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 | |
|---|---|---|---|---|---|---|
|
LBPH
3101
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
| $2.02M | ﹤0.01% |
334,661
+2,972
| +0.9% | +$14.8K |
|
3102
Sportradar
SRAD
$3.82B
| $2.01M | ﹤0.01% |
182,047
+594
| +0.3% | +$5.83K |
|
3103
ESS Tech
GWH
$21.3M
| $2M | ﹤0.01% |
117,172
+13,935
| +13% | +$283K |
|
3104
Duluth Holdings
DLTH
$159M
| $1.99M | ﹤0.01% |
369,413
+38,003
| +11% | +$199K |
|
3105
Heritage Insurance Holdings
HRTG
$902M
| $1.98M | ﹤0.01% |
304,194
+120,689
| +66% | +$831K |
|
3106
LiveWire
LVWR
$291M
| $1.98M | ﹤0.01% |
175,225
+64,480
| +58% | +$632K |
|
3107
RCM Technologies
RCMT
$204M
| $1.96M | ﹤0.01% |
67,405
+521
| +0.8% | +$12.2K |
|
3108
Fresenius Medical Care
FMS
$12.9B
| $1.95M | ﹤0.01% |
93,838
| – | – |
|
3109
NI Holdings
NODK
$319M
| $1.95M | ﹤0.01% |
149,914
+1,324
| +0.9% | +$16.9K |
|
|
TGAN
3110
DELISTED
Transphorm, Inc. Common Stock
TGAN
| $1.94M | ﹤0.01% |
531,276
+59,990
| +13% | +$164K |
|
|
APLT
3111
DELISTED
Applied Therapeutics
APLT
| $1.94M | ﹤0.01% |
577,671
+134,199
| +30% | +$334K |
|
3112
loanDepot
LDI
$569M
| $1.94M | ﹤0.01% |
549,661
+30,534
| +6% | +$57.4K |
|
3113
Puma Biotechnology
PBYI
$397M
| $1.92M | ﹤0.01% |
444,046
+18,531
| +4% | +$61.4K |
|
3114
INmune Bio
INMB
$50.8M
| $1.91M | ﹤0.01% |
170,040
+2,937
| +2% | +$24.6K |
|
|
DNMR
3115
DELISTED
Danimer Scientific, Inc.
DNMR
| $1.91M | ﹤0.01% |
46,912
+1,678
| +4% | +$91.2K |
|
3116
Pioneer Bancorp
PBFS
$431M
| $1.9M | ﹤0.01% |
189,424
+11,487
| +6% | +$100K |
|
|
PVBC
3117
DELISTED
Provident Bancorp
PVBC
| $1.89M | ﹤0.01% |
187,819
+9,265
| +5% | +$89.5K |
|
3118
Verastem
VSTM
$511M
| $1.89M | ﹤0.01% |
232,128
+12,213
| +6% | +$87.7K |
|
|
HSHP
3119
Himalaya Shipping
HSHP
$736M
| $1.89M | ﹤0.01% |
279,542
+178,666
| +177% | +$963K |
|
3120
QuickLogic
QUIK
$260M
| $1.89M | ﹤0.01% |
136,278
+4,782
| +4% | +$51.6K |
|
3121
Babcock & Wilcox
BW
$1.51B
| $1.89M | ﹤0.01% |
1,293,686
+39,532
| +3% | +$84.2K |
|
3122
Aemetis
AMTX
$114M
| $1.89M | ﹤0.01% |
360,150
+29,951
| +9% | +$142K |
|
|
OPTN
3123
DELISTED
OptiNose
OPTN
| $1.88M | ﹤0.01% |
97,290
+2,288
| +2% | +$41.8K |
|
3124
Western New England Bancorp
WNEB
$272M
| $1.88M | ﹤0.01% |
209,030
+6,726
| +3% | +$51.3K |
|
|
TIO
3125
DELISTED
Tingo Group, Inc. Common Stock
TIO
| $1.88M | ﹤0.01% |
2,722,396
+65,894
| +2% | +$53K |
|
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.