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 | |
|---|---|---|---|---|---|---|
1926
BCE
BCE
$20.3B
| $20M | ﹤0.01% |
468,157
+18,666
| +4% | +$723K |
|
1927
TechTarget
TTGT
$323M
| $19.9M | ﹤0.01% |
570,748
+23,953
| +4% | +$709K |
|
1928
Eagle Bancorp
EGBN
$849M
| $19.8M | ﹤0.01% |
656,624
+27,804
| +4% | +$657K |
|
1929
Southside Bancshares
SBSI
$972M
| $19.7M | ﹤0.01% |
629,982
+16,633
| +3% | +$484K |
|
|
DCPH
1930
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $19.7M | ﹤0.01% |
1,221,308
+84,701
| +7% | +$1.08M |
|
1931
Amplitude
AMPL
$1.26B
| $19.7M | ﹤0.01% |
1,548,714
+84,600
| +6% | +$939K |
|
|
DAWN
1932
DELISTED
Day One Biopharmaceuticals
DAWN
| $19.7M | ﹤0.01% |
1,348,819
+55,705
| +4% | +$675K |
|
|
FLNA
1933
Filana Therapeutics
FLNA
$49.8M
| $19.7M | ﹤0.01% |
873,996
+43,746
| +5% | +$924K |
|
|
CHS
1934
DELISTED
Chicos FAS, Inc.
CHS
| $19.6M | ﹤0.01% |
2,590,845
+106,744
| +4% | +$802K |
|
|
INFA
1935
DELISTED
Informatica
INFA
| $19.6M | ﹤0.01% |
691,445
+25,582
| +4% | +$615K |
|
|
MRC
1936
DELISTED
MRC Global
MRC
| $19.6M | ﹤0.01% |
1,782,928
+86,005
| +5% | +$901K |
|
|
LGF.A
1937
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $19.6M | ﹤0.01% |
1,796,390
+101,472
| +6% | +$923K |
|
1938
PC Connection
CNXN
$2.16B
| $19.6M | ﹤0.01% |
290,967
+12,143
| +4% | +$722K |
|
1939
A10 Networks
ATEN
$2.16B
| $19.6M | ﹤0.01% |
1,484,398
+91,413
| +7% | +$1.11M |
|
1940
FuboTV Inc
FUBO
$283M
| $19.5M | ﹤0.01% |
511,786
+24,023
| +5% | +$831K |
|
|
PFC
1941
DELISTED
Premier Financial Corp. Common Stock
PFC
| $19.5M | ﹤0.01% |
807,654
+31,619
| +4% | +$624K |
|
1942
AMERISAFE
AMSF
$564M
| $19.4M | ﹤0.01% |
415,440
+18,773
| +5% | +$937K |
|
1943
N-able
NABL
$953M
| $19.4M | ﹤0.01% |
1,465,735
+75,144
| +5% | +$953K |
|
1944
Lemonade
LMND
$4.1B
| $19.4M | ﹤0.01% |
1,201,523
+57,224
| +5% | +$862K |
|
|
HIBB
1945
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $19.3M | ﹤0.01% |
268,055
+7,335
| +3% | +$411K |
|
|
IAS
1946
DELISTED
Integral Ad Science
IAS
| $19.3M | ﹤0.01% |
1,341,159
+176,222
| +15% | +$2.36M |
|
1947
Editas Medicine
EDIT
$407M
| $19.3M | ﹤0.01% |
1,901,735
+93,756
| +5% | +$823K |
|
1948
SunCoke Energy
SXC
$714M
| $19.3M | ﹤0.01% |
1,793,229
+88,454
| +5% | +$843K |
|
1949
Sphere Entertainment
SPHR
$5.29B
| $19.2M | ﹤0.01% |
566,418
+34,982
| +7% | +$1.22M |
|
1950
Liberty Global Class A
LBTYA
$3.71B
| $19.2M | ﹤0.01% |
1,080,963
-43,986
| -4% | -$713K |
|
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.