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 | |
|---|---|---|---|---|---|---|
|
MGIC
3526
DELISTED
Magic Software Enterprises
MGIC
| $616K | ﹤0.01% |
54,582
+1,473
| +3% | +$18K |
|
3527
Outlook Therapeutics
OTLK
$171M
| $615K | ﹤0.01% |
139,174
+3,134
| +2% | +$69.3K |
|
|
GRP.U
3528
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $607K | ﹤0.01% |
11,425
+555
| +5% | +$31.4K |
|
|
VNET
3529
VNET Group
VNET
$2.04B
| $606K | ﹤0.01% |
191,653
+71,846
| +60% | +$216K |
|
|
MDWT
3530
DELISTED
Midwest Holding Inc. Common Stock
MDWT
| $604K | ﹤0.01% |
23,085
-321
| -1% | -$8.49K |
|
|
SUP
3531
DELISTED
Superior Industries International
SUP
| $602K | ﹤0.01% |
198,059
+9,545
| +5% | +$33.6K |
|
|
NINE
3532
DELISTED
Nine Energy Service
NINE
| $599K | ﹤0.01% |
145,423
+36,570
| +34% | +$165K |
|
3533
Dragonfly Energy
DFLI
$15.1M
| $596K | ﹤0.01% |
4,301
+1,460
| +51% | +$257K |
|
3534
System1
SST
$14.5M
| $596K | ﹤0.01% |
49,222
+5,802
| +13% | +$139K |
|
|
NGMS
3535
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $588K | ﹤0.01% |
21,773
+369
| +2% | +$9.97K |
|
3536
Quantum Corp
QMCO
$416M
| $587K | ﹤0.01% |
48,137
-2,011
| -4% | -$33.2K |
|
|
MRDN
3537
Meridian Holdings Inc
MRDN
$177M
| $587K | ﹤0.01% |
16,636
+6,835
| +70% | +$210K |
|
3538
Immunic
IMUX
$192M
| $583K | ﹤0.01% |
39,664
+4,343
| +12% | +$83.5K |
|
|
NYAX
3539
Nayax
NYAX
$2.6B
| $583K | ﹤0.01% |
25,859
+137
| +0.5% | +$3.04K |
|
3540
OppFi
OPFI
$847M
| $579K | ﹤0.01% |
229,640
+37,850
| +20% | +$88.1K |
|
|
TRML
3541
DELISTED
Tourmaline Bio
TRML
| $578K | ﹤0.01% |
20,581
-229
| -1% | -$6.7K |
|
|
AMAM
3542
DELISTED
Ambrx Biopharma Inc
AMAM
| $577K | ﹤0.01% |
50,140
+10,702
| +27% | +$146K |
|
3543
FinWise Bancorp
FINW
$196M
| $575K | ﹤0.01% |
66,569
-7,989
| -11% | -$74.8K |
|
3544
GH Research
GHRS
$1.93B
| $575K | ﹤0.01% |
57,184
+7,155
| +14% | +$82.7K |
|
3545
Transact Technologies
TACT
$56.2M
| $574K | ﹤0.01% |
89,408
+5,232
| +6% | +$39.6K |
|
3546
Pyxis Oncology
PYXS
$193M
| $574K | ﹤0.01% |
288,299
+45,512
| +19% | +$105K |
|
3547
United Bancorp
UBCP
$93.2M
| $573K | ﹤0.01% |
49,611
-855
| -2% | -$10K |
|
|
LONA
3548
LeonaBio Inc
LONA
$70.2M
| $572K | ﹤0.01% |
28,333
-1,020
| -3% | -$26.1K |
|
3549
CEL-SCI Corp
CVM
$21.8M
| $572K | ﹤0.01% |
15,260
+1,143
| +8% | +$54.7K |
|
|
NOTV
3550
DELISTED
Inotiv
NOTV
| $569K | ﹤0.01% |
184,735
+12,766
| +7% | +$58.4K |
|
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.