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 | |
|---|---|---|---|---|---|---|
|
SCX
3501
DELISTED
The L.S. Starrett Company
SCX
| $647K | ﹤0.01% |
60,148
+1,603
| +3% | +$17.8K |
|
3502
Lifetime Brands
LCUT
$195M
| $646K | ﹤0.01% |
114,739
+83
| +0.1% | +$503 |
|
3503
Electromed
ELMD
$344M
| $643K | ﹤0.01% |
61,894
+1,459
| +2% | +$15.3K |
|
|
WMC
3504
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $643K | ﹤0.01% |
68,411
+2,772
| +4% | +$27.4K |
|
3505
Hudbay
HBM
$10.4B
| $640K | ﹤0.01% |
131,453
+32,930
| +33% | +$167K |
|
3506
Finward Bancorp
FNWD
$195M
| $636K | ﹤0.01% |
30,313
+1,046
| +4% | +$23.8K |
|
|
NUTX
3507
Nutex Health
NUTX
$1.05B
| $636K | ﹤0.01% |
20,945
+16,944
| +423% | +$817K |
|
3508
Delcath Systems
DCTH
$450M
| $636K | ﹤0.01% |
156,903
+40,367
| +35% | +$189K |
|
|
GTHX
3509
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $635K | ﹤0.01% |
440,633
+8,981
| +2% | +$17.4K |
|
3510
First Guaranty Bancshares
FGBI
$161M
| $634K | ﹤0.01% |
57,587
+42
| +0.1% | +$493 |
|
3511
Jasper Therapeutics
JSPR
$20.2M
| $633K | ﹤0.01% |
90,448
-6,102
| -6% | -$74.5K |
|
3512
Southland Holdings
SLND
$32.5M
| $633K | ﹤0.01% |
104,285
+2,745
| +3% | +$20.3K |
|
|
DRRX
3513
DELISTED
DURECT Corp
DRRX
| $632K | ﹤0.01% |
253,555
+21,962
| +9% | +$74.9K |
|
3514
Dorchester Minerals
DMLP
$1.24B
| $630K | ﹤0.01% |
21,696
| – | – |
|
3515
Fiverr
FVRR
$340M
| $629K | ﹤0.01% |
25,699
+849
| +3% | +$23.9K |
|
3516
Broadwind
BWEN
$95.5M
| $629K | ﹤0.01% |
196,451
+1,112
| +0.6% | +$4.23K |
|
|
PCTI
3517
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $629K | ﹤0.01% |
151,111
+6,949
| +5% | +$31K |
|
|
CMCT
3518
Creative Media & Community Trust
CMCT
$11.8M
| $629K | ﹤0.01% |
6
| – | – |
|
|
SELF
3519
Global Self Storage
SELF
$58.9M
| $627K | ﹤0.01% |
129,015
+80
| +0.1% | +$401 |
|
3520
Pagaya Technologies
PGY
$1.85B
| $626K | ﹤0.01% |
33,019
-6,698
| -17% | -$163K |
|
|
QVCGB
3521
DELISTED
QVC Group, Inc. Series B Common Stock
QVCGB
| $624K | ﹤0.01% |
1,638
-60
| -4% | -$21K |
|
3522
Arena Group
AREN
$67.1M
| $619K | ﹤0.01% |
144,542
+4,062
| +3% | +$16.7K |
|
|
MNTX
3523
DELISTED
Manitex International, Inc.
MNTX
| $618K | ﹤0.01% |
132,209
-1,905
| -1% | -$9.28K |
|
|
COOL
3524
DELISTED
Corner Growth Acquisition Corp. Class A Ordinary Shares
COOL
| $616K | ﹤0.01% |
56,198
| – | – |
|
|
ASXC
3525
DELISTED
Asensus Surgical, Inc.
ASXC
| $616K | ﹤0.01% |
2,282,064
+173,942
| +8% | +$63.2K |
|
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.