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 | |
|---|---|---|---|---|---|---|
|
GNTY
2651
DELISTED
Guaranty Bancshares
GNTY
| $5.45M | ﹤0.01% |
179,404
+6,616
| +4% | +$204K |
|
2652
Tenaya Therapeutics
TNYA
$164M
| $5.44M | ﹤0.01% |
1,040,046
+111,283
| +12% | +$532K |
|
2653
Zumiez
ZUMZ
$318M
| $5.42M | ﹤0.01% |
356,797
+6,252
| +2% | +$107K |
|
|
LSEA
2654
DELISTED
Landsea Homes
LSEA
| $5.4M | ﹤0.01% |
371,806
+17,709
| +5% | +$223K |
|
2655
Applied Optoelectronics
AAOI
$11B
| $5.39M | ﹤0.01% |
388,487
+9,293
| +2% | +$157K |
|
2656
Hyliion Holdings
HYLN
$734M
| $5.38M | ﹤0.01% |
3,055,986
+66,073
| +2% | +$86.7K |
|
|
ONTF
2657
DELISTED
ON24
ONTF
| $5.35M | ﹤0.01% |
749,518
-383
| -0.1% | -$2.78K |
|
2658
Primis Financial Corp
FRST
$411M
| $5.35M | ﹤0.01% |
439,427
+13,090
| +3% | +$162K |
|
2659
Li Auto
LI
$12B
| $5.34M | ﹤0.01% |
176,344
+676
| +0.4% | +$22.4K |
|
2660
AngioDynamics
ANGO
$647M
| $5.34M | ﹤0.01% |
909,076
+12,268
| +1% | +$72.9K |
|
|
PLL
2661
DELISTED
Piedmont Lithium
PLL
| $5.33M | ﹤0.01% |
399,830
+3,068
| +0.8% | +$49.2K |
|
2662
E.W. Scripps
SSP
$310M
| $5.32M | ﹤0.01% |
1,354,492
+6,663
| +0.5% | +$39.9K |
|
2663
Bridgewater Bancshares
BWB
$614M
| $5.32M | ﹤0.01% |
457,087
+11,635
| +3% | +$142K |
|
2664
Fulcrum Therapeutics
FULC
$283M
| $5.32M | ﹤0.01% |
563,458
+10,228
| +2% | +$91.3K |
|
2665
Talkspace
TALK
$869M
| $5.31M | ﹤0.01% |
1,487,075
+83,761
| +6% | +$228K |
|
|
IRBT
2666
DELISTED
iRobot
IRBT
| $5.31M | ﹤0.01% |
606,105
+10,678
| +2% | +$173K |
|
2667
PLAYSTUDIOS Inc
MYPS
$67.3M
| $5.29M | ﹤0.01% |
1,902,797
+40,240
| +2% | +$93.4K |
|
2668
NB Bancorp
NBBK
$1B
| $5.28M | ﹤0.01% |
+386,177
| New | +$5.4M |
|
|
ZYXI
2669
DELISTED
Zynex
ZYXI
| $5.28M | ﹤0.01% |
426,413
+4,718
| +1% | +$56.6K |
|
2670
Ocugen
OCGN
$458M
| $5.27M | ﹤0.01% |
3,213,520
+283,572
| +10% | +$238K |
|
2671
Coherus Oncology
CHRS
$181M
| $5.27M | ﹤0.01% |
2,203,694
+122,093
| +6% | +$300K |
|
|
AIOT
2672
PowerFleet Inc
AIOT
$421M
| $5.27M | ﹤0.01% |
985,647
+631,804
| +179% | +$2.14M |
|
|
FLIC
2673
DELISTED
First of Long Island Corp
FLIC
| $5.26M | ﹤0.01% |
474,278
+5,863
| +1% | +$68.3K |
|
2674
Hippo Holdings
HIPO
$868M
| $5.25M | ﹤0.01% |
287,467
+6,866
| +2% | +$84.6K |
|
2675
Korro Bio
KRRO
$197M
| $5.24M | ﹤0.01% |
58,241
+867
| +2% | +$47.3K |
|
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.