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 | |
|---|---|---|---|---|---|---|
2551
Monte Rosa Therapeutics
GLUE
$1.36B
| $7.2M | ﹤0.01% |
1,036,665
-8,024
| -0.8% | -$60.2K |
|
|
TRUE
2552
DELISTED
TrueCar
TRUE
| $7.19M | ﹤0.01% |
1,928,445
-26,781
| -1% | -$105K |
|
|
DENN
2553
DELISTED
Denny's
DENN
| $7.19M | ﹤0.01% |
1,187,850
+6,971
| +0.6% | +$44.4K |
|
2554
Matrix Service
MTRX
$343M
| $7.18M | ﹤0.01% |
599,302
+1,199
| +0.2% | +$14.7K |
|
2555
Spire Global
SPIR
$522M
| $7.17M | ﹤0.01% |
509,644
+3,551
| +0.7% | +$43.4K |
|
2556
SES AI
SES
$206M
| $7.14M | ﹤0.01% |
3,260,213
+165,589
| +5% | +$94.4K |
|
|
GATO
2557
DELISTED
Gatos Silver, Inc.
GATO
| $7.14M | ﹤0.01% |
510,260
-4,020
| -0.8% | -$65.4K |
|
2558
Bit Digital
BTBT
$492M
| $7.12M | ﹤0.01% |
2,429,841
+4,784
| +0.2% | +$18.8K |
|
2559
Manitowoc
MTW
$519M
| $7.12M | ﹤0.01% |
779,336
-14,999
| -2% | -$148K |
|
2560
Northeast Community Bancorp
NECB
$372M
| $7.1M | ﹤0.01% |
290,271
+250
| +0.1% | +$6.87K |
|
2561
Corsair Gaming
CRSR
$1.22B
| $7.07M | ﹤0.01% |
1,069,122
+9,344
| +0.9% | +$64.9K |
|
|
ONC
2562
BeOne Medicines Ltd
ONC
$33.5B
| $7.07M | ﹤0.01% |
38,252
+488
| +1% | +$99.7K |
|
2563
Freedom Holding
FRHC
$9.84B
| $7.06M | ﹤0.01% |
54,034
+696
| +1% | +$79.9K |
|
2564
Inter&Co
INTR
$2.52B
| $7.05M | ﹤0.01% |
1,678,825
+5,992
| +0.4% | +$33.6K |
|
2565
Zumiez
ZUMZ
$336M
| $6.99M | ﹤0.01% |
364,572
-24,017
| -6% | -$513K |
|
|
RVNC
2566
DELISTED
Revance Therapeutics, Inc.
RVNC
| $6.99M | ﹤0.01% |
2,297,582
+7,928
| +0.3% | +$34.5K |
|
2567
NET Power
NPWR
$136M
| $6.98M | ﹤0.01% |
658,563
+11,979
| +2% | +$117K |
|
|
KALV
2568
DELISTED
KalVista Pharmaceuticals
KALV
| $6.97M | ﹤0.01% |
822,352
-8,632
| -1% | -$89.4K |
|
2569
Movado Group
MOV
$879M
| $6.95M | ﹤0.01% |
353,298
-1,854
| -0.5% | -$36.3K |
|
2570
Algonquin Power & Utilities
AQN
$4.46B
| $6.95M | ﹤0.01% |
1,240,480
+61,015
| +5% | +$294K |
|
2571
Vanda Pharmaceuticals
VNDA
$321M
| $6.95M | ﹤0.01% |
1,450,310
+24,483
| +2% | +$118K |
|
2572
Ardmore Shipping
ASC
$690M
| $6.93M | ﹤0.01% |
570,381
+8,008
| +1% | +$109K |
|
2573
Allogene Therapeutics
ALLO
$656M
| $6.89M | ﹤0.01% |
3,232,618
+5,514
| +0.2% | +$13.6K |
|
|
TBCH
2574
Turtle Beach Corp
TBCH
$276M
| $6.87M | ﹤0.01% |
396,981
-13,100
| -3% | -$214K |
|
2575
Groupon
GRPN
$1.04B
| $6.87M | ﹤0.01% |
565,301
-1,311
| -0.2% | -$13.8K |
|
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.