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 | |
|---|---|---|---|---|---|---|
|
PFIE
3301
DELISTED
Profire Energy, Inc
PFIE
| $1.04M | ﹤0.01% |
373,662
+49,826
| +15% | +$101K |
|
|
GHLD
3302
DELISTED
Guild Holdings
GHLD
| $1.04M | ﹤0.01% |
94,594
-10,286
| -10% | -$121K |
|
3303
Bionano Genomics
BNGO
$12.9M
| $1.04M | ﹤0.01% |
5,700
+718
| +14% | +$188K |
|
3304
Eastern Company
EML
$149M
| $1.03M | ﹤0.01% |
57,004
-633
| -1% | -$11.6K |
|
3305
Saga Communications
SGA
$58.9M
| $1.03M | ﹤0.01% |
48,188
-17,267
| -26% | -$366K |
|
|
TCN
3306
DELISTED
Tricon Residential Inc.
TCN
| $1.03M | ﹤0.01% |
139,341
+5,018
| +4% | +$43.3K |
|
3307
Prelude Therapeutics
PRLD
$360M
| $1.02M | ﹤0.01% |
331,100
+88,806
| +37% | +$333K |
|
3308
American Resources Corp
AREC
$217M
| $1.02M | ﹤0.01% |
612,005
-27,371
| -4% | -$43.7K |
|
3309
Lakeland Industries
LAKE
$119M
| $1.02M | ﹤0.01% |
67,742
-4,285
| -6% | -$63.5K |
|
|
HIVE
3310
HIVE Digital Technologies
HIVE
$796M
| $1.02M | ﹤0.01% |
331,483
+14,915
| +5% | +$63.5K |
|
|
CHMI
3311
Cherry Hill Mortgage Investment Corp
CHMI
$84.5M
| $1.02M | ﹤0.01% |
274,299
+41,460
| +18% | +$170K |
|
|
ML
3312
DELISTED
MoneyLion Inc.
ML
| $1.02M | ﹤0.01% |
47,116
+13,777
| +41% | +$228K |
|
3313
Stratasys
SSYS
$764M
| $1.02M | ﹤0.01% |
74,889
+144
| +0.2% | +$2.28K |
|
3314
Priority Technology Holdings
PRTH
$553M
| $1.02M | ﹤0.01% |
313,274
-3,532
| -1% | -$13.4K |
|
3315
Backblaze
BLZE
$1.19B
| $1.01M | ﹤0.01% |
184,159
+17,721
| +11% | +$96.1K |
|
3316
PepGen
PEPG
$133M
| $1.01M | ﹤0.01% |
199,277
+5,230
| +3% | +$33.4K |
|
|
CTV
3317
DELISTED
Innovid Corp.
CTV
| $1.01M | ﹤0.01% |
788,609
+58,429
| +8% | +$68.4K |
|
3318
Cellebrite
CLBT
$3.94B
| $1M | ﹤0.01% |
131,018
-744
| -0.6% | -$5.58K |
|
3319
Peoples Bancorp of North Carolina
PEBK
$231M
| $999K | ﹤0.01% |
44,427
-724
| -2% | -$15.1K |
|
3320
Ultralife
ULBI
$91.3M
| $999K | ﹤0.01% |
102,291
-4,852
| -5% | -$38.9K |
|
|
BFIN
3321
DELISTED
BankFinancial
BFIN
| $997K | ﹤0.01% |
115,628
+1,128
| +1% | +$9.75K |
|
3322
Immatics
IMTX
$1.28B
| $991K | ﹤0.01% |
85,588
+29,680
| +53% | +$354K |
|
|
MITT
3323
TPG Mortgage Investment Trust
MITT
$227M
| $989K | ﹤0.01% |
178,240
-60,251
| -25% | -$382K |
|
|
RYZB
3324
DELISTED
RayzeBio, Inc. Common Stock
RYZB
| $988K | ﹤0.01% |
+44,485
| New | +$934K |
|
|
OMGA
3325
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $986K | ﹤0.01% |
458,582
+15,660
| +4% | +$62.6K |
|
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.