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 | |
|---|---|---|---|---|---|---|
|
WMPN
3251
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.22M | ﹤0.01% |
108,047
+2,327
| +2% | +$27.3K |
|
3252
BlackBerry
BB
$5.2B
| $1.22M | ﹤0.01% |
266,476
+7,773
| +3% | +$30.8K |
|
|
MITT
3253
TPG Mortgage Investment Trust
MITT
$227M
| $1.22M | ﹤0.01% |
211,512
-2,021
| -0.9% | -$12.2K |
|
|
ATYR
3254
aTyr Pharma
ATYR
$51.9M
| $1.22M | ﹤0.01% |
578,902
+336,663
| +139% | +$738K |
|
|
SEVN
3255
Seven Hills Realty Trust
SEVN
$173M
| $1.21M | ﹤0.01% |
121,611
+921
| +0.8% | +$9.71K |
|
3256
Olema Pharmaceuticals
OLMA
$1.03B
| $1.21M | ﹤0.01% |
349,946
+13,047
| +4% | +$53.2K |
|
|
ASTR
3257
DELISTED
Astra Space, Inc. Class A Common Stock
ASTR
| $1.21M | ﹤0.01% |
190,139
+8,065
| +4% | +$64.2K |
|
3258
Sanara MedTech
SMTI
$313M
| $1.21M | ﹤0.01% |
29,362
+1,252
| +4% | +$52.8K |
|
|
CMLS
3259
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.21M | ﹤0.01% |
328,046
+19,152
| +6% | +$108K |
|
3260
Puma Biotechnology
PBYI
$397M
| $1.21M | ﹤0.01% |
391,622
+10,711
| +3% | +$40.4K |
|
3261
Ranger Energy Services
RNGR
$374M
| $1.21M | ﹤0.01% |
118,406
+3,479
| +3% | +$37.9K |
|
3262
Hycroft Mining Holding Corp
HYMC
$2.08B
| $1.2M | ﹤0.01% |
278,423
+4,585
| +2% | +$22.3K |
|
3263
Perspective Therapeutics
CATX
$342M
| $1.19M | ﹤0.01% |
186,416
+72,260
| +63% | +$295K |
|
|
PRTK
3264
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.19M | ﹤0.01% |
466,795
+2,358
| +0.5% | +$4.66K |
|
|
SAL
3265
DELISTED
Salisbury Bancorp, Inc.
SAL
| $1.18M | ﹤0.01% |
49,080
+906
| +2% | +$25.7K |
|
3266
Hawthorn Bancshares
HWBK
$274M
| $1.18M | ﹤0.01% |
52,604
| – | – |
|
3267
Vroom Inc
VRM
$36.7M
| $1.18M | ﹤0.01% |
16,427
+53
| +0.3% | +$4.28K |
|
3268
Anixa Biosciences
ANIX
$116M
| $1.18M | ﹤0.01% |
274,289
| – | – |
|
3269
Aterian
ATER
$5.49M
| $1.18M | ﹤0.01% |
113,988
+5,808
| +5% | +$77.7K |
|
3270
Verrica Pharmaceuticals
VRCA
$92.9M
| $1.18M | ﹤0.01% |
18,088
+1,792
| +11% | +$108K |
|
|
GTHX
3271
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $1.17M | ﹤0.01% |
438,394
+83,855
| +24% | +$403K |
|
3272
Saga Communications
SGA
$58.9M
| $1.17M | ﹤0.01% |
52,787
+3,289
| +7% | +$78.7K |
|
3273
AirSculpt Technologies
AIRS
$350M
| $1.17M | ﹤0.01% |
232,082
+24,054
| +12% | +$133K |
|
3274
Priority Technology Holdings
PRTH
$553M
| $1.17M | ﹤0.01% |
325,576
+21,192
| +7% | +$90.5K |
|
|
CVAC
3275
DELISTED
CureVac
CVAC
| $1.17M | ﹤0.01% |
167,202
+1,188
| +0.7% | +$10.4K |
|
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.