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 | |
|---|---|---|---|---|---|---|
|
HUT
3176
Hut 8
HUT
$10.8B
| $1.43M | ﹤0.01% |
154,337
-14,650
| -9% | -$124K |
|
|
ABCM
3177
DELISTED
Abcam PLC
ABCM
| $1.43M | ﹤0.01% |
106,049
+93,346
| +735% | +$1.39M |
|
3178
Chemung Financial Corp
CHMG
$397M
| $1.43M | ﹤0.01% |
34,386
+384
| +1% | +$18.4K |
|
3179
Harvard Bioscience
HBIO
$28.8M
| $1.42M | ﹤0.01% |
33,902
| – | – |
|
3180
TeraWulf
WULF
$9.2B
| $1.42M | ﹤0.01% |
1,513,649
+1,130,659
| +295% | +$843K |
|
|
JNCE
3181
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $1.42M | ﹤0.01% |
767,117
+96,655
| +14% | +$120K |
|
3182
American Superconductor
AMSC
$1.61B
| $1.42M | ﹤0.01% |
288,751
+10,524
| +4% | +$52.9K |
|
|
KG
3183
Kestrel Group
KG
$71.1M
| $1.42M | ﹤0.01% |
33,879
+1,962
| +6% | +$91K |
|
3184
EyePoint Inc
EYPT
$1.02B
| $1.42M | ﹤0.01% |
481,482
+28,651
| +6% | +$102K |
|
|
RAIN
3185
DELISTED
Rain Oncology Inc. Common Stock
RAIN
| $1.41M | ﹤0.01% |
161,893
+62,033
| +62% | +$573K |
|
|
MMAT
3186
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $1.41M | ﹤0.01% |
34,701
+1,422
| +4% | +$110K |
|
3187
Spire Global
SPIR
$499M
| $1.41M | ﹤0.01% |
264,548
+8,987
| +4% | +$71.8K |
|
|
SMLR
3188
DELISTED
Semler Scientific
SMLR
| $1.41M | ﹤0.01% |
52,448
| – | – |
|
3189
Matrix Service
MTRX
$332M
| $1.4M | ﹤0.01% |
259,428
-1,020
| -0.4% | -$7.08K |
|
3190
Urban One Class A
UONE
$23.7M
| $1.4M | ﹤0.01% |
18,546
+348
| +2% | +$22.8K |
|
|
NOTE
3191
DELISTED
FiscalNote
NOTE
| $1.4M | ﹤0.01% |
52,232
+1
| +0% | +$41 |
|
|
ML
3192
DELISTED
MoneyLion Inc.
ML
| $1.4M | ﹤0.01% |
81,926
+4,293
| +6% | +$89.3K |
|
3193
Investar Holding Corp
ISTR
$419M
| $1.39M | ﹤0.01% |
99,887
+309
| +0.3% | +$5.96K |
|
|
OPTN
3194
DELISTED
OptiNose
OPTN
| $1.39M | ﹤0.01% |
48,136
+13,515
| +39% | +$360K |
|
|
SWKH
3195
DELISTED
SWK Holdings
SWKH
| $1.39M | ﹤0.01% |
98,440
+2,187
| +2% | +$32.2K |
|
|
TIO
3196
DELISTED
Tingo Group, Inc. Common Stock
TIO
| $1.39M | ﹤0.01% |
1,326,397
+306,971
| +30% | +$292K |
|
3197
Standard BioTools
LAB
$310M
| $1.39M | ﹤0.01% |
714,047
+2,653
| +0.4% | +$5.24K |
|
3198
Mayville Engineering Co
MEC
$695M
| $1.39M | ﹤0.01% |
93,127
+7,834
| +9% | +$114K |
|
3199
SKYX Platforms
SKYX
$152M
| $1.39M | ﹤0.01% |
401,291
+2
| +0% | +$7 |
|
|
TRHC
3200
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $1.39M | ﹤0.01% |
248,002
+12,909
| +5% | +$73.9K |
|
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.