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 | |
|---|---|---|---|---|---|---|
2676
Monte Rosa Therapeutics
GLUE
$1.34B
| $4.54M | ﹤0.01% |
583,089
+19,742
| +4% | +$137K |
|
2677
Garrett Motion
GTX
$5.64B
| $4.51M | ﹤0.01% |
588,774
+25,595
| +5% | +$198K |
|
2678
Nerdy
NRDY
$97.4M
| $4.5M | ﹤0.01% |
1,076,439
+54,131
| +5% | +$165K |
|
2679
Symbotic
SYM
$5.21B
| $4.49M | ﹤0.01% |
196,631
+55,141
| +39% | +$922K |
|
2680
Vuzix
VUZI
$220M
| $4.48M | ﹤0.01% |
1,083,083
+36,637
| +4% | +$165K |
|
2681
Distribution Solutions Group
DSGR
$1.61B
| $4.48M | ﹤0.01% |
197,114
+6,904
| +4% | +$145K |
|
2682
Radiant Logistics
RLGT
$396M
| $4.45M | ﹤0.01% |
677,614
+27,557
| +4% | +$154K |
|
2683
F&G Annuities & Life
FG
$3.74B
| $4.44M | ﹤0.01% |
245,251
-5,964
| -2% | -$119K |
|
2684
Mineralys Therapeutics
MLYS
$2.39B
| $4.44M | ﹤0.01% |
+283,653
| New | +$4.77M |
|
2685
FuboTV Inc
FUBO
$274M
| $4.44M | ﹤0.01% |
305,873
+15,909
| +5% | +$364K |
|
|
ILPT
2686
Industrial Logistics Properties Trust
ILPT
$583M
| $4.43M | ﹤0.01% |
1,441,950
+22,439
| +2% | +$87.7K |
|
2687
Universal Technical Institute
UTI
$1.61B
| $4.4M | ﹤0.01% |
596,438
+43,485
| +8% | +$310K |
|
2688
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $4.4M | ﹤0.01% |
+252,977
| New | +$4.92M |
|
2689
Workhorse Group
WKHS
$37.5M
| $4.39M | ﹤0.01% |
1,101
+28
| +3% | +$155K |
|
2690
Tarsus Pharmaceuticals
TARS
$2.86B
| $4.39M | ﹤0.01% |
349,149
+7,958
| +2% | +$116K |
|
|
TVRD
2691
Tvardi Therapeutics
TVRD
$23.7M
| $4.38M | ﹤0.01% |
24,787
+972
| +4% | +$326K |
|
2692
Sierra Bancorp
BSRR
$525M
| $4.36M | ﹤0.01% |
253,223
+8,726
| +4% | +$175K |
|
2693
Microvast
MVST
$284M
| $4.36M | ﹤0.01% |
3,512,950
+90,574
| +3% | +$132K |
|
2694
Rigel Pharmaceuticals
RIGL
$759M
| $4.32M | ﹤0.01% |
327,459
+12,512
| +4% | +$199K |
|
|
AKTS
2695
DELISTED
Akoustis Technologies Inc
AKTS
| $4.32M | ﹤0.01% |
1,401,678
+366,683
| +35% | +$1.28M |
|
2696
Rimini Street
RMNI
$469M
| $4.31M | ﹤0.01% |
1,046,874
+79,655
| +8% | +$359K |
|
|
HT
2697
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.31M | ﹤0.01% |
641,498
+33,648
| +6% | +$273K |
|
|
SMMF
2698
DELISTED
Summit Financial Group, Inc.
SMMF
| $4.3M | ﹤0.01% |
207,260
+12,987
| +7% | +$316K |
|
|
LOGC
2699
DELISTED
ContextLogic
LOGC
| $4.3M | ﹤0.01% |
365,376
+16,485
| +5% | +$280K |
|
2700
Itaú Unibanco
ITUB
$89.2B
| $4.3M | ﹤0.01% |
999,271
+5,358
| +0.5% | +$22.7K |
|
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.