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 | |
|---|---|---|---|---|---|---|
|
BRDG
2876
DELISTED
Bridge Investment Group
BRDG
| $4.03M | ﹤0.01% |
407,709
+40,975
| +11% | +$334K |
|
|
TEAD
2877
Teads Holding Co
TEAD
$67.7M
| $4.02M | ﹤0.01% |
827,151
+33,500
| +4% | +$162K |
|
|
PVBC
2878
DELISTED
Provident Bancorp
PVBC
| $4.01M | ﹤0.01% |
371,738
+6,078
| +2% | +$64.9K |
|
2879
Gevo
GEVO
$382M
| $4M | ﹤0.01% |
2,455,703
-65,905
| -3% | -$53.4K |
|
2880
ProFrac Holding
ACDC
$787M
| $4M | ﹤0.01% |
588,608
-54,853
| -9% | -$385K |
|
2881
Perma-Fix Environmental Services
PESI
$383M
| $3.99M | ﹤0.01% |
325,173
+39,977
| +14% | +$428K |
|
2882
Blink Charging
BLNK
$87.9M
| $3.98M | ﹤0.01% |
2,314,558
+222,949
| +11% | +$532K |
|
2883
Pyxis Oncology
PYXS
$236M
| $3.98M | ﹤0.01% |
1,084,727
+57,016
| +6% | +$200K |
|
2884
Caribou Biosciences
CRBU
$164M
| $3.98M | ﹤0.01% |
2,030,443
+124,782
| +7% | +$256K |
|
|
KEEL
2885
Keel Infrastructure Corp
KEEL
$2.34B
| $3.97M | ﹤0.01% |
1,879,454
+81,760
| +5% | +$190K |
|
2886
Traeger
COOK
$172M
| $3.96M | ﹤0.01% |
21,538
-509
| -2% | -$75.3K |
|
2887
JFrog
FROG
$10.8B
| $3.94M | ﹤0.01% |
135,642
+2,183
| +2% | +$68.6K |
|
2888
Nature's Sunshine
NATR
$288M
| $3.94M | ﹤0.01% |
288,976
-1,981
| -0.7% | -$28.4K |
|
2889
Inhibrx
INBX
$1.3B
| $3.93M | ﹤0.01% |
251,219
+40,902
| +19% | +$575K |
|
2890
Accuray
ARAY
$34M
| $3.92M | ﹤0.01% |
2,179,396
+45,548
| +2% | +$86.7K |
|
2891
GoPro
GPRO
$126M
| $3.91M | ﹤0.01% |
2,873,065
-17,863
| -0.6% | -$24.6K |
|
2892
Orion Group Holdings
ORN
$418M
| $3.91M | ﹤0.01% |
676,917
+10,098
| +2% | +$77.7K |
|
|
FFNW
2893
DELISTED
First Financial Northwest, Inc
FFNW
| $3.87M | ﹤0.01% |
171,924
-9,735
| -5% | -$215K |
|
2894
AerSale
ASLE
$279M
| $3.85M | ﹤0.01% |
762,669
+11,304
| +2% | +$65.3K |
|
2895
Silvercrest Asset Management
SAMG
$79.9M
| $3.85M | ﹤0.01% |
223,418
+10,477
| +5% | +$169K |
|
2896
Velocity Financial
VEL
$729M
| $3.83M | ﹤0.01% |
195,475
-2,433
| -1% | -$45.9K |
|
2897
Pearson
PSO
$9.9B
| $3.82M | ﹤0.01% |
281,153
-13,333
| -5% | -$179K |
|
2898
Gyre Therapeutics
GYRE
$744M
| $3.81M | ﹤0.01% |
303,647
+43,840
| +17% | +$565K |
|
2899
Evolution Petroleum
EPM
$131M
| $3.77M | ﹤0.01% |
709,864
+1,153
| +0.2% | +$6.08K |
|
2900
Maui Land & Pineapple Co
MLP
$344M
| $3.77M | ﹤0.01% |
167,830
+1,333
| +0.8% | +$30.7K |
|
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.