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 | |
|---|---|---|---|---|---|---|
|
LICY
3401
DELISTED
Li-Cycle Holdings Corp.
LICY
| $886K | ﹤0.01% |
189,444
+7,863
| +4% | +$89.3K |
|
3402
Heritage Global
HGBL
$36.5M
| $883K | ﹤0.01% |
317,549
+12,619
| +4% | +$37.2K |
|
3403
Loop Industries
LOOP
$35.3M
| $882K | ﹤0.01% |
233,322
+10,088
| +5% | +$35.3K |
|
3404
Calumet Specialty Products
CLMT
$3.69B
| $880K | ﹤0.01% |
49,250
| – | – |
|
|
CMRX
3405
DELISTED
Chimerix, Inc.
CMRX
| $879K | ﹤0.01% |
912,760
-2,657
| -0.3% | -$2.57K |
|
3406
Odyssey Marine Exploration
OMEX
$38.6M
| $870K | ﹤0.01% |
187,118
+10,758
| +6% | +$39.2K |
|
|
FIRY
3407
Firy Inc
FIRY
$144M
| $862K | ﹤0.01% |
138,179
+2,175
| +2% | +$12.2K |
|
3408
Vroom Inc
VRM
$37.2M
| $861K | ﹤0.01% |
17,864
+616
| +4% | +$40.2K |
|
3409
BGSF Inc
BGSF
$61.1M
| $857K | ﹤0.01% |
91,183
+4,296
| +5% | +$40.8K |
|
3410
Galectin Therapeutics
GALT
$200M
| $854K | ﹤0.01% |
514,416
+3,985
| +0.8% | +$7.73K |
|
3411
VEON
VEON
$3.68B
| $853K | ﹤0.01% |
43,284
-3,159
| -7% | -$58.6K |
|
|
KLRS
3412
Kalaris Therapeutics
KLRS
$96.4M
| $852K | ﹤0.01% |
54,489
+3,218
| +6% | +$127K |
|
|
CVAC
3413
DELISTED
CureVac
CVAC
| $850K | ﹤0.01% |
202,000
+2,670
| +1% | +$14.5K |
|
|
CYPH
3414
Cypherpunk Technologies Inc
CYPH
$67.8M
| $846K | ﹤0.01% |
203,960
+60,283
| +42% | +$130K |
|
|
HYZN
3415
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
| $845K | ﹤0.01% |
18,880
+694
| +4% | +$34.6K |
|
3416
Landmark Bancorp
LARK
$193M
| $843K | ﹤0.01% |
47,957
+3,342
| +7% | +$54.6K |
|
3417
Bridger Aerospace
BAER
$113M
| $842K | ﹤0.01% |
121,883
+88,204
| +262% | +$521K |
|
3418
Urban One Class A
UONE
$22.8M
| $842K | ﹤0.01% |
20,900
+1,898
| +10% | +$89K |
|
3419
Ohio Valley Banc Corp
OVBC
$201M
| $842K | ﹤0.01% |
36,606
| – | – |
|
3420
Genasys
GNSS
$78.3M
| $840K | ﹤0.01% |
413,492
+55,115
| +15% | +$97.7K |
|
|
PHX
3421
DELISTED
PHX Minerals
PHX
| $830K | ﹤0.01% |
257,834
+15,677
| +6% | +$53.8K |
|
|
ATYR
3422
aTyr Pharma
ATYR
$48.2M
| $828K | ﹤0.01% |
586,997
| – | – |
|
3423
Pagaya Technologies
PGY
$1.85B
| $825K | ﹤0.01% |
49,818
+16,799
| +51% | +$274K |
|
3424
Redwire
RDW
$2.3B
| $824K | ﹤0.01% |
289,165
+11,823
| +4% | +$32.3K |
|
3425
Personalis
PSNL
$1.41B
| $819K | ﹤0.01% |
389,709
+17,811
| +5% | +$23K |
|
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.