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 | |
|---|---|---|---|---|---|---|
3351
AXT Inc
AXTI
$4.27B
| $939K | ﹤0.01% |
391,093
-6,614
| -2% | -$17.5K |
|
3352
Black Diamond Therapeutics
BDTX
$101M
| $931K | ﹤0.01% |
324,291
+53,084
| +20% | +$196K |
|
3353
Century Therapeutics
IPSC
$368M
| $929K | ﹤0.01% |
464,687
+21,188
| +5% | +$56.4K |
|
|
ATYR
3354
aTyr Pharma
ATYR
$52M
| $928K | ﹤0.01% |
586,997
-6,477
| -1% | -$12K |
|
3355
Invivyd
IVVD
$167M
| $924K | ﹤0.01% |
543,660
+26,066
| +5% | +$41.4K |
|
3356
Transcontinental Realty Investors
TCI
$371M
| $923K | ﹤0.01% |
30,136
+246
| +0.8% | +$8.29K |
|
3357
MarketWise
MKTW
$56M
| $923K | ﹤0.01% |
28,835
+1,083
| +4% | +$36.7K |
|
|
EARN
3358
Ellington Residential Mortgage REIT
EARN
$163M
| $921K | ﹤0.01% |
148,268
+6,583
| +5% | +$44.9K |
|
3359
Innovative Solutions & Support
ISSC
$365M
| $920K | ﹤0.01% |
120,991
-23,259
| -16% | -$181K |
|
3360
Capricor Therapeutics
CAPR
$247M
| $919K | ﹤0.01% |
268,628
-29,694
| -10% | -$167K |
|
|
OCEA
3361
DELISTED
Ocean Biomedical, Inc. Common Stock
OCEA
| $917K | ﹤0.01% |
235,054
+607
| +0.3% | +$2.79K |
|
|
AC
3362
DELISTED
Associated Capital Group
AC
| $915K | ﹤0.01% |
25,072
-1,344
| -5% | -$49K |
|
3363
MediciNova
MNOV
$65M
| $911K | ﹤0.01% |
435,733
-1,514
| -0.3% | -$3.52K |
|
3364
Hawthorn Bancshares
HWBK
$274M
| $910K | ﹤0.01% |
55,965
-1,039
| -2% | -$17.7K |
|
3365
Eton Pharmaceutcials
ETON
$1.25B
| $908K | ﹤0.01% |
217,629
+7,537
| +4% | +$29.1K |
|
3366
VEON
VEON
$3.75B
| $906K | ﹤0.01% |
46,443
+2,750
| +6% | +$49.2K |
|
|
LL
3367
DELISTED
LL Flooring Holdings, Inc.
LL
| $899K | ﹤0.01% |
283,396
-4,797
| -2% | -$17.3K |
|
3368
Flexsteel Industries
FLXS
$316M
| $898K | ﹤0.01% |
43,243
-6,839
| -14% | -$140K |
|
3369
Ericsson
ERIC
$33.8B
| $896K | ﹤0.01% |
184,390
-91,216
| -33% | -$464K |
|
3370
Ohio Valley Banc Corp
OVBC
$201M
| $895K | ﹤0.01% |
36,606
-894
| -2% | -$21.9K |
|
3371
BV Financial
BVFL
$185M
| $893K | ﹤0.01% |
+88,612
| New | +$878K |
|
3372
loanDepot
LDI
$580M
| $893K | ﹤0.01% |
519,127
-2,818
| -0.5% | -$5.74K |
|
|
TIXT
3373
DELISTED
TELUS International
TIXT
| $888K | ﹤0.01% |
+97,124
| New | +$927K |
|
3374
DarioHealth
DRIO
$69.1M
| $888K | ﹤0.01% |
13,529
+1,024
| +8% | +$69K |
|
3375
The Honest Company
HNST
$422M
| $884K | ﹤0.01% |
701,746
+71,778
| +11% | +$105K |
|
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.