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 | |
|---|---|---|---|---|---|---|
3226
Bluerock Homes Trust
BHM
$34.1M
| $1.31M | ﹤0.01% |
66,188
+4,086
| +7% | +$83.7K |
|
|
RPT
3227
Rithm Property Trust
RPT
$94.1M
| $1.31M | ﹤0.01% |
33,210
| – | – |
|
|
SSBK
3228
DELISTED
Southern States Bancshares
SSBK
| $1.31M | ﹤0.01% |
58,078
| – | – |
|
3229
Byrna Technologies
BYRN
$106M
| $1.31M | ﹤0.01% |
172,446
| – | – |
|
3230
Focus Universal
FCUV
$6.94M
| $1.31M | ﹤0.01% |
1,309
+69
| +6% | +$99.7K |
|
|
PFSW
3231
DELISTED
PFSweb, Inc.
PFSW
| $1.3M | ﹤0.01% |
306,626
+15,748
| +5% | +$97.4K |
|
3232
Equinor
EQNR
$91.9B
| $1.3M | ﹤0.01% |
45,714
| – | – |
|
3233
Escalade
ESCA
$306M
| $1.3M | ﹤0.01% |
88,918
+1
| +0% | +$13 |
|
|
RDNW
3234
RideNow Group
RDNW
$259M
| $1.3M | ﹤0.01% |
213,924
+15,950
| +8% | +$130K |
|
3235
Ovid Therapeutics
OVID
$496M
| $1.29M | ﹤0.01% |
499,635
| – | – |
|
3236
American Outdoor Brands
AOUT
$155M
| $1.29M | ﹤0.01% |
130,829
| – | – |
|
|
CAMP
3237
DELISTED
CalAmp Corp.
CAMP
| $1.29M | ﹤0.01% |
15,563
| – | – |
|
3238
Kaltura
KLTR
$304M
| $1.28M | ﹤0.01% |
669,241
| – | – |
|
|
BBIG
3239
DELISTED
Vinco Ventures, Inc. Common Stock
BBIG
| $1.28M | ﹤0.01% |
199,341
+3,470
| +2% | +$36.7K |
|
3240
KLX Energy Services
KLXE
$42.7M
| $1.28M | ﹤0.01% |
109,861
+7,205
| +7% | +$98.1K |
|
|
LSEA
3241
DELISTED
Landsea Homes
LSEA
| $1.27M | ﹤0.01% |
210,014
+1,355
| +0.6% | +$8.69K |
|
3242
American Express Global Business Travel
GBTG
$4.93B
| $1.25M | ﹤0.01% |
188,969
+12,911
| +7% | +$88.5K |
|
3243
Cytosorbents Corp
CTSO
$24.2M
| $1.25M | ﹤0.01% |
371,708
| – | – |
|
|
LPTV
3244
DELISTED
Loop Media, Inc.
LPTV
| $1.25M | ﹤0.01% |
216,583
+411
| +0.2% | +$2.39K |
|
3245
Invivyd
IVVD
$179M
| $1.24M | ﹤0.01% |
1,037,197
+15,342
| +2% | +$28K |
|
|
HIMX
3246
Himax Technologies
HIMX
$2.37B
| $1.24M | ﹤0.01% |
152,801
+1,243
| +0.8% | +$9.6K |
|
3247
Larimar Therapeutics
LRMR
$433M
| $1.23M | ﹤0.01% |
271,964
+41,173
| +18% | +$215K |
|
3248
Lantronix
LTRX
$267M
| $1.23M | ﹤0.01% |
283,671
+22,804
| +9% | +$107K |
|
3249
Achieve Life Sciences
ACHV
$679M
| $1.23M | ﹤0.01% |
180,483
+95,118
| +111% | +$452K |
|
|
VBIV
3250
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $1.23M | ﹤0.01% |
129,889
+210
| +0.2% | +$2.98K |
|
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.