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 | |
|---|---|---|---|---|---|---|
2251
Hanmi Financial
HAFC
$963M
| $11.4M | ﹤0.01% |
717,231
+14,808
| +2% | +$241K |
|
|
LAND
2252
Gladstone Land Corp
LAND
$358M
| $11.4M | ﹤0.01% |
854,381
+14,327
| +2% | +$193K |
|
2253
Atlanta Braves Holdings Series A
BATRA
$3.64B
| $11.4M | ﹤0.01% |
271,912
+9,364
| +4% | +$396K |
|
2254
Nuvation Bio
NUVB
$2.14B
| $11.4M | ﹤0.01% |
3,127,198
+80,873
| +3% | +$155K |
|
2255
Titan Machinery
TITN
$420M
| $11.4M | ﹤0.01% |
458,360
+6,529
| +1% | +$171K |
|
2256
Alpha and Omega Semiconductor
AOSL
$916M
| $11.3M | ﹤0.01% |
513,678
+9,263
| +2% | +$224K |
|
2257
Gray Television
GTN
$520M
| $11.3M | ﹤0.01% |
1,791,169
+12,405
| +0.7% | +$94.8K |
|
2258
RCI Hospitality Holdings
RICK
$230M
| $11.3M | ﹤0.01% |
194,714
+4,033
| +2% | +$237K |
|
2259
Acco Brands
ACCO
$399M
| $11.3M | ﹤0.01% |
2,006,269
+24,636
| +1% | +$147K |
|
2260
Tecnoglass Holdings Inc.
TGLS
$1.87B
| $11.2M | ﹤0.01% |
215,977
+3,138
| +1% | +$144K |
|
2261
LSB Industries
LXU
$711M
| $11.2M | ﹤0.01% |
1,276,990
+42,847
| +3% | +$338K |
|
|
TRTX
2262
TPG RE Finance Trust
TRTX
$616M
| $11.2M | ﹤0.01% |
1,451,045
+10,270
| +0.7% | +$68.5K |
|
2263
Consolidated Water Co
CWCO
$502M
| $11M | ﹤0.01% |
376,936
+12,324
| +3% | +$379K |
|
2264
ChargePoint
CHPT
$160M
| $11M | ﹤0.01% |
290,502
+49,371
| +20% | +$1.94M |
|
|
PETQ
2265
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $11M | ﹤0.01% |
602,182
+25,349
| +4% | +$451K |
|
2266
Turning Point Brands
TPB
$1.73B
| $11M | ﹤0.01% |
375,550
+11,710
| +3% | +$298K |
|
2267
LendingTree
TREE
$461M
| $11M | ﹤0.01% |
259,883
+7,099
| +3% | +$248K |
|
|
MRNS
2268
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $11M | ﹤0.01% |
1,214,766
+75,272
| +7% | +$732K |
|
|
EGLE
2269
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $11M | ﹤0.01% |
175,505
+2,837
| +2% | +$166K |
|
|
CVGW
2270
DELISTED
Calavo Growers
CVGW
| $10.9M | ﹤0.01% |
392,270
+11,697
| +3% | +$328K |
|
2271
Haverty Furniture Companies
HVT
$450M
| $10.9M | ﹤0.01% |
319,381
+13,487
| +4% | +$458K |
|
2272
JD.com
JD
$39.6B
| $10.9M | ﹤0.01% |
397,662
+8,224
| +2% | +$201K |
|
|
AMNB
2273
DELISTED
American National Bankshares Inc
AMNB
| $10.9M | ﹤0.01% |
227,575
+5,679
| +3% | +$262K |
|
|
FNA
2274
DELISTED
Paragon 28, Inc.
FNA
| $10.9M | ﹤0.01% |
879,611
+13,877
| +2% | +$165K |
|
2275
Allient
ALNT
$1.86B
| $10.8M | ﹤0.01% |
303,721
+5,762
| +2% | +$172K |
|
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.