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 | |
|---|---|---|---|---|---|---|
2526
SES AI
SES
$194M
| $6.2M | ﹤0.01% |
2,731,009
+94,340
| +4% | +$229K |
|
2527
AngioDynamics
ANGO
$623M
| $6.19M | ﹤0.01% |
847,300
+74,107
| +10% | +$617K |
|
2528
Weibo
WB
$1.96B
| $6.17M | ﹤0.01% |
493,910
+95,755
| +24% | +$1.27M |
|
2529
MaxCyte
MXCT
$117M
| $6.16M | ﹤0.01% |
1,973,437
+178,785
| +10% | +$719K |
|
2530
MacroGenics
MGNX
$248M
| $6.15M | ﹤0.01% |
1,320,000
+117,984
| +10% | +$587K |
|
2531
Burke & Herbert Financial Services Corp
BHRB
$1.5B
| $6.14M | ﹤0.01% |
132,225
+68,949
| +109% | +$3.55M |
|
2532
Excelerate Energy
EE
$1.24B
| $6.14M | ﹤0.01% |
360,523
+17,625
| +5% | +$344K |
|
2533
Atmus Filtration Technologies
ATMU
$4.4B
| $6.13M | ﹤0.01% |
+293,876
| New | +$6.73M |
|
|
SCPL
2534
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $6.11M | ﹤0.01% |
268,287
-6,872
| -2% | -$148K |
|
2535
Cerus
CERS
$453M
| $6.11M | ﹤0.01% |
3,769,797
+248,951
| +7% | +$517K |
|
2536
ThredUp
TDUP
$821M
| $6.11M | ﹤0.01% |
1,522,818
+75,766
| +5% | +$257K |
|
2537
8x8 Inc
EGHT
$328M
| $6.1M | ﹤0.01% |
2,419,529
+152,112
| +7% | +$541K |
|
2538
Oil-Dri
ODC
$1.41B
| $6.1M | ﹤0.01% |
197,390
+10,128
| +5% | +$324K |
|
2539
Limbach Holdings
LMB
$630M
| $6.09M | ﹤0.01% |
191,985
+12,779
| +7% | +$387K |
|
2540
Park Aerospace
PKE
$817M
| $6.09M | ﹤0.01% |
392,257
-7,868
| -2% | -$113K |
|
|
SHCR
2541
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $6.09M | ﹤0.01% |
6,473,040
+58,159
| +0.9% | +$69.4K |
|
2542
American Well
AMWL
$226M
| $6.08M | ﹤0.01% |
259,600
+10,451
| +4% | +$353K |
|
2543
American Vanguard Corp
AVD
$72.1M
| $6.07M | ﹤0.01% |
555,467
+12,299
| +2% | +$187K |
|
2544
Scholar Rock
SRRK
$5.69B
| $6.06M | ﹤0.01% |
853,072
+184,218
| +28% | +$1.24M |
|
|
FARO
2545
DELISTED
Faro Technologies
FARO
| $6.05M | ﹤0.01% |
397,330
+3,869
| +1% | +$62.1K |
|
2546
Advantage Solutions
ADV
$419M
| $6.05M | ﹤0.01% |
85,145
+4,149
| +5% | +$275K |
|
2547
OneWater Marine
ONEW
$211M
| $6.03M | ﹤0.01% |
235,395
+5,346
| +2% | +$160K |
|
2548
Bank of Marin Bancorp
BMRC
$472M
| $6.02M | ﹤0.01% |
329,059
+22,167
| +7% | +$428K |
|
2549
Solid Power
SLDP
$477M
| $6.01M | ﹤0.01% |
2,974,087
+214,517
| +8% | +$508K |
|
2550
Bowman Consulting
BWMN
$481M
| $6M | ﹤0.01% |
213,858
+29,599
| +16% | +$902K |
|
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.