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 | |
|---|---|---|---|---|---|---|
2751
Primis Financial Corp
FRST
$404M
| $4.77M | ﹤0.01% |
455,556
+16,129
| +4% | +$169K |
|
2752
ProFrac Holding
ACDC
$787M
| $4.77M | ﹤0.01% |
643,461
-12,441
| -2% | -$103K |
|
|
MCHB
2753
Mechanics Bancorp
MCHB
$3.68B
| $4.77M | ﹤0.01% |
418,232
+17,605
| +4% | +$193K |
|
2754
Lexeo Therapeutics
LXEO
$378M
| $4.76M | ﹤0.01% |
296,612
+98,813
| +50% | +$1.44M |
|
2755
BP
BP
$107B
| $4.75M | ﹤0.01% |
131,522
-58,881
| -31% | -$2.21M |
|
2756
BayCom
BCML
$333M
| $4.75M | ﹤0.01% |
233,270
+4,205
| +2% | +$83.7K |
|
2757
Pulse Biosciences
PLSE
$3.02B
| $4.75M | ﹤0.01% |
423,965
+33,006
| +8% | +$311K |
|
|
PSTX
2758
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $4.74M | ﹤0.01% |
1,622,575
+59,215
| +4% | +$162K |
|
2759
Inspired Entertainment
INSE
$175M
| $4.73M | ﹤0.01% |
517,218
-1,898
| -0.4% | -$17.3K |
|
2760
Korro Bio
KRRO
$195M
| $4.73M | ﹤0.01% |
139,658
+81,417
| +140% | +$4.5M |
|
2761
Mama's Creations
MAMA
$833M
| $4.73M | ﹤0.01% |
701,641
+381,859
| +119% | +$2.33M |
|
2762
Fidelity D&D Bancorp
FDBC
$317M
| $4.72M | ﹤0.01% |
107,826
+5,452
| +5% | +$251K |
|
|
PBPB
2763
DELISTED
Potbelly
PBPB
| $4.72M | ﹤0.01% |
587,148
+54,022
| +10% | +$500K |
|
2764
Inovio Pharmaceuticals
INO
$69M
| $4.71M | ﹤0.01% |
582,798
+330,195
| +131% | +$3.47M |
|
2765
Timberland Bancorp
TSBK
$351M
| $4.68M | ﹤0.01% |
172,854
+8,713
| +5% | +$222K |
|
2766
Johnson Outdoors
JOUT
$505M
| $4.67M | ﹤0.01% |
133,504
-1,924
| -1% | -$74.4K |
|
2767
Clarus
CLAR
$143M
| $4.67M | ﹤0.01% |
693,712
+29,289
| +4% | +$193K |
|
2768
Asure Software
ASUR
$250M
| $4.67M | ﹤0.01% |
555,489
+50,027
| +10% | +$378K |
|
2769
Avita Medical
RCEL
$240M
| $4.64M | ﹤0.01% |
586,075
+43,059
| +8% | +$410K |
|
|
TEM
2770
Tempus AI
TEM
$9.39B
| $4.64M | ﹤0.01% |
+132,632
| New | +$4.07M |
|
2771
Acacia Research
ACTG
$470M
| $4.63M | ﹤0.01% |
924,805
+22,326
| +2% | +$116K |
|
2772
Foster
FSTR
$432M
| $4.63M | ﹤0.01% |
215,093
+108,589
| +102% | +$2.79M |
|
2773
Donegal Group Class A
DGICA
$714M
| $4.63M | ﹤0.01% |
359,380
+8,756
| +2% | +$116K |
|
2774
Akebia Therapeutics
AKBA
$252M
| $4.63M | ﹤0.01% |
4,536,292
+2,717,345
| +149% | +$3.36M |
|
|
KEEL
2775
Keel Infrastructure Corp
KEEL
$2.34B
| $4.63M | ﹤0.01% |
1,797,694
+178,603
| +11% | +$384K |
|
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.