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 | |
|---|---|---|---|---|---|---|
2576
Seneca Foods Class A
SENEA
$1.17B
| $6.4M | ﹤0.01% |
121,953
+3,173
| +3% | +$166K |
|
2577
American Vanguard Corp
AVD
$72.1M
| $6.38M | ﹤0.01% |
581,418
+25,951
| +5% | +$259K |
|
2578
Home Bancorp
HBCP
$568M
| $6.37M | ﹤0.01% |
151,681
+9,608
| +7% | +$351K |
|
2579
Sierra Bancorp
BSRR
$530M
| $6.36M | ﹤0.01% |
281,976
+8,674
| +3% | +$168K |
|
2580
Build-A-Bear
BBW
$435M
| $6.36M | ﹤0.01% |
276,405
+14,666
| +6% | +$371K |
|
2581
SEACOR Marine Holdings
SMHI
$258M
| $6.35M | ﹤0.01% |
504,476
+27,111
| +6% | +$347K |
|
2582
Pangaea Logistics
PANL
$477M
| $6.35M | ﹤0.01% |
770,784
+38,104
| +5% | +$257K |
|
|
EU
2583
enCore Energy
EU
$223M
| $6.35M | ﹤0.01% |
1,616,231
+139,183
| +9% | +$495K |
|
|
MCBC
2584
DELISTED
Macatawa Bank Corp
MCBC
| $6.33M | ﹤0.01% |
561,379
+37,424
| +7% | +$366K |
|
2585
RBB Bancorp
RBB
$454M
| $6.3M | ﹤0.01% |
330,667
+21,067
| +7% | +$314K |
|
|
RPT
2586
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $6.29M | ﹤0.01% |
477,650
-1,442,064
| -75% | -$16.4M |
|
|
TSE
2587
DELISTED
Trinseo
TSE
| $6.28M | ﹤0.01% |
749,822
+33,003
| +5% | +$221K |
|
|
JBIO
2588
Jade Biosciences
JBIO
$1.31B
| $6.27M | ﹤0.01% |
7,911
+774
| +11% | +$394K |
|
2589
First Bank
FRBA
$465M
| $6.25M | ﹤0.01% |
424,824
+6,585
| +2% | +$81.7K |
|
2590
First Business Financial Services
FBIZ
$604M
| $6.25M | ﹤0.01% |
155,731
+3,451
| +2% | +$116K |
|
|
ITOS
2591
DELISTED
iTeos Therapeutics
ITOS
| $6.23M | ﹤0.01% |
568,860
+36,773
| +7% | +$365K |
|
2592
Children's Place
PLCE
$58.9M
| $6.23M | ﹤0.01% |
268,165
+11,563
| +5% | +$281K |
|
|
TRUE
2593
DELISTED
TrueCar
TRUE
| $6.21M | ﹤0.01% |
1,793,618
+89,072
| +5% | +$226K |
|
|
FLIC
2594
DELISTED
First of Long Island Corp
FLIC
| $6.2M | ﹤0.01% |
468,415
+22,606
| +5% | +$263K |
|
2595
LivePerson
LPSN
$25.4M
| $6.17M | ﹤0.01% |
108,502
+6,441
| +6% | +$297K |
|
2596
Alta Equipment Group
ALTG
$245M
| $6.16M | ﹤0.01% |
498,112
+20,153
| +4% | +$218K |
|
2597
Rush Street Interactive
RSI
$2.82B
| $6.14M | ﹤0.01% |
1,366,558
+121,255
| +10% | +$502K |
|
2598
Arm
ARM
$297B
| $6.13M | ﹤0.01% |
81,626
+5,344
| +7% | +$312K |
|
2599
Axogen
AXGN
$2.4B
| $6.12M | ﹤0.01% |
896,336
+47,593
| +6% | +$265K |
|
2600
Itaú Unibanco
ITUB
$92.6B
| $6.11M | ﹤0.01% |
995,802
-13,605
| -1% | -$72.1K |
|
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.