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 | |
|---|---|---|---|---|---|---|
3226
Greenwich LifeSciences
GLSI
$199M
| $1.51M | ﹤0.01% |
134,071
+521
| +0.4% | +$6.97K |
|
3227
SB Financial Group
SBFG
$167M
| $1.5M | ﹤0.01% |
71,749
+673
| +0.9% | +$13.8K |
|
3228
Algoma Steel
ASTL
$413M
| $1.5M | ﹤0.01% |
152,846
+1,985
| +1% | +$20.5K |
|
3229
Acumen Pharmaceuticals
ABOS
$157M
| $1.5M | ﹤0.01% |
870,555
+6,027
| +0.7% | +$14.5K |
|
3230
Eldorado Gold
EGO
$8.37B
| $1.5M | ﹤0.01% |
99,562
+3,651
| +4% | +$60.3K |
|
3231
FinWise Bancorp
FINW
$196M
| $1.49M | ﹤0.01% |
93,428
+1,820
| +2% | +$31K |
|
3232
Full Truck Alliance
YMM
$10.1B
| $1.49M | ﹤0.01% |
137,631
+19,227
| +16% | +$188K |
|
|
BIOA
3233
BioAge Labs
BIOA
$479M
| $1.49M | ﹤0.01% |
+256,995
| New | +$4.43M |
|
3234
NLI Holdings
NL
$289M
| $1.47M | ﹤0.01% |
189,522
+3,924
| +2% | +$31.1K |
|
3235
The ONE Group
STKS
$54.6M
| $1.47M | ﹤0.01% |
506,337
+8,162
| +2% | +$27.1K |
|
|
UBFO
3236
DELISTED
United Security Bancshares
UBFO
| $1.47M | ﹤0.01% |
145,254
-522
| -0.4% | -$4.87K |
|
3237
Myomo
MYO
$40.2M
| $1.46M | ﹤0.01% |
227,260
-1,838
| -0.8% | -$8.94K |
|
3238
Zai Lab
ZLAB
$2.05B
| $1.45M | ﹤0.01% |
55,520
+11,894
| +27% | +$330K |
|
3239
Waldencast
WALD
$218M
| $1.44M | ﹤0.01% |
358,835
+1,357
| +0.4% | +$4.76K |
|
3240
IAMGOLD
IAG
$8.53B
| $1.43M | ﹤0.01% |
274,756
+10,468
| +4% | +$55.9K |
|
3241
Kewaunee Scientific
KEQU
$107M
| $1.43M | ﹤0.01% |
23,167
-617
| -3% | -$25.1K |
|
3242
Blue Ridge Bankshares
BRBS
$323M
| $1.43M | ﹤0.01% |
444,849
-7,012
| -2% | -$22.1K |
|
|
CDTX
3243
DELISTED
Cidara Therapeutics
CDTX
| $1.43M | ﹤0.01% |
53,068
+170
| +0.3% | +$2.76K |
|
|
CKPT
3244
DELISTED
Checkpoint Therapeutics
CKPT
| $1.43M | ﹤0.01% |
445,111
+17,460
| +4% | +$59.2K |
|
3245
PepGen
PEPG
$130M
| $1.41M | ﹤0.01% |
372,855
-2,470
| -0.7% | -$15.4K |
|
|
GOCO
3246
DELISTED
GoHealth
GOCO
| $1.41M | ﹤0.01% |
105,514
+1,779
| +2% | +$20.2K |
|
3247
Triple Flag Precious Metals
TFPM
$6.05B
| $1.4M | ﹤0.01% |
74,739
+9,995
| +15% | +$166K |
|
|
SCWX
3248
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.4M | ﹤0.01% |
165,469
+5,039
| +3% | +$42K |
|
3249
United States Antimony
UAMY
$839M
| $1.4M | ﹤0.01% |
788,728
+16,905
| +2% | +$17K |
|
3250
Alto Ingredients
ALTO
$377M
| $1.39M | ﹤0.01% |
893,951
+8,435
| +1% | +$13.2K |
|
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.