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 | |
|---|---|---|---|---|---|---|
3351
Beam Global
BEEM
$23.3M
| $1.01M | ﹤0.01% |
142,469
+12,513
| +10% | +$78.4K |
|
|
FNCB
3352
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.01M | ﹤0.01% |
148,669
+7,562
| +5% | +$46.1K |
|
3353
Quest Resource Holding
QRHC
$26.8M
| $1.01M | ﹤0.01% |
137,609
+5,780
| +4% | +$41.5K |
|
3354
Relmada Therapeutics
RLMD
$557M
| $1.01M | ﹤0.01% |
243,413
+3,509
| +1% | +$10.4K |
|
3355
Friedman Industries
FRD
$240M
| $1.01M | ﹤0.01% |
65,005
+3,442
| +6% | +$42.7K |
|
3356
5E Advanced Materials
FEAM
$45.7M
| $1M | ﹤0.01% |
30,985
+720
| +2% | +$35.1K |
|
|
HMNF
3357
DELISTED
HMN Financial Inc
HMNF
| $1M | ﹤0.01% |
43,548
+3,033
| +7% | +$59.4K |
|
3358
FinWise Bancorp
FINW
$188M
| $1M | ﹤0.01% |
69,987
+3,418
| +5% | +$36.4K |
|
3359
Aquestive Therapeutics
AQST
$464M
| $1,000K | ﹤0.01% |
494,902
+38,337
| +8% | +$67.7K |
|
3360
FTC Solar
FTCI
$44M
| $1,000K | ﹤0.01% |
144,273
+15,609
| +12% | +$142K |
|
3361
Eton Pharmaceutcials
ETON
$1.27B
| $996K | ﹤0.01% |
227,256
+9,627
| +4% | +$38.6K |
|
3362
Blue Ridge Bankshares
BRBS
$315M
| $994K | ﹤0.01% |
327,883
+11,604
| +4% | +$35.5K |
|
3363
Black Diamond Therapeutics
BDTX
$96.8M
| $985K | ﹤0.01% |
350,446
+26,155
| +8% | +$61.4K |
|
3364
Atossa Therapeutics
ATOS
$20.6M
| $981K | ﹤0.01% |
74,328
+823
| +1% | +$8.88K |
|
3365
Cognyte Software
CGNT
$659M
| $976K | ﹤0.01% |
151,813
-10,592
| -7% | -$52.9K |
|
|
LFT
3366
Lument Finance Trust
LFT
$34.6M
| $976K | ﹤0.01% |
418,784
+28,010
| +7% | +$58.4K |
|
3367
AXT Inc
AXTI
$3.95B
| $975K | ﹤0.01% |
406,304
+15,211
| +4% | +$34K |
|
3368
Vale
VALE
$64.1B
| $969K | ﹤0.01% |
61,127
-4,477
| -7% | -$64.2K |
|
3369
Urban One Class D
UONEK
$22.8M
| $966K | ﹤0.01% |
27,377
+119
| +0.4% | +$5.44K |
|
3370
CB Financial Services
CBFV
$186M
| $966K | ﹤0.01% |
40,525
| – | – |
|
3371
AstroNova
ALOT
$225M
| $961K | ﹤0.01% |
59,057
+3,401
| +6% | +$47.2K |
|
3372
OR Royalties Inc
OR
$5.58B
| $960K | ﹤0.01% |
67,247
-696
| -1% | -$9.12K |
|
3373
First National Corp
FXNC
$287M
| $960K | ﹤0.01% |
44,124
+2,821
| +7% | +$53.9K |
|
3374
Myomo
MYO
$39M
| $958K | ﹤0.01% |
191,208
+87,838
| +85% | +$234K |
|
3375
STRATTEC Security
STRT
$367M
| $954K | ﹤0.01% |
37,995
+1,574
| +4% | +$36.3K |
|
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.