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 | |
|---|---|---|---|---|---|---|
2276
The RMR Group
RMR
$327M
| $11.2M | ﹤0.01% |
396,184
+20,989
| +6% | +$513K |
|
|
PLYA
2277
DELISTED
Playa Hotels & Resorts
PLYA
| $11.2M | ﹤0.01% |
1,292,478
-21,271
| -2% | -$160K |
|
|
ICVX
2278
DELISTED
Icosavax, Inc. Common Stock
ICVX
| $11.2M | ﹤0.01% |
709,322
+28,943
| +4% | +$279K |
|
2279
Theravance Biopharma
TBPH
$875M
| $11.2M | ﹤0.01% |
994,000
-67,177
| -6% | -$676K |
|
2280
Nurix Therapeutics
NRIX
$2.54B
| $11.2M | ﹤0.01% |
1,080,523
+35,238
| +3% | +$242K |
|
2281
Farmers National Banc Corp
FMNB
$949M
| $11.1M | ﹤0.01% |
771,390
+30,699
| +4% | +$379K |
|
2282
AST SpaceMobile
ASTS
$20.6B
| $11.1M | ﹤0.01% |
1,846,981
+94,504
| +5% | +$410K |
|
|
GLDD
2283
DELISTED
Great Lakes Dredge & Dock
GLDD
| $11.1M | ﹤0.01% |
1,445,713
+75,869
| +6% | +$553K |
|
|
MCW
2284
DELISTED
Mister Car Wash
MCW
| $11.1M | ﹤0.01% |
1,284,787
+77,848
| +6% | +$528K |
|
|
NFBK
2285
DELISTED
Northfield Bancorp
NFBK
| $11.1M | ﹤0.01% |
882,267
+22,856
| +3% | +$230K |
|
|
EHAB
2286
DELISTED
Enhabit
EHAB
| $11M | ﹤0.01% |
1,066,530
+50,110
| +5% | +$474K |
|
2287
Novavax
NVAX
$1.25B
| $11M | ﹤0.01% |
2,297,507
+436,530
| +23% | +$2.67M |
|
2288
Alector
ALEC
$172M
| $11M | ﹤0.01% |
1,381,786
+78,709
| +6% | +$466K |
|
2289
Amalgamated Financial
AMAL
$1.49B
| $11M | ﹤0.01% |
409,011
+20,592
| +5% | +$424K |
|
|
DHIL
2290
DELISTED
Diamond Hill
DHIL
| $11M | ﹤0.01% |
66,365
+1,310
| +2% | +$212K |
|
2291
World Acceptance Corp
WRLD
$895M
| $11M | ﹤0.01% |
84,178
+3,965
| +5% | +$465K |
|
|
SPNS
2292
DELISTED
Sapiens International
SPNS
| $11M | ﹤0.01% |
379,162
+20,802
| +6% | +$553K |
|
|
TWKS
2293
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $11M | ﹤0.01% |
2,275,381
+137,091
| +6% | +$563K |
|
2294
Savara
SVRA
$1.12B
| $10.9M | ﹤0.01% |
2,326,873
+105,385
| +5% | +$404K |
|
2295
Republic Bancorp
RBCAA
$1.98B
| $10.9M | ﹤0.01% |
197,359
+5,298
| +3% | +$252K |
|
|
SRDX
2296
DELISTED
Surmodics
SRDX
| $10.9M | ﹤0.01% |
299,269
+14,011
| +5% | +$459K |
|
2297
Tango Therapeutics
TNGX
$4.64B
| $10.9M | ﹤0.01% |
1,097,102
+62,108
| +6% | +$539K |
|
2298
Haverty Furniture Companies
HVT
$470M
| $10.9M | ﹤0.01% |
305,894
-11,066
| -3% | -$338K |
|
2299
Definitive Healthcare
DH
$73.1M
| $10.8M | ﹤0.01% |
1,090,559
+88,481
| +9% | +$694K |
|
2300
Global Industrial
GIC
$1.42B
| $10.8M | ﹤0.01% |
278,918
+12,179
| +5% | +$434K |
|
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.