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 | |
|---|---|---|---|---|---|---|
|
GHL
3151
DELISTED
Greenhill & Co., Inc.
GHL
| $1.79M | ﹤0.01% |
122,294
-8,345
| -6% | -$88.2K |
|
|
GOCO
3152
DELISTED
GoHealth
GOCO
| $1.79M | ﹤0.01% |
90,881
+41,333
| +83% | +$649K |
|
|
JKS
3153
JinkoSolar
JKS
$793M
| $1.78M | ﹤0.01% |
40,043
+3,876
| +11% | +$175K |
|
3154
Empire Petroleum
EP
$99.1M
| $1.76M | ﹤0.01% |
193,038
+8,885
| +5% | +$94K |
|
|
OPTN
3155
DELISTED
OptiNose
OPTN
| $1.75M | ﹤0.01% |
94,700
+46,564
| +97% | +$1.1M |
|
3156
Fennec Pharmaceuticals
FENC
$332M
| $1.74M | ﹤0.01% |
196,877
+177,370
| +909% | +$1.47M |
|
3157
PepGen
PEPG
$122M
| $1.73M | ﹤0.01% |
194,047
-47,660
| -20% | -$623K |
|
|
GPGI
3158
GPGI Inc
GPGI
$3.83B
| $1.73M | ﹤0.01% |
304,421
+115,731
| +61% | +$693K |
|
|
GATO
3159
DELISTED
Gatos Silver, Inc.
GATO
| $1.73M | ﹤0.01% |
458,435
+15,643
| +4% | +$84.4K |
|
|
SPPI
3160
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.71M | ﹤0.01% |
1,783,701
+26,264
| +1% | +$26K |
|
3161
Identive
INVE
$63.4M
| $1.7M | ﹤0.01% |
202,553
-214,972
| -51% | -$1.47M |
|
3162
Viper Energy
VNOM
$8.71B
| $1.7M | ﹤0.01% |
63,483
+228
| +0.4% | +$6.24K |
|
3163
Oportun Financial
OPRT
$255M
| $1.7M | ﹤0.01% |
285,295
-269,609
| -49% | -$1.32M |
|
|
BGRY
3164
DELISTED
Berkshire Grey, Inc. Class A Common Stock
BGRY
| $1.68M | ﹤0.01% |
1,193,477
+129,857
| +12% | +$180K |
|
3165
Larimar Therapeutics
LRMR
$397M
| $1.68M | ﹤0.01% |
536,560
+264,596
| +97% | +$1.08M |
|
3166
Tilray
TLRY
$618M
| $1.67M | ﹤0.01% |
94,226
+2,156
| +2% | +$46.2K |
|
|
WE
3167
DELISTED
WeWork Inc.
WE
| $1.67M | ﹤0.01% |
163,074
+74,597
| +84% | +$1.03M |
|
3168
Urban One Class D
UONEK
$22.8M
| $1.67M | ﹤0.01% |
27,751
+6,906
| +33% | +$392K |
|
3169
Finance of America Companies
FOA
$203M
| $1.66M | ﹤0.01% |
87,070
+28,019
| +47% | +$470K |
|
3170
Pioneer Bancorp
PBFS
$432M
| $1.66M | ﹤0.01% |
185,779
-10,071
| -5% | -$88.2K |
|
3171
Duluth Holdings
DLTH
$155M
| $1.66M | ﹤0.01% |
264,630
-4,683
| -2% | -$27.9K |
|
3172
Paymentus
PAY
$4.29B
| $1.66M | ﹤0.01% |
157,087
+1,731
| +1% | +$16.2K |
|
3173
Zura Bio
ZURA
$516M
| $1.64M | ﹤0.01% |
+200,599
| New | +$1.61M |
|
3174
Perspective Therapeutics
CATX
$332M
| $1.64M | ﹤0.01% |
244,990
+58,574
| +31% | +$356K |
|
3175
MoonLake Immunotherapeutics
MLTX
$1.57B
| $1.63M | ﹤0.01% |
31,968
+14,859
| +87% | +$400K |
|
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.