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 | |
|---|---|---|---|---|---|---|
2451
Bowman Consulting
BWMN
$480M
| $8.1M | ﹤0.01% |
227,947
+14,089
| +7% | +$420K |
|
2452
DMC Global
BOOM
$149M
| $8.09M | ﹤0.01% |
429,785
+20,581
| +5% | +$378K |
|
2453
Summit Therapeutics
SMMT
$10.4B
| $8.05M | ﹤0.01% |
3,085,666
+128,603
| +4% | +$265K |
|
2454
Oric Pharmaceuticals
ORIC
$1.1B
| $8.05M | ﹤0.01% |
874,891
+54,444
| +7% | +$394K |
|
2455
Ardmore Shipping
ASC
$712M
| $8.03M | ﹤0.01% |
570,256
+34,770
| +6% | +$470K |
|
2456
Tejon Ranch
TRC
$455M
| $7.97M | ﹤0.01% |
463,395
+17,487
| +4% | +$284K |
|
2457
AerSale
ASLE
$307M
| $7.93M | ﹤0.01% |
624,797
+33,338
| +6% | +$484K |
|
|
FRGE
2458
DELISTED
Forge Global Holdings
FRGE
| $7.91M | ﹤0.01% |
153,804
+11,262
| +8% | +$478K |
|
|
SPYM
2459
State Street SPDR Portfolio S&P 500 ETF
SPYM
$167B
| – | – |
0
| – | – |
|
|
LOVE
2460
LoveSac
LOVE
$247M
| $7.91M | ﹤0.01% |
309,535
+14,679
| +5% | +$294K |
|
|
ONL
2461
Orion Office REIT
ONL
$155M
| $7.91M | ﹤0.01% |
1,382,138
+62,564
| +5% | +$326K |
|
2462
Preformed Line Products
PLPC
$2.07B
| $7.9M | ﹤0.01% |
59,020
+2,767
| +5% | +$373K |
|
|
DQ
2463
Daqo New Energy
DQ
$930M
| $7.89M | ﹤0.01% |
298,584
-138,140
| -32% | -$3.52M |
|
2464
ACNB Corp
ACNB
$656M
| $7.88M | ﹤0.01% |
176,129
+4,814
| +3% | +$181K |
|
2465
Northeast Bank
NBN
$1.13B
| $7.86M | ﹤0.01% |
142,482
+7,032
| +5% | +$352K |
|
2466
Prime Medicine
PRME
$538M
| $7.86M | ﹤0.01% |
887,503
+40,866
| +5% | +$315K |
|
2467
SoundHound AI
SOUN
$2.84B
| $7.86M | ﹤0.01% |
3,705,216
+210,972
| +6% | +$418K |
|
2468
CVRx
CVRX
$146M
| $7.85M | ﹤0.01% |
249,543
+13,510
| +6% | +$253K |
|
2469
Elbit Systems
ESLT
$38.9B
| $7.84M | ﹤0.01% |
36,750
+90
| +0.2% | +$18.2K |
|
2470
James River Group Holdings
JRVR
$213M
| $7.79M | ﹤0.01% |
842,913
+44,590
| +6% | +$512K |
|
2471
Custom Truck One Source
CTOS
$2.42B
| $7.76M | ﹤0.01% |
1,254,723
+65,505
| +6% | +$386K |
|
2472
Ocular Therapeutix
OCUL
$1.84B
| $7.75M | ﹤0.01% |
1,736,814
+107,286
| +7% | +$317K |
|
|
CNSL
2473
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $7.73M | ﹤0.01% |
1,775,970
+62,769
| +4% | +$260K |
|
|
KALV
2474
DELISTED
KalVista Pharmaceuticals
KALV
| $7.72M | ﹤0.01% |
630,048
+108,157
| +21% | +$984K |
|
|
OPTU
2475
Optimum Communications Inc
OPTU
$336M
| $7.71M | ﹤0.01% |
2,372,096
+137,542
| +6% | +$360K |
|
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.