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 | |
|---|---|---|---|---|---|---|
1176
Fox Factory Holding Corp
FOXF
$755M
| $64.1M | 0.01% |
950,420
+44,050
| +5% | +$3.21M |
|
|
JHG
1177
DELISTED
Janus Henderson
JHG
| $64.1M | 0.01% |
2,125,475
+74,345
| +4% | +$1.92M |
|
1178
Bloom Energy
BE
$60.6B
| $64M | 0.01% |
4,326,561
+217,463
| +5% | +$2.72M |
|
1179
ESCO Technologies
ESE
$8.17B
| $63.9M | 0.01% |
545,821
+27,289
| +5% | +$2.87M |
|
1180
PENN Entertainment
PENN
$2.75B
| $63.9M | 0.01% |
2,453,847
+54,133
| +2% | +$1.26M |
|
1181
StoneCo
STNE
$2.77B
| $63.9M | 0.01% |
3,540,969
+150,491
| +4% | +$1.98M |
|
1182
Envista
NVST
$4.44B
| $63.8M | 0.01% |
2,652,124
+195,591
| +8% | +$4.67M |
|
1183
Freshpet
FRPT
$2.93B
| $63.8M | 0.01% |
735,199
+14,440
| +2% | +$989K |
|
1184
California Water Service
CWT
$3.1B
| $63.8M | 0.01% |
1,229,074
+58,471
| +5% | +$2.94M |
|
1185
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $63.7M | 0.01% |
2,307,979
+168,856
| +8% | +$3.68M |
|
1186
Shift4
FOUR
$4.2B
| $63.7M | 0.01% |
856,082
+32,049
| +4% | +$1.91M |
|
1187
Azenta
AZTA
$1.3B
| $63.6M | 0.01% |
975,487
-155
| -0% | -$8.41K |
|
1188
Krystal Biotech
KRYS
$10.1B
| $63.4M | 0.01% |
511,246
+28,011
| +6% | +$3.11M |
|
1189
LivaNova
LIVN
$4.4B
| $63.4M | 0.01% |
1,225,024
+49,807
| +4% | +$2.41M |
|
1190
ManpowerGroup
MAN
$2.44B
| $63.2M | 0.01% |
795,443
+8,718
| +1% | +$648K |
|
1191
NewMarket
NEU
$7.82B
| $63.2M | 0.01% |
115,749
+4,290
| +4% | +$2.16M |
|
1192
ABM Industries
ABM
$2.81B
| $63.1M | 0.01% |
1,407,835
+60,113
| +4% | +$2.54M |
|
1193
ArcBest
ARCB
$3.23B
| $63.1M | 0.01% |
524,875
-19,923
| -4% | -$2.21M |
|
1194
DigitalBridge
DBRG
$2.93B
| $62.6M | 0.01% |
3,571,345
+156,528
| +5% | +$2.58M |
|
1195
American States Water
AWR
$3.36B
| $62.6M | 0.01% |
778,338
+36,437
| +5% | +$2.92M |
|
1196
Huntsman Corp
HUN
$1.71B
| $62.6M | 0.01% |
2,490,364
+78,918
| +3% | +$1.92M |
|
1197
Axos Financial
AX
$5.77B
| $62.6M | 0.01% |
1,146,188
+28,683
| +3% | +$1.2M |
|
1198
WSFS Financial
WSFS
$4.12B
| $62.5M | 0.01% |
1,360,659
+56,894
| +4% | +$2.23M |
|
1199
AutoNation
AN
$7.11B
| $62.2M | 0.01% |
414,012
-7,581
| -2% | -$1.05M |
|
|
PPBI
1200
DELISTED
Pacific Premier Bancorp
PPBI
| $62.1M | 0.01% |
2,134,471
+83,950
| +4% | +$1.95M |
|
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.