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 | |
|---|---|---|---|---|---|---|
3801
Gaia
GAIA
$46.8M
| $337K | ﹤0.01% |
145,978
| – | – |
|
3802
TherapeuticsMD
TXMD
$23.5M
| $337K | ﹤0.01% |
81,781
| – | – |
|
|
CODX
3803
Co-Diagnostics
CODX
$5.31M
| $335K | ﹤0.01% |
10,072
-578
| -5% | -$22.1K |
|
|
FLNT
3804
Fluent
FLNT
$102M
| $335K | ﹤0.01% |
89,141
+14,269
| +19% | +$60K |
|
|
VBFC
3805
DELISTED
Village Bank and Trust Financial Corp.
VBFC
| $335K | ﹤0.01% |
7,698
-1,207
| -14% | -$53.3K |
|
|
SILV
3806
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $335K | ﹤0.01% |
57,090
+3,859
| +7% | +$25.3K |
|
3807
Westwater Resources
WWR
$52.4M
| $334K | ﹤0.01% |
406,814
| – | – |
|
3808
BayFirst Financial Corp
BAFN
$35.6M
| $334K | ﹤0.01% |
24,741
| – | – |
|
|
EFXT
3809
Enerflex
EFXT
$2.72B
| $334K | ﹤0.01% |
48,987
+4,870
| +11% | +$29.6K |
|
|
EMKR
3810
DELISTED
Emcore Corp
EMKR
| $333K | ﹤0.01% |
44,292
+9,309
| +27% | +$84.3K |
|
3811
Mastech Digital
MHH
$93.1M
| $332K | ﹤0.01% |
33,605
+7,171
| +27% | +$70.5K |
|
3812
NextPlat
NXPL
$16.4M
| $331K | ﹤0.01% |
12,168
+5,446
| +81% | +$133K |
|
|
SA
3813
Seabridge Gold
SA
$2.78B
| $330K | ﹤0.01% |
27,331
+1,783
| +7% | +$24.2K |
|
3814
TH International
THCH
$54.1M
| $329K | ﹤0.01% |
22,941
+8,503
| +59% | +$153K |
|
|
MIRO
3815
DELISTED
Miromatrix Medical Inc. Common Stock
MIRO
| $329K | ﹤0.01% |
187,776
+48,195
| +35% | +$63.6K |
|
|
LDTC
3816
DELISTED
LeddarTech
LDTC
| $328K | ﹤0.01% |
62,816
| – | – |
|
3817
HUTCHMED
HCM
$1.93B
| $328K | ﹤0.01% |
27,321
+4,512
| +20% | +$61.6K |
|
|
TECX
3818
Tectonic Therapeutic
TECX
$529M
| $327K | ﹤0.01% |
28,645
+1,102
| +4% | +$12.5K |
|
3819
Aterian
ATER
$4.45M
| $327K | ﹤0.01% |
59,155
-54,833
| -48% | -$427K |
|
|
NOAH
3820
Noah Holdings
NOAH
$580M
| $326K | ﹤0.01% |
23,155
+10,927
| +89% | +$171K |
|
3821
Ondas Inc
ONDS
$4.27B
| $325K | ﹤0.01% |
377,539
-280,614
| -43% | -$267K |
|
|
HOFV
3822
DELISTED
Hall of Fame Resort & Entertainment Co
HOFV
| $324K | ﹤0.01% |
30,979
| – | – |
|
|
EH
3823
EHang Holdings
EH
$389M
| $323K | ﹤0.01% |
21,307
+2,976
| +16% | +$34.5K |
|
3824
Q32 Bio
QTTB
$466M
| $323K | ﹤0.01% |
20,289
-1,156
| -5% | -$20.8K |
|
3825
Cognition Therapeutics
CGTX
$79.6M
| $323K | ﹤0.01% |
176,498
+53,900
| +44% | +$114K |
|
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.