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
|
+$1.49B |
| 2 |
Microsoft
MSFT
|
+$1.32B |
| 3 |
NVIDIA
NVDA
|
+$1.31B |
| 4 |
Amazon
AMZN
|
+$1.03B |
| 5 |
Meta Platforms (Facebook)
META
|
+$599M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$366M |
| 2 |
MRO
Marathon Oil Corporation
MRO
|
+$354M |
| 3 |
CTLT
CATALENT, INC.
CTLT
|
+$257M |
| 4 |
Palo Alto Networks
PANW
|
+$176M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.81% |
| 2 | Financials | 13.54% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Healthcare | 10.13% |
| 5 | Communication Services | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
Avita Medical
RCEL
$142M
| $7.65M | ﹤0.01% |
597,595
+3,159
| +0.5% | +$37.3K |
|
2527
Kodiak Sciences
KOD
$2.68B
| $7.65M | ﹤0.01% |
768,694
-46
| -0% | -$264 |
|
2528
Bausch Health
BHC
$2.41B
| $7.63M | ﹤0.01% |
715,570
+79,488
| +12% | +$655K |
|
2529
Mineralys Therapeutics
MLYS
$2.34B
| $7.63M | ﹤0.01% |
620,033
-820
| -0.1% | -$10.7K |
|
2530
Cerence
CRNC
$424M
| $7.62M | ﹤0.01% |
970,975
+21,322
| +2% | +$107K |
|
2531
Riley Exploration Permian
REPX
$730M
| $7.62M | ﹤0.01% |
238,601
+605
| +0.3% | +$18.7K |
|
|
EU
2532
enCore Energy
EU
$223M
| $7.6M | ﹤0.01% |
2,228,776
+25,637
| +1% | +$96.5K |
|
2533
ACNB Corp
ACNB
$665M
| $7.6M | ﹤0.01% |
190,696
-741
| -0.4% | -$32.8K |
|
|
SMLR
2534
DELISTED
Semler Scientific
SMLR
| $7.58M | ﹤0.01% |
140,423
+4,464
| +3% | +$205K |
|
2535
Boston Omaha
BOC
$441M
| $7.55M | ﹤0.01% |
532,518
-1,259
| -0.2% | -$18.7K |
|
|
CWBC
2536
Community West Bancshares
CWBC
$700M
| $7.52M | ﹤0.01% |
388,162
-1,086
| -0.3% | -$21.6K |
|
|
CTV
2537
DELISTED
Innovid Corp.
CTV
| $7.51M | ﹤0.01% |
2,430,160
-2,998
| -0.1% | -$7.08K |
|
|
LIF
2538
Life360
LIF
$5.18B
| $7.49M | ﹤0.01% |
181,587
+51,129
| +39% | +$2.25M |
|
2539
NewtekOne
NEWT
$445M
| $7.47M | ﹤0.01% |
584,541
+10,933
| +2% | +$148K |
|
2540
Home Bancorp
HBCP
$571M
| $7.46M | ﹤0.01% |
161,489
-1,238
| -0.8% | -$58.5K |
|
|
PSTL
2541
Postal Realty Trust
PSTL
$696M
| $7.45M | ﹤0.01% |
571,147
-5,893
| -1% | -$82.6K |
|
2542
Civista Bancshares
CIVB
$605M
| $7.4M | ﹤0.01% |
351,624
+3,272
| +0.9% | +$67.8K |
|
2543
SmartRent
SMRT
$202M
| $7.4M | ﹤0.01% |
4,224,661
-52,016
| -1% | -$87.1K |
|
|
ACRE
2544
Ares Commercial Real Estate
ACRE
$257M
| $7.36M | ﹤0.01% |
1,249,452
-22,711
| -2% | -$153K |
|
2545
Paymentus
PAY
$5.61B
| $7.28M | ﹤0.01% |
222,760
+16,620
| +8% | +$494K |
|
2546
Haverty Furniture Companies
HVT
$455M
| $7.26M | ﹤0.01% |
326,221
+5,107
| +2% | +$121K |
|
2547
Xponential Fitness
XPOF
$280M
| $7.26M | ﹤0.01% |
539,904
+1,468
| +0.3% | +$20.2K |
|
2548
Ezcorp Inc
EZPW
$1.91B
| $7.26M | ﹤0.01% |
593,852
-2,018
| -0.3% | -$24K |
|
2549
First Internet Bancorp
INBK
$252M
| $7.21M | ﹤0.01% |
200,260
-1,381
| -0.7% | -$52.4K |
|
2550
Tyra Biosciences
TYRA
$1.93B
| $7.2M | ﹤0.01% |
517,578
-5,612
| -1% | -$102K |
|
Similar funds
Geode Capital Management's Q4 2024 Portfolio in Review
As of Q4 2024, Geode Capital Management held 4,614 positions worth $1.29T, up 4.5% from $1.23T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.7%. Geode Capital Management opened 80 new positions and exited 137, leaving the 4,614-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2024 buy was Primo Brands: 3,477,223 shares worth $107M.
- Geode Capital Management added most to Apple in Q4 2024, an estimated $1.49B increase.
- Geode Capital Management's biggest Q4 2024 reduction was Alphabet (Google) Class A, cutting an estimated $366M.
- Geode Capital Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $354M.
- Geode Capital Management's ten largest holdings make up 32% of its $1.29T portfolio in Q4 2024.
- Geode Capital Management opened 80 new positions and closed 137 in Q4 2024.
- Geode Capital Management's portfolio value rose 4.5% quarter-over-quarter to $1.29T.
Based on Geode Capital Management's 13F filing for Q4 2024, filed 12 Feb 2025.