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 | |
|---|---|---|---|---|---|---|
2751
Plumas Bancorp
PLBC
$426M
| $4.57M | ﹤0.01% |
110,468
+9,166
| +9% | +$331K |
|
2752
Amplify Energy
AMPY
$159M
| $4.56M | ﹤0.01% |
769,239
+34,607
| +5% | +$223K |
|
2753
Rocky Brands
RCKY
$372M
| $4.54M | ﹤0.01% |
150,515
+9,787
| +7% | +$216K |
|
|
ITI
2754
DELISTED
Iteris, Inc.
ITI
| $4.54M | ﹤0.01% |
873,186
+24,422
| +3% | +$108K |
|
2755
Solid Power
SLDP
$479M
| $4.54M | ﹤0.01% |
3,129,304
+155,217
| +5% | +$233K |
|
2756
Liberty Latin America Class A
LILA
$1.67B
| $4.52M | ﹤0.01% |
909,773
+104,986
| +13% | +$506K |
|
2757
Nathan's Famous
NATH
$402M
| $4.51M | ﹤0.01% |
57,838
+1,547
| +3% | +$106K |
|
2758
Clarus
CLAR
$130M
| $4.51M | ﹤0.01% |
653,688
+40,202
| +7% | +$236K |
|
2759
Petco
WOOF
$845M
| $4.5M | ﹤0.01% |
1,425,299
+52,194
| +4% | +$180K |
|
2760
C&F Financial
CFFI
$272M
| $4.5M | ﹤0.01% |
65,979
+1,979
| +3% | +$115K |
|
|
SRTA
2761
Strata Critical Medical Inc
SRTA
$497M
| $4.5M | ﹤0.01% |
1,274,342
+89,414
| +8% | +$257K |
|
2762
Energy Vault
NRGV
$575M
| $4.48M | ﹤0.01% |
1,923,318
+144,778
| +8% | +$334K |
|
|
BLFY
2763
DELISTED
Blue Foundry Bancorp
BLFY
| $4.46M | ﹤0.01% |
461,531
+8,841
| +2% | +$76K |
|
2764
Heron Therapeutics
HRTX
$95.5M
| $4.46M | ﹤0.01% |
2,624,674
+229,513
| +10% | +$253K |
|
|
PHLT
2765
DELISTED
Performant Healthcare Inc
PHLT
| $4.45M | ﹤0.01% |
1,423,069
+116,263
| +9% | +$305K |
|
2766
Concrete Pumping Holdings
BBCP
$494M
| $4.44M | ﹤0.01% |
541,648
+19,476
| +4% | +$152K |
|
2767
Parke Bancorp
PKBK
$401M
| $4.43M | ﹤0.01% |
218,922
+13,709
| +7% | +$243K |
|
2768
Freedom Holding
FRHC
$9.85B
| $4.43M | ﹤0.01% |
54,926
-417
| -0.8% | -$34K |
|
|
INZY
2769
DELISTED
Inozyme Pharma
INZY
| $4.4M | ﹤0.01% |
1,032,716
+209,893
| +26% | +$746K |
|
|
THRD
2770
DELISTED
Third Harmonic Bio
THRD
| $4.4M | ﹤0.01% |
400,693
+39,538
| +11% | +$313K |
|
|
KEEL
2771
Keel Infrastructure Corp
KEEL
$2.44B
| $4.39M | ﹤0.01% |
1,508,153
+366,736
| +32% | +$589K |
|
2772
Janux Therapeutics
JANX
$978M
| $4.38M | ﹤0.01% |
408,190
+21,386
| +6% | +$185K |
|
2773
Omeros
OMER
$931M
| $4.38M | ﹤0.01% |
1,338,713
+55,967
| +4% | +$118K |
|
|
NLOP
2774
Net Lease Office Properties
NLOP
$175M
| $4.38M | ﹤0.01% |
+236,822
| New | +$3.94M |
|
2775
Forum Energy Technologies
FET
$823M
| $4.37M | ﹤0.01% |
197,148
+7,310
| +4% | +$164K |
|
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.