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 | |
|---|---|---|---|---|---|---|
1626
Dillards
DDS
$9.19B
| $32.1M | ﹤0.01% |
79,632
+3,608
| +5% | +$1.22M |
|
1627
Alphatec Holdings
ATEC
$1.46B
| $32M | ﹤0.01% |
2,120,801
+372,022
| +21% | +$4.45M |
|
1628
Dorian LPG
LPG
$2.03B
| $32M | ﹤0.01% |
729,562
+64,484
| +10% | +$2.4M |
|
1629
Harmonic Inc
HLIT
$1.25B
| $32M | ﹤0.01% |
2,454,301
+113,149
| +5% | +$1.21M |
|
1630
Brady Corp
BRC
$4.44B
| $32M | ﹤0.01% |
545,043
+8,623
| +2% | +$476K |
|
1631
Hope Bancorp
HOPE
$1.79B
| $32M | ﹤0.01% |
2,645,269
+114,229
| +5% | +$1.14M |
|
1632
Cinemark Holdings
CNK
$4.24B
| $31.9M | ﹤0.01% |
2,264,492
+86,379
| +4% | +$1.34M |
|
1633
Hawkins
HWKN
$2.67B
| $31.8M | ﹤0.01% |
451,697
+52,178
| +13% | +$3.25M |
|
1634
Talos Energy
TALO
$2.53B
| $31.8M | ﹤0.01% |
2,235,201
+80,331
| +4% | +$1.17M |
|
1635
Cimpress
CMPR
$2.39B
| $31.7M | ﹤0.01% |
396,512
+17,330
| +5% | +$1.21M |
|
|
BRSL
1636
Brightstar Lottery PLC
BRSL
$1.84B
| $31.7M | ﹤0.01% |
1,158,087
+64,618
| +6% | +$1.81M |
|
|
LTC
1637
LTC Properties
LTC
$2.06B
| $31.7M | ﹤0.01% |
986,219
+41,585
| +4% | +$1.34M |
|
1638
Certara
CERT
$1.26B
| $31.6M | ﹤0.01% |
1,798,775
+63,326
| +4% | +$928K |
|
1639
Helios Technologies
HLIO
$2.57B
| $31.5M | ﹤0.01% |
694,098
+37,197
| +6% | +$1.72M |
|
1640
G-III Apparel Group
GIII
$1.54B
| $31.5M | ﹤0.01% |
926,311
+38,512
| +4% | +$1.08M |
|
1641
Oxford Industries
OXM
$566M
| $31.4M | ﹤0.01% |
314,255
+15,964
| +5% | +$1.48M |
|
1642
Helix Energy Solutions
HLX
$1.4B
| $31.3M | ﹤0.01% |
3,041,259
+136,846
| +5% | +$1.36M |
|
1643
Stock Yards Bancorp
SYBT
$2.64B
| $31.2M | ﹤0.01% |
606,401
+21,848
| +4% | +$972K |
|
1644
Fluence Energy
FLNC
$1.85B
| $31.2M | ﹤0.01% |
1,308,417
+415,859
| +47% | +$8.76M |
|
1645
Payoneer
PAYO
$2.42B
| $31.2M | ﹤0.01% |
5,982,645
+329,980
| +6% | +$1.82M |
|
1646
CTS Corp
CTS
$1.83B
| $31M | ﹤0.01% |
709,780
+25,526
| +4% | +$1.03M |
|
1647
Claros Mortgage Trust
CMTG
$250M
| $31M | ﹤0.01% |
2,276,612
+111,426
| +5% | +$1.33M |
|
1648
Semtech
SMTC
$11B
| $31M | ﹤0.01% |
1,415,928
+61,929
| +5% | +$1.15M |
|
|
DEA
1649
Easterly Government Properties
DEA
$1.13B
| $31M | ﹤0.01% |
922,708
+58,882
| +7% | +$1.74M |
|
|
LSXMA
1650
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $31M | ﹤0.01% |
1,077,794
+36,239
| +3% | +$949K |
|
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.