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 | |
|---|---|---|---|---|---|---|
|
AYX
1401
DELISTED
Alteryx Inc
AYX
| $45.5M | ﹤0.01% |
964,216
+44,230
| +5% | +$1.72M |
|
1402
Southern Copper
SCCO
$143B
| $45.5M | ﹤0.01% |
573,301
+23,433
| +4% | +$1.63M |
|
1403
Kemper
KMPR
$1.67B
| $45.4M | ﹤0.01% |
932,727
+25,501
| +3% | +$1.12M |
|
1404
Alamo Group
ALG
$1.94B
| $45.4M | ﹤0.01% |
215,960
+10,894
| +5% | +$1.99M |
|
|
CCC
1405
CCC Intelligent Solutions
CCC
$3.59B
| $45.3M | ﹤0.01% |
3,972,569
+613,848
| +18% | +$7.16M |
|
1406
Archrock
AROC
$6.27B
| $45.2M | ﹤0.01% |
2,934,776
+126,291
| +4% | +$1.76M |
|
|
THS
1407
DELISTED
Treehouse Foods
THS
| $45.2M | ﹤0.01% |
1,090,284
+43,352
| +4% | +$1.78M |
|
1408
Pebblebrook Hotel Trust
PEB
$2.15B
| $45.1M | ﹤0.01% |
2,824,147
+81,688
| +3% | +$1.09M |
|
1409
OSI Systems
OSIS
$3.65B
| $45.1M | ﹤0.01% |
349,340
+21,101
| +6% | +$2.51M |
|
1410
Clearway Energy Class C
CWEN
$4.94B
| $44.9M | ﹤0.01% |
1,638,163
+3,733
| +0.2% | +$87.1K |
|
1411
Oceaneering
OII
$4.86B
| $44.9M | ﹤0.01% |
2,111,350
+97,138
| +5% | +$2.15M |
|
1412
AAR Corp
AIR
$5.59B
| $44.9M | ﹤0.01% |
718,957
+25,918
| +4% | +$1.66M |
|
1413
DigitalOcean
DOCN
$13.7B
| $44.7M | ﹤0.01% |
1,219,398
+40,333
| +3% | +$1.12M |
|
1414
Marriott Vacations Worldwide
VAC
$3.35B
| $44.6M | ﹤0.01% |
525,361
+5,046
| +1% | +$431K |
|
1415
PagerDuty
PD
$816M
| $44.6M | ﹤0.01% |
1,925,878
+119,694
| +7% | +$2.59M |
|
1416
Veracyte
VCYT
$3.7B
| $44.5M | ﹤0.01% |
1,616,765
+73,624
| +5% | +$1.78M |
|
1417
PTC Therapeutics
PTCT
$5.68B
| $44.4M | ﹤0.01% |
1,611,225
+89,396
| +6% | +$2.04M |
|
1418
Cohen & Steers
CNS
$4.23B
| $44.4M | ﹤0.01% |
585,582
+27,831
| +5% | +$1.67M |
|
1419
Celldex Therapeutics
CLDX
$2.99B
| $44.3M | ﹤0.01% |
1,117,994
+117,569
| +12% | +$3.46M |
|
1420
Kennametal
KMT
$2.59B
| $44.2M | ﹤0.01% |
1,713,133
+71,963
| +4% | +$1.73M |
|
|
AVDX
1421
DELISTED
AvidXchange
AVDX
| $44M | ﹤0.01% |
3,550,877
+183,026
| +5% | +$1.83M |
|
1422
MillerKnoll
MLKN
$1.53B
| $44M | ﹤0.01% |
1,648,428
+28,699
| +2% | +$732K |
|
1423
Vipshop
VIPS
$7.37B
| $44M | ﹤0.01% |
2,486,937
-24,347
| -1% | -$380K |
|
1424
RingCentral
RNG
$4.66B
| $43.9M | ﹤0.01% |
1,294,271
+68,289
| +6% | +$2.04M |
|
1425
New Fortress Energy
NFE
$92.1M
| $43.9M | ﹤0.01% |
1,162,764
+52,574
| +5% | +$1.81M |
|
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.