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 | |
|---|---|---|---|---|---|---|
|
PRST
3326
DELISTED
Presto Technologies, Inc. Common Stock
PRST
| $1.06M | ﹤0.01% |
203,635
+183,402
| +906% | +$575K |
|
3327
The Honest Company
HNST
$402M
| $1.06M | ﹤0.01% |
629,968
-628,304
| -50% | -$1.07M |
|
3328
Upland Software
UPLD
$12.8M
| $1.05M | ﹤0.01% |
29,286
-28,148
| -49% | -$969K |
|
3329
Amtech Systems
ASYS
$268M
| $1.05M | ﹤0.01% |
109,945
+1,466
| +1% | +$13.3K |
|
3330
Eastern Company
EML
$143M
| $1.04M | ﹤0.01% |
57,637
+3,641
| +7% | +$64K |
|
3331
ECB Bancorp
ECBK
$180M
| $1.04M | ﹤0.01% |
79,654
| – | – |
|
3332
Immunocore
IMCR
$1.72B
| $1.04M | ﹤0.01% |
17,346
+2,888
| +20% | +$165K |
|
|
HIMX
3333
Himax Technologies
HIMX
$2.19B
| $1.04M | ﹤0.01% |
153,583
+782
| +0.5% | +$5.49K |
|
3334
Lakeland Industries
LAKE
$113M
| $1.04M | ﹤0.01% |
72,027
-46
| -0.1% | -$575 |
|
3335
NN Inc
NNBR
$255M
| $1.04M | ﹤0.01% |
433,081
+33,185
| +8% | +$50.3K |
|
3336
Innovative Solutions & Support
ISSC
$327M
| $1.03M | ﹤0.01% |
144,250
+11,359
| +9% | +$78.2K |
|
3337
Franklin Financial Services
FRAF
$284M
| $1.03M | ﹤0.01% |
37,247
-1,569
| -4% | -$43.1K |
|
3338
Perion Network
PERI
$375M
| $1.03M | ﹤0.01% |
33,596
+19
| +0.1% | +$653 |
|
3339
XBiotech
XBIT
$68M
| $1.03M | ﹤0.01% |
173,181
+18,098
| +12% | +$81.7K |
|
3340
Envela
ELA
$563M
| $1.03M | ﹤0.01% |
139,715
+72,512
| +108% | +$505K |
|
|
CD
3341
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $1.03M | ﹤0.01% |
143,346
+24,734
| +21% | +$158K |
|
3342
First Northwest Bancorp
FNWB
$109M
| $1.02M | ﹤0.01% |
90,032
-5,844
| -6% | -$66.8K |
|
3343
Hawthorn Bancshares
HWBK
$269M
| $1.02M | ﹤0.01% |
57,004
+4,400
| +8% | +$84.9K |
|
3344
Shattuck Labs
STTK
$675M
| $1.02M | ﹤0.01% |
327,792
-18,393
| -5% | -$53.4K |
|
|
EARN
3345
Ellington Residential Mortgage REIT
EARN
$162M
| $1.02M | ﹤0.01% |
141,685
-14,864
| -9% | -$106K |
|
3346
Citizens
CIA
$239M
| $1.02M | ﹤0.01% |
423,696
| – | – |
|
3347
CEL-SCI Corp
CVM
$20.3M
| $1.02M | ﹤0.01% |
14,117
+1,380
| +11% | +$100K |
|
|
TCS
3348
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.02M | ﹤0.01% |
21,663
-20,447
| -49% | -$910K |
|
3349
Heritage Global
HGBL
$40.3M
| $1.02M | ﹤0.01% |
281,345
+9,905
| +4% | +$32.6K |
|
|
VRAY
3350
DELISTED
ViewRay, Inc.
VRAY
| $1.02M | ﹤0.01% |
2,891,527
+65,472
| +2% | +$67.8K |
|
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.