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 | |
|---|---|---|---|---|---|---|
3726
Data Storage Corp
DTST
$7.81M
| $361K | ﹤0.01% |
63,094
+10,309
| +20% | +$44.8K |
|
3727
Lexaria Bioscience
LEXX
$8.71M
| $361K | ﹤0.01% |
6,623
+3,050
| +85% | +$117K |
|
3728
IRIDEX
IRIX
$14.5M
| $360K | ﹤0.01% |
120,694
| – | – |
|
3729
Innoviz Technologies
INVZ
$112M
| $359K | ﹤0.01% |
266,264
+2,574
| +1% | +$4.32K |
|
3730
Knightscope
KSCP
$31.6M
| $358K | ﹤0.01% |
14,333
+730
| +5% | +$19.1K |
|
3731
Triple Flag Precious Metals
TFPM
$6.72B
| $358K | ﹤0.01% |
24,804
+3,225
| +15% | +$41.6K |
|
3732
Live Ventures
LIVE
$29.6M
| $357K | ﹤0.01% |
13,225
+206
| +2% | +$5.34K |
|
|
BGXX
3733
DELISTED
Bright Green Corporation Common Stock
BGXX
| $356K | ﹤0.01% |
1,462,339
+217,679
| +17% | +$52.4K |
|
3734
Mastech Digital
MHH
$93.2M
| $356K | ﹤0.01% |
39,495
+610
| +2% | +$5.25K |
|
|
DRRX
3735
DELISTED
DURECT Corp
DRRX
| $355K | ﹤0.01% |
293,150
+58,786
| +25% | +$53.5K |
|
3736
Brilliant Earth
BRLT
$21.6M
| $354K | ﹤0.01% |
118,251
+7,351
| +7% | +$22.4K |
|
3737
Envoy Medical
COCH
$51.7M
| $353K | ﹤0.01% |
89,976
+32,647
| +57% | +$95.6K |
|
|
EGIO
3738
DELISTED
Edgio, Inc. Common Stock
EGIO
| $353K | ﹤0.01% |
36,536
+137
| +0.4% | +$1.31K |
|
3739
Goldgroup Mining Inc.
GORO
$191M
| $352K | ﹤0.01% |
809,641
| – | – |
|
3740
Intercorp Financial Services
IFS
$6.55B
| $351K | ﹤0.01% |
+14,755
| New | +$373K |
|
|
OPRA
3741
Opera Ltd
OPRA
$1.79B
| $350K | ﹤0.01% |
22,109
| – | – |
|
3742
Unicycive Therapeutics
UNCY
$139M
| $349K | ﹤0.01% |
25,319
+8,406
| +50% | +$102K |
|
3743
Broadway Financial
BYFC
$103M
| $348K | ﹤0.01% |
63,161
+406
| +0.6% | +$2.48K |
|
3744
Altisource Portfolio Solutions
ASPS
$65.8M
| $348K | ﹤0.01% |
22,417
+1,240
| +6% | +$27.5K |
|
|
ACCS
3745
ACCESS Newswire
ACCS
$26.2M
| $348K | ﹤0.01% |
26,898
+949
| +4% | +$14K |
|
3746
Red Cat Holdings
RCAT
$1.4B
| $346K | ﹤0.01% |
452,147
+139,237
| +44% | +$103K |
|
3747
Hycroft Mining Holding Corp
HYMC
$2.47B
| $344K | ﹤0.01% |
155,739
+10,922
| +8% | +$23.6K |
|
|
FINV
3748
FinVolution Group
FINV
$1.15B
| $343K | ﹤0.01% |
68,107
+6,800
| +11% | +$33.5K |
|
|
VCSA
3749
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $343K | ﹤0.01% |
50,235
+561
| +1% | +$4.57K |
|
3750
Endava
DAVA
$156M
| $342K | ﹤0.01% |
8,684
+3,838
| +79% | +$231K |
|
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.