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 | |
|---|---|---|---|---|---|---|
2901
Oppenheimer Holdings
OPY
$1.2B
| $3.59M | ﹤0.01% |
74,885
+866
| +1% | +$37K |
|
2902
Lineage Cell Therapeutics
LCTX
$278M
| $3.59M | ﹤0.01% |
3,596,006
+342,950
| +11% | +$379K |
|
2903
Ranger Energy Services
RNGR
$377M
| $3.58M | ﹤0.01% |
339,872
+36,647
| +12% | +$386K |
|
2904
Digital Turbine
APPS
$1.74B
| $3.58M | ﹤0.01% |
2,153,616
+7,994
| +0.4% | +$15.5K |
|
2905
Dakota Gold
DC
$804M
| $3.56M | ﹤0.01% |
1,397,635
+109,209
| +8% | +$291K |
|
2906
Quad
QUAD
$525M
| $3.56M | ﹤0.01% |
653,816
+19,644
| +3% | +$96.5K |
|
2907
Outdoor Holding Co
POWW
$247M
| $3.56M | ﹤0.01% |
2,120,574
+86,484
| +4% | +$208K |
|
|
ALIM
2908
DELISTED
Alimera Sciences
ALIM
| $3.55M | ﹤0.01% |
638,396
+260,159
| +69% | +$924K |
|
2909
Velocity Financial
VEL
$729M
| $3.55M | ﹤0.01% |
197,908
+7,006
| +4% | +$124K |
|
2910
Southern California Bancorp
BCAL
$682M
| $3.55M | ﹤0.01% |
263,273
+132,535
| +101% | +$1.84M |
|
2911
Virgin Galactic
SPCE
$398M
| $3.54M | ﹤0.01% |
419,986
+33,028
| +9% | +$599K |
|
2912
Viant Technology
DSP
$265M
| $3.54M | ﹤0.01% |
358,536
+32,875
| +10% | +$307K |
|
|
GPMT
2913
Granite Point Mortgage Trust
GPMT
$61.2M
| $3.54M | ﹤0.01% |
1,190,986
+15,938
| +1% | +$59K |
|
|
BHR
2914
Braemar Hotels & Resorts
BHR
$142M
| $3.54M | ﹤0.01% |
1,386,225
+23,715
| +2% | +$62.4K |
|
2915
Redwire
RDW
$3.25B
| $3.53M | ﹤0.01% |
492,780
+194,631
| +65% | +$936K |
|
2916
Alico
ALCO
$283M
| $3.53M | ﹤0.01% |
136,169
+2,064
| +2% | +$55.8K |
|
|
CALB
2917
DELISTED
California BanCorp Common Stock
CALB
| $3.52M | ﹤0.01% |
163,790
+94,177
| +135% | +$2.03M |
|
|
LSEA
2918
DELISTED
Landsea Homes
LSEA
| $3.51M | ﹤0.01% |
381,484
+9,678
| +3% | +$103K |
|
2919
Shattuck Labs
STTK
$694M
| $3.49M | ﹤0.01% |
904,069
+456,331
| +102% | +$3.71M |
|
2920
Virginia National Bankshares
VABK
$260M
| $3.46M | ﹤0.01% |
105,526
+4,045
| +4% | +$118K |
|
2921
CVRx
CVRX
$63.4M
| $3.46M | ﹤0.01% |
288,681
+32,551
| +13% | +$375K |
|
2922
Hooker Furnishings Corp
HOFT
$166M
| $3.46M | ﹤0.01% |
238,817
+5,490
| +2% | +$96.2K |
|
2923
Future Fuel
FF
$223M
| $3.45M | ﹤0.01% |
672,340
+97,586
| +17% | +$527K |
|
2924
SkinHealth Systems
SKIN
$85.7M
| $3.45M | ﹤0.01% |
1,795,505
-101,141
| -5% | -$285K |
|
2925
Trevi Therapeutics
TRVI
$2.64B
| $3.42M | ﹤0.01% |
1,146,748
+248,783
| +28% | +$691K |
|
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.