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 | |
|---|---|---|---|---|---|---|
|
IRBT
2626
DELISTED
iRobot
IRBT
| $5.99M | ﹤0.01% |
657,239
+51,134
| +8% | +$471K |
|
|
GES
2627
DELISTED
Guess Inc
GES
| $5.95M | ﹤0.01% |
291,746
-316,788
| -52% | -$8.01M |
|
2628
Rocky Brands
RCKY
$369M
| $5.95M | ﹤0.01% |
160,962
+8,345
| +5% | +$275K |
|
|
WOW
2629
DELISTED
WideOpenWest
WOW
| $5.93M | ﹤0.01% |
1,096,319
+33,621
| +3% | +$149K |
|
2630
Utah Medical Products
UTMD
$225M
| $5.92M | ﹤0.01% |
88,564
+14,885
| +20% | +$1.01M |
|
2631
First Bank
FRBA
$454M
| $5.91M | ﹤0.01% |
464,109
+27,749
| +6% | +$340K |
|
|
RVNC
2632
DELISTED
Revance Therapeutics, Inc.
RVNC
| $5.91M | ﹤0.01% |
2,297,965
+327,127
| +17% | +$1.12M |
|
2633
Genie Energy
GNE
$383M
| $5.9M | ﹤0.01% |
403,474
-45,130
| -10% | -$686K |
|
2634
Jasper Therapeutics
JSPR
$23.6M
| $5.9M | ﹤0.01% |
259,754
+131,763
| +103% | +$3.16M |
|
|
TRUE
2635
DELISTED
TrueCar
TRUE
| $5.9M | ﹤0.01% |
1,883,718
+38,299
| +2% | +$112K |
|
2636
Matrix Service
MTRX
$335M
| $5.89M | ﹤0.01% |
593,394
+336,507
| +131% | +$3.85M |
|
|
TELL
2637
DELISTED
Tellurian Inc.
TELL
| $5.86M | ﹤0.01% |
8,458,004
-5,501,102
| -39% | -$3.04M |
|
2638
Grindr
GRND
$2.95B
| $5.86M | ﹤0.01% |
478,519
-156,786
| -25% | -$1.56M |
|
|
ITIC
2639
Investors Title Co
ITIC
$547M
| $5.85M | ﹤0.01% |
32,466
+3,081
| +10% | +$509K |
|
|
GNTY
2640
DELISTED
Guaranty Bancshares
GNTY
| $5.83M | ﹤0.01% |
184,964
+5,560
| +3% | +$163K |
|
2641
Domo
DOMO
$184M
| $5.83M | ﹤0.01% |
755,262
+44,789
| +6% | +$335K |
|
|
TRML
2642
DELISTED
Tourmaline Bio
TRML
| $5.83M | ﹤0.01% |
453,073
+279,196
| +161% | +$4.49M |
|
2643
Lyell Immunopharma
LYEL
$360M
| $5.82M | ﹤0.01% |
200,603
-248
| -0.1% | -$11.8K |
|
2644
Orange County Bancorp
OBT
$518M
| $5.8M | ﹤0.01% |
219,530
+9,338
| +4% | +$220K |
|
2645
Amplify Energy
AMPY
$166M
| $5.79M | ﹤0.01% |
853,688
+69,104
| +9% | +$455K |
|
|
LUCK
2646
Lucky Strike Entertainment
LUCK
$911M
| $5.79M | ﹤0.01% |
399,150
-182,095
| -31% | -$2.29M |
|
2647
Third Coast Bancshares
TCBX
$738M
| $5.78M | ﹤0.01% |
271,589
-5,990
| -2% | -$120K |
|
|
NVMI
2648
Nova
NVMI
$12.5B
| $5.76M | ﹤0.01% |
24,575
-807
| -3% | -$160K |
|
2649
Bank of Marin Bancorp
BMRC
$459M
| $5.76M | ﹤0.01% |
355,821
+2,542
| +0.7% | +$39.1K |
|
2650
Climb Global Solutions
CLMB
$519M
| $5.73M | ﹤0.01% |
365,048
+14,716
| +4% | +$223K |
|
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.