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 | |
|---|---|---|---|---|---|---|
|
HYPD
3251
Hyperion DeFi Inc
HYPD
$40M
| $1.32M | ﹤0.01% |
6,943
+3,692
| +114% | +$1.06M |
|
|
AUGX
3252
DELISTED
Augmedix, Inc. Common Stock
AUGX
| $1.31M | ﹤0.01% |
272,497
+61,976
| +29% | +$214K |
|
|
FIRY
3253
Firy Inc
FIRY
$148M
| $1.31M | ﹤0.01% |
143,606
-139,261
| -49% | -$1.61M |
|
|
SACH
3254
Sachem Capital Corp
SACH
$39.1M
| $1.29M | ﹤0.01% |
369,052
+4,363
| +1% | +$14.7K |
|
|
ATYR
3255
aTyr Pharma
ATYR
$47.6M
| $1.28M | ﹤0.01% |
593,474
+14,572
| +3% | +$31.8K |
|
3256
Arteris
AIP
$1.38B
| $1.28M | ﹤0.01% |
187,597
-130,850
| -41% | -$707K |
|
|
BGXX
3257
DELISTED
Bright Green Corporation Common Stock
BGXX
| $1.28M | ﹤0.01% |
1,266,240
+577,013
| +84% | +$624K |
|
3258
Inovio Pharmaceuticals
INO
$55.7M
| $1.28M | ﹤0.01% |
238,437
-192,961
| -45% | -$1.56M |
|
3259
Porch Group
PRCH
$1.64B
| $1.28M | ﹤0.01% |
924,928
-720,409
| -44% | -$873K |
|
3260
Talkspace
TALK
$874M
| $1.28M | ﹤0.01% |
1,004,246
+25,974
| +3% | +$25.2K |
|
3261
Groupon
GRPN
$1.05B
| $1.27M | ﹤0.01% |
215,078
-199,289
| -48% | -$882K |
|
3262
LiveWire
LVWR
$371M
| $1.25M | ﹤0.01% |
+106,192
| New | +$883K |
|
3263
American Resources Corp
AREC
$191M
| $1.25M | ﹤0.01% |
639,376
+34,328
| +6% | +$52.4K |
|
|
AHT
3264
Ashford Hospitality Trust
AHT
$20.9M
| $1.25M | ﹤0.01% |
33,557
-32,909
| -50% | -$1.24M |
|
|
RPT
3265
Rithm Property Trust
RPT
$95.8M
| $1.25M | ﹤0.01% |
34,018
+808
| +2% | +$29K |
|
|
SEVN
3266
Seven Hills Realty Trust
SEVN
$171M
| $1.25M | ﹤0.01% |
121,611
| – | – |
|
3267
RCM Technologies
RCMT
$201M
| $1.24M | ﹤0.01% |
67,473
-2,463
| -4% | -$36K |
|
3268
Bassett Furniture
BSET
$164M
| $1.24M | ﹤0.01% |
82,505
-3,941
| -5% | -$57.6K |
|
3269
Ouster
OUST
$2.63B
| $1.24M | ﹤0.01% |
251,179
-255,927
| -50% | -$1.34M |
|
|
SAL
3270
DELISTED
Salisbury Bancorp, Inc.
SAL
| $1.22M | ﹤0.01% |
51,346
+2,266
| +5% | +$54.5K |
|
|
GAMB
3271
DELISTED
Gambling.com
GAMB
| $1.22M | ﹤0.01% |
118,670
+23,222
| +24% | +$233K |
|
3272
Universal Electronics
UEIC
$57.8M
| $1.21M | ﹤0.01% |
126,277
-113,580
| -47% | -$1.05M |
|
3273
C4 Therapeutics
CCCC
$385M
| $1.21M | ﹤0.01% |
438,959
-401,819
| -48% | -$1.29M |
|
3274
Western New England Bancorp
WNEB
$259M
| $1.2M | ﹤0.01% |
206,178
-4,868
| -2% | -$31.6K |
|
3275
LiveOne
LVO
$61.7M
| $1.2M | ﹤0.01% |
68,330
+9,040
| +15% | +$128K |
|
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.