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 | |
|---|---|---|---|---|---|---|
2926
Jakks Pacific
JAKK
$299M
| $2.86M | ﹤0.01% |
153,709
+1,012
| +0.7% | +$19.3K |
|
2927
Mineralys Therapeutics
MLYS
$2.34B
| $2.85M | ﹤0.01% |
299,963
+13,304
| +5% | +$173K |
|
|
BCOV
2928
DELISTED
Brightcove, Inc.
BCOV
| $2.85M | ﹤0.01% |
866,332
+40,319
| +5% | +$155K |
|
2929
Princeton Bancorp
BPRN
$286M
| $2.85M | ﹤0.01% |
98,218
+1,838
| +2% | +$53.9K |
|
2930
Paymentus
PAY
$5.09B
| $2.85M | ﹤0.01% |
171,392
+14,305
| +9% | +$190K |
|
2931
Oppenheimer Holdings
OPY
$1.24B
| $2.83M | ﹤0.01% |
73,829
+1,173
| +2% | +$45.7K |
|
|
PAMT
2932
PAMT Corp
PAMT
$325M
| $2.82M | ﹤0.01% |
130,939
-3,388
| -3% | -$80.1K |
|
2933
Virginia National Bankshares
VABK
$271M
| $2.82M | ﹤0.01% |
92,814
+2,952
| +3% | +$101K |
|
|
NOTE
2934
DELISTED
FiscalNote
NOTE
| $2.82M | ﹤0.01% |
112,816
+1,631
| +1% | +$55.8K |
|
2935
Celcuity
CELC
$4.53B
| $2.81M | ﹤0.01% |
307,764
+13,103
| +4% | +$129K |
|
|
HRT
2936
DELISTED
HireRight Holdings Corporation
HRT
| $2.81M | ﹤0.01% |
295,015
-33,986
| -10% | -$351K |
|
2937
RGC Resources
RGCO
$224M
| $2.8M | ﹤0.01% |
161,801
+6,520
| +4% | +$122K |
|
|
PWOD
2938
DELISTED
Penns Woods Bancorp
PWOD
| $2.79M | ﹤0.01% |
132,540
+1,915
| +1% | +$47.9K |
|
2939
Gencor Industries
GENC
$213M
| $2.79M | ﹤0.01% |
197,301
+2,132
| +1% | +$31.3K |
|
2940
Karat Packaging
KRT
$858M
| $2.79M | ﹤0.01% |
120,850
+6,687
| +6% | +$143K |
|
|
CWBC
2941
Community West Bancshares
CWBC
$698M
| $2.79M | ﹤0.01% |
197,449
+4,370
| +2% | +$67K |
|
2942
Century Casinos
CNTY
$33.8M
| $2.79M | ﹤0.01% |
543,079
+21,712
| +4% | +$146K |
|
|
BRDG
2943
DELISTED
Bridge Investment Group
BRDG
| $2.78M | ﹤0.01% |
302,291
-1,699
| -0.6% | -$18.8K |
|
|
MPX
2944
DELISTED
Marine Products Corp
MPX
| $2.78M | ﹤0.01% |
195,528
+23,815
| +14% | +$373K |
|
|
AOMR
2945
Angel Oak Mortgage REIT
AOMR
$223M
| $2.77M | ﹤0.01% |
324,531
+22,878
| +8% | +$207K |
|
2946
Cadiz
CDZI
$270M
| $2.76M | ﹤0.01% |
834,801
-16,736
| -2% | -$64.1K |
|
|
NETI
2947
DELISTED
Eneti Inc.
NETI
| $2.76M | ﹤0.01% |
274,016
+18,810
| +7% | +$217K |
|
2948
Chemung Financial Corp
CHMG
$399M
| $2.76M | ﹤0.01% |
69,593
+4,289
| +7% | +$172K |
|
|
NBIS
2949
Nebius Group N.V.
NBIS
$56.1B
| $2.75M | ﹤0.01% |
280,281
| – | – |
|
2950
Plains GP Holdings
PAGP
$4.98B
| $2.75M | ﹤0.01% |
170,380
-80
| -0% | -$1.26K |
|
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.