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 | |
|---|---|---|---|---|---|---|
|
SWKH
3226
DELISTED
SWK Holdings
SWKH
| $1.48M | ﹤0.01% |
107,281
+8,473
| +9% | +$114K |
|
|
ZOM
3227
DELISTED
Zomedica Corp.
ZOM
| $1.48M | ﹤0.01% |
10,120,991
| – | – |
|
3228
VistaGen Therapeutics
VTGN
$12.8M
| $1.48M | ﹤0.01% |
279,482
+5,010
| +2% | +$24.1K |
|
|
ALIM
3229
DELISTED
Alimera Sciences
ALIM
| $1.48M | ﹤0.01% |
378,237
+46,260
| +14% | +$176K |
|
3230
Babcock & Wilcox
BW
$1.39B
| $1.47M | ﹤0.01% |
1,304,732
+11,046
| +0.9% | +$13.7K |
|
3231
Consumer Portfolio Services
CPSS
$206M
| $1.47M | ﹤0.01% |
193,820
+7,892
| +4% | +$67.3K |
|
3232
Radware
RDWR
$1.19B
| $1.46M | ﹤0.01% |
78,044
+1,763
| +2% | +$32K |
|
3233
Everspin Technologies
MRAM
$405M
| $1.45M | ﹤0.01% |
183,137
+6,501
| +4% | +$55.4K |
|
3234
Pyxis Oncology
PYXS
$236M
| $1.45M | ﹤0.01% |
340,121
+31,880
| +10% | +$134K |
|
3235
PrimeEnergy Resources
PNRG
$298M
| $1.45M | ﹤0.01% |
14,450
+858
| +6% | +$84.9K |
|
|
FONR
3236
DELISTED
Fonar
FONR
| $1.44M | ﹤0.01% |
67,200
+2,793
| +4% | +$58.7K |
|
|
GHLD
3237
DELISTED
Guild Holdings
GHLD
| $1.42M | ﹤0.01% |
95,922
-1,721
| -2% | -$24.5K |
|
|
MOMO
3238
Hello Group
MOMO
$866M
| $1.41M | ﹤0.01% |
227,380
+2,152
| +1% | +$13.7K |
|
3239
First Northwest Bancorp
FNWB
$104M
| $1.4M | ﹤0.01% |
89,582
| – | – |
|
3240
Better Home & Finance Holding
BETR
$292M
| $1.4M | ﹤0.01% |
56,261
+5,589
| +11% | +$157K |
|
3241
Medallion Financial
MFIN
$250M
| $1.39M | ﹤0.01% |
176,059
-5,326
| -3% | -$47.9K |
|
3242
Ispire Technology
ISPR
$98.2M
| $1.38M | ﹤0.01% |
225,317
+3,983
| +2% | +$40.1K |
|
3243
Pixelworks
PXLW
$41.6M
| $1.38M | ﹤0.01% |
44,560
+3,072
| +7% | +$81.5K |
|
3244
Inter&Co
INTR
$2.33B
| $1.38M | ﹤0.01% |
241,397
+16,841
| +7% | +$92.3K |
|
3245
CSP Inc
CSPI
$82.1M
| $1.37M | ﹤0.01% |
73,964
+7,248
| +11% | +$116K |
|
|
ORGN
3246
DELISTED
Origin Materials
ORGN
| $1.37M | ﹤0.01% |
89,215
| – | – |
|
3247
Neuronetics
STIM
$166M
| $1.36M | ﹤0.01% |
286,644
+21,040
| +8% | +$73.9K |
|
3248
First United
FUNC
$289M
| $1.36M | ﹤0.01% |
59,442
+5,077
| +9% | +$113K |
|
3249
Galectin Therapeutics
GALT
$348M
| $1.36M | ﹤0.01% |
567,161
+52,745
| +10% | +$99.8K |
|
3250
ESS Tech
GWH
$18.9M
| $1.35M | ﹤0.01% |
124,403
+7,231
| +6% | +$98.5K |
|
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.