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 | |
|---|---|---|---|---|---|---|
2926
Solid Biosciences
SLDB
$900M
| $3.17M | ﹤0.01% |
237,673
+144,172
| +154% | +$1.35M |
|
2927
inTEST
INTT
$177M
| $3.16M | ﹤0.01% |
238,611
+4,679
| +2% | +$55.4K |
|
2928
Children's Place
PLCE
$59.8M
| $3.16M | ﹤0.01% |
273,866
+5,701
| +2% | +$108K |
|
2929
The Honest Company
HNST
$586M
| $3.16M | ﹤0.01% |
779,658
+33,508
| +4% | +$113K |
|
2930
LifeMD
LFMD
$172M
| $3.13M | ﹤0.01% |
304,087
+12,008
| +4% | +$88.8K |
|
2931
Atlanticus Holdings
ATLC
$1.52B
| $3.12M | ﹤0.01% |
105,386
+1,616
| +2% | +$53.5K |
|
2932
Chemung Financial Corp
CHMG
$392M
| $3.11M | ﹤0.01% |
73,306
+2,379
| +3% | +$107K |
|
2933
J. Jill
JILL
$283M
| $3.11M | ﹤0.01% |
97,221
+1,249
| +1% | +$31.7K |
|
2934
Lexeo Therapeutics
LXEO
$378M
| $3.1M | ﹤0.01% |
197,799
+97,378
| +97% | +$1.52M |
|
2935
Trevi Therapeutics
TRVI
$2.64B
| $3.1M | ﹤0.01% |
897,965
+48,084
| +6% | +$107K |
|
|
TEAD
2936
Teads Holding Co
TEAD
$67.7M
| $3.09M | ﹤0.01% |
783,068
+15,651
| +2% | +$62.6K |
|
2937
Sight Sciences
SGHT
$412M
| $3.07M | ﹤0.01% |
581,371
+16,280
| +3% | +$76.5K |
|
2938
Virginia National Bankshares
VABK
$260M
| $3.05M | ﹤0.01% |
101,481
+1,224
| +1% | +$38.8K |
|
2939
Dakota Gold
DC
$804M
| $3.05M | ﹤0.01% |
1,288,426
+151,092
| +13% | +$327K |
|
2940
HF Foods Group
HFFG
$83.4M
| $3.05M | ﹤0.01% |
871,185
+3,650
| +0.4% | +$16K |
|
2941
Amylyx Pharmaceuticals
AMLX
$2.54B
| $3.03M | ﹤0.01% |
1,066,245
+35,529
| +3% | +$465K |
|
2942
EVI Industries
EVI
$180M
| $3.02M | ﹤0.01% |
121,223
+16,018
| +15% | +$352K |
|
2943
Foghorn Therapeutics
FHTX
$360M
| $3.01M | ﹤0.01% |
448,411
+61
| +0% | +$339 |
|
2944
eGain
EGAN
$201M
| $3M | ﹤0.01% |
465,348
+7,124
| +2% | +$48.9K |
|
2945
Aveanna Healthcare
AVAH
$2.07B
| $3M | ﹤0.01% |
1,203,586
+16,404
| +1% | +$39.6K |
|
2946
Millicom
TIGO
$16.3B
| $2.99M | ﹤0.01% |
147,762
+650
| +0.4% | +$11.5K |
|
2947
Hallador Energy
HNRG
$696M
| $2.98M | ﹤0.01% |
559,367
+25,957
| +5% | +$200K |
|
2948
Core Molding Technologies
CMT
$234M
| $2.98M | ﹤0.01% |
157,357
+1,671
| +1% | +$29.9K |
|
2949
Senseonics Holdings Inc
SENS
$366M
| $2.98M | ﹤0.01% |
280,360
+10,250
| +4% | +$119K |
|
|
TBRG
2950
DELISTED
TruBridge
TBRG
| $2.98M | ﹤0.01% |
322,904
+3,056
| +1% | +$29.6K |
|
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.