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 | |
|---|---|---|---|---|---|---|
2951
Biglari Holdings Class B
BH
$1.21B
| $2.97M | ﹤0.01% |
15,633
+497
| +3% | +$83.9K |
|
2952
Oppenheimer Holdings
OPY
$1.2B
| $2.96M | ﹤0.01% |
74,019
-1,661
| -2% | -$64.8K |
|
2953
Information Services Group
III
$251M
| $2.95M | ﹤0.01% |
730,424
+25,736
| +4% | +$112K |
|
2954
BlackSky Technology
BKSY
$1.19B
| $2.94M | ﹤0.01% |
270,639
+3,075
| +1% | +$33.8K |
|
2955
Verastem
VSTM
$610M
| $2.94M | ﹤0.01% |
248,952
+16,824
| +7% | +$194K |
|
|
PWOD
2956
DELISTED
Penns Woods Bancorp
PWOD
| $2.94M | ﹤0.01% |
151,237
+12,586
| +9% | +$254K |
|
2957
Sanara MedTech
SMTI
$313M
| $2.93M | ﹤0.01% |
79,295
+4,613
| +6% | +$172K |
|
2958
Taysha Gene Therapies
TSHA
$1.89B
| $2.93M | ﹤0.01% |
1,019,791
+34,370
| +3% | +$71.6K |
|
|
IAUX
2959
i-80 Gold Corp
IAUX
$1.4B
| $2.92M | ﹤0.01% |
2,179,966
+69,952
| +3% | +$101K |
|
2960
Waldencast
WALD
$178M
| $2.91M | ﹤0.01% |
448,432
-1,550
| -0.3% | -$11.9K |
|
2961
Foster
FSTR
$432M
| $2.91M | ﹤0.01% |
106,504
+7,026
| +7% | +$166K |
|
2962
NET Power
NPWR
$134M
| $2.9M | ﹤0.01% |
254,250
+12,571
| +5% | +$114K |
|
2963
Willis Lease Finance
WLFC
$1.29B
| $2.89M | ﹤0.01% |
174,753
-1,401
| -0.8% | -$22.6K |
|
2964
Ouster
OUST
$2.92B
| $2.89M | ﹤0.01% |
363,725
+19,667
| +6% | +$112K |
|
|
TSE
2965
DELISTED
Trinseo
TSE
| $2.87M | ﹤0.01% |
760,330
+10,508
| +1% | +$56.1K |
|
2966
Traeger
COOK
$172M
| $2.87M | ﹤0.01% |
22,684
+648
| +3% | +$73.8K |
|
2967
Escalade
ESCA
$311M
| $2.87M | ﹤0.01% |
208,565
+8,658
| +4% | +$140K |
|
2968
Tower Semiconductor
TSEM
$28.5B
| $2.87M | ﹤0.01% |
85,693
+1,778
| +2% | +$55.3K |
|
2969
Baytex Energy
BTE
$2.92B
| $2.86M | ﹤0.01% |
668,488
+337,418
| +102% | +$1.09M |
|
|
VXRT
2970
DELISTED
Vaxart
VXRT
| $2.85M | ﹤0.01% |
2,194,930
+232,897
| +12% | +$244K |
|
|
TGAN
2971
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $2.85M | ﹤0.01% |
580,941
+49,665
| +9% | +$236K |
|
2972
Townsquare Media
TSQ
$118M
| $2.84M | ﹤0.01% |
258,384
+13,632
| +6% | +$146K |
|
2973
Emergent Biosolutions
EBS
$248M
| $2.84M | ﹤0.01% |
1,121,195
+23,976
| +2% | +$54K |
|
2974
Adicet Bio
ACET
$74.7M
| $2.83M | ﹤0.01% |
75,310
+33,948
| +82% | +$1.4M |
|
|
TPIC
2975
DELISTED
TPI Composites
TPIC
| $2.83M | ﹤0.01% |
973,018
+71,432
| +8% | +$210K |
|
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.