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 | |
|---|---|---|---|---|---|---|
3376
Westwood Holdings Group
WHG
$182M
| $952K | ﹤0.01% |
75,717
+8,102
| +12% | +$85.8K |
|
3377
Finance of America Companies
FOA
$203M
| $951K | ﹤0.01% |
86,474
+491
| +0.6% | +$5.04K |
|
3378
Eagle Bancorp Montana
EBMT
$187M
| $949K | ﹤0.01% |
60,088
| – | – |
|
|
HOLI
3379
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $942K | ﹤0.01% |
35,748
+616
| +2% | +$13.8K |
|
|
DZSI
3380
DELISTED
DZS Inc. Common Stock
DZSI
| $933K | ﹤0.01% |
473,447
+10,149
| +2% | +$15.9K |
|
|
SCWX
3381
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $932K | ﹤0.01% |
126,269
+6,614
| +6% | +$39.8K |
|
3382
Acrivon Therapeutics
ACRV
$64.2M
| $931K | ﹤0.01% |
189,200
-359
| -0.2% | -$1.9K |
|
3383
American Resources Corp
AREC
$191M
| $929K | ﹤0.01% |
623,506
+11,501
| +2% | +$17.6K |
|
3384
FerroAtlántica
GSM
$594M
| $923K | ﹤0.01% |
141,766
+342
| +0.2% | +$1.81K |
|
3385
First Capital
FCAP
$212M
| $921K | ﹤0.01% |
33,753
+1,816
| +6% | +$47.5K |
|
|
RVPH
3386
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $921K | ﹤0.01% |
8,940
+380
| +4% | +$34.1K |
|
|
AC
3387
DELISTED
Associated Capital Group
AC
| $921K | ﹤0.01% |
25,784
+712
| +3% | +$24.4K |
|
|
MDV
3388
Modiv Industrial
MDV
$179M
| $921K | ﹤0.01% |
66,895
+4,757
| +8% | +$66.7K |
|
3389
TransAlta
TAC
$3.95B
| $917K | ﹤0.01% |
110,188
+18,667
| +20% | +$151K |
|
3390
NLI Holdings
NL
$281M
| $916K | ﹤0.01% |
163,316
+513
| +0.3% | +$2.57K |
|
|
TBNK
3391
DELISTED
Territorial Bancorp Inc.
TBNK
| $916K | ﹤0.01% |
82,144
+3,991
| +5% | +$34K |
|
3392
Hudbay
HBM
$10.1B
| $912K | ﹤0.01% |
165,765
+34,312
| +26% | +$161K |
|
3393
Wrap Technologies
WRAP
$103M
| $908K | ﹤0.01% |
292,910
+15,423
| +6% | +$35.1K |
|
3394
Structure Therapeutics
GPCR
$3.41B
| $905K | ﹤0.01% |
22,194
+14,403
| +185% | +$825K |
|
3395
Root
ROOT
$857M
| $904K | ﹤0.01% |
86,278
+5,114
| +6% | +$50.7K |
|
3396
Northern Technologies International Corp
NTIC
$76.2M
| $899K | ﹤0.01% |
76,322
+4,399
| +6% | +$52.2K |
|
|
CMLS
3397
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $898K | ﹤0.01% |
168,727
+7,261
| +4% | +$36.7K |
|
|
MKFG
3398
DELISTED
Markforged Holding Corporation
MKFG
| $897K | ﹤0.01% |
109,423
+6,582
| +6% | +$57.6K |
|
3399
Citizens Community Bancorp
CZWI
$212M
| $895K | ﹤0.01% |
76,367
+4,535
| +6% | +$45.9K |
|
3400
Immatics
IMTX
$1.18B
| $888K | ﹤0.01% |
84,307
-1,281
| -1% | -$11.8K |
|
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.