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 | |
|---|---|---|---|---|---|---|
|
CD
3201
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $1.37M | ﹤0.01% |
165,003
+21,657
| +15% | +$176K |
|
3202
BlackBerry
BB
$5.2B
| $1.37M | ﹤0.01% |
289,037
+7,323
| +3% | +$36K |
|
3203
Twin Disc
TWIN
$346M
| $1.37M | ﹤0.01% |
99,636
+1,778
| +2% | +$23K |
|
|
ALUR
3204
DELISTED
Allurion Technologies
ALUR
| $1.37M | ﹤0.01% |
+12,708
| New | +$1.43M |
|
|
CVAC
3205
DELISTED
CureVac
CVAC
| $1.36M | ﹤0.01% |
199,330
+19,358
| +11% | +$171K |
|
|
LNAI
3206
Lunai Bioworks
LNAI
$11.6M
| $1.36M | ﹤0.01% |
3,789
+1,841
| +95% | +$280K |
|
3207
Zai Lab
ZLAB
$2.09B
| $1.35M | ﹤0.01% |
55,512
-15,751
| -22% | -$419K |
|
|
VXRT
3208
DELISTED
Vaxart
VXRT
| $1.35M | ﹤0.01% |
1,786,635
+217,726
| +14% | +$166K |
|
|
PPTA
3209
Perpetua Resources
PPTA
$2.59B
| $1.33M | ﹤0.01% |
409,275
+19,488
| +5% | +$68.3K |
|
|
LENZ
3210
LENZ Therapeutics
LENZ
$158M
| $1.33M | ﹤0.01% |
76,799
+2,775
| +4% | +$48.3K |
|
|
SEVN
3211
Seven Hills Realty Trust
SEVN
$173M
| $1.33M | ﹤0.01% |
121,703
+92
| +0.1% | +$984 |
|
3212
Aveanna Healthcare
AVAH
$2.04B
| $1.33M | ﹤0.01% |
1,114,907
+29,332
| +3% | +$45.4K |
|
|
RPT
3213
Rithm Property Trust
RPT
$93.4M
| $1.33M | ﹤0.01% |
34,298
+280
| +0.8% | +$11.3K |
|
|
CAN
3214
Canaan Creative
CAN
$149M
| $1.32M | ﹤0.01% |
725,247
+516,887
| +248% | +$1.22M |
|
|
AEVA
3215
Aeva Technologies
AEVA
$1.4B
| $1.32M | ﹤0.01% |
345,488
-19,210
| -5% | -$102K |
|
3216
DLH Holdings
DLHC
$70.1M
| $1.32M | ﹤0.01% |
113,149
+1,127
| +1% | +$12.2K |
|
|
WMPN
3217
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.31M | ﹤0.01% |
105,217
-4,147
| -4% | -$47.8K |
|
3218
Western New England Bancorp
WNEB
$272M
| $1.31M | ﹤0.01% |
202,304
-3,874
| -2% | -$24.5K |
|
3219
RCM Technologies
RCMT
$204M
| $1.31M | ﹤0.01% |
66,884
-589
| -0.9% | -$11.6K |
|
3220
Scilex Holding
SCLX
$45.5M
| $1.3M | ﹤0.01% |
26,603
+23,221
| +687% | +$3.18M |
|
|
FREE
3221
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $1.3M | ﹤0.01% |
361,468
-12,879
| -3% | -$49.2K |
|
3222
Mama's Creations
MAMA
$877M
| $1.3M | ﹤0.01% |
296,984
+68,707
| +30% | +$262K |
|
|
ADVM
3223
DELISTED
Adverum Biotechnologies
ADVM
| $1.3M | ﹤0.01% |
86,421
-2,284
| -3% | -$41K |
|
|
GOCO
3224
DELISTED
GoHealth
GOCO
| $1.3M | ﹤0.01% |
89,445
-1,436
| -2% | -$24.7K |
|
|
CLPR
3225
Clipper Realty
CLPR
$44.8M
| $1.29M | ﹤0.01% |
249,332
-2,255
| -0.9% | -$13.5K |
|
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.