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 | |
|---|---|---|---|---|---|---|
2651
Lightwave Logic
LWLG
$1.05B
| $6.02M | ﹤0.01% |
2,867,308
+29,719
| +1% | +$85.2K |
|
2652
Utah Medical Products
UTMD
$232M
| $6.02M | ﹤0.01% |
97,937
+857
| +0.9% | +$55.4K |
|
2653
Bridgewater Bancshares
BWB
$579M
| $6.02M | ﹤0.01% |
445,403
-5,048
| -1% | -$74.2K |
|
2654
Natural Gas Services Group
NGS
$468M
| $6.02M | ﹤0.01% |
224,489
-3,348
| -1% | -$78.6K |
|
|
TEAD
2655
Teads Holding Co
TEAD
$78.8M
| $6.02M | ﹤0.01% |
837,889
+10,738
| +1% | +$58.5K |
|
2656
Ponce Financial Group
PDLB
$496M
| $5.99M | ﹤0.01% |
460,482
-2,129
| -0.5% | -$26.1K |
|
|
EB
2657
DELISTED
Eventbrite
EB
| $5.98M | ﹤0.01% |
1,778,279
+11,135
| +0.6% | +$36.9K |
|
|
UPB
2658
Upstream Bio Inc
UPB
$349M
| $5.97M | ﹤0.01% |
+363,269
| New | +$8.11M |
|
2659
Radiant Logistics
RLGT
$393M
| $5.97M | ﹤0.01% |
891,104
-5,774
| -0.6% | -$39.8K |
|
2660
Eve Holding
EVEX
$836M
| $5.97M | ﹤0.01% |
1,096,885
+246,863
| +29% | +$928K |
|
|
ACCD
2661
DELISTED
Accolade Inc
ACCD
| $5.97M | ﹤0.01% |
1,744,393
-37,645
| -2% | -$134K |
|
2662
BlackSky Technology
BKSY
$978M
| $5.95M | ﹤0.01% |
551,444
+267,427
| +94% | +$2.29M |
|
|
SSBK
2663
DELISTED
Southern States Bancshares
SSBK
| $5.93M | ﹤0.01% |
177,922
+5,849
| +3% | +$197K |
|
|
FLIC
2664
DELISTED
First of Long Island Corp
FLIC
| $5.9M | ﹤0.01% |
504,859
+3,978
| +0.8% | +$53.1K |
|
2665
Aquestive Therapeutics
AQST
$476M
| $5.89M | ﹤0.01% |
1,654,596
-12,919
| -0.8% | -$59.6K |
|
|
FVR
2666
FrontView REIT
FVR
$473M
| $5.87M | ﹤0.01% |
+323,651
| New | +$6.12M |
|
2667
Foster
FSTR
$434M
| $5.85M | ﹤0.01% |
217,374
-1,588
| -0.7% | -$38K |
|
2668
Plumas Bancorp
PLBC
$428M
| $5.85M | ﹤0.01% |
123,676
+277
| +0.2% | +$12.4K |
|
|
SRTA
2669
Strata Critical Medical Inc
SRTA
$480M
| $5.83M | ﹤0.01% |
1,371,977
-3,318
| -0.2% | -$12.6K |
|
2670
Real Brokerage
REAX
$355M
| $5.82M | ﹤0.01% |
1,264,640
+40,457
| +3% | +$212K |
|
|
PBPB
2671
DELISTED
Potbelly
PBPB
| $5.82M | ﹤0.01% |
617,199
+8,863
| +1% | +$80.5K |
|
|
ONL
2672
Orion Office REIT
ONL
$155M
| $5.8M | ﹤0.01% |
1,563,825
+51,682
| +3% | +$203K |
|
2673
ReposiTrak
TRAK
$159M
| $5.78M | ﹤0.01% |
261,071
-4,039
| -2% | -$85.5K |
|
2674
Weyco Group
WEYS
$385M
| $5.74M | ﹤0.01% |
152,911
-1,916
| -1% | -$67.7K |
|
2675
John Marshall Bancorp
JMSB
$334M
| $5.71M | ﹤0.01% |
284,194
-1,538
| -0.5% | -$33.6K |
|
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.