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 | |
|---|---|---|---|---|---|---|
|
SFBC
3426
Sound Financial Bancorp
SFBC
$112M
| $817K | ﹤0.01% |
20,934
| – | – |
|
3427
Lifeway Foods
LWAY
$452M
| $816K | ﹤0.01% |
60,827
+12,699
| +26% | +$160K |
|
3428
Surf Air Mobility
SRFM
$87.1M
| $816K | ﹤0.01% |
75,143
| – | – |
|
3429
Flexsteel Industries
FLXS
$317M
| $815K | ﹤0.01% |
43,243
| – | – |
|
3430
Comscore
SCOR
$108M
| $814K | ﹤0.01% |
48,753
+3,784
| +8% | +$48.6K |
|
3431
Ascent Industries
ACNT
$140M
| $814K | ﹤0.01% |
85,134
| – | – |
|
|
LILM
3432
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
| $812K | ﹤0.01% |
688,148
+100,386
| +17% | +$91.4K |
|
3433
Apyx Medical
APYX
$176M
| $812K | ﹤0.01% |
309,817
+8,299
| +3% | +$20.1K |
|
|
CONX
3434
DELISTED
CONX Corp. Class A Common Stock
CONX
| $807K | ﹤0.01% |
76,472
-501
| -0.7% | -$5.28K |
|
|
WHWK
3435
Whitehawk Therapeutics
WHWK
$196M
| $800K | ﹤0.01% |
395,857
+29,079
| +8% | +$122K |
|
3436
Curis
CRIS
$10M
| $799K | ﹤0.01% |
3,134
+738
| +31% | +$118K |
|
3437
SCYNEXIS
SCYX
$50.3M
| $794K | ﹤0.01% |
44,489
+2,121
| +5% | +$31.1K |
|
|
NGM
3438
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $792K | ﹤0.01% |
921,610
+34,709
| +4% | +$30.5K |
|
3439
ZIM Integrated Shipping Services
ZIM
$3.14B
| $791K | ﹤0.01% |
80,095
+2,790
| +4% | +$23.4K |
|
|
TUP
3440
DELISTED
Tupperware Brands Corporation
TUP
| $783K | ﹤0.01% |
391,317
+8,220
| +2% | +$14.9K |
|
|
BNT
3441
Brookfield Wealth Solutions
BNT
$12B
| $781K | ﹤0.01% |
22,115
+3,122
| +16% | +$70.9K |
|
|
VLD
3442
DELISTED
Velo3D, Inc.
VLD
| $781K | ﹤0.01% |
56,116
+7,368
| +15% | +$284K |
|
|
CMAX
3443
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $779K | ﹤0.01% |
52,103
+414
| +0.8% | +$17.2K |
|
|
SCX
3444
DELISTED
The L.S. Starrett Company
SCX
| $779K | ﹤0.01% |
64,326
+4,178
| +7% | +$43.7K |
|
3445
Aqua Metals
AQMS
$8.82M
| $778K | ﹤0.01% |
5,117
+315
| +7% | +$56.1K |
|
3446
Finward Bancorp
FNWD
$195M
| $777K | ﹤0.01% |
31,067
+754
| +2% | +$16.1K |
|
3447
XBiotech
XBIT
$68M
| $771K | ﹤0.01% |
192,588
+9,850
| +5% | +$39.2K |
|
3448
Neuronetics
STIM
$150M
| $770K | ﹤0.01% |
265,604
+15,865
| +6% | +$25K |
|
3449
Lifetime Brands
LCUT
$195M
| $770K | ﹤0.01% |
114,739
| – | – |
|
|
ASXC
3450
DELISTED
Asensus Surgical, Inc.
ASXC
| $765K | ﹤0.01% |
2,399,429
+117,365
| +5% | +$30.3K |
|
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.