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 | |
|---|---|---|---|---|---|---|
|
LOAN
3601
Manhattan Bridge Capital
LOAN
$47.1M
| $514K | ﹤0.01% |
101,494
+1,477
| +1% | +$7.1K |
|
3602
SeaStar Medical
ICU
$13.1M
| $514K | ﹤0.01% |
2,798
+2,359
| +537% | +$462K |
|
3603
Research Solutions
RSSS
$72.2M
| $513K | ﹤0.01% |
162,238
+2,378
| +1% | +$6.83K |
|
3604
Summit State Bank
SSBI
$90.8M
| $510K | ﹤0.01% |
47,015
+292
| +0.6% | +$3.25K |
|
3605
CDT Equity Inc
CDT
$2.16M
| – | – |
0
| – | – |
|
|
NGD
3606
DELISTED
New Gold Inc
NGD
| $510K | ﹤0.01% |
301,452
+14,056
| +5% | +$19.2K |
|
3607
Flotek Industries
FTK
$1.28B
| $510K | ﹤0.01% |
136,304
+3,217
| +2% | +$10.3K |
|
|
WKME
3608
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $510K | ﹤0.01% |
59,286
+2,049
| +4% | +$19.9K |
|
3609
Quantum Computing Inc
QUBT
$2.07B
| $510K | ﹤0.01% |
514,516
+79,005
| +18% | +$71.1K |
|
3610
Biglari Holdings Class A
BH.A
$1.21B
| $509K | ﹤0.01% |
550
+62
| +13% | +$54.6K |
|
|
ZFOX
3611
DELISTED
ZeroFox Holdings, Inc. Common Stock
ZFOX
| $508K | ﹤0.01% |
453,706
+59,812
| +15% | +$59.2K |
|
3612
Harte-Hanks
HHS
| $505K | ﹤0.01% |
67,444
| – | – |
|
3613
Direct Digital Holdings
DRCT
$1.91M
| $504K | ﹤0.01% |
150
-11
| -7% | -$42.3K |
|
|
CONN
3614
DELISTED
Conn's Inc.
CONN
| $504K | ﹤0.01% |
150,418
+9,097
| +6% | +$38.9K |
|
3615
Transact Technologies
TACT
$58.6M
| $500K | ﹤0.01% |
95,378
+822
| +0.9% | +$5.7K |
|
3616
Nomad Foods
NOMD
$1.68B
| $496K | ﹤0.01% |
25,371
| – | – |
|
3617
Afya
AFYA
$1.27B
| $496K | ﹤0.01% |
26,707
+572
| +2% | +$11.7K |
|
3618
Broadwind
BWEN
$109M
| $495K | ﹤0.01% |
208,098
+11,493
| +6% | +$28.2K |
|
|
SA
3619
Seabridge Gold
SA
$3.35B
| $495K | ﹤0.01% |
32,575
+1,474
| +5% | +$17.2K |
|
3620
CervoMed
CRVO
$26.6M
| $494K | ﹤0.01% |
21,175
+5,466
| +35% | +$72.9K |
|
3621
authID Inc
AUID
$10.6M
| $493K | ﹤0.01% |
64,575
+16,528
| +34% | +$156K |
|
3622
Bioceres Crop Solutions
BIOX
$22M
| $493K | ﹤0.01% |
38,927
+3,964
| +11% | +$52.2K |
|
3623
Fortuna Silver Mines
FSM
$3.07B
| $491K | ﹤0.01% |
131,637
+1,805
| +1% | +$5.78K |
|
|
PPSI
3624
Pioneer Power Solutions
PPSI
$34.3M
| $490K | ﹤0.01% |
85,852
+10,613
| +14% | +$55.8K |
|
3625
Surf Air Mobility
SRFM
$95.8M
| $490K | ﹤0.01% |
83,006
+7,863
| +10% | +$61.2K |
|
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.