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 | |
|---|---|---|---|---|---|---|
2926
Icahn Enterprises
IEP
$5.19B
| $3.43M | ﹤0.01% |
395,266
-12,891
| -3% | -$156K |
|
|
BRDG
2927
DELISTED
Bridge Investment Group
BRDG
| $3.42M | ﹤0.01% |
406,707
-1,002
| -0.2% | -$9.85K |
|
2928
Sutro Biopharma
STRO
$425M
| $3.41M | ﹤0.01% |
185,402
-294
| -0.2% | -$8.97K |
|
2929
Mercer International
MERC
$47.5M
| $3.41M | ﹤0.01% |
524,169
-1,363
| -0.3% | -$8.92K |
|
2930
Eastern Company
EML
$149M
| $3.4M | ﹤0.01% |
128,232
+1,124
| +0.9% | +$33.6K |
|
2931
Hooker Furnishings Corp
HOFT
$164M
| $3.39M | ﹤0.01% |
241,830
+520
| +0.2% | +$8.75K |
|
2932
Compass Therapeutics
CMPX
$357M
| $3.39M | ﹤0.01% |
2,334,171
+24,393
| +1% | +$40.5K |
|
2933
Empire Petroleum
EP
$98.3M
| $3.38M | ﹤0.01% |
444,264
+26,572
| +6% | +$157K |
|
2934
AMES National
ATLO
$276M
| $3.37M | ﹤0.01% |
205,148
+506
| +0.2% | +$8.75K |
|
2935
First Western Financial
MYFW
$315M
| $3.36M | ﹤0.01% |
171,906
-2,664
| -2% | -$54.5K |
|
2936
Senseonics Holdings Inc
SENS
$282M
| $3.35M | ﹤0.01% |
320,255
+28,335
| +10% | +$202K |
|
|
GPMT
2937
Granite Point Mortgage Trust
GPMT
$70M
| $3.35M | ﹤0.01% |
1,200,175
+22,335
| +2% | +$70.3K |
|
|
KEEL
2938
Keel Infrastructure Corp
KEEL
$2.48B
| $3.34M | ﹤0.01% |
2,253,046
+373,592
| +20% | +$747K |
|
2939
PrimeEnergy Resources
PNRG
$302M
| $3.34M | ﹤0.01% |
15,197
-442
| -3% | -$80K |
|
2940
Destination XL Group
DXLG
$31.4M
| $3.32M | ﹤0.01% |
1,235,802
+4,261
| +0.3% | +$11.4K |
|
2941
Bel Fuse Inc Class A
BELFA
$3.45B
| $3.32M | ﹤0.01% |
36,861
+3,167
| +9% | +$313K |
|
2942
CPI Card Group
PMTS
$263M
| $3.31M | ﹤0.01% |
110,582
+1,953
| +2% | +$54.2K |
|
2943
TaskUs
TASK
$599M
| $3.29M | ﹤0.01% |
194,190
-966
| -0.5% | -$13.8K |
|
2944
Liberty Latin America Class A
LILA
$1.69B
| $3.29M | ﹤0.01% |
761,327
+9,581
| +1% | +$52.5K |
|
2945
DMC Global
BOOM
$150M
| $3.28M | ﹤0.01% |
445,566
+2,339
| +0.5% | +$22.1K |
|
|
INZY
2946
DELISTED
Inozyme Pharma
INZY
| $3.27M | ﹤0.01% |
1,179,622
+8,450
| +0.7% | +$32.1K |
|
2947
Wheels Up
UP
$208M
| $3.27M | ﹤0.01% |
98,933
+669
| +0.7% | +$28.2K |
|
2948
Rimini Street
RMNI
$459M
| $3.26M | ﹤0.01% |
1,221,314
+8,211
| +0.7% | +$16.8K |
|
2949
E.W. Scripps
SSP
$261M
| $3.25M | ﹤0.01% |
1,468,827
+26,683
| +2% | +$61.6K |
|
2950
Dakota Gold
DC
$672M
| $3.24M | ﹤0.01% |
1,473,599
+15,046
| +1% | +$33.9K |
|
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.