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 | |
|---|---|---|---|---|---|---|
2951
Viemed Healthcare
VMD
$377M
| $2.98M | ﹤0.01% |
379,956
+12,330
| +3% | +$89.5K |
|
2952
Vitamin Cottage Natural Grocers
NGVC
$750M
| $2.98M | ﹤0.01% |
186,345
+11,652
| +7% | +$170K |
|
2953
Dakota Gold
DC
$672M
| $2.98M | ﹤0.01% |
1,137,334
+99,571
| +10% | +$267K |
|
|
XOMA
2954
DELISTED
Xoma
XOMA
| $2.98M | ﹤0.01% |
160,936
+4,205
| +3% | +$69.2K |
|
2955
TaskUs
TASK
$599M
| $2.98M | ﹤0.01% |
227,723
-28,484
| -11% | -$316K |
|
2956
Lands' End
LE
$395M
| $2.98M | ﹤0.01% |
311,269
+14,224
| +5% | +$106K |
|
2957
The Joint Corp
JYNT
$118M
| $2.97M | ﹤0.01% |
309,313
+17,564
| +6% | +$152K |
|
2958
Eos Energy Enterprises
EOSE
$1.57B
| $2.97M | ﹤0.01% |
2,723,217
+407,796
| +18% | +$594K |
|
|
TSP
2959
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $2.96M | ﹤0.01% |
3,370,248
+172,468
| +5% | +$176K |
|
2960
Mistras Group
MG
$507M
| $2.95M | ﹤0.01% |
403,001
+8,878
| +2% | +$54.5K |
|
2961
Larimar Therapeutics
LRMR
$427M
| $2.95M | ﹤0.01% |
647,718
+31,412
| +5% | +$106K |
|
2962
MoonLake Immunotherapeutics
MLTX
$1.53B
| $2.95M | ﹤0.01% |
48,774
+4,966
| +11% | +$256K |
|
2963
The ONE Group
STKS
$55.2M
| $2.94M | ﹤0.01% |
480,166
+14,706
| +3% | +$72.9K |
|
|
NREF
2964
NexPoint Real Estate Finance
NREF
$324M
| $2.94M | ﹤0.01% |
186,534
+5,912
| +3% | +$91.6K |
|
2965
Seres Therapeutics
MCRB
$50.8M
| $2.93M | ﹤0.01% |
104,702
+5,324
| +5% | +$140K |
|
2966
Groupon
GRPN
$1.04B
| $2.93M | ﹤0.01% |
228,055
+4,108
| +2% | +$49.3K |
|
2967
Sight Sciences
SGHT
$307M
| $2.92M | ﹤0.01% |
565,091
+34,793
| +7% | +$107K |
|
|
FSP
2968
Franklin Street Properties
FSP
$48.4M
| $2.9M | ﹤0.01% |
1,132,981
+36,850
| +3% | +$79.4K |
|
|
SHCO
2969
DELISTED
Soho House & Co
SHCO
| $2.9M | ﹤0.01% |
406,926
+15,477
| +4% | +$109K |
|
2970
Actinium Pharmaceuticals
ATNM
$25.4M
| $2.89M | ﹤0.01% |
569,549
+27,110
| +5% | +$140K |
|
2971
Foghorn Therapeutics
FHTX
$285M
| $2.89M | ﹤0.01% |
448,350
+22,268
| +5% | +$96.1K |
|
|
LLAP
2972
DELISTED
Terran Orbital Corporation
LLAP
| $2.89M | ﹤0.01% |
2,532,580
+768,293
| +44% | +$642K |
|
2973
Core Molding Technologies
CMT
$210M
| $2.89M | ﹤0.01% |
155,686
+7,054
| +5% | +$154K |
|
2974
McEwen Inc
MUX
$1.12B
| $2.87M | ﹤0.01% |
398,067
+13,240
| +3% | +$95.8K |
|
2975
Willis Lease Finance
WLFC
$1.69B
| $2.87M | ﹤0.01% |
176,154
+1,875
| +1% | +$27.9K |
|
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.