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 | |
|---|---|---|---|---|---|---|
3476
Chunghwa Telecom
CHT
$32.9B
| $696K | ﹤0.01% |
19,379
+4,421
| +30% | +$162K |
|
3477
AstroNova
ALOT
$224M
| $696K | ﹤0.01% |
55,656
-1,630
| -3% | -$22.8K |
|
|
FIRY
3478
Firy Inc
FIRY
$144M
| $694K | ﹤0.01% |
136,004
-7,602
| -5% | -$67.5K |
|
|
LNKB
3479
DELISTED
LINKBANCORP
LNKB
| $692K | ﹤0.01% |
100,538
-1,813
| -2% | -$12K |
|
|
CBIO
3480
Crescent Biopharma
CBIO
$552M
| $690K | ﹤0.01% |
4,598
-164
| -3% | -$25.9K |
|
3481
New Mountain Finance
NMFC
$683M
| $690K | ﹤0.01% |
53,270
| – | – |
|
3482
Citizens Community Bancorp
CZWI
$211M
| $690K | ﹤0.01% |
71,832
+5,998
| +9% | +$59.7K |
|
3483
Perspective Therapeutics
CATX
$343M
| $689K | ﹤0.01% |
251,665
+6,675
| +3% | +$31.2K |
|
3484
Porch Group
PRCH
$1.82B
| $689K | ﹤0.01% |
858,177
-66,751
| -7% | -$70.1K |
|
3485
Full Truck Alliance
YMM
$10.1B
| $689K | ﹤0.01% |
97,810
+5,433
| +6% | +$37.5K |
|
3486
Westwood Holdings Group
WHG
$181M
| $686K | ﹤0.01% |
67,615
-1,080
| -2% | -$11.7K |
|
|
AE
3487
DELISTED
Adams Resources & Energy Inc
AE
| $686K | ﹤0.01% |
20,366
+5,010
| +33% | +$175K |
|
3488
Cytosorbents Corp
CTSO
$23.1M
| $686K | ﹤0.01% |
364,920
-6,788
| -2% | -$19.5K |
|
|
TIGR
3489
UP Fintech Holding
TIGR
$868M
| $683K | ﹤0.01% |
133,479
-38,074
| -22% | -$154K |
|
|
RDNW
3490
RideNow Group
RDNW
$264M
| $682K | ﹤0.01% |
111,228
+94
| +0.1% | +$758 |
|
3491
Envela
ELA
$555M
| $681K | ﹤0.01% |
143,691
+3,976
| +3% | +$24K |
|
|
HIMX
3492
Himax Technologies
HIMX
$2.23B
| $681K | ﹤0.01% |
115,178
-38,405
| -25% | -$246K |
|
3493
Lightbridge
LTBR
$283M
| $677K | ﹤0.01% |
150,757
+7,767
| +5% | +$40.8K |
|
|
PTRS
3494
DELISTED
Partners Bancorp Common Stock
PTRS
| $674K | ﹤0.01% |
86,952
+2,012
| +2% | +$14.6K |
|
3495
NeoVolta
NEOV
$136M
| $669K | ﹤0.01% |
268,547
+6,685
| +3% | +$19.4K |
|
3496
Taylor Devices
TAYD
$169M
| $664K | ﹤0.01% |
31,164
+2,380
| +8% | +$53.4K |
|
3497
Odyssey Marine Exploration
OMEX
$38.6M
| $660K | ﹤0.01% |
176,360
+14,842
| +9% | +$56.3K |
|
|
FSFG
3498
DELISTED
First Savings Financial Group
FSFG
| $660K | ﹤0.01% |
44,102
+418
| +1% | +$6.6K |
|
|
PEPL
3499
DELISTED
PepperLime Health Acquisition Corporation Class A Ordinary Share
PEPL
| $653K | ﹤0.01% |
60,444
+84
| +0.1% | +$895 |
|
|
RENT
3500
Rent the Runway
RENT
$126M
| $648K | ﹤0.01% |
47,623
+867
| +2% | +$24.7K |
|
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.