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
|
+$1.49B |
| 2 |
Microsoft
MSFT
|
+$1.32B |
| 3 |
NVIDIA
NVDA
|
+$1.31B |
| 4 |
Amazon
AMZN
|
+$1.03B |
| 5 |
Meta Platforms (Facebook)
META
|
+$599M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$366M |
| 2 |
MRO
Marathon Oil Corporation
MRO
|
+$354M |
| 3 |
CTLT
CATALENT, INC.
CTLT
|
+$257M |
| 4 |
Palo Alto Networks
PANW
|
+$176M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.81% |
| 2 | Financials | 13.54% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Healthcare | 10.13% |
| 5 | Communication Services | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2876
Chegg
CHGG
$115M
| $3.74M | ﹤0.01% |
2,321,739
+6,552
| +0.3% | +$12.1K |
|
|
RAPP
2877
Rapport Therapeutics
RAPP
$2.02B
| $3.74M | ﹤0.01% |
210,676
+8,928
| +4% | +$198K |
|
2878
Lexeo Therapeutics
LXEO
$346M
| $3.73M | ﹤0.01% |
567,383
+14,136
| +3% | +$111K |
|
2879
Concrete Pumping Holdings
BBCP
$497M
| $3.73M | ﹤0.01% |
560,387
-4,364
| -0.8% | -$26.9K |
|
2880
Forum Energy Technologies
FET
$836M
| $3.73M | ﹤0.01% |
240,738
-2,770
| -1% | -$41.8K |
|
|
LSEA
2881
DELISTED
Landsea Homes
LSEA
| $3.73M | ﹤0.01% |
439,087
+7,773
| +2% | +$83.8K |
|
2882
Evolution Petroleum
EPM
$127M
| $3.73M | ﹤0.01% |
712,521
+2,657
| +0.4% | +$14.5K |
|
2883
Perspective Therapeutics
CATX
$342M
| $3.73M | ﹤0.01% |
1,167,428
+3,224
| +0.3% | +$26.3K |
|
2884
Chemung Financial Corp
CHMG
$397M
| $3.72M | ﹤0.01% |
76,296
-535
| -0.7% | -$26.7K |
|
2885
Velocity Financial
VEL
$700M
| $3.71M | ﹤0.01% |
189,566
-5,909
| -3% | -$117K |
|
2886
Crawford & Co Class A
CRD.A
$610M
| $3.7M | ﹤0.01% |
320,210
+1,409
| +0.4% | +$16.2K |
|
2887
Precigen
PGEN
$2.33B
| $3.7M | ﹤0.01% |
3,299,851
+53,343
| +2% | +$45.5K |
|
|
FFNW
2888
DELISTED
First Financial Northwest, Inc
FFNW
| $3.69M | ﹤0.01% |
170,083
-1,841
| -1% | -$41.1K |
|
2889
Innovative Industrial Properties
IIPR
$1.75B
| $3.69M | ﹤0.01% |
55,179
+2,307
| +4% | +$260K |
|
2890
Nektar Therapeutics
NKTR
$2.46B
| $3.68M | ﹤0.01% |
263,839
-367
| -0.1% | -$6.47K |
|
2891
Gyre Therapeutics
GYRE
$686M
| $3.68M | ﹤0.01% |
304,098
+451
| +0.1% | +$5.77K |
|
2892
Fate Therapeutics
FATE
$300M
| $3.68M | ﹤0.01% |
2,226,967
-31,279
| -1% | -$78.8K |
|
2893
Maui Land & Pineapple Co
MLP
$352M
| $3.67M | ﹤0.01% |
167,102
-728
| -0.4% | -$16.6K |
|
|
ESSA
2894
DELISTED
ESSA Bancorp
ESSA
| $3.64M | ﹤0.01% |
186,717
+623
| +0.3% | +$12.2K |
|
2895
Sonida Senior Living
SNDA
$1.83B
| $3.64M | ﹤0.01% |
157,616
+64,186
| +69% | +$1.58M |
|
2896
SEACOR Marine Holdings
SMHI
$257M
| $3.64M | ﹤0.01% |
554,343
-8,108
| -1% | -$60.3K |
|
2897
W&T Offshore
WTI
$509M
| $3.64M | ﹤0.01% |
2,189,364
+42,795
| +2% | +$85.5K |
|
2898
Perma-Fix Environmental Services
PESI
$377M
| $3.62M | ﹤0.01% |
327,122
+1,949
| +0.6% | +$25.6K |
|
2899
Getty Images
GETY
$200M
| $3.62M | ﹤0.01% |
1,675,635
+11,680
| +0.7% | +$38.1K |
|
2900
Alector
ALEC
$171M
| $3.62M | ﹤0.01% |
1,914,250
+10,308
| +0.5% | +$38.8K |
|
Similar funds
Geode Capital Management's Q4 2024 Portfolio in Review
As of Q4 2024, Geode Capital Management held 4,614 positions worth $1.29T, up 4.5% from $1.23T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.7%. Geode Capital Management opened 80 new positions and exited 137, leaving the 4,614-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2024 buy was Primo Brands: 3,477,223 shares worth $107M.
- Geode Capital Management added most to Apple in Q4 2024, an estimated $1.49B increase.
- Geode Capital Management's biggest Q4 2024 reduction was Alphabet (Google) Class A, cutting an estimated $366M.
- Geode Capital Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $354M.
- Geode Capital Management's ten largest holdings make up 32% of its $1.29T portfolio in Q4 2024.
- Geode Capital Management opened 80 new positions and closed 137 in Q4 2024.
- Geode Capital Management's portfolio value rose 4.5% quarter-over-quarter to $1.29T.
Based on Geode Capital Management's 13F filing for Q4 2024, filed 12 Feb 2025.