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 | |
|---|---|---|---|---|---|---|
|
NOTV
3051
DELISTED
Inotiv
NOTV
| $2.39M | ﹤0.01% |
218,230
+25,933
| +13% | +$155K |
|
3052
First Western Financial
MYFW
$306M
| $2.39M | ﹤0.01% |
163,613
+2,697
| +2% | +$42.5K |
|
3053
NN Inc
NNBR
$311M
| $2.38M | ﹤0.01% |
501,786
+34,474
| +7% | +$158K |
|
3054
QuickLogic
QUIK
$257M
| $2.38M | ﹤0.01% |
148,139
+11,861
| +9% | +$171K |
|
|
AY
3055
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.36M | ﹤0.01% |
127,866
+434
| +0.3% | +$8.18K |
|
|
LUNA
3056
DELISTED
Luna Innovations Incorporated
LUNA
| $2.35M | ﹤0.01% |
731,587
+13,900
| +2% | +$88.5K |
|
3057
Cardiff Oncology
CRDF
$77.2M
| $2.32M | ﹤0.01% |
434,833
+10,727
| +3% | +$28.5K |
|
3058
Orchestra BioMed
OBIO
$254M
| $2.32M | ﹤0.01% |
440,098
+14,349
| +3% | +$97.2K |
|
|
EEX
3059
DELISTED
Emerald Holding
EEX
| $2.32M | ﹤0.01% |
340,272
-5,986
| -2% | -$36.9K |
|
3060
PetMed Express
PETS
$42.3M
| $2.32M | ﹤0.01% |
483,347
+11,037
| +2% | +$64.2K |
|
|
VTNR
3061
DELISTED
Vertex Energy, Inc
VTNR
| $2.31M | ﹤0.01% |
1,652,345
+32,206
| +2% | +$51.4K |
|
3062
Aquestive Therapeutics
AQST
$494M
| $2.29M | ﹤0.01% |
538,456
+43,554
| +9% | +$145K |
|
|
OPTN
3063
DELISTED
OptiNose
OPTN
| $2.29M | ﹤0.01% |
104,711
+7,421
| +8% | +$165K |
|
3064
Alliance Resource Partners
ARLP
$3.17B
| $2.29M | ﹤0.01% |
114,304
+520
| +0.5% | +$10.6K |
|
|
SHCO
3065
DELISTED
Soho House & Co
SHCO
| $2.29M | ﹤0.01% |
403,445
-3,481
| -0.9% | -$21.1K |
|
|
PAMT
3066
PAMT Corp
PAMT
$297M
| $2.28M | ﹤0.01% |
140,509
+6,200
| +5% | +$116K |
|
|
CTV
3067
DELISTED
Innovid Corp.
CTV
| $2.28M | ﹤0.01% |
913,843
+49,875
| +6% | +$86.3K |
|
3068
Petrobras
PBR
$116B
| $2.27M | ﹤0.01% |
149,348
| – | – |
|
3069
Bitdeer Technologies
BTDR
$2.65B
| $2.27M | ﹤0.01% |
322,781
+283,273
| +717% | +$2.08M |
|
|
SGMO
3070
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.25M | ﹤0.01% |
3,363,791
+157,481
| +5% | +$114K |
|
3071
Kaltura
KLTR
$267M
| $2.25M | ﹤0.01% |
1,665,835
+114,015
| +7% | +$177K |
|
|
LYRA
3072
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $2.24M | ﹤0.01% |
7,189
+460
| +7% | +$123K |
|
3073
Dianthus Therapeutics
DNTH
$6.09B
| $2.23M | ﹤0.01% |
74,400
+29,221
| +65% | +$635K |
|
3074
Capricor Therapeutics
CAPR
$237M
| $2.23M | ﹤0.01% |
328,477
+12,279
| +4% | +$59.4K |
|
|
BRDG
3075
DELISTED
Bridge Investment Group
BRDG
| $2.23M | ﹤0.01% |
325,099
+6,793
| +2% | +$56.6K |
|
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.