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 | |
|---|---|---|---|---|---|---|
2376
Arrow Financial
AROW
$674M
| $9.49M | ﹤0.01% |
339,763
+14,083
| +4% | +$328K |
|
2377
Universal Insurance Holdings
UVE
$1.23B
| $9.49M | ﹤0.01% |
593,833
+56,238
| +10% | +$876K |
|
|
HLVX
2378
DELISTED
HilleVax
HLVX
| $9.49M | ﹤0.01% |
591,145
+172,852
| +41% | +$2.3M |
|
|
TELL
2379
DELISTED
Tellurian Inc.
TELL
| $9.48M | ﹤0.01% |
12,548,753
+1,286,768
| +11% | +$912K |
|
2380
CAVA Group
CAVA
$7.39B
| $9.43M | ﹤0.01% |
219,441
+8,323
| +4% | +$290K |
|
|
SPWR
2381
DELISTED
SunPower Corporation Common Stock
SPWR
| $9.43M | ﹤0.01% |
1,952,791
+101,806
| +6% | +$486K |
|
2382
FLEX LNG
FLNG
$1.65B
| $9.41M | ﹤0.01% |
323,893
+17,655
| +6% | +$530K |
|
2383
NetEase
NTES
$83.6B
| $9.37M | ﹤0.01% |
100,627
-6,846
| -6% | -$727K |
|
|
TRTX
2384
TPG RE Finance Trust
TRTX
$614M
| $9.37M | ﹤0.01% |
1,440,775
+70,231
| +5% | +$424K |
|
|
FARO
2385
DELISTED
Faro Technologies
FARO
| $9.34M | ﹤0.01% |
414,690
+17,360
| +4% | +$298K |
|
2386
NETGEAR
NTGR
$659M
| $9.31M | ﹤0.01% |
638,666
+38,597
| +6% | +$500K |
|
2387
Limbach Holdings
LMB
$919M
| $9.31M | ﹤0.01% |
204,623
+12,638
| +7% | +$454K |
|
2388
MetroCity Bankshares
MCBS
$1.03B
| $9.28M | ﹤0.01% |
386,442
+18,022
| +5% | +$384K |
|
|
ORC
2389
Orchid Island Capital
ORC
$1.27B
| $9.28M | ﹤0.01% |
1,100,490
+226,941
| +26% | +$1.69M |
|
2390
SandRidge Energy
SD
$500M
| $9.27M | ﹤0.01% |
678,233
+34,408
| +5% | +$508K |
|
|
CTLP
2391
DELISTED
Cantaloupe
CTLP
| $9.26M | ﹤0.01% |
1,249,382
+66,291
| +6% | +$458K |
|
2392
National Presto Industries
NPK
$975M
| $9.25M | ﹤0.01% |
115,235
+5,677
| +5% | +$436K |
|
2393
Tiptree Inc
TIPT
$665M
| $9.25M | ﹤0.01% |
487,846
+18,556
| +4% | +$321K |
|
2394
Sana Biotechnology
SANA
$946M
| $9.2M | ﹤0.01% |
2,253,836
+206,248
| +10% | +$760K |
|
|
OPI
2395
DELISTED
Office Properties Income Trust
OPI
| $9.18M | ﹤0.01% |
1,253,364
+22,952
| +2% | +$122K |
|
2396
Shore Bancshares
SHBI
$822M
| $9.16M | ﹤0.01% |
642,696
+29,841
| +5% | +$352K |
|
2397
Oil States International
OIS
$507M
| $9.16M | ﹤0.01% |
1,348,638
+60,681
| +5% | +$440K |
|
|
OLP
2398
One Liberty Properties
OLP
$537M
| $9.12M | ﹤0.01% |
416,385
+15,410
| +4% | +$307K |
|
2399
Bar Harbor Bankshares
BHB
$682M
| $9.11M | ﹤0.01% |
310,411
+11,194
| +4% | +$293K |
|
2400
NVE Corp
NVEC
$618M
| $9.1M | ﹤0.01% |
115,973
+8,704
| +8% | +$645K |
|
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.