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 | |
|---|---|---|---|---|---|---|
3351
Priority Technology Holdings
PRTH
$444M
| $1.03M | ﹤0.01% |
313,759
+485
| +0.2% | +$1.62K |
|
|
ACR
3352
ACRES Commercial Realty
ACR
$108M
| $1.02M | ﹤0.01% |
72,363
+3,226
| +5% | +$34.3K |
|
3353
Ericsson
ERIC
$33.3B
| $1.02M | ﹤0.01% |
184,390
| – | – |
|
3354
Lifeway Foods
LWAY
$481M
| $1.01M | ﹤0.01% |
58,712
-2,115
| -3% | -$27.1K |
|
|
RPT
3355
Rithm Property Trust
RPT
$93.7M
| $1.01M | ﹤0.01% |
44,327
+2,788
| +7% | +$78.3K |
|
3356
BV Financial
BVFL
$186M
| $1.01M | ﹤0.01% |
97,312
+2,850
| +3% | +$36.4K |
|
|
CHMI
3357
Cherry Hill Mortgage Investment Corp
CHMI
$88.5M
| $1M | ﹤0.01% |
283,594
-3,998
| -1% | -$14.6K |
|
3358
Anixa Biosciences
ANIX
$116M
| $999K | ﹤0.01% |
320,148
+7,676
| +2% | +$30.6K |
|
|
GIFI
3359
DELISTED
Gulf Island Fabrication
GIFI
| $998K | ﹤0.01% |
135,728
+14,101
| +12% | +$73.7K |
|
3360
Genasys
GNSS
$79.2M
| $996K | ﹤0.01% |
420,193
+6,701
| +2% | +$12.3K |
|
3361
Upland Software
UPLD
$15.4M
| $994K | ﹤0.01% |
32,158
+94
| +0.3% | +$3.41K |
|
3362
First Capital
FCAP
$214M
| $985K | ﹤0.01% |
33,942
+189
| +0.6% | +$5.34K |
|
|
CLSD
3363
DELISTED
Clearside Biomedical
CLSD
| $983K | ﹤0.01% |
42,814
+10,101
| +31% | +$218K |
|
|
ARC
3364
DELISTED
ARC Document Solutions, Inc.
ARC
| $983K | ﹤0.01% |
354,651
+9,515
| +3% | +$26.9K |
|
3365
Ohio Valley Banc Corp
OVBC
$205M
| $978K | ﹤0.01% |
39,974
+3,368
| +9% | +$81.2K |
|
|
UBFO
3366
DELISTED
United Security Bancshares
UBFO
| $970K | ﹤0.01% |
125,799
+4,734
| +4% | +$36.2K |
|
|
FSFG
3367
DELISTED
First Savings Financial Group
FSFG
| $969K | ﹤0.01% |
57,822
+13,720
| +31% | +$234K |
|
3368
Riverview Bancorp
RVSB
$108M
| $968K | ﹤0.01% |
205,058
+14,008
| +7% | +$72.7K |
|
|
GOCO
3369
DELISTED
GoHealth
GOCO
| $967K | ﹤0.01% |
91,980
+1,170
| +1% | +$14.5K |
|
|
FIRY
3370
Firy Inc
FIRY
$163M
| $967K | ﹤0.01% |
148,922
+10,743
| +8% | +$65.9K |
|
|
CWBC
3371
DELISTED
Community West BanCshares
CWBC
| $962K | ﹤0.01% |
62,121
+3,395
| +6% | +$51.7K |
|
|
KLRS
3372
Kalaris Therapeutics
KLRS
$96.8M
| $962K | ﹤0.01% |
55,388
+899
| +2% | +$14.7K |
|
3373
Rallybio
RLYB
$85.8M
| $961K | ﹤0.01% |
64,956
+1,798
| +3% | +$25.1K |
|
3374
UNIFI
UFI
$134M
| $961K | ﹤0.01% |
160,464
| – | – |
|
3375
BGSF Inc
BGSF
$60M
| $960K | ﹤0.01% |
92,174
+991
| +1% | +$9.86K |
|
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.