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 | |
|---|---|---|---|---|---|---|
3476
Oportun Financial
OPRT
$372M
| $737K | ﹤0.01% |
303,213
+1,858
| +0.6% | +$6.71K |
|
3477
Bakkt Inc
BKKT
$337M
| $737K | ﹤0.01% |
64,096
-29,223
| -31% | -$786K |
|
3478
INNOVATE Corp
VATE
$165M
| $733K | ﹤0.01% |
104,660
+1,569
| +2% | +$13.8K |
|
3479
GH Research
GHRS
$2.08B
| $733K | ﹤0.01% |
68,775
+6,677
| +11% | +$53K |
|
3480
Calumet Specialty Products
CLMT
$3.44B
| $732K | ﹤0.01% |
49,250
| – | – |
|
3481
Myomo
MYO
$56.2M
| $725K | ﹤0.01% |
221,621
+30,413
| +16% | +$110K |
|
3482
Pharvaris
PHVS
$2.44B
| $722K | ﹤0.01% |
31,224
+9,629
| +45% | +$256K |
|
3483
Fractyl Health
GUTS
$111M
| $721K | ﹤0.01% |
+97,427
| New | +$820K |
|
3484
United Bancorp
UBCP
$96M
| $718K | ﹤0.01% |
49,611
| – | – |
|
|
CMCT
3485
Creative Media & Community Trust
CMCT
$13M
| $718K | ﹤0.01% |
7
+1
| +17% | +$88.9K |
|
|
NYAX
3486
Nayax
NYAX
$2.58B
| $717K | ﹤0.01% |
27,224
+1,247
| +5% | +$31.4K |
|
3487
First Majestic Silver
AG
$9.07B
| $707K | ﹤0.01% |
119,626
+1,690
| +1% | +$8.47K |
|
3488
Celularity
CELU
$20.3M
| $704K | ﹤0.01% |
134,643
+36,832
| +38% | +$151K |
|
|
SCRM
3489
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $703K | ﹤0.01% |
65,716
+34,784
| +112% | +$370K |
|
3490
SR Bancorp
SRBK
$145M
| $703K | ﹤0.01% |
74,442
+2,824
| +4% | +$26.7K |
|
|
NGMS
3491
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $702K | ﹤0.01% |
24,253
+3,507
| +17% | +$99.3K |
|
3492
IAMGOLD
IAG
$10.5B
| $702K | ﹤0.01% |
209,317
+11,185
| +6% | +$29.8K |
|
3493
AudioEye
AEYE
$75M
| $702K | ﹤0.01% |
70,095
+6,089
| +10% | +$39.9K |
|
3494
Envela
ELA
$446M
| $701K | ﹤0.01% |
151,607
+6,580
| +5% | +$29.2K |
|
3495
AMREP Corp
AXR
$119M
| $698K | ﹤0.01% |
30,025
+2,852
| +10% | +$62K |
|
3496
Lee Enterprises
LEE
$182M
| $696K | ﹤0.01% |
52,189
| – | – |
|
|
HYZN
3497
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
| $696K | ﹤0.01% |
18,880
| – | – |
|
3498
Assembly Biosciences
ASMB
$529M
| $694K | ﹤0.01% |
52,197
+1,196
| +2% | +$13.9K |
|
3499
Phunware
PHUN
$43.6M
| $694K | ﹤0.01% |
77,464
+57,699
| +292% | +$672K |
|
3500
OppFi
OPFI
$803M
| $691K | ﹤0.01% |
276,307
+17,702
| +7% | +$60.1K |
|
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.