Goldman Sachs Group Inc Buys NVIDIA, Microsoft, JPMorgan Chase, Sells iShares iBoxx $ Investment Gradeorate Bond, iShares Core U.S. Aggregate Bond, Ford Motor Co

• New Purchases: FTI, SMH, AGNC, EHIC, SJNK, VXX, AA, ADSW, ARNC, BMI,
• Added Positions: NVDA, MSFT, JPM, AMZN, QQQ, RAI, AAPL, JNK, NTRS, AGN,
• Reduced Positions: SPY, LQD, BABA, AGG, F, KBE, REGN, XLV, EWZ, IBB,
• Sold Out: LNKD, FTI, PPS, PNY, CPHD, ITC, RAX, STRZA, FLTX, IM,

For the details of GOLDMAN SACHS GROUP INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=GOLDMAN+SACHS+GROUP+INC

1. SPDR S&P 500 (SPY) - 53,041,427 shares, 3.4% of the total portfolio. Shares reduced by 9.32%
2. SPDR S&P 500 (SPY) - 34,271,500 shares, 2.2% of the total portfolio.
3. SPDR S&P 500 (SPY) - 26,383,700 shares, 1.69% of the total portfolio.
4. Apple Inc (AAPL) - 50,956,360 shares, 1.69% of the total portfolio. Shares added by 5.74%
5. SPDR Gold Trust (GLD) - 28,329,000 shares, 0.89% of the total portfolio.

Goldman Sachs Group Inc initiated holdings in FMC Technologies Inc. The purchase prices were between $29.88 and $36.31, with an estimated average price of $33.63. The stock is now traded at around $31.76. The impact to the portfolio due to this purchase was 0.06%. The holdings were 5,811,253 shares as of 2016-12-31.

Goldman Sachs Group Inc initiated holdings in VanEck Vectors Semiconductor. The purchase prices were between $66.59 and $73.76, with an estimated average price of $69.86. The stock is now traded at around $79.13. The impact to the portfolio due to this purchase was 0.05%. The holdings were 2,359,212 shares as of 2016-12-31.

Goldman Sachs Group Inc initiated holdings in SPDR Bloomberg Barclays Short Term High Yield Bond. The purchase prices were between $26.89 and $27.82, with an estimated average price of $27.53. The stock is now traded at around $27.78. The impact to the portfolio due to this purchase was 0.02%. The holdings were 2,498,644 shares as of 2016-12-31.

Goldman Sachs Group Inc initiated holdings in AGNC Investment Corp. The purchase prices were between $17.53 and $20.26, with an estimated average price of $18.95. The stock is now traded at around $19.73. The impact to the portfolio due to this purchase was 0.02%. The holdings were 4,328,627 shares as of 2016-12-31.

Goldman Sachs Group Inc initiated holdings in iPath S&P 500 VIX Short Term Futures TM ETN. The purchase prices were between $23.82 and $37.94, with an estimated average price of $29.87. The stock is now traded at around $16.77. The impact to the portfolio due to this purchase was 0.02%. The holdings were 2,773,492 shares as of 2016-12-31.

Goldman Sachs Group Inc initiated holdings in eHi Car Services Ltd. The purchase prices were between $8.32 and $11.35, with an estimated average price of $10.08. The stock is now traded at around $10.16. The impact to the portfolio due to this purchase was 0.02%. The holdings were 9,086,958 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in NVIDIA Corp by 45.68%. The purchase prices were between $65.35 and $117.32, with an estimated average price of $83.6. The stock is now traded at around $107.47. The impact to the portfolio due to this purchase was 0.15%. The holdings were 15,872,239 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in Microsoft Corp by 20.05%. The purchase prices were between $56.92 and $63.62, with an estimated average price of $60.15. The stock is now traded at around $64.98. The impact to the portfolio due to this purchase was 0.12%. The holdings were 38,555,857 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in JPMorgan Chase & Co by 28.21%. The purchase prices were between $66.51 and $87.13, with an estimated average price of $76.26. The stock is now traded at around $87.29. The impact to the portfolio due to this purchase was 0.11%. The holdings were 19,764,678 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in PowerShares QQQ Trust Series 1 by 26.72%. The purchase prices were between $113.65 and $120.82, with an estimated average price of $118.03. The stock is now traded at around $130.63. The impact to the portfolio due to this purchase was 0.1%. The holdings were 13,698,815 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in Reynolds American Inc by 97.52%. The purchase prices were between $46.29 and $56.18, with an estimated average price of $53.07. The stock is now traded at around $62.64. The impact to the portfolio due to this purchase was 0.1%. The holdings were 12,672,450 shares as of 2016-12-31.

