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 | |
|---|---|---|---|---|---|---|
2226
Savara
SVRA
$1.08B
| $11.8M | ﹤0.01% |
2,367,805
+40,932
| +2% | +$198K |
|
2227
Logitech
LOGI
$15B
| $11.8M | ﹤0.01% |
131,709
+520
| +0.4% | +$46.5K |
|
2228
Corsair Gaming
CRSR
$1.45B
| $11.7M | ﹤0.01% |
951,647
+18,277
| +2% | +$238K |
|
2229
V2X
VVX
$2.55B
| $11.7M | ﹤0.01% |
251,214
+4,532
| +2% | +$185K |
|
|
ALX
2230
Alexander's
ALX
$1.4B
| $11.7M | ﹤0.01% |
53,921
+915
| +2% | +$200K |
|
2231
Orthofix Medical
OFIX
$415M
| $11.7M | ﹤0.01% |
805,581
+13,775
| +2% | +$190K |
|
|
UHT
2232
Universal Health Realty Income Trust
UHT
$573M
| $11.7M | ﹤0.01% |
318,117
+6,486
| +2% | +$257K |
|
2233
York Water
YORW
$536M
| $11.7M | ﹤0.01% |
321,606
+10,924
| +4% | +$394K |
|
|
BFS
2234
Saul Centers
BFS
$865M
| $11.7M | ﹤0.01% |
302,770
+7,726
| +3% | +$293K |
|
|
CATC
2235
DELISTED
CAMBRIDGE BANCORP
CATC
| $11.6M | ﹤0.01% |
170,577
+3,432
| +2% | +$228K |
|
2236
Central Pacific Financial
CPF
$1B
| $11.6M | ﹤0.01% |
588,040
+7,048
| +1% | +$135K |
|
2237
i3 Verticals
IIIV
$325M
| $11.6M | ﹤0.01% |
506,870
+9,178
| +2% | +$191K |
|
2238
Seaboard Corp
SEB
$4.08B
| $11.6M | ﹤0.01% |
3,589
+70
| +2% | +$241K |
|
|
NVRO
2239
DELISTED
NEVRO CORP.
NVRO
| $11.6M | ﹤0.01% |
800,528
+31,875
| +4% | +$527K |
|
2240
Beyond Meat
BYND
$210M
| $11.6M | ﹤0.01% |
1,395,848
+36,377
| +3% | +$280K |
|
2241
Energy Fuels
UUUU
$3.64B
| $11.6M | ﹤0.01% |
1,836,492
+74,920
| +4% | +$505K |
|
2242
TETRA Technologies
TTI
$1.25B
| $11.5M | ﹤0.01% |
2,605,717
+64,164
| +3% | +$267K |
|
2243
Cullinan Oncology
CGEM
$1.26B
| $11.5M | ﹤0.01% |
677,330
+21,666
| +3% | +$335K |
|
|
SAVE
2244
DELISTED
Spirit Airlines, Inc.
SAVE
| $11.5M | ﹤0.01% |
2,381,867
+43,673
| +2% | +$323K |
|
2245
Compass Minerals
CMP
$1.1B
| $11.5M | ﹤0.01% |
730,272
+19,400
| +3% | +$407K |
|
2246
Sanofi
SNY
$105B
| $11.5M | ﹤0.01% |
236,418
+2,027
| +0.9% | +$99K |
|
|
STER
2247
DELISTED
Sterling Check Corp. Common Stock
STER
| $11.5M | ﹤0.01% |
714,211
+3,546
| +0.5% | +$50.6K |
|
2248
Virgin Galactic
SPCE
$475M
| $11.5M | ﹤0.01% |
386,958
+27,543
| +8% | +$999K |
|
2249
Xperi
XPER
$320M
| $11.4M | ﹤0.01% |
948,395
+21,982
| +2% | +$242K |
|
2250
Centrus Energy
LEU
$3.83B
| $11.4M | ﹤0.01% |
275,298
+5,734
| +2% | +$263K |
|
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.