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 |
Microsoft
MSFT
|
+$1.18B |
| 2 |
Apple
AAPL
|
+$1.11B |
| 3 |
Broadcom
AVGO
|
+$562M |
| 4 |
Amazon
AMZN
|
+$553M |
| 5 |
Palo Alto Networks
PANW
|
+$485M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$246M |
| 2 |
O'Reilly Automotive
ORLY
|
+$149M |
| 3 |
Cadence Design Systems
CDNS
|
+$149M |
| 4 |
Synopsys
SNPS
|
+$134M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.24% |
| 2 | Healthcare | 13.33% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 10.85% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
Riley Exploration Permian
REPX
$740M
| $4.43M | ﹤0.01% |
124,005
-10,097
| -8% | -$394K |
|
2752
Universal Technical Institute
UTI
$2.28B
| $4.43M | ﹤0.01% |
640,833
+44,395
| +7% | +$299K |
|
2753
First Bancorp
FNLC
$402M
| $4.42M | ﹤0.01% |
181,668
+5,546
| +3% | +$137K |
|
2754
Sierra Bancorp
BSRR
$524M
| $4.41M | ﹤0.01% |
259,789
+6,566
| +3% | +$108K |
|
2755
Ramaco Resources Class A
METC
$581M
| $4.4M | ﹤0.01% |
539,301
+67,137
| +14% | +$559K |
|
2756
Rigel Pharmaceuticals
RIGL
$693M
| $4.4M | ﹤0.01% |
340,705
+13,246
| +4% | +$179K |
|
|
SRTA
2757
Strata Critical Medical Inc
SRTA
$480M
| $4.39M | ﹤0.01% |
1,114,257
+81,713
| +8% | +$259K |
|
2758
ARS Pharmaceuticals
SPRY
$542M
| $4.38M | ﹤0.01% |
653,595
+249,991
| +62% | +$1.67M |
|
|
GNTY
2759
DELISTED
Guaranty Bancshares
GNTY
| $4.38M | ﹤0.01% |
161,631
+10,042
| +7% | +$254K |
|
2760
EyePoint Inc
EYPT
$1.04B
| $4.37M | ﹤0.01% |
502,672
+21,190
| +4% | +$129K |
|
2761
Nathan's Famous
NATH
$403M
| $4.37M | ﹤0.01% |
55,670
+26,461
| +91% | +$1.98M |
|
2762
Vodafone
VOD
$35.9B
| $4.37M | ﹤0.01% |
462,360
-496,746
| -52% | -$5.22M |
|
2763
CarParts.com
PRTS
$44.2M
| $4.37M | ﹤0.01% |
102,754
+2,301
| +2% | +$103K |
|
2764
Bit Digital
BTBT
$488M
| $4.36M | ﹤0.01% |
+1,072,989
| New | +$2.78M |
|
2765
1-800-Flowers.com
FLWS
$269M
| $4.35M | ﹤0.01% |
557,349
+15,612
| +3% | +$143K |
|
2766
BlackSky Technology
BKSY
$978M
| $4.34M | ﹤0.01% |
244,640
+163,756
| +202% | +$1.96M |
|
2767
Vivid Seats
SEAT
$87.5M
| $4.33M | ﹤0.01% |
27,310
-177
| -0.6% | -$27.6K |
|
|
KALV
2768
DELISTED
KalVista Pharmaceuticals
KALV
| $4.32M | ﹤0.01% |
480,425
+12,941
| +3% | +$119K |
|
|
MOND
2769
DELISTED
Mondee Holdings, Inc. Class A Common Stock
MOND
| $4.32M | ﹤0.01% |
485,263
+439,100
| +951% | +$4.47M |
|
2770
Red Robin
RRGB
$150M
| $4.32M | ﹤0.01% |
312,547
+151,492
| +94% | +$2.03M |
|
2771
Fidelity D&D Bancorp
FDBC
$313M
| $4.31M | ﹤0.01% |
88,762
+46,895
| +112% | +$2.04M |
|
2772
Northrim BanCorp
NRIM
$606M
| $4.31M | ﹤0.01% |
438,504
+210,352
| +92% | +$2.11M |
|
2773
SIGA Technologies
SIGA
$230M
| $4.31M | ﹤0.01% |
852,997
+18,427
| +2% | +$105K |
|
2774
El Pollo Loco
LOCO
$504M
| $4.31M | ﹤0.01% |
490,879
+98,752
| +25% | +$925K |
|
2775
Cardlytics
CDLX
$23.6M
| $4.29M | ﹤0.01% |
67,862
+3,989
| +6% | +$242K |
|
Similar funds
Geode Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Geode Capital Management held 4,889 positions worth $851B, up 11% from $770B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Trading was light in Q2 2023: portfolio turnover was 4.4%. Geode Capital Management opened 83 new positions and exited 132, leaving the 4,889-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 26% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q2 2023 buy was Coupang: 4,567,454 shares worth $79.5M.
- Geode Capital Management added most to Microsoft in Q2 2023, an estimated $1.18B increase.
- Geode Capital Management's biggest Q2 2023 reduction was Procter & Gamble, cutting an estimated $246M.
- Geode Capital Management fully exited Evoqua Water Technologies Corp. Common Stock in Q2 2023, selling an estimated $111M.
- Geode Capital Management's ten largest holdings make up 26% of its $851B portfolio in Q2 2023.
- Geode Capital Management opened 83 new positions and closed 132 in Q2 2023.
- Geode Capital Management's portfolio value rose 11% quarter-over-quarter to $851B.
Based on Geode Capital Management's 13F filing for Q2 2023, filed 11 Aug 2023.