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 | |
|---|---|---|---|---|---|---|
3151
Vor Biopharma
VOR
$1.21B
| $1.6M | ﹤0.01% |
37,818
+1,698
| +5% | +$92.1K |
|
|
MOMO
3152
Hello Group
MOMO
$882M
| $1.6M | ﹤0.01% |
229,263
-12,016
| -5% | -$110K |
|
3153
Viant Technology
DSP
$256M
| $1.6M | ﹤0.01% |
285,072
+24,621
| +9% | +$135K |
|
3154
Taboola.com
TBLA
$1.45B
| $1.58M | ﹤0.01% |
416,815
+158,754
| +62% | +$558K |
|
3155
Kornit Digital
KRNT
$787M
| $1.57M | ﹤0.01% |
83,289
+8,884
| +12% | +$219K |
|
|
IVAC
3156
DELISTED
Intevac Inc
IVAC
| $1.57M | ﹤0.01% |
505,903
+15,292
| +3% | +$53K |
|
3157
5E Advanced Materials
FEAM
$54.8M
| $1.57M | ﹤0.01% |
30,265
+508
| +2% | +$34.6K |
|
3158
Zevia
ZVIA
$124M
| $1.57M | ﹤0.01% |
708,349
+33,234
| +5% | +$97.7K |
|
3159
PrimeEnergy Resources
PNRG
$302M
| $1.57M | ﹤0.01% |
13,531
+684
| +5% | +$67.4K |
|
3160
Graham Corp
GHM
$1.23B
| $1.56M | ﹤0.01% |
94,173
+6,125
| +7% | +$92.6K |
|
3161
Motorcar Parts of America
MPAA
$258M
| $1.56M | ﹤0.01% |
193,060
-6,622
| -3% | -$54.8K |
|
3162
Energy Transfer Partners
ET
$70B
| $1.56M | ﹤0.01% |
110,908
-1,547
| -1% | -$20.5K |
|
3163
Skillsoft
SKIL
$72.3M
| $1.55M | ﹤0.01% |
85,961
+9,750
| +13% | +$247K |
|
|
SLNO
3164
DELISTED
Soleno Therapeutics
SLNO
| $1.55M | ﹤0.01% |
52,553
-2,095
| -4% | -$12.7K |
|
3165
ATS Corp
ATS
$2.73B
| $1.55M | ﹤0.01% |
35,872
+4,788
| +15% | +$211K |
|
3166
Fennec Pharmaceuticals
FENC
$351M
| $1.55M | ﹤0.01% |
206,199
+9,322
| +5% | +$75.9K |
|
3167
Vroom Inc
VRM
$36.7M
| $1.55M | ﹤0.01% |
17,248
+778
| +5% | +$98.1K |
|
3168
Veritone
VERI
$112M
| $1.54M | ﹤0.01% |
598,351
+29,485
| +5% | +$97.8K |
|
|
KZR
3169
DELISTED
Kezar Life Sciences
KZR
| $1.54M | ﹤0.01% |
129,262
+5,586
| +5% | +$99K |
|
3170
OPAL Fuels
OPAL
$72.9M
| $1.52M | ﹤0.01% |
185,534
+111,089
| +149% | +$816K |
|
3171
Pioneer Bancorp
PBFS
$431M
| $1.52M | ﹤0.01% |
177,937
-7,842
| -4% | -$72.6K |
|
3172
Orion Group Holdings
ORN
$412M
| $1.51M | ﹤0.01% |
280,801
+7,051
| +3% | +$27.9K |
|
3173
Equinor
EQNR
$93.1B
| $1.5M | ﹤0.01% |
45,714
| – | – |
|
3174
Enlight Renewable Energy
ENLT
$12.7B
| $1.5M | ﹤0.01% |
95,495
+4,914
| +5% | +$85.2K |
|
3175
Design Therapeutics
DSGN
$826M
| $1.5M | ﹤0.01% |
634,720
-2,125
| -0.3% | -$9.91K |
|
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.