Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE HealthCare
GEHC
|
+$484M |
| 2 |
Microsoft
MSFT
|
+$417M |
| 3 |
Amazon
AMZN
|
+$365M |
| 4 |
Apple
AAPL
|
+$357M |
| 5 |
Merck
MRK
|
+$311M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$420M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$288M |
| 3 |
Philip Morris
PM
|
+$246M |
| 4 |
Canadian Pacific Kansas City
CP
|
+$228M |
| 5 |
Meta Platforms (Facebook)
META
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.14% |
| 2 | Healthcare | 13.96% |
| 3 | Financials | 12.57% |
| 4 | Consumer Discretionary | 10.55% |
| 5 | Industrials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTB
2476
HomeTrust Bancshares
HTB
$850M
| $6.96M | ﹤0.01% |
282,918
+17,777
| +7% | +$469K |
|
|
MLNK
2477
DELISTED
MeridianLink
MLNK
| $6.96M | ﹤0.01% |
402,096
+17,169
| +4% | +$276K |
|
2478
Arbutus Biopharma
ABUS
$915M
| $6.93M | ﹤0.01% |
2,287,913
+156,645
| +7% | +$442K |
|
2479
Cadre Holdings
CDRE
$1.41B
| $6.92M | ﹤0.01% |
321,091
+17,751
| +6% | +$384K |
|
2480
Equity Bancshares
EQBK
$1.05B
| $6.92M | ﹤0.01% |
283,784
+12,061
| +4% | +$356K |
|
2481
Karyopharm Therapeutics
KPTI
$48M
| $6.89M | ﹤0.01% |
118,116
+26,307
| +29% | +$1.3M |
|
2482
Metropolitan Bank Holding Corp
MCB
$1.15B
| $6.87M | ﹤0.01% |
202,804
+6,017
| +3% | +$312K |
|
2483
Hingham Institution for Saving
HIFS
$663M
| $6.86M | ﹤0.01% |
29,367
+723
| +3% | +$198K |
|
|
MCHB
2484
Mechanics Bancorp
MCHB
$3.68B
| $6.85M | ﹤0.01% |
380,734
+18,085
| +5% | +$454K |
|
|
HDSN
2485
Hudson Technologies
HDSN
$235M
| $6.84M | ﹤0.01% |
783,056
+30,543
| +4% | +$296K |
|
2486
Preformed Line Products
PLPC
$2.28B
| $6.82M | ﹤0.01% |
53,257
+2,216
| +4% | +$220K |
|
|
SPYM
2487
State Street SPDR Portfolio S&P 500 ETF
SPYM
$168B
| – | – |
0
| – | – |
|
2488
Centrus Energy
LEU
$3.76B
| $6.81M | ﹤0.01% |
211,380
+3,111
| +1% | +$120K |
|
2489
SoundThinking
SSTI
$103M
| $6.8M | ﹤0.01% |
173,066
+8,186
| +5% | +$295K |
|
2490
Utah Medical Products
UTMD
$225M
| $6.77M | ﹤0.01% |
71,411
+1,085
| +2% | +$99.7K |
|
2491
Astronics
ATRO
$3.84B
| $6.74M | ﹤0.01% |
604,940
+31,429
| +5% | +$351K |
|
2492
SmartFinancial
SMBK
$888M
| $6.71M | ﹤0.01% |
290,101
+7,741
| +3% | +$202K |
|
|
QVCGA
2493
DELISTED
QVC Group Inc Series A
QVCGA
| $6.7M | ﹤0.01% |
135,633
+5,403
| +4% | +$485K |
|
|
BAND
2494
Bandwidth Inc
BAND
$1.61B
| $6.68M | ﹤0.01% |
439,756
+9,693
| +2% | +$195K |
|
2495
MediaAlpha
MAX
$821M
| $6.68M | ﹤0.01% |
446,008
+21,269
| +5% | +$288K |
|
|
BLUE
2496
DELISTED
bluebird bio
BLUE
| $6.67M | ﹤0.01% |
104,932
+23,297
| +29% | +$2.66M |
|
2497
RxSight
RXST
$260M
| $6.65M | ﹤0.01% |
398,839
+93,869
| +31% | +$1.33M |
|
2498
Entravision Communication
EVC
$1.1B
| $6.63M | ﹤0.01% |
1,095,450
+39,728
| +4% | +$246K |
|
2499
HCI Group
HCI
$2.41B
| $6.62M | ﹤0.01% |
123,468
+1,558
| +1% | +$78.3K |
|
2500
Liquidity Services
LQDT
$1.31B
| $6.61M | ﹤0.01% |
501,724
+12,354
| +3% | +$168K |
|
Similar funds
Geode Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Geode Capital Management held 4,968 positions worth $770B, up 8.1% from $713B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.6%. Geode Capital Management opened 69 new positions and exited 162, leaving the 4,968-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 23% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q1 2023 buy was GE HealthCare: 6,775,612 shares worth $554M.
- Geode Capital Management added most to Microsoft in Q1 2023, an estimated $417M increase.
- Geode Capital Management's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $420M.
- Geode Capital Management fully exited SVB Financial Group in Q1 2023, selling an estimated $288M.
- Geode Capital Management's ten largest holdings make up 23% of its $770B portfolio in Q1 2023.
- Geode Capital Management opened 69 new positions and closed 162 in Q1 2023.
- Geode Capital Management's portfolio value rose 8.1% quarter-over-quarter to $770B.
Based on Geode Capital Management's 13F filing for Q1 2023, filed 15 May 2023.