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 | |
|---|---|---|---|---|---|---|
2926
Investar Holding Corp
ISTR
$414M
| $3.41M | ﹤0.01% |
221,524
+110,427
| +99% | +$1.75M |
|
2927
Pyxis Oncology
PYXS
$236M
| $3.4M | ﹤0.01% |
1,027,711
+687,590
| +202% | +$2.89M |
|
2928
Stratus Properties
STRS
$154M
| $3.39M | ﹤0.01% |
134,567
+11,518
| +9% | +$271K |
|
2929
Atlanticus Holdings
ATLC
$1.52B
| $3.39M | ﹤0.01% |
120,153
+14,767
| +14% | +$394K |
|
2930
Verrica Pharmaceuticals
VRCA
$87.3M
| $3.38M | ﹤0.01% |
46,336
+1,405
| +3% | +$108K |
|
2931
Lifezone Metals
LZM
$370M
| $3.37M | ﹤0.01% |
+439,218
| New | +$3.43M |
|
2932
Commercial Vehicle Group
CVGI
$147M
| $3.37M | ﹤0.01% |
688,180
+18,791
| +3% | +$106K |
|
2933
Concrete Pumping Holdings
BBCP
$491M
| $3.36M | ﹤0.01% |
558,726
+10,832
| +2% | +$74.7K |
|
2934
Hamilton Insurance Group
HG
$3.56B
| $3.35M | ﹤0.01% |
201,070
+15,726
| +8% | +$240K |
|
2935
Silvercrest Asset Management
SAMG
$79.9M
| $3.32M | ﹤0.01% |
212,941
+11,697
| +6% | +$176K |
|
2936
Jakks Pacific
JAKK
$293M
| $3.32M | ﹤0.01% |
185,337
+16,139
| +10% | +$318K |
|
|
IAUX
2937
i-80 Gold Corp
IAUX
$1.4B
| $3.32M | ﹤0.01% |
3,070,871
+890,905
| +41% | +$1.04M |
|
2938
RE/MAX Holdings
RMAX
$242M
| $3.31M | ﹤0.01% |
408,103
+15,077
| +4% | +$122K |
|
2939
Bitdeer Technologies
BTDR
$2.65B
| $3.3M | ﹤0.01% |
321,596
-1,185
| -0.4% | -$8.13K |
|
2940
Atossa Therapeutics
ATOS
$23.5M
| $3.3M | ﹤0.01% |
184,646
+103,824
| +128% | +$2.3M |
|
2941
Achieve Life Sciences
ACHV
$683M
| $3.29M | ﹤0.01% |
700,635
+493,851
| +239% | +$2.38M |
|
2942
Paysign
PAYS
$705M
| $3.29M | ﹤0.01% |
763,409
+106,328
| +16% | +$469K |
|
2943
Richardson Electronics
RELL
$304M
| $3.28M | ﹤0.01% |
275,878
+10,540
| +4% | +$112K |
|
2944
Virco
VIRC
$96.3M
| $3.26M | ﹤0.01% |
234,134
+128,931
| +123% | +$1.6M |
|
|
FSP
2945
Franklin Street Properties
FSP
$46.8M
| $3.26M | ﹤0.01% |
2,131,747
+963,563
| +82% | +$1.81M |
|
2946
Star Holdings Shares of Beneficial Interest
STHO
$116M
| $3.26M | ﹤0.01% |
270,077
-5,382
| -2% | -$67.4K |
|
2947
NN Inc
NNBR
$311M
| $3.24M | ﹤0.01% |
1,080,474
+578,688
| +115% | +$2.03M |
|
2948
QuickLogic
QUIK
$257M
| $3.24M | ﹤0.01% |
311,716
+163,577
| +110% | +$2.06M |
|
2949
Eastern Company
EML
$150M
| $3.23M | ﹤0.01% |
126,659
+65,296
| +106% | +$1.9M |
|
2950
Baytex Energy
BTE
$2.92B
| $3.22M | ﹤0.01% |
767,350
+98,862
| +15% | +$354K |
|
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.