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 |
Microsoft
MSFT
|
+$1.09B |
| 2 |
Apple
AAPL
|
+$871M |
| 3 |
Uber
UBER
|
+$867M |
| 4 |
NVIDIA
NVDA
|
+$687M |
| 5 |
Amazon
AMZN
|
+$649M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$1.52B |
| 2 |
Danaher
DHR
|
+$540M |
| 3 |
VMW
VMware, Inc
VMW
|
+$474M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$450M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$388M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.83% |
| 2 | Financials | 12.77% |
| 3 | Healthcare | 12.47% |
| 4 | Consumer Discretionary | 11% |
| 5 | Industrials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3601
Flotek Industries
FTK
$952M
| $522K | ﹤0.01% |
133,087
+30,725
| +30% | +$120K |
|
|
BHIL
3602
DELISTED
Benson Hill, Inc.
BHIL
| $521K | ﹤0.01% |
85,707
+2,669
| +3% | +$23.8K |
|
|
RENT
3603
Rent the Runway
RENT
$128M
| $519K | ﹤0.01% |
49,166
+1,543
| +3% | +$19.1K |
|
3604
GeneDx Holdings
WGS
$2.02B
| $517K | ﹤0.01% |
188,075
-4,712
| -2% | -$11K |
|
3605
Energy Services of America
ESOA
$292M
| $516K | ﹤0.01% |
86,287
+14,921
| +21% | +$68.2K |
|
|
PPSI
3606
Pioneer Power Solutions
PPSI
$32.8M
| $511K | ﹤0.01% |
75,239
+1,884
| +3% | +$11.2K |
|
|
RBOT
3607
DELISTED
Vicarious Surgical
RBOT
| $502K | ﹤0.01% |
45,634
+698
| +2% | +$7.78K |
|
3608
Assembly Biosciences
ASMB
$502M
| $502K | ﹤0.01% |
51,001
+10,562
| +26% | +$100K |
|
3609
Fortuna Silver Mines
FSM
$2.62B
| $500K | ﹤0.01% |
129,832
+15,076
| +13% | +$50.4K |
|
3610
IAMGOLD
IAG
$8.46B
| $500K | ﹤0.01% |
198,132
+19,870
| +11% | +$47.6K |
|
|
EGIO
3611
DELISTED
Edgio, Inc. Common Stock
EGIO
| $499K | ﹤0.01% |
36,399
+577
| +2% | +$14.2K |
|
|
TECX
3612
Tectonic Therapeutic
TECX
$528M
| $499K | ﹤0.01% |
30,543
+1,117
| +4% | +$19.2K |
|
|
LOAN
3613
Manhattan Bridge Capital
LOAN
$48M
| $497K | ﹤0.01% |
100,017
| – | – |
|
3614
Gain Therapeutics
GANX
$74.2M
| $495K | ﹤0.01% |
151,476
| – | – |
|
3615
Journey Medical
DERM
$179M
| $494K | ﹤0.01% |
85,785
+16,276
| +23% | +$72.5K |
|
3616
Canterbury Park Holding Corp
CPHC
$78.8M
| $493K | ﹤0.01% |
24,110
| – | – |
|
3617
Greenwich LifeSciences
GLSI
$203M
| $493K | ﹤0.01% |
46,816
+724
| +2% | +$7.26K |
|
3618
Comstock
LODE
$229M
| $491K | ﹤0.01% |
89,559
+8,304
| +10% | +$38K |
|
|
SPRB
3619
Spruce Biosciences
SPRB
$121M
| $491K | ﹤0.01% |
2,232
| – | – |
|
3620
Culp Inc
CULP
$45.1M
| $491K | ﹤0.01% |
84,697
| – | – |
|
3621
Alpha Pro Tech
APT
$51.1M
| $490K | ﹤0.01% |
92,579
| – | – |
|
|
SRT
3622
DELISTED
Startek Inc.
SRT
| $489K | ﹤0.01% |
110,880
+26,206
| +31% | +$111K |
|
3623
First US Bancshares
FUSB
$92.1M
| $485K | ﹤0.01% |
45,688
+11,251
| +33% | +$101K |
|
3624
Lightbridge
LTBR
$283M
| $484K | ﹤0.01% |
150,757
| – | – |
|
|
NYAX
3625
Nayax
NYAX
$2.6B
| $483K | ﹤0.01% |
25,977
+118
| +0.5% | +$2.36K |
|
Similar funds
Geode Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Geode Capital Management held 4,831 positions worth $956B, up 14% from $840B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Geode Capital Management's Q4 2023 filing shows 71 new, 3,576 increased, 304 reduced and 178 closed positions. Its largest new stake was NCR Atleos: 993,462 shares worth $24.2M. The largest sale was Activision Blizzard, an estimated $1.52B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2023 buy was NCR Atleos: 993,462 shares worth $24.2M.
- Geode Capital Management added most to Microsoft in Q4 2023, an estimated $1.09B increase.
- Geode Capital Management's biggest Q4 2023 reduction was Danaher, cutting an estimated $540M.
- Geode Capital Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.52B.
- Geode Capital Management's ten largest holdings make up 26% of its $956B portfolio in Q4 2023.
- Geode Capital Management opened 71 new positions and closed 178 in Q4 2023.
- Geode Capital Management's portfolio value rose 14% quarter-over-quarter to $956B.
Based on Geode Capital Management's 13F filing for Q4 2023, filed 13 Feb 2024.