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 |
NVIDIA
NVDA
|
+$1.81B |
| 2 |
Microsoft
MSFT
|
+$1.34B |
| 3 |
Apple
AAPL
|
+$1.25B |
| 4 |
Amazon
AMZN
|
+$1.17B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$480M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPLK
Splunk Inc
SPLK
|
+$373M |
| 2 |
Amgen
AMGN
|
+$204M |
| 3 |
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
|
+$180M |
| 4 |
IMGN
Immunogen Inc
IMGN
|
+$160M |
| 5 |
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.47% |
| 2 | Financials | 12.91% |
| 3 | Healthcare | 12.22% |
| 4 | Consumer Discretionary | 10.6% |
| 5 | Industrials | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRSU
2001
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $17.6M | ﹤0.01% |
445,026
+11,655
| +3% | +$406K |
|
2002
Amplitude
AMPL
$1.41B
| $17.6M | ﹤0.01% |
1,612,833
+64,119
| +4% | +$787K |
|
2003
Ethan Allen Interiors
ETD
$603M
| $17.5M | ﹤0.01% |
507,341
+12,049
| +2% | +$377K |
|
2004
Mirum Pharmaceuticals
MIRM
$6.14B
| $17.5M | ﹤0.01% |
697,139
+15,959
| +2% | +$439K |
|
2005
Flex
FLEX
$44.8B
| $17.4M | ﹤0.01% |
609,803
-104,175
| -15% | -$2.73M |
|
2006
Bank First Corp
BFC
$1.7B
| $17.4M | ﹤0.01% |
201,065
+4,647
| +2% | +$393K |
|
2007
Life Time Group Holdings
LTH
$9.79B
| $17.4M | ﹤0.01% |
1,122,012
+26,446
| +2% | +$367K |
|
2008
Embecta
EMBC
$262M
| $17.4M | ﹤0.01% |
1,308,062
+19,664
| +2% | +$305K |
|
|
AHRT
2009
AH Realty Trust
AHRT
$517M
| $17.4M | ﹤0.01% |
1,668,278
+18,881
| +1% | +$214K |
|
|
LBAI
2010
DELISTED
Lakeland Bancorp Inc
LBAI
| $17.3M | ﹤0.01% |
1,430,022
+27,067
| +2% | +$347K |
|
2011
SFL Corp
SFL
$1.61B
| $17.3M | ﹤0.01% |
1,309,198
+39,737
| +3% | +$500K |
|
2012
Compass Diversified
CODI
$828M
| $17.3M | ﹤0.01% |
716,797
+9,768
| +1% | +$223K |
|
2013
Ameresco
AMRC
$1.36B
| $17.2M | ﹤0.01% |
713,535
+19,157
| +3% | +$429K |
|
2014
EyePoint Inc
EYPT
$1.2B
| $17.2M | ﹤0.01% |
832,637
+150,220
| +22% | +$3.72M |
|
2015
Teekay Tankers
TNK
$2.68B
| $17.2M | ﹤0.01% |
294,242
+8,304
| +3% | +$469K |
|
2016
Vertex
VERX
$1.94B
| $17.2M | ﹤0.01% |
540,932
+22,163
| +4% | +$598K |
|
|
HAYN
2017
DELISTED
Haynes International, Inc.
HAYN
| $17.2M | ﹤0.01% |
285,610
+4,391
| +2% | +$253K |
|
2018
Thryv Holdings
THRY
$108M
| $17.2M | ﹤0.01% |
772,140
+36,773
| +5% | +$762K |
|
|
FBMS
2019
DELISTED
The First Bancshares, Inc.
FBMS
| $17M | ﹤0.01% |
656,431
+15,305
| +2% | +$393K |
|
|
INN
2020
Summit Hotel Properties
INN
$700M
| $17M | ﹤0.01% |
2,614,653
+42,958
| +2% | +$280K |
|
2021
Archer Aviation
ACHR
$4.26B
| $17M | ﹤0.01% |
3,683,598
+92,999
| +3% | +$467K |
|
|
REVG
2022
DELISTED
REV Group
REVG
| $17M | ﹤0.01% |
768,004
+98,845
| +15% | +$1.85M |
|
|
ETWO
2023
DELISTED
E2open Parent Holdings
ETWO
| $17M | ﹤0.01% |
3,817,845
+116,792
| +3% | +$472K |
|
|
AMK
2024
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $16.9M | ﹤0.01% |
477,311
+4,937
| +1% | +$161K |
|
2025
Cytek Biosciences
CTKB
$546M
| $16.8M | ﹤0.01% |
2,508,016
+51,481
| +2% | +$407K |
|
Similar funds
Geode Capital Management's Q1 2024 Portfolio in Review
As of Q1 2024, Geode Capital Management held 4,738 positions worth $1.08T, up 13% from $956B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Geode Capital Management deployed $32.6B of net new capital in Q1 2024, opening 85 new positions and adding to 3,720 existing holdings. Its largest new stake was Solventum: 2,733,775 shares worth $0.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Amgen, an estimated $204M trimmed.
- Geode Capital Management's largest Q1 2024 buy was Solventum: 2,733,775 shares worth $0.
- Geode Capital Management added most to NVIDIA in Q1 2024, an estimated $1.81B increase.
- Geode Capital Management's biggest Q1 2024 reduction was Amgen, cutting an estimated $204M.
- Geode Capital Management fully exited Splunk Inc in Q1 2024, selling an estimated $373M.
- Geode Capital Management's ten largest holdings make up 28% of its $1.08T portfolio in Q1 2024.
- Geode Capital Management opened 85 new positions and closed 123 in Q1 2024.
- Geode Capital Management's portfolio value rose 13% quarter-over-quarter to $1.08T.
Based on Geode Capital Management's 13F filing for Q1 2024, filed 13 May 2024.