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 | |
|---|---|---|---|---|---|---|
|
SFBC
3426
Sound Financial Bancorp
SFBC
$111M
| $841K | ﹤0.01% |
20,934
| – | – |
|
|
DQ
3427
Daqo New Energy
DQ
$996M
| $840K | ﹤0.01% |
29,856
-268,728
| -90% | -$6M |
|
|
GRFS
3428
Grifois
GRFS
$5.4B
| $837K | ﹤0.01% |
125,227
-2,839
| -2% | -$22.2K |
|
3429
Idaho Strategic Resources
IDR
$557M
| $836K | ﹤0.01% |
98,789
+10,493
| +12% | +$74.5K |
|
3430
Lightspeed Commerce
LSPD
$1.35B
| $836K | ﹤0.01% |
59,128
+2,453
| +4% | +$38.9K |
|
3431
MINISO
MNSO
$3.75B
| $834K | ﹤0.01% |
+40,684
| New | +$779K |
|
|
RVPH
3432
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $832K | ﹤0.01% |
11,006
+2,066
| +23% | +$164K |
|
3433
FerroAtlántica
GSM
$839M
| $828K | ﹤0.01% |
166,350
+24,584
| +17% | +$127K |
|
|
SNCR
3434
DELISTED
Synchronoss Technologies
SNCR
| $827K | ﹤0.01% |
99,026
+10,778
| +12% | +$84.9K |
|
3435
Finward Bancorp
FNWD
$193M
| $826K | ﹤0.01% |
33,569
+2,502
| +8% | +$60K |
|
|
LONA
3436
LeonaBio Inc
LONA
$72.1M
| $823K | ﹤0.01% |
30,024
+1,691
| +6% | +$53.6K |
|
3437
ZIM Integrated Shipping Services
ZIM
$3.24B
| $822K | ﹤0.01% |
81,236
+1,141
| +1% | +$13.9K |
|
3438
FTC Solar
FTCI
$44.9M
| $818K | ﹤0.01% |
151,707
+7,434
| +5% | +$40.1K |
|
|
SII
3439
Sprott
SII
$3.03B
| $816K | ﹤0.01% |
19,345
+8,826
| +84% | +$317K |
|
|
CONX
3440
DELISTED
CONX Corp. Class A Common Stock
CONX
| $813K | ﹤0.01% |
76,784
+312
| +0.4% | +$3.32K |
|
3441
Crawford & Co Class B
CRD.B
$604M
| $810K | ﹤0.01% |
89,285
+3,870
| +5% | +$42.6K |
|
3442
Spero Therapeutics
SPRO
$73M
| $808K | ﹤0.01% |
469,441
+56,734
| +14% | +$88.9K |
|
3443
Provident Financial
PROV
$112M
| $805K | ﹤0.01% |
60,181
+5,190
| +9% | +$72.6K |
|
3444
Dorchester Minerals
DMLP
$1.26B
| $800K | ﹤0.01% |
23,725
+1,116
| +5% | +$35.2K |
|
3445
Skillsoft
SKIL
$81.6M
| $799K | ﹤0.01% |
88,749
-970
| -1% | -$12.3K |
|
3446
Veru
VERU
$37.4M
| $796K | ﹤0.01% |
113,685
+47,460
| +72% | +$253K |
|
3447
Full Truck Alliance
YMM
$9.99B
| $794K | ﹤0.01% |
109,199
+372
| +0.3% | +$2.48K |
|
3448
Comscore
SCOR
$109M
| $793K | ﹤0.01% |
51,489
+2,736
| +6% | +$49.3K |
|
3449
Energy Services of America
ESOA
$292M
| $787K | ﹤0.01% |
95,361
+9,074
| +11% | +$66.8K |
|
3450
Galicia Financial Group
GGAL
$7.42B
| $786K | ﹤0.01% |
30,914
| – | – |
|
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.