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 | |
|---|---|---|---|---|---|---|
2551
Eos Energy Enterprises
EOSE
$1.47B
| $7.34M | ﹤0.01% |
2,468,648
+376,494
| +18% | +$797K |
|
2552
Vivid Seats
SEAT
$82.6M
| $7.31M | ﹤0.01% |
98,752
+15,724
| +19% | +$1.43M |
|
|
ILPT
2553
Industrial Logistics Properties Trust
ILPT
$583M
| $7.3M | ﹤0.01% |
1,533,950
+43,068
| +3% | +$203K |
|
2554
Red Violet
RDVT
$926M
| $7.3M | ﹤0.01% |
256,418
+3,009
| +1% | +$81.6K |
|
2555
Aveanna Healthcare
AVAH
$2.06B
| $7.29M | ﹤0.01% |
1,401,016
+63,190
| +5% | +$286K |
|
2556
Bank of Marin Bancorp
BMRC
$455M
| $7.28M | ﹤0.01% |
362,376
+6,555
| +2% | +$129K |
|
2557
Navitas Semiconductor
NVTS
$3.44B
| $7.27M | ﹤0.01% |
2,968,639
-11,802
| -0.4% | -$38.3K |
|
2558
Granite Ridge Resources
GRNT
$670M
| $7.26M | ﹤0.01% |
1,221,579
+317,303
| +35% | +$2.03M |
|
2559
Home Bancorp
HBCP
$556M
| $7.26M | ﹤0.01% |
162,727
+1,874
| +1% | +$78.6K |
|
2560
Zevra Therapeutics
ZVRA
$682M
| $7.25M | ﹤0.01% |
1,043,864
+129,600
| +14% | +$880K |
|
2561
Kodak
KODK
$978M
| $7.22M | ﹤0.01% |
1,528,671
+57,487
| +4% | +$299K |
|
2562
The RealReal
REAL
$1.45B
| $7.2M | ﹤0.01% |
2,293,855
+44,716
| +2% | +$134K |
|
2563
Designer Brands
DBI
$334M
| $7.2M | ﹤0.01% |
975,805
+1,649
| +0.2% | +$11.5K |
|
2564
Root
ROOT
$828M
| $7.2M | ﹤0.01% |
190,472
-1,986
| -1% | -$103K |
|
2565
Digital Turbine
APPS
$1.74B
| $7.17M | ﹤0.01% |
2,334,648
+181,032
| +8% | +$488K |
|
2566
Taysha Gene Therapies
TSHA
$1.83B
| $7.16M | ﹤0.01% |
3,562,758
+682,273
| +24% | +$1.5M |
|
2567
Seneca Foods Class A
SENEA
$1.22B
| $7.16M | ﹤0.01% |
114,829
-6,190
| -5% | -$375K |
|
2568
NewtekOne
NEWT
$372M
| $7.15M | ﹤0.01% |
573,608
+22,167
| +4% | +$281K |
|
|
ESPR
2569
DELISTED
Esperion Therapeutics
ESPR
| $7.15M | ﹤0.01% |
4,331,314
+171,609
| +4% | +$347K |
|
2570
First Bank
FRBA
$452M
| $7.13M | ﹤0.01% |
469,214
+5,105
| +1% | +$74.5K |
|
2571
Innovative Industrial Properties
IIPR
$1.66B
| $7.13M | ﹤0.01% |
52,872
+12,791
| +32% | +$1.56M |
|
2572
OneWater Marine
ONEW
$205M
| $7.03M | ﹤0.01% |
293,831
+29,952
| +11% | +$735K |
|
2573
Ramaco Resources Class A
METC
$645M
| $7M | ﹤0.01% |
618,606
-29,021
| -4% | -$346K |
|
|
AAN
2574
DELISTED
The Aaron's Company Inc
AAN
| $6.99M | ﹤0.01% |
702,377
+7,291
| +1% | +$73.1K |
|
|
ML
2575
DELISTED
MoneyLion Inc.
ML
| $6.95M | ﹤0.01% |
167,197
+9,106
| +6% | +$494K |
|
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.