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
|
+$1.02B |
| 2 |
Apple
AAPL
|
+$837M |
| 3 |
Amazon
AMZN
|
+$811M |
| 4 |
Kenvue
KVUE
|
+$761M |
| 5 |
Blackstone
BX
|
+$581M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$438M |
| 2 |
Texas Instruments
TXN
|
+$235M |
| 3 |
Pfizer
PFE
|
+$205M |
| 4 |
LSI
Life Storage, Inc.
LSI
|
+$202M |
| 5 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$145M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.7% |
| 2 | Healthcare | 13.07% |
| 3 | Financials | 12.46% |
| 4 | Consumer Discretionary | 10.84% |
| 5 | Industrials | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Equity Bancshares
EQBK
$1.05B
| $6.84M | ﹤0.01% |
284,060
+4,469
| +2% | +$112K |
|
|
VTNR
2477
DELISTED
Vertex Energy, Inc
VTNR
| $6.82M | ﹤0.01% |
1,533,350
+232,862
| +18% | +$1.2M |
|
2478
FTAI Infrastructure
FIP
$405M
| $6.82M | ﹤0.01% |
2,118,889
+80,962
| +4% | +$280K |
|
2479
Microvast
MVST
$274M
| $6.82M | ﹤0.01% |
3,608,583
+457,696
| +15% | +$980K |
|
2480
iHeartMedia
IHRT
$602M
| $6.81M | ﹤0.01% |
2,156,010
+47,032
| +2% | +$177K |
|
|
TPC
2481
Tutor Perini Cor
TPC
$4.51B
| $6.8M | ﹤0.01% |
868,524
+37,461
| +5% | +$308K |
|
|
AMPS
2482
DELISTED
Altus Power
AMPS
| $6.79M | ﹤0.01% |
1,292,668
+302,647
| +31% | +$1.85M |
|
2483
NerdWallet
NRDS
$599M
| $6.77M | ﹤0.01% |
761,348
+85,192
| +13% | +$796K |
|
2484
Tactile Systems Technology
TCMD
$672M
| $6.77M | ﹤0.01% |
481,696
+30,264
| +7% | +$592K |
|
|
SFIX
2485
Stitch Fix
SFIX
$552M
| $6.76M | ﹤0.01% |
1,960,309
+186,297
| +11% | +$745K |
|
2486
Tecnoglass Holdings Inc.
TGLS
$2.07B
| $6.76M | ﹤0.01% |
205,150
+8,717
| +4% | +$356K |
|
|
SEI
2487
Solaris Energy Infrastructure
SEI
$3.4B
| $6.76M | ﹤0.01% |
634,244
-15,837
| -2% | -$162K |
|
|
BLUE
2488
DELISTED
bluebird bio
BLUE
| $6.75M | ﹤0.01% |
111,075
+87
| +0.1% | +$6.11K |
|
2489
Alerus Financial
ALRS
$853M
| $6.74M | ﹤0.01% |
370,652
+18,286
| +5% | +$344K |
|
2490
Amalgamated Financial
AMAL
$1.48B
| $6.69M | ﹤0.01% |
388,419
+13,121
| +3% | +$237K |
|
|
AAN
2491
DELISTED
The Aaron's Company Inc
AAN
| $6.69M | ﹤0.01% |
638,660
+24,196
| +4% | +$308K |
|
|
HT
2492
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $6.68M | ﹤0.01% |
677,053
+19,887
| +3% | +$152K |
|
2493
Ivanhoe Electric
IE
$1.54B
| $6.66M | ﹤0.01% |
560,009
+28,800
| +5% | +$432K |
|
2494
AST SpaceMobile
ASTS
$21B
| $6.66M | ﹤0.01% |
1,752,477
+513,240
| +41% | +$2.07M |
|
|
MCW
2495
DELISTED
Mister Car Wash
MCW
| $6.65M | ﹤0.01% |
1,206,939
+102,681
| +9% | +$784K |
|
|
NXDT
2496
NexPoint Diversified Real Estate Trust
NXDT
$244M
| $6.63M | ﹤0.01% |
760,977
+30,717
| +4% | +$328K |
|
2497
SEACOR Marine Holdings
SMHI
$257M
| $6.63M | ﹤0.01% |
477,365
+21,212
| +5% | +$257K |
|
2498
iRadimed
IRMD
$1.17B
| $6.63M | ﹤0.01% |
149,294
+6,736
| +5% | +$313K |
|
2499
SmartFinancial
SMBK
$909M
| $6.62M | ﹤0.01% |
309,698
+7,251
| +2% | +$168K |
|
2500
Maplebear
CART
$10.7B
| $6.6M | ﹤0.01% |
+222,242
| New | +$6.74M |
|
Similar funds
Geode Capital Management's Q3 2023 Portfolio in Review
As of Q3 2023, Geode Capital Management held 4,905 positions worth $840B, down 1.3% from $851B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Geode Capital Management's Q3 2023 filing shows 147 new, 3,717 increased, 626 reduced and 142 closed positions. Its largest new stake was Kenvue: 32,873,626 shares worth $659M. The largest sale was Johnson & Johnson, an estimated $438M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q3 2023 buy was Kenvue: 32,873,626 shares worth $659M.
- Geode Capital Management added most to Microsoft in Q3 2023, an estimated $1.02B increase.
- Geode Capital Management's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $438M.
- Geode Capital Management fully exited Life Storage, Inc. in Q3 2023, selling an estimated $202M.
- Geode Capital Management's ten largest holdings make up 26% of its $840B portfolio in Q3 2023.
- Geode Capital Management opened 147 new positions and closed 142 in Q3 2023.
- Geode Capital Management's portfolio value fell 1.3% quarter-over-quarter to $840B.
Based on Geode Capital Management's 13F filing for Q3 2023, filed 13 Nov 2023.