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 | |
|---|---|---|---|---|---|---|
2651
Liberty Latin America Class A
LILA
$1.67B
| $5.73M | ﹤0.01% |
877,761
-51,206
| -6% | -$285K |
|
2652
Blink Charging
BLNK
$87.9M
| $5.73M | ﹤0.01% |
2,091,609
+795,829
| +61% | +$2.27M |
|
2653
MBIA
MBI
$260M
| $5.73M | ﹤0.01% |
1,043,400
+77,343
| +8% | +$463K |
|
2654
Granite Ridge Resources
GRNT
$644M
| $5.72M | ﹤0.01% |
904,276
+267,133
| +42% | +$1.72M |
|
2655
American Coastal Insurance
ACIC
$493M
| $5.72M | ﹤0.01% |
542,105
+94,279
| +21% | +$1.06M |
|
2656
EVgo
EVGO
$229M
| $5.71M | ﹤0.01% |
2,328,976
-38,199
| -2% | -$78.3K |
|
2657
Park Aerospace
PKE
$819M
| $5.7M | ﹤0.01% |
416,625
-1,965
| -0.5% | -$28.3K |
|
2658
Frontier Group Holdings
ULCC
$1.7B
| $5.67M | ﹤0.01% |
1,149,597
+173,907
| +18% | +$1.04M |
|
2659
ATN International
ATNI
$492M
| $5.66M | ﹤0.01% |
248,095
+6,543
| +3% | +$159K |
|
|
USAP
2660
DELISTED
Universal Stainless & Alloy
USAP
| $5.65M | ﹤0.01% |
206,242
+115,611
| +128% | +$3.41M |
|
|
THRD
2661
DELISTED
Third Harmonic Bio
THRD
| $5.62M | ﹤0.01% |
432,477
+32,409
| +8% | +$401K |
|
|
EBTC
2662
DELISTED
Enterprise Bancorp
EBTC
| $5.6M | ﹤0.01% |
224,860
+9,023
| +4% | +$221K |
|
2663
Pulmonx
LUNG
$87.6M
| $5.59M | ﹤0.01% |
881,635
+47,111
| +6% | +$362K |
|
2664
SGHC Ltd
SGHC
$6.63B
| $5.58M | ﹤0.01% |
1,728,417
+240,930
| +16% | +$813K |
|
2665
Riley Exploration Permian
REPX
$758M
| $5.58M | ﹤0.01% |
196,976
+55,392
| +39% | +$1.53M |
|
2666
Absci
ABSI
$1.51B
| $5.57M | ﹤0.01% |
1,809,697
+1,123,538
| +164% | +$5.21M |
|
|
SLRN
2667
DELISTED
ACELYRIN
SLRN
| $5.57M | ﹤0.01% |
1,262,983
+32,988
| +3% | +$155K |
|
2668
First Bancorp
FNLC
$399M
| $5.57M | ﹤0.01% |
224,060
+19,062
| +9% | +$445K |
|
2669
FS Bancorp
FSBW
$320M
| $5.57M | ﹤0.01% |
152,696
+7,368
| +5% | +$241K |
|
2670
AngioDynamics
ANGO
$649M
| $5.53M | ﹤0.01% |
914,358
+5,282
| +0.6% | +$32.6K |
|
2671
Centuri Holdings
CTRI
$2.41B
| $5.52M | ﹤0.01% |
+283,144
| New | +$7.19M |
|
2672
CorMedix
CRMD
$584M
| $5.51M | ﹤0.01% |
1,271,293
+88,121
| +7% | +$448K |
|
|
ILPT
2673
Industrial Logistics Properties Trust
ILPT
$586M
| $5.49M | ﹤0.01% |
1,490,882
+680,897
| +84% | +$2.63M |
|
2674
Solid Power
SLDP
$532M
| $5.48M | ﹤0.01% |
3,318,261
+139,628
| +4% | +$241K |
|
2675
Lexicon Pharmaceuticals
LXRX
$1.1B
| $5.46M | ﹤0.01% |
3,250,535
+861,398
| +36% | +$1.55M |
|
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.