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 | |
|---|---|---|---|---|---|---|
2551
BP
BP
$107B
| $6.74M | ﹤0.01% |
190,403
-75,903
| -29% | -$2.78M |
|
2552
Xponential Fitness
XPOF
$284M
| $6.74M | ﹤0.01% |
522,661
+23,239
| +5% | +$315K |
|
2553
Phathom Pharmaceuticals
PHAT
$688M
| $6.71M | ﹤0.01% |
735,273
+52,703
| +8% | +$454K |
|
|
OSG
2554
DELISTED
Overseas Shipholding Group Inc.
OSG
| $6.68M | ﹤0.01% |
1,267,820
+20,320
| +2% | +$98.4K |
|
2555
Cullinan Oncology
CGEM
$1.07B
| $6.68M | ﹤0.01% |
655,664
+64,841
| +11% | +$574K |
|
|
AGS
2556
DELISTED
PlayAGS
AGS
| $6.68M | ﹤0.01% |
792,305
+62,363
| +9% | +$461K |
|
2557
Five Star Bancorp
FSBC
$1.13B
| $6.66M | ﹤0.01% |
254,420
+7,494
| +3% | +$164K |
|
2558
Cricut
CRCT
$1.31B
| $6.65M | ﹤0.01% |
1,008,613
+45,904
| +5% | +$353K |
|
2559
Zymeworks
ZYME
$1.74B
| $6.65M | ﹤0.01% |
639,672
+40,209
| +7% | +$320K |
|
2560
W&T Offshore
WTI
$492M
| $6.64M | ﹤0.01% |
2,036,680
+140,463
| +7% | +$518K |
|
2561
NWPX Infrastructure Inc
NWPX
$1.23B
| $6.59M | ﹤0.01% |
217,671
+9,668
| +5% | +$272K |
|
2562
Farmers & Merchants Bancorp
FMAO
$474M
| $6.58M | ﹤0.01% |
265,327
+7,843
| +3% | +$155K |
|
2563
Li Auto
LI
$13.3B
| $6.58M | ﹤0.01% |
175,668
+67
| +0% | +$2.42K |
|
2564
Kodiak Gas Services
KGS
$5.79B
| $6.56M | ﹤0.01% |
326,886
+20,763
| +7% | +$374K |
|
|
SLNO
2565
DELISTED
Soleno Therapeutics
SLNO
| $6.56M | ﹤0.01% |
162,844
+110,291
| +210% | +$3.14M |
|
|
AGEN
2566
Agenus
AGEN
$334M
| $6.55M | ﹤0.01% |
395,378
+39,638
| +11% | +$657K |
|
2567
1-800-Flowers.com
FLWS
$267M
| $6.53M | ﹤0.01% |
606,081
+24,497
| +4% | +$210K |
|
2568
Greenlight Captial
GLRE
$508M
| $6.53M | ﹤0.01% |
571,375
+28,391
| +5% | +$316K |
|
2569
Colliers International
CIGI
$5.09B
| $6.52M | ﹤0.01% |
51,510
+278
| +0.5% | +$28.5K |
|
2570
Orrstown Financial Services
ORRF
$851M
| $6.48M | ﹤0.01% |
219,746
+13,269
| +6% | +$312K |
|
|
NXDT
2571
NexPoint Diversified Real Estate Trust
NXDT
$233M
| $6.45M | ﹤0.01% |
811,769
+50,792
| +7% | +$416K |
|
|
ME
2572
DELISTED
23andMe Holding Co
ME
| $6.45M | ﹤0.01% |
352,933
+46,826
| +15% | +$810K |
|
2573
Klaviyo
KVYO
$5.8B
| $6.45M | ﹤0.01% |
+232,032
| New | +$6.87M |
|
|
ONC
2574
BeOne Medicines Ltd
ONC
$34.2B
| $6.44M | ﹤0.01% |
35,725
-90
| -0.3% | -$16.3K |
|
2575
Enliven Therapeutics
ELVN
$4.14B
| $6.43M | ﹤0.01% |
464,657
+31,685
| +7% | +$388K |
|
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.