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 | |
|---|---|---|---|---|---|---|
2951
Virco
VIRC
$96.3M
| $3.33M | ﹤0.01% |
240,844
+6,710
| +3% | +$102K |
|
|
CLYM
2952
Climb Bio
CLYM
$804M
| $3.32M | ﹤0.01% |
651,297
+479,700
| +280% | +$3.39M |
|
|
SMC
2953
Summit Midstream
SMC
$419M
| $3.31M | ﹤0.01% |
+94,549
| New | +$3.41M |
|
2954
HF Foods Group
HFFG
$83.4M
| $3.29M | ﹤0.01% |
922,061
+3,815
| +0.4% | +$12.4K |
|
2955
Concrete Pumping Holdings
BBCP
$491M
| $3.27M | ﹤0.01% |
564,751
+6,025
| +1% | +$36.8K |
|
|
ALMS
2956
Alumis Inc
ALMS
$3.52B
| $3.27M | ﹤0.01% |
+305,680
| New | +$3.71M |
|
2957
E.W. Scripps
SSP
$304M
| $3.24M | ﹤0.01% |
1,442,144
+51,289
| +4% | +$131K |
|
2958
Nautilus Biotechnolgy
NAUT
$115M
| $3.24M | ﹤0.01% |
1,135,542
+811
| +0.1% | +$2.1K |
|
2959
ClearPoint Neuro
CLPT
$433M
| $3.22M | ﹤0.01% |
287,294
+4,170
| +1% | +$39.9K |
|
2960
PepGen
PEPG
$197M
| $3.21M | ﹤0.01% |
375,325
-3,772
| -1% | -$44.6K |
|
|
SMLR
2961
DELISTED
Semler Scientific
SMLR
| $3.2M | ﹤0.01% |
135,959
+12,964
| +11% | +$372K |
|
2962
Clarus
CLAR
$143M
| $3.19M | ﹤0.01% |
708,201
+14,489
| +2% | +$73K |
|
2963
Shattuck Labs
STTK
$694M
| $3.18M | ﹤0.01% |
912,202
+8,133
| +0.9% | +$30.3K |
|
|
AOMR
2964
Angel Oak Mortgage REIT
AOMR
$209M
| $3.17M | ﹤0.01% |
304,141
-77,873
| -20% | -$899K |
|
2965
InnovAge Holding
INNV
$1.52B
| $3.17M | ﹤0.01% |
527,955
+27,304
| +5% | +$162K |
|
2966
BigBear.ai
BBAI
$1.57B
| $3.15M | ﹤0.01% |
2,158,438
+479,401
| +29% | +$708K |
|
2967
Twin Disc
TWIN
$348M
| $3.13M | ﹤0.01% |
250,924
+3,109
| +1% | +$39.9K |
|
2968
NIO
NIO
$11.9B
| $3.12M | ﹤0.01% |
467,564
-7,417,861
| -94% | -$34.1M |
|
2969
Biote Corp
BTMD
$44.9M
| $3.12M | ﹤0.01% |
558,989
-59,216
| -10% | -$395K |
|
2970
Candel Therapeutics
CADL
$776M
| $3.11M | ﹤0.01% |
448,997
+51,111
| +13% | +$318K |
|
2971
ASP Isotopes
ASPI
$558M
| $3.11M | ﹤0.01% |
1,118,423
+334,836
| +43% | +$890K |
|
2972
Virgin Galactic
SPCE
$398M
| $3.1M | ﹤0.01% |
508,088
+88,102
| +21% | +$589K |
|
2973
Camtek
CAMT
$7.25B
| $3.09M | ﹤0.01% |
38,757
-60
| -0.2% | -$5.85K |
|
2974
Taylor Devices
TAYD
$175M
| $3.09M | ﹤0.01% |
61,814
+3,636
| +6% | +$188K |
|
2975
American Vanguard Corp
AVD
$68.9M
| $3.08M | ﹤0.01% |
581,973
-2,832
| -0.5% | -$20K |
|
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.