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 | |
|---|---|---|---|---|---|---|
2151
Heritage Financial
HFWA
$1.24B
| $12M | ﹤0.01% |
732,794
+20,898
| +3% | +$365K |
|
2152
Health Catalyst
HCAT
$168M
| $11.9M | ﹤0.01% |
1,180,610
+50,870
| +5% | +$607K |
|
2153
Digital Turbine
APPS
$1.16B
| $11.9M | ﹤0.01% |
1,973,786
+116,082
| +6% | +$1.03M |
|
|
VMEO
2154
DELISTED
Vimeo
VMEO
| $11.9M | ﹤0.01% |
3,370,598
+249,690
| +8% | +$990K |
|
2155
Ducommun
DCO
$2.86B
| $11.9M | ﹤0.01% |
274,165
+54,456
| +25% | +$2.47M |
|
|
PKST
2156
DELISTED
Peakstone Realty Trust
PKST
| $11.9M | ﹤0.01% |
714,092
+110,301
| +18% | +$2.34M |
|
|
INBX
2157
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $11.9M | ﹤0.01% |
646,159
-12,864
| -2% | -$269K |
|
2158
Fulgent Genetics
FLGT
$517M
| $11.8M | ﹤0.01% |
442,690
+30,183
| +7% | +$1.03M |
|
2159
MINISO
MNSO
$3.71B
| $11.8M | ﹤0.01% |
459,172
+20,686
| +5% | +$461K |
|
2160
Kinetik
KNTK
$3.57B
| $11.8M | ﹤0.01% |
349,720
-50,836
| -13% | -$1.79M |
|
2161
Interface
TILE
$2.05B
| $11.8M | ﹤0.01% |
1,199,626
+47,096
| +4% | +$457K |
|
2162
Gray Television
GTN
$438M
| $11.7M | ﹤0.01% |
1,696,572
+70,065
| +4% | +$577K |
|
2163
Nice
NICE
$5.97B
| $11.7M | ﹤0.01% |
69,018
-421
| -0.6% | -$83.8K |
|
2164
TFS Financial
TFSL
$5.21B
| $11.7M | ﹤0.01% |
991,641
+22,131
| +2% | +$296K |
|
2165
Tango Therapeutics
TNGX
$4.64B
| $11.7M | ﹤0.01% |
1,034,994
+96,157
| +10% | +$586K |
|
|
CBL
2166
CBL Properties
CBL
$1.77B
| $11.6M | ﹤0.01% |
554,489
+27,363
| +5% | +$595K |
|
|
HDSN
2167
Hudson Technologies
HDSN
$263M
| $11.6M | ﹤0.01% |
872,614
+42,471
| +5% | +$458K |
|
2168
Enviri
NVRI
$671M
| $11.6M | ﹤0.01% |
1,606,855
+48,436
| +3% | +$391K |
|
|
ZEUS
2169
DELISTED
Olympic Steel
ZEUS
| $11.6M | ﹤0.01% |
206,343
+8,215
| +4% | +$424K |
|
2170
Kymera Therapeutics
KYMR
$8.6B
| $11.6M | ﹤0.01% |
834,227
+32,942
| +4% | +$662K |
|
|
GOLD
2171
Gold.com Inc
GOLD
$1.26B
| $11.6M | ﹤0.01% |
394,493
+10,362
| +3% | +$374K |
|
2172
Dutch Bros
BROS
$8.87B
| $11.6M | ﹤0.01% |
497,202
+208,918
| +72% | +$5.95M |
|
2173
Aurinia Pharmaceuticals
AUPH
$1.91B
| $11.6M | ﹤0.01% |
1,487,794
+77,028
| +5% | +$753K |
|
|
GOOD
2174
Gladstone Commercial Corp
GOOD
$600M
| $11.6M | ﹤0.01% |
950,427
+29,174
| +3% | +$383K |
|
2175
ARKO Corp
ARKO
$839M
| $11.6M | ﹤0.01% |
1,616,134
+32,645
| +2% | +$255K |
|
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.