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 | |
|---|---|---|---|---|---|---|
2076
Amylyx Pharmaceuticals
AMLX
$2.24B
| $15.2M | ﹤0.01% |
1,030,716
+48,648
| +5% | +$746K |
|
2077
PubMatic
PUBM
$602M
| $15.2M | ﹤0.01% |
930,042
+38,066
| +4% | +$552K |
|
|
CWEN.A
2078
DELISTED
Clearway Energy Class A
CWEN.A
| $15.2M | ﹤0.01% |
592,888
+52,463
| +10% | +$1.15M |
|
2079
Heartland Express
HTLD
$949M
| $15.2M | ﹤0.01% |
1,062,347
+45,080
| +4% | +$617K |
|
2080
DHT Holdings
DHT
$2.98B
| $15.1M | ﹤0.01% |
1,543,870
+78,033
| +5% | +$803K |
|
2081
Genco Shipping & Trading
GNK
$1.14B
| $15.1M | ﹤0.01% |
912,469
+47,604
| +6% | +$692K |
|
2082
Myers Industries
MYE
$1.38B
| $15.1M | ﹤0.01% |
770,767
+34,454
| +5% | +$613K |
|
2083
Ducommun
DCO
$2.76B
| $15M | ﹤0.01% |
289,039
+14,874
| +5% | +$726K |
|
2084
Gogo Inc
GOGO
$606M
| $15M | ﹤0.01% |
1,481,337
+58,459
| +4% | +$620K |
|
2085
TFS Financial
TFSL
$5.17B
| $15M | ﹤0.01% |
1,020,497
+28,856
| +3% | +$373K |
|
2086
Thryv Holdings
THRY
$189M
| $15M | ﹤0.01% |
735,367
+38,698
| +6% | +$727K |
|
2087
Repay Holdings
RPAY
$343M
| $15M | ﹤0.01% |
1,751,876
+103,567
| +6% | +$730K |
|
2088
Artivion
AORT
$1.33B
| $15M | ﹤0.01% |
836,414
+37,981
| +5% | +$591K |
|
2089
QuinStreet
QNST
$897M
| $15M | ﹤0.01% |
1,166,478
+59,577
| +5% | +$671K |
|
|
GOGL
2090
DELISTED
Golden Ocean Group
GOGL
| $14.9M | ﹤0.01% |
1,527,362
+65,933
| +5% | +$549K |
|
2091
Clean Energy Fuels
CLNE
$410M
| $14.9M | ﹤0.01% |
3,891,662
+178,586
| +5% | +$651K |
|
|
CHUY
2092
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $14.9M | ﹤0.01% |
388,739
+13,008
| +3% | +$456K |
|
2093
Community Trust Bancorp
CTBI
$1.43B
| $14.8M | ﹤0.01% |
338,000
+14,920
| +5% | +$589K |
|
2094
Amneal Pharmaceuticals
AMRX
$6.02B
| $14.8M | ﹤0.01% |
2,439,247
+119,037
| +5% | +$530K |
|
2095
CRA International
CRAI
$1.16B
| $14.8M | ﹤0.01% |
149,605
+6,815
| +5% | +$661K |
|
2096
Wolverine World Wide
WWW
$1.62B
| $14.8M | ﹤0.01% |
1,661,418
+83,188
| +5% | +$707K |
|
2097
Opko Health
OPK
$978M
| $14.7M | ﹤0.01% |
9,719,368
+589,076
| +6% | +$852K |
|
2098
Centrus Energy
LEU
$3.63B
| $14.7M | ﹤0.01% |
269,564
+14,181
| +6% | +$742K |
|
2099
Perimeter Solutions
PRM
$4.99B
| $14.6M | ﹤0.01% |
3,178,705
+103,197
| +3% | +$396K |
|
2100
AdaptHealth
AHCO
$1.47B
| $14.6M | ﹤0.01% |
2,002,692
+94,414
| +5% | +$744K |
|
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.