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 | |
|---|---|---|---|---|---|---|
|
ZING
3301
DELISTED
FTAC Zeus Acquisition Corp. Class A Common Stock
ZING
| $1.11M | ﹤0.01% |
107,389
+1,540
| +1% | +$15.7K |
|
3302
Viant Technology
DSP
$245M
| $1.1M | ﹤0.01% |
253,664
+31,351
| +14% | +$135K |
|
3303
First Northwest Bancorp
FNWB
$107M
| $1.1M | ﹤0.01% |
95,876
+1
| +0% | +$14 |
|
|
VIGL
3304
DELISTED
Vigil Neuroscience
VIGL
| $1.1M | ﹤0.01% |
112,392
+8,625
| +8% | +$97K |
|
3305
Foster
FSTR
$434M
| $1.1M | ﹤0.01% |
95,511
| – | – |
|
3306
Galectin Therapeutics
GALT
$200M
| $1.1M | ﹤0.01% |
521,678
+7,863
| +2% | +$12.7K |
|
|
OMGA
3307
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $1.09M | ﹤0.01% |
181,543
| – | – |
|
3308
Mistras Group
MG
$500M
| $1.09M | ﹤0.01% |
161,421
+3,388
| +2% | +$18.5K |
|
|
BTWN
3309
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $1.08M | ﹤0.01% |
107,517
+880
| +0.8% | +$8.82K |
|
|
DFTX
3310
Definium Therapeutics
DFTX
$5.55B
| $1.08M | ﹤0.01% |
340,055
+58,384
| +21% | +$194K |
|
3311
OP Bancorp
OPBK
$237M
| $1.07M | ﹤0.01% |
120,238
| – | – |
|
|
AFMD
3312
DELISTED
Affimed
AFMD
| $1.07M | ﹤0.01% |
143,309
+6,731
| +5% | +$67.3K |
|
|
VAQC
3313
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $1.07M | ﹤0.01% |
105,659
+1,584
| +2% | +$16.1K |
|
3314
Personalis
PSNL
$1.41B
| $1.07M | ﹤0.01% |
386,501
+18,156
| +5% | +$51.1K |
|
|
VIEW
3315
DELISTED
View, Inc. Class A Common Stock
VIEW
| $1.06M | ﹤0.01% |
35,479
+4,931
| +16% | +$204K |
|
3316
TransAlta
TAC
$3.9B
| $1.06M | ﹤0.01% |
121,345
+32,092
| +36% | +$283K |
|
3317
Rigetti Computing
RGTI
$5.8B
| $1.06M | ﹤0.01% |
1,462,922
+25,721
| +2% | +$20.9K |
|
3318
CVRx
CVRX
$146M
| $1.06M | ﹤0.01% |
113,459
+4,808
| +4% | +$63.6K |
|
|
APPH
3319
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $1.06M | ﹤0.01% |
1,726,933
+364,590
| +27% | +$437K |
|
3320
Lakeland Industries
LAKE
$117M
| $1.05M | ﹤0.01% |
72,073
+738
| +1% | +$10.8K |
|
3321
Eastern Company
EML
$149M
| $1.05M | ﹤0.01% |
53,996
+676
| +1% | +$14.1K |
|
|
GHLD
3322
DELISTED
Guild Holdings
GHLD
| $1.05M | ﹤0.01% |
100,866
| – | – |
|
3323
HireQuest
HQI
$198M
| $1.05M | ﹤0.01% |
48,604
+1,628
| +3% | +$34.6K |
|
3324
Meridian
MRBK
$236M
| $1.05M | ﹤0.01% |
83,068
| – | – |
|
3325
Genelux
GNLX
$134M
| $1.05M | ﹤0.01% |
+37,709
| New | +$611K |
|
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.