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 | |
|---|---|---|---|---|---|---|
2726
ARS Pharmaceuticals
SPRY
$534M
| $4.74M | ﹤0.01% |
864,869
+61,528
| +8% | +$270K |
|
2727
Climb Global Solutions
CLMB
$492M
| $4.72M | ﹤0.01% |
344,172
+11,348
| +3% | +$136K |
|
|
BIG
2728
DELISTED
Big Lots, Inc.
BIG
| $4.72M | ﹤0.01% |
605,331
+27,135
| +5% | +$140K |
|
2729
Hallador Energy
HNRG
$713M
| $4.72M | ﹤0.01% |
533,410
+26,689
| +5% | +$337K |
|
2730
Celcuity
CELC
$4.49B
| $4.71M | ﹤0.01% |
323,428
+15,664
| +5% | +$189K |
|
2731
AlTi Global
ALTI
$420M
| $4.7M | ﹤0.01% |
536,229
+60,760
| +13% | +$457K |
|
2732
FVCBankcorp
FVCB
$342M
| $4.7M | ﹤0.01% |
330,698
+27,813
| +9% | +$337K |
|
|
CRGX
2733
DELISTED
CARGO Therapeutics
CRGX
| $4.7M | ﹤0.01% |
+202,782
| New | +$3.44M |
|
2734
UroGen Pharma
URGN
$2.16B
| $4.69M | ﹤0.01% |
312,516
+93,389
| +43% | +$1.21M |
|
2735
Asure Software
ASUR
$243M
| $4.68M | ﹤0.01% |
491,630
+92,248
| +23% | +$771K |
|
2736
SGHC Ltd
SGHC
$6.76B
| $4.66M | ﹤0.01% |
1,470,087
+94,066
| +7% | +$316K |
|
|
LSEA
2737
DELISTED
Landsea Homes
LSEA
| $4.65M | ﹤0.01% |
354,097
+82,483
| +30% | +$798K |
|
|
TSVT
2738
DELISTED
2seventy bio
TSVT
| $4.65M | ﹤0.01% |
1,088,867
+43,510
| +4% | +$134K |
|
2739
Pulse Biosciences
PLSE
$2.55B
| $4.64M | ﹤0.01% |
379,259
+25,174
| +7% | +$174K |
|
2740
Nerdy
NRDY
$105M
| $4.64M | ﹤0.01% |
1,353,287
+108,649
| +9% | +$333K |
|
|
ITIC
2741
Investors Title Co
ITIC
$543M
| $4.64M | ﹤0.01% |
28,625
+2,070
| +8% | +$308K |
|
2742
HF Foods Group
HFFG
$78.6M
| $4.63M | ﹤0.01% |
867,535
+48,241
| +6% | +$219K |
|
2743
Paysafe
PSFE
$412M
| $4.63M | ﹤0.01% |
361,837
+19,405
| +6% | +$214K |
|
2744
Greif Class B
GEF.B
$4.22B
| $4.62M | ﹤0.01% |
70,044
+1,767
| +3% | +$117K |
|
2745
Codexis
CDXS
$153M
| $4.62M | ﹤0.01% |
1,514,392
+121,250
| +9% | +$261K |
|
2746
Tyra Biosciences
TYRA
$1.62B
| $4.62M | ﹤0.01% |
333,469
+18,991
| +6% | +$246K |
|
2747
Methanex
MEOH
$4.05B
| $4.6M | ﹤0.01% |
97,258
+104
| +0.1% | +$4.52K |
|
2748
Nuvation Bio
NUVB
$2.25B
| $4.6M | ﹤0.01% |
3,046,325
+146,203
| +5% | +$188K |
|
2749
Commercial Vehicle Group
CVGI
$127M
| $4.6M | ﹤0.01% |
656,175
+32,712
| +5% | +$222K |
|
|
ZYXI
2750
DELISTED
Zynex
ZYXI
| $4.59M | ﹤0.01% |
421,695
-2,935
| -0.7% | -$26.1K |
|
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.