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 | |
|---|---|---|---|---|---|---|
3176
IBEX
IBEX
$499M
| $1.71M | ﹤0.01% |
110,750
+298
| +0.3% | +$4.88K |
|
3177
DLH Holdings
DLHC
$69.9M
| $1.7M | ﹤0.01% |
127,935
+9,175
| +8% | +$142K |
|
|
TCN
3178
DELISTED
Tricon Residential Inc.
TCN
| $1.7M | ﹤0.01% |
151,642
+6,065
| +4% | +$64.7K |
|
3179
Criteo S.A. Ordinary Shares
CRTO
$923M
| $1.69M | ﹤0.01% |
48,273
+208
| +0.4% | +$6.23K |
|
3180
Werewolf Therapeutics
HOWL
$19.3M
| $1.68M | ﹤0.01% |
259,680
+65,372
| +34% | +$381K |
|
3181
Getty Images
GETY
$183M
| $1.68M | ﹤0.01% |
405,439
+4,593
| +1% | +$21.3K |
|
3182
CPI Card Group
PMTS
$320M
| $1.68M | ﹤0.01% |
93,916
+160
| +0.2% | +$2.91K |
|
3183
374Water
SCWO
$37.6M
| $1.67M | ﹤0.01% |
132,876
+5,219
| +4% | +$67.2K |
|
3184
LiveOne
LVO
$58.2M
| $1.67M | ﹤0.01% |
85,666
+5,771
| +7% | +$91.7K |
|
3185
Scilex Holding
SCLX
$48.9M
| $1.67M | ﹤0.01% |
29,955
+1,304
| +5% | +$76K |
|
3186
Stereotaxis
STXS
$141M
| $1.66M | ﹤0.01% |
637,125
+27,766
| +5% | +$66K |
|
3187
LivePerson
LPSN
$32.3M
| $1.66M | ﹤0.01% |
110,774
+2,272
| +2% | +$78.1K |
|
3188
Seres Therapeutics
MCRB
$48.9M
| $1.65M | ﹤0.01% |
106,632
+1,930
| +2% | +$41.6K |
|
3189
Cartesian Therapeutics
RNAC
$268M
| $1.65M | ﹤0.01% |
83,298
+2,026
| +2% | +$43K |
|
3190
CytomX Therapeutics
CTMX
$754M
| $1.64M | ﹤0.01% |
753,398
+50,744
| +7% | +$93.7K |
|
3191
Alvotech
ALVO
$1.29B
| $1.63M | ﹤0.01% |
132,996
+68,331
| +106% | +$1M |
|
3192
Arteris
AIP
$1.38B
| $1.61M | ﹤0.01% |
220,463
+9,895
| +5% | +$63.8K |
|
3193
SKYX Platforms
SKYX
$164M
| $1.61M | ﹤0.01% |
1,229,781
+56,365
| +5% | +$81.2K |
|
|
LICY
3194
DELISTED
Li-Cycle Holdings Corp.
LICY
| $1.61M | ﹤0.01% |
195,292
+5,848
| +3% | +$26.3K |
|
3195
Flexsteel Industries
FLXS
$311M
| $1.61M | ﹤0.01% |
43,116
-127
| -0.3% | -$3.87K |
|
3196
Perma-Fix Environmental Services
PESI
$383M
| $1.61M | ﹤0.01% |
135,076
+1,352
| +1% | +$11.7K |
|
3197
Western New England Bancorp
WNEB
$275M
| $1.6M | ﹤0.01% |
209,030
| – | – |
|
|
LNKB
3198
DELISTED
LINKBANCORP
LNKB
| $1.6M | ﹤0.01% |
230,787
+20,783
| +10% | +$150K |
|
3199
Empire Petroleum
EP
$111M
| $1.6M | ﹤0.01% |
313,281
+10,007
| +3% | +$64K |
|
3200
Mama's Creations
MAMA
$833M
| $1.6M | ﹤0.01% |
319,782
-475
| -0.1% | -$2.25K |
|
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.