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 | |
|---|---|---|---|---|---|---|
1126
SL Green Realty
SLG
$3.76B
| $68.3M | 0.01% |
1,512,602
+60,110
| +4% | +$2.22M |
|
1127
Perrigo
PRGO
$1.4B
| $68.2M | 0.01% |
2,119,259
+98,583
| +5% | +$2.95M |
|
1128
LXP Industrial Trust
LXP
$3.57B
| $68.2M | 0.01% |
1,374,276
+58,815
| +4% | +$2.57M |
|
1129
Progyny
PGNY
$2.44B
| $68.1M | 0.01% |
1,831,423
+96,557
| +6% | +$3.24M |
|
1130
Cavco Industries
CVCO
$4.22B
| $68.1M | 0.01% |
196,354
+5,867
| +3% | +$1.67M |
|
1131
Guardant Health
GH
$21.7B
| $68M | 0.01% |
2,513,703
+119,039
| +5% | +$3.12M |
|
1132
Westlake Corp
WLK
$9.03B
| $67.8M | 0.01% |
485,542
+11,403
| +2% | +$1.45M |
|
1133
Warrior Met Coal
HCC
$4.19B
| $67.8M | 0.01% |
1,112,131
+50,889
| +5% | +$2.69M |
|
1134
Cameco
CCJ
$37.6B
| $67.6M | 0.01% |
1,573,945
+46,829
| +3% | +$1.96M |
|
1135
Teradata
TDC
$2.92B
| $67.5M | 0.01% |
1,551,033
+34,345
| +2% | +$1.54M |
|
1136
Kulicke & Soffa
KLIC
$4.67B
| $67.5M | 0.01% |
1,232,950
-38,716
| -3% | -$1.88M |
|
|
GAP
1137
The Gap Inc
GAP
$7.23B
| $67.1M | 0.01% |
3,210,771
+106,267
| +3% | +$1.71M |
|
1138
InterDigital
IDCC
$7.87B
| $67.1M | 0.01% |
618,383
+61,404
| +11% | +$5.68M |
|
1139
Antero Midstream
AM
$10.4B
| $67M | 0.01% |
5,349,896
+201,950
| +4% | +$2.55M |
|
1140
Vishay Intertechnology
VSH
$5.25B
| $67M | 0.01% |
2,794,552
+114,122
| +4% | +$2.65M |
|
1141
Tanger
SKT
$4.67B
| $66.9M | 0.01% |
2,414,702
+100,721
| +4% | +$2.51M |
|
1142
Steven Madden
SHOO
$3.37B
| $66.9M | 0.01% |
1,591,753
+61,160
| +4% | +$2.22M |
|
1143
LCI Industries
LCII
$2.49B
| $66.7M | 0.01% |
530,800
+25,670
| +5% | +$2.95M |
|
1144
International Bancshares
IBOC
$4.76B
| $66.7M | 0.01% |
1,227,633
+50,524
| +4% | +$2.34M |
|
1145
MDU Resources
MDU
$4.17B
| $66.7M | 0.01% |
6,076,545
+162,712
| +3% | +$1.72M |
|
1146
Korn Ferry
KFY
$4.18B
| $66.6M | 0.01% |
1,121,405
+45,082
| +4% | +$2.3M |
|
1147
Corcept Therapeutics
CORT
$12.4B
| $66.4M | 0.01% |
2,045,646
+87,959
| +4% | +$2.42M |
|
|
JBTM
1148
JBT Marel
JBTM
$7.21B
| $66.3M | 0.01% |
666,781
+31,043
| +5% | +$3.22M |
|
1149
NIO
NIO
$12.2B
| $66.1M | 0.01% |
7,332,851
+226,791
| +3% | +$1.8M |
|
1150
Artisan Partners
APAM
$2.79B
| $65.9M | 0.01% |
1,491,317
+66,719
| +5% | +$2.52M |
|
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.