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 | |
|---|---|---|---|---|---|---|
3126
Absci
ABSI
$1.42B
| $1.6M | ﹤0.01% |
911,588
-35,878
| -4% | -$86.8K |
|
|
LONA
3127
LeonaBio Inc
LONA
$70M
| $1.58M | ﹤0.01% |
63,235
+2,980
| +5% | +$96K |
|
|
EVBN
3128
DELISTED
Evans Bancorp Inc
EVBN
| $1.58M | ﹤0.01% |
47,091
| – | – |
|
3129
Plumas Bancorp
PLBC
$427M
| $1.58M | ﹤0.01% |
46,287
+544
| +1% | +$21.3K |
|
3130
C&F Financial
CFFI
$280M
| $1.57M | ﹤0.01% |
30,421
+476
| +2% | +$27.5K |
|
3131
Citizens
CIA
$236M
| $1.57M | ﹤0.01% |
423,696
| – | – |
|
|
TGAN
3132
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $1.57M | ﹤0.01% |
393,625
+3,071
| +0.8% | +$13.5K |
|
3133
Citius Pharmaceuticals
CTXR
$21.3M
| $1.57M | ﹤0.01% |
53,551
+246
| +0.5% | +$7.09K |
|
3134
ZIM Integrated Shipping Services
ZIM
$3.21B
| $1.56M | ﹤0.01% |
66,333
-429,059
| -87% | -$9.01M |
|
3135
ProKidney
PROK
$337M
| $1.56M | ﹤0.01% |
138,095
+5,287
| +4% | +$56.3K |
|
3136
Genmab
GMAB
$18B
| $1.56M | ﹤0.01% |
41,307
-535
| -1% | -$20.6K |
|
|
PSTX
3137
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $1.56M | ﹤0.01% |
506,090
+14,618
| +3% | +$87.6K |
|
3138
Petrobras
PBR
$119B
| $1.56M | ﹤0.01% |
149,348
-1,908
| -1% | -$20.8K |
|
|
FRGE
3139
DELISTED
Forge Global Holdings
FRGE
| $1.56M | ﹤0.01% |
59,258
+1,273
| +2% | +$34.6K |
|
|
SCPH
3140
DELISTED
scPharmaceuticals
SCPH
| $1.55M | ﹤0.01% |
171,444
+74,523
| +77% | +$546K |
|
3141
CorMedix
CRMD
$585M
| $1.55M | ﹤0.01% |
373,980
+17,063
| +5% | +$69.8K |
|
3142
Hydrofarm Holdings
HYFM
$8.1M
| $1.55M | ﹤0.01% |
89,324
+3,380
| +4% | +$59.8K |
|
3143
SEACOR Marine Holdings
SMHI
$259M
| $1.54M | ﹤0.01% |
202,972
+7,303
| +4% | +$69.4K |
|
3144
Establishment Labs
ESTA
$2.72B
| $1.54M | ﹤0.01% |
22,736
+176
| +0.8% | +$12.1K |
|
3145
Bassett Furniture
BSET
$171M
| $1.54M | ﹤0.01% |
86,446
+575
| +0.7% | +$10.7K |
|
|
TCFC
3146
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.53M | ﹤0.01% |
46,251
| – | – |
|
3147
Enterprise Products Partners
EPD
$81.4B
| $1.53M | ﹤0.01% |
58,963
+1,877
| +3% | +$48.2K |
|
3148
Medallion Financial
MFIN
$250M
| $1.52M | ﹤0.01% |
198,281
+229
| +0.1% | +$1.84K |
|
|
HYZN
3149
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
| $1.51M | ﹤0.01% |
37,072
+963
| +3% | +$71.8K |
|
3150
Criteo S.A. Ordinary Shares
CRTO
$832M
| $1.5M | ﹤0.01% |
47,745
+352
| +0.7% | +$10.9K |
|
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.