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 | |
|---|---|---|---|---|---|---|
3551
AN2 Therapeutics
ANTX
$214M
| $583K | ﹤0.01% |
179,370
+747
| +0.4% | +$8.13K |
|
3552
Vivani Medical
VANI
$122M
| $583K | ﹤0.01% |
314,931
+117,790
| +60% | +$173K |
|
3553
Playboy Inc
PLBY
$141M
| $583K | ﹤0.01% |
554,714
+1,539
| +0.3% | +$1.64K |
|
|
SAND
3554
DELISTED
Sandstorm Gold
SAND
| $579K | ﹤0.01% |
109,816
-988
| -0.9% | -$4.57K |
|
|
OLK
3555
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $579K | ﹤0.01% |
24,642
| – | – |
|
3556
GSI Technology
GSIT
$258M
| $579K | ﹤0.01% |
170,250
+4,614
| +3% | +$13.3K |
|
3557
Matinas BioPharma
MTNB
$1.81M
| $579K | ﹤0.01% |
42,709
+11,179
| +35% | +$133K |
|
3558
Bluerock Homes Trust
BHM
$34.9M
| $575K | ﹤0.01% |
33,868
+1,199
| +4% | +$17.6K |
|
|
SUP
3559
DELISTED
Superior Industries International
SUP
| $575K | ﹤0.01% |
198,059
| – | – |
|
|
TUP
3560
DELISTED
Tupperware Brands Corporation
TUP
| $574K | ﹤0.01% |
428,532
+37,215
| +10% | +$59.4K |
|
|
KRON
3561
DELISTED
Kronos Bio
KRON
| $574K | ﹤0.01% |
441,225
+12,703
| +3% | +$14.5K |
|
3562
Quantum Corp
QMCO
$474M
| $573K | ﹤0.01% |
48,137
| – | – |
|
|
CGAU
3563
Centerra Gold
CGAU
$4.15B
| $572K | ﹤0.01% |
96,393
+5,526
| +6% | +$29.9K |
|
3564
FreightCar America
RAIL
$260M
| $569K | ﹤0.01% |
147,694
+839
| +0.6% | +$2.5K |
|
|
RBOT
3565
DELISTED
Vicarious Surgical
RBOT
| $569K | ﹤0.01% |
62,867
+17,233
| +38% | +$206K |
|
3566
Spruce Power Holding Corp
SPRU
$39.9M
| $567K | ﹤0.01% |
142,888
+5,198
| +4% | +$20.5K |
|
3567
Wheels Up
UP
$198M
| $561K | ﹤0.01% |
9,775
+2,131
| +28% | +$140K |
|
|
CUTR
3568
DELISTED
Cutera, Inc.
CUTR
| $561K | ﹤0.01% |
381,333
-1,457
| -0.4% | -$3.78K |
|
|
STLN
3569
Starling Oncology, Inc. Common Stock
STLN
$641M
| $560K | ﹤0.01% |
354,098
+14,331
| +4% | +$27.2K |
|
3570
Aqua Metals
AQMS
$10.2M
| $559K | ﹤0.01% |
5,192
+75
| +1% | +$8.4K |
|
3571
GigaCloud Technology
GCT
$1.9B
| $557K | ﹤0.01% |
20,832
| – | – |
|
|
PPIH
3572
Perma-Pipe International
PPIH
$215M
| $556K | ﹤0.01% |
70,357
+805
| +1% | +$6.5K |
|
3573
American Realty Investors
ARL
$248M
| $553K | ﹤0.01% |
30,873
+44
| +0.1% | +$901 |
|
|
OKUR
3574
OnKure Therapeutics
OKUR
$168M
| $552K | ﹤0.01% |
33,270
-684
| -2% | -$11.3K |
|
|
ASXC
3575
DELISTED
Asensus Surgical, Inc.
ASXC
| $552K | ﹤0.01% |
2,399,429
| – | – |
|
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.