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 | |
|---|---|---|---|---|---|---|
2576
Anika Therapeutics
ANIK
$259M
| $5.7M | ﹤0.01% |
305,860
+10,978
| +4% | +$228K |
|
2577
Peoples Financial Services
PFIS
$721M
| $5.7M | ﹤0.01% |
142,082
+5,782
| +4% | +$260K |
|
2578
Inspired Entertainment
INSE
$183M
| $5.68M | ﹤0.01% |
474,570
+15,214
| +3% | +$195K |
|
|
HLVX
2579
DELISTED
HilleVax
HLVX
| $5.63M | ﹤0.01% |
418,293
+60,971
| +17% | +$858K |
|
2580
Petco
WOOF
$845M
| $5.62M | ﹤0.01% |
1,373,105
+102,611
| +8% | +$675K |
|
2581
PLAYSTUDIOS Inc
MYPS
$95M
| $5.61M | ﹤0.01% |
1,763,508
+43,968
| +3% | +$174K |
|
2582
Westrock Coffee
WEST
$808M
| $5.59M | ﹤0.01% |
630,496
+189,241
| +43% | +$1.97M |
|
2583
Phibro Animal Health
PAHC
$1.44B
| $5.57M | ﹤0.01% |
436,376
+26,109
| +6% | +$370K |
|
2584
Arrow Financial
AROW
$673M
| $5.54M | ﹤0.01% |
325,680
+17,865
| +6% | +$329K |
|
2585
Summit Therapeutics
SMMT
$10.8B
| $5.53M | ﹤0.01% |
2,957,063
+277,754
| +10% | +$530K |
|
2586
Arcutis Biotherapeutics
ARQT
$3.36B
| $5.51M | ﹤0.01% |
1,037,946
+100,499
| +11% | +$855K |
|
2587
Funko
FNKO
$321M
| $5.51M | ﹤0.01% |
720,316
+33,099
| +5% | +$247K |
|
|
OSG
2588
DELISTED
Overseas Shipholding Group Inc.
OSG
| $5.48M | ﹤0.01% |
1,247,500
+72,865
| +6% | +$303K |
|
2589
Arbutus Biopharma
ABUS
$915M
| $5.48M | ﹤0.01% |
2,697,084
+98,958
| +4% | +$207K |
|
2590
Kodak
KODK
$961M
| $5.48M | ﹤0.01% |
1,300,443
+6,390
| +0.5% | +$31.3K |
|
2591
Kodiak Gas Services
KGS
$5.91B
| $5.47M | ﹤0.01% |
+306,123
| New | +$5.46M |
|
2592
NextNav
NN
$1.97B
| $5.45M | ﹤0.01% |
1,059,573
+265,403
| +33% | +$1.07M |
|
2593
ACNB Corp
ACNB
$662M
| $5.42M | ﹤0.01% |
171,315
+7,535
| +5% | +$249K |
|
|
SEMR
2594
DELISTED
Semrush
SEMR
| $5.41M | ﹤0.01% |
636,208
-10,056
| -2% | -$93.7K |
|
2595
Amplify Energy
AMPY
$159M
| $5.4M | ﹤0.01% |
734,632
+31,520
| +4% | +$218K |
|
|
EBTC
2596
DELISTED
Enterprise Bancorp
EBTC
| $5.4M | ﹤0.01% |
197,143
+4,972
| +3% | +$145K |
|
|
SMMF
2597
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.39M | ﹤0.01% |
239,292
+12,743
| +6% | +$294K |
|
2598
Citizens & Northern Corp
CZNC
$453M
| $5.39M | ﹤0.01% |
307,156
+14,527
| +5% | +$281K |
|
2599
Lindblad Expeditions
LIND
$2.25B
| $5.39M | ﹤0.01% |
748,502
+51,554
| +7% | +$491K |
|
2600
Lyell Immunopharma
LYEL
$332M
| $5.38M | ﹤0.01% |
182,824
+14,033
| +8% | +$666K |
|
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.