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GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Sector: financeAsset ManagementAMEXMarket Cap: $1.36B

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is a passive emerging markets equity fund with a single congressional trader executing 6 transactions in the last 12 months, but no direct lobbying, federal contracts, or corporate insider activity.

Next filing → your inbox
Govt Dependence
0/100
Regulatory Density
75/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat GEM does

GEM is an exchange-traded fund that tracks the Goldman Sachs ActiveBeta Emerging Markets Equity Index, providing passive exposure to a broad universe of emerging market equities. Its revenue is derived from the management fee charged on its $1.36 billion in assets under management. The fund's performance is directly tied to the underlying index and broader EM equity market flows.

12 months past · 3 months futureGEM activity timeline

$56$47$39 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $54.09 hi $39.72 lo $52.62 CONGRESS 12 INSIDERS 0 13F FUNDS 30 BILLS 30 John Boozman (R) · Sale · 2025-11-20John Boozman (R) · Sale · 2026-05-27John Boozman (R) · Purchase · 2026-01-23John Boozman (R) · Sale (Partial) · 2025-11-20 Two Sigma Investments · OPENED $8296M · 2026-03-31Renaissance Technologies · - $3233M · 2026-03-31Renaissance Technologies · - $1276M · 2026-03-31Citadel Advisors · + $15M · 2025-12-31Citadel Advisors · + $12M · 2025-12-31Citadel Advisors · + $6M · 2025-12-31Citadel Advisors · + $6M · 2025-09-30Renaissance Technologies · + $5M · 2025-09-30Citadel Advisors · + $4M · 2025-09-30 HR.2478 · committee · 2026-07-13 MARKUP · House Financial Services · 2026-09-15MARKUP · Senate Finance · 2026-09-15MARKUP · House Financial Services · 2026-09-16MARKUP · Senate Banking, Housing, and Urban Affairs · 2026-09-17MARKUP · House Financial Services Subcommittee on Financial Instituti · 2026-09-18
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
247 trading days · 4 congressional trades shown · 0 insider buys · 9 13F filings · 1 past bill actions · 5 upcoming markups

Lifetime Government AwardsGEM federal contracts

GEM doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding GEM

$12.87B
Total GEM held by tracked 13F funds
27
Funds with GEM positions
+1
Funds opened this quarter
Two Sigma Investments $8.30B opened 1 overlap 2026-03-31
Renaissance Technologies $3.23B -11% 1 overlap 2026-03-31
Renaissance Technologies $1.28B -64% 1 overlap 2026-03-31
Citadel Advisors $15M +3003% 2 overlap 2025-12-31
Citadel Advisors $12M +509% 2 overlap 2025-12-31
Citadel Advisors $6M +868% 2 overlap 2025-12-31
Citadel Advisors $4M +923% 2 overlap 2025-12-31
Citadel Advisors $3M +2410% 2 overlap 2025-12-31
19 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading GEMMembers of Congress with recent GEM positions

1 politicians traded GEM across 8 disclosed transactions totaling $64K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just GEM). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading GEM

2025-11-20 John Boozman R-Arkansas · senate Sale $1,001 - $15,000
2026-05-27 John Boozman R-Arkansas · senate Sale $1,001 - $15,000
2026-01-23 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2025-11-20 John Boozman R-Arkansas · senate Sale (Partial) $1,001 - $15,000
2025-08-01 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2025-08-01 John Boozman R-Arkansas · senate Sale (Partial) $1,001 - $15,000
2025-08-01 John Boozman R-Arkansas · senate purchase $1,001 - $15,000
2025-08-01 John Boozman R-Arkansas · senate sale $1,001 - $15,000
2024-06-04 John Boozman R-Arkansas · senate purchase $1,001 - $15,000
2024-06-04 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2020-04-02 (unknown) purchase $1,001 - $15,000
2020-04-02 (unknown) Purchase $1,001 - $15,000
12+ trades on file · most recent 2026-08-24

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting GEMLive legislation impacting this stock

Political ProfileWhere GEM sits in Washington

[object Object]

STRUCTURAL: High regulatory density from 8 finance-sector bills (`Recent bill_impacts`). EVIDENTIARY: Single, active congressional trader (B001236) with 6 trades, but mixed buy/sell pattern; no corporate insider buys (`get_corporate_insider_signal.top_buys` is empty); zero lobbying spend (`get_political_influence.lobbying.total_income` = 0). Net: Active trading interest offset by lack of direct political engagement and structural regulatory exposure.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • High density of finance-sector legislation impacting revenue
    U.S. Congress
    "`Recent bill_impacts` lists 8 finance-sector bills with impact_ratios from 0.0017 to 0.0021."

Regulatory opportunities

  • No specific regulatory opportunities flagged.

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
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Frequently AskedAbout GEM & political exposure

Does Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Goldman Sachs ActiveBeta Emerging Markets Equity ETF. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded GEM stock?
12 congressional trades by 2 unique members of Congress, most recently on 2026-05-27. See the Congressional Trading panel for politician-by-politician breakdown.
What is GEM political risk profile?
Government dependence: 0/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track GEM political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. GEM data is updated daily from these official federal sources.