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 | |
|---|---|---|---|---|---|---|
3176
MediWound
MDWD
$185M
| $1.72M | ﹤0.01% |
95,302
-2,365
| -2% | -$43.2K |
|
3177
Hawthorn Bancshares
HWBK
$278M
| $1.72M | ﹤0.01% |
68,657
+6,955
| +11% | +$155K |
|
|
OBE
3178
Obsidian Energy
OBE
$662M
| $1.71M | ﹤0.01% |
237,380
+200,121
| +537% | +$1.34M |
|
3179
Inseego
INSG
$90.5M
| $1.7M | ﹤0.01% |
104,304
+7,325
| +8% | +$94.4K |
|
3180
Hudbay
HBM
$12.3B
| $1.7M | ﹤0.01% |
183,967
+8,664
| +5% | +$69.8K |
|
3181
Comstock Holding Companies
CHCI
$153M
| $1.7M | ﹤0.01% |
170,117
+4,371
| +3% | +$31.3K |
|
3182
Nerdy
NRDY
$96.7M
| $1.69M | ﹤0.01% |
1,718,647
+145,575
| +9% | +$186K |
|
3183
CervoMed
CRVO
$26.6M
| $1.68M | ﹤0.01% |
114,934
+14,042
| +14% | +$218K |
|
3184
Eldorado Gold
EGO
$9.89B
| $1.68M | ﹤0.01% |
95,911
+6,629
| +7% | +$112K |
|
|
CLPR
3185
Clipper Realty
CLPR
$46.2M
| $1.67M | ﹤0.01% |
292,811
+9,009
| +3% | +$40.3K |
|
3186
Comtech Telecommunications
CMTL
$51.8M
| $1.67M | ﹤0.01% |
346,840
+33,305
| +11% | +$109K |
|
3187
Citizens
CIA
$192M
| $1.66M | ﹤0.01% |
458,886
+10,235
| +2% | +$29.9K |
|
3188
Century Therapeutics
IPSC
$361M
| $1.66M | ﹤0.01% |
968,182
+32,614
| +3% | +$63.9K |
|
3189
Invivyd
IVVD
$218M
| $1.65M | ﹤0.01% |
1,622,221
-13,680
| -0.8% | -$14.8K |
|
|
GOEV
3190
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $1.65M | ﹤0.01% |
83,981
+17,094
| +26% | +$574K |
|
3191
Eton Pharmaceutcials
ETON
$1.22B
| $1.64M | ﹤0.01% |
272,696
+32,365
| +13% | +$137K |
|
|
GHLD
3192
DELISTED
Guild Holdings
GHLD
| $1.63M | ﹤0.01% |
98,244
+1,901
| +2% | +$29.5K |
|
3193
NexGen Energy
NXE
$6.99B
| $1.63M | ﹤0.01% |
248,478
-26,935
| -10% | -$167K |
|
3194
ThredUp
TDUP
$422M
| $1.59M | ﹤0.01% |
1,889,294
+74,334
| +4% | +$90.8K |
|
|
MRX
3195
Marex Group Limited Ordinary Shares
MRX
$4.37B
| $1.59M | ﹤0.01% |
67,188
-120
| -0.2% | -$2.68K |
|
3196
PDS Biotechnology
PDSB
$43.4M
| $1.59M | ﹤0.01% |
415,113
+37,142
| +10% | +$124K |
|
3197
Motorcar Parts of America
MPAA
$258M
| $1.57M | ﹤0.01% |
212,994
+27,961
| +15% | +$173K |
|
3198
GDS Holdings
GDS
$6.41B
| $1.57M | ﹤0.01% |
77,057
+13,121
| +21% | +$185K |
|
3199
Immunic
IMUX
$195M
| $1.56M | ﹤0.01% |
94,553
+927
| +1% | +$13.2K |
|
|
SNCR
3200
DELISTED
Synchronoss Technologies
SNCR
| $1.56M | ﹤0.01% |
104,557
+4,159
| +4% | +$48.7K |
|
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.