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 | |
|---|---|---|---|---|---|---|
3101
PrimeEnergy Resources
PNRG
$298M
| $2.16M | ﹤0.01% |
15,639
+935
| +6% | +$116K |
|
3102
Petrobras
PBR
$116B
| $2.15M | ﹤0.01% |
149,348
| – | – |
|
3103
Kornit Digital
KRNT
$791M
| $2.15M | ﹤0.01% |
83,229
+11,049
| +15% | +$203K |
|
3104
Northern Technologies International Corp
NTIC
$80M
| $2.15M | ﹤0.01% |
174,534
-2,449
| -1% | -$32.3K |
|
3105
Acumen Pharmaceuticals
ABOS
$176M
| $2.14M | ﹤0.01% |
864,528
+52,395
| +6% | +$142K |
|
3106
Children's Place
PLCE
$59.8M
| $2.14M | ﹤0.01% |
138,341
-3,311
| -2% | -$29.3K |
|
3107
Rekor Systems
REKR
$91.7M
| $2.14M | ﹤0.01% |
1,813,380
+94,907
| +6% | +$140K |
|
3108
Aemetis
AMTX
$124M
| $2.13M | ﹤0.01% |
924,293
+66,031
| +8% | +$185K |
|
3109
DLH Holdings
DLHC
$69.9M
| $2.12M | ﹤0.01% |
226,618
+764
| +0.3% | +$8.05K |
|
|
RDNW
3110
RideNow Group
RDNW
$262M
| $2.12M | ﹤0.01% |
442,328
+35,536
| +9% | +$147K |
|
3111
374Water
SCWO
$37.6M
| $2.12M | ﹤0.01% |
155,693
+15,848
| +11% | +$193K |
|
3112
Acrivon Therapeutics
ACRV
$74M
| $2.12M | ﹤0.01% |
302,103
-6,290
| -2% | -$49.6K |
|
3113
Ultralife
ULBI
$106M
| $2.1M | ﹤0.01% |
232,681
+2,835
| +1% | +$29.2K |
|
|
SHCO
3114
DELISTED
Soho House & Co
SHCO
| $2.05M | ﹤0.01% |
402,463
-11,352
| -3% | -$62.2K |
|
|
SBT
3115
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $2.05M | ﹤0.01% |
451,150
+40,414
| +10% | +$220K |
|
3116
ReNew
RNW
$2.25B
| $2.05M | ﹤0.01% |
325,595
+902
| +0.3% | +$5.35K |
|
3117
Angi Inc
ANGI
$196M
| $2.05M | ﹤0.01% |
79,247
-13,078
| -14% | -$315K |
|
3118
MeiraGTx Holdings
MGTX
$1.21B
| $2.04M | ﹤0.01% |
490,239
-5,378
| -1% | -$23.3K |
|
3119
Quantum-Si Incorporated
QSI
$177M
| $2.04M | ﹤0.01% |
2,316,921
+145,091
| +7% | +$141K |
|
3120
Senseonics Holdings Inc
SENS
$366M
| $2.04M | ﹤0.01% |
291,920
+8,955
| +3% | +$72.2K |
|
|
SRG
3121
Seritage Growth Properties
SRG
$136M
| $2.04M | ﹤0.01% |
438,940
-14,848
| -3% | -$69.5K |
|
|
CAN
3122
Canaan Creative
CAN
$159M
| $2.03M | ﹤0.01% |
2,011,482
-432,944
| -18% | -$431K |
|
3123
Tilly's
TLYS
$128M
| $2.03M | ﹤0.01% |
397,717
+10,258
| +3% | +$53.4K |
|
3124
Energy Transfer Partners
ET
$69.3B
| $2.03M | ﹤0.01% |
126,331
+5,127
| +4% | +$82.5K |
|
|
SVCO
3125
Silvaco Group
SVCO
$256M
| $2.02M | ﹤0.01% |
141,386
+74,644
| +112% | +$1.23M |
|
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.