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 | |
|---|---|---|---|---|---|---|
3751
Wrap Technologies
WRAP
$103M
| $381K | ﹤0.01% |
260,726
| – | – |
|
3752
Dragonfly Energy
DFLI
$15M
| $378K | ﹤0.01% |
2,841
+1,989
| +233% | +$593K |
|
3753
Duos Technologies
DUOT
$270M
| $376K | ﹤0.01% |
63,379
+40,075
| +172% | +$187K |
|
|
GOOS
3754
Canada Goose Holdings
GOOS
$872M
| $375K | ﹤0.01% |
21,063
| – | – |
|
3755
KULR Technology Group
KULR
$123M
| $375K | ﹤0.01% |
73,222
-5,741
| -7% | -$32.5K |
|
3756
Champions Oncology
CSBR
$74.5M
| $371K | ﹤0.01% |
58,916
+8,464
| +17% | +$43.7K |
|
3757
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $370K | ﹤0.01% |
2,073
+77
| +4% | +$14K |
|
3758
Magyar Bancorp
MGYR
$124M
| $369K | ﹤0.01% |
35,632
+3,742
| +12% | +$38.5K |
|
3759
Live Ventures
LIVE
$29.8M
| $368K | ﹤0.01% |
13,820
| – | – |
|
3760
Afya
AFYA
$1.31B
| $367K | ﹤0.01% |
26,135
| – | – |
|
|
HEPA
3761
DELISTED
Hepion Pharmaceuticals
HEPA
| $366K | ﹤0.01% |
698
+42
| +6% | +$25.8K |
|
|
HLTH
3762
DELISTED
Cue Health Inc. Common Stock
HLTH
| $365K | ﹤0.01% |
990,275
-985,614
| -50% | -$841K |
|
|
AKLI
3763
DELISTED
Akili Inc
AKLI
| $365K | ﹤0.01% |
329,190
+280,972
| +583% | +$361K |
|
3764
Intellicheck
IDN
$73.1M
| $363K | ﹤0.01% |
147,083
| – | – |
|
3765
Fortuna Silver Mines
FSM
$2.55B
| $363K | ﹤0.01% |
111,582
+6,789
| +6% | +$24.2K |
|
3766
Natural Health Trends
NHTC
$14.7M
| $363K | ﹤0.01% |
66,162
| – | – |
|
|
OMCC
3767
DELISTED
Old Market Capital Corp
OMCC
| $362K | ﹤0.01% |
72,247
| – | – |
|
|
SII
3768
Sprott
SII
$2.66B
| $362K | ﹤0.01% |
10,648
+827
| +8% | +$28.6K |
|
3769
Auburn National Bancorp
AUBN
$91.3M
| $362K | ﹤0.01% |
16,861
+2,705
| +19% | +$58.9K |
|
|
SUNW
3770
DELISTED
Sunworks, Inc.
SUNW
| $361K | ﹤0.01% |
319,153
| – | – |
|
3771
Milestone Scientific
MLSS
$35.3M
| $360K | ﹤0.01% |
413,992
+47,777
| +13% | +$43K |
|
|
EMBK
3772
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $360K | ﹤0.01% |
125,713
-7,030
| -5% | -$19.6K |
|
|
PPSI
3773
Pioneer Power Solutions
PPSI
$32.3M
| $359K | ﹤0.01% |
42,755
+8,248
| +24% | +$49.4K |
|
3774
Bank Of The James
BOTJ
$123M
| $359K | ﹤0.01% |
38,637
| – | – |
|
|
ORLA
3775
DELISTED
Orla Mining
ORLA
| $358K | ﹤0.01% |
85,262
+7,960
| +10% | +$35.4K |
|
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.