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 | |
|---|---|---|---|---|---|---|
|
KNTE
3801
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $310K | ﹤0.01% |
221,514
+37,071
| +20% | +$89K |
|
|
IRAA
3802
DELISTED
Iris Acquisition Corp Class A Common Stock
IRAA
| $309K | ﹤0.01% |
29,112
| – | – |
|
|
ICD
3803
DELISTED
Independence Contract Drilling, Inc.
ICD
| $308K | ﹤0.01% |
102,704
+8,519
| +9% | +$25K |
|
|
DADA
3804
DELISTED
Dada Nexus
DADA
| $307K | ﹤0.01% |
69,027
-40,337
| -37% | -$214K |
|
3805
Woori Financial
WF
$16.9B
| $306K | ﹤0.01% |
11,163
+2,387
| +27% | +$64.4K |
|
3806
Airgain
AIRG
$74.4M
| $305K | ﹤0.01% |
83,037
-5,027
| -6% | -$22.9K |
|
3807
AMCON Distributing
DIT
| $304K | ﹤0.01% |
2,211
-5
| -0.2% | -$717 |
|
3808
Clene
CLNN
$67.2M
| $304K | ﹤0.01% |
30,593
+14,865
| +95% | +$206K |
|
3809
Red Cat Holdings
RCAT
$1.24B
| $303K | ﹤0.01% |
312,910
-31,734
| -9% | -$32.5K |
|
3810
Armata Pharmaceuticals
ARMP
$174M
| $303K | ﹤0.01% |
101,013
+78,550
| +350% | +$211K |
|
|
SNCE
3811
DELISTED
Science 37 Holdings, Inc. Common Stock
SNCE
| $303K | ﹤0.01% |
37,840
+7,610
| +25% | +$45.2K |
|
3812
Ampco-Pittsburgh
AP
$167M
| $302K | ﹤0.01% |
114,617
+19,964
| +21% | +$65.7K |
|
|
CASA
3813
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $299K | ﹤0.01% |
352,703
+14,123
| +4% | +$13.7K |
|
|
SA
3814
Seabridge Gold
SA
$2.81B
| $296K | ﹤0.01% |
28,172
+841
| +3% | +$9.97K |
|
3815
Worksport
WKSP
$10.5M
| $295K | ﹤0.01% |
14,038
+2,080
| +17% | +$61.6K |
|
3816
First US Bancshares
FUSB
$92.1M
| $295K | ﹤0.01% |
34,437
+838
| +2% | +$7.25K |
|
|
CKPT
3817
DELISTED
Checkpoint Therapeutics
CKPT
| $294K | ﹤0.01% |
172,949
+44,362
| +34% | +$101K |
|
3818
Verde Clean Fuels
VGAS
$22.3M
| $293K | ﹤0.01% |
77,776
-2,946
| -4% | -$13.8K |
|
|
FINV
3819
FinVolution Group
FINV
$1.16B
| $293K | ﹤0.01% |
58,830
| – | – |
|
3820
Knightscope
KSCP
$26.9M
| $293K | ﹤0.01% |
7,378
+2,680
| +57% | +$156K |
|
3821
Bogota Financial
BSBK
$115M
| $289K | ﹤0.01% |
39,212
+2,363
| +6% | +$18.7K |
|
3822
Energy Services of America
ESOA
$290M
| $289K | ﹤0.01% |
71,366
+11,345
| +19% | +$37.9K |
|
3823
Lulu's Fashion Lounge
LVLU
$51.5M
| $288K | ﹤0.01% |
9,537
+3,016
| +46% | +$104K |
|
3824
Xtant Medical Holdings
XTNT
$61M
| $287K | ﹤0.01% |
260,504
+236,911
| +1,004% | +$254K |
|
|
SII
3825
Sprott
SII
$2.66B
| $286K | ﹤0.01% |
9,394
-1,254
| -12% | -$41.2K |
|
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.