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 | |
|---|---|---|---|---|---|---|
|
IRD
3451
Opus Genetics
IRD
$306M
| $734K | ﹤0.01% |
219,113
+25,064
| +13% | +$101K |
|
|
ACAH
3452
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
| $731K | ﹤0.01% |
68,651
+69
| +0.1% | +$722 |
|
3453
Spire Global
SPIR
$444M
| $730K | ﹤0.01% |
149,283
+35,477
| +31% | +$184K |
|
|
TCS
3454
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $726K | ﹤0.01% |
21,495
-168
| -0.8% | -$6.69K |
|
|
SOND
3455
DELISTED
Sonder
SOND
| $722K | ﹤0.01% |
87,904
+12,606
| +17% | +$123K |
|
3456
Genasys
GNSS
$76.1M
| $721K | ﹤0.01% |
358,377
-5,130
| -1% | -$15.3K |
|
3457
Provident Financial
PROV
$111M
| $720K | ﹤0.01% |
54,991
-4,559
| -8% | -$61.3K |
|
3458
Relmada Therapeutics
RLMD
$557M
| $720K | ﹤0.01% |
239,904
+5,542
| +2% | +$16.5K |
|
3459
Virco
VIRC
$95.2M
| $720K | ﹤0.01% |
90,634
+21,169
| +30% | +$101K |
|
3460
Ituran Location and Control
ITRN
$1.09B
| $718K | ﹤0.01% |
24,028
-1,695
| -7% | -$47.5K |
|
3461
Lightspeed Commerce
LSPD
$1.31B
| $718K | ﹤0.01% |
51,074
+600
| +1% | +$9.7K |
|
|
PLM
3462
DELISTED
PolyMet Mining Corp.
PLM
| $715K | ﹤0.01% |
343,857
-19,884
| -5% | -$41.1K |
|
3463
Comstock Holding Companies
CHCI
$145M
| $715K | ﹤0.01% |
152,106
+2,283
| +2% | +$10.2K |
|
3464
Wipro
WIT
$19.6B
| $713K | ﹤0.01% |
294,458
-128,438
| -30% | -$320K |
|
|
TBNK
3465
DELISTED
Territorial Bancorp Inc.
TBNK
| $711K | ﹤0.01% |
78,153
+577
| +0.7% | +$6.41K |
|
3466
Eagle Bancorp Montana
EBMT
$187M
| $710K | ﹤0.01% |
60,088
-931
| -2% | -$11.9K |
|
3467
Immunome
IMNM
$2.58B
| $708K | ﹤0.01% |
84,708
+3,495
| +4% | +$25.7K |
|
|
AIOT
3468
PowerFleet Inc
AIOT
$526M
| $706K | ﹤0.01% |
341,167
+5,718
| +2% | +$13.7K |
|
3469
Crawford & Co Class B
CRD.B
$491M
| $706K | ﹤0.01% |
82,393
-5,182
| -6% | -$45.6K |
|
3470
GeneDx Holdings
WGS
$1.93B
| $702K | ﹤0.01% |
192,787
+135
| +0.1% | +$740 |
|
3471
Landmark Bancorp
LARK
$191M
| $702K | ﹤0.01% |
44,615
+9,523
| +27% | +$166K |
|
3472
Forafric Global
AFRI
$289M
| $700K | ﹤0.01% |
62,019
+609
| +1% | +$6.75K |
|
3473
Aquestive Therapeutics
AQST
$464M
| $699K | ﹤0.01% |
456,565
+45,588
| +11% | +$78.4K |
|
|
VAQC
3474
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $697K | ﹤0.01% |
66,451
-39,892
| -38% | -$418K |
|
|
HOLI
3475
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $697K | ﹤0.01% |
35,132
-4,146
| -11% | -$74.8K |
|
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.