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 |
NVIDIA
NVDA
|
+$1.81B |
| 2 |
Microsoft
MSFT
|
+$1.34B |
| 3 |
Apple
AAPL
|
+$1.25B |
| 4 |
Amazon
AMZN
|
+$1.17B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$480M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPLK
Splunk Inc
SPLK
|
+$373M |
| 2 |
Amgen
AMGN
|
+$204M |
| 3 |
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
|
+$180M |
| 4 |
IMGN
Immunogen Inc
IMGN
|
+$160M |
| 5 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.47% |
| 2 | Financials | 12.91% |
| 3 | Healthcare | 12.22% |
| 4 | Consumer Discretionary | 10.6% |
| 5 | Industrials | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
Ooma
OOMA
$604M
| $4.3M | ﹤0.01% |
504,269
+21,972
| +5% | +$219K |
|
2777
Norwood Financial Corp
NWFL
$368M
| $4.3M | ﹤0.01% |
158,081
+4,125
| +3% | +$115K |
|
2778
CS Disco
LAW
$279M
| $4.29M | ﹤0.01% |
528,077
+9,853
| +2% | +$75.6K |
|
2779
Kyverna Therapeutics
KYTX
$484M
| $4.28M | ﹤0.01% |
+172,236
| New | +$4.81M |
|
2780
Corbus Pharmaceuticals
CRBP
$190M
| $4.27M | ﹤0.01% |
108,808
+70,663
| +185% | +$1.74M |
|
2781
National Bankshares
NKSH
$268M
| $4.26M | ﹤0.01% |
127,449
+5,827
| +5% | +$188K |
|
2782
Nathan's Famous
NATH
$402M
| $4.26M | ﹤0.01% |
60,090
+2,252
| +4% | +$158K |
|
2783
McEwen Inc
MUX
$1.18B
| $4.23M | ﹤0.01% |
428,948
+30,881
| +8% | +$223K |
|
|
CWBC
2784
Community West Bancshares
CWBC
$684M
| $4.23M | ﹤0.01% |
217,320
+4,540
| +2% | +$87.4K |
|
|
GATO
2785
DELISTED
Gatos Silver, Inc.
GATO
| $4.22M | ﹤0.01% |
502,431
+11,036
| +2% | +$73.4K |
|
2786
Quantum-Si Incorporated
QSI
$177M
| $4.2M | ﹤0.01% |
2,134,029
+10,577
| +0.5% | +$18.5K |
|
|
KG
2787
Kestrel Group
KG
$69M
| $4.2M | ﹤0.01% |
93,340
+1,770
| +2% | +$60.5K |
|
2788
Humacyte
HUMA
$194M
| $4.2M | ﹤0.01% |
1,350,538
+24,863
| +2% | +$83.6K |
|
2789
Pure Cycle
PCYO
$261M
| $4.2M | ﹤0.01% |
442,049
+34,884
| +9% | +$345K |
|
2790
Nerdy
NRDY
$96.7M
| $4.18M | ﹤0.01% |
1,436,425
+83,138
| +6% | +$256K |
|
2791
Jakks Pacific
JAKK
$293M
| $4.18M | ﹤0.01% |
169,198
+6,876
| +4% | +$208K |
|
2792
Evolution Petroleum
EPM
$131M
| $4.18M | ﹤0.01% |
679,894
-6,415
| -0.9% | -$36.8K |
|
2793
Plumas Bancorp
PLBC
$429M
| $4.17M | ﹤0.01% |
113,393
+2,925
| +3% | +$106K |
|
2794
Inogen
INGN
$164M
| $4.17M | ﹤0.01% |
516,771
+14,587
| +3% | +$103K |
|
2795
C4 Therapeutics
CCCC
$412M
| $4.17M | ﹤0.01% |
510,315
+28,027
| +6% | +$217K |
|
|
TTSH
2796
DELISTED
Tile Shop Holdings
TTSH
| $4.14M | ﹤0.01% |
589,549
+3,580
| +0.6% | +$24.1K |
|
2797
Granite Ridge Resources
GRNT
$644M
| $4.14M | ﹤0.01% |
637,143
+3,150
| +0.5% | +$18.5K |
|
2798
Rocky Brands
RCKY
$369M
| $4.14M | ﹤0.01% |
152,617
+2,102
| +1% | +$57.4K |
|
2799
Capital Bancorp
CBNK
$615M
| $4.14M | ﹤0.01% |
198,715
+2,674
| +1% | +$57.4K |
|
2800
The Joint Corp
JYNT
$119M
| $4.13M | ﹤0.01% |
315,965
+6,652
| +2% | +$68.8K |
|
Similar funds
Geode Capital Management's Q1 2024 Portfolio in Review
As of Q1 2024, Geode Capital Management held 4,738 positions worth $1.08T, up 13% from $956B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Geode Capital Management deployed $32.6B of net new capital in Q1 2024, opening 85 new positions and adding to 3,720 existing holdings. Its largest new stake was Solventum: 2,733,775 shares worth $0.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Amgen, an estimated $204M trimmed.
- Geode Capital Management's largest Q1 2024 buy was Solventum: 2,733,775 shares worth $0.
- Geode Capital Management added most to NVIDIA in Q1 2024, an estimated $1.81B increase.
- Geode Capital Management's biggest Q1 2024 reduction was Amgen, cutting an estimated $204M.
- Geode Capital Management fully exited Splunk Inc in Q1 2024, selling an estimated $373M.
- Geode Capital Management's ten largest holdings make up 28% of its $1.08T portfolio in Q1 2024.
- Geode Capital Management opened 85 new positions and closed 123 in Q1 2024.
- Geode Capital Management's portfolio value rose 13% quarter-over-quarter to $1.08T.
Based on Geode Capital Management's 13F filing for Q1 2024, filed 13 May 2024.