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 | |
|---|---|---|---|---|---|---|
3201
Amprius Technologies
AMPX
$1.43B
| $1.63M | ﹤0.01% |
580,819
+32,681
| +6% | +$57.1K |
|
|
BFIN
3202
DELISTED
BankFinancial
BFIN
| $1.61M | ﹤0.01% |
127,046
-210
| -0.2% | -$2.62K |
|
3203
Mammoth Energy Services
TUSK
$130M
| $1.61M | ﹤0.01% |
537,376
+8,526
| +2% | +$31.4K |
|
3204
NeoVolta
NEOV
$136M
| $1.61M | ﹤0.01% |
308,622
+2,298
| +0.8% | +$9.68K |
|
3205
TORM
TRMD
$3.09B
| $1.6M | ﹤0.01% |
82,466
+840
| +1% | +$20.5K |
|
3206
Indivior Pharmaceuticals
INDV
$4.42B
| $1.6M | ﹤0.01% |
128,884
-3,355
| -3% | -$34.5K |
|
3207
FreightCar America
RAIL
$270M
| $1.59M | ﹤0.01% |
177,842
-2,776
| -2% | -$31.2K |
|
3208
Travelzoo
TZOO
$75.9M
| $1.59M | ﹤0.01% |
79,684
-2,557
| -3% | -$44K |
|
3209
loanDepot
LDI
$586M
| $1.58M | ﹤0.01% |
775,097
+54,350
| +8% | +$121K |
|
3210
Barnes & Noble Education
BNED
$447M
| $1.58M | ﹤0.01% |
156,807
+3,968
| +3% | +$40.6K |
|
3211
Security National Financial
SNFCA
$253M
| $1.57M | ﹤0.01% |
143,723
-2,263
| -2% | -$22.8K |
|
3212
Kingstone Companies
KINS
$292M
| $1.57M | ﹤0.01% |
103,211
+7,261
| +8% | +$92.1K |
|
3213
Alpha Teknova
TKNO
$284M
| $1.57M | ﹤0.01% |
187,354
-819
| -0.4% | -$5.7K |
|
3214
Hudbay
HBM
$10.4B
| $1.56M | ﹤0.01% |
190,940
+6,973
| +4% | +$62.5K |
|
|
QIPT
3215
DELISTED
Quipt Home Medical
QIPT
| $1.56M | ﹤0.01% |
512,304
+4,242
| +0.8% | +$11.4K |
|
3216
Comstock
LODE
$229M
| $1.56M | ﹤0.01% |
194,269
+33,854
| +21% | +$145K |
|
3217
dLocal
DLO
$4.51B
| $1.55M | ﹤0.01% |
138,072
-132,458
| -49% | -$1.33M |
|
|
FSFG
3218
DELISTED
First Savings Financial Group
FSFG
| $1.55M | ﹤0.01% |
58,474
+221
| +0.4% | +$5.97K |
|
3219
Richmond Mutual Bancorp
RMBI
$252M
| $1.54M | ﹤0.01% |
108,825
-2,264
| -2% | -$30.8K |
|
|
TSSI
3220
TSS Inc
TSSI
$301M
| $1.54M | ﹤0.01% |
+129,750
| New | +$1.26M |
|
3221
Energy Services of America
ESOA
$285M
| $1.54M | ﹤0.01% |
121,575
-1,889
| -2% | -$24.7K |
|
3222
OR Royalties Inc
OR
$5.71B
| $1.53M | ﹤0.01% |
83,446
+2,981
| +4% | +$58K |
|
3223
Children's Place
PLCE
$56.3M
| $1.51M | ﹤0.01% |
144,330
+5,989
| +4% | +$78.6K |
|
3224
Epsilon Energy
EPSN
$168M
| $1.51M | ﹤0.01% |
243,009
-138
| -0.1% | -$813 |
|
|
AISP
3225
Airship AI Holdings
AISP
$62M
| $1.51M | ﹤0.01% |
240,692
+40,991
| +21% | +$121K |
|
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.