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 | |
|---|---|---|---|---|---|---|
|
LSEA
3051
DELISTED
Landsea Homes
LSEA
| $2.42M | ﹤0.01% |
259,631
+49,617
| +24% | +$347K |
|
|
LBPH
3052
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
| $2.42M | ﹤0.01% |
329,707
+247,801
| +303% | +$1.88M |
|
3053
Fossil Group
FOSL
$293M
| $2.4M | ﹤0.01% |
933,412
+7,069
| +0.8% | +$19.4K |
|
|
AD
3054
Array Digital Infrastructure
AD
$3.01B
| $2.39M | ﹤0.01% |
135,622
-155,686
| -53% | -$2.77M |
|
3055
Heron Therapeutics
HRTX
$93.9M
| $2.38M | ﹤0.01% |
2,054,426
+79,472
| +4% | +$142K |
|
3056
Bakkt Inc
BKKT
$321M
| $2.36M | ﹤0.01% |
76,870
+11,497
| +18% | +$403K |
|
3057
MeiraGTx Holdings
MGTX
$1.09B
| $2.36M | ﹤0.01% |
351,529
+16,242
| +5% | +$105K |
|
|
EVBN
3058
DELISTED
Evans Bancorp Inc
EVBN
| $2.36M | ﹤0.01% |
94,715
+47,624
| +101% | +$1.29M |
|
|
MCHB
3059
Mechanics Bancorp
MCHB
$3.72B
| $2.34M | ﹤0.01% |
395,651
+14,917
| +4% | +$140K |
|
3060
NextNav
NN
$1.79B
| $2.33M | ﹤0.01% |
794,170
-87,433
| -10% | -$211K |
|
3061
First Community Corp
FCCO
$321M
| $2.32M | ﹤0.01% |
133,776
+64,743
| +94% | +$1.19M |
|
|
MOMO
3062
Hello Group
MOMO
$885M
| $2.32M | ﹤0.01% |
241,279
+13,979
| +6% | +$123K |
|
3063
Acrivon Therapeutics
ACRV
$64.2M
| $2.31M | ﹤0.01% |
178,453
+3,049
| +2% | +$36.9K |
|
3064
Sportradar
SRAD
$4.3B
| $2.31M | ﹤0.01% |
178,802
+627
| +0.4% | +$7.56K |
|
|
ESSA
3065
DELISTED
ESSA Bancorp
ESSA
| $2.31M | ﹤0.01% |
154,244
+82,002
| +114% | +$1.24M |
|
3066
Lands' End
LE
$370M
| $2.3M | ﹤0.01% |
296,035
+4,316
| +1% | +$34.9K |
|
3067
Aemetis
AMTX
$106M
| $2.29M | ﹤0.01% |
312,292
-279,500
| -47% | -$1.06M |
|
|
AEVA
3068
Aeva Technologies
AEVA
$1.2B
| $2.28M | ﹤0.01% |
364,698
-8,497
| -2% | -$48.5K |
|
3069
Safe Bulkers
SB
$795M
| $2.28M | ﹤0.01% |
697,919
+7,325
| +1% | +$25.7K |
|
|
WHWK
3070
Whitehawk Therapeutics
WHWK
$190M
| $2.27M | ﹤0.01% |
332,513
+60,814
| +22% | +$473K |
|
3071
Quad
QUAD
$536M
| $2.27M | ﹤0.01% |
602,678
+11,247
| +2% | +$40.6K |
|
|
CRGE
3072
DELISTED
Charge Enterprises, Inc. Common Stock
CRGE
| $2.25M | ﹤0.01% |
2,291,766
+126,633
| +6% | +$129K |
|
3073
Fresenius Medical Care
FMS
$13.8B
| $2.25M | ﹤0.01% |
93,838
-2,691
| -3% | -$61.7K |
|
3074
5E Advanced Materials
FEAM
$45.7M
| $2.24M | ﹤0.01% |
29,757
+1,881
| +7% | +$179K |
|
3075
Verrica Pharmaceuticals
VRCA
$89.7M
| $2.24M | ﹤0.01% |
38,851
+20,763
| +115% | +$1.26M |
|
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.