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 | |
|---|---|---|---|---|---|---|
1176
Bloom Energy
BE
$60.6B
| $54.5M | 0.01% |
4,109,098
+390,553
| +11% | +$6.12M |
|
1177
Magna International
MGA
$18.7B
| $54.4M | 0.01% |
1,006,423
+49,465
| +5% | +$2.88M |
|
1178
Axsome Therapeutics
AXSM
$11.2B
| $54.4M | 0.01% |
778,495
+68,727
| +10% | +$5.14M |
|
1179
NCR Voyix
VYX
$1.14B
| $54.2M | 0.01% |
3,269,210
+17,916
| +0.6% | +$305K |
|
1180
Warrior Met Coal
HCC
$4.19B
| $54.2M | 0.01% |
1,061,242
+40,159
| +4% | +$1.69M |
|
1181
SL Green Realty
SLG
$3.76B
| $54.2M | 0.01% |
1,452,492
+27,974
| +2% | +$1.01M |
|
1182
ESCO Technologies
ESE
$8.17B
| $54.2M | 0.01% |
518,532
+19,756
| +4% | +$2.03M |
|
1183
Associated Banc-Corp
ASB
$5.83B
| $54.2M | 0.01% |
3,165,018
+128,773
| +4% | +$2.27M |
|
1184
Silgan Holdings
SLGN
$4.23B
| $54.2M | 0.01% |
1,256,033
-63,659
| -5% | -$2.86M |
|
1185
ABM Industries
ABM
$2.81B
| $53.9M | 0.01% |
1,347,722
+51,140
| +4% | +$2.21M |
|
1186
Ameris Bancorp
ABCB
$5.85B
| $53.9M | 0.01% |
1,404,332
+48,410
| +4% | +$1.92M |
|
1187
Acadia Pharmaceuticals
ACAD
$4.43B
| $53.7M | 0.01% |
2,578,382
+84,044
| +3% | +$2.28M |
|
1188
Plexus
PLXS
$6.72B
| $53.6M | 0.01% |
576,500
+17,928
| +3% | +$1.74M |
|
1189
EPR Properties
EPR
$4.76B
| $53.5M | 0.01% |
1,287,936
+28,434
| +2% | +$1.25M |
|
1190
Werner Enterprises
WERN
$2.24B
| $53.5M | 0.01% |
1,372,902
+92,787
| +7% | +$3.98M |
|
1191
Louisiana-Pacific
LPX
$5.06B
| $53.5M | 0.01% |
967,090
-59,114
| -6% | -$3.88M |
|
1192
Corcept Therapeutics
CORT
$12.4B
| $53.3M | 0.01% |
1,957,687
+212,897
| +12% | +$6.16M |
|
1193
Artisan Partners
APAM
$2.79B
| $53.3M | 0.01% |
1,424,598
+55,090
| +4% | +$2.14M |
|
1194
Amkor Technology
AMKR
$12.4B
| $53.2M | 0.01% |
2,354,532
+112,525
| +5% | +$2.97M |
|
|
GMS
1195
DELISTED
GMS Inc
GMS
| $53.2M | 0.01% |
831,598
+25,584
| +3% | +$1.77M |
|
1196
Integer Holdings
ITGR
$4.12B
| $53.1M | 0.01% |
677,400
+25,591
| +4% | +$2.17M |
|
1197
HUB Group
HUBG
$2.85B
| $53.1M | 0.01% |
1,351,660
+4,776
| +0.4% | +$196K |
|
|
JHG
1198
DELISTED
Janus Henderson
JHG
| $53M | 0.01% |
2,051,130
+56,289
| +3% | +$1.54M |
|
1199
Macerich
MAC
$7.33B
| $52.9M | 0.01% |
4,845,363
+168,468
| +4% | +$2.01M |
|
|
SFBS
1200
ServisFirst Bancshares
SFBS
$4.89B
| $52.8M | 0.01% |
1,012,740
+37,558
| +4% | +$1.99M |
|
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.