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 | |
|---|---|---|---|---|---|---|
3751
ClearSign Technologies
CLIR
$26.7M
| $349K | ﹤0.01% |
31,968
-315
| -1% | -$3.64K |
|
3752
Rezolute
RZLT
$454M
| $347K | ﹤0.01% |
262,649
+11,773
| +5% | +$19.2K |
|
3753
Goldgroup Mining Inc.
GORO
$164M
| $347K | ﹤0.01% |
809,641
+37,636
| +5% | +$20.1K |
|
|
ZFOX
3754
DELISTED
ZeroFox Holdings, Inc. Common Stock
ZFOX
| $346K | ﹤0.01% |
393,894
+78,561
| +25% | +$84.1K |
|
3755
US Global Investors
GROW
$36.2M
| $346K | ﹤0.01% |
121,459
+6,918
| +6% | +$21K |
|
3756
Banzai International
BNZI
$6.53M
| $346K | ﹤0.01% |
3
| – | – |
|
3757
Intellicheck
IDN
$76.5M
| $345K | ﹤0.01% |
155,160
+8,077
| +5% | +$20.3K |
|
|
BCYC
3758
Bicycle Therapeutics
BCYC
$269M
| $344K | ﹤0.01% |
17,144
| – | – |
|
3759
Dave Inc
DAVE
$5.09B
| $342K | ﹤0.01% |
53,875
+5,632
| +12% | +$36.1K |
|
|
DLA
3760
DELISTED
Delta Apparel Inc.
DLA
| $341K | ﹤0.01% |
51,427
-1,281
| -2% | -$10.4K |
|
|
AXDX
3761
DELISTED
Accelerate Diagnostics
AXDX
| $339K | ﹤0.01% |
58,984
-6,607
| -10% | -$44.5K |
|
|
GOOS
3762
Canada Goose Holdings
GOOS
$867M
| $339K | ﹤0.01% |
23,101
+2,038
| +10% | +$33.3K |
|
3763
Orion Energy Systems
OESX
$40.5M
| $339K | ﹤0.01% |
26,873
+926
| +4% | +$14.3K |
|
3764
RLX Technology
RLX
$2.44B
| $338K | ﹤0.01% |
223,910
-6,944
| -3% | -$10.9K |
|
|
LDTC
3765
DELISTED
LeddarTech
LDTC
| $338K | ﹤0.01% |
62,816
| – | – |
|
3766
Neuronetics
STIM
$151M
| $337K | ﹤0.01% |
249,739
+201
| +0.1% | +$352 |
|
3767
Coya Therapeutics
COYA
$103M
| $337K | ﹤0.01% |
87,065
+28,492
| +49% | +$113K |
|
|
DOMA
3768
DELISTED
Doma Holdings, Inc.
DOMA
| $335K | ﹤0.01% |
65,977
+8,417
| +15% | +$52.2K |
|
3769
BayFirst Financial Corp
BAFN
$37.6M
| $334K | ﹤0.01% |
29,980
+5,239
| +21% | +$70.4K |
|
3770
Coda Octopus Group
CODA
$116M
| $334K | ﹤0.01% |
53,862
-571
| -1% | -$4.42K |
|
3771
Duos Technologies
DUOT
$296M
| $334K | ﹤0.01% |
64,524
+1,145
| +2% | +$6.44K |
|
3772
Comstock
LODE
$223M
| $333K | ﹤0.01% |
81,255
+11,106
| +16% | +$57.7K |
|
3773
Sera Prognostics
SERA
$82.2M
| $332K | ﹤0.01% |
178,290
+32,804
| +23% | +$78.4K |
|
3774
Beasley Broadcasting Group
BBGI
$38.4M
| $331K | ﹤0.01% |
19,018
-690
| -4% | -$13.6K |
|
3775
Fathom Holdings
FTHM
$27M
| $330K | ﹤0.01% |
80,775
+5,385
| +7% | +$34.9K |
|
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.