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 | |
|---|---|---|---|---|---|---|
|
IAUX
3151
i-80 Gold Corp
IAUX
$1.16B
| $1.89M | ﹤0.01% |
3,886,847
+113,650
| +3% | +$91.9K |
|
|
AIRJ
3152
Montana Technologies Corp
AIRJ
$368M
| $1.88M | ﹤0.01% |
236,349
+49,244
| +26% | +$358K |
|
3153
HireQuest
HQI
$198M
| $1.87M | ﹤0.01% |
132,303
+909
| +0.7% | +$12.9K |
|
3154
OP Bancorp
OPBK
$237M
| $1.86M | ﹤0.01% |
117,793
-410
| -0.3% | -$6.29K |
|
3155
EVI Industries
EVI
$180M
| $1.86M | ﹤0.01% |
113,880
+892
| +0.8% | +$17K |
|
3156
Ondas Inc
ONDS
$4.77B
| $1.86M | ﹤0.01% |
726,165
+103,570
| +17% | +$108K |
|
3157
AirSculpt Technologies
AIRS
$344M
| $1.86M | ﹤0.01% |
357,885
+2,345
| +0.7% | +$14.4K |
|
3158
Lineage Cell Therapeutics
LCTX
$277M
| $1.85M | ﹤0.01% |
3,690,486
+11,206
| +0.3% | +$8.23K |
|
|
DCBO
3159
Docebo
DCBO
$533M
| $1.83M | ﹤0.01% |
40,903
+360
| +0.9% | +$17K |
|
3160
Enterprise Products Partners
EPD
$81.9B
| $1.83M | ﹤0.01% |
58,359
-1,283
| -2% | -$39.4K |
|
3161
Enlight Renewable Energy
ENLT
$11.6B
| $1.83M | ﹤0.01% |
106,057
+2,467
| +2% | +$39.7K |
|
3162
Citizens
CIA
$236M
| $1.83M | ﹤0.01% |
454,961
-3,925
| -0.9% | -$17.6K |
|
3163
Expensify
EXFY
$178M
| $1.83M | ﹤0.01% |
544,680
+29,732
| +6% | +$80K |
|
3164
Torrid Holdings
CURV
$264M
| $1.82M | ﹤0.01% |
347,808
+87,879
| +34% | +$354K |
|
3165
Acrivon Therapeutics
ACRV
$66.8M
| $1.81M | ﹤0.01% |
301,389
-714
| -0.2% | -$5.19K |
|
3166
Tenaya Therapeutics
TNYA
$158M
| $1.81M | ﹤0.01% |
1,268,737
-27,419
| -2% | -$61.5K |
|
3167
TransAlta
TAC
$3.9B
| $1.81M | ﹤0.01% |
126,761
+4,140
| +3% | +$47.3K |
|
3168
DLH Holdings
DLHC
$72.8M
| $1.8M | ﹤0.01% |
224,561
-2,057
| -0.9% | -$17.2K |
|
3169
Commercial Vehicle Group
CVGI
$156M
| $1.8M | ﹤0.01% |
726,227
+21,902
| +3% | +$58.5K |
|
3170
XBiotech
XBIT
$68.1M
| $1.8M | ﹤0.01% |
454,527
+2,263
| +0.5% | +$15.4K |
|
3171
Radware
RDWR
$1.16B
| $1.8M | ﹤0.01% |
79,686
+902
| +1% | +$20.6K |
|
|
APLT
3172
DELISTED
Applied Therapeutics
APLT
| $1.78M | ﹤0.01% |
2,084,142
-7,527
| -0.4% | -$47.2K |
|
3173
KORU Medical Systems
KRMD
$194M
| $1.78M | ﹤0.01% |
463,178
+1,050
| +0.2% | +$3.41K |
|
|
SUNS
3174
Sunrise Realty Trust
SUNS
$105M
| $1.77M | ﹤0.01% |
125,942
+1,887
| +2% | +$27.3K |
|
|
NNE
3175
Nano Nuclear Energy
NNE
$944M
| $1.77M | ﹤0.01% |
71,068
+4,844
| +7% | +$110K |
|
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.