (Financials) 1,116,727 55,186,409 1,134,201 Bank of Shanghai Co. Ltd., Class A (Financials) 1,512,031 Chile 0.3% 30,000 Baozun, Inc. ADR (Consumer 924,103 Cencosud SA (Consumer Staples) 1,797,395 Discretionary)* 1,040,700 269,362 Cia Cervecerias Unidas SA (Consumer 1,652,583 BBMG Corp., Class A (Materials) 718,796 Staples) 2,415,166 4,341 BeiGene Ltd. ADR (Health Care)* 1,556,292 9,665,690 Enel Chile SA (Utilities) 572,397 609,047 Beijing Enterprises Holdings Ltd. 4,784,958 (Utilities) 2,126,544 China 35.7% 1,384,200 Beijing Enterprises Water Group Ltd. 51,300 360 DigiTech, Inc. ADR (Financials)* 1,439,991 (Utilities)* 552,860 1,300,195 3SBio, Inc. (Health Care)*(a) 1,490,915 61,300 Beijing Oriental Yuhong Waterproof 373,300 Agile Group Holdings Ltd. (Real Estate) 527,136 Technology Co. Ltd., Class A (Materials) 551,060 36,922 Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., Class A (Information Technology) 708,408 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document GOLDMAN SACHS ACTIVEBETA® EMERGING MARKETS EQUITY ETF Schedule of Investments (continued) May 31, 2021 (Unaudited) Shares Description Value Shares Description Value Common Stocks (continued) Common Stocks (continued) China (continued) China (continued) 43,500 BGI Genomics Co. Ltd., Class A 705,766 China Life Insurance Co. Ltd., Class H (Health Care) $ 847,869 (Financials) $ 1,494,916 14,284 Bilibili, Inc. ADR (Communication 499,600 China Longyuan Power Group Corp. Services)* 1,530,959 Ltd., Class H (Utilities) 718,358 45,097 BYD Co. Ltd., Class A (Consumer 1,336,673 China Medical System Holdings Ltd. Discretionary) 1,286,523 (Health Care) 3,334,148 64,202 BYD Co. Ltd., Class H (Consumer 608,783 China Mengniu Dairy Co. Ltd. Discretionary) 1,469,909 (Consumer Staples)* 3,600,224 189,800 By-health Co. Ltd., Class A (Consumer 227,608 China Merchants Bank Co. Ltd., Class A Staples) 1,100,622 (Financials) 2,090,770 144,182 C&S Paper Co. Ltd., Class A 589,397 China Merchants Bank Co. Ltd., Class H (Consumer Staples) 759,794 (Financials) 5,444,794 13,971 Changchun High & New Technology 333,100 China Merchants Port Holdings Co. Ltd. Industry Group, Inc., Class A (Health (Industrials) 550,195 Care) 877,507 308,057 China Merchants Shekou Industrial Zone 2,840,011 China Bohai Bank Co. Ltd., Class H Holdings Co. Ltd., Class A (Real Estate) 564,985 (Financials)(a) 1,200,185 1,953,175 China Minsheng Banking Corp. Ltd., 4,276,400 China Cinda Asset Management Co. Class A (Financials) 1,447,591 Ltd., Class H (Financials) 914,620 3,316,110 China Minsheng Banking Corp. Ltd., 3,068,864 China CITIC Bank Corp. Ltd., Class H Class H (Financials) 1,764,547 (Financials)* 1,676,478 1,013,621 China National Building Material Co. 1,315,800 China Communications Services Corp. Ltd., Class H (Materials) 1,342,527 Ltd., Class H (Industrials) 552,665 230,200 China Overseas Land & Investment Ltd. 243,513 China Conch Venture Holdings Ltd. (Real Estate) 557,593 (Industrials) 1,120,069 1,979,669 China Petroleum & Chemical Corp., 1,324,164 China Construction Bank Corp., Class A (Energy) 1,389,514 Class A (Financials) 1,459,627 3,276,872 China Petroleum & Chemical Corp., 12,709,510 China Construction Bank Corp., Class H (Energy) 1,777,444 Class H (Financials) 10,480,044 2,220,500 China Power International Development 926,615 China Everbright Bank Co. Ltd., Ltd. (Utilities) 557,879 Class A (Financials) 561,629 654,411 China Railway Group Ltd., Class A 2,813,348 China Everbright Bank Co. Ltd., (Industrials) 559,001 Class H (Financials) 1,199,792 1,034,800 China Railway Group Ltd., Class H 926,800 China Everbright Environment Group (Industrials) 546,631 Ltd. (Industrials) 552,868 283,721 China Resources Beer Holdings Co. Ltd. 427,000 China Evergrande Group (Real Estate) 665,683 (Consumer Staples) 2,514,978 445,300 China Feihe Ltd. (Consumer Staples)(a) 1,213,438 532,900 China Resources Cement Holdings Ltd. 275,100 China Film Co. Ltd., Class A (Materials) 565,067 (Communication Services) 563,289 91,000 China Resources Gas Group Ltd. 152,000 China Gas Holdings Ltd. (Utilities) 577,723 (Utilities) 563,950 496,616 China Gezhouba Group Co. Ltd., 146,800 China Resources Land Ltd. (Real Estate) 693,193 Class A (Industrials) 552,099 2,580,798 China Resources Pharmaceutical Group 537,400 China Hongqiao Group Ltd. (Materials) 868,260 Ltd. (Health Care)(a) 1,835,471 1,495,900 China Jinmao Holdings Group Ltd. 424,600 China Resources Power Holdings Co. (Real Estate) 578,200 Ltd. (Utilities) 548,153 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document GOLDMAN SACHS ACTIVEBETA® EMERGING MARKETS EQUITY ETF Schedule of Investments (continued) May 31, 2021 (Unaudited) Shares Description Value Shares Description Value Common Stocks (continued) Common Stocks (continued) China (continued) China (continued) 194,151 China Resources Sanjiu Medical & 1,753,402 Daqin Railway Co. Ltd., Class A Pharmaceutical Co. Ltd., Class A (Industrials) $ 1,907,997 (Health Care) $ 794,164 11,300 Daqo New Energy Corp. ADR 179,800 China Shenhua Energy Co. Ltd., (Information Technology)* 840,494 Class A (Energy) 562,678 70,600 Ecovacs Robotics Co. Ltd., Class A 833,568 China Shenhua Energy Co. Ltd., (Consumer Discretionary)* 1,961,191 Class H (Energy) 1,840,798 138,717 ENN Energy Holdings Ltd. (Utilities) 2,548,611 77,026 China Tourism Group Duty Free Corp. 499,700 Far East Horizon Ltd. (Financials) 547,246 Ltd., Class A (Consumer Discretionary) 4,164,133 471,965 Financial Street Holdings Co. Ltd., 12,915,916 China Tower Corp. Ltd., Class H Class A (Real Estate) 552,114 (Communication Services)(a) 1,763,947 625,400 Focus Media Information Technology Co. 134,424 China Vanke Co. Ltd., Class A (Real Ltd., Class A (Communication Services) 1,022,284 Estate) 568,851 360,100 Fosun International Ltd. (Industrials) 580,874 162,400 China Vanke Co. Ltd., Class H (Real 70,600 Fuyao Glass Industry Group Co. Ltd., Estate) 559,711 Class A (Consumer Discretionary) 570,919 563,318 China Yangtze Power Co.