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 | |
|---|---|---|---|---|---|---|
|
EXK
4001
Endeavour Silver
EXK
$2.23B
| $191K | ﹤0.01% |
78,625
+3,679
| +5% | +$10.9K |
|
4002
Journey Medical
DERM
$175M
| $191K | ﹤0.01% |
69,509
+40,015
| +136% | +$89.4K |
|
|
SUNW
4003
DELISTED
Sunworks, Inc.
SUNW
| $190K | ﹤0.01% |
366,177
+47,024
| +15% | +$50.5K |
|
|
MCAG
4004
DELISTED
Mountain Crest Acquisition Corp. V Common Stock
MCAG
| $190K | ﹤0.01% |
17,855
| – | – |
|
|
BROG
4005
DELISTED
Brooge Energy
BROG
| $190K | ﹤0.01% |
37,918
| – | – |
|
|
CURO
4006
DELISTED
CURO Group Holdings Corp.
CURO
| $189K | ﹤0.01% |
180,246
+159
| +0.1% | +$213 |
|
4007
Bridgford Foods
BRID
$57.6M
| $189K | ﹤0.01% |
17,038
+18
| +0.1% | +$208 |
|
|
RDIB
4008
Reading International Class B
RDIB
| $189K | ﹤0.01% |
10,905
-7,614
| -41% | -$149K |
|
4009
Inuvo
INUV
$15.1M
| $189K | ﹤0.01% |
88,068
+13,826
| +19% | +$31.9K |
|
4010
FingerMotion
FNGR
$16.6M
| $188K | ﹤0.01% |
30,327
+4,733
| +18% | +$25K |
|
|
CCLP
4011
DELISTED
CSI Compressco LP
CCLP
| $188K | ﹤0.01% |
136,436
+6,825
| +5% | +$7.99K |
|
|
SVM
4012
Silvercorp Metals
SVM
$2.07B
| $188K | ﹤0.01% |
80,792
-3,849
| -5% | -$10.4K |
|
4013
Ocean Power Technologies
OPTT
$48.9M
| $187K | ﹤0.01% |
478,324
+429
| +0.1% | +$217 |
|
4014
BK Technologies
BKTI
$300M
| $185K | ﹤0.01% |
14,901
-594
| -4% | -$7.55K |
|
4015
Interlink Electronics
LINK
$65M
| $185K | ﹤0.01% |
+45,799
| New | +$196K |
|
4016
GigaCloud Technology
GCT
$1.63B
| $184K | ﹤0.01% |
20,832
+2,879
| +16% | +$29.7K |
|
4017
United-Guardian
UG
$32.4M
| $183K | ﹤0.01% |
24,318
+1,388
| +6% | +$10.8K |
|
|
PET
4018
DELISTED
Wag!
PET
| $183K | ﹤0.01% |
95,815
+4,139
| +5% | +$8.87K |
|
4019
TMC The Metals Company
TMC
$1.54B
| $183K | ﹤0.01% |
184,173
+39,331
| +27% | +$56.5K |
|
4020
Crexendo
CXDO
$223M
| $182K | ﹤0.01% |
86,311
-9,356
| -10% | -$17.2K |
|
|
GETR
4021
DELISTED
Getaround, Inc.
GETR
| $181K | ﹤0.01% |
518,434
-1,731
| -0.3% | -$770 |
|
|
AFCG
4022
AFC Gamma
AFCG
$61.4M
| $181K | ﹤0.01% |
22,423
+86
| +0.4% | +$764 |
|
4023
Aligos Therapeutics
ALGS
$26.2M
| $180K | ﹤0.01% |
9,660
-604
| -6% | -$13.4K |
|
4024
Owlet
OWLT
$149M
| $180K | ﹤0.01% |
40,265
-2,369
| -6% | -$9.93K |
|
|
DALN
4025
DELISTED
DallasNews
DALN
| $180K | ﹤0.01% |
39,125
-17,755
| -31% | -$77.5K |
|
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.