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 | |
|---|---|---|---|---|---|---|
2501
Mid Penn Bancorp
MPB
$970M
| $7.29M | ﹤0.01% |
300,102
+11,805
| +4% | +$251K |
|
2502
Bit Digital
BTBT
$482M
| $7.28M | ﹤0.01% |
1,722,043
+363,859
| +27% | +$950K |
|
2503
South Plains Financial
SPFI
$840M
| $7.28M | ﹤0.01% |
251,257
+6,414
| +3% | +$174K |
|
|
BAND
2504
Bandwidth Inc
BAND
$1.4B
| $7.27M | ﹤0.01% |
502,443
+29,577
| +6% | +$345K |
|
2505
Avita Medical
RCEL
$142M
| $7.25M | ﹤0.01% |
528,657
+30,039
| +6% | +$344K |
|
2506
Forrester Research
FORR
$221M
| $7.24M | ﹤0.01% |
269,888
+10,807
| +4% | +$282K |
|
2507
Anika Therapeutics
ANIK
$277M
| $7.23M | ﹤0.01% |
318,913
+13,053
| +4% | +$270K |
|
2508
Carter Bankshares
CARE
$785M
| $7.22M | ﹤0.01% |
482,340
+13,594
| +3% | +$171K |
|
|
AAN
2509
DELISTED
The Aaron's Company Inc
AAN
| $7.22M | ﹤0.01% |
663,356
+24,696
| +4% | +$229K |
|
2510
Marcus Corp
MCS
$946M
| $7.21M | ﹤0.01% |
494,458
+6,758
| +1% | +$101K |
|
2511
Atmus Filtration Technologies
ATMU
$4.4B
| $7.21M | ﹤0.01% |
306,694
+12,818
| +4% | +$275K |
|
|
TDAY
2512
USA Today Co
TDAY
$1.32B
| $7.19M | ﹤0.01% |
3,127,323
+149,771
| +5% | +$334K |
|
2513
IMAX
IMAX
$2.8B
| $7.19M | ﹤0.01% |
478,606
+25,682
| +6% | +$439K |
|
2514
BrightView Holdings
BV
$1.26B
| $7.16M | ﹤0.01% |
849,965
+34,544
| +4% | +$263K |
|
2515
Hingham Institution for Saving
HIFS
$647M
| $7.15M | ﹤0.01% |
36,787
+2,957
| +9% | +$507K |
|
2516
EverCommerce
EVCM
$2.12B
| $7.14M | ﹤0.01% |
647,094
+21,084
| +3% | +$203K |
|
2517
Tootsie Roll Industries
TR
$2.96B
| $7.14M | ﹤0.01% |
234,590
+4,821
| +2% | +$141K |
|
2518
Zumiez
ZUMZ
$345M
| $7.13M | ﹤0.01% |
350,545
+16,514
| +5% | +$296K |
|
2519
Citizens & Northern Corp
CZNC
$454M
| $7.09M | ﹤0.01% |
316,133
+8,977
| +3% | +$177K |
|
2520
Daktronics
DAKT
$1,000M
| $7.08M | ﹤0.01% |
835,156
+35,026
| +4% | +$334K |
|
2521
Domo
DOMO
$184M
| $7.06M | ﹤0.01% |
686,313
+35,872
| +6% | +$331K |
|
2522
Carriage Services
CSV
$645M
| $7.05M | ﹤0.01% |
281,995
+13,767
| +5% | +$324K |
|
2523
Arbutus Biopharma
ABUS
$861M
| $7.04M | ﹤0.01% |
2,817,695
+120,611
| +4% | +$236K |
|
|
SNBR
2524
DELISTED
Sleep Number
SNBR
| $7.04M | ﹤0.01% |
474,871
+21,214
| +5% | +$329K |
|
2525
NewtekOne
NEWT
$431M
| $7.04M | ﹤0.01% |
510,244
+24,278
| +5% | +$340K |
|
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.