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 | |
|---|---|---|---|---|---|---|
2051
FuelCell Energy
FCEL
$1.71B
| $15.8M | ﹤0.01% |
329,646
+40,780
| +14% | +$1.56M |
|
2052
Ethan Allen Interiors
ETD
$598M
| $15.8M | ﹤0.01% |
495,292
-9,030
| -2% | -$259K |
|
2053
EyePoint Inc
EYPT
$1.04B
| $15.8M | ﹤0.01% |
682,417
+146,842
| +27% | +$1.64M |
|
2054
4D Molecular Therapeutics
FDMT
$527M
| $15.8M | ﹤0.01% |
778,162
+36,497
| +5% | +$480K |
|
|
BVH
2055
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $15.8M | ﹤0.01% |
209,733
+7,741
| +4% | +$451K |
|
|
VERV
2056
DELISTED
Verve Therapeutics
VERV
| $15.8M | ﹤0.01% |
1,130,163
+77,283
| +7% | +$958K |
|
2057
Aehr Test Systems
AEHR
$2.99B
| $15.7M | ﹤0.01% |
592,904
+53,970
| +10% | +$1.57M |
|
|
PRSU
2058
Pursuit Attractions and Hospitality Inc
PRSU
$1.41B
| $15.7M | ﹤0.01% |
433,371
+22,940
| +6% | +$695K |
|
2059
Insteel Industries
IIIN
$602M
| $15.7M | ﹤0.01% |
408,978
+18,695
| +5% | +$618K |
|
2060
REX American Resources
REX
$1.42B
| $15.6M | ﹤0.01% |
660,298
+33,116
| +5% | +$662K |
|
2061
Kelly Services Class A
KELYA
$520M
| $15.6M | ﹤0.01% |
722,222
+15,529
| +2% | +$308K |
|
|
OSG
2062
Octave Specialty Group
OSG
$255M
| $15.6M | ﹤0.01% |
946,179
+44,924
| +5% | +$625K |
|
2063
HealthStream
HSTM
$828M
| $15.6M | ﹤0.01% |
576,638
+20,038
| +4% | +$498K |
|
2064
Anavex Life Sciences
AVXL
$273M
| $15.5M | ﹤0.01% |
1,665,364
+92,396
| +6% | +$636K |
|
2065
CryoPort
CYRX
$781M
| $15.4M | ﹤0.01% |
996,251
+84,765
| +9% | +$1.11M |
|
|
NKLA
2066
DELISTED
Nikola Corporation Common Stock
NKLA
| $15.4M | ﹤0.01% |
587,597
+103,121
| +21% | +$3.2M |
|
2067
Nabors Industries
NBR
$1.25B
| $15.4M | ﹤0.01% |
188,745
+7,302
| +4% | +$708K |
|
|
ETNB
2068
DELISTED
89bio
ETNB
| $15.4M | ﹤0.01% |
1,377,710
+83,722
| +6% | +$770K |
|
2069
VinFast Auto
VFS
$7.28B
| $15.4M | ﹤0.01% |
1,838,281
+1,154,380
| +169% | +$7.92M |
|
|
MTTR
2070
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $15.3M | ﹤0.01% |
5,683,849
+471,100
| +9% | +$1.13M |
|
|
PRA
2071
DELISTED
ProAssurance
PRA
| $15.3M | ﹤0.01% |
1,107,546
+14,714
| +1% | +$225K |
|
2072
Pitney Bowes
PBI
$2.48B
| $15.3M | ﹤0.01% |
3,469,043
+166,110
| +5% | +$644K |
|
|
DX
2073
Dynex Capital
DX
$3.15B
| $15.3M | ﹤0.01% |
1,218,276
+112,927
| +10% | +$1.29M |
|
2074
Enviri
NVRI
$651M
| $15.2M | ﹤0.01% |
1,693,265
+86,410
| +5% | +$589K |
|
2075
Liberty Broadband Class A
LBRDA
$4.86B
| $15.2M | ﹤0.01% |
188,229
+2,873
| +2% | +$241K |
|
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.