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 | |
|---|---|---|---|---|---|---|
2801
Atlanticus Holdings
ATLC
$1.65B
| $4.09M | ﹤0.01% |
97,332
+1,935
| +2% | +$63.5K |
|
2802
Bridgewater Bancshares
BWB
$582M
| $4.08M | ﹤0.01% |
414,689
+27,115
| +7% | +$261K |
|
2803
Burke & Herbert Financial Services Corp
BHRB
$1.49B
| $4.06M | ﹤0.01% |
+63,276
| New | +$4.97M |
|
2804
Melco Resorts & Entertainment
MLCO
$2.17B
| $4.06M | ﹤0.01% |
332,604
+13,153
| +4% | +$163K |
|
2805
Hooker Furnishings Corp
HOFT
$159M
| $4.03M | ﹤0.01% |
216,122
+100,717
| +87% | +$1.71M |
|
2806
Sight Sciences
SGHT
$302M
| $4.03M | ﹤0.01% |
486,694
+6,896
| +1% | +$62.1K |
|
2807
Banco Bradesco
BBD
$39.3B
| $4.03M | ﹤0.01% |
1,163,941
-27,408
| -2% | -$84.7K |
|
|
MBCN
2808
DELISTED
Middlefield Banc Corp
MBCN
| $4.03M | ﹤0.01% |
150,235
+79,250
| +112% | +$2.07M |
|
2809
Cipher Digital
CIFR
$10B
| $4.02M | ﹤0.01% |
1,407,205
+339,798
| +32% | +$837K |
|
2810
Shore Bancshares
SHBI
$820M
| $4.02M | ﹤0.01% |
340,880
+9,491
| +3% | +$116K |
|
2811
Design Therapeutics
DSGN
$794M
| $4.01M | ﹤0.01% |
636,845
+3,837
| +0.6% | +$23.5K |
|
|
HT
2812
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4M | ﹤0.01% |
657,166
+15,668
| +2% | +$96.3K |
|
2813
SoundThinking
SSTI
$101M
| $3.99M | ﹤0.01% |
182,589
+9,523
| +6% | +$249K |
|
2814
Ovid Therapeutics
OVID
$435M
| $3.98M | ﹤0.01% |
1,213,085
+713,450
| +143% | +$2.42M |
|
2815
Harvard Bioscience
HBIO
$28.6M
| $3.98M | ﹤0.01% |
72,473
+38,571
| +114% | +$2.12M |
|
2816
Methanex
MEOH
$4.19B
| $3.97M | ﹤0.01% |
96,094
+5,004
| +5% | +$216K |
|
2817
Concrete Pumping Holdings
BBCP
$497M
| $3.96M | ﹤0.01% |
493,729
-4,777
| -1% | -$33.7K |
|
2818
Northeast Community Bancorp
NECB
$371M
| $3.95M | ﹤0.01% |
265,575
+120,090
| +83% | +$1.62M |
|
2819
Immuneering
IMRX
$272M
| $3.94M | ﹤0.01% |
388,326
+219,107
| +129% | +$2.11M |
|
2820
FS Bancorp
FSBW
$319M
| $3.94M | ﹤0.01% |
130,897
+54,343
| +71% | +$1.6M |
|
2821
Third Coast Bancshares
TCBX
$736M
| $3.94M | ﹤0.01% |
248,007
+12,578
| +5% | +$195K |
|
|
THRX
2822
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $3.93M | ﹤0.01% |
421,522
+93,652
| +29% | +$923K |
|
2823
Traeger
COOK
$184M
| $3.9M | ﹤0.01% |
18,351
+679
| +4% | +$123K |
|
|
ATXS
2824
DELISTED
Astria Therapeutics
ATXS
| $3.9M | ﹤0.01% |
467,978
+234,142
| +100% | +$2.7M |
|
2825
TeraWulf
WULF
$9.35B
| $3.9M | ﹤0.01% |
2,226,282
+712,633
| +47% | +$1.09M |
|
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.