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 | |
|---|---|---|---|---|---|---|
2651
Civista Bancshares
CIVB
$585M
| $6.21M | ﹤0.01% |
348,352
+9,501
| +3% | +$159K |
|
2652
Iris Energy
IREN
$13.9B
| $6.2M | ﹤0.01% |
735,071
+264,883
| +56% | +$2.43M |
|
2653
Ouster
OUST
$2.82B
| $6.15M | ﹤0.01% |
975,407
+62,202
| +7% | +$591K |
|
2654
Heritage Insurance Holdings
HRTG
$990M
| $6.14M | ﹤0.01% |
501,911
-31,952
| -6% | -$371K |
|
2655
Grindr
GRND
$2.91B
| $6.14M | ﹤0.01% |
514,520
+36,001
| +8% | +$426K |
|
|
INZY
2656
DELISTED
Inozyme Pharma
INZY
| $6.13M | ﹤0.01% |
1,171,172
+19,499
| +2% | +$101K |
|
2657
8x8 Inc
EGHT
$322M
| $6.09M | ﹤0.01% |
2,982,393
+237,181
| +9% | +$524K |
|
|
PHLT
2658
DELISTED
Performant Healthcare Inc
PHLT
| $6.08M | ﹤0.01% |
1,626,437
+70,080
| +5% | +$239K |
|
2659
Biomea Fusion
BMEA
$92.1M
| $6.08M | ﹤0.01% |
601,479
+4,291
| +0.7% | +$27.9K |
|
2660
Heron Therapeutics
HRTX
$63.7M
| $6.06M | ﹤0.01% |
3,045,361
-66,974
| -2% | -$160K |
|
2661
iShares MSCI India ETF
INDA
$6.61B
| – | – |
0
| – | – |
|
2662
Pangaea Logistics
PANL
$483M
| $6.06M | ﹤0.01% |
837,827
+60,841
| +8% | +$420K |
|
|
ONL
2663
Orion Office REIT
ONL
$156M
| $6.05M | ﹤0.01% |
1,512,143
+7,733
| +0.5% | +$30.3K |
|
2664
Treace Medical Concepts
TMCI
$300M
| $6.04M | ﹤0.01% |
1,040,606
-21,413
| -2% | -$138K |
|
2665
Citizens Financial Services
CZFS
$384M
| $6.02M | ﹤0.01% |
103,423
+1,123
| +1% | +$56.4K |
|
2666
Aldeyra Therapeutics
ALDX
$91.7M
| $6.01M | ﹤0.01% |
1,114,628
-23,415
| -2% | -$111K |
|
|
CIO
2667
DELISTED
City Office REIT
CIO
| $6M | ﹤0.01% |
1,026,928
+11,178
| +1% | +$63.2K |
|
2668
Park-Ohio Holdings
PKOH
$712M
| $5.99M | ﹤0.01% |
194,982
+2,928
| +2% | +$82.9K |
|
|
SAVE
2669
DELISTED
Spirit Airlines, Inc.
SAVE
| $5.98M | ﹤0.01% |
2,490,970
+7,493
| +0.3% | +$20.6K |
|
|
OKLO
2670
Oklo
OKLO
$7.8B
| $5.97M | ﹤0.01% |
737,704
+24,937
| +3% | +$188K |
|
|
THRD
2671
DELISTED
Third Harmonic Bio
THRD
| $5.97M | ﹤0.01% |
440,322
+7,845
| +2% | +$97.2K |
|
2672
American Public Education
APEI
$904M
| $5.96M | ﹤0.01% |
404,168
+2,573
| +0.6% | +$42.1K |
|
2673
First Bancorp
FNLC
$393M
| $5.94M | ﹤0.01% |
225,659
+1,599
| +0.7% | +$41.8K |
|
2674
Larimar Therapeutics
LRMR
$424M
| $5.9M | ﹤0.01% |
901,262
-237,861
| -21% | -$1.91M |
|
2675
America's Car Mart
CRMT
$26.9M
| $5.9M | ﹤0.01% |
140,625
+2,807
| +2% | +$163K |
|
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.