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 | |
|---|---|---|---|---|---|---|
2876
Heritage Insurance Holdings
HRTG
$991M
| $3.78M | ﹤0.01% |
533,863
+278,420
| +109% | +$2.46M |
|
2877
Rimini Street
RMNI
$471M
| $3.77M | ﹤0.01% |
1,227,366
+35,333
| +3% | +$97K |
|
2878
Aldeyra Therapeutics
ALDX
$93.5M
| $3.77M | ﹤0.01% |
1,138,043
+109,845
| +11% | +$430K |
|
2879
SES AI
SES
$208M
| $3.76M | ﹤0.01% |
3,011,017
+67,806
| +2% | +$92K |
|
2880
Tucows
TCX
$175M
| $3.76M | ﹤0.01% |
194,760
-24,749
| -11% | -$476K |
|
2881
National Bankshares
NKSH
$268M
| $3.74M | ﹤0.01% |
132,271
+4,822
| +4% | +$143K |
|
2882
Evolution Petroleum
EPM
$131M
| $3.74M | ﹤0.01% |
708,711
+28,817
| +4% | +$162K |
|
2883
Ring Energy
REI
$339M
| $3.73M | ﹤0.01% |
2,207,022
+399,256
| +22% | +$734K |
|
|
PVBC
2884
DELISTED
Provident Bancorp
PVBC
| $3.73M | ﹤0.01% |
365,660
+173,715
| +91% | +$1.6M |
|
2885
Mistras Group
MG
$512M
| $3.73M | ﹤0.01% |
449,375
+21,919
| +5% | +$192K |
|
|
ZYXI
2886
DELISTED
Zynex
ZYXI
| $3.72M | ﹤0.01% |
398,735
-27,678
| -6% | -$294K |
|
2887
Cibus
CBUS
$138M
| $3.7M | ﹤0.01% |
376,035
+200,502
| +114% | +$3.03M |
|
2888
Aveanna Healthcare
AVAH
$2.07B
| $3.69M | ﹤0.01% |
1,337,826
+134,240
| +11% | +$335K |
|
2889
Pearson
PSO
$9.9B
| $3.68M | ﹤0.01% |
294,486
| – | – |
|
2890
Maui Land & Pineapple Co
MLP
$344M
| $3.67M | ﹤0.01% |
166,497
+10,649
| +7% | +$220K |
|
2891
Tower Semiconductor
TSEM
$28.5B
| $3.66M | ﹤0.01% |
93,024
+7,331
| +9% | +$260K |
|
|
FREE
2892
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $3.65M | ﹤0.01% |
751,141
+390,054
| +108% | +$1.88M |
|
2893
Princeton Bancorp
BPRN
$287M
| $3.64M | ﹤0.01% |
109,923
+5,117
| +5% | +$155K |
|
2894
Vera Bradley
VRA
$98.7M
| $3.64M | ﹤0.01% |
581,194
+47,515
| +9% | +$331K |
|
2895
Full House Resorts
FLL
$89M
| $3.63M | ﹤0.01% |
726,813
+27,720
| +4% | +$141K |
|
2896
CS Disco
LAW
$279M
| $3.63M | ﹤0.01% |
609,376
+81,299
| +15% | +$562K |
|
2897
Bankwell Financial Group
BWFG
$533M
| $3.6M | ﹤0.01% |
141,904
+11,681
| +9% | +$284K |
|
2898
Chemung Financial Corp
CHMG
$392M
| $3.59M | ﹤0.01% |
74,863
+1,557
| +2% | +$66.5K |
|
2899
Arq
ARQ
$89.3M
| $3.59M | ﹤0.01% |
591,923
+316,610
| +115% | +$2.18M |
|
2900
Cartesian Therapeutics
RNAC
$268M
| $3.59M | ﹤0.01% |
132,963
+49,665
| +60% | +$1.19M |
|
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.