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 | |
|---|---|---|---|---|---|---|
2851
Expensify
EXFY
$195M
| $3.31M | ﹤0.01% |
1,018,544
+2,560
| +0.3% | +$13.8K |
|
2852
AlTi Global
ALTI
$512M
| $3.31M | ﹤0.01% |
475,469
+26,374
| +6% | +$196K |
|
2853
Primis Financial Corp
FRST
$409M
| $3.31M | ﹤0.01% |
405,867
+8,956
| +2% | +$79.1K |
|
2854
Banco Bradesco
BBD
$37.8B
| $3.3M | ﹤0.01% |
1,159,447
-4,494
| -0.4% | -$14.2K |
|
|
CMAX
2855
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $3.29M | ﹤0.01% |
51,689
+209
| +0.4% | +$14.6K |
|
2856
Stratus Properties
STRS
$159M
| $3.29M | ﹤0.01% |
119,915
-1,059
| -0.9% | -$29K |
|
|
RSVR
2857
Reservoir Media
RSVR
$675M
| $3.28M | ﹤0.01% |
538,092
-16,180
| -3% | -$90.8K |
|
|
ORGN
2858
DELISTED
Origin Materials
ORGN
| $3.28M | ﹤0.01% |
85,457
+7,037
| +9% | +$553K |
|
2859
Zevra Therapeutics
ZVRA
$622M
| $3.27M | ﹤0.01% |
679,051
+7,475
| +1% | +$37.3K |
|
2860
Lineage Cell Therapeutics
LCTX
$284M
| $3.27M | ﹤0.01% |
2,766,937
+346,129
| +14% | +$471K |
|
2861
Weyco Group
WEYS
$418M
| $3.26M | ﹤0.01% |
128,631
+3,400
| +3% | +$90.1K |
|
2862
HF Foods Group
HFFG
$78.1M
| $3.25M | ﹤0.01% |
819,294
+20,509
| +3% | +$97.6K |
|
2863
Vera Bradley
VRA
$99.2M
| $3.24M | ﹤0.01% |
490,472
+17,346
| +4% | +$115K |
|
2864
Ponce Financial Group
PDLB
$495M
| $3.24M | ﹤0.01% |
414,483
-8,216
| -2% | -$70.4K |
|
2865
SelectQuote
SLQT
$122M
| $3.22M | ﹤0.01% |
2,749,253
+233,690
| +9% | +$353K |
|
2866
Actinium Pharmaceuticals
ATNM
$23.5M
| $3.21M | ﹤0.01% |
542,439
+21,058
| +4% | +$140K |
|
|
THRN
2867
DELISTED
Thorne Healthtech, Inc. Common Stock
THRN
| $3.21M | ﹤0.01% |
314,864
+64,912
| +26% | +$494K |
|
2868
Nautilus Biotechnolgy
NAUT
$118M
| $3.21M | ﹤0.01% |
1,014,567
+8,101
| +0.8% | +$26.4K |
|
2869
908 Devices
MASS
$345M
| $3.2M | ﹤0.01% |
480,771
+11,060
| +2% | +$76.6K |
|
2870
inTEST
INTT
$179M
| $3.18M | ﹤0.01% |
209,733
+12,721
| +6% | +$235K |
|
2871
KLX Energy Services
KLXE
$42.1M
| $3.18M | ﹤0.01% |
268,375
+8,124
| +3% | +$90.3K |
|
|
PARAA
2872
DELISTED
Paramount Global Class A
PARAA
| $3.17M | ﹤0.01% |
200,638
+8,940
| +5% | +$160K |
|
2873
Acacia Research
ACTG
$439M
| $3.16M | ﹤0.01% |
866,647
-119,507
| -12% | -$457K |
|
|
MOND
2874
DELISTED
Mondee Holdings, Inc. Class A Common Stock
MOND
| $3.14M | ﹤0.01% |
880,459
+395,196
| +81% | +$2.65M |
|
2875
CS Disco
LAW
$260M
| $3.14M | ﹤0.01% |
473,299
+78,681
| +20% | +$686K |
|
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.