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
|
+$1.09B |
| 2 |
Apple
AAPL
|
+$871M |
| 3 |
Uber
UBER
|
+$867M |
| 4 |
NVIDIA
NVDA
|
+$687M |
| 5 |
Amazon
AMZN
|
+$649M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$1.52B |
| 2 |
Danaher
DHR
|
+$540M |
| 3 |
VMW
VMware, Inc
VMW
|
+$474M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$450M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$388M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.83% |
| 2 | Financials | 12.77% |
| 3 | Healthcare | 12.47% |
| 4 | Consumer Discretionary | 11% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Bank of Marin Bancorp
BMRC
$474M
| $7.69M | ﹤0.01% |
349,256
+20,197
| +6% | +$387K |
|
|
SMMF
2477
DELISTED
Summit Financial Group, Inc.
SMMF
| $7.67M | ﹤0.01% |
249,931
+10,639
| +4% | +$257K |
|
2478
LendingTree
TREE
$448M
| $7.67M | ﹤0.01% |
252,784
+5,979
| +2% | +$108K |
|
2479
Maplebear
CART
$10.7B
| $7.66M | ﹤0.01% |
326,313
+104,071
| +47% | +$2.62M |
|
2480
Lyell Immunopharma
LYEL
$315M
| $7.64M | ﹤0.01% |
196,868
+14,044
| +8% | +$506K |
|
2481
Cardlytics
CDLX
$23.6M
| $7.59M | ﹤0.01% |
82,422
+7,975
| +11% | +$811K |
|
2482
SmartFinancial
SMBK
$909M
| $7.58M | ﹤0.01% |
309,293
-405
| -0.1% | -$8.96K |
|
|
ENFN
2483
DELISTED
Enfusion, Inc.
ENFN
| $7.56M | ﹤0.01% |
779,690
+56,267
| +8% | +$526K |
|
2484
Harrow
HROW
$1.46B
| $7.52M | ﹤0.01% |
671,546
+54,943
| +9% | +$650K |
|
2485
Distribution Solutions Group
DSGR
$1.6B
| $7.52M | ﹤0.01% |
238,189
+18,337
| +8% | +$517K |
|
2486
iRadimed
IRMD
$1.17B
| $7.51M | ﹤0.01% |
158,205
+8,911
| +6% | +$375K |
|
2487
Allogene Therapeutics
ALLO
$635M
| $7.5M | ﹤0.01% |
2,335,195
+263,842
| +13% | +$748K |
|
|
SFIX
2488
Stitch Fix
SFIX
$552M
| $7.47M | ﹤0.01% |
2,091,327
+131,018
| +7% | +$462K |
|
2489
Boston Omaha
BOC
$437M
| $7.46M | ﹤0.01% |
474,195
+27,210
| +6% | +$413K |
|
2490
Limoneira
LMNR
$239M
| $7.45M | ﹤0.01% |
361,189
+13,995
| +4% | +$226K |
|
|
FSR
2491
DELISTED
Fisker Inc.
FSR
| $7.45M | ﹤0.01% |
4,256,990
+359,353
| +9% | +$1.27M |
|
2492
Neumora Therapeutics
NMRA
$304M
| $7.45M | ﹤0.01% |
436,877
+314,691
| +258% | +$3.86M |
|
2493
Microvast
MVST
$274M
| $7.41M | ﹤0.01% |
5,294,522
+1,685,939
| +47% | +$2.26M |
|
2494
Wave Life Sciences
WVE
$1.18B
| $7.37M | ﹤0.01% |
1,459,764
+64,627
| +5% | +$345K |
|
2495
Weave Communications
WEAV
$537M
| $7.37M | ﹤0.01% |
642,051
+48,619
| +8% | +$431K |
|
|
DSKE
2496
DELISTED
Daseke, Inc. Common Stock
DSKE
| $7.36M | ﹤0.01% |
909,130
+35,885
| +4% | +$174K |
|
2497
Tactile Systems Technology
TCMD
$672M
| $7.35M | ﹤0.01% |
513,697
+32,001
| +7% | +$402K |
|
|
CSTR
2498
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $7.34M | ﹤0.01% |
391,647
+18,466
| +5% | +$302K |
|
2499
Applied Optoelectronics
AAOI
$10.6B
| $7.33M | ﹤0.01% |
379,194
+10,338
| +3% | +$135K |
|
|
SHCR
2500
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $7.3M | ﹤0.01% |
6,755,599
+282,559
| +4% | +$290K |
|
Similar funds
Geode Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Geode Capital Management held 4,831 positions worth $956B, up 14% from $840B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Geode Capital Management's Q4 2023 filing shows 71 new, 3,576 increased, 304 reduced and 178 closed positions. Its largest new stake was NCR Atleos: 993,462 shares worth $24.2M. The largest sale was Activision Blizzard, an estimated $1.52B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2023 buy was NCR Atleos: 993,462 shares worth $24.2M.
- Geode Capital Management added most to Microsoft in Q4 2023, an estimated $1.09B increase.
- Geode Capital Management's biggest Q4 2023 reduction was Danaher, cutting an estimated $540M.
- Geode Capital Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.52B.
- Geode Capital Management's ten largest holdings make up 26% of its $956B portfolio in Q4 2023.
- Geode Capital Management opened 71 new positions and closed 178 in Q4 2023.
- Geode Capital Management's portfolio value rose 14% quarter-over-quarter to $956B.
Based on Geode Capital Management's 13F filing for Q4 2023, filed 13 Feb 2024.