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 | |
|---|---|---|---|---|---|---|
2976
Codexis
CDXS
$153M
| $2.63M | ﹤0.01% |
1,393,142
+50,839
| +4% | +$119K |
|
2977
InnovAge Holding
INNV
$1.51B
| $2.63M | ﹤0.01% |
439,361
+6,595
| +2% | +$42.8K |
|
2978
The Joint Corp
JYNT
$118M
| $2.62M | ﹤0.01% |
291,749
+11,238
| +4% | +$127K |
|
2979
Choiceone Financial
COFS
$513M
| $2.61M | ﹤0.01% |
132,935
+2,075
| +2% | +$48.3K |
|
2980
Kaltura
KLTR
$280M
| $2.61M | ﹤0.01% |
1,507,115
+3,632
| +0.2% | +$7.17K |
|
|
CCRD
2981
DELISTED
CoreCard
CCRD
| $2.59M | ﹤0.01% |
129,693
+4,883
| +4% | +$109K |
|
2982
Red Robin
RRGB
$151M
| $2.58M | ﹤0.01% |
321,220
+8,673
| +3% | +$103K |
|
2983
MainStreet Bancshares
MNSB
$167M
| $2.57M | ﹤0.01% |
125,263
+2,482
| +2% | +$56.7K |
|
2984
The ONE Group
STKS
$55.6M
| $2.56M | ﹤0.01% |
465,460
+9,382
| +2% | +$63.7K |
|
|
SBDS
2985
DELISTED
Solo Brands Inc
SBDS
| $2.55M | ﹤0.01% |
12,480
+980
| +9% | +$214K |
|
2986
Talkspace
TALK
$871M
| $2.54M | ﹤0.01% |
1,303,715
+299,469
| +30% | +$481K |
|
|
KLRS
2987
Kalaris Therapeutics
KLRS
$96.8M
| $2.54M | ﹤0.01% |
51,271
+11,123
| +28% | +$758K |
|
2988
Cartesian Therapeutics
RNAC
$242M
| $2.53M | ﹤0.01% |
79,492
+583
| +0.7% | +$19.5K |
|
|
OKUR
2989
OnKure Therapeutics
OKUR
$170M
| $2.52M | ﹤0.01% |
33,063
+3,617
| +12% | +$246K |
|
2990
dLocal
DLO
$4.52B
| $2.51M | ﹤0.01% |
130,954
-33,014
| -20% | -$562K |
|
2991
McEwen Inc
MUX
$1.19B
| $2.5M | ﹤0.01% |
384,827
-809
| -0.2% | -$6.1K |
|
2992
MoonLake Immunotherapeutics
MLTX
$1.49B
| $2.5M | ﹤0.01% |
43,808
+11,840
| +37% | +$654K |
|
|
TRHC
2993
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.5M | ﹤0.01% |
242,088
+4,975
| +2% | +$47.2K |
|
2994
The RealReal
REAL
$1.53B
| $2.49M | ﹤0.01% |
1,182,104
+36,334
| +3% | +$88.6K |
|
2995
Inogen
INGN
$179M
| $2.49M | ﹤0.01% |
477,582
+8,129
| +2% | +$57.8K |
|
2996
Getty Images
GETY
$195M
| $2.49M | ﹤0.01% |
+383,108
| New | +$1.93M |
|
2997
Viemed Healthcare
VMD
$370M
| $2.47M | ﹤0.01% |
367,626
+24,919
| +7% | +$204K |
|
2998
Heron Therapeutics
HRTX
$96M
| $2.47M | ﹤0.01% |
2,395,161
+340,735
| +17% | +$485K |
|
2999
Alliance Resource Partners
ARLP
$3.3B
| $2.46M | ﹤0.01% |
109,342
+60
| +0.1% | +$1.2K |
|
3000
Crawford & Co Class A
CRD.A
$622M
| $2.46M | ﹤0.01% |
263,354
+7,132
| +3% | +$71.3K |
|
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.