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 |
Microsoft
MSFT
|
+$1.76B |
| 2 |
ExxonMobil
XOM
|
+$1.36B |
| 3 |
Apple
AAPL
|
+$1.05B |
| 4 |
Amazon
AMZN
|
+$1.02B |
| 5 |
NVIDIA
NVDA
|
+$972M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$1.24B |
| 2 |
GE Aerospace
GE
|
+$718M |
| 3 |
Broadcom
AVGO
|
+$437M |
| 4 |
Apollo Global Management
APO
|
+$275M |
| 5 |
Super Micro Computer
SMCI
|
+$254M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.88% |
| 2 | Financials | 12.28% |
| 3 | Healthcare | 11.67% |
| 4 | Consumer Discretionary | 10.22% |
| 5 | Communication Services | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OPTN
3301
DELISTED
OptiNose
OPTN
| $1.01M | ﹤0.01% |
64,761
-39,950
| -38% | -$669K |
|
3302
VistaGen Therapeutics
VTGN
$12.8M
| $1.01M | ﹤0.01% |
290,094
+10,612
| +4% | +$46K |
|
3303
Kopin
KOPN
$791M
| $1.01M | ﹤0.01% |
1,200,278
+114,711
| +11% | +$112K |
|
3304
Hurco Companies Inc
HURC
$143M
| $1.01M | ﹤0.01% |
65,952
+1,067
| +2% | +$19.2K |
|
3305
Ovid Therapeutics
OVID
$491M
| $1M | ﹤0.01% |
1,302,514
+42,435
| +3% | +$118K |
|
3306
Value Line
VALU
$361M
| $1M | ﹤0.01% |
23,262
+255
| +1% | +$9.94K |
|
3307
CB Financial Services
CBFV
$193M
| $999K | ﹤0.01% |
44,062
-247
| -0.6% | -$5.48K |
|
|
SFBC
3308
Sound Financial Bancorp
SFBC
$111M
| $988K | ﹤0.01% |
22,478
+1,544
| +7% | +$62.5K |
|
3309
Strawberry Fields REIT
STRW
$190M
| $985K | ﹤0.01% |
86,316
+70,141
| +434% | +$685K |
|
|
SCWX
3310
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $985K | ﹤0.01% |
140,664
+12,360
| +10% | +$75.9K |
|
3311
loanDepot
LDI
$516M
| $983K | ﹤0.01% |
595,688
+10,639
| +2% | +$22.7K |
|
3312
STRATTEC Security
STRT
$361M
| $983K | ﹤0.01% |
39,304
+1,098
| +3% | +$27.1K |
|
3313
Offerpad Solutions
OPAD
$23.1M
| $980K | ﹤0.01% |
22,172
+10,376
| +88% | +$644K |
|
|
GOCO
3314
DELISTED
GoHealth
GOCO
| $977K | ﹤0.01% |
100,530
+8,550
| +9% | +$84.6K |
|
3315
Ambev
ABEV
$46.4B
| $973K | ﹤0.01% |
474,436
-10,214
| -2% | -$23.3K |
|
3316
Weibo
WB
$1.95B
| $972K | ﹤0.01% |
125,430
-21,598
| -15% | -$188K |
|
3317
IAMGOLD
IAG
$10.5B
| $972K | ﹤0.01% |
257,414
+48,097
| +23% | +$183K |
|
3318
AstroNova
ALOT
$227M
| $969K | ﹤0.01% |
62,717
+2,920
| +5% | +$49.9K |
|
3319
Cato Corp
CATO
$66.1M
| $967K | ﹤0.01% |
174,541
-209,379
| -55% | -$1.13M |
|
3320
SB Financial Group
SBFG
$169M
| $961K | ﹤0.01% |
68,660
+830
| +1% | +$11.4K |
|
3321
Citius Pharmaceuticals
CTXR
$18.7M
| $961K | ﹤0.01% |
65,852
-51,968
| -44% | -$931K |
|
|
FIRY
3322
Firy Inc
FIRY
$163M
| $960K | ﹤0.01% |
133,731
-15,191
| -10% | -$98.8K |
|
3323
Friedman Industries
FRD
$317M
| $960K | ﹤0.01% |
63,586
-537
| -0.8% | -$9.68K |
|
3324
Meridian
MRBK
$234M
| $954K | ﹤0.01% |
90,696
+3,409
| +4% | +$32.6K |
|
|
VRNA
3325
DELISTED
Verona Pharma
VRNA
| $954K | ﹤0.01% |
65,944
+572
| +0.9% | +$8.35K |
|
Similar funds
Geode Capital Management's Q