Goldman Sachs Group Inc added to the holdings in SPDR Bloomberg Barclays High Yield Bond by 211.79%. The purchase prices were between $35.13 and $36.87, with an estimated average price of $36.29. The stock is now traded at around $36.54. The impact to the portfolio due to this purchase was 0.08%. The holdings were 11,198,197 shares as of 2016-12-31.

Goldman Sachs Group Inc sold out the holdings in LinkedIn Corp. The sale prices were between $187.6 and $195.96, with an estimated average price of $191.72.

Goldman Sachs Group Inc sold out the holdings in TechnipFMC PLC. The sale prices were between $29.88 and $36.31, with an estimated average price of $33.63.

Goldman Sachs Group Inc sold out the holdings in Post Properties Inc. The sale prices were between $60.55 and $67.67, with an estimated average price of $64.48.

Goldman Sachs Group Inc sold out the holdings in Piedmont Natural Gas Co Inc. The sale prices were between $60.02 and $60.02, with an estimated average price of $60.02.

Goldman Sachs Group Inc sold out the holdings in Starz. The sale prices were between $30.45 and $35.52, with an estimated average price of $32.47.

Goldman Sachs Group Inc sold out the holdings in ITC Holdings Corp. The sale prices were between $45.19 and $46.13, with an estimated average price of $45.6.

Goldman Sachs Group Inc reduced to the holdings in iShares iBoxx $ Investment Grade Corporate Bond by 82.38%. The sale prices were between $115.6 and $122.51, with an estimated average price of $118.77. The stock is now traded at around $117.72. The impact to the portfolio due to this sale was -0.13%. Goldman Sachs Group Inc still held 723,396 shares as of 2016-12-31.

Goldman Sachs Group Inc reduced to the holdings in iShares Core U.S. Aggregate Bond by 75.7%. The sale prices were between $107.16 and $112.09, with an estimated average price of $109.51. The stock is now traded at around $108.36. The impact to the portfolio due to this sale was -0.08%. Goldman Sachs Group Inc still held 740,790 shares as of 2016-12-31.

Goldman Sachs Group Inc reduced to the holdings in Regeneron Pharmaceuticals Inc by 63.99%. The sale prices were between $336.01 and $444.52, with an estimated average price of $380.27. The stock is now traded at around $373.00. The impact to the portfolio due to this sale was -0.07%. Goldman Sachs Group Inc still held 327,516 shares as of 2016-12-31.

Goldman Sachs Group Inc reduced to the holdings in Ford Motor Co by 58.13%. The sale prices were between $11.34 and $13.17, with an estimated average price of $12.13. The stock is now traded at around $11.62. The impact to the portfolio due to this sale was -0.07%. Goldman Sachs Group Inc still held 13,316,676 shares as of 2016-12-31.

Goldman Sachs Group Inc reduced to the holdings in SPDR S&P Bank by 29.19%. The sale prices were between $33.21 and $44.16, with an estimated average price of $38.75. The stock is now traded at around $42.01. The impact to the portfolio due to this sale was -0.07%. Goldman Sachs Group Inc still held 16,387,827 shares as of 2016-12-31.

Goldman Sachs Group Inc reduced to the holdings in iShares MSCI Brazil Capped Index Fund by 44%. The sale prices were between $31.11 and $38.19, with an estimated average price of $34.3. The stock is now traded at around $37.12. The impact to the portfolio due to this sale was -0.06%. Goldman Sachs Group Inc still held 7,124,673 shares as of 2016-12-31.