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 | |
|---|---|---|---|---|---|---|
|
CLDT
2201
Chatham Lodging
CLDT
$620M
| $12.6M | ﹤0.01% |
1,174,908
+57,772
| +5% | +$577K |
|
2202
Seaboard Corp
SEB
$4.25B
| $12.6M | ﹤0.01% |
3,519
+24
| +0.7% | +$85.4K |
|
2203
Liquidia Corp
LQDA
$7.75B
| $12.5M | ﹤0.01% |
1,042,909
+50,810
| +5% | +$366K |
|
|
GOLD
2204
Gold.com Inc
GOLD
$1.25B
| $12.5M | ﹤0.01% |
414,274
+19,781
| +5% | +$564K |
|
2205
SmartRent
SMRT
$201M
| $12.5M | ﹤0.01% |
3,925,259
+216,422
| +6% | +$632K |
|
2206
Washington Trust Bancorp
WASH
$756M
| $12.5M | ﹤0.01% |
386,056
+16,595
| +4% | +$452K |
|
2207
Manitowoc
MTW
$521M
| $12.5M | ﹤0.01% |
748,319
+32,630
| +5% | +$475K |
|
2208
Logitech
LOGI
$15.3B
| $12.5M | ﹤0.01% |
131,189
-718
| -0.5% | -$59K |
|
|
SHOE
2209
Shoe Station Group
SHOE
$423M
| $12.5M | ﹤0.01% |
412,209
+27,988
| +7% | +$704K |
|
|
HDSN
2210
Hudson Technologies
HDSN
$264M
| $12.4M | ﹤0.01% |
920,757
+48,143
| +6% | +$622K |
|
|
MLNK
2211
DELISTED
MeridianLink
MLNK
| $12.4M | ﹤0.01% |
501,203
+28,988
| +6% | +$563K |
|
|
ATRI
2212
DELISTED
Atrion Corp
ATRI
| $12.4M | ﹤0.01% |
32,760
+1,699
| +5% | +$588K |
|
2213
Dyne Therapeutics
DYN
$4.81B
| $12.4M | ﹤0.01% |
932,838
+75,128
| +9% | +$734K |
|
|
MRNS
2214
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $12.4M | ﹤0.01% |
1,139,494
+94,546
| +9% | +$709K |
|
2215
Adaptive Biotechnologies
ADPT
$3.7B
| $12.4M | ﹤0.01% |
2,523,642
+107,763
| +4% | +$492K |
|
2216
Adtran
ADTN
$710M
| $12.4M | ﹤0.01% |
1,683,767
+58,129
| +4% | +$383K |
|
2217
Tarsus Pharmaceuticals
TARS
$2.71B
| $12.3M | ﹤0.01% |
609,736
+83,476
| +16% | +$1.39M |
|
2218
Apogee Therapeutics
APGE
$10.2B
| $12.3M | ﹤0.01% |
441,472
+40,236
| +10% | +$807K |
|
2219
BioLife Solutions
BLFS
$1.54B
| $12.3M | ﹤0.01% |
757,168
+35,722
| +5% | +$456K |
|
2220
Treace Medical Concepts
TMCI
$302M
| $12.3M | ﹤0.01% |
964,303
+50,720
| +6% | +$512K |
|
|
DENN
2221
DELISTED
Denny's
DENN
| $12.3M | ﹤0.01% |
1,128,459
-4,732
| -0.4% | -$44.5K |
|
2222
Kiniksa Pharmaceuticals
KNSA
$5.91B
| $12.3M | ﹤0.01% |
699,613
+40,044
| +6% | +$658K |
|
2223
Castle Biosciences
CSTL
$935M
| $12.2M | ﹤0.01% |
566,115
+29,879
| +6% | +$526K |
|
|
ACRE
2224
Ares Commercial Real Estate
ACRE
$264M
| $12.2M | ﹤0.01% |
1,178,497
+56,519
| +5% | +$556K |
|
2225
Atlas Energy Solutions
AESI
$1.29B
| $12.2M | ﹤0.01% |
708,611
+376,682
| +113% | +$6.93M |
|
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.