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 | |
|---|---|---|---|---|---|---|
2801
Choiceone Financial
COFS
$510M
| $4.43M | ﹤0.01% |
154,617
+5,884
| +4% | +$150K |
|
2802
Greif Class B
GEF.B
$4.21B
| $4.43M | ﹤0.01% |
70,812
+2,207
| +3% | +$142K |
|
2803
Mercer International
MERC
$39.8M
| $4.41M | ﹤0.01% |
516,575
+6,805
| +1% | +$65.6K |
|
|
SHCR
2804
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $4.41M | ﹤0.01% |
3,266,433
-3,562,011
| -52% | -$2.93M |
|
2805
Pure Cycle
PCYO
$261M
| $4.41M | ﹤0.01% |
461,277
+19,228
| +4% | +$182K |
|
2806
Radiant Logistics
RLGT
$395M
| $4.4M | ﹤0.01% |
773,680
+15,885
| +2% | +$82.7K |
|
2807
Alamos Gold
AGI
$13.9B
| $4.4M | ﹤0.01% |
269,679
+21,303
| +9% | +$334K |
|
2808
Mayville Engineering Co
MEC
$617M
| $4.39M | ﹤0.01% |
263,561
+32,355
| +14% | +$489K |
|
2809
Innovative Industrial Properties
IIPR
$1.72B
| $4.39M | ﹤0.01% |
40,081
+6,242
| +18% | +$655K |
|
2810
Nature's Sunshine
NATR
$288M
| $4.39M | ﹤0.01% |
290,957
+4,571
| +2% | +$78.1K |
|
2811
Gencor Industries
GENC
$212M
| $4.38M | ﹤0.01% |
226,260
+8,255
| +4% | +$152K |
|
2812
E.W. Scripps
SSP
$304M
| $4.37M | ﹤0.01% |
1,390,855
+36,363
| +3% | +$115K |
|
2813
Colony Bankcorp
CBAN
$467M
| $4.36M | ﹤0.01% |
355,807
+21,932
| +7% | +$250K |
|
2814
ArriVent BioPharma
AVBP
$1.44B
| $4.36M | ﹤0.01% |
234,944
+9,895
| +4% | +$176K |
|
|
XOMA
2815
DELISTED
Xoma
XOMA
| $4.3M | ﹤0.01% |
181,603
+11,554
| +7% | +$289K |
|
2816
Tilray
TLRY
$622M
| $4.26M | ﹤0.01% |
209,070
+32,983
| +19% | +$633K |
|
|
TTSH
2817
DELISTED
Tile Shop Holdings
TTSH
| $4.26M | ﹤0.01% |
614,363
+24,814
| +4% | +$166K |
|
|
BLFY
2818
DELISTED
Blue Foundry Bancorp
BLFY
| $4.25M | ﹤0.01% |
468,942
+153
| +0% | +$1.36K |
|
2819
Capital Bancorp
CBNK
$615M
| $4.25M | ﹤0.01% |
207,460
+8,745
| +4% | +$175K |
|
2820
Lands' End
LE
$403M
| $4.25M | ﹤0.01% |
312,785
+4,620
| +1% | +$62.1K |
|
|
SMLR
2821
DELISTED
Semler Scientific
SMLR
| $4.23M | ﹤0.01% |
122,995
+8,909
| +8% | +$257K |
|
2822
Norwood Financial Corp
NWFL
$368M
| $4.23M | ﹤0.01% |
166,571
+8,490
| +5% | +$210K |
|
2823
ALX Oncology
ALXO
$290M
| $4.22M | ﹤0.01% |
700,406
+95,692
| +16% | +$1.18M |
|
2824
Plumas Bancorp
PLBC
$429M
| $4.22M | ﹤0.01% |
117,324
+3,931
| +3% | +$138K |
|
2825
Forum Energy Technologies
FET
$835M
| $4.22M | ﹤0.01% |
250,350
+34,889
| +16% | +$642K |
|
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.