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 |
GE HealthCare
GEHC
|
+$484M |
| 2 |
Microsoft
MSFT
|
+$417M |
| 3 |
Amazon
AMZN
|
+$365M |
| 4 |
Apple
AAPL
|
+$357M |
| 5 |
Merck
MRK
|
+$311M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$420M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$288M |
| 3 |
Philip Morris
PM
|
+$246M |
| 4 |
Canadian Pacific Kansas City
CP
|
+$228M |
| 5 |
Meta Platforms (Facebook)
META
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.14% |
| 2 | Healthcare | 13.96% |
| 3 | Financials | 12.57% |
| 4 | Consumer Discretionary | 10.55% |
| 5 | Industrials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OLP
2376
One Liberty Properties
OLP
$527M
| $8.32M | ﹤0.01% |
363,001
+1,816
| +0.5% | +$41.8K |
|
2377
MaxCyte
MXCT
$126M
| $8.31M | ﹤0.01% |
1,679,376
+56,315
| +3% | +$277K |
|
2378
Nurix Therapeutics
NRIX
$2.65B
| $8.26M | ﹤0.01% |
930,691
+36,475
| +4% | +$380K |
|
2379
DXP Enterprises
DXPE
$2.98B
| $8.26M | ﹤0.01% |
306,943
+10,677
| +4% | +$308K |
|
2380
Energy Fuels
UUUU
$3.53B
| $8.24M | ﹤0.01% |
1,477,168
+85,760
| +6% | +$556K |
|
|
JOYY
2381
JOYY Inc
JOYY
$3.75B
| $8.22M | ﹤0.01% |
264,816
-195
| -0.1% | -$6.56K |
|
2382
Anika Therapeutics
ANIK
$287M
| $8.18M | ﹤0.01% |
284,665
+9,043
| +3% | +$269K |
|
2383
Mitek Systems
MITK
$835M
| $8.18M | ﹤0.01% |
852,480
+39,129
| +5% | +$375K |
|
2384
Frontier Group Holdings
ULCC
$1.7B
| $8.17M | ﹤0.01% |
830,617
+24,732
| +3% | +$276K |
|
2385
Compañía de Minas Buenaventura
BVN
$8.67B
| $8.17M | ﹤0.01% |
1,004,800
-61,469
| -6% | -$490K |
|
2386
Omega Flex
OFLX
$312M
| $8.17M | ﹤0.01% |
73,313
+1,078
| +1% | +$117K |
|
|
FFIC
2387
DELISTED
Flushing Financial
FFIC
| $8.17M | ﹤0.01% |
548,658
+23,521
| +4% | +$434K |
|
2388
First Financial Corp
THFF
$969M
| $8.17M | ﹤0.01% |
217,969
+7,145
| +3% | +$307K |
|
|
PRSU
2389
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $8.14M | ﹤0.01% |
390,630
+18,545
| +5% | +$462K |
|
|
LOVE
2390
LoveSac
LOVE
$261M
| $8.11M | ﹤0.01% |
280,577
+14,830
| +6% | +$392K |
|
2391
Tecnoglass Holdings Inc.
TGLS
$1.96B
| $8.09M | ﹤0.01% |
192,843
+4,258
| +2% | +$153K |
|
|
ICPT
2392
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $8.05M | ﹤0.01% |
599,338
+14,344
| +2% | +$248K |
|
2393
FRP Holdings
FRPH
$421M
| $7.98M | ﹤0.01% |
275,882
+10,568
| +4% | +$298K |
|
2394
DMC Global
BOOM
$157M
| $7.95M | ﹤0.01% |
362,057
+17,085
| +5% | +$391K |
|
2395
Blink Charging
BLNK
$87.9M
| $7.94M | ﹤0.01% |
917,835
+168,475
| +22% | +$1.78M |
|
2396
Archer Aviation
ACHR
$4.26B
| $7.91M | ﹤0.01% |
2,766,972
+180,139
| +7% | +$486K |
|
|
CBAY
2397
DELISTED
Cymabay Therapeutics
CBAY
| $7.89M | ﹤0.01% |
904,958
+115,044
| +15% | +$921K |
|
2398
Business First Bancshares
BFST
$1.03B
| $7.87M | ﹤0.01% |
459,474
+18,208
| +4% | +$362K |
|
|
DAWN
2399
DELISTED
Day One Biopharmaceuticals
DAWN
| $7.87M | ﹤0.01% |
588,476
+7,992
| +1% | +$156K |
|
2400
Aehr Test Systems
AEHR
$3.36B
| $7.87M | ﹤0.01% |
253,630
+9,945
| +4% | +$320K |
|
Similar funds
Geode Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Geode Capital Management held 4,968 positions worth $770B, up 8.1% from $713B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.6%. Geode Capital Management opened 69 new positions and exited 162, leaving the 4,968-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 23% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q1 2023 buy was GE HealthCare: 6,775,612 shares worth $554M.
- Geode Capital Management added most to Microsoft in Q1 2023, an estimated $417M increase.
- Geode Capital Management's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $420M.
- Geode Capital Management fully exited SVB Financial Group in Q1 2023, selling an estimated $288M.
- Geode Capital Management's ten largest holdings make up 23% of its $770B portfolio in Q1 2023.
- Geode Capital Management opened 69 new positions and closed 162 in Q1 2023.
- Geode Capital Management's portfolio value rose 8.1% quarter-over-quarter to $770B.
Based on Geode Capital Management's 13F filing for Q1 2023, filed 15 May 2023.