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 | |
|---|---|---|---|---|---|---|
2251
Playtika
PLTK
$1.54B
| $10.3M | ﹤0.01% |
1,064,916
-230,953
| -18% | -$2.47M |
|
|
SHYF
2252
DELISTED
The Shyft Group
SHYF
| $10.3M | ﹤0.01% |
685,638
+10,980
| +2% | +$185K |
|
2253
Trip.com Group
TCOM
$29.5B
| $10.3M | ﹤0.01% |
293,433
-62,351
| -18% | -$2.35M |
|
2254
Resources Connection
RGP
$158M
| $10.2M | ﹤0.01% |
687,201
+22,572
| +3% | +$355K |
|
|
REVG
2255
DELISTED
REV Group
REVG
| $10.2M | ﹤0.01% |
639,959
+16,974
| +3% | +$232K |
|
2256
Atlanta Braves Holdings Series A
BATRA
$3.52B
| $10.2M | ﹤0.01% |
261,525
+46,832
| +22% | +$1.98M |
|
2257
Applied Digital
APLD
$9B
| $10.2M | ﹤0.01% |
1,637,403
+762,367
| +87% | +$5.32M |
|
2258
World Acceptance Corp
WRLD
$902M
| $10.2M | ﹤0.01% |
80,213
+6,381
| +9% | +$881K |
|
|
SPNS
2259
DELISTED
Sapiens International
SPNS
| $10.2M | ﹤0.01% |
358,360
+17,765
| +5% | +$508K |
|
2260
F&G Annuities & Life
FG
$3.93B
| $10.2M | ﹤0.01% |
362,247
+8,404
| +2% | +$227K |
|
2261
Vera Therapeutics
VERA
$2.15B
| $10.1M | ﹤0.01% |
738,567
+87,875
| +14% | +$1.51M |
|
2262
First Mid Bancshares
FMBH
$1.4B
| $10.1M | ﹤0.01% |
381,134
+21,643
| +6% | +$602K |
|
|
FPI
2263
Farmland Partners
FPI
$425M
| $10.1M | ﹤0.01% |
983,766
-2,776
| -0.3% | -$31.6K |
|
2264
SandRidge Energy
SD
$500M
| $10.1M | ﹤0.01% |
643,825
+25,212
| +4% | +$404K |
|
2265
Disc Medicine
IRON
$2.99B
| $10.1M | ﹤0.01% |
214,398
+67,343
| +46% | +$3.37M |
|
2266
Vertex
VERX
$2B
| $10M | ﹤0.01% |
434,714
+38,010
| +10% | +$782K |
|
|
BFS
2267
Saul Centers
BFS
$838M
| $10M | ﹤0.01% |
284,485
+11,075
| +4% | +$413K |
|
2268
Evolv Technologies
EVLV
$1.08B
| $10M | ﹤0.01% |
2,063,411
+155,680
| +8% | +$959K |
|
|
CATC
2269
DELISTED
CAMBRIDGE BANCORP
CATC
| $10M | ﹤0.01% |
160,867
+1,520
| +1% | +$86.4K |
|
2270
DMC Global
BOOM
$150M
| $10M | ﹤0.01% |
409,204
+31,755
| +8% | +$691K |
|
2271
Pitney Bowes
PBI
$2.52B
| $9.98M | ﹤0.01% |
3,302,933
+61,802
| +2% | +$212K |
|
2272
BioLife Solutions
BLFS
$1.59B
| $9.96M | ﹤0.01% |
721,446
+21,115
| +3% | +$333K |
|
2273
Mercantile Bank Corp
MBWM
$1.07B
| $9.95M | ﹤0.01% |
322,013
+15,808
| +5% | +$517K |
|
2274
Cadre Holdings
CDRE
$1.32B
| $9.94M | ﹤0.01% |
373,016
+36,586
| +11% | +$893K |
|
2275
i3 Verticals
IIIV
$427M
| $9.93M | ﹤0.01% |
469,757
+16,600
| +4% | +$384K |
|
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.