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 | |
|---|---|---|---|---|---|---|
|
APRN
3576
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $536K | ﹤0.01% |
41,628
+5,304
| +15% | +$33.8K |
|
3577
GEE Group
JOB
$22.7M
| $536K | ﹤0.01% |
905,764
+58,193
| +7% | +$31.2K |
|
3578
Denison Mines
DNN
$2.61B
| $535K | ﹤0.01% |
325,824
+12,934
| +4% | +$17.9K |
|
|
KRON
3579
DELISTED
Kronos Bio
KRON
| $534K | ﹤0.01% |
410,317
+11,605
| +3% | +$18.8K |
|
3580
Annovis Bio
ANVS
$73.2M
| $532K | ﹤0.01% |
56,040
+4,390
| +8% | +$54.3K |
|
3581
Pixelworks
PXLW
$39.3M
| $532K | ﹤0.01% |
39,195
+1,399
| +4% | +$24.1K |
|
|
TTOO
3582
DELISTED
T2 Biosystems, Inc
TTOO
| $532K | ﹤0.01% |
24,057
+23,697
| +6,583% | +$618K |
|
|
LFAC
3583
DELISTED
LF Capital Acquisition Corp. II Class A Common Stock
LFAC
| $530K | ﹤0.01% |
48,609
| – | – |
|
|
WKME
3584
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $528K | ﹤0.01% |
55,730
-6,194
| -10% | -$55.9K |
|
|
BLEU
3585
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $527K | ﹤0.01% |
50,133
| – | – |
|
3586
Corvus Pharmaceuticals
CRVS
$1.12B
| $526K | ﹤0.01% |
360,380
+18,301
| +5% | +$38.7K |
|
3587
Ideal Power
IPWR
$63.6M
| $523K | ﹤0.01% |
53,454
+3,455
| +7% | +$38.2K |
|
3588
Hydrofarm Holdings
HYFM
$10.2M
| $523K | ﹤0.01% |
42,878
-1,374
| -3% | -$15.3K |
|
|
CRON
3589
Cronos Group
CRON
$1.06B
| $521K | ﹤0.01% |
260,717
-252,319
| -49% | -$493K |
|
3590
Shattuck Labs
STTK
$696M
| $521K | ﹤0.01% |
342,937
+15,145
| +5% | +$34.6K |
|
3591
Alvotech
ALVO
$1.28B
| $520K | ﹤0.01% |
57,001
+18,152
| +47% | +$168K |
|
3592
Altisource Portfolio Solutions
ASPS
$63.7M
| $513K | ﹤0.01% |
16,083
-326
| -2% | -$12.3K |
|
3593
Gogoro
GGR
$61M
| $513K | ﹤0.01% |
9,796
+1,416
| +17% | +$85.8K |
|
3594
Fuel Tech
FTEK
$46.7M
| $510K | ﹤0.01% |
432,049
+28,587
| +7% | +$34K |
|
3595
Dr. Reddy's Laboratories
RDY
$10.1B
| $509K | ﹤0.01% |
38,095
-970
| -2% | -$13.1K |
|
3596
Great Elm Group
GEG
$74M
| $508K | ﹤0.01% |
237,471
+37,545
| +19% | +$77.2K |
|
3597
Rockwell Medical
RMTI
$28.5M
| $506K | ﹤0.01% |
24,301
+13,704
| +129% | +$416K |
|
3598
MPLX
MPLX
$59.8B
| $506K | ﹤0.01% |
14,212
-832
| -6% | -$29K |
|
|
CFIV
3599
DELISTED
CF Acquisition Corp. IV Class A common stock
CFIV
| $504K | ﹤0.01% |
47,181
| – | – |
|
|
CIZN
3600
DELISTED
Citizens Holding Co.
CIZN
| $503K | ﹤0.01% |
48,314
+9,334
| +24% | +$102K |
|
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.