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 | |
|---|---|---|---|---|---|---|
3576
Biodesix
BDSX
$248M
| $551K | ﹤0.01% |
19,257
+1,401
| +8% | +$47.9K |
|
|
AUTL
3577
Autolus Therapeutics
AUTL
$562M
| $550K | ﹤0.01% |
86,256
| – | – |
|
3578
Intellicheck
IDN
$79.6M
| $549K | ﹤0.01% |
157,715
+2,555
| +2% | +$4.91K |
|
3579
Natural Health Trends
NHTC
$14.8M
| $549K | ﹤0.01% |
81,900
+10,380
| +15% | +$64.8K |
|
3580
Canterbury Park Holding Corp
CPHC
$80M
| $548K | ﹤0.01% |
24,234
+124
| +0.5% | +$2.84K |
|
|
FORA
3581
DELISTED
Forian
FORA
| $548K | ﹤0.01% |
164,872
+1,118
| +0.7% | +$3.25K |
|
3582
Polestar Automotive Holding UK
PSNY
$2.06B
| $547K | ﹤0.01% |
11,847
+5,612
| +90% | +$304K |
|
3583
Southland Holdings
SLND
$31.4M
| $543K | ﹤0.01% |
105,510
| – | – |
|
|
MAG
3584
DELISTED
MAG Silver
MAG
| $543K | ﹤0.01% |
51,273
+5,745
| +13% | +$52.7K |
|
3585
Flux Power
FLUX
$11.4M
| $540K | ﹤0.01% |
121,934
+7,206
| +6% | +$33.4K |
|
|
CYPH
3586
Cypherpunk Technologies Inc
CYPH
$73.3M
| $539K | ﹤0.01% |
202,572
-1,388
| -0.7% | -$4.16K |
|
3587
Ideal Power
IPWR
$74.2M
| $537K | ﹤0.01% |
60,342
+6,888
| +13% | +$62.1K |
|
3588
Betterware México
BWMX
$623M
| $535K | ﹤0.01% |
26,794
| – | – |
|
|
BLEU
3589
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $534K | ﹤0.01% |
49,905
| – | – |
|
3590
Hyperfine
HYPR
$101M
| $533K | ﹤0.01% |
533,232
+52,979
| +11% | +$57K |
|
|
BCYC
3591
Bicycle Therapeutics
BCYC
$292M
| $532K | ﹤0.01% |
21,377
+2,540
| +13% | +$54K |
|
3592
Fuel Tech
FTEK
$43.7M
| $532K | ﹤0.01% |
439,286
+5,814
| +1% | +$6.4K |
|
|
GAN
3593
DELISTED
GAN Ltd
GAN
| $529K | ﹤0.01% |
416,134
+4,507
| +1% | +$6.68K |
|
3594
One Stop Systems
OSS
$330M
| $526K | ﹤0.01% |
161,434
+10,427
| +7% | +$28.5K |
|
3595
SCYNEXIS
SCYX
$52M
| $522K | ﹤0.01% |
44,401
-88
| -0.2% | -$1.24K |
|
3596
Crexendo
CXDO
$222M
| $522K | ﹤0.01% |
108,478
+9,608
| +10% | +$53.3K |
|
|
LL
3597
DELISTED
LL Flooring Holdings, Inc.
LL
| $520K | ﹤0.01% |
284,083
-2,008
| -0.7% | -$4.85K |
|
3598
Passage Bio
PASG
$14.1M
| $519K | ﹤0.01% |
19,214
+2,604
| +16% | +$62.7K |
|
3599
Sono-Tek
SOTK
$82.8M
| $518K | ﹤0.01% |
105,901
| – | – |
|
3600
Tempest Therapeutics
TPST
$14.6M
| $517K | ﹤0.01% |
10,160
+474
| +5% | +$23.9K |
|
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.