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 | |
|---|---|---|---|---|---|---|
|
SNBR
2176
DELISTED
Sleep Number
SNBR
| $12.1M | ﹤0.01% |
444,366
+11,588
| +3% | +$265K |
|
|
INFA
2177
DELISTED
Informatica
INFA
| $12.1M | ﹤0.01% |
653,965
+124,877
| +24% | +$2.06M |
|
2178
Smith & Wesson
SWBI
$670M
| $12.1M | ﹤0.01% |
926,940
+37,089
| +4% | +$452K |
|
2179
Theravance Biopharma
TBPH
$875M
| $12.1M | ﹤0.01% |
1,165,662
-20,347
| -2% | -$225K |
|
|
FPI
2180
Farmland Partners
FPI
$425M
| $12M | ﹤0.01% |
986,542
+16,446
| +2% | +$184K |
|
2181
ACM Research
ACMR
$5.7B
| $12M | ﹤0.01% |
919,038
+45,144
| +5% | +$476K |
|
2182
CEVA Inc
CEVA
$1.01B
| $12M | ﹤0.01% |
470,212
+26,782
| +6% | +$674K |
|
|
FNA
2183
DELISTED
Paragon 28, Inc.
FNA
| $12M | ﹤0.01% |
675,636
+8,999
| +1% | +$162K |
|
2184
Planet Labs
PL
$8.14B
| $11.9M | ﹤0.01% |
3,709,029
+251,872
| +7% | +$998K |
|
|
NAPA
2185
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $11.9M | ﹤0.01% |
918,354
+44,883
| +5% | +$636K |
|
2186
Conduent
CNDT
$276M
| $11.9M | ﹤0.01% |
3,493,100
+231,668
| +7% | +$759K |
|
|
PFC
2187
DELISTED
Premier Financial Corp. Common Stock
PFC
| $11.8M | ﹤0.01% |
738,805
+19,704
| +3% | +$324K |
|
2188
Sana Biotechnology
SANA
$946M
| $11.8M | ﹤0.01% |
1,982,530
+201,565
| +11% | +$1.16M |
|
2189
Hackett Group
HCKT
$284M
| $11.8M | ﹤0.01% |
528,222
+39,028
| +8% | +$764K |
|
2190
RPC Inc
RES
$1.31B
| $11.8M | ﹤0.01% |
1,647,316
+172,889
| +12% | +$1.27M |
|
2191
MasterCraft Boat Holdings
MCFT
$608M
| $11.8M | ﹤0.01% |
384,064
+13,436
| +4% | +$388K |
|
2192
America's Car Mart
CRMT
$27.6M
| $11.8M | ﹤0.01% |
117,935
+2,788
| +2% | +$242K |
|
2193
DHT Holdings
DHT
$2.92B
| $11.8M | ﹤0.01% |
1,378,869
+78,079
| +6% | +$684K |
|
2194
Insteel Industries
IIIN
$638M
| $11.8M | ﹤0.01% |
377,655
+19,937
| +6% | +$591K |
|
2195
York Water
YORW
$502M
| $11.7M | ﹤0.01% |
284,639
+10,325
| +4% | +$448K |
|
2196
VSE Corp
VSEC
$6.01B
| $11.7M | ﹤0.01% |
214,656
+6,731
| +3% | +$325K |
|
2197
Titan International
TWI
$483M
| $11.7M | ﹤0.01% |
1,021,613
+76,866
| +8% | +$815K |
|
|
MODV
2198
DELISTED
ModivCare
MODV
| $11.6M | ﹤0.01% |
257,626
+3,793
| +1% | +$225K |
|
|
CBL
2199
CBL Properties
CBL
$1.75B
| $11.6M | ﹤0.01% |
527,126
+19,932
| +4% | +$467K |
|
2200
Merchants Bancorp
MBIN
$2.55B
| $11.6M | ﹤0.01% |
453,340
+14,712
| +3% | +$364K |
|
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.