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 | |
|---|---|---|---|---|---|---|
|
CVAC
3526
DELISTED
CureVac
CVAC
| $633K | ﹤0.01% |
208,914
+6,914
| +3% | +$24.3K |
|
|
MGIC
3527
DELISTED
Magic Software Enterprises
MGIC
| $631K | ﹤0.01% |
55,110
+312
| +0.6% | +$3.36K |
|
|
VAXX
3528
DELISTED
Vaxxinity, Inc. Class A Common Stock
VAXX
| $630K | ﹤0.01% |
878,543
+36,529
| +4% | +$26.5K |
|
|
AFBI
3529
DELISTED
Affinity Bancshares
AFBI
| $625K | ﹤0.01% |
37,730
+232
| +0.6% | +$3.82K |
|
|
TSBX
3530
DELISTED
Turnstone Biologics
TSBX
| $624K | ﹤0.01% |
238,084
+116,148
| +95% | +$332K |
|
3531
Urban One Class A
UONE
$23.8M
| $623K | ﹤0.01% |
23,063
+2,163
| +10% | +$72K |
|
3532
Bridger Aerospace
BAER
$74.1M
| $619K | ﹤0.01% |
123,244
+1,361
| +1% | +$7.54K |
|
3533
Amprius Technologies
AMPX
$1.73B
| $618K | ﹤0.01% |
233,270
+3,829
| +2% | +$14.2K |
|
|
COOL
3534
DELISTED
Corner Growth Acquisition Corp. Class A Ordinary Shares
COOL
| $617K | ﹤0.01% |
56,099
| – | – |
|
|
TIXT
3535
DELISTED
TELUS International
TIXT
| $612K | ﹤0.01% |
61,902
-46,601
| -43% | -$430K |
|
3536
Kewaunee Scientific
KEQU
$106M
| $611K | ﹤0.01% |
17,948
+2,614
| +17% | +$77.4K |
|
|
CULL
3537
DELISTED
Cullman Bancorp Inc.
CULL
| $610K | ﹤0.01% |
61,339
-283
| -0.5% | -$3.01K |
|
3538
MPLX
MPLX
$59.7B
| $607K | ﹤0.01% |
14,609
+225
| +2% | +$8.72K |
|
|
CMLS
3539
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $606K | ﹤0.01% |
168,727
| – | – |
|
|
TCBC
3540
DELISTED
TC Bancshares, Inc. Common Stock
TCBC
| $606K | ﹤0.01% |
44,046
-1,037
| -2% | -$14.2K |
|
|
ALUR
3541
DELISTED
Allurion Technologies
ALUR
| $604K | ﹤0.01% |
13,796
+852
| +7% | +$61.6K |
|
|
BHIL
3542
DELISTED
Benson Hill, Inc.
BHIL
| $602K | ﹤0.01% |
85,707
| – | – |
|
|
PNST
3543
DELISTED
Pinstripes Holdings, Inc.
PNST
| $599K | ﹤0.01% |
+184,281
| New | +$740K |
|
3544
M-tron Industries
MPTI
$380M
| $598K | ﹤0.01% |
19,925
+627
| +3% | +$23.6K |
|
3545
Alpha Pro Tech
APT
$53.1M
| $597K | ﹤0.01% |
95,692
+3,113
| +3% | +$17K |
|
3546
Fiverr
FVRR
$339M
| $594K | ﹤0.01% |
28,209
+403
| +1% | +$10.1K |
|
3547
Personalis
PSNL
$1.51B
| $589K | ﹤0.01% |
395,022
+5,313
| +1% | +$8.23K |
|
|
3548
Urban One Class D
UONEK
$23.8M
| $588K | ﹤0.01% |
28,822
+1,445
| +5% | +$44.1K |
|
3549
Pagaya Technologies
PGY
$1.78B
| $584K | ﹤0.01% |
57,840
+8,022
| +16% | +$114K |
|
3550
Magyar Bancorp
MGYR
$123M
| $584K | ﹤0.01% |
52,489
+421
| +0.8% | +$4.79K |
|
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.