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 | |
|---|---|---|---|---|---|---|
3201
Kornit Digital
KRNT
$783M
| $1.39M | ﹤0.01% |
71,554
+3,403
| +5% | +$76.8K |
|
|
INZY
3202
DELISTED
Inozyme Pharma
INZY
| $1.38M | ﹤0.01% |
241,208
+8,082
| +3% | +$21.4K |
|
3203
First Community Corp
FCCO
$323M
| $1.38M | ﹤0.01% |
69,033
-7
| -0% | -$142 |
|
3204
Zevia
ZVIA
$126M
| $1.38M | ﹤0.01% |
358,074
| – | – |
|
3205
Paymentus
PAY
$5.13B
| $1.38M | ﹤0.01% |
155,356
+1,126
| +0.7% | +$9.5K |
|
3206
Aemetis
AMTX
$108M
| $1.37M | ﹤0.01% |
591,792
+8,288
| +1% | +$30.9K |
|
|
EMAN
3207
DELISTED
eMagin Corporation
EMAN
| $1.37M | ﹤0.01% |
659,736
+96,681
| +17% | +$116K |
|
3208
Lifetime Brands
LCUT
$199M
| $1.37M | ﹤0.01% |
232,921
+15,652
| +7% | +$112K |
|
3209
INNOVATE Corp
VATE
$99.4M
| $1.37M | ﹤0.01% |
46,006
| – | – |
|
3210
Jakks Pacific
JAKK
$294M
| $1.37M | ﹤0.01% |
78,964
+4,257
| +6% | +$79.8K |
|
3211
Celcuity
CELC
$4.47B
| $1.36M | ﹤0.01% |
132,888
+61,152
| +85% | +$670K |
|
|
LVOX
3212
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $1.36M | ﹤0.01% |
440,504
+43,382
| +11% | +$115K |
|
|
SACH
3213
Sachem Capital Corp
SACH
$39.7M
| $1.36M | ﹤0.01% |
364,689
+17,864
| +5% | +$65.7K |
|
3214
Energy Transfer Partners
ET
$70B
| $1.36M | ﹤0.01% |
108,692
+3,461
| +3% | +$43.7K |
|
|
CLPR
3215
Clipper Realty
CLPR
$43.8M
| $1.35M | ﹤0.01% |
235,089
+10,096
| +4% | +$66.9K |
|
3216
Arteris
AIP
$1.45B
| $1.35M | ﹤0.01% |
318,447
+28,541
| +10% | +$149K |
|
3217
Virginia National Bankshares
VABK
$258M
| $1.35M | ﹤0.01% |
37,459
+2,150
| +6% | +$81K |
|
3218
Alaunos Therapeutics
TCRT
$4.71M
| $1.35M | ﹤0.01% |
14,244
+282
| +2% | +$26.9K |
|
3219
Veru
VERU
$37.4M
| $1.34M | ﹤0.01% |
115,287
+4,874
| +4% | +$197K |
|
3220
Perion Network
PERI
$377M
| $1.33M | ﹤0.01% |
33,577
+6,406
| +24% | +$213K |
|
|
KWY
3221
Kingsway Corp
KWY
$261M
| $1.33M | ﹤0.01% |
150,631
+52,725
| +54% | +$464K |
|
3222
Beam Global
BEEM
$24.2M
| $1.32M | ﹤0.01% |
83,223
-363
| -0.4% | -$6K |
|
3223
Peoples Bancorp of North Carolina
PEBK
$231M
| $1.32M | ﹤0.01% |
41,550
+1,501
| +4% | +$49.2K |
|
|
SPPI
3224
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.32M | ﹤0.01% |
1,757,437
+245,235
| +16% | +$179K |
|
3225
MainStreet Bancshares
MNSB
$167M
| $1.31M | ﹤0.01% |
55,945
+213
| +0.4% | +$5.84K |
|
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.