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 | |
|---|---|---|---|---|---|---|
3126
SKYX Platforms
SKYX
$152M
| $1.88M | ﹤0.01% |
1,173,416
+15,083
| +1% | +$23.5K |
|
3127
DLH Holdings
DLHC
$71.3M
| $1.87M | ﹤0.01% |
118,760
+5,611
| +5% | +$78.8K |
|
3128
KORU Medical Systems
KRMD
$197M
| $1.87M | ﹤0.01% |
761,484
+24,602
| +3% | +$58.6K |
|
3129
NN Inc
NNBR
$295M
| $1.87M | ﹤0.01% |
467,312
+21,278
| +5% | +$50.6K |
|
|
CCRD
3130
DELISTED
CoreCard
CCRD
| $1.86M | ﹤0.01% |
134,398
+4,705
| +4% | +$78.7K |
|
3131
Motorcar Parts of America
MPAA
$255M
| $1.86M | ﹤0.01% |
198,962
+5,902
| +3% | +$49.8K |
|
|
MITT
3132
TPG Mortgage Investment Trust
MITT
$226M
| $1.86M | ﹤0.01% |
292,481
+114,241
| +64% | +$620K |
|
|
GAMB
3133
DELISTED
Gambling.com
GAMB
| $1.84M | ﹤0.01% |
188,312
+61,563
| +49% | +$716K |
|
3134
KVH Industries
KVHI
$182M
| $1.84M | ﹤0.01% |
348,882
+13,544
| +4% | +$66.2K |
|
3135
Enlight Renewable Energy
ENLT
$12.7B
| $1.83M | ﹤0.01% |
95,766
+271
| +0.3% | +$4.24K |
|
3136
Graham Corp
GHM
$1.24B
| $1.83M | ﹤0.01% |
96,351
+2,178
| +2% | +$37.9K |
|
3137
Identive
INVE
$65.1M
| $1.83M | ﹤0.01% |
221,717
+3,062
| +1% | +$21.6K |
|
|
GPGI
3138
GPGI Inc
GPGI
$4.55B
| $1.81M | ﹤0.01% |
404,355
+20,290
| +5% | +$94.7K |
|
3139
374Water
SCWO
$40.4M
| $1.81M | ﹤0.01% |
127,657
+8,388
| +7% | +$112K |
|
3140
Paysign
PAYS
$524M
| $1.81M | ﹤0.01% |
645,564
+21,911
| +4% | +$48.1K |
|
3141
CPI Card Group
PMTS
$257M
| $1.8M | ﹤0.01% |
93,756
+4,139
| +5% | +$70.1K |
|
3142
Lantronix
LTRX
$269M
| $1.8M | ﹤0.01% |
306,833
+22,264
| +8% | +$112K |
|
3143
Twin Disc
TWIN
$348M
| $1.8M | ﹤0.01% |
111,081
+11,445
| +11% | +$162K |
|
|
KYNB
3144
Kyntra Bio
KYNB
$28.3M
| $1.79M | ﹤0.01% |
80,731
+5,333
| +7% | +$80.4K |
|
3145
Medallion Financial
MFIN
$248M
| $1.79M | ﹤0.01% |
181,385
+8,297
| +5% | +$69K |
|
3146
Vor Biopharma
VOR
$1.2B
| $1.79M | ﹤0.01% |
39,703
+1,885
| +5% | +$77.8K |
|
3147
Standard BioTools
LAB
$330M
| $1.78M | ﹤0.01% |
806,042
+48,228
| +6% | +$103K |
|
|
GBIO
3148
DELISTED
Generation Bio
GBIO
| $1.78M | ﹤0.01% |
107,796
+6,619
| +7% | +$115K |
|
3149
Immunocore
IMCR
$1.67B
| $1.78M | ﹤0.01% |
26,029
+1,639
| +7% | +$85.2K |
|
|
MAGN
3150
Magnera Corp
MAGN
$487M
| $1.77M | ﹤0.01% |
70,247
+1,941
| +3% | +$40.9K |
|
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.