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 | |
|---|---|---|---|---|---|---|
|
AIIO
3176
Robo.ai Inc
AIIO
$506M
| $1.49M | ﹤0.01% |
9,909
+692
| +8% | +$135K |
|
|
MKFG
3177
DELISTED
Markforged Holding Corporation
MKFG
| $1.49M | ﹤0.01% |
102,841
+21,615
| +27% | +$305K |
|
|
EEX
3178
DELISTED
Emerald Holding
EEX
| $1.48M | ﹤0.01% |
328,370
-36,195
| -10% | -$153K |
|
|
EMAN
3179
DELISTED
eMagin Corporation
EMAN
| $1.48M | ﹤0.01% |
745,718
+34,052
| +5% | +$67.6K |
|
3180
374Water
SCWO
$38.7M
| $1.48M | ﹤0.01% |
119,269
+4,973
| +4% | +$83.4K |
|
3181
Genmab
GMAB
$17.8B
| $1.47M | ﹤0.01% |
41,739
+24
| +0.1% | +$915 |
|
|
LLAP
3182
DELISTED
Terran Orbital Corporation
LLAP
| $1.47M | ﹤0.01% |
1,764,287
+333,843
| +23% | +$442K |
|
|
LVOX
3183
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $1.46M | ﹤0.01% |
436,859
+10,106
| +2% | +$31.1K |
|
3184
Taysha Gene Therapies
TSHA
$1.78B
| $1.46M | ﹤0.01% |
461,666
+103,813
| +29% | +$194K |
|
3185
BioAtla
BCAB
$5.56M
| $1.45M | ﹤0.01% |
17,042
+420
| +3% | +$53.5K |
|
3186
AN2 Therapeutics
ANTX
$214M
| $1.44M | ﹤0.01% |
89,691
+36,729
| +69% | +$416K |
|
3187
Telos
TLS
$365M
| $1.44M | ﹤0.01% |
602,175
+29,447
| +5% | +$67.6K |
|
3188
Blue Ridge Bankshares
BRBS
$327M
| $1.43M | ﹤0.01% |
316,279
+5,074
| +2% | +$39.9K |
|
3189
Pulse Biosciences
PLSE
$2.64B
| $1.43M | ﹤0.01% |
354,085
+45,572
| +15% | +$283K |
|
3190
Upland Software
UPLD
$13.4M
| $1.43M | ﹤0.01% |
30,866
+1,580
| +5% | +$57.6K |
|
3191
Rigetti Computing
RGTI
$5.8B
| $1.42M | ﹤0.01% |
1,068,100
+151,968
| +17% | +$291K |
|
3192
Star Bulk Carriers
SBLK
$3.15B
| $1.42M | ﹤0.01% |
73,651
-30,091
| -29% | -$536K |
|
|
SACH
3193
Sachem Capital Corp
SACH
$40M
| $1.41M | ﹤0.01% |
400,332
+31,280
| +8% | +$111K |
|
3194
Criteo S.A. Ordinary Shares
CRTO
$1.13B
| $1.4M | ﹤0.01% |
47,921
+24
| +0.1% | +$737 |
|
3195
Contango Silver & Gold Inc
CTGO
$561M
| $1.4M | ﹤0.01% |
77,031
+15,493
| +25% | +$309K |
|
3196
Bilibili
BILI
$7.95B
| $1.39M | ﹤0.01% |
101,029
+992
| +1% | +$15.3K |
|
3197
Hurco Companies Inc
HURC
$139M
| $1.39M | ﹤0.01% |
61,980
-1,516
| -2% | -$33K |
|
3198
Perma-Fix Environmental Services
PESI
$377M
| $1.37M | ﹤0.01% |
131,232
+2,852
| +2% | +$31.4K |
|
3199
Urban One Class D
UONEK
$26.1M
| $1.37M | ﹤0.01% |
27,258
-493
| -2% | -$26.9K |
|
3200
Aemetis
AMTX
$114M
| $1.37M | ﹤0.01% |
330,199
+17,907
| +6% | +$110K |
|
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.