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 | |
|---|---|---|---|---|---|---|
3601
Chunghwa Telecom
CHT
$33.1B
| $558K | ﹤0.01% |
14,958
| – | – |
|
3602
OPAL Fuels
OPAL
$71.3M
| $555K | ﹤0.01% |
74,445
+21,048
| +39% | +$146K |
|
|
FWAC
3603
DELISTED
Fifth Wall Acquisition Corp. III Class A Ordinary Shares
FWAC
| $555K | ﹤0.01% |
52,330
| – | – |
|
|
DLA
3604
DELISTED
Delta Apparel Inc.
DLA
| $552K | ﹤0.01% |
52,708
| – | – |
|
|
STRR
3605
Star Equity Holdings
STRR
$39.9M
| $550K | ﹤0.01% |
24,718
+242
| +1% | +$5.14K |
|
3606
Invivyd
IVVD
$158M
| $543K | ﹤0.01% |
517,594
-519,603
| -50% | -$663K |
|
|
CONN
3607
DELISTED
Conn's Inc.
CONN
| $542K | ﹤0.01% |
146,550
-132,766
| -48% | -$601K |
|
|
AE
3608
DELISTED
Adams Resources & Energy Inc
AE
| $540K | ﹤0.01% |
15,356
-1,078
| -7% | -$39K |
|
3609
IZEA Worldwide
IZEA
$60.6M
| $539K | ﹤0.01% |
222,843
+97,919
| +78% | +$256K |
|
3610
Fathom Holdings
FTHM
$26.4M
| $538K | ﹤0.01% |
75,390
+1,778
| +2% | +$9.95K |
|
3611
Neuronetics
STIM
$138M
| $537K | ﹤0.01% |
249,538
-6,275
| -2% | -$15.2K |
|
3612
Fuel Tech
FTEK
$43.9M
| $535K | ﹤0.01% |
403,462
+2,337
| +0.6% | +$3.06K |
|
|
ADTH
3613
DELISTED
AdTheorent Holding Co
ADTH
| $532K | ﹤0.01% |
380,062
-284,686
| -43% | -$433K |
|
3614
Galicia Financial Group
GGAL
$7.99B
| $532K | ﹤0.01% |
30,914
+1,626
| +6% | +$21.2K |
|
|
AXDX
3615
DELISTED
Accelerate Diagnostics
AXDX
| $531K | ﹤0.01% |
65,591
+15,839
| +32% | +$119K |
|
|
MAG
3616
DELISTED
MAG Silver
MAG
| $527K | ﹤0.01% |
47,291
+14,939
| +46% | +$186K |
|
|
PTRS
3617
DELISTED
Partners Bancorp Common Stock
PTRS
| $526K | ﹤0.01% |
84,940
+3,326
| +4% | +$21.6K |
|
|
MMP
3618
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $526K | ﹤0.01% |
8,435
+145
| +2% | +$8.46K |
|
3619
Verde Clean Fuels
VGAS
$22.5M
| $526K | ﹤0.01% |
+80,722
| New | +$590K |
|
3620
LifeVantage
LFVN
$81.1M
| $524K | ﹤0.01% |
120,357
+2,462
| +2% | +$10.2K |
|
|
LFAC
3621
DELISTED
LF Capital Acquisition Corp. II Class A Common Stock
LFAC
| $519K | ﹤0.01% |
48,609
| – | – |
|
3622
Ultralife
ULBI
$86.4M
| $519K | ﹤0.01% |
107,143
-12,666
| -11% | -$55K |
|
3623
Smart Sand
SND
$185M
| $518K | ﹤0.01% |
315,669
+912
| +0.3% | +$1.5K |
|
|
TCBC
3624
DELISTED
TC Bancshares, Inc. Common Stock
TCBC
| $514K | ﹤0.01% |
35,966
+4,974
| +16% | +$69.9K |
|
3625
Sono-Tek
SOTK
$81.3M
| $514K | ﹤0.01% |
95,216
| – | – |
|
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.