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 |
Apple
AAPL
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DENN
2526
DELISTED
Denny's
DENN
| $7.62M | ﹤0.01% |
1,180,879
+3,902
| +0.3% | +$25.5K |
|
2527
Resources Connection
RGP
$145M
| $7.61M | ﹤0.01% |
784,529
+23,943
| +3% | +$247K |
|
2528
Patria Investments
PAX
$1.81B
| $7.6M | ﹤0.01% |
680,447
+5,187
| +0.8% | +$61.6K |
|
2529
Lincoln Educational Services
LINC
$976M
| $7.6M | ﹤0.01% |
636,160
+11,650
| +2% | +$145K |
|
2530
Tootsie Roll Industries
TR
$2.97B
| $7.59M | ﹤0.01% |
259,786
+6,183
| +2% | +$176K |
|
2531
B2Gold
BTG
$6.68B
| $7.54M | ﹤0.01% |
2,075,521
+661,107
| +47% | +$1.92M |
|
|
TEM
2532
Tempus AI
TEM
$9.93B
| $7.54M | ﹤0.01% |
133,171
+539
| +0.4% | +$25.2K |
|
2533
Mineralys Therapeutics
MLYS
$2.41B
| $7.52M | ﹤0.01% |
620,853
+38,527
| +7% | +$466K |
|
2534
Intuitive Machines
LUNR
$2.53B
| $7.51M | ﹤0.01% |
933,272
+222,136
| +31% | +$1.1M |
|
2535
SIGA Technologies
SIGA
$210M
| $7.51M | ﹤0.01% |
1,112,743
+66,344
| +6% | +$579K |
|
|
CWBC
2536
Community West Bancshares
CWBC
$676M
| $7.5M | ﹤0.01% |
389,248
+24,294
| +7% | +$478K |
|
2537
Cricut
CRCT
$1.24B
| $7.49M | ﹤0.01% |
1,081,319
+9,940
| +0.9% | +$59.6K |
|
2538
DocGo
DCGO
$56.8M
| $7.48M | ﹤0.01% |
2,252,516
+39,016
| +2% | +$133K |
|
2539
AngioDynamics
ANGO
$651M
| $7.48M | ﹤0.01% |
960,767
+46,409
| +5% | +$335K |
|
2540
Hippo Holdings
HIPO
$856M
| $7.47M | ﹤0.01% |
442,261
+26,085
| +6% | +$469K |
|
|
EBTC
2541
DELISTED
Enterprise Bancorp
EBTC
| $7.47M | ﹤0.01% |
233,563
+8,703
| +4% | +$250K |
|
2542
Teekay
TK
$973M
| $7.45M | ﹤0.01% |
803,936
+19,961
| +3% | +$166K |
|
2543
Pulmonx
LUNG
$97.9M
| $7.4M | ﹤0.01% |
892,786
+11,151
| +1% | +$80.7K |
|
2544
SmartRent
SMRT
$261M
| $7.4M | ﹤0.01% |
4,276,677
+6,135
| +0.1% | +$11.6K |
|
2545
Absci
ABSI
$1.53B
| $7.39M | ﹤0.01% |
1,933,593
+123,896
| +7% | +$493K |
|
2546
VinFast Auto
VFS
$7.46B
| $7.38M | ﹤0.01% |
1,931,825
+4,638
| +0.2% | +$18.4K |
|
2547
Corsair Gaming
CRSR
$1.48B
| $7.38M | ﹤0.01% |
1,059,778
-41,081
| -4% | -$307K |
|
2548
Advantage Solutions
ADV
$383M
| $7.37M | ﹤0.01% |
85,921
-20,059
| -19% | -$1.85M |
|
2549
Legacy Housing
LEGH
$676M
| $7.37M | ﹤0.01% |
269,325
+40,729
| +18% | +$1.07M |
|
2550
Third Coast Bancshares
TCBX
$737M
| $7.36M | ﹤0.01% |
274,962
+3,373
| +1% | +$80.7K |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.