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 | |
|---|---|---|---|---|---|---|
|
CTO
2426
CTO Realty Growth
CTO
$827M
| $7.51M | ﹤0.01% |
463,045
+23,816
| +5% | +$409K |
|
2427
Forrester Research
FORR
$221M
| $7.49M | ﹤0.01% |
259,081
+16,879
| +7% | +$519K |
|
2428
Community Health Systems
CYH
$412M
| $7.46M | ﹤0.01% |
2,572,653
+90,639
| +4% | +$336K |
|
2429
FRP Holdings
FRPH
$432M
| $7.45M | ﹤0.01% |
275,870
+12,484
| +5% | +$352K |
|
|
ORC
2430
Orchid Island Capital
ORC
$1.29B
| $7.43M | ﹤0.01% |
873,549
+104,031
| +14% | +$1.02M |
|
2431
Southern Missouri Bancorp
SMBC
$867M
| $7.42M | ﹤0.01% |
191,643
+7,460
| +4% | +$319K |
|
|
BVH
2432
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $7.41M | ﹤0.01% |
201,992
+5,466
| +3% | +$198K |
|
2433
EVgo
EVGO
$227M
| $7.4M | ﹤0.01% |
2,189,841
+629,515
| +40% | +$2.59M |
|
|
CTLP
2434
DELISTED
Cantaloupe
CTLP
| $7.4M | ﹤0.01% |
1,183,091
+39,131
| +3% | +$287K |
|
2435
Custom Truck One Source
CTOS
$2.42B
| $7.37M | ﹤0.01% |
1,189,218
+38,043
| +3% | +$252K |
|
2436
ATN International
ATNI
$379M
| $7.37M | ﹤0.01% |
233,592
+9,761
| +4% | +$347K |
|
2437
AMC Global Media
AMCX
$479M
| $7.37M | ﹤0.01% |
625,218
+42,080
| +7% | +$510K |
|
2438
Symbotic
SYM
$6.04B
| $7.35M | ﹤0.01% |
219,837
+23,738
| +12% | +$977K |
|
2439
Boston Omaha
BOC
$437M
| $7.33M | ﹤0.01% |
446,985
+8,998
| +2% | +$161K |
|
|
OPTU
2440
Optimum Communications Inc
OPTU
$336M
| $7.31M | ﹤0.01% |
2,234,554
+99,648
| +5% | +$322K |
|
2441
Hallador Energy
HNRG
$713M
| $7.31M | ﹤0.01% |
506,721
+24,028
| +5% | +$254K |
|
|
TDAY
2442
USA Today Co
TDAY
$1.32B
| $7.3M | ﹤0.01% |
2,977,552
+174,863
| +6% | +$483K |
|
2443
Luxfer Holdings
LXFR
$459M
| $7.29M | ﹤0.01% |
558,922
+19,869
| +4% | +$251K |
|
2444
Aviat Networks
AVNW
$265M
| $7.29M | ﹤0.01% |
233,769
+11,419
| +5% | +$361K |
|
|
LUCK
2445
Lucky Strike Entertainment
LUCK
$919M
| $7.29M | ﹤0.01% |
757,290
+126,334
| +20% | +$1.39M |
|
2446
Avita Medical
RCEL
$142M
| $7.29M | ﹤0.01% |
498,618
+23,461
| +5% | +$397K |
|
2447
Coherus Oncology
CHRS
$222M
| $7.28M | ﹤0.01% |
1,944,967
+524,359
| +37% | +$2.42M |
|
2448
Elbit Systems
ESLT
$38.9B
| $7.26M | ﹤0.01% |
36,660
+811
| +2% | +$166K |
|
2449
MetroCity Bankshares
MCBS
$1.02B
| $7.25M | ﹤0.01% |
368,420
+15,915
| +5% | +$317K |
|
2450
Tejon Ranch
TRC
$455M
| $7.23M | ﹤0.01% |
445,908
+12,872
| +3% | +$218K |
|
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.