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
|
+$1.76B |
| 2 |
ExxonMobil
XOM
|
+$1.36B |
| 3 |
Apple
AAPL
|
+$1.05B |
| 4 |
Amazon
AMZN
|
+$1.02B |
| 5 |
NVIDIA
NVDA
|
+$972M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$1.24B |
| 2 |
GE Aerospace
GE
|
+$718M |
| 3 |
Broadcom
AVGO
|
+$437M |
| 4 |
Apollo Global Management
APO
|
+$275M |
| 5 |
Super Micro Computer
SMCI
|
+$254M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.88% |
| 2 | Financials | 12.28% |
| 3 | Healthcare | 11.67% |
| 4 | Consumer Discretionary | 10.22% |
| 5 | Communication Services | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Erasca
ERAS
$6.39B
| $7.82M | ﹤0.01% |
3,311,891
+1,420,348
| +75% | +$3.06M |
|
2477
Ramaco Resources Class A
METC
$649M
| $7.8M | ﹤0.01% |
647,627
+16,685
| +3% | +$232K |
|
2478
Westrock Coffee
WEST
$803M
| $7.8M | ﹤0.01% |
762,594
+85,529
| +13% | +$879K |
|
2479
Planet Labs
PL
$8.53B
| $7.78M | ﹤0.01% |
4,180,604
+175,463
| +4% | +$337K |
|
2480
Funko
FNKO
$328M
| $7.76M | ﹤0.01% |
794,758
-25,335
| -3% | -$197K |
|
2481
BRC Group Holdings
RILY
$289M
| $7.76M | ﹤0.01% |
439,606
+8,154
| +2% | +$210K |
|
2482
Anavex Life Sciences
AVXL
$310M
| $7.73M | ﹤0.01% |
1,831,253
+118,526
| +7% | +$479K |
|
|
DEC
2483
Diversified Energy Company
DEC
$980M
| $7.66M | ﹤0.01% |
+568,180
| New | +$7.9M |
|
2484
Petco
WOOF
$794M
| $7.66M | ﹤0.01% |
2,026,062
+530,130
| +35% | +$1.35M |
|
|
FFWM
2485
DELISTED
First Foundation Inc
FFWM
| $7.65M | ﹤0.01% |
1,167,726
+51,816
| +5% | +$317K |
|
2486
Cerus
CERS
$474M
| $7.65M | ﹤0.01% |
4,345,503
+183,160
| +4% | +$328K |
|
2487
Carter Bankshares
CARE
$731M
| $7.64M | ﹤0.01% |
505,482
+22,895
| +5% | +$286K |
|
|
TERN
2488
DELISTED
Terns Pharmaceuticals
TERN
| $7.64M | ﹤0.01% |
1,121,862
+255,941
| +30% | +$1.55M |
|
|
CRGX
2489
DELISTED
CARGO Therapeutics
CRGX
| $7.62M | ﹤0.01% |
464,261
+10,419
| +2% | +$198K |
|
|
VERV
2490
DELISTED
Verve Therapeutics
VERV
| $7.61M | ﹤0.01% |
1,559,772
+110,346
| +8% | +$694K |
|
|
LGTY
2491
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $7.59M | ﹤0.01% |
831,124
+40,696
| +5% | +$415K |
|
2492
Bit Digital
BTBT
$482M
| $7.58M | ﹤0.01% |
2,382,682
+372,792
| +19% | +$911K |
|
2493
Algonquin Power & Utilities
AQN
$4.42B
| $7.57M | ﹤0.01% |
1,050,659
+28,157
| +3% | +$174K |
|
2494
Amer Sports
AS
$21.4B
| $7.57M | ﹤0.01% |
+601,848
| New | +$8.83M |
|
|
AGEN
2495
Agenus
AGEN
$290M
| $7.56M | ﹤0.01% |
451,043
+46,062
| +11% | +$556K |
|
2496
Entrada Therapeutics
TRDA
$267M
| $7.55M | ﹤0.01% |
529,939
+54,581
| +11% | +$776K |
|
2497
SEACOR Marine Holdings
SMHI
$258M
| $7.55M | ﹤0.01% |
559,670
+40,460
| +8% | +$527K |
|
2498
Zumiez
ZUMZ
$339M
| $7.55M | ﹤0.01% |
387,394
+30,597
| +9% | +$530K |
|
2499
Vanda Pharmaceuticals
VNDA
$302M
| $7.52M | ﹤0.01% |
1,330,957
+85,575
| +7% | +$442K |
|
2500
OraSure Technologies
OSUR
$279M
| $7.52M | ﹤0.01% |
1,764,885
+117,472
| +7% | +$597K |
|
Similar funds
Geode Capital Management's Q2 2024 Portfolio in Review
As of Q2 2024, Geode Capital Management held 4,723 positions worth $1.14T, up 5.4% from $1.08T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management's Q2 2024 filing shows 114 new, 3,571 increased, 603 reduced and 134 closed positions. Its largest new stake was GE Vernova: 5,513,744 shares worth $943M. The largest sale was Pioneer Natural Resource Co., an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2024 buy was GE Vernova: 5,513,744 shares worth $943M.
- Geode Capital Management added most to Microsoft in Q2 2024, an estimated $1.76B increase.
- Geode Capital Management's biggest Q2 2024 reduction was GE Aerospace, cutting an estimated $718M.
- Geode Capital Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $1.24B.
- Geode Capital Management's ten largest holdings make up 31% of its $1.14T portfolio in Q2 2024.
- Geode Capital Management opened 114 new positions and closed 134 in Q2 2024.
- Geode Capital Management's portfolio value rose 5.4% quarter-over-quarter to $1.14T.
Based on Geode Capital Management's 13F filing for Q2 2024, filed 9 Aug 2024.