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 | |
|---|---|---|---|---|---|---|
3476
Bionano Genomics
BNGO
$12.3M
| $712K | ﹤0.01% |
6,280
+580
| +10% | +$60.6K |
|
|
HIMX
3477
Himax Technologies
HIMX
$2.19B
| $712K | ﹤0.01% |
115,915
+737
| +0.6% | +$4.25K |
|
|
VAQC
3478
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $710K | ﹤0.01% |
67,199
+748
| +1% | +$7.86K |
|
|
VNET
3479
VNET Group
VNET
$2.04B
| $708K | ﹤0.01% |
244,607
+52,954
| +28% | +$159K |
|
|
NOTV
3480
DELISTED
Inotiv
NOTV
| $706K | ﹤0.01% |
192,297
+7,562
| +4% | +$19.1K |
|
3481
Delcath Systems
DCTH
$422M
| $706K | ﹤0.01% |
169,602
+12,699
| +8% | +$41.6K |
|
3482
Envela
ELA
$563M
| $705K | ﹤0.01% |
145,027
+1,336
| +0.9% | +$5.73K |
|
3483
LifeVantage
LFVN
$81.1M
| $701K | ﹤0.01% |
116,787
| – | – |
|
3484
SurgePays
SURG
$5.48M
| $698K | ﹤0.01% |
108,156
+9,275
| +9% | +$49.4K |
|
|
PFIE
3485
DELISTED
Profire Energy, Inc
PFIE
| $696K | ﹤0.01% |
384,621
+10,959
| +3% | +$20.6K |
|
|
LUXH
3486
DELISTED
LuxUrban Hotels Inc. Common Stock
LUXH
| $696K | ﹤0.01% |
1,666
-70
| -4% | -$22.8K |
|
3487
Provident Financial
PROV
$111M
| $694K | ﹤0.01% |
54,991
| – | – |
|
3488
The Oncology Institute
TOI
$486M
| $693K | ﹤0.01% |
339,767
+34,266
| +11% | +$59.4K |
|
|
GRP.U
3489
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $690K | ﹤0.01% |
11,970
+545
| +5% | +$28.2K |
|
3490
M-tron Industries
MPTI
$356M
| $689K | ﹤0.01% |
19,298
+4,481
| +30% | +$133K |
|
3491
Taylor Devices
TAYD
$165M
| $689K | ﹤0.01% |
31,164
| – | – |
|
|
LONA
3492
LeonaBio Inc
LONA
$66.3M
| $689K | ﹤0.01% |
28,333
| – | – |
|
|
AHT
3493
Ashford Hospitality Trust
AHT
$20.9M
| $688K | ﹤0.01% |
35,465
+2,669
| +8% | +$58.8K |
|
3494
Comstock Holding Companies
CHCI
$145M
| $686K | ﹤0.01% |
153,366
+1,260
| +0.8% | +$5.45K |
|
3495
Coya Therapeutics
COYA
$98.3M
| $685K | ﹤0.01% |
92,465
+5,400
| +6% | +$30K |
|
3496
SR Bancorp
SRBK
$142M
| $685K | ﹤0.01% |
+71,618
| New | +$640K |
|
3497
PSQ Holdings
PSQH
$13.9M
| $685K | ﹤0.01% |
8,709
| – | – |
|
3498
Denison Mines
DNN
$2.54B
| $682K | ﹤0.01% |
389,531
+63,707
| +20% | +$107K |
|
3499
New Mountain Finance
NMFC
$651M
| $678K | ﹤0.01% |
53,270
| – | – |
|
3500
Electromed
ELMD
$337M
| $675K | ﹤0.01% |
61,894
| – | – |
|
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.