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 | |
|---|---|---|---|---|---|---|
3676
One Stop Systems
OSS
$303M
| $458K | ﹤0.01% |
159,598
+38,787
| +32% | +$103K |
|
3677
Bioceres Crop Solutions
BIOX
$23M
| $457K | ﹤0.01% |
34,171
+4,356
| +15% | +$51.1K |
|
3678
Biodesix
BDSX
$220M
| $455K | ﹤0.01% |
18,478
+6,730
| +57% | +$202K |
|
3679
Brookfield Infrastructure Partners
BIP
$19.2B
| $454K | ﹤0.01% |
12,441
+62
| +0.5% | +$2.21K |
|
|
FARM
3680
DELISTED
Farmer Brothers
FARM
| $454K | ﹤0.01% |
163,899
| – | – |
|
|
RMGC
3681
DELISTED
RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
| $452K | ﹤0.01% |
40,039
-49,640
| -55% | -$524K |
|
3682
Bolt Biotherapeutics
BOLT
$7.67M
| $451K | ﹤0.01% |
17,611
+8,711
| +98% | +$277K |
|
3683
Flotek Industries
FTK
$852M
| $450K | ﹤0.01% |
102,268
+13,196
| +15% | +$53.9K |
|
3684
AN2 Therapeutics
ANTX
$193M
| $450K | ﹤0.01% |
52,962
-91,985
| -63% | -$661K |
|
3685
IAMGOLD
IAG
$8.2B
| $448K | ﹤0.01% |
169,131
+8,864
| +6% | +$25.7K |
|
3686
Quantum Computing Inc
QUBT
$1.83B
| $448K | ﹤0.01% |
379,527
+149,252
| +65% | +$197K |
|
3687
Coda Octopus Group
CODA
$114M
| $447K | ﹤0.01% |
54,433
+13,623
| +33% | +$119K |
|
|
SONX
3688
DELISTED
Sonendo, Inc.
SONX
| $447K | ﹤0.01% |
328,543
| – | – |
|
|
CAN
3689
Canaan Creative
CAN
$127M
| $447K | ﹤0.01% |
208,360
+55,618
| +36% | +$135K |
|
3690
Alibaba
BABA
$293B
| $447K | ﹤0.01% |
5,357
-1,405,246
| -100% | -$123M |
|
|
DBTX
3691
DELISTED
Decibel Therapeutics, Inc. Common Stock
DBTX
| $445K | ﹤0.01% |
115,567
| – | – |
|
3692
Reading International Class A
RDI
$33.2M
| $445K | ﹤0.01% |
167,864
| – | – |
|
3693
Biglari Holdings Class A
BH.A
$1.25B
| $442K | ﹤0.01% |
465
-174
| -27% | -$161K |
|
|
LCA
3694
DELISTED
Landcadia Holdings IV, Inc. Class A Common Stock
LCA
| $440K | ﹤0.01% |
43,419
| – | – |
|
|
BCYC
3695
Bicycle Therapeutics
BCYC
$269M
| $438K | ﹤0.01% |
17,144
| – | – |
|
3696
Hycroft Mining Holding Corp
HYMC
$1.82B
| $436K | ﹤0.01% |
147,781
-130,642
| -47% | -$495K |
|
3697
CVD Equipment Corp
CVV
$50M
| $436K | ﹤0.01% |
59,199
-1,600
| -3% | -$14.3K |
|
3698
Idaho Strategic Resources
IDR
$444M
| $436K | ﹤0.01% |
81,581
+10,768
| +15% | +$57.1K |
|
3699
Barnes & Noble Education
BNED
$431M
| $435K | ﹤0.01% |
3,449
-223
| -6% | -$31.2K |
|
3700
GEE Group
JOB
$23.1M
| $434K | ﹤0.01% |
847,571
| – | – |
|
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.