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 | |
|---|---|---|---|---|---|---|
|
REVG
2226
DELISTED
REV Group
REVG
| $12.2M | ﹤0.01% |
669,159
+29,200
| +5% | +$468K |
|
2227
Kearny Financial
KRNY
$610M
| $12.2M | ﹤0.01% |
1,355,096
+34,012
| +3% | +$264K |
|
|
LAND
2228
Gladstone Land Corp
LAND
$342M
| $12.1M | ﹤0.01% |
840,054
+39,749
| +5% | +$566K |
|
2229
Beyond Meat
BYND
$326M
| $12.1M | ﹤0.01% |
1,359,471
+69,771
| +5% | +$548K |
|
2230
Stem
STEM
$52.2M
| $12.1M | ﹤0.01% |
155,716
+8,541
| +6% | +$589K |
|
2231
Acco Brands
ACCO
$400M
| $12M | ﹤0.01% |
1,981,633
+83,215
| +4% | +$441K |
|
2232
Vera Therapeutics
VERA
$2.2B
| $12M | ﹤0.01% |
782,716
+44,149
| +6% | +$561K |
|
|
MODV
2233
DELISTED
ModivCare
MODV
| $12M | ﹤0.01% |
272,820
+12,732
| +5% | +$503K |
|
2234
York Water
YORW
$494M
| $12M | ﹤0.01% |
310,682
+15,218
| +5% | +$573K |
|
2235
Independent Bank Corp
IBCP
$783M
| $12M | ﹤0.01% |
460,494
+19,038
| +4% | +$406K |
|
2236
Camden National
CAC
$1B
| $12M | ﹤0.01% |
317,909
+17,261
| +6% | +$563K |
|
2237
Genie Energy
GNE
$375M
| $12M | ﹤0.01% |
425,067
+21,603
| +5% | +$496K |
|
2238
Accel Entertainment
ACEL
$994M
| $11.9M | ﹤0.01% |
1,156,444
+63,724
| +6% | +$657K |
|
2239
OrthoPediatrics
KIDS
$537M
| $11.9M | ﹤0.01% |
364,910
+17,346
| +5% | +$503K |
|
2240
NerdWallet
NRDS
$609M
| $11.8M | ﹤0.01% |
799,053
+37,705
| +5% | +$416K |
|
2241
Anterix
ATEX
$1.94B
| $11.7M | ﹤0.01% |
351,492
+14,478
| +4% | +$467K |
|
|
DOO
2242
Bombardier Recreational Products
DOO
$4.57B
| $11.7M | ﹤0.01% |
159,531
+3,196
| +2% | +$224K |
|
2243
Health Catalyst
HCAT
$167M
| $11.7M | ﹤0.01% |
1,260,668
+80,058
| +7% | +$654K |
|
2244
Sanofi
SNY
$103B
| $11.7M | ﹤0.01% |
234,391
-2,736
| -1% | -$134K |
|
2245
Mesa Laboratories
MLAB
$571M
| $11.6M | ﹤0.01% |
111,115
+6,026
| +6% | +$587K |
|
2246
Symbotic
SYM
$5.87B
| $11.6M | ﹤0.01% |
226,451
+6,614
| +3% | +$290K |
|
2247
CEVA Inc
CEVA
$974M
| $11.6M | ﹤0.01% |
511,214
+24,712
| +5% | +$509K |
|
|
CATC
2248
DELISTED
CAMBRIDGE BANCORP
CATC
| $11.6M | ﹤0.01% |
167,145
+6,278
| +4% | +$383K |
|
|
BFS
2249
Saul Centers
BFS
$834M
| $11.6M | ﹤0.01% |
295,044
+10,559
| +4% | +$387K |
|
2250
Maravai LifeSciences
MRVI
$934M
| $11.6M | ﹤0.01% |
1,768,011
+63,109
| +4% | +$408K |
|
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.