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 | |
|---|---|---|---|---|---|---|
3001
908 Devices
MASS
$364M
| $2.89M | ﹤0.01% |
561,154
+33,893
| +6% | +$205K |
|
3002
Perma-Fix Environmental Services
PESI
$383M
| $2.89M | ﹤0.01% |
285,196
+150,120
| +111% | +$1.66M |
|
|
VRN
3003
DELISTED
Veren
VRN
| $2.89M | ﹤0.01% |
364,792
+116,532
| +47% | +$981K |
|
3004
CPI Card Group
PMTS
$320M
| $2.88M | ﹤0.01% |
105,801
+11,885
| +13% | +$268K |
|
3005
Latham Group
SWIM
$880M
| $2.88M | ﹤0.01% |
951,522
+37,024
| +4% | +$129K |
|
3006
Plains GP Holdings
PAGP
$4.9B
| $2.88M | ﹤0.01% |
153,053
-22,076
| -13% | -$405K |
|
3007
Entravision Communication
EVC
$1.1B
| $2.88M | ﹤0.01% |
1,416,257
+101,314
| +8% | +$210K |
|
3008
INmune Bio
INMB
$57.7M
| $2.85M | ﹤0.01% |
323,204
+152,402
| +89% | +$1.5M |
|
|
GOEV
3009
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $2.85M | ﹤0.01% |
66,887
+40,198
| +151% | +$1.97M |
|
3010
AudioEye
AEYE
$75M
| $2.82M | ﹤0.01% |
160,200
+90,105
| +129% | +$1.59M |
|
|
KWY
3011
Kingsway Corp
KWY
$293M
| $2.8M | ﹤0.01% |
340,294
+20,995
| +7% | +$174K |
|
3012
Kyverna Therapeutics
KYTX
$484M
| $2.79M | ﹤0.01% |
372,598
+200,362
| +116% | +$3.06M |
|
|
LLAP
3013
DELISTED
Terran Orbital Corporation
LLAP
| $2.79M | ﹤0.01% |
3,403,790
+793,500
| +30% | +$851K |
|
|
ELEV
3014
DELISTED
Elevation Oncology
ELEV
| $2.79M | ﹤0.01% |
1,031,576
+683,143
| +196% | +$2.57M |
|
|
AY
3015
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.78M | ﹤0.01% |
126,870
-996
| -0.8% | -$20.9K |
|
3016
Lifecore Biomedical
LFCR
$190M
| $2.78M | ﹤0.01% |
541,982
+255,020
| +89% | +$1.51M |
|
3017
Ramaco Resources Class B
METCB
$408M
| $2.76M | ﹤0.01% |
274,313
+50,842
| +23% | +$532K |
|
3018
Bakkt Inc
BKKT
$337M
| $2.76M | ﹤0.01% |
145,785
+81,689
| +127% | +$1.1M |
|
3019
Porch Group
PRCH
$1.8B
| $2.76M | ﹤0.01% |
1,824,748
+911,687
| +100% | +$2.54M |
|
3020
HF Foods Group
HFFG
$83.4M
| $2.76M | ﹤0.01% |
918,246
+47,061
| +5% | +$150K |
|
|
CTNM
3021
Contineum Therapeutics
CTNM
$566M
| $2.75M | ﹤0.01% |
+156,421
| New | +$2.52M |
|
3022
Smith-Midland
SMID
$152M
| $2.75M | ﹤0.01% |
99,327
+54,159
| +120% | +$1.98M |
|
3023
Tredegar Corp
TG
$310M
| $2.75M | ﹤0.01% |
573,950
+4,943
| +0.9% | +$28.8K |
|
3024
Core Molding Technologies
CMT
$234M
| $2.75M | ﹤0.01% |
172,262
+14,905
| +9% | +$272K |
|
|
BRDG
3025
DELISTED
Bridge Investment Group
BRDG
| $2.72M | ﹤0.01% |
366,734
+41,635
| +13% | +$298K |
|
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.