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 | |
|---|---|---|---|---|---|---|
2776
Biote Corp
BTMD
$44.9M
| $4.62M | ﹤0.01% |
618,205
+137,802
| +29% | +$850K |
|
2777
Village Super Market
VLGEA
$639M
| $4.61M | ﹤0.01% |
174,474
+9,308
| +6% | +$262K |
|
|
SRTA
2778
Strata Critical Medical Inc
SRTA
$512M
| $4.6M | ﹤0.01% |
1,323,021
+36,064
| +3% | +$120K |
|
2779
Natural Gas Services Group
NGS
$477M
| $4.6M | ﹤0.01% |
228,792
+135,460
| +145% | +$2.97M |
|
|
SSBK
2780
DELISTED
Southern States Bancshares
SSBK
| $4.6M | ﹤0.01% |
169,356
+18,248
| +12% | +$466K |
|
2781
Karat Packaging
KRT
$940M
| $4.57M | ﹤0.01% |
154,625
+12,478
| +9% | +$351K |
|
|
TPIC
2782
DELISTED
TPI Composites
TPIC
| $4.57M | ﹤0.01% |
1,144,261
+171,243
| +18% | +$658K |
|
2783
Citizens Financial Services
CZFS
$387M
| $4.55M | ﹤0.01% |
102,300
+11,729
| +13% | +$503K |
|
|
ONTF
2784
DELISTED
ON24
ONTF
| $4.54M | ﹤0.01% |
755,131
+5,613
| +0.7% | +$35.6K |
|
2785
Alta Equipment Group
ALTG
$245M
| $4.54M | ﹤0.01% |
564,137
+42,516
| +8% | +$430K |
|
2786
Orchestra BioMed
OBIO
$254M
| $4.53M | ﹤0.01% |
556,217
+116,119
| +26% | +$673K |
|
2787
Weyco Group
WEYS
$440M
| $4.53M | ﹤0.01% |
149,520
+8,406
| +6% | +$249K |
|
2788
Bausch Health
BHC
$2.34B
| $4.52M | ﹤0.01% |
527,813
+99,416
| +23% | +$752K |
|
2789
Willis Lease Finance
WLFC
$1.29B
| $4.51M | ﹤0.01% |
195,405
+20,652
| +12% | +$399K |
|
|
PHLT
2790
DELISTED
Performant Healthcare Inc
PHLT
| $4.51M | ﹤0.01% |
1,556,357
+76,739
| +5% | +$220K |
|
2791
Unity Bancorp
UNTY
$599M
| $4.5M | ﹤0.01% |
152,098
+6,231
| +4% | +$168K |
|
2792
Destination XL Group
DXLG
$35.4M
| $4.5M | ﹤0.01% |
1,235,356
-5,749
| -0.5% | -$19.8K |
|
2793
W&T Offshore
WTI
$518M
| $4.48M | ﹤0.01% |
2,094,383
+28,516
| +1% | +$66.2K |
|
2794
Zevra Therapeutics
ZVRA
$686M
| $4.48M | ﹤0.01% |
914,264
+127,244
| +16% | +$603K |
|
|
TSVT
2795
DELISTED
2seventy bio
TSVT
| $4.48M | ﹤0.01% |
1,163,100
+20,067
| +2% | +$90.5K |
|
|
URG
2796
Ur-Energy
URG
$556M
| $4.47M | ﹤0.01% |
+3,191,168
| New | +$5.29M |
|
2797
Omega Flex
OFLX
$312M
| $4.46M | ﹤0.01% |
87,004
-2,041
| -2% | -$130K |
|
2798
Inogen
INGN
$164M
| $4.46M | ﹤0.01% |
548,270
+31,499
| +6% | +$244K |
|
2799
Safe Bulkers
SB
$774M
| $4.45M | ﹤0.01% |
764,754
+30,843
| +4% | +$166K |
|
|
BLUE
2800
DELISTED
bluebird bio
BLUE
| $4.45M | ﹤0.01% |
225,814
+9,901
| +5% | +$198K |
|
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.