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 | |
|---|---|---|---|---|---|---|
|
SCU
2651
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $4.88M | ﹤0.01% |
420,253
-11,774
| -3% | -$129K |
|
2652
Civista Bancshares
CIVB
$600M
| $4.87M | ﹤0.01% |
314,162
+12,440
| +4% | +$216K |
|
2653
Costamare
CMRE
$1.77B
| $4.87M | ﹤0.01% |
505,805
+25,827
| +5% | +$263K |
|
|
TAST
2654
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $4.87M | ﹤0.01% |
738,219
+51,111
| +7% | +$314K |
|
|
TBRG
2655
DELISTED
TruBridge
TBRG
| $4.86M | ﹤0.01% |
304,924
+5,701
| +2% | +$116K |
|
2656
Commercial Vehicle Group
CVGI
$129M
| $4.84M | ﹤0.01% |
623,463
+20,797
| +3% | +$196K |
|
2657
Weave Communications
WEAV
$541M
| $4.84M | ﹤0.01% |
593,432
+32,083
| +6% | +$325K |
|
|
ASRT
2658
DELISTED
Assertio
ASRT
| $4.82M | ﹤0.01% |
125,428
+51,925
| +71% | +$3.03M |
|
|
EU
2659
enCore Energy
EU
$223M
| $4.82M | ﹤0.01% |
1,477,048
+99,802
| +7% | +$258K |
|
2660
Itaú Unibanco
ITUB
$90.5B
| $4.78M | ﹤0.01% |
1,009,407
+1,128
| +0.1% | +$5.63K |
|
|
GNTY
2661
DELISTED
Guaranty Bancshares
GNTY
| $4.78M | ﹤0.01% |
166,609
+4,978
| +3% | +$147K |
|
2662
Donegal Group Class A
DGICA
$728M
| $4.78M | ﹤0.01% |
334,967
+14,867
| +5% | +$218K |
|
|
AGS
2663
DELISTED
PlayAGS
AGS
| $4.76M | ﹤0.01% |
729,942
+105,567
| +17% | +$706K |
|
2664
ImmunityBio
IBRX
$7.59B
| $4.74M | ﹤0.01% |
2,806,183
+75,731
| +3% | +$152K |
|
|
ONTF
2665
DELISTED
ON24
ONTF
| $4.74M | ﹤0.01% |
748,477
+13,398
| +2% | +$98.8K |
|
2666
Seres Therapeutics
MCRB
$48.4M
| $4.73M | ﹤0.01% |
99,378
+1,310
| +1% | +$100K |
|
2667
Unisys
UIS
$214M
| $4.72M | ﹤0.01% |
1,368,974
+48,976
| +4% | +$207K |
|
2668
Aura Biosciences
AURA
$743M
| $4.72M | ﹤0.01% |
526,438
+26,842
| +5% | +$289K |
|
2669
Entravision Communication
EVC
$1.07B
| $4.72M | ﹤0.01% |
1,292,972
+110,664
| +9% | +$450K |
|
2670
Teekay
TK
$946M
| $4.72M | ﹤0.01% |
764,411
+63,565
| +9% | +$406K |
|
2671
B2Gold
BTG
$5.46B
| $4.7M | ﹤0.01% |
1,423,135
+703,736
| +98% | +$2.29M |
|
2672
GoodRx Holdings
GDRX
$1.11B
| $4.7M | ﹤0.01% |
834,368
+62,690
| +8% | +$418K |
|
|
MCBC
2673
DELISTED
Macatawa Bank Corp
MCBC
| $4.7M | ﹤0.01% |
523,955
+13,334
| +3% | +$125K |
|
2674
Freedom Holding
FRHC
$9.52B
| $4.69M | ﹤0.01% |
55,343
+33
| +0.1% | +$2.79K |
|
2675
Ternium
TX
$10.5B
| $4.65M | ﹤0.01% |
116,655
+4,801
| +4% | +$198K |
|
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.