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 | |
|---|---|---|---|---|---|---|
|
CPE
1476
DELISTED
Callon Petroleum Company
CPE
| $40.4M | ﹤0.01% |
1,246,812
+55,569
| +5% | +$1.9M |
|
1477
Hillman Solutions
HLMN
$1.54B
| $40.3M | ﹤0.01% |
4,370,182
+197,130
| +5% | +$1.5M |
|
1478
Dana Inc
DAN
$2.9B
| $40.2M | ﹤0.01% |
2,751,461
+129,191
| +5% | +$1.71M |
|
1479
Laureate Education
LAUR
$5.28B
| $40.1M | ﹤0.01% |
2,928,085
+134,160
| +5% | +$1.84M |
|
1480
Construction Partners
ROAD
$5.84B
| $40.1M | ﹤0.01% |
922,051
+41,866
| +5% | +$1.72M |
|
1481
United Parks & Resorts
PRKS
$2.1B
| $40M | ﹤0.01% |
757,637
+31,905
| +4% | +$1.52M |
|
1482
Renasant Corp
RNST
$3.98B
| $40M | ﹤0.01% |
1,188,260
+8,515
| +0.7% | +$239K |
|
1483
Plug Power
PLUG
$2.87B
| $39.9M | ﹤0.01% |
8,873,011
+396,417
| +5% | +$2.08M |
|
1484
Vestis
VSTS
$1.91B
| $39.9M | ﹤0.01% |
1,887,198
-34,994
| -2% | -$601K |
|
1485
Brinker International
EAT
$9.17B
| $39.8M | ﹤0.01% |
921,809
+44,040
| +5% | +$1.58M |
|
1486
Standex International
SXI
$3.59B
| $39.7M | ﹤0.01% |
250,516
+12,551
| +5% | +$1.81M |
|
1487
Viasat
VSAT
$10.6B
| $39.6M | ﹤0.01% |
1,417,221
+42,528
| +3% | +$889K |
|
1488
Viking Therapeutics
VKTX
$3.7B
| $39.6M | ﹤0.01% |
2,128,343
+101,555
| +5% | +$1.33M |
|
1489
Scorpio Tankers
STNG
$3.9B
| $39.6M | ﹤0.01% |
650,532
-6,570
| -1% | -$370K |
|
1490
Allegro MicroSystems
ALGM
$7.73B
| $39.5M | ﹤0.01% |
1,305,511
+49,748
| +4% | +$1.42M |
|
1491
Edgewell Personal Care
EPC
$1.25B
| $39.5M | ﹤0.01% |
1,078,366
+37,581
| +4% | +$1.33M |
|
1492
Sylvamo
SLVM
$1.49B
| $39.5M | ﹤0.01% |
804,271
+32,478
| +4% | +$1.52M |
|
|
HCP
1493
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $39.5M | ﹤0.01% |
1,669,073
+153,699
| +10% | +$3.33M |
|
1494
Lumen
LUMN
$6.57B
| $39.4M | ﹤0.01% |
21,553,639
+999,920
| +5% | +$1.42M |
|
|
DVAX
1495
DELISTED
Dynavax Technologies
DVAX
| $39.4M | ﹤0.01% |
2,820,898
+120,062
| +4% | +$1.67M |
|
|
DOOR
1496
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $39.3M | ﹤0.01% |
463,797
+21,614
| +5% | +$1.87M |
|
1497
Huazhu Hotels Group
HTHT
$13.1B
| $39.1M | ﹤0.01% |
1,175,977
+25,168
| +2% | +$900K |
|
1498
Procept Biorobotics
PRCT
$1.06B
| $39M | ﹤0.01% |
931,491
+89,286
| +11% | +$3.04M |
|
1499
MaxLinear
MXL
$6.06B
| $39M | ﹤0.01% |
1,640,332
-22,527
| -1% | -$441K |
|
1500
Federal Agricultural Mortgage
AGM
$2.47B
| $38.7M | ﹤0.01% |
202,536
+9,223
| +5% | +$1.5M |
|
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.