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 | |
|---|---|---|---|---|---|---|
|
INZY
2701
DELISTED
Inozyme Pharma
INZY
| $5.14M | ﹤0.01% |
1,151,673
+84,194
| +8% | +$408K |
|
2702
Getty Images
GETY
$183M
| $5.14M | ﹤0.01% |
1,575,422
+1,169,983
| +289% | +$4.37M |
|
2703
Red River Bancshares
RRBI
$659M
| $5.13M | ﹤0.01% |
106,902
+2,289
| +2% | +$107K |
|
2704
Ginkgo Bioworks
DNA
$521M
| $5.12M | ﹤0.01% |
382,807
-164,457
| -30% | -$4.91M |
|
2705
Itaú Unibanco
ITUB
$87.5B
| $5.11M | ﹤0.01% |
991,376
-3,238
| -0.3% | -$17.7K |
|
2706
Nektar Therapeutics
NKTR
$2.58B
| $5.1M | ﹤0.01% |
274,167
+137,295
| +100% | +$2.89M |
|
2707
The Honest Company
HNST
$586M
| $5.1M | ﹤0.01% |
1,745,626
+965,968
| +124% | +$2.87M |
|
|
OPTU
2708
Optimum Communications Inc
OPTU
$301M
| $5.08M | ﹤0.01% |
2,491,249
+52,053
| +2% | +$116K |
|
2709
Viemed Healthcare
VMD
$371M
| $5.08M | ﹤0.01% |
775,481
+23,922
| +3% | +$180K |
|
2710
Codexis
CDXS
$158M
| $5.06M | ﹤0.01% |
1,632,957
+70,278
| +4% | +$226K |
|
|
CIO
2711
DELISTED
City Office REIT
CIO
| $5.06M | ﹤0.01% |
1,015,750
+21,943
| +2% | +$105K |
|
2712
Sutro Biopharma
STRO
$421M
| $5.05M | ﹤0.01% |
172,494
+43,862
| +34% | +$1.73M |
|
2713
LifeMD
LFMD
$172M
| $5.05M | ﹤0.01% |
735,635
+431,548
| +142% | +$3.95M |
|
2714
Spire Global
SPIR
$555M
| $5.04M | ﹤0.01% |
464,481
+287,225
| +162% | +$2.97M |
|
2715
Bioventus
BVS
$1.19B
| $5.03M | ﹤0.01% |
875,122
+450,358
| +106% | +$2.47M |
|
2716
American Vanguard Corp
AVD
$68.9M
| $5.03M | ﹤0.01% |
584,805
+247
| +0% | +$2.53K |
|
2717
Rackspace Technology
RXT
$1.24B
| $5.02M | ﹤0.01% |
1,685,695
+132,802
| +9% | +$266K |
|
2718
RUM Group Inc
RUM
$1.76B
| $5.02M | ﹤0.01% |
904,762
+15,765
| +2% | +$102K |
|
2719
Hallador Energy
HNRG
$696M
| $5.02M | ﹤0.01% |
645,708
+86,341
| +15% | +$541K |
|
|
PINE
2720
Alpine Income Property Trust
PINE
$352M
| $5.01M | ﹤0.01% |
322,114
-962
| -0.3% | -$14.7K |
|
|
MRSN
2721
DELISTED
Mersana Therapeutics
MRSN
| $5.01M | ﹤0.01% |
99,737
+5,408
| +6% | +$391K |
|
2722
Methanex
MEOH
$4.12B
| $5.01M | ﹤0.01% |
103,668
+5,027
| +5% | +$251K |
|
2723
JFrog
FROG
$10.8B
| $5.01M | ﹤0.01% |
133,459
+4,633
| +4% | +$170K |
|
2724
Hyliion Holdings
HYLN
$690M
| $5.01M | ﹤0.01% |
3,092,635
+36,649
| +1% | +$54.4K |
|
|
BRT
2725
BRT Apartments
BRT
$271M
| $5.01M | ﹤0.01% |
286,614
-1,706
| -0.6% | -$29.9K |
|
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.