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 | |
|---|---|---|---|---|---|---|
3026
Fennec Pharmaceuticals
FENC
$351M
| $2.45M | ﹤0.01% |
218,590
+12,391
| +6% | +$103K |
|
3027
The RealReal
REAL
$1.53B
| $2.45M | ﹤0.01% |
1,219,378
+37,274
| +3% | +$72.6K |
|
3028
Cadiz
CDZI
$267M
| $2.44M | ﹤0.01% |
872,832
+38,031
| +5% | +$115K |
|
3029
NET Power
NPWR
$136M
| $2.44M | ﹤0.01% |
241,679
+9,382
| +4% | +$113K |
|
3030
Hyliion Holdings
HYLN
$729M
| $2.43M | ﹤0.01% |
2,989,913
+127,992
| +4% | +$90.9K |
|
|
AKYA
3031
DELISTED
Akoya BioSciences
AKYA
| $2.43M | ﹤0.01% |
498,175
+32,094
| +7% | +$133K |
|
3032
LifeMD
LFMD
$189M
| $2.42M | ﹤0.01% |
292,079
+29,351
| +11% | +$211K |
|
3033
ReNew
RNW
$2.29B
| $2.42M | ﹤0.01% |
315,999
-18,024
| -5% | -$111K |
|
3034
Maui Land & Pineapple Co
MLP
$352M
| $2.42M | ﹤0.01% |
152,026
+5,003
| +3% | +$73.8K |
|
|
MPX
3035
DELISTED
Marine Products Corp
MPX
| $2.42M | ﹤0.01% |
211,821
+16,293
| +8% | +$184K |
|
3036
Alliance Resource Partners
ARLP
$3.31B
| $2.41M | ﹤0.01% |
113,784
+4,442
| +4% | +$96.2K |
|
3037
Latham Group
SWIM
$669M
| $2.39M | ﹤0.01% |
908,421
+45,749
| +5% | +$113K |
|
3038
Petrobras
PBR
$121B
| $2.39M | ﹤0.01% |
149,348
| – | – |
|
3039
TORM
TRMD
$3.01B
| $2.36M | ﹤0.01% |
77,521
+252
| +0.3% | +$7.43K |
|
3040
X4 Pharmaceuticals
XFOR
$405M
| $2.35M | ﹤0.01% |
93,415
+5,318
| +6% | +$129K |
|
3041
Biote Corp
BTMD
$68.9M
| $2.33M | ﹤0.01% |
472,190
+143,394
| +44% | +$739K |
|
3042
Angi Inc
ANGI
$251M
| $2.33M | ﹤0.01% |
93,614
+9,421
| +11% | +$192K |
|
|
BCOV
3043
DELISTED
Brightcove, Inc.
BCOV
| $2.33M | ﹤0.01% |
898,347
+32,015
| +4% | +$85.9K |
|
3044
Viper Energy
VNOM
$8.27B
| $2.32M | ﹤0.01% |
73,988
+10,469
| +16% | +$311K |
|
3045
Telos
TLS
$365M
| $2.32M | ﹤0.01% |
634,531
+32,356
| +5% | +$107K |
|
3046
Contango Silver & Gold Inc
CTGO
$561M
| $2.31M | ﹤0.01% |
127,623
+50,592
| +66% | +$970K |
|
3047
Alto Ingredients
ALTO
$410M
| $2.31M | ﹤0.01% |
867,972
+55,811
| +7% | +$178K |
|
3048
TELA Bio
TELA
$40.6M
| $2.3M | ﹤0.01% |
346,662
+11,517
| +3% | +$66.6K |
|
|
QIPT
3049
DELISTED
Quipt Home Medical
QIPT
| $2.3M | ﹤0.01% |
450,911
+9,899
| +2% | +$47.4K |
|
3050
Invivyd
IVVD
$169M
| $2.29M | ﹤0.01% |
581,090
+37,430
| +7% | +$70.8K |
|
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.