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 | |
|---|---|---|---|---|---|---|
2826
Nautilus Biotechnolgy
NAUT
$125M
| $3.9M | ﹤0.01% |
1,006,466
+12,780
| +1% | +$36.8K |
|
2827
Richardson Electronics
RELL
$281M
| $3.89M | ﹤0.01% |
235,560
+130,797
| +125% | +$2.26M |
|
2828
KRONOS Worldwide
KRO
$703M
| $3.88M | ﹤0.01% |
443,925
+18,603
| +4% | +$164K |
|
2829
Actinium Pharmaceuticals
ATNM
$26.1M
| $3.87M | ﹤0.01% |
521,381
+288,949
| +124% | +$2.46M |
|
2830
Orrstown Financial Services
ORRF
$856M
| $3.86M | ﹤0.01% |
201,572
+5,958
| +3% | +$111K |
|
2831
Outdoor Holding Co
POWW
$252M
| $3.83M | ﹤0.01% |
1,797,217
+389
| +0% | +$760 |
|
2832
Karyopharm Therapeutics
KPTI
$43.3M
| $3.83M | ﹤0.01% |
142,473
+24,357
| +21% | +$1.05M |
|
|
ITIC
2833
Investors Title Co
ITIC
$551M
| $3.82M | ﹤0.01% |
26,140
+236
| +0.9% | +$33.4K |
|
|
ABCM
2834
DELISTED
Abcam PLC
ABCM
| $3.82M | ﹤0.01% |
155,944
+49,895
| +47% | +$861K |
|
|
SCU
2835
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.81M | ﹤0.01% |
432,027
+10,210
| +2% | +$88.7K |
|
2836
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $3.8M | ﹤0.01% |
259,187
+6,210
| +2% | +$98.4K |
|
2837
BRC Inc
BRCC
$130M
| $3.79M | ﹤0.01% |
735,282
+164,533
| +29% | +$870K |
|
2838
Ring Energy
REI
$310M
| $3.79M | ﹤0.01% |
2,217,568
+406,370
| +22% | +$745K |
|
2839
The Joint Corp
JYNT
$118M
| $3.79M | ﹤0.01% |
280,511
+6,630
| +2% | +$97.3K |
|
2840
Climb Global Solutions
CLMB
$507M
| $3.79M | ﹤0.01% |
316,492
+159,044
| +101% | +$1.94M |
|
2841
Atomera
ATOM
$205M
| $3.79M | ﹤0.01% |
431,645
-1,851
| -0.4% | -$14.6K |
|
2842
Seneca Foods Class A
SENEA
$1.14B
| $3.77M | ﹤0.01% |
115,366
+3,625
| +3% | +$171K |
|
2843
Silvercrest Asset Management
SAMG
$79.6M
| $3.77M | ﹤0.01% |
185,970
+11,659
| +7% | +$223K |
|
|
TBCH
2844
Turtle Beach Corp
TBCH
$249M
| $3.76M | ﹤0.01% |
322,901
+14,687
| +5% | +$164K |
|
2845
Codexis
CDXS
$157M
| $3.76M | ﹤0.01% |
1,342,303
+111,012
| +9% | +$359K |
|
2846
SGHC Ltd
SGHC
$7B
| $3.75M | ﹤0.01% |
+1,292,462
| New | +$4.57M |
|
|
BHIL
2847
DELISTED
Benson Hill, Inc.
BHIL
| $3.75M | ﹤0.01% |
82,358
+2,899
| +4% | +$124K |
|
2848
HF Foods Group
HFFG
$79.7M
| $3.75M | ﹤0.01% |
798,785
+103,992
| +15% | +$407K |
|
|
SRG
2849
Seritage Growth Properties
SRG
$137M
| $3.73M | ﹤0.01% |
418,615
+8,188
| +2% | +$65.5K |
|
2850
Sigma Lithium
SGML
$1.17B
| $3.73M | ﹤0.01% |
92,582
+342
| +0.4% | +$13K |
|
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.