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 | |
|---|---|---|---|---|---|---|
2151
Byline Bancorp
BY
$1.79B
| $13.6M | ﹤0.01% |
576,775
+22,978
| +4% | +$476K |
|
2152
Mercantile Bank Corp
MBWM
$1.05B
| $13.6M | ﹤0.01% |
335,905
+13,892
| +4% | +$486K |
|
2153
Montauk Renewables
MNTK
$245M
| $13.6M | ﹤0.01% |
1,521,669
+55,701
| +4% | +$521K |
|
2154
MacroGenics
MGNX
$243M
| $13.5M | ﹤0.01% |
1,404,068
+84,068
| +6% | +$581K |
|
|
UHT
2155
Universal Health Realty Income Trust
UHT
$594M
| $13.5M | ﹤0.01% |
311,631
+14,471
| +5% | +$590K |
|
2156
Horizon Bancorp
HBNC
$1.06B
| $13.4M | ﹤0.01% |
938,487
+47,141
| +5% | +$532K |
|
2157
Altimmune
ALT
$583M
| $13.4M | ﹤0.01% |
1,193,528
+140,192
| +13% | +$585K |
|
2158
RPC Inc
RES
$1.27B
| $13.4M | ﹤0.01% |
1,844,064
+106,042
| +6% | +$830K |
|
2159
Fulgent Genetics
FLGT
$495M
| $13.4M | ﹤0.01% |
462,760
+20,070
| +5% | +$537K |
|
2160
First Community Bankshares
FCBC
$906M
| $13.4M | ﹤0.01% |
360,354
+8,220
| +2% | +$276K |
|
|
FPI
2161
Farmland Partners
FPI
$415M
| $13.4M | ﹤0.01% |
1,070,971
+87,205
| +9% | +$1.01M |
|
|
HTBK
2162
DELISTED
Heritage Commerce
HTBK
| $13.3M | ﹤0.01% |
1,345,148
+60,073
| +5% | +$529K |
|
2163
Hackett Group
HCKT
$283M
| $13.3M | ﹤0.01% |
585,859
+28,786
| +5% | +$652K |
|
2164
Blue Bird Corp
BLBD
$2.38B
| $13.3M | ﹤0.01% |
494,582
+102,784
| +26% | +$2.12M |
|
2165
Baidu
BIDU
$38.2B
| $13.3M | ﹤0.01% |
111,685
-1,703
| -2% | -$197K |
|
2166
OmniAb
OABI
$288M
| $13.3M | ﹤0.01% |
2,151,555
+74,457
| +4% | +$366K |
|
2167
Disc Medicine
IRON
$2.99B
| $13.3M | ﹤0.01% |
229,419
+15,021
| +7% | +$769K |
|
2168
Ennis
EBF
$553M
| $13.2M | ﹤0.01% |
603,985
+27,621
| +5% | +$595K |
|
|
GOOD
2169
Gladstone Commercial Corp
GOOD
$594M
| $13.2M | ﹤0.01% |
998,822
+48,395
| +5% | +$606K |
|
|
CFB
2170
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $13.2M | ﹤0.01% |
972,429
+56,529
| +6% | +$647K |
|
2171
Yext
YEXT
$579M
| $13.2M | ﹤0.01% |
2,240,593
+112,979
| +5% | +$695K |
|
2172
Ceco Environmental
CECO
$4.15B
| $13.2M | ﹤0.01% |
650,714
+31,050
| +5% | +$566K |
|
2173
SSR Mining
SSRM
$5.72B
| $13.2M | ﹤0.01% |
1,225,809
+8,016
| +0.7% | +$97.4K |
|
2174
Business First Bancshares
BFST
$1.04B
| $13.2M | ﹤0.01% |
533,991
+23,308
| +5% | +$484K |
|
2175
iQIYI
IQ
$1.26B
| $13.2M | ﹤0.01% |
2,712,467
+103,436
| +4% | +$489K |
|
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.