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 | |
|---|---|---|---|---|---|---|
3501
Curis
CRIS
$9.78M
| $688K | ﹤0.01% |
2,071
+10
| +0.5% | +$3.25K |
|
|
KRON
3502
DELISTED
Kronos Bio
KRON
| $686K | ﹤0.01% |
398,712
-369,887
| -48% | -$587K |
|
3503
Summit State Bank
SSBI
$83.8M
| $685K | ﹤0.01% |
45,327
+28,879
| +176% | +$428K |
|
3504
Stereotaxis
STXS
$126M
| $684K | ﹤0.01% |
447,305
+2,518
| +0.6% | +$4.67K |
|
3505
Absci
ABSI
$1.32B
| $683K | ﹤0.01% |
449,421
-462,167
| -51% | -$743K |
|
3506
American Realty Investors
ARL
$246M
| $683K | ﹤0.01% |
31,361
+5,557
| +22% | +$107K |
|
3507
1stdibs.com
DIBS
$149M
| $681K | ﹤0.01% |
182,185
-225,605
| -55% | -$859K |
|
3508
Redwire
RDW
$2.06B
| $681K | ﹤0.01% |
267,049
-109,987
| -29% | -$300K |
|
3509
Delcath Systems
DCTH
$422M
| $679K | ﹤0.01% |
116,536
+53,803
| +86% | +$337K |
|
|
SUP
3510
DELISTED
Superior Industries International
SUP
| $679K | ﹤0.01% |
188,514
| – | – |
|
3511
Aquestive Therapeutics
AQST
$464M
| $678K | ﹤0.01% |
410,977
+23,402
| +6% | +$42.3K |
|
|
DMTK
3512
DELISTED
DermTech, Inc. Common Stock
DMTK
| $678K | ﹤0.01% |
260,760
+4,541
| +2% | +$13.6K |
|
3513
Forafric Global
AFRI
$289M
| $674K | ﹤0.01% |
61,410
+48,636
| +381% | +$534K |
|
3514
CXApp
CXAI
$13.4M
| $674K | ﹤0.01% |
61,676
+31,736
| +106% | +$290K |
|
3515
Baytex Energy
BTE
$3.25B
| $668K | ﹤0.01% |
204,643
+51
| +0% | +$179 |
|
3516
FinWise Bancorp
FINW
$188M
| $667K | ﹤0.01% |
74,558
+424
| +0.6% | +$3.6K |
|
3517
Finward Bancorp
FNWD
$193M
| $667K | ﹤0.01% |
29,267
+3,548
| +14% | +$90.5K |
|
3518
Pagaya Technologies
PGY
$1.61B
| $667K | ﹤0.01% |
39,717
+19,149
| +93% | +$239K |
|
3519
New Mountain Finance
NMFC
$651M
| $663K | ﹤0.01% |
53,270
| – | – |
|
|
PPIH
3520
Perma-Pipe International
PPIH
$196M
| $661K | ﹤0.01% |
69,497
| – | – |
|
3521
Landmark Bancorp
LARK
$191M
| $661K | ﹤0.01% |
35,092
+3,304
| +10% | +$59.6K |
|
|
ZIVO
3522
DELISTED
Zivo Bioscience, Inc. Common Stock
ZIVO
| $660K | ﹤0.01% |
45,465
-639
| -1% | -$10.9K |
|
3523
Comp X International
CIX
$349M
| $660K | ﹤0.01% |
30,277
+3,683
| +14% | +$71.3K |
|
3524
Smith Micro Software
SMSI
$14.5M
| $660K | ﹤0.01% |
14,857
+1,005
| +7% | +$47.7K |
|
3525
Scilex Holding
SCLX
$46.9M
| $659K | ﹤0.01% |
3,382
+163
| +5% | +$45K |
|
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.