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 | |
|---|---|---|---|---|---|---|
1076
Yelp
YELP
$1.45B
| $73M | 0.01% |
1,541,603
+178,082
| +13% | +$7.86M |
|
1077
Innospec
IOSP
$2.12B
| $72.9M | 0.01% |
591,737
+26,148
| +5% | +$2.78M |
|
1078
GameStop
GME
$9.75B
| $72.6M | 0.01% |
4,139,268
+142,865
| +4% | +$2.1M |
|
1079
Chemours
CC
$2.5B
| $72.2M | 0.01% |
2,288,779
+69,790
| +3% | +$1.89M |
|
1080
AeroVironment
AVAV
$7.56B
| $72M | 0.01% |
571,356
+28,544
| +5% | +$3.49M |
|
1081
Coty
COTY
$2.42B
| $71.9M | 0.01% |
5,790,214
+374,303
| +7% | +$4.04M |
|
1082
iRhythm Holdings
IRTC
$3.85B
| $71.9M | 0.01% |
671,439
+33,661
| +5% | +$2.93M |
|
1083
Hanover Insurance
THG
$8.1B
| $71.8M | 0.01% |
591,504
+13,614
| +2% | +$1.62M |
|
|
GMS
1084
DELISTED
GMS Inc
GMS
| $71.6M | 0.01% |
868,021
+36,423
| +4% | +$2.44M |
|
1085
News Corp Class B
NWS
$16.9B
| $71.6M | 0.01% |
2,785,626
+28,695
| +1% | +$649K |
|
1086
Kirby Corp
KEX
$7.01B
| $71.5M | 0.01% |
910,816
+19,465
| +2% | +$1.52M |
|
1087
MasTec
MTZ
$21.1B
| $71.4M | 0.01% |
942,717
+30,695
| +3% | +$1.92M |
|
1088
Arrowhead Research
ARWR
$11.9B
| $71.2M | 0.01% |
2,326,876
+108,623
| +5% | +$2.88M |
|
1089
Spire
SR
$4.72B
| $71.1M | 0.01% |
1,140,945
+46,662
| +4% | +$2.78M |
|
1090
Alight
ALIT
$447M
| $71.1M | 0.01% |
416,723
+29,196
| +8% | +$4.32M |
|
1091
NorthWestern Energy
NWE
$4.23B
| $71.1M | 0.01% |
1,396,887
+85,649
| +7% | +$4.28M |
|
1092
SLM Corp
SLM
$4.89B
| $71M | 0.01% |
3,712,698
+93,353
| +3% | +$1.41M |
|
|
MDC
1093
DELISTED
M.D.C. Holdings, Inc.
MDC
| $71M | 0.01% |
1,284,136
+73,636
| +6% | +$3.26M |
|
|
CYBR
1094
DELISTED
CyberArk
CYBR
| $70.9M | 0.01% |
324,760
+11,650
| +4% | +$2.16M |
|
1095
Cathay General Bancorp
CATY
$4.22B
| $70.8M | 0.01% |
1,587,545
+68,904
| +5% | +$2.58M |
|
|
SFBS
1096
ServisFirst Bancshares
SFBS
$4.89B
| $70.7M | 0.01% |
1,061,560
+48,820
| +5% | +$2.64M |
|
1097
Marqeta
MQ
$1.83B
| $70.6M | 0.01% |
2,529,967
+72,124
| +3% | +$1.73M |
|
1098
Belden
BDC
$4.85B
| $70.6M | 0.01% |
914,284
-32,792
| -3% | -$2.44M |
|
1099
CONMED
CNMD
$1.39B
| $70.6M | 0.01% |
644,321
+30,924
| +5% | +$3.2M |
|
|
LTHM
1100
DELISTED
Livent Corporation
LTHM
| $70.5M | 0.01% |
3,921,244
+279,443
| +8% | +$4.35M |
|
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.