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 | |
|---|---|---|---|---|---|---|
3451
Full Truck Alliance
YMM
$10.1B
| $763K | ﹤0.01% |
108,827
+11,017
| +11% | +$77.7K |
|
3452
Achieve Life Sciences
ACHV
$649M
| $762K | ﹤0.01% |
184,925
| – | – |
|
3453
Comp X International
CIX
$365M
| $759K | ﹤0.01% |
30,021
+358
| +1% | +$7.42K |
|
3454
Fiverr
FVRR
$340M
| $757K | ﹤0.01% |
27,806
+2,107
| +8% | +$52.1K |
|
3455
Travelzoo
TZOO
$75.9M
| $755K | ﹤0.01% |
79,189
-3,599
| -4% | -$28.7K |
|
|
TCS
3456
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $753K | ﹤0.01% |
22,012
+517
| +2% | +$15.7K |
|
3457
Smart Sand
SND
$186M
| $750K | ﹤0.01% |
388,696
+18,726
| +5% | +$38K |
|
3458
Werewolf Therapeutics
HOWL
$17.9M
| $750K | ﹤0.01% |
194,308
+20,058
| +12% | +$51.2K |
|
|
TVRD
3459
Tvardi Therapeutics
TVRD
$19M
| $750K | ﹤0.01% |
28,027
+1,003
| +4% | +$41.5K |
|
3460
Arq
ARQ
$86.3M
| $747K | ﹤0.01% |
250,481
+17,005
| +7% | +$37.9K |
|
|
OPOF
3461
DELISTED
Old Point Financial
OPOF
| $744K | ﹤0.01% |
41,978
+105
| +0.3% | +$1.77K |
|
|
NSTG
3462
DELISTED
NanoString Technologies, Inc.
NSTG
| $743K | ﹤0.01% |
993,244
+58,732
| +6% | +$62.1K |
|
3463
Alvotech
ALVO
$1.28B
| $742K | ﹤0.01% |
64,665
+7,664
| +13% | +$72.3K |
|
|
FSFG
3464
DELISTED
First Savings Financial Group
FSFG
| $741K | ﹤0.01% |
44,102
| – | – |
|
3465
Ultralife
ULBI
$87.4M
| $731K | ﹤0.01% |
107,210
+4,919
| +5% | +$40.4K |
|
3466
Frequency Electronics
FEIM
$661M
| $730K | ﹤0.01% |
66,638
+32,419
| +95% | +$279K |
|
|
KC
3467
Kingsoft Cloud Holdings
KC
$3.56B
| $729K | ﹤0.01% |
192,899
-20,708
| -10% | -$94.6K |
|
3468
First Majestic Silver
AG
$7.74B
| $724K | ﹤0.01% |
117,936
+6,942
| +6% | +$38.3K |
|
|
NAGE
3469
Niagen Bioscience
NAGE
$281M
| $721K | ﹤0.01% |
503,943
| – | – |
|
3470
Ero Copper
ERO
$2.85B
| $720K | ﹤0.01% |
42,915
-6,638
| -13% | -$93.3K |
|
3471
Dorchester Minerals
DMLP
$1.24B
| $720K | ﹤0.01% |
22,609
+913
| +4% | +$26.7K |
|
3472
Sky Harbour Group
SKYH
$377M
| $719K | ﹤0.01% |
74,435
+58,231
| +359% | +$460K |
|
|
ACAH
3473
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
| $717K | ﹤0.01% |
68,004
-647
| -0.9% | -$6.83K |
|
|
VAXX
3474
DELISTED
Vaxxinity, Inc. Class A Common Stock
VAXX
| $716K | ﹤0.01% |
842,014
+12,212
| +1% | +$11.8K |
|
3475
Jasper Therapeutics
JSPR
$20.2M
| $714K | ﹤0.01% |
90,448
| – | – |
|
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.