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 | |
|---|---|---|---|---|---|---|
4126
Expion360
XPON
$3.44M
| $140K | ﹤0.01% |
27
+3
| +13% | +$17.5K |
|
4127
Splash Beverage Group
SBEV
$2.33M
| $140K | ﹤0.01% |
1,481
+86
| +6% | +$11.1K |
|
4128
Traws Pharma
TRAW
$6.85M
| $139K | ﹤0.01% |
7,714
+934
| +14% | +$21.3K |
|
|
ALPP
4129
DELISTED
Alpine 4 Holdings Inc
ALPP
| $139K | ﹤0.01% |
191,819
-20,100
| -9% | -$29.1K |
|
4130
Tiziana Life Sciences
TLSA
$131M
| $139K | ﹤0.01% |
206,416
+4,453
| +2% | +$3.07K |
|
4131
Aware
AWRE
$26M
| $139K | ﹤0.01% |
100,499
+21,427
| +27% | +$32.8K |
|
|
IOR
4132
Income Opportunity Realty Investors
IOR
| $139K | ﹤0.01% |
12,433
+8
| +0.1% | +$95 |
|
|
ABX
4133
Abacus Global Management
ABX
$989M
| $138K | ﹤0.01% |
+19,820
| New | +$146K |
|
4134
Kamada
KMDA
$412M
| $138K | ﹤0.01% |
25,878
| – | – |
|
4135
Forte Biosciences
FBRX
$1.57B
| $138K | ﹤0.01% |
8,335
+602
| +8% | +$13.3K |
|
4136
Franklin Wireless
FKWL
$26.9M
| $138K | ﹤0.01% |
43,371
+62
| +0.1% | +$203 |
|
4137
VirnetX Holding Corp
VHC
$54.4M
| $137K | ﹤0.01% |
26,995
+31
| +0.1% | +$240 |
|
|
AIFU
4138
AIFU Inc
AIFU
$206M
| $136K | ﹤0.01% |
47
| – | – |
|
|
SFE
4139
DELISTED
Safeguard Scientifics, Inc.
SFE
| $136K | ﹤0.01% |
135,924
-20,011
| -13% | -$26K |
|
|
VERY
4140
DELISTED
Vericity, Inc. Common Stock
VERY
| $136K | ﹤0.01% |
25,017
+12
| +0% | +$76 |
|
4141
Alpha Tau Medical
DRTS
$1.06B
| $135K | ﹤0.01% |
35,716
+2,640
| +8% | +$9.67K |
|
|
OTLY
4142
Oatly Group
OTLY
$465M
| $135K | ﹤0.01% |
7,520
-4,802
| -39% | -$140K |
|
|
AILE
4143
DELISTED
iLearningEngines, Inc. Common Stock
AILE
| $134K | ﹤0.01% |
12,820
-1,187
| -8% | -$12.5K |
|
|
BTCY
4144
DELISTED
Biotricity, Inc. Common Stock
BTCY
| $134K | ﹤0.01% |
64,074
+40
| +0.1% | +$97 |
|
4145
AgEagle Aerial Systems
UAVS
$40.9M
| $134K | ﹤0.01% |
796
+111
| +16% | +$22.9K |
|
|
API
4146
Agora
API
$338M
| $133K | ﹤0.01% |
52,617
-26,624
| -34% | -$76.4K |
|
4147
Professional Diversity Network
IPDN
$4.26M
| $133K | ﹤0.01% |
5,198
-1,523
| -23% | -$43.8K |
|
|
PATI
4148
DELISTED
Patriot Transportation Holding, Inc. Common Stock
PATI
| $132K | ﹤0.01% |
15,581
+3,951
| +34% | +$34.1K |
|
4149
Yunhong Green CTI Ltd
YHGJ
$7.54M
| $132K | ﹤0.01% |
5,041
+1,481
| +42% | +$28.6K |
|
4150
Caesarstone
CSTE
$72.3M
| $132K | ﹤0.01% |
30,851
| – | – |
|
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.