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 |
NVIDIA
NVDA
|
+$1.81B |
| 2 |
Microsoft
MSFT
|
+$1.34B |
| 3 |
Apple
AAPL
|
+$1.25B |
| 4 |
Amazon
AMZN
|
+$1.17B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$480M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPLK
Splunk Inc
SPLK
|
+$373M |
| 2 |
Amgen
AMGN
|
+$204M |
| 3 |
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
|
+$180M |
| 4 |
IMGN
Immunogen Inc
IMGN
|
+$160M |
| 5 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.47% |
| 2 | Financials | 12.91% |
| 3 | Healthcare | 12.22% |
| 4 | Consumer Discretionary | 10.6% |
| 5 | Industrials | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Pulmonx
LUNG
$92.8M
| $7.74M | ﹤0.01% |
834,524
+28,019
| +3% | +$329K |
|
|
KALV
2477
DELISTED
KalVista Pharmaceuticals
KALV
| $7.73M | ﹤0.01% |
651,888
+21,840
| +3% | +$291K |
|
2478
Artesian Resources
ARTNA
$369M
| $7.73M | ﹤0.01% |
208,325
+5,499
| +3% | +$200K |
|
2479
Enanta Pharmaceuticals
ENTA
$391M
| $7.72M | ﹤0.01% |
442,072
+12,835
| +3% | +$170K |
|
2480
Marcus Corp
MCS
$929M
| $7.72M | ﹤0.01% |
541,232
+46,774
| +9% | +$661K |
|
|
TDAY
2481
USA Today Co
TDAY
$1B
| $7.72M | ﹤0.01% |
3,162,054
+34,731
| +1% | +$78K |
|
2482
NWPX Infrastructure Inc
NWPX
$1.11B
| $7.69M | ﹤0.01% |
221,666
+3,995
| +2% | +$122K |
|
2483
Arbutus Biopharma
ABUS
$906M
| $7.63M | ﹤0.01% |
2,958,887
+141,192
| +5% | +$366K |
|
2484
Applied Digital
APLD
$8.81B
| $7.63M | ﹤0.01% |
1,783,319
+248,850
| +16% | +$1.26M |
|
2485
Boston Omaha
BOC
$431M
| $7.62M | ﹤0.01% |
492,993
+18,798
| +4% | +$296K |
|
2486
Lindblad Expeditions
LIND
$2.26B
| $7.61M | ﹤0.01% |
816,016
+18,752
| +2% | +$173K |
|
2487
ATN International
ATNI
$491M
| $7.61M | ﹤0.01% |
241,552
-2,670
| -1% | -$93.2K |
|
2488
Shore Bancshares
SHBI
$799M
| $7.61M | ﹤0.01% |
661,328
+18,632
| +3% | +$224K |
|
2489
Atea Pharmaceuticals
AVIR
$406M
| $7.61M | ﹤0.01% |
1,882,480
+74,568
| +4% | +$292K |
|
|
CNSL
2490
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $7.6M | ﹤0.01% |
1,759,682
-16,288
| -0.9% | -$70.9K |
|
2491
American Vanguard Corp
AVD
$62.8M
| $7.57M | ﹤0.01% |
584,558
+3,140
| +0.5% | +$34.4K |
|
2492
Celcuity
CELC
$4.22B
| $7.55M | ﹤0.01% |
349,722
+26,294
| +8% | +$420K |
|
2493
Aehr Test Systems
AEHR
$4.02B
| $7.55M | ﹤0.01% |
609,070
+16,166
| +3% | +$269K |
|
|
ENFN
2494
DELISTED
Enfusion, Inc.
ENFN
| $7.54M | ﹤0.01% |
815,092
+35,402
| +5% | +$311K |
|
2495
Axogen
AXGN
$2.58B
| $7.51M | ﹤0.01% |
930,810
+34,474
| +4% | +$309K |
|
2496
DocGo
DCGO
$64.5M
| $7.48M | ﹤0.01% |
1,852,019
+28,402
| +2% | +$107K |
|
|
CPE
2497
DELISTED
Callon Petroleum Company
CPE
| $7.44M | ﹤0.01% |
211,537
-1,035,275
| -83% | -$33.8M |
|
|
NXDR
2498
Nextdoor Holdings
NXDR
$998M
| $7.41M | ﹤0.01% |
3,292,587
+77,670
| +2% | +$145K |
|
2499
iRadimed
IRMD
$1.11B
| $7.4M | ﹤0.01% |
168,106
+9,901
| +6% | +$438K |
|
|
AGS
2500
DELISTED
PlayAGS
AGS
| $7.39M | ﹤0.01% |
823,113
+30,808
| +4% | +$269K |
|
Similar funds
Geode Capital Management's Q1 2024 Portfolio in Review
As of Q1 2024, Geode Capital Management held 4,738 positions worth $1.08T, up 13% from $956B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Geode Capital Management deployed $32.6B of net new capital in Q1 2024, opening 85 new positions and adding to 3,720 existing holdings. Its largest new stake was Solventum: 2,733,775 shares worth $0.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Amgen, an estimated $204M trimmed.
- Geode Capital Management's largest Q1 2024 buy was Solventum: 2,733,775 shares worth $0.
- Geode Capital Management added most to NVIDIA in Q1 2024, an estimated $1.81B increase.
- Geode Capital Management's biggest Q1 2024 reduction was Amgen, cutting an estimated $204M.
- Geode Capital Management fully exited Splunk Inc in Q1 2024, selling an estimated $373M.
- Geode Capital Management's ten largest holdings make up 28% of its $1.08T portfolio in Q1 2024.
- Geode Capital Management opened 85 new positions and closed 123 in Q1 2024.
- Geode Capital Management's portfolio value rose 13% quarter-over-quarter to $1.08T.
Based on Geode Capital Management's 13F filing for Q1 2024, filed 13 May 2024.