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 | |
|---|---|---|---|---|---|---|
2826
Park-Ohio Holdings
PKOH
$599M
| $3.46M | ﹤0.01% |
173,525
+5,248
| +3% | +$98.9K |
|
2827
Lufax Holding
LU
$1.3B
| $3.45M | ﹤0.01% |
819,656
+15,445
| +2% | +$85.5K |
|
2828
Rackspace Technology
RXT
$1.21B
| $3.45M | ﹤0.01% |
1,466,638
-75,065
| -5% | -$170K |
|
|
CVLY
2829
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $3.44M | ﹤0.01% |
184,711
+4,496
| +2% | +$91.9K |
|
2830
Groupon
GRPN
$1.04B
| $3.43M | ﹤0.01% |
223,947
+8,869
| +4% | +$86.4K |
|
2831
C&F Financial
CFFI
$283M
| $3.43M | ﹤0.01% |
64,000
+755
| +1% | +$41.3K |
|
2832
Greene County Bancorp
GCBC
$594M
| $3.41M | ﹤0.01% |
141,939
+3,482
| +3% | +$105K |
|
2833
Cipher Digital
CIFR
$7.65B
| $3.41M | ﹤0.01% |
1,463,110
+55,905
| +4% | +$189K |
|
2834
Ring Energy
REI
$312M
| $3.41M | ﹤0.01% |
1,748,239
-469,329
| -21% | -$941K |
|
|
SRG
2835
Seritage Growth Properties
SRG
$139M
| $3.4M | ﹤0.01% |
439,656
+21,041
| +5% | +$176K |
|
2836
Oak Valley Bancorp
OVLY
$281M
| $3.4M | ﹤0.01% |
135,484
+8,702
| +7% | +$226K |
|
|
ZYXI
2837
DELISTED
Zynex
ZYXI
| $3.4M | ﹤0.01% |
424,630
-8,558
| -2% | -$71.6K |
|
|
JBIO
2838
Jade Biosciences
JBIO
$1.32B
| $3.39M | ﹤0.01% |
7,137
+1,335
| +23% | +$723K |
|
|
ALLK
2839
DELISTED
Allakos
ALLK
| $3.39M | ﹤0.01% |
1,491,929
+72,126
| +5% | +$268K |
|
|
BGFV
2840
DELISTED
Big 5 Sporting Goods
BGFV
| $3.38M | ﹤0.01% |
482,571
+26,407
| +6% | +$220K |
|
2841
Erasca
ERAS
$6.46B
| $3.38M | ﹤0.01% |
1,715,393
+100,196
| +6% | +$257K |
|
2842
Hyliion Holdings
HYLN
$703M
| $3.38M | ﹤0.01% |
2,861,921
+154,869
| +6% | +$232K |
|
|
PSTX
2843
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $3.38M | ﹤0.01% |
1,418,317
+193,750
| +16% | +$406K |
|
2844
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $3.36M | ﹤0.01% |
268,274
+9,087
| +4% | +$126K |
|
2845
Quantum-Si Incorporated
QSI
$165M
| $3.36M | ﹤0.01% |
2,021,594
+162,864
| +9% | +$392K |
|
2846
Harvard Bioscience
HBIO
$28.7M
| $3.35M | ﹤0.01% |
77,806
+5,333
| +7% | +$246K |
|
2847
Parke Bancorp
PKBK
$401M
| $3.34M | ﹤0.01% |
205,213
+9,789
| +5% | +$172K |
|
|
TARO
2848
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.34M | ﹤0.01% |
88,473
+5,937
| +7% | +$223K |
|
2849
Melco Resorts & Entertainment
MLCO
$2.19B
| $3.34M | ﹤0.01% |
337,234
+4,630
| +1% | +$53.7K |
|
2850
Immuneering
IMRX
$284M
| $3.32M | ﹤0.01% |
432,704
+44,378
| +11% | +$408K |
|
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.