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 | |
|---|---|---|---|---|---|---|
3626
ASP Isotopes
ASPI
$526M
| $483K | ﹤0.01% |
269,840
+165,526
| +159% | +$241K |
|
3627
RLX Technology
RLX
$2.44B
| $482K | ﹤0.01% |
241,143
+17,233
| +8% | +$32K |
|
|
MRDN
3628
Meridian Holdings Inc
MRDN
$177M
| $481K | ﹤0.01% |
16,636
| – | – |
|
3629
Bioceres Crop Solutions
BIOX
$24.2M
| $480K | ﹤0.01% |
34,963
| – | – |
|
3630
Crexendo
CXDO
$234M
| $480K | ﹤0.01% |
98,870
+12,559
| +15% | +$33K |
|
3631
Amtech Systems
ASYS
$273M
| $480K | ﹤0.01% |
114,144
| – | – |
|
|
FORA
3632
DELISTED
Forian
FORA
| $479K | ﹤0.01% |
163,754
| – | – |
|
3633
Veru
VERU
$36.1M
| $477K | ﹤0.01% |
66,225
+6,214
| +10% | +$55.1K |
|
|
HOOK
3634
DELISTED
HOOKIPA Pharma
HOOK
| $474K | ﹤0.01% |
58,561
+5,250
| +10% | +$28.9K |
|
|
MAG
3635
DELISTED
MAG Silver
MAG
| $474K | ﹤0.01% |
45,528
-881
| -2% | -$9.41K |
|
3636
Flux Power
FLUX
$11.7M
| $472K | ﹤0.01% |
114,728
| – | – |
|
3637
Heartbeam
BEAT
$27.4M
| $471K | ﹤0.01% |
200,436
| – | – |
|
|
ACCS
3638
ACCESS Newswire
ACCS
$25.3M
| $471K | ﹤0.01% |
25,949
| – | – |
|
3639
Hanover Bancorp
HNVR
$189M
| $470K | ﹤0.01% |
+26,637
| New | +$474K |
|
3640
Dianthus Therapeutics
DNTH
$5.73B
| $470K | ﹤0.01% |
45,179
+18,838
| +72% | +$208K |
|
|
ENZ
3641
DELISTED
Enzo Biochem, Inc.
ENZ
| $470K | ﹤0.01% |
337,856
| – | – |
|
3642
PharmaCyte Biotech
PMCB
$6.15M
| $466K | ﹤0.01% |
215,637
-3,473
| -2% | -$7.53K |
|
3643
DarioHealth
DRIO
$67.9M
| $465K | ﹤0.01% |
13,529
| – | – |
|
3644
Bank Of The James
BOTJ
$124M
| $465K | ﹤0.01% |
38,666
| – | – |
|
|
HSAI
3645
Hesai Group
HSAI
$2.79B
| $464K | ﹤0.01% |
52,058
+41,822
| +409% | +$408K |
|
3646
NeoVolta
NEOV
$131M
| $461K | ﹤0.01% |
288,264
+19,717
| +7% | +$39.1K |
|
3647
GDS Holdings
GDS
$6.62B
| $461K | ﹤0.01% |
50,584
| – | – |
|
3648
Great Elm Group
GEG
$72.1M
| $461K | ﹤0.01% |
237,471
| – | – |
|
3649
Harte-Hanks
HHS
$15.7M
| $458K | ﹤0.01% |
67,444
+8,094
| +14% | +$54K |
|
3650
Marchex
MCHX
$82M
| $458K | ﹤0.01% |
336,346
+42,530
| +14% | +$59.7K |
|
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.