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 | |
|---|---|---|---|---|---|---|
3601
TechPrecision Corp
TPCS
$47.7M
| $501K | ﹤0.01% |
68,918
+29,245
| +74% | +$212K |
|
|
CULL
3602
DELISTED
Cullman Bancorp Inc.
CULL
| $500K | ﹤0.01% |
46,789
+45
| +0.1% | +$481 |
|
|
NVNO
3603
enVVeno Medical
NVNO
$7.14M
| $500K | ﹤0.01% |
2,649
+275
| +12% | +$45.9K |
|
3604
CSP Inc
CSPI
$82.3M
| $500K | ﹤0.01% |
57,094
+16,268
| +40% | +$120K |
|
3605
Spero Therapeutics
SPRO
$66.6M
| $500K | ﹤0.01% |
412,707
+21,902
| +6% | +$30.3K |
|
3606
Lifeway Foods
LWAY
$452M
| $498K | ﹤0.01% |
48,128
+5,690
| +13% | +$49.5K |
|
3607
Lee Enterprises
LEE
$175M
| $493K | ﹤0.01% |
46,012
-5,811
| -11% | -$70.7K |
|
|
BGXX
3608
DELISTED
Bright Green Corporation Common Stock
BGXX
| $492K | ﹤0.01% |
1,242,348
-23,892
| -2% | -$14.9K |
|
3609
Catalyst Bancorp
CLST
$68M
| $490K | ﹤0.01% |
40,151
+3,487
| +10% | +$41.5K |
|
3610
Broadway Financial
BYFC
$97.2M
| $490K | ﹤0.01% |
62,438
+1,972
| +3% | +$15.1K |
|
3611
Gain Therapeutics
GANX
$74.6M
| $489K | ﹤0.01% |
151,476
+12,755
| +9% | +$48.4K |
|
|
ACCS
3612
ACCESS Newswire
ACCS
$25.8M
| $488K | ﹤0.01% |
25,949
-974
| -4% | -$19.7K |
|
3613
Canterbury Park Holding Corp
CPHC
$78.8M
| $488K | ﹤0.01% |
24,110
+18
| +0.1% | +$393 |
|
|
HSHP
3614
Himalaya Shipping
HSHP
$751M
| $487K | ﹤0.01% |
100,876
-159,541
| -61% | -$855K |
|
|
STRR
3615
Star Equity Holdings
STRR
$39.6M
| $484K | ﹤0.01% |
24,981
+263
| +1% | +$5.55K |
|
3616
Travelzoo
TZOO
$75.9M
| $483K | ﹤0.01% |
82,788
-14,568
| -15% | -$104K |
|
|
FATBB
3617
DELISTED
FAT Brands
FATBB
| $481K | ﹤0.01% |
117,527
-7,622
| -6% | -$36.5K |
|
|
LOAN
3618
Manhattan Bridge Capital
LOAN
$47.9M
| $480K | ﹤0.01% |
100,017
+63
| +0.1% | +$303 |
|
|
MAG
3619
DELISTED
MAG Silver
MAG
| $480K | ﹤0.01% |
46,409
-882
| -2% | -$9.81K |
|
3620
Equinox Gold
EQX
$7.24B
| $473K | ﹤0.01% |
112,570
+2,121
| +2% | +$10.2K |
|
|
ENZ
3621
DELISTED
Enzo Biochem, Inc.
ENZ
| $473K | ﹤0.01% |
337,856
+281
| +0.1% | +$424 |
|
3622
Culp Inc
CULP
$44.2M
| $473K | ﹤0.01% |
84,697
+1,014
| +1% | +$5.6K |
|
3623
BioVie
BIVI
$12.2M
| $472K | ﹤0.01% |
1,384
-131
| -9% | -$51.2K |
|
3624
Polestar Automotive Holding UK
PSNY
$2.11B
| $472K | ﹤0.01% |
5,960
+3,529
| +145% | +$391K |
|
|
SAND
3625
DELISTED
Sandstorm Gold
SAND
| $468K | ﹤0.01% |
100,067
+1,936
| +2% | +$10.2K |
|
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.