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 | |
|---|---|---|---|---|---|---|
|
OLK
3726
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $363K | ﹤0.01% |
24,642
-1,328
| -5% | -$22.2K |
|
3727
Karooooo
KARO
$2.01B
| $363K | ﹤0.01% |
18,218
| – | – |
|
3728
authID Inc
AUID
$12.4M
| $361K | ﹤0.01% |
46,560
+20,407
| +78% | +$172K |
|
|
ZIVO
3729
DELISTED
Zivo Bioscience, Inc. Common Stock
ZIVO
| $360K | ﹤0.01% |
45,475
+10
| +0% | +$111 |
|
3730
Dianthus Therapeutics
DNTH
$5.71B
| $360K | ﹤0.01% |
26,341
+3,985
| +18% | +$50.2K |
|
3731
Nomad Foods
NOMD
$1.68B
| $360K | ﹤0.01% |
23,627
+1,687
| +8% | +$29.2K |
|
3732
Minerva Neurosciences
NERV
$190M
| $360K | ﹤0.01% |
52,092
+128
| +0.2% | +$1.15K |
|
3733
Corvex Inc
MOVE
$304M
| $358K | ﹤0.01% |
2,972
+825
| +38% | +$112K |
|
3734
Atour Lifestyle Holdings
ATAT
$4.74B
| $357K | ﹤0.01% |
+18,941
| New | +$370K |
|
3735
Affinity Bancshares
AFBI
$140M
| $356K | ﹤0.01% |
23,305
+1,984
| +9% | +$27.7K |
|
3736
Reading International Class A
RDI
$33.6M
| $356K | ﹤0.01% |
167,939
+75
| +0% | +$184 |
|
3737
Magyar Bancorp
MGYR
$123M
| $356K | ﹤0.01% |
35,675
+43
| +0.1% | +$464 |
|
3738
The Beachbody Company
BODI
$72.3M
| $356K | ﹤0.01% |
24,096
+1,524
| +7% | +$30.6K |
|
|
VBFC
3739
DELISTED
Village Bank and Trust Financial Corp.
VBFC
| $355K | ﹤0.01% |
7,800
+102
| +1% | +$4.7K |
|
3740
Newegg Commerce
NEGG
$286M
| $354K | ﹤0.01% |
20,963
+4,645
| +28% | +$108K |
|
|
RBT
3741
DELISTED
Rubicon Technologies, Inc.
RBT
| $354K | ﹤0.01% |
170,174
+135,699
| +394% | +$636K |
|
3742
Sensus Healthcare
SRTS
$48.4M
| $354K | ﹤0.01% |
127,617
-4,984
| -4% | -$15.2K |
|
3743
Crown Crafts
CRWS
$31.6M
| $353K | ﹤0.01% |
74,902
+18,577
| +33% | +$92K |
|
3744
Wheels Up
UP
$225M
| $353K | ﹤0.01% |
8,521
+446
| +6% | +$18K |
|
3745
Inseego
INSG
$121M
| $352K | ﹤0.01% |
83,772
+6,823
| +9% | +$42.5K |
|
3746
GEN Restaurant Group
GENK
$10.9M
| $352K | ﹤0.01% |
+30,191
| New | +$482K |
|
|
LITS
3747
Lite Strategy Inc
LITS
$33.3M
| $351K | ﹤0.01% |
49,988
+2,155
| +5% | +$14.1K |
|
3748
Mastech Digital
MHH
$94.5M
| $350K | ﹤0.01% |
38,885
+5,280
| +16% | +$54.7K |
|
|
OMCC
3749
DELISTED
Old Market Capital Corp
OMCC
| $350K | ﹤0.01% |
72,296
+49
| +0.1% | +$240 |
|
|
LKFT
3750
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.75B
| $349K | ﹤0.01% |
10,095
| – | – |
|
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.