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 | |
|---|---|---|---|---|---|---|
|
OLPX
2776
DELISTED
Olaplex Holdings
OLPX
| $3.82M | ﹤0.01% |
1,960,605
+114,863
| +6% | +$346K |
|
|
MBCN
2777
DELISTED
Middlefield Banc Corp
MBCN
| $3.81M | ﹤0.01% |
149,996
-239
| -0.2% | -$6.57K |
|
2778
Zymeworks
ZYME
$1.73B
| $3.8M | ﹤0.01% |
599,463
+37,536
| +7% | +$277K |
|
|
SNPO
2779
DELISTED
Snap One Holdings Corp. Common Stock
SNPO
| $3.79M | ﹤0.01% |
410,392
+7,556
| +2% | +$74.9K |
|
2780
ProKidney
PROK
$343M
| $3.79M | ﹤0.01% |
827,629
+66,806
| +9% | +$639K |
|
|
BLFY
2781
DELISTED
Blue Foundry Bancorp
BLFY
| $3.79M | ﹤0.01% |
452,690
-19,752
| -4% | -$188K |
|
2782
Outdoor Holding Co
POWW
$252M
| $3.79M | ﹤0.01% |
1,875,567
+78,350
| +4% | +$164K |
|
2783
Asure Software
ASUR
$248M
| $3.78M | ﹤0.01% |
399,382
+13,706
| +4% | +$166K |
|
|
ABCM
2784
DELISTED
Abcam PLC
ABCM
| $3.77M | ﹤0.01% |
166,594
+10,650
| +7% | +$245K |
|
2785
Fate Therapeutics
FATE
$303M
| $3.76M | ﹤0.01% |
1,775,344
+30,232
| +2% | +$100K |
|
2786
Legacy Housing
LEGH
$654M
| $3.75M | ﹤0.01% |
193,303
+75
| +0% | +$1.65K |
|
2787
Omeros
OMER
$916M
| $3.75M | ﹤0.01% |
1,282,746
+29,035
| +2% | +$116K |
|
|
DNMR
2788
DELISTED
Danimer Scientific, Inc.
DNMR
| $3.75M | ﹤0.01% |
45,234
+1,857
| +4% | +$169K |
|
2789
Pure Cycle
PCYO
$255M
| $3.73M | ﹤0.01% |
388,785
+13,294
| +4% | +$150K |
|
2790
Norwood Financial Corp
NWFL
$371M
| $3.73M | ﹤0.01% |
144,728
+3,550
| +3% | +$102K |
|
2791
Compass Therapeutics
CMPX
$340M
| $3.73M | ﹤0.01% |
1,892,321
+84,114
| +5% | +$208K |
|
|
ATXS
2792
DELISTED
Astria Therapeutics
ATXS
| $3.72M | ﹤0.01% |
498,848
+30,870
| +7% | +$263K |
|
2793
GrowGeneration
GRWG
$88.9M
| $3.7M | ﹤0.01% |
1,267,234
+40,162
| +3% | +$132K |
|
2794
Tilly's
TLYS
$127M
| $3.68M | ﹤0.01% |
452,589
+23,744
| +6% | +$195K |
|
2795
BCB Bancorp
BCBP
$152M
| $3.67M | ﹤0.01% |
329,656
+12,400
| +4% | +$147K |
|
|
SCPH
2796
DELISTED
scPharmaceuticals
SCPH
| $3.64M | ﹤0.01% |
511,821
+66,107
| +15% | +$521K |
|
|
TEAD
2797
Teads Holding Co
TEAD
$80.2M
| $3.64M | ﹤0.01% |
747,975
+13,598
| +2% | +$71.8K |
|
2798
Orchestra BioMed
OBIO
$253M
| $3.63M | ﹤0.01% |
415,705
+220,949
| +113% | +$1.49M |
|
2799
Nano X Imaging
NNOX
$69.6M
| $3.61M | ﹤0.01% |
550,024
+24,234
| +5% | +$249K |
|
2800
Humacyte
HUMA
$197M
| $3.6M | ﹤0.01% |
1,229,079
+127,112
| +12% | +$421K |
|
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.