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 | |
|---|---|---|---|---|---|---|
2676
Q32 Bio
QTTB
$471M
| $5.88M | ﹤0.01% |
131,768
+24,114
| +22% | +$886K |
|
|
IRBT
2677
DELISTED
iRobot
IRBT
| $5.88M | ﹤0.01% |
676,472
+19,233
| +3% | +$167K |
|
2678
Aviat Networks
AVNW
$275M
| $5.86M | ﹤0.01% |
270,948
-11,219
| -4% | -$299K |
|
2679
Mayville Engineering Co
MEC
$594M
| $5.85M | ﹤0.01% |
277,679
+14,118
| +5% | +$264K |
|
|
WOW
2680
DELISTED
WideOpenWest
WOW
| $5.85M | ﹤0.01% |
1,113,504
+17,185
| +2% | +$91.6K |
|
|
GRAL
2681
GRAIL Inc
GRAL
$3.31B
| $5.84M | ﹤0.01% |
423,974
+2,206
| +0.5% | +$33.4K |
|
2682
Southern First Bancshares
SFST
$592M
| $5.84M | ﹤0.01% |
171,207
+3,154
| +2% | +$101K |
|
2683
Waterstone Financial
WSBF
$372M
| $5.83M | ﹤0.01% |
396,430
-8,609
| -2% | -$125K |
|
2684
Choiceone Financial
COFS
$505M
| $5.79M | ﹤0.01% |
187,342
+32,725
| +21% | +$940K |
|
2685
UroGen Pharma
URGN
$2.26B
| $5.79M | ﹤0.01% |
455,637
+34,248
| +8% | +$508K |
|
2686
Amplify Energy
AMPY
$172M
| $5.77M | ﹤0.01% |
883,676
+29,988
| +4% | +$208K |
|
2687
Radiant Logistics
RLGT
$390M
| $5.77M | ﹤0.01% |
896,878
+123,198
| +16% | +$749K |
|
2688
DMC Global
BOOM
$155M
| $5.75M | ﹤0.01% |
443,227
-13,172
| -3% | -$167K |
|
|
PINE
2689
Alpine Income Property Trust
PINE
$343M
| $5.73M | ﹤0.01% |
314,727
-7,387
| -2% | -$129K |
|
2690
Savers
SVV
$1.9B
| $5.71M | ﹤0.01% |
542,999
+50,051
| +10% | +$510K |
|
2691
Domo
DOMO
$184M
| $5.7M | ﹤0.01% |
759,353
+4,091
| +0.5% | +$31.2K |
|
2692
Microvision
MVIS
$84.1M
| $5.7M | ﹤0.01% |
333,306
+24,219
| +8% | +$377K |
|
2693
Primis Financial Corp
FRST
$400M
| $5.68M | ﹤0.01% |
466,212
+10,656
| +2% | +$126K |
|
2694
Viemed Healthcare
VMD
$360M
| $5.67M | ﹤0.01% |
772,808
-2,673
| -0.3% | -$19.1K |
|
2695
Itaú Unibanco
ITUB
$86.7B
| $5.66M | ﹤0.01% |
964,956
-26,420
| -3% | -$149K |
|
2696
John Marshall Bancorp
JMSB
$326M
| $5.65M | ﹤0.01% |
285,732
+2,215
| +0.8% | +$41.5K |
|
2697
Colony Bankcorp
CBAN
$463M
| $5.64M | ﹤0.01% |
363,547
+7,740
| +2% | +$110K |
|
2698
Village Super Market
VLGEA
$625M
| $5.64M | ﹤0.01% |
177,468
+2,994
| +2% | +$88.9K |
|
|
EWCZ
2699
DELISTED
European Wax Center
EWCZ
| $5.58M | ﹤0.01% |
820,728
+30,804
| +4% | +$239K |
|
2700
Red River Bancshares
RRBI
$648M
| $5.57M | ﹤0.01% |
107,037
+135
| +0.1% | +$6.94K |
|
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.