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 | |
|---|---|---|---|---|---|---|
|
QVCGA
3076
DELISTED
QVC Group Inc Series A
QVCGA
| $2M | ﹤0.01% |
65,846
-4,676
| -7% | -$197K |
|
3077
Duluth Holdings
DLTH
$159M
| $1.99M | ﹤0.01% |
331,410
+66,780
| +25% | +$445K |
|
3078
KORU Medical Systems
KRMD
$195M
| $1.99M | ﹤0.01% |
736,882
+25,239
| +4% | +$69.1K |
|
3079
Fossil Group
FOSL
$360M
| $1.98M | ﹤0.01% |
959,575
+26,163
| +3% | +$61K |
|
|
LOGC
3080
DELISTED
ContextLogic
LOGC
| $1.97M | ﹤0.01% |
446,177
+26,878
| +6% | +$167K |
|
3081
Akebia Therapeutics
AKBA
$354M
| $1.97M | ﹤0.01% |
1,724,274
-48,703
| -3% | -$62.6K |
|
3082
Citi Trends
CTRN
$605M
| $1.96M | ﹤0.01% |
87,998
+469
| +0.5% | +$9.59K |
|
3083
Maui Land & Pineapple Co
MLP
$352M
| $1.95M | ﹤0.01% |
147,023
+5,512
| +4% | +$77.9K |
|
3084
Security National Financial
SNFCA
$252M
| $1.94M | ﹤0.01% |
285,772
| – | – |
|
|
GORV
3085
DELISTED
Lazydays
GORV
| $1.93M | ﹤0.01% |
8,479
+730
| +9% | +$240K |
|
3086
Innovative Industrial Properties
IIPR
$1.75B
| $1.93M | ﹤0.01% |
25,414
+239
| +0.9% | +$19.1K |
|
3087
IBEX
IBEX
$485M
| $1.92M | ﹤0.01% |
124,130
+7,811
| +7% | +$146K |
|
|
HUT
3088
Hut 8
HUT
$11.4B
| $1.92M | ﹤0.01% |
196,227
+11,931
| +6% | +$169K |
|
3089
NI Holdings
NODK
$319M
| $1.91M | ﹤0.01% |
148,590
-1,475
| -1% | -$19.6K |
|
3090
AirSculpt Technologies
AIRS
$350M
| $1.91M | ﹤0.01% |
279,534
+28,976
| +12% | +$232K |
|
3091
Xenon Pharmaceuticals
XENE
$6.19B
| $1.91M | ﹤0.01% |
55,945
+30
| +0.1% | +$1.12K |
|
3092
Noodles & Co
NDLS
$106M
| $1.89M | ﹤0.01% |
96,098
+2,955
| +3% | +$71.2K |
|
3093
Canadian Solar
CSIQ
$1.11B
| $1.88M | ﹤0.01% |
76,498
+3,042
| +4% | +$96.2K |
|
|
CMBM
3094
DELISTED
Cambium Networks
CMBM
| $1.86M | ﹤0.01% |
254,081
+12,531
| +5% | +$135K |
|
|
GHL
3095
DELISTED
Greenhill & Co., Inc.
GHL
| $1.85M | ﹤0.01% |
125,064
+2,770
| +2% | +$40.8K |
|
3096
Identive
INVE
$64.3M
| $1.85M | ﹤0.01% |
218,655
+16,102
| +8% | +$134K |
|
|
LBPH
3097
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
| $1.84M | ﹤0.01% |
331,689
+1,982
| +0.6% | +$12.8K |
|
3098
Foster
FSTR
$438M
| $1.84M | ﹤0.01% |
97,041
+948
| +1% | +$15.7K |
|
3099
Citius Pharmaceuticals
CTXR
$17.1M
| $1.83M | ﹤0.01% |
107,015
+2,694
| +3% | +$64K |
|
3100
Sportradar
SRAD
$3.82B
| $1.82M | ﹤0.01% |
181,453
+2,651
| +1% | +$33.2K |
|
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.