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 | |
|---|---|---|---|---|---|---|
|
MRX
3101
Marex Group Limited Ordinary Shares
MRX
$4.61B
| $2.12M | ﹤0.01% |
67,908
+720
| +1% | +$20.2K |
|
3102
Ramaco Resources Class B
METCB
$450M
| $2.11M | ﹤0.01% |
224,833
-9,768
| -4% | -$94.8K |
|
3103
Melco Resorts & Entertainment
MLCO
$2.17B
| $2.11M | ﹤0.01% |
364,090
+27,411
| +8% | +$185K |
|
3104
Consumer Portfolio Services
CPSS
$208M
| $2.1M | ﹤0.01% |
193,181
+2,411
| +1% | +$24.7K |
|
3105
InnovAge Holding
INNV
$1.52B
| $2.08M | ﹤0.01% |
530,263
+2,308
| +0.4% | +$11.9K |
|
3106
Criteo S.A. Ordinary Shares
CRTO
$1.07B
| $2.07M | ﹤0.01% |
52,429
+3,286
| +7% | +$131K |
|
|
ADVM
3107
DELISTED
Adverum Biotechnologies
ADVM
| $2.07M | ﹤0.01% |
442,490
+3,434
| +0.8% | +$23.1K |
|
|
VRN
3108
DELISTED
Veren
VRN
| $2.07M | ﹤0.01% |
398,943
+18,557
| +5% | +$102K |
|
3109
ZIM Integrated Shipping Services
ZIM
$3.14B
| $2.06M | ﹤0.01% |
95,839
+7,753
| +9% | +$170K |
|
3110
Fresenius Medical Care
FMS
$13.6B
| $2.05M | ﹤0.01% |
90,750
| – | – |
|
3111
Stem
STEM
$50.3M
| $2.05M | ﹤0.01% |
170,233
-9,971
| -6% | -$85.8K |
|
3112
Black Diamond Therapeutics
BDTX
$99.7M
| $2.05M | ﹤0.01% |
959,316
+14,439
| +2% | +$41.4K |
|
3113
Weibo
WB
$2.01B
| $2.05M | ﹤0.01% |
214,289
-9,158
| -4% | -$87.7K |
|
3114
LifeVantage
LFVN
$83M
| $2.05M | ﹤0.01% |
116,591
-2,475
| -2% | -$34.7K |
|
3115
Solid Biosciences
SLDB
$790M
| $2.04M | ﹤0.01% |
509,802
+4,932
| +1% | +$27.1K |
|
3116
Gossamer Bio
GOSS
$84.9M
| $2.04M | ﹤0.01% |
2,250,461
+38,084
| +2% | +$32.6K |
|
|
MOMO
3117
Hello Group
MOMO
$879M
| $2.03M | ﹤0.01% |
263,883
+756
| +0.3% | +$5.37K |
|
|
RGLS
3118
DELISTED
Regulus Therapeutics
RGLS
| $2.02M | ﹤0.01% |
1,279,331
-1,236
| -0.1% | -$1.9K |
|
3119
Kyverna Therapeutics
KYTX
$457M
| $2.02M | ﹤0.01% |
539,682
+96,370
| +22% | +$462K |
|
|
EARN
3120
Ellington Residential Mortgage REIT
EARN
$164M
| $2.02M | ﹤0.01% |
304,629
+34,779
| +13% | +$233K |
|
3121
Banco Bradesco
BBD
$39.4B
| $2.01M | ﹤0.01% |
1,052,366
-72,683
| -6% | -$170K |
|
3122
BRC Group Holdings
RILY
$301M
| $2M | ﹤0.01% |
436,166
-960
| -0.2% | -$5.01K |
|
3123
Bilibili
BILI
$8.05B
| $2M | ﹤0.01% |
110,560
+1,140
| +1% | +$23.9K |
|
3124
Alto Neuroscience
ANRO
$1.06B
| $2M | ﹤0.01% |
472,657
+2,669
| +0.6% | +$16.7K |
|
|
HIVE
3125
HIVE Digital Technologies
HIVE
$791M
| $2M | ﹤0.01% |
700,046
-3,559
| -0.5% | -$13.3K |
|
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.