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 | |
|---|---|---|---|---|---|---|
2401
Plains All American Pipeline
PAA
$16.6B
| $9.07M | ﹤0.01% |
598,507
+17,987
| +3% | +$275K |
|
|
HTB
2402
HomeTrust Bancshares
HTB
$871M
| $9.02M | ﹤0.01% |
335,048
+5,481
| +2% | +$125K |
|
|
SEMR
2403
DELISTED
Semrush
SEMR
| $9.01M | ﹤0.01% |
659,620
+23,412
| +4% | +$231K |
|
2404
Allient
ALNT
$1.61B
| $9M | ﹤0.01% |
297,959
+14,086
| +5% | +$397K |
|
2405
AnaptysBio
ANAB
$1.63B
| $9M | ﹤0.01% |
420,105
+20,511
| +5% | +$354K |
|
2406
Invesco Mortgage Capital
IVR
$758M
| $9M | ﹤0.01% |
1,015,333
+118,568
| +13% | +$967K |
|
2407
Lindblad Expeditions
LIND
$2.24B
| $8.99M | ﹤0.01% |
797,264
+48,762
| +7% | +$378K |
|
2408
GrafTech
EAF
$200M
| $8.93M | ﹤0.01% |
407,897
+19,983
| +5% | +$565K |
|
2409
FRP Holdings
FRPH
$431M
| $8.93M | ﹤0.01% |
284,112
+8,242
| +3% | +$237K |
|
2410
BRC Group Holdings
RILY
$308M
| $8.87M | ﹤0.01% |
422,488
+36,736
| +10% | +$1.07M |
|
2411
Liquidity Services
LQDT
$1.19B
| $8.83M | ﹤0.01% |
513,146
+19,180
| +4% | +$365K |
|
2412
Pennant Group
PNTG
$1.34B
| $8.83M | ﹤0.01% |
633,964
+42,764
| +7% | +$534K |
|
2413
OneSpan
OSPN
$601M
| $8.79M | ﹤0.01% |
820,153
+36,818
| +5% | +$362K |
|
2414
Burke & Herbert Financial Services Corp
BHRB
$1.51B
| $8.78M | ﹤0.01% |
139,496
+7,271
| +5% | +$362K |
|
|
CDMO
2415
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $8.76M | ﹤0.01% |
1,347,175
+65,439
| +5% | +$422K |
|
|
SLGC
2416
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $8.73M | ﹤0.01% |
3,452,144
+195,730
| +6% | +$456K |
|
2417
ALX Oncology
ALXO
$265M
| $8.71M | ﹤0.01% |
585,034
+141,967
| +32% | +$1.35M |
|
2418
Savers
SVV
$1.65B
| $8.69M | ﹤0.01% |
500,140
+25,476
| +5% | +$385K |
|
2419
Daily Journal
DJCO
$827M
| $8.67M | ﹤0.01% |
25,434
+1,787
| +8% | +$559K |
|
2420
Cerus
CERS
$441M
| $8.67M | ﹤0.01% |
4,012,720
+242,923
| +6% | +$400K |
|
2421
Bally's
BALY
$664M
| $8.66M | ﹤0.01% |
621,000
+40,642
| +7% | +$456K |
|
|
SHYF
2422
DELISTED
The Shyft Group
SHYF
| $8.65M | ﹤0.01% |
707,444
+21,806
| +3% | +$266K |
|
|
LGTY
2423
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $8.65M | ﹤0.01% |
765,035
+35,537
| +5% | +$382K |
|
2424
LSI Industries
LYTS
$908M
| $8.58M | ﹤0.01% |
609,406
+46,482
| +8% | +$658K |
|
2425
GCM Grosvenor
GCMG
$816M
| $8.55M | ﹤0.01% |
954,292
+57,353
| +6% | +$478K |
|
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.