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 | |
|---|---|---|---|---|---|---|
2876
Energy Vault
NRGV
$546M
| $2.9M | ﹤0.01% |
1,355,347
+74,920
| +6% | +$256K |
|
2877
Canadian Solar
CSIQ
$1.05B
| $2.9M | ﹤0.01% |
72,816
-2,249
| -3% | -$89.2K |
|
|
CANO
2878
DELISTED
Cano Health, Inc.
CANO
| $2.89M | ﹤0.01% |
31,799
+1,429
| +5% | +$194K |
|
|
GATO
2879
DELISTED
Gatos Silver, Inc.
GATO
| $2.89M | ﹤0.01% |
442,792
-832
| -0.2% | -$4K |
|
2880
Compass Therapeutics
CMPX
$340M
| $2.89M | ﹤0.01% |
883,563
+93,315
| +12% | +$366K |
|
2881
BARK
BARK
$89.6M
| $2.88M | ﹤0.01% |
99,284
-2,343
| -2% | -$74.3K |
|
2882
Capital Bancorp
CBNK
$611M
| $2.87M | ﹤0.01% |
172,440
+8,088
| +5% | +$165K |
|
2883
FVCBankcorp
FVCB
$342M
| $2.86M | ﹤0.01% |
268,828
+17,297
| +7% | +$234K |
|
|
TTSH
2884
DELISTED
Tile Shop Holdings
TTSH
| $2.86M | ﹤0.01% |
609,963
+6,037
| +1% | +$30.3K |
|
2885
DHI Group
DHX
$181M
| $2.85M | ﹤0.01% |
734,705
+38,002
| +5% | +$180K |
|
2886
Lands' End
LE
$393M
| $2.84M | ﹤0.01% |
291,719
+4,271
| +1% | +$35.8K |
|
2887
Motorcar Parts of America
MPAA
$263M
| $2.83M | ﹤0.01% |
380,216
+20,955
| +6% | +$250K |
|
|
NUTX
2888
Nutex Health
NUTX
$1.09B
| $2.83M | ﹤0.01% |
18,672
+660
| +4% | +$134K |
|
2889
Nano X Imaging
NNOX
$69.6M
| $2.83M | ﹤0.01% |
489,759
+23,489
| +5% | +$180K |
|
2890
Bakkt Inc
BKKT
$330M
| $2.81M | ﹤0.01% |
65,373
+6,893
| +12% | +$268K |
|
2891
Bankwell Financial Group
BWFG
$536M
| $2.8M | ﹤0.01% |
112,609
+6,779
| +6% | +$196K |
|
2892
Precigen
PGEN
$2.47B
| $2.8M | ﹤0.01% |
2,637,666
+745,952
| +39% | +$1.08M |
|
|
BLDP
2893
Ballard Power Systems
BLDP
$796M
| $2.79M | ﹤0.01% |
501,192
+22,928
| +5% | +$132K |
|
2894
Unity Bancorp
UNTY
$601M
| $2.79M | ﹤0.01% |
122,395
+7,182
| +6% | +$184K |
|
|
KNTE
2895
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $2.78M | ﹤0.01% |
445,389
+13,775
| +3% | +$83.9K |
|
2896
Star Bulk Carriers
SBLK
$3.12B
| $2.78M | ﹤0.01% |
131,576
+34,631
| +36% | +$757K |
|
|
TEAD
2897
Teads Holding Co
TEAD
$80.2M
| $2.78M | ﹤0.01% |
672,325
+2,705
| +0.4% | +$12.3K |
|
2898
Outlook Therapeutics
OTLK
$193M
| $2.77M | ﹤0.01% |
126,884
+23,774
| +23% | +$532K |
|
2899
Atomera
ATOM
$203M
| $2.76M | ﹤0.01% |
433,496
+23,470
| +6% | +$159K |
|
2900
Accuray
ARAY
$32.8M
| $2.76M | ﹤0.01% |
929,707
+16,519
| +2% | +$45K |
|
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.