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 | |
|---|---|---|---|---|---|---|
|
STER
2351
DELISTED
Sterling Check Corp. Common Stock
STER
| $9.89M | ﹤0.01% |
710,665
+30,503
| +4% | +$383K |
|
2352
TTEC Holdings
TTEC
$132M
| $9.87M | ﹤0.01% |
455,309
+27,389
| +6% | +$576K |
|
2353
argenx
ARGX
$52.8B
| $9.86M | ﹤0.01% |
25,912
+1,555
| +6% | +$725K |
|
2354
MaxCyte
MXCT
$119M
| $9.85M | ﹤0.01% |
2,096,497
+123,060
| +6% | +$479K |
|
2355
8x8 Inc
EGHT
$318M
| $9.85M | ﹤0.01% |
2,604,976
+185,447
| +8% | +$551K |
|
2356
Evolus
EOLS
$403M
| $9.84M | ﹤0.01% |
934,276
+64,783
| +7% | +$579K |
|
|
NAPA
2357
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $9.82M | ﹤0.01% |
996,870
+42,062
| +4% | +$425K |
|
2358
Green Dot
GDOT
$748M
| $9.79M | ﹤0.01% |
988,914
+17,011
| +2% | +$177K |
|
2359
America's Car Mart
CRMT
$27.6M
| $9.76M | ﹤0.01% |
128,842
+3,044
| +2% | +$230K |
|
|
AMPS
2360
DELISTED
Altus Power
AMPS
| $9.75M | ﹤0.01% |
1,428,005
+135,337
| +10% | +$733K |
|
2361
Tecnoglass Holdings Inc.
TGLS
$2.05B
| $9.73M | ﹤0.01% |
212,839
+7,689
| +4% | +$278K |
|
2362
Replimune Group
REPL
$1B
| $9.65M | ﹤0.01% |
1,145,112
+136,769
| +14% | +$1.59M |
|
2363
GoPro
GPRO
$133M
| $9.65M | ﹤0.01% |
2,781,428
+93,142
| +3% | +$295K |
|
2364
Patria Investments
PAX
$1.84B
| $9.64M | ﹤0.01% |
621,606
+34,926
| +6% | +$496K |
|
2365
Kura Sushi USA
KRUS
$588M
| $9.62M | ﹤0.01% |
126,625
+7,830
| +7% | +$506K |
|
2366
Planet Labs
PL
$8.14B
| $9.62M | ﹤0.01% |
3,894,103
+278,184
| +8% | +$658K |
|
|
RPC
2367
Ridgepost Capital
RPC
$995M
| $9.62M | ﹤0.01% |
941,069
+89,556
| +11% | +$885K |
|
2368
United Fire Group
UFCS
$1.38B
| $9.6M | ﹤0.01% |
476,854
+23,819
| +5% | +$483K |
|
2369
Nordic American Tanker
NAT
$1.33B
| $9.59M | ﹤0.01% |
2,284,192
+117,508
| +5% | +$500K |
|
2370
Turning Point Brands
TPB
$1.6B
| $9.58M | ﹤0.01% |
363,840
+24,420
| +7% | +$559K |
|
|
EGLE
2371
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $9.57M | ﹤0.01% |
172,668
+3,279
| +2% | +$148K |
|
2372
Playtika
PLTK
$1.54B
| $9.56M | ﹤0.01% |
1,095,825
+30,909
| +3% | +$269K |
|
2373
BioNTech
BNTX
$23.1B
| $9.54M | ﹤0.01% |
90,427
+2,362
| +3% | +$238K |
|
2374
ATN International
ATNI
$387M
| $9.52M | ﹤0.01% |
244,222
+10,630
| +5% | +$351K |
|
2375
Dole
DOLE
$1.33B
| $9.51M | ﹤0.01% |
773,471
+39,131
| +5% | +$452K |
|
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.