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 | |
|---|---|---|---|---|---|---|
3026
Hamilton Beach Brands
HBB
$322M
| $2.72M | ﹤0.01% |
161,726
-259
| -0.2% | -$5.99K |
|
|
KG
3027
Kestrel Group
KG
$73.3M
| $2.71M | ﹤0.01% |
80,273
-87
| -0.1% | -$2.78K |
|
3028
ODDITY Tech
ODD
$694M
| $2.71M | ﹤0.01% |
64,440
+815
| +1% | +$35.1K |
|
3029
ThredUp
TDUP
$796M
| $2.66M | ﹤0.01% |
1,915,620
+26,326
| +1% | +$29.5K |
|
3030
Achieve Life Sciences
ACHV
$660M
| $2.66M | ﹤0.01% |
755,845
+6,736
| +0.9% | +$30.5K |
|
3031
Atossa Therapeutics
ATOS
$22.7M
| $2.66M | ﹤0.01% |
187,612
-18
| -0% | -$351 |
|
|
SCPH
3032
DELISTED
scPharmaceuticals
SCPH
| $2.66M | ﹤0.01% |
750,493
+107,151
| +17% | +$410K |
|
3033
NI Holdings
NODK
$316M
| $2.66M | ﹤0.01% |
169,151
-139
| -0.1% | -$2.2K |
|
3034
Lyell Immunopharma
LYEL
$332M
| $2.65M | ﹤0.01% |
206,863
+5,865
| +3% | +$116K |
|
3035
Kornit Digital
KRNT
$786M
| $2.64M | ﹤0.01% |
85,167
+1,938
| +2% | +$55.6K |
|
3036
eGain
EGAN
$199M
| $2.63M | ﹤0.01% |
421,730
-36,053
| -8% | -$192K |
|
3037
Lexicon Pharmaceuticals
LXRX
$1.07B
| $2.6M | ﹤0.01% |
3,521,255
-2,716
| -0.1% | -$3.27K |
|
3038
Star Holdings Shares of Beneficial Interest
STHO
$112M
| $2.59M | ﹤0.01% |
265,886
-1,425
| -0.5% | -$16.6K |
|
3039
Traeger
COOK
$188M
| $2.59M | ﹤0.01% |
21,627
+89
| +0.4% | +$13.7K |
|
3040
Abeona Therapeutics
ABEO
$382M
| $2.58M | ﹤0.01% |
463,727
-1,590
| -0.3% | -$9.78K |
|
3041
NACCO Industries
NC
$363M
| $2.58M | ﹤0.01% |
86,635
+783
| +0.9% | +$23.2K |
|
|
RDNW
3042
RideNow Group
RDNW
$264M
| $2.58M | ﹤0.01% |
475,315
+32,987
| +7% | +$183K |
|
3043
Safe Bulkers
SB
$789M
| $2.58M | ﹤0.01% |
722,470
-3,005
| -0.4% | -$12.6K |
|
3044
Palladyne AI
PDYN
$284M
| $2.57M | ﹤0.01% |
209,752
+33,308
| +19% | +$116K |
|
3045
X4 Pharmaceuticals
XFOR
$400M
| $2.57M | ﹤0.01% |
116,574
+1,657
| +1% | +$26.4K |
|
3046
Townsquare Media
TSQ
$112M
| $2.55M | ﹤0.01% |
280,897
+1,912
| +0.7% | +$19.2K |
|
3047
Rezolute
RZLT
$498M
| $2.53M | ﹤0.01% |
517,014
+25,413
| +5% | +$128K |
|
3048
Cabaletta Bio
CABA
$452M
| $2.52M | ﹤0.01% |
1,110,702
+16,058
| +1% | +$56.4K |
|
3049
Aemetis
AMTX
$112M
| $2.52M | ﹤0.01% |
934,993
+10,700
| +1% | +$33.6K |
|
3050
IBEX
IBEX
$484M
| $2.5M | ﹤0.01% |
116,387
-1,444
| -1% | -$28.4K |
|
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.