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 | |
|---|---|---|---|---|---|---|
1851
Origin Bancorp
OBK
$1.7B
| $22M | ﹤0.01% |
619,571
+24,943
| +4% | +$791K |
|
1852
Ameresco
AMRC
$1.22B
| $22M | ﹤0.01% |
694,378
+34,934
| +5% | +$1.05M |
|
|
EVBG
1853
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $21.9M | ﹤0.01% |
900,466
+47,579
| +6% | +$1.03M |
|
1854
Arcus Biosciences
RCUS
$3.5B
| $21.8M | ﹤0.01% |
1,142,169
+64,576
| +6% | +$1.03M |
|
1855
Alkami Technology
ALKT
$2.04B
| $21.8M | ﹤0.01% |
899,026
+56,291
| +7% | +$1.17M |
|
1856
Protolabs
PRLB
$1.91B
| $21.8M | ﹤0.01% |
559,565
+23,748
| +4% | +$769K |
|
1857
John B. Sanfilippo & Son
JBSS
$987M
| $21.8M | ﹤0.01% |
211,385
+9,296
| +5% | +$912K |
|
1858
Employers Holdings
EIG
$913M
| $21.7M | ﹤0.01% |
551,653
+6,947
| +1% | +$270K |
|
1859
PDF Solutions
PDFS
$2.01B
| $21.7M | ﹤0.01% |
674,873
+31,980
| +5% | +$970K |
|
1860
Viridian Therapeutics
VRDN
$2.1B
| $21.7M | ﹤0.01% |
994,468
+135,373
| +16% | +$2.14M |
|
1861
Quanex
NX
$883M
| $21.6M | ﹤0.01% |
706,469
+30,030
| +4% | +$886K |
|
|
DCH
1862
Dauch Corp
DCH
$1.37B
| $21.6M | ﹤0.01% |
2,449,531
+108,769
| +5% | +$804K |
|
1863
Scansource
SCSC
$1.16B
| $21.6M | ﹤0.01% |
544,145
+24,598
| +5% | +$827K |
|
|
SP
1864
DELISTED
SP Plus Corporation
SP
| $21.5M | ﹤0.01% |
420,241
+16,553
| +4% | +$830K |
|
1865
Hain Celestial
HAIN
$45.2M
| $21.5M | ﹤0.01% |
1,964,426
+95,815
| +5% | +$1.03M |
|
|
LGF.B
1866
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $21.5M | ﹤0.01% |
2,109,984
+128,300
| +6% | +$1.1M |
|
1867
Pliant Therapeutics
PLRX
$64.4M
| $21.5M | ﹤0.01% |
1,187,198
+60,984
| +5% | +$927K |
|
|
ATSG
1868
DELISTED
Air Transport Services Group
ATSG
| $21.5M | ﹤0.01% |
1,220,711
+18,431
| +2% | +$328K |
|
1869
Dime Commercial Bancshares
DCOM
$1.82B
| $21.5M | ﹤0.01% |
797,341
+45,647
| +6% | +$977K |
|
1870
Scholar Rock
SRRK
$5.51B
| $21.5M | ﹤0.01% |
1,141,547
+288,475
| +34% | +$3.59M |
|
1871
InMode
INMD
$883M
| $21.4M | ﹤0.01% |
962,448
+54,853
| +6% | +$1.23M |
|
1872
Beazer Homes USA
BZH
$896M
| $21.4M | ﹤0.01% |
633,305
+29,265
| +5% | +$800K |
|
|
BRSP
1873
BrightSpire Capital
BRSP
$650M
| $21.4M | ﹤0.01% |
2,874,607
+132,153
| +5% | +$862K |
|
1874
Mercury Insurance
MCY
$5.97B
| $21.4M | ﹤0.01% |
572,495
+25,123
| +5% | +$871K |
|
1875
Navitas Semiconductor
NVTS
$3.03B
| $21.4M | ﹤0.01% |
2,645,791
+165,195
| +7% | +$1.11M |
|
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.