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 | |
|---|---|---|---|---|---|---|
|
AIIO
2976
Robo.ai Inc
AIIO
$497M
| $2.25M | ﹤0.01% |
9,110
+281
| +3% | +$61K |
|
2977
IBEX
IBEX
$487M
| $2.23M | ﹤0.01% |
91,580
+5,165
| +6% | +$138K |
|
2978
Silicon Motion
SIMO
$8.36B
| $2.23M | ﹤0.01% |
34,060
+281
| +0.8% | +$18.4K |
|
2979
Acrivon Therapeutics
ACRV
$70.2M
| $2.23M | ﹤0.01% |
+175,404
| New | +$2.95M |
|
2980
Plains GP Holdings
PAGP
$4.96B
| $2.23M | ﹤0.01% |
169,654
+1,526
| +0.9% | +$20K |
|
2981
TORM
TRMD
$2.93B
| $2.23M | ﹤0.01% |
71,485
+616
| +0.9% | +$18.7K |
|
|
LUNA
2982
DELISTED
Luna Innovations Incorporated
LUNA
| $2.22M | ﹤0.01% |
309,369
+11,936
| +4% | +$105K |
|
|
AEVA
2983
Aeva Technologies
AEVA
$1.34B
| $2.22M | ﹤0.01% |
373,195
+9,096
| +2% | +$72.9K |
|
2984
Nathan's Famous
NATH
$405M
| $2.21M | ﹤0.01% |
29,209
+476
| +2% | +$35.2K |
|
2985
Alliance Resource Partners
ARLP
$3.27B
| $2.2M | ﹤0.01% |
108,902
+880
| +0.8% | +$18K |
|
2986
Actinium Pharmaceuticals
ATNM
$23.5M
| $2.2M | ﹤0.01% |
232,432
+746
| +0.3% | +$7.87K |
|
|
AOMR
2987
Angel Oak Mortgage REIT
AOMR
$221M
| $2.19M | ﹤0.01% |
300,363
+12,843
| +4% | +$94.9K |
|
2988
Hallador Energy
HNRG
$696M
| $2.18M | ﹤0.01% |
237,595
| – | – |
|
2989
Cooper-Standard Automotive
CPS
$553M
| $2.18M | ﹤0.01% |
153,107
+8,410
| +6% | +$123K |
|
2990
Pangaea Logistics
PANL
$474M
| $2.18M | ﹤0.01% |
370,544
+10,682
| +3% | +$64.1K |
|
2991
Cardlytics
CDLX
$23.8M
| $2.17M | ﹤0.01% |
63,873
+1,407
| +2% | +$73.5K |
|
|
TCS
2992
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $2.17M | ﹤0.01% |
42,110
+2,514
| +6% | +$167K |
|
2993
XPeng
XPEV
$11.2B
| $2.16M | ﹤0.01% |
194,098
-1,772,651
| -90% | -$17.1M |
|
2994
JFrog
FROG
$10.2B
| $2.15M | ﹤0.01% |
109,283
+12,720
| +13% | +$283K |
|
2995
Oportun Financial
OPRT
$278M
| $2.14M | ﹤0.01% |
554,904
+27,104
| +5% | +$152K |
|
|
AHT
2996
Ashford Hospitality Trust
AHT
$21M
| $2.13M | ﹤0.01% |
66,466
+2,036
| +3% | +$102K |
|
|
MPX
2997
DELISTED
Marine Products Corp
MPX
| $2.12M | ﹤0.01% |
160,859
+10,519
| +7% | +$137K |
|
2998
UNIFI
UFI
$123M
| $2.11M | ﹤0.01% |
258,866
+12,649
| +5% | +$113K |
|
2999
Crawford & Co Class A
CRD.A
$629M
| $2.11M | ﹤0.01% |
252,041
+13,032
| +5% | +$84.8K |
|
3000
Voyager Therapeutics
VYGR
$187M
| $2.11M | ﹤0.01% |
273,255
+517
| +0.2% | +$4.11K |
|
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.