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 | |
|---|---|---|---|---|---|---|
|
AE
3501
DELISTED
Adams Resources & Energy Inc
AE
| $687K | ﹤0.01% |
23,673
+2,728
| +13% | +$68.2K |
|
|
FARM
3502
DELISTED
Farmer Brothers
FARM
| $685K | ﹤0.01% |
191,935
+6,452
| +3% | +$22.4K |
|
|
HYPD
3503
Hyperion DeFi Inc
HYPD
$40.9M
| $684K | ﹤0.01% |
8,667
+679
| +9% | +$92.4K |
|
|
SELF
3504
Global Self Storage
SELF
$58.8M
| $681K | ﹤0.01% |
153,057
+24,042
| +19% | +$105K |
|
|
HIMX
3505
Himax Technologies
HIMX
$2.55B
| $678K | ﹤0.01% |
125,226
+9,311
| +8% | +$53.2K |
|
3506
Curis
CRIS
$7.83M
| $677K | ﹤0.01% |
3,115
-19
| -0.6% | -$4.08K |
|
|
DZSI
3507
DELISTED
DZS Inc. Common Stock
DZSI
| $675K | ﹤0.01% |
511,384
+37,937
| +8% | +$57.4K |
|
3508
Chunghwa Telecom
CHT
$33B
| $675K | ﹤0.01% |
17,247
+2,631
| +18% | +$101K |
|
3509
New Mountain Finance
NMFC
$732M
| $675K | ﹤0.01% |
53,270
| – | – |
|
3510
Mega Matrix
MPU
$13.7M
| $671K | ﹤0.01% |
234,538
+87,123
| +59% | +$244K |
|
3511
Gain Therapeutics
GANX
$77.6M
| $668K | ﹤0.01% |
177,091
+25,615
| +17% | +$106K |
|
3512
Finance of America Companies
FOA
$198M
| $666K | ﹤0.01% |
90,561
+4,087
| +5% | +$35.5K |
|
|
LILM
3513
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
| $666K | ﹤0.01% |
693,452
+5,304
| +0.8% | +$4.93K |
|
|
TWOU
3514
DELISTED
2U Inc
TWOU
| $665K | ﹤0.01% |
56,863
-1,930
| -3% | -$37.5K |
|
3515
DiaMedica Therapeutics
DMAC
$364M
| $663K | ﹤0.01% |
239,235
+20,457
| +9% | +$59.4K |
|
|
TBNK
3516
DELISTED
Territorial Bancorp Inc.
TBNK
| $662K | ﹤0.01% |
82,144
| – | – |
|
3517
Corvus Pharmaceuticals
CRVS
$1.17B
| $662K | ﹤0.01% |
371,763
+11,383
| +3% | +$23.8K |
|
3518
First Guaranty Bancshares
FGBI
$159M
| $660K | ﹤0.01% |
65,044
+7,457
| +13% | +$85.3K |
|
3519
Loop Industries
LOOP
$32.9M
| $657K | ﹤0.01% |
234,715
+1,393
| +0.6% | +$4.46K |
|
|
KNTE
3520
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $650K | ﹤0.01% |
244,151
+13,398
| +6% | +$33.2K |
|
3521
Amtech Systems
ASYS
$272M
| $649K | ﹤0.01% |
119,874
+5,730
| +5% | +$25.8K |
|
|
MRDN
3522
Meridian Holdings Inc
MRDN
$182M
| $645K | ﹤0.01% |
18,784
+2,148
| +13% | +$72.2K |
|
3523
Forafric Global
AFRI
$301M
| $640K | ﹤0.01% |
61,771
-461
| -0.7% | -$4.83K |
|
3524
Atour Lifestyle Holdings
ATAT
$4.8B
| $635K | ﹤0.01% |
35,411
+16,470
| +87% | +$302K |
|
3525
MediciNova
MNOV
$66M
| $635K | ﹤0.01% |
437,860
+2,127
| +0.5% | +$3.02K |
|
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.