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 | |
|---|---|---|---|---|---|---|
|
SYRS
3726
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $409K | ﹤0.01% |
129,863
+46,784
| +56% | +$150K |
|
3727
RLX Technology
RLX
$2.47B
| $409K | ﹤0.01% |
230,854
+52,024
| +29% | +$116K |
|
3728
Grupo Aeroportuario Centro Norte
OMAB
$5.16B
| $409K | ﹤0.01% |
4,816
+862
| +22% | +$74.4K |
|
|
BKSC
3729
DELISTED
Bank of South Carolina
BKSC
| $408K | ﹤0.01% |
29,568
+3,839
| +15% | +$54.8K |
|
3730
Precision BioSciences
DTIL
$180M
| $406K | ﹤0.01% |
25,727
-1,644
| -6% | -$37.6K |
|
3731
Catalyst Bancorp
CLST
$69.1M
| $404K | ﹤0.01% |
36,664
+3,676
| +11% | +$39K |
|
|
OPRA
3732
Opera Ltd
OPRA
$1.69B
| $404K | ﹤0.01% |
20,330
| – | – |
|
3733
Beasley Broadcasting Group
BBGI
$37.8M
| $402K | ﹤0.01% |
19,708
| – | – |
|
3734
Rani Therapeutics
RANI
$87M
| $400K | ﹤0.01% |
97,185
| – | – |
|
|
ML
3735
DELISTED
MoneyLion Inc.
ML
| $400K | ﹤0.01% |
33,339
-48,587
| -59% | -$590K |
|
|
PFIE
3736
DELISTED
Profire Energy, Inc
PFIE
| $398K | ﹤0.01% |
323,836
+60,121
| +23% | +$74.6K |
|
3737
Harte-Hanks
HHS
$16.2M
| $395K | ﹤0.01% |
72,118
+14,736
| +26% | +$100K |
|
|
CWBC
3738
DELISTED
Community West BanCshares
CWBC
| $393K | ﹤0.01% |
32,066
+2,626
| +9% | +$31K |
|
3739
Denison Mines
DNN
$2.54B
| $392K | ﹤0.01% |
312,890
+19,759
| +7% | +$22K |
|
|
APPH
3740
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $391K | ﹤0.01% |
1,057,473
-669,460
| -39% | -$302K |
|
3741
OppFi
OPFI
$800M
| $391K | ﹤0.01% |
191,790
+4,007
| +2% | +$8.33K |
|
3742
FreightCar America
RAIL
$261M
| $391K | ﹤0.01% |
131,148
| – | – |
|
3743
Alpha Pro Tech
APT
$50.4M
| $389K | ﹤0.01% |
97,842
+1,931
| +2% | +$7.6K |
|
|
RAIN
3744
DELISTED
Rain Oncology Inc. Common Stock
RAIN
| $388K | ﹤0.01% |
323,471
+161,578
| +100% | +$808K |
|
3745
BioCardia
BCDA
$12.3M
| $388K | ﹤0.01% |
9,677
+3,237
| +50% | +$99.7K |
|
3746
Greenwich LifeSciences
GLSI
$198M
| $385K | ﹤0.01% |
39,933
| – | – |
|
3747
Nomad Foods
NOMD
$1.66B
| $384K | ﹤0.01% |
21,940
+91
| +0.4% | +$1.66K |
|
|
ARAV
3748
DELISTED
Aravive, Inc. Common Stock
ARAV
| $383K | ﹤0.01% |
304,059
+88,841
| +41% | +$144K |
|
3749
Newegg Commerce
NEGG
$279M
| $382K | ﹤0.01% |
16,318
+1,012
| +7% | +$22.8K |
|
3750
Arq
ARQ
$84.6M
| $381K | ﹤0.01% |
204,943
+38,451
| +23% | +$63.6K |
|
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.