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 | |
|---|---|---|---|---|---|---|
|
GORV
3326
DELISTED
Lazydays
GORV
| $1.05M | ﹤0.01% |
2,985
+17
| +0.6% | +$6.39K |
|
3327
The Beachbody Company
BODI
$72.6M
| $1.04M | ﹤0.01% |
43,297
+1,589
| +4% | +$49.2K |
|
3328
Amtech Systems
ASYS
$275M
| $1.03M | ﹤0.01% |
108,479
+3,984
| +4% | +$37.4K |
|
3329
Paysign
PAYS
$517M
| $1.03M | ﹤0.01% |
284,821
| – | – |
|
3330
OR Royalties Inc
OR
$5.77B
| $1.03M | ﹤0.01% |
65,218
+64
| +0.1% | +$863 |
|
|
NNDM
3331
Nano Dimension
NNDM
$333M
| $1.03M | ﹤0.01% |
355,704
-6,596
| -2% | -$17.7K |
|
|
DCBO
3332
Docebo
DCBO
$533M
| $1.03M | ﹤0.01% |
25,173
| – | – |
|
3333
Aveanna Healthcare
AVAH
$2.09B
| $1.02M | ﹤0.01% |
981,798
+136,968
| +16% | +$163K |
|
3334
Comscore
SCOR
$108M
| $1.02M | ﹤0.01% |
41,444
+136
| +0.3% | +$3.31K |
|
3335
Everspin Technologies
MRAM
$408M
| $1.02M | ﹤0.01% |
149,709
| – | – |
|
3336
Shattuck Labs
STTK
$696M
| $1.02M | ﹤0.01% |
346,185
| – | – |
|
3337
Riverview Bancorp
RVSB
$109M
| $1.02M | ﹤0.01% |
190,422
| – | – |
|
3338
Cenntro
CENN
$8.43M
| $1.02M | ﹤0.01% |
3,669
+509
| +16% | +$164K |
|
3339
Value Line
VALU
$342M
| $1.02M | ﹤0.01% |
21,003
+86
| +0.4% | +$4.35K |
|
|
MNK
3340
DELISTED
Mallinckrodt plc
MNK
| $1.01M | ﹤0.01% |
139,157
+312
| +0.2% | +$2.5K |
|
3341
Lightspeed Commerce
LSPD
$1.33B
| $1.01M | ﹤0.01% |
66,550
+742
| +1% | +$11.8K |
|
3342
J. Jill
JILL
$277M
| $1.01M | ﹤0.01% |
38,869
+2,506
| +7% | +$66.3K |
|
3343
BioAtla
BCAB
$5.56M
| $1.01M | ﹤0.01% |
7,509
+463
| +7% | +$83.4K |
|
|
THRD
3344
DELISTED
Third Harmonic Bio
THRD
| $1.01M | ﹤0.01% |
244,192
+13,582
| +6% | +$57.7K |
|
|
FFNW
3345
DELISTED
First Financial Northwest, Inc
FFNW
| $1.01M | ﹤0.01% |
78,738
+1
| +0% | +$15 |
|
|
TCN
3346
DELISTED
Tricon Residential Inc.
TCN
| $1M | ﹤0.01% |
129,126
+3,749
| +3% | +$30.9K |
|
3347
Caesarstone
CSTE
$75.4M
| $999K | ﹤0.01% |
241,910
+23,898
| +11% | +$132K |
|
3348
Genasys
GNSS
$78.3M
| $999K | ﹤0.01% |
338,671
| – | – |
|
3349
Disc Medicine
IRON
$2.93B
| $997K | ﹤0.01% |
47,038
+19,878
| +73% | +$443K |
|
3350
TELA Bio
TELA
$33.1M
| $992K | ﹤0.01% |
93,255
+10,843
| +13% | +$120K |
|
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.