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 | |
|---|---|---|---|---|---|---|
3401
American Battery Technology Co
ABAT
$356M
| $911K | ﹤0.01% |
520,179
+32,348
| +7% | +$82.7K |
|
3402
Ultralife
ULBI
$106M
| $909K | ﹤0.01% |
103,106
-4,104
| -4% | -$33.4K |
|
3403
STRATTEC Security
STRT
$361M
| $907K | ﹤0.01% |
38,206
+211
| +0.6% | +$5.13K |
|
|
GORV
3404
DELISTED
Lazydays
GORV
| $904K | ﹤0.01% |
7,474
+269
| +4% | +$37.4K |
|
3405
ICICI Bank
IBN
$108B
| $903K | ﹤0.01% |
34,179
-9,211
| -21% | -$230K |
|
|
PRPH
3406
DELISTED
ProPhase Labs
PRPH
| $896K | ﹤0.01% |
13,841
+100
| +0.7% | +$5.07K |
|
|
FUSN
3407
DELISTED
Fusion Pharmaceuticals Inc. Common Shares
FUSN
| $893K | ﹤0.01% |
41,907
+2,561
| +7% | +$30.6K |
|
3408
CEL-SCI Corp
CVM
$30.1M
| $887K | ﹤0.01% |
15,480
-467
| -3% | -$33K |
|
|
OCEA
3409
DELISTED
Ocean Biomedical, Inc. Common Stock
OCEA
| $884K | ﹤0.01% |
233,448
-5,624
| -2% | -$10.6K |
|
|
PHX
3410
DELISTED
PHX Minerals
PHX
| $879K | ﹤0.01% |
257,834
| – | – |
|
3411
Eton Pharmaceutcials
ETON
$1.22B
| $878K | ﹤0.01% |
234,167
+6,911
| +3% | +$30.2K |
|
3412
Zai Lab
ZLAB
$2.62B
| $876K | ﹤0.01% |
54,711
+260
| +0.5% | +$5.48K |
|
3413
Zevia
ZVIA
$111M
| $874K | ﹤0.01% |
746,487
+6,666
| +0.9% | +$10.3K |
|
3414
Innovative Solutions & Support
ISSC
$361M
| $871K | ﹤0.01% |
118,977
-1,212
| -1% | -$9.75K |
|
3415
American Resources Corp
AREC
$293M
| $871K | ﹤0.01% |
617,414
-6,092
| -1% | -$9.01K |
|
3416
Meridian
MRBK
$234M
| $866K | ﹤0.01% |
87,287
+3,856
| +5% | +$42.6K |
|
|
SCWX
3417
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $862K | ﹤0.01% |
128,304
+2,035
| +2% | +$13.8K |
|
3418
Rezolute
RZLT
$452M
| $860K | ﹤0.01% |
337,190
+74,541
| +28% | +$106K |
|
3419
BlackBerry
BB
$5.26B
| $856K | ﹤0.01% |
311,321
+3,105
| +1% | +$9.07K |
|
3420
Eagle Bancorp Montana
EBMT
$190M
| $856K | ﹤0.01% |
66,632
+6,544
| +11% | +$90.1K |
|
|
IMA
3421
ImageneBio Inc
IMA
$64.6M
| $848K | ﹤0.01% |
49,773
+5,659
| +13% | +$103K |
|
3422
Heritage Global
HGBL
$36.8M
| $846K | ﹤0.01% |
320,283
+2,734
| +0.9% | +$7.77K |
|
|
AC
3423
DELISTED
Associated Capital Group
AC
| $844K | ﹤0.01% |
25,784
| – | – |
|
3424
Landmark Bancorp
LARK
$195M
| $843K | ﹤0.01% |
48,175
+218
| +0.5% | +$3.94K |
|
3425
Annovis Bio
ANVS
$80M
| $843K | ﹤0.01% |
70,791
+2,015
| +3% | +$22K |
|
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.