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 | |
|---|---|---|---|---|---|---|
3676
Arq
ARQ
$87.6M
| $416K | ﹤0.01% |
233,476
+28,533
| +14% | +$55.7K |
|
3677
Afya
AFYA
$1.3B
| $413K | ﹤0.01% |
26,135
| – | – |
|
|
STRM
3678
DELISTED
Streamline Health Solutions
STRM
| $409K | ﹤0.01% |
28,160
+1,732
| +7% | +$30.1K |
|
3679
Greenwich LifeSciences
GLSI
$202M
| $408K | ﹤0.01% |
46,092
+6,159
| +15% | +$57.8K |
|
|
DMTK
3680
DELISTED
DermTech, Inc. Common Stock
DMTK
| $405K | ﹤0.01% |
281,321
+20,561
| +8% | +$51.4K |
|
3681
Galicia Financial Group
GGAL
$8.09B
| $403K | ﹤0.01% |
30,914
| – | – |
|
|
IROQ
3682
DELISTED
IF Bancorp
IROQ
| $403K | ﹤0.01% |
27,033
+2,468
| +10% | +$37K |
|
3683
Alpha Pro Tech
APT
$51.1M
| $402K | ﹤0.01% |
92,579
-5,263
| -5% | -$21.9K |
|
|
BCOW
3684
DELISTED
1895 Bancorp of Wisconsin
BCOW
| $399K | ﹤0.01% |
55,621
+8,676
| +18% | +$63.8K |
|
|
GIFI
3685
DELISTED
Gulf Island Fabrication
GIFI
| $398K | ﹤0.01% |
121,627
-6,568
| -5% | -$21.9K |
|
3686
Bank Of The James
BOTJ
$123M
| $396K | ﹤0.01% |
38,666
+29
| +0.1% | +$306 |
|
3687
Byrna Technologies
BYRN
$111M
| $396K | ﹤0.01% |
176,537
+12,826
| +8% | +$45.8K |
|
3688
Flux Power
FLUX
$11.7M
| $395K | ﹤0.01% |
114,728
+5,864
| +5% | +$26.8K |
|
3689
Bioceres Crop Solutions
BIOX
$24.2M
| $395K | ﹤0.01% |
34,963
+792
| +2% | +$9.49K |
|
3690
Structure Therapeutics
GPCR
$3.41B
| $393K | ﹤0.01% |
7,791
-2,466
| -24% | -$79.5K |
|
3691
FreightCar America
RAIL
$270M
| $392K | ﹤0.01% |
146,855
+15,707
| +12% | +$44.8K |
|
3692
Biglari Holdings Class A
BH.A
$1.24B
| $389K | ﹤0.01% |
465
| – | – |
|
|
PDS
3693
Precision Drilling
PDS
$993M
| $388K | ﹤0.01% |
5,795
-153
| -3% | -$9.73K |
|
3694
Brookfield Infrastructure Partners
BIP
$18.6B
| $388K | ﹤0.01% |
13,208
+767
| +6% | +$25.4K |
|
3695
Barnes & Noble Education
BNED
$443M
| $388K | ﹤0.01% |
3,554
+105
| +3% | +$14.2K |
|
3696
NewAmsterdam Pharma
NAMS
$3.21B
| $387K | ﹤0.01% |
41,808
+16,040
| +62% | +$174K |
|
3697
SELLAS Life Sciences
SLS
$2.24B
| $387K | ﹤0.01% |
235,603
+47,537
| +25% | +$75K |
|
3698
Harte-Hanks
HHS
$15.7M
| $386K | ﹤0.01% |
59,350
-12,768
| -18% | -$74.8K |
|
3699
SunPower Inc
SPWR
$60.7M
| $385K | ﹤0.01% |
+186,679
| New | +$750K |
|
3700
IAMGOLD
IAG
$8.47B
| $385K | ﹤0.01% |
178,262
+9,131
| +5% | +$22.5K |
|
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.