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 | |
|---|---|---|---|---|---|---|
1451
Cushman & Wakefield Ltd
CWK
$3.14B
| $42.1M | ﹤0.01% |
3,895,658
+186,547
| +5% | +$1.55M |
|
1452
Dave & Buster's
PLAY
$377M
| $42M | ﹤0.01% |
779,605
+29,183
| +4% | +$1.18M |
|
|
ODP
1453
DELISTED
ODP
ODP
| $41.9M | ﹤0.01% |
744,778
+23,116
| +3% | +$1.1M |
|
1454
Mirion Technologies
MIR
$3.73B
| $41.9M | ﹤0.01% |
4,087,526
+211,695
| +5% | +$1.79M |
|
1455
Goosehead Insurance
GSHD
$2.2B
| $41.7M | ﹤0.01% |
549,673
+31,702
| +6% | +$2.29M |
|
1456
monday.com
MNDY
$3.68B
| $41.6M | ﹤0.01% |
222,501
+40,481
| +22% | +$6.52M |
|
1457
Highwoods Properties
HIW
$3.65B
| $41.5M | ﹤0.01% |
1,805,513
+57,819
| +3% | +$1.15M |
|
|
IBTX
1458
DELISTED
Independent Bank Group, Inc.
IBTX
| $41.4M | ﹤0.01% |
813,584
+36,993
| +5% | +$1.5M |
|
1459
HNI Corp
HNI
$3.24B
| $41.4M | ﹤0.01% |
988,530
+45,345
| +5% | +$1.73M |
|
1460
TFI International
TFII
$11.1B
| $41.3M | ﹤0.01% |
304,795
+23,905
| +9% | +$2.83M |
|
1461
Andersons Inc
ANDE
$2.41B
| $41.3M | ﹤0.01% |
716,848
+31,657
| +5% | +$1.64M |
|
1462
WesBanco
WSBC
$3.97B
| $41.2M | ﹤0.01% |
1,313,225
+57,328
| +5% | +$1.54M |
|
1463
ScottsMiracle-Gro
SMG
$3.82B
| $41.2M | ﹤0.01% |
645,996
+24,803
| +4% | +$1.34M |
|
1464
BancFirst
BANF
$3.79B
| $41.1M | ﹤0.01% |
422,691
+14,768
| +4% | +$1.29M |
|
|
STR
1465
DELISTED
Sitio Royalties
STR
| $41.1M | ﹤0.01% |
1,747,908
+98,031
| +6% | +$2.28M |
|
1466
Iovance Biotherapeutics
IOVA
$1.82B
| $41M | ﹤0.01% |
5,037,098
+287,687
| +6% | +$1.51M |
|
1467
Banner Corp
BANR
$2.39B
| $40.9M | ﹤0.01% |
764,325
+33,959
| +5% | +$1.56M |
|
1468
Park National Corp
PRK
$3.76B
| $40.8M | ﹤0.01% |
307,362
+14,443
| +5% | +$1.6M |
|
1469
Upwork
UPWK
$1.13B
| $40.8M | ﹤0.01% |
2,745,467
+158,959
| +6% | +$2.05M |
|
1470
MasterBrand
MBC
$1.06B
| $40.7M | ﹤0.01% |
2,738,479
+115,863
| +4% | +$1.49M |
|
1471
JetBlue
JBLU
$2.28B
| $40.6M | ﹤0.01% |
7,314,174
+377,738
| +5% | +$1.77M |
|
1472
InvenTrust Properties
IVT
$2.76B
| $40.6M | ﹤0.01% |
1,600,205
+71,641
| +5% | +$1.79M |
|
1473
MP Materials
MP
$7.36B
| $40.5M | ﹤0.01% |
2,039,389
+106,351
| +6% | +$1.81M |
|
1474
BOK Financial
BOKF
$8.58B
| $40.5M | ﹤0.01% |
472,590
+11,301
| +2% | +$852K |
|
1475
Acushnet Holdings
GOLF
$5.93B
| $40.5M | ﹤0.01% |
640,494
+21,400
| +3% | +$1.2M |
|
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.