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 | |
|---|---|---|---|---|---|---|
3276
Viant Technology
DSP
$236M
| $1.2M | ﹤0.01% |
260,451
+6,787
| +3% | +$30K |
|
3277
Verastem
VSTM
$510M
| $1.2M | ﹤0.01% |
161,191
+3,145
| +2% | +$21.8K |
|
|
USAP
3278
DELISTED
Universal Stainless & Alloy
USAP
| $1.19M | ﹤0.01% |
85,208
+2,305
| +3% | +$24.5K |
|
|
GHLD
3279
DELISTED
Guild Holdings
GHLD
| $1.19M | ﹤0.01% |
104,880
+4,014
| +4% | +$42.9K |
|
|
NNDM
3280
Nano Dimension
NNDM
$316M
| $1.19M | ﹤0.01% |
411,876
+56,172
| +16% | +$139K |
|
3281
Richmond Mutual Bancorp
RMBI
$251M
| $1.19M | ﹤0.01% |
107,443
| – | – |
|
3282
Lantronix
LTRX
$240M
| $1.19M | ﹤0.01% |
281,688
-1,983
| -0.7% | -$8.45K |
|
|
TCN
3283
DELISTED
Tricon Residential Inc.
TCN
| $1.18M | ﹤0.01% |
134,323
+5,197
| +4% | +$42.5K |
|
3284
PrimeEnergy Resources
PNRG
$298M
| $1.18M | ﹤0.01% |
12,847
+7,175
| +126% | +$642K |
|
|
THRN
3285
DELISTED
Thorne Healthtech, Inc. Common Stock
THRN
| $1.17M | ﹤0.01% |
249,952
+5,384
| +2% | +$24.7K |
|
|
LVOX
3286
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $1.17M | ﹤0.01% |
426,753
-13,751
| -3% | -$38.3K |
|
3287
Amprius Technologies
AMPX
$1.36B
| $1.17M | ﹤0.01% |
163,138
+51,524
| +46% | +$442K |
|
3288
Graham Corp
GHM
$1.12B
| $1.17M | ﹤0.01% |
88,048
| – | – |
|
|
GRFS
3289
Grifois
GRFS
$5.36B
| $1.17M | ﹤0.01% |
127,604
-22,678
| -15% | -$187K |
|
3290
Investar Holding Corp
ISTR
$415M
| $1.16M | ﹤0.01% |
95,382
-4,505
| -5% | -$55.2K |
|
3291
Alaunos Therapeutics
TCRT
$4.59M
| $1.15M | ﹤0.01% |
15,030
+786
| +6% | +$63.6K |
|
3292
DLH Holdings
DLHC
$70.7M
| $1.15M | ﹤0.01% |
112,022
+10,710
| +11% | +$110K |
|
3293
GeneDx Holdings
WGS
$1.93B
| $1.15M | ﹤0.01% |
192,652
-67,107
| -26% | -$531K |
|
3294
Priority Technology Holdings
PRTH
$535M
| $1.15M | ﹤0.01% |
316,806
-8,770
| -3% | -$31.7K |
|
|
DRRX
3295
DELISTED
DURECT Corp
DRRX
| $1.15M | ﹤0.01% |
231,593
+15,919
| +7% | +$80.7K |
|
|
VXRT
3296
DELISTED
Vaxart
VXRT
| $1.15M | ﹤0.01% |
1,568,909
-1,093,564
| -41% | -$1.02M |
|
|
ESPR
3297
DELISTED
Esperion Therapeutics
ESPR
| $1.14M | ﹤0.01% |
823,507
-497,310
| -38% | -$694K |
|
3298
Urban One Class A
UONE
$22.8M
| $1.13M | ﹤0.01% |
18,883
+337
| +2% | +$23.1K |
|
|
ZING
3299
DELISTED
FTAC Zeus Acquisition Corp. Class A Common Stock
ZING
| $1.13M | ﹤0.01% |
108,054
+665
| +0.6% | +$6.88K |
|
|
CHMI
3300
Cherry Hill Mortgage Investment Corp
CHMI
$83M
| $1.12M | ﹤0.01% |
232,839
+56,030
| +32% | +$289K |
|
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.