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 | |
|---|---|---|---|---|---|---|
|
AAIC
3276
DELISTED
Arlington Asset Investment Corp.
AAIC
| $1.11M | ﹤0.01% |
259,206
+16,677
| +7% | +$75.6K |
|
3277
Investar Holding Corp
ISTR
$421M
| $1.11M | ﹤0.01% |
104,764
+9,382
| +10% | +$121K |
|
|
BTWN
3278
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $1.11M | ﹤0.01% |
106,876
-1,021
| -0.9% | -$10.5K |
|
|
APLT
3279
DELISTED
Applied Therapeutics
APLT
| $1.1M | ﹤0.01% |
443,472
+2,967
| +0.7% | +$4.89K |
|
|
USAP
3280
DELISTED
Universal Stainless & Alloy
USAP
| $1.1M | ﹤0.01% |
83,962
-1,246
| -1% | -$17.5K |
|
3281
Finance of America Companies
FOA
$212M
| $1.1M | ﹤0.01% |
85,983
-1,087
| -1% | -$18K |
|
3282
Acumen Pharmaceuticals
ABOS
$162M
| $1.1M | ﹤0.01% |
264,603
+97,783
| +59% | +$604K |
|
|
THRX
3283
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $1.09M | ﹤0.01% |
405,578
-15,944
| -4% | -$62.5K |
|
|
FFNW
3284
DELISTED
First Financial Northwest, Inc
FFNW
| $1.09M | ﹤0.01% |
85,383
+1,192
| +1% | +$14.4K |
|
3285
Aqua Metals
AQMS
$8.89M
| $1.09M | ﹤0.01% |
4,802
+805
| +20% | +$193K |
|
|
AKTS
3286
DELISTED
Akoustis Technologies Inc
AKTS
| $1.08M | ﹤0.01% |
1,430,720
+12,681
| +0.9% | +$23.4K |
|
3287
Neuropace
NPCE
$482M
| $1.07M | ﹤0.01% |
110,209
+38,694
| +54% | +$227K |
|
3288
First Northwest Bancorp
FNWB
$107M
| $1.07M | ﹤0.01% |
87,375
-2,657
| -3% | -$33.6K |
|
3289
BioXcel Therapeutics
BTAI
$26.6M
| $1.07M | ﹤0.01% |
26,445
+1,154
| +5% | +$117K |
|
3290
Inovio Pharmaceuticals
INO
$68.5M
| $1.07M | ﹤0.01% |
229,252
-9,185
| -4% | -$50.7K |
|
3291
UNIFI
UFI
$126M
| $1.07M | ﹤0.01% |
150,037
+24,900
| +20% | +$185K |
|
|
DCBO
3292
Docebo
DCBO
$523M
| $1.06M | ﹤0.01% |
26,049
-1,955
| -7% | -$77.4K |
|
3293
Perion Network
PERI
$386M
| $1.06M | ﹤0.01% |
34,464
+868
| +3% | +$29.1K |
|
3294
American Public Education
APEI
$980M
| $1.05M | ﹤0.01% |
211,510
+6,905
| +3% | +$35.4K |
|
|
KC
3295
Kingsoft Cloud Holdings
KC
$3.92B
| $1.05M | ﹤0.01% |
213,607
-5,859
| -3% | -$33.2K |
|
3296
Franklin Financial Services
FRAF
$287M
| $1.05M | ﹤0.01% |
36,938
-309
| -0.8% | -$8.94K |
|
3297
Riverview Bancorp
RVSB
$110M
| $1.05M | ﹤0.01% |
188,242
-2,180
| -1% | -$12.3K |
|
|
TGAN
3298
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $1.05M | ﹤0.01% |
471,286
+3,571
| +0.8% | +$9.97K |
|
|
ARC
3299
DELISTED
ARC Document Solutions, Inc.
ARC
| $1.04M | ﹤0.01% |
327,655
-4,240
| -1% | -$14.4K |
|
3300
Epsilon Energy
EPSN
$170M
| $1.04M | ﹤0.01% |
197,098
+21,960
| +13% | +$122K |
|
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.