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 | |
|---|---|---|---|---|---|---|
3276
Criteo S.A. Ordinary Shares
CRTO
$1.07B
| $1.22M | ﹤0.01% |
48,065
+144
| +0.3% | +$3.74K |
|
|
VRNA
3277
DELISTED
Verona Pharma
VRNA
| $1.21M | ﹤0.01% |
61,113
+8,624
| +16% | +$127K |
|
3278
Amprius Technologies
AMPX
$1.43B
| $1.21M | ﹤0.01% |
229,441
+28,772
| +14% | +$108K |
|
3279
Anixa Biosciences
ANIX
$116M
| $1.21M | ﹤0.01% |
312,472
+12,826
| +4% | +$43.3K |
|
3280
Sera Prognostics
SERA
$82.2M
| $1.21M | ﹤0.01% |
202,595
+24,305
| +14% | +$70.6K |
|
|
GOCO
3281
DELISTED
GoHealth
GOCO
| $1.21M | ﹤0.01% |
90,810
+1,365
| +2% | +$18.7K |
|
|
ALUR
3282
DELISTED
Allurion Technologies
ALUR
| $1.21M | ﹤0.01% |
12,944
+236
| +2% | +$24K |
|
|
AIOT
3283
PowerFleet Inc
AIOT
$548M
| $1.21M | ﹤0.01% |
353,843
+12,676
| +4% | +$28.3K |
|
|
FFNW
3284
DELISTED
First Financial Northwest, Inc
FFNW
| $1.21M | ﹤0.01% |
89,691
+4,308
| +5% | +$51.5K |
|
3285
Rallybio
RLYB
$84.6M
| $1.21M | ﹤0.01% |
63,158
+876
| +1% | +$21.4K |
|
3286
Neuropace
NPCE
$460M
| $1.2M | ﹤0.01% |
115,996
+5,787
| +5% | +$46.2K |
|
3287
P3 Health Partners
PIII
$33.3M
| $1.19M | ﹤0.01% |
16,921
+902
| +6% | +$62.2K |
|
3288
Byrna Technologies
BYRN
$111M
| $1.19M | ﹤0.01% |
186,297
+9,760
| +6% | +$47.7K |
|
3289
Lightspeed Commerce
LSPD
$1.33B
| $1.19M | ﹤0.01% |
56,675
+5,601
| +11% | +$88.6K |
|
3290
Union Bankshares
UNB
$109M
| $1.18M | ﹤0.01% |
38,529
+2,417
| +7% | +$66.2K |
|
|
WMPN
3291
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.18M | ﹤0.01% |
96,538
-8,679
| -8% | -$106K |
|
3292
Oportun Financial
OPRT
$267M
| $1.18M | ﹤0.01% |
301,355
+7,346
| +2% | +$31.4K |
|
|
EGRX
3293
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.18M | ﹤0.01% |
225,295
+5,451
| +2% | +$53.8K |
|
3294
Citizens
CIA
$236M
| $1.17M | ﹤0.01% |
435,371
+18,592
| +4% | +$57.5K |
|
3295
Outlook Therapeutics
OTLK
$171M
| $1.17M | ﹤0.01% |
148,517
+9,343
| +7% | +$79K |
|
3296
Stratasys
SSYS
$706M
| $1.17M | ﹤0.01% |
81,777
+6,888
| +9% | +$80.6K |
|
|
CHMI
3297
Cherry Hill Mortgage Investment Corp
CHMI
$85.2M
| $1.16M | ﹤0.01% |
287,592
+13,293
| +5% | +$48.2K |
|
3298
Ericsson
ERIC
$33.1B
| $1.16M | ﹤0.01% |
184,390
| – | – |
|
3299
Meridian
MRBK
$236M
| $1.16M | ﹤0.01% |
83,431
+1,205
| +1% | +$14K |
|
3300
Saga Communications
SGA
$59.2M
| $1.16M | ﹤0.01% |
52,069
+3,881
| +8% | +$81.6K |
|
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.