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 | |
|---|---|---|---|---|---|---|
|
DMRA
3651
Damora Therapeutics, Inc. Ordinary Shares
DMRA
$1.78B
| $488K | ﹤0.01% |
7,748
+3,390
| +78% | +$185K |
|
|
TIGR
3652
UP Fintech Holding
TIGR
$876M
| $487K | ﹤0.01% |
171,553
-154
| -0.1% | -$456 |
|
|
OLK
3653
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $487K | ﹤0.01% |
25,970
+7,503
| +41% | +$155K |
|
3654
Tigo Energy
TYGO
$145M
| $487K | ﹤0.01% |
+26,241
| New | +$351K |
|
3655
Goldgroup Mining Inc.
GORO
$157M
| $486K | ﹤0.01% |
772,005
-54,038
| -7% | -$47.9K |
|
3656
AMREP Corp
AXR
$123M
| $482K | ﹤0.01% |
26,850
+6,757
| +34% | +$102K |
|
3657
Sera Prognostics
SERA
$79.9M
| $479K | ﹤0.01% |
145,486
| – | – |
|
|
LTRPA
3658
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $477K | ﹤0.01% |
733,562
| – | – |
|
|
CIZN
3659
DELISTED
Citizens Holding Co.
CIZN
| $476K | ﹤0.01% |
38,980
| – | – |
|
3660
Airgain
AIRG
$73.4M
| $476K | ﹤0.01% |
88,064
| – | – |
|
3661
Minerva Neurosciences
NERV
$185M
| $475K | ﹤0.01% |
51,964
+10,900
| +27% | +$57.6K |
|
|
ASTR
3662
DELISTED
Astra Space, Inc. Class A Common Stock
ASTR
| $475K | ﹤0.01% |
85,846
-104,293
| -55% | -$596K |
|
3663
ASE Group
ASX
$77.3B
| $473K | ﹤0.01% |
60,760
+18,895
| +45% | +$145K |
|
3664
Fortress Biotech
FBIO
$104M
| $473K | ﹤0.01% |
57,292
+10,740
| +23% | +$106K |
|
3665
The Beachbody Company
BODI
$70.6M
| $472K | ﹤0.01% |
22,572
-20,725
| -48% | -$477K |
|
3666
Hudbay
HBM
$10.1B
| $472K | ﹤0.01% |
98,523
+16,085
| +20% | +$78.6K |
|
|
NYAX
3667
Nayax
NYAX
$2.55B
| $470K | ﹤0.01% |
25,722
+113
| +0.4% | +$2.07K |
|
3668
Broadway Financial
BYFC
$93.8M
| $469K | ﹤0.01% |
60,466
+150
| +0.2% | +$1.18K |
|
3669
Flux Power
FLUX
$11.2M
| $469K | ﹤0.01% |
108,864
-533
| -0.5% | -$2.07K |
|
3670
Spire Global
SPIR
$444M
| $469K | ﹤0.01% |
113,806
-150,742
| -57% | -$803K |
|
|
SPRB
3671
Spruce Biosciences
SPRB
$118M
| $469K | ﹤0.01% |
2,905
+2,097
| +260% | +$351K |
|
|
HMPT
3672
DELISTED
Home Point Capital, Inc Common Stock
HMPT
| $468K | ﹤0.01% |
201,894
+21,233
| +12% | +$45.3K |
|
3673
Solid Biosciences
SLDB
$794M
| $468K | ﹤0.01% |
89,259
+47,348
| +113% | +$266K |
|
3674
Celularity
CELU
$18.4M
| $467K | ﹤0.01% |
87,713
-28,200
| -24% | -$181K |
|
3675
Pro-Dex
PDEX
$187M
| $463K | ﹤0.01% |
24,303
| – | – |
|
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.