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 | |
|---|---|---|---|---|---|---|
2926
PDS Biotechnology
PDSB
$40.3M
| $3.15M | ﹤0.01% |
633,204
+31,844
| +5% | +$158K |
|
2927
Verrica Pharmaceuticals
VRCA
$92.9M
| $3.15M | ﹤0.01% |
42,968
+1,289
| +3% | +$53K |
|
2928
Ranger Energy Services
RNGR
$374M
| $3.14M | ﹤0.01% |
307,236
+17,714
| +6% | +$204K |
|
2929
Oppenheimer Holdings
OPY
$1.25B
| $3.13M | ﹤0.01% |
75,680
+1,851
| +3% | +$70.8K |
|
|
PWOD
2930
DELISTED
Penns Woods Bancorp
PWOD
| $3.12M | ﹤0.01% |
138,651
+6,111
| +5% | +$130K |
|
|
BGFV
2931
DELISTED
Big 5 Sporting Goods
BGFV
| $3.12M | ﹤0.01% |
491,534
+8,963
| +2% | +$57.6K |
|
|
BRDG
2932
DELISTED
Bridge Investment Group
BRDG
| $3.11M | ﹤0.01% |
318,306
+16,015
| +5% | +$130K |
|
2933
KLX Energy Services
KLXE
$43.3M
| $3.11M | ﹤0.01% |
276,194
+7,819
| +3% | +$79.1K |
|
2934
Compass Therapeutics
CMPX
$357M
| $3.11M | ﹤0.01% |
1,992,028
+99,707
| +5% | +$173K |
|
2935
Lufax Holding
LU
$1.33B
| $3.1M | ﹤0.01% |
1,016,194
+196,538
| +24% | +$732K |
|
2936
Tredegar Corp
TG
$268M
| $3.09M | ﹤0.01% |
571,172
+27,396
| +5% | +$135K |
|
2937
Senseonics Holdings Inc
SENS
$282M
| $3.08M | ﹤0.01% |
270,110
+23,394
| +9% | +$267K |
|
2938
Melco Resorts & Entertainment
MLCO
$2.17B
| $3.08M | ﹤0.01% |
346,902
+9,668
| +3% | +$78.8K |
|
2939
First Community Corp
FCCO
$323M
| $3.08M | ﹤0.01% |
142,846
+3,248
| +2% | +$59.4K |
|
2940
BRC Inc
BRCC
$123M
| $3.07M | ﹤0.01% |
846,858
+81,973
| +11% | +$282K |
|
2941
Sanara MedTech
SMTI
$313M
| $3.07M | ﹤0.01% |
74,682
+3,939
| +6% | +$126K |
|
|
QVCGA
2942
DELISTED
QVC Group Inc Series A
QVCGA
| $3.05M | ﹤0.01% |
69,666
+3,820
| +6% | +$131K |
|
|
TRML
2943
DELISTED
Tourmaline Bio
TRML
| $3.04M | ﹤0.01% |
116,029
+95,448
| +464% | +$1.91M |
|
2944
Kaltura
KLTR
$211M
| $3.03M | ﹤0.01% |
1,551,820
+44,705
| +3% | +$78.9K |
|
2945
Ardagh Metal Packaging
AMBP
$2.96B
| $3.02M | ﹤0.01% |
786,289
+21,478
| +3% | +$74.7K |
|
2946
Tenaya Therapeutics
TNYA
$161M
| $3.01M | ﹤0.01% |
928,763
+55,550
| +6% | +$120K |
|
2947
Rackspace Technology
RXT
$1.31B
| $3.01M | ﹤0.01% |
1,504,108
+37,470
| +3% | +$56.6K |
|
2948
Traeger
COOK
$191M
| $3.01M | ﹤0.01% |
22,036
+1,967
| +10% | +$254K |
|
2949
Sigma Lithium
SGML
$1.24B
| $3M | ﹤0.01% |
95,159
+248
| +0.3% | +$6.92K |
|
2950
BlackSky Technology
BKSY
$1.04B
| $3M | ﹤0.01% |
267,564
+16,319
| +6% | +$166K |
|
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.