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 | |
|---|---|---|---|---|---|---|
3276
Blue Ridge Bankshares
BRBS
$332M
| $1.27M | ﹤0.01% |
451,861
+293,897
| +186% | +$802K |
|
3277
KORU Medical Systems
KRMD
$164M
| $1.26M | ﹤0.01% |
462,128
+28,323
| +7% | +$69.8K |
|
3278
Immatics
IMTX
$1.32B
| $1.26M | ﹤0.01% |
110,007
-210
| -0.2% | -$2.49K |
|
3279
Stem
STEM
$52.7M
| $1.26M | ﹤0.01% |
180,204
+8,300
| +5% | +$131K |
|
3280
Babcock & Wilcox
BW
$1.39B
| $1.25M | ﹤0.01% |
614,043
+12,159
| +2% | +$17.3K |
|
3281
Strawberry Fields REIT
STRW
$190M
| $1.25M | ﹤0.01% |
98,445
+12,129
| +14% | +$139K |
|
3282
First Capital
FCAP
$214M
| $1.25M | ﹤0.01% |
35,687
+1,520
| +4% | +$48.4K |
|
|
BCAX
3283
Bicara Therapeutics
BCAX
$1.84B
| $1.24M | ﹤0.01% |
+48,639
| New | +$1.24M |
|
|
AILE
3284
DELISTED
iLearningEngines, Inc. Common Stock
AILE
| $1.24M | ﹤0.01% |
740,812
-225,374
| -23% | -$1.15M |
|
3285
Bassett Furniture
BSET
$176M
| $1.24M | ﹤0.01% |
85,587
+245
| +0.3% | +$3.33K |
|
3286
Finward Bancorp
FNWD
$193M
| $1.24M | ﹤0.01% |
38,662
+2,825
| +8% | +$78.6K |
|
3287
Caesarstone
CSTE
$79.5M
| $1.24M | ﹤0.01% |
271,110
-3,944
| -1% | -$19.9K |
|
3288
Triple Flag Precious Metals
TFPM
$6.72B
| $1.24M | ﹤0.01% |
64,744
+38,673
| +148% | +$618K |
|
|
CHMI
3289
Cherry Hill Mortgage Investment Corp
CHMI
$88.5M
| $1.22M | ﹤0.01% |
337,392
+23,947
| +8% | +$87.3K |
|
3290
Rockwell Medical
RMTI
$28.2M
| $1.22M | ﹤0.01% |
30,729
+194
| +0.6% | +$5.22K |
|
3291
Security National Financial
SNFCA
$251M
| $1.22M | ﹤0.01% |
145,986
-6,050
| -4% | -$45.3K |
|
3292
Eagle Bancorp Montana
EBMT
$190M
| $1.22M | ﹤0.01% |
77,133
+11,490
| +18% | +$165K |
|
|
VNET
3293
VNET Group
VNET
$2.09B
| $1.22M | ﹤0.01% |
298,539
+210,124
| +238% | +$506K |
|
|
DM
3294
DELISTED
Desktop Metal, Inc.
DM
| $1.22M | ﹤0.01% |
260,541
-8,066
| -3% | -$37K |
|
|
NNDM
3295
Nano Dimension
NNDM
$343M
| $1.21M | ﹤0.01% |
495,656
-5,305
| -1% | -$12K |
|
|
HMNF
3296
DELISTED
HMN Financial Inc
HMNF
| $1.2M | ﹤0.01% |
43,052
-1,203
| -3% | -$30.8K |
|
3297
Scilex Holding
SCLX
$48.9M
| $1.2M | ﹤0.01% |
37,009
+187
| +0.5% | +$8.96K |
|
|
ARC
3298
DELISTED
ARC Document Solutions, Inc.
ARC
| $1.2M | ﹤0.01% |
354,116
-3,275
| -0.9% | -$10.3K |
|
|
JKS
3299
JinkoSolar
JKS
$891M
| $1.2M | ﹤0.01% |
44,613
+7,333
| +20% | +$148K |
|
3300
Cibus
CBUS
$138M
| $1.19M | ﹤0.01% |
364,923
-11,112
| -3% | -$80.5K |
|
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.