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 | |
|---|---|---|---|---|---|---|
3651
Bluerock Homes Trust
BHM
$37M
| $457K | ﹤0.01% |
32,669
| – | – |
|
3652
Fuel Tech
FTEK
$46.7M
| $455K | ﹤0.01% |
433,472
+1,423
| +0.3% | +$1.5K |
|
3653
authID Inc
AUID
$12.4M
| $455K | ﹤0.01% |
48,047
+1,487
| +3% | +$11.7K |
|
3654
Karooooo
KARO
$2.01B
| $454K | ﹤0.01% |
18,693
+475
| +3% | +$11.4K |
|
3655
GEE Group
JOB
$23.5M
| $453K | ﹤0.01% |
905,764
| – | – |
|
3656
Dave Inc
DAVE
$5.09B
| $452K | ﹤0.01% |
53,875
| – | – |
|
|
LKFT
3657
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.75B
| $447K | ﹤0.01% |
10,995
+900
| +9% | +$33.1K |
|
3658
Kewaunee Scientific
KEQU
$107M
| $446K | ﹤0.01% |
15,334
| – | – |
|
3659
Catalyst Bancorp
CLST
$69.1M
| $444K | ﹤0.01% |
40,988
+837
| +2% | +$9.3K |
|
3660
Auburn National Bancorp
AUBN
$91.3M
| $443K | ﹤0.01% |
20,792
| – | – |
|
3661
Kartoon Studios
TOON
$35.1M
| $438K | ﹤0.01% |
314,748
+12,076
| +4% | +$15.6K |
|
3662
GSI Technology
GSIT
$231M
| $437K | ﹤0.01% |
165,636
| – | – |
|
|
IROQ
3663
DELISTED
IF Bancorp
IROQ
| $436K | ﹤0.01% |
27,033
| – | – |
|
|
GRCL
3664
DELISTED
Gracell Biotechnologies Inc. American Depositary Shares
GRCL
| $435K | ﹤0.01% |
43,334
| – | – |
|
|
LCA
3665
DELISTED
Landcadia Holdings IV, Inc. Class A Common Stock
LCA
| $434K | ﹤0.01% |
41,748
-635
| -1% | -$6.61K |
|
|
BGDE
3666
Big Digital Energy Inc
BGDE
$32.4M
| $432K | ﹤0.01% |
6,740
+2,781
| +70% | +$55.3K |
|
3667
Nomad Foods
NOMD
$1.68B
| $430K | ﹤0.01% |
25,371
+1,744
| +7% | +$27K |
|
3668
CF Bankshares
CFBK
$236M
| $430K | ﹤0.01% |
21,841
+6,894
| +46% | +$113K |
|
3669
Acurx Pharmaceuticals
ACXP
$5.93M
| $430K | ﹤0.01% |
5,607
+1,177
| +27% | +$88.8K |
|
|
ICAD
3670
DELISTED
iCAD Inc
ICAD
| $424K | ﹤0.01% |
239,376
+18,562
| +8% | +$29.4K |
|
3671
Polestar Automotive Holding UK
PSNY
$2.16B
| $423K | ﹤0.01% |
6,235
+275
| +5% | +$19.2K |
|
3672
Pro-Dex
PDEX
$199M
| $423K | ﹤0.01% |
24,319
| – | – |
|
|
ALTU
3673
DELISTED
Altitude Acquisition Corp
ALTU
| $421K | ﹤0.01% |
41,097
-520
| -1% | -$5.32K |
|
|
NINE
3674
DELISTED
Nine Energy Service
NINE
| $420K | ﹤0.01% |
156,636
+11,213
| +8% | +$32.4K |
|
3675
Gaia
GAIA
$47.6M
| $419K | ﹤0.01% |
155,201
+15,024
| +11% | +$40.4K |
|
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.