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 | |
|---|---|---|---|---|---|---|
2751
Jakks Pacific
JAKK
$293M
| $5.06M | ﹤0.01% |
198,146
+12,809
| +7% | +$282K |
|
2752
Spire Global
SPIR
$555M
| $5.06M | ﹤0.01% |
506,093
+41,612
| +9% | +$434K |
|
2753
Freedom Holding
FRHC
$9.49B
| $5.05M | ﹤0.01% |
53,338
+811
| +2% | +$70.5K |
|
2754
Greene County Bancorp
GCBC
$589M
| $5.05M | ﹤0.01% |
163,326
+2,458
| +2% | +$78.9K |
|
|
RSVR
2755
Reservoir Media
RSVR
$667M
| $5.04M | ﹤0.01% |
620,941
+13,836
| +2% | +$106K |
|
2756
Plumas Bancorp
PLBC
$429M
| $5.03M | ﹤0.01% |
123,399
+6,075
| +5% | +$240K |
|
|
BRT
2757
BRT Apartments
BRT
$271M
| $5.02M | ﹤0.01% |
285,565
-1,049
| -0.4% | -$19.1K |
|
2758
James River Group Holdings
JRVR
$217M
| $5.02M | ﹤0.01% |
800,376
+845
| +0.1% | +$6.2K |
|
2759
Lexeo Therapeutics
LXEO
$378M
| $5M | ﹤0.01% |
553,247
+256,635
| +87% | +$3.06M |
|
2760
Organogenesis Holdings
ORGO
$239M
| $4.99M | ﹤0.01% |
1,745,450
-1,444
| -0.1% | -$4.05K |
|
|
MITT
2761
TPG Mortgage Investment Trust
MITT
$225M
| $4.98M | ﹤0.01% |
663,025
+36,081
| +6% | +$262K |
|
2762
Enanta Pharmaceuticals
ENTA
$400M
| $4.95M | ﹤0.01% |
477,351
+14,575
| +3% | +$191K |
|
|
AMPS
2763
DELISTED
Altus Power
AMPS
| $4.94M | ﹤0.01% |
1,554,290
-14,191
| -0.9% | -$50.6K |
|
2764
Sight Sciences
SGHT
$412M
| $4.94M | ﹤0.01% |
784,129
+12,709
| +2% | +$85.5K |
|
|
PAL
2765
Proficient Auto Logistics
PAL
$204M
| $4.93M | ﹤0.01% |
347,752
+200,977
| +137% | +$3.63M |
|
2766
Hamilton Beach Brands
HBB
$422M
| $4.93M | ﹤0.01% |
161,985
-21,591
| -12% | -$527K |
|
2767
1-800-Flowers.com
FLWS
$258M
| $4.92M | ﹤0.01% |
620,660
-13,216
| -2% | -$118K |
|
2768
ReposiTrak
TRAK
$159M
| $4.9M | ﹤0.01% |
265,110
-1,452
| -0.5% | -$26.4K |
|
2769
Liberty Latin America Class A
LILA
$1.67B
| $4.89M | ﹤0.01% |
751,746
-126,015
| -14% | -$824K |
|
2770
Telos
TLS
$358M
| $4.86M | ﹤0.01% |
1,354,423
+2,254
| +0.2% | +$8.06K |
|
2771
Emergent Biosolutions
EBS
$248M
| $4.86M | ﹤0.01% |
581,958
+25,776
| +5% | +$234K |
|
2772
TScan Therapeutics
TCRX
$52M
| $4.85M | ﹤0.01% |
973,466
+72,967
| +8% | +$440K |
|
2773
Parke Bancorp
PKBK
$405M
| $4.85M | ﹤0.01% |
231,800
+1,447
| +0.6% | +$27.9K |
|
2774
Jasper Therapeutics
JSPR
$23.6M
| $4.84M | ﹤0.01% |
257,416
-2,338
| -0.9% | -$46.6K |
|
|
XOMA
2775
DELISTED
Xoma
XOMA
| $4.84M | ﹤0.01% |
182,741
+1,138
| +0.6% | +$30.8K |
|
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.