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 | |
|---|---|---|---|---|---|---|
2926
InnovAge Holding
INNV
$1.56B
| $3.25M | ﹤0.01% |
432,766
+9,798
| +2% | +$67.2K |
|
2927
CS Disco
LAW
$262M
| $3.24M | ﹤0.01% |
394,618
+18,783
| +5% | +$129K |
|
2928
Celcuity
CELC
$4.19B
| $3.24M | ﹤0.01% |
294,661
+161,773
| +122% | +$1.68M |
|
2929
Paysafe
PSFE
$409M
| $3.23M | ﹤0.01% |
320,004
+50,861
| +19% | +$644K |
|
2930
908 Devices
MASS
$334M
| $3.22M | ﹤0.01% |
469,711
+24,762
| +6% | +$199K |
|
2931
Core Molding Technologies
CMT
$207M
| $3.21M | ﹤0.01% |
141,221
+78,436
| +125% | +$1.52M |
|
2932
Park-Ohio Holdings
PKOH
$588M
| $3.2M | ﹤0.01% |
168,277
+86,216
| +105% | +$1.31M |
|
|
NBIS
2933
Nebius Group N.V.
NBIS
$52.7B
| $3.2M | ﹤0.01% |
280,281
| – | – |
|
2934
FVCBankcorp
FVCB
$339M
| $3.19M | ﹤0.01% |
296,539
+27,711
| +10% | +$276K |
|
2935
Oak Valley Bancorp
OVLY
$284M
| $3.19M | ﹤0.01% |
126,782
+65,284
| +106% | +$1.59M |
|
2936
Kaltura
KLTR
$211M
| $3.19M | ﹤0.01% |
1,503,483
+834,242
| +125% | +$1.55M |
|
|
TTSH
2937
DELISTED
Tile Shop Holdings
TTSH
| $3.18M | ﹤0.01% |
574,777
-35,186
| -6% | -$172K |
|
2938
Alico
ALCO
$283M
| $3.18M | ﹤0.01% |
124,911
+4,984
| +4% | +$121K |
|
2939
eGain
EGAN
$192M
| $3.18M | ﹤0.01% |
424,511
-3,653
| -0.9% | -$26.6K |
|
2940
Stratus Properties
STRS
$161M
| $3.18M | ﹤0.01% |
120,974
+1,258
| +1% | +$28.5K |
|
|
CCRD
2941
DELISTED
CoreCard
CCRD
| $3.17M | ﹤0.01% |
124,810
+64,778
| +108% | +$1.67M |
|
|
TIO
2942
DELISTED
Tingo Group, Inc. Common Stock
TIO
| $3.16M | ﹤0.01% |
2,611,415
+1,285,018
| +97% | +$2.9M |
|
2943
Humacyte
HUMA
$187M
| $3.15M | ﹤0.01% |
1,101,967
+48,034
| +5% | +$173K |
|
|
KLRS
2944
Kalaris Therapeutics
KLRS
$88M
| $3.14M | ﹤0.01% |
40,148
+5,771
| +17% | +$549K |
|
2945
LCNB Corp
LCNB
$284M
| $3.14M | ﹤0.01% |
212,426
+102,598
| +93% | +$1.57M |
|
|
TARO
2946
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.13M | ﹤0.01% |
+82,536
| New | +$2.59M |
|
2947
Citius Pharmaceuticals
CTXR
$16.2M
| $3.13M | ﹤0.01% |
104,321
+50,770
| +95% | +$1.67M |
|
2948
JFrog
FROG
$9.8B
| $3.13M | ﹤0.01% |
112,898
+3,615
| +3% | +$82.6K |
|
|
VLD
2949
DELISTED
Velo3D, Inc.
VLD
| $3.12M | ﹤0.01% |
41,314
+9,262
| +29% | +$646K |
|
2950
Tango Therapeutics
TNGX
$4.43B
| $3.12M | ﹤0.01% |
938,837
+51,966
| +6% | +$187K |
|
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.