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 | |
|---|---|---|---|---|---|---|
1176
BGC Group
BGC
$4.89B
| $65.2M | 0.01% |
8,392,960
+224,018
| +3% | +$1.66M |
|
1177
Vishay Intertechnology
VSH
$5.43B
| $65.1M | 0.01% |
2,870,481
+75,929
| +3% | +$1.69M |
|
1178
MGE Energy Inc
MGEE
$3.08B
| $65.1M | 0.01% |
826,792
+24,326
| +3% | +$1.7M |
|
1179
Red Rock Resorts
RRR
$3.62B
| $65M | 0.01% |
1,087,162
+29,827
| +3% | +$1.65M |
|
|
SPR
1180
DELISTED
Spirit AeroSystems
SPR
| $64.7M | 0.01% |
1,794,185
+133,139
| +8% | +$4.04M |
|
1181
Helen of Troy
HELE
$693M
| $64.5M | 0.01% |
559,291
+20,052
| +4% | +$2.4M |
|
|
ARCH
1182
DELISTED
Arch Resources, Inc.
ARCH
| $64.3M | 0.01% |
400,139
+10,738
| +3% | +$1.83M |
|
1183
Remitly
RELY
$5.14B
| $64.3M | 0.01% |
3,099,404
+126,285
| +4% | +$2.4M |
|
1184
Cogent Communications
CCOI
$508M
| $64M | 0.01% |
979,557
+15,053
| +2% | +$1.1M |
|
1185
Frontdoor
FTDR
$6.26B
| $63.8M | 0.01% |
1,957,145
+86,791
| +5% | +$2.81M |
|
1186
Roivant Sciences
ROIV
$26.2B
| $63.7M | 0.01% |
6,046,846
+522,270
| +9% | +$5.63M |
|
1187
Skywest
SKYW
$4.34B
| $63.7M | 0.01% |
921,983
+27,630
| +3% | +$1.64M |
|
1188
Kulicke & Soffa
KLIC
$4.78B
| $63.7M | 0.01% |
1,265,111
+32,161
| +3% | +$1.61M |
|
1189
Yelp
YELP
$1.41B
| $63.7M | 0.01% |
1,615,415
+73,812
| +5% | +$3.06M |
|
1190
Genworth Financial
GNW
$3.71B
| $63.6M | 0.01% |
9,883,185
+86,404
| +0.9% | +$541K |
|
1191
LXP Industrial Trust
LXP
$3.57B
| $63.4M | 0.01% |
1,406,276
+32,000
| +2% | +$1.45M |
|
1192
Silgan Holdings
SLGN
$4.41B
| $63.4M | 0.01% |
1,304,314
-59,625
| -4% | -$2.65M |
|
1193
Albany International
AIN
$1.78B
| $63.3M | 0.01% |
676,513
+17,418
| +3% | +$1.6M |
|
1194
Sensient Technologies
SXT
$5.53B
| $62.8M | 0.01% |
908,192
+20,389
| +2% | +$1.32M |
|
1195
Chemours
CC
$2.37B
| $62.8M | 0.01% |
2,391,034
+102,255
| +4% | +$2.91M |
|
1196
WSFS Financial
WSFS
$4.15B
| $62.7M | 0.01% |
1,389,097
+28,438
| +2% | +$1.24M |
|
1197
Teradata
TDC
$2.55B
| $62.6M | 0.01% |
1,618,727
+67,694
| +4% | +$2.85M |
|
1198
Ultragenyx Pharmaceutical
RARE
$2.55B
| $62.6M | 0.01% |
1,339,826
+56,204
| +4% | +$2.65M |
|
|
ENV
1199
DELISTED
ENVESTNET, INC.
ENV
| $62.5M | 0.01% |
1,079,870
+32,496
| +3% | +$1.7M |
|
1200
HUB Group
HUBG
$2.92B
| $62.2M | 0.01% |
1,438,938
+40,742
| +3% | +$1.78M |
|
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.