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 | |
|---|---|---|---|---|---|---|
3651
Marchex
MCHX
$79.7M
| $461K | ﹤0.01% |
336,346
| – | – |
|
3652
Lightbridge
LTBR
$311M
| $456K | ﹤0.01% |
154,683
+3,926
| +3% | +$11.9K |
|
3653
Great Elm Group
GEG
$69.3M
| $456K | ﹤0.01% |
237,471
| – | – |
|
3654
Heartbeam
BEAT
$29.1M
| $455K | ﹤0.01% |
208,694
+8,258
| +4% | +$15.6K |
|
3655
SurgePays
SURG
$7.27M
| $455K | ﹤0.01% |
118,131
+9,975
| +9% | +$66.5K |
|
|
RNTX
3656
Rein Therapeutics
RNTX
$69.9M
| $453K | ﹤0.01% |
69,759
+12,471
| +22% | +$59.7K |
|
3657
Airgain
AIRG
$72.4M
| $453K | ﹤0.01% |
83,037
| – | – |
|
3658
Key Tronic
KTCC
$44.7M
| $449K | ﹤0.01% |
96,407
+12,512
| +15% | +$57.1K |
|
|
SILV
3659
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $448K | ﹤0.01% |
66,856
+3,544
| +6% | +$20.7K |
|
3660
Bionano Genomics
BNGO
$13.3M
| $446K | ﹤0.01% |
6,690
+410
| +7% | +$30.6K |
|
3661
Dr. Reddy's Laboratories
RDY
$10.2B
| $444K | ﹤0.01% |
30,275
-11,495
| -28% | -$168K |
|
|
STRR
3662
Star Equity Holdings
STRR
$41.7M
| $444K | ﹤0.01% |
25,144
+163
| +0.7% | +$2.49K |
|
3663
Crown Crafts
CRWS
$32.3M
| $444K | ﹤0.01% |
86,963
+12,061
| +16% | +$63.9K |
|
3664
CF Bankshares
CFBK
$236M
| $442K | ﹤0.01% |
22,142
+301
| +1% | +$6.36K |
|
|
IROQ
3665
DELISTED
IF Bancorp
IROQ
| $442K | ﹤0.01% |
26,780
-253
| -0.9% | -$4.18K |
|
3666
Gogoro
GGR
$51.2M
| $437K | ﹤0.01% |
11,874
+650
| +6% | +$25K |
|
3667
Ituran Location and Control
ITRN
$1.05B
| $436K | ﹤0.01% |
15,610
+471
| +3% | +$12.5K |
|
3668
Kartoon Studios
TOON
$34.9M
| $435K | ﹤0.01% |
317,131
+2,383
| +0.8% | +$3.26K |
|
3669
Apyx Medical
APYX
$171M
| $430K | ﹤0.01% |
315,869
+6,052
| +2% | +$12.9K |
|
|
DPSI
3670
DELISTED
DecisionPoint Systems, Inc.
DPSI
| $429K | ﹤0.01% |
47,308
+701
| +2% | +$5.31K |
|
|
ENZ
3671
DELISTED
Enzo Biochem, Inc.
ENZ
| $429K | ﹤0.01% |
337,856
| – | – |
|
|
KC
3672
Kingsoft Cloud Holdings
KC
$3.69B
| $427K | ﹤0.01% |
140,556
-52,343
| -27% | -$152K |
|
3673
Pro-Dex
PDEX
$209M
| $427K | ﹤0.01% |
24,319
| – | – |
|
3674
First US Bancshares
FUSB
$90.8M
| $421K | ﹤0.01% |
45,435
-253
| -0.6% | -$2.5K |
|
|
NUTX
3675
Nutex Health
NUTX
$1.11B
| $419K | ﹤0.01% |
29,133
+4,182
| +17% | +$84.2K |
|
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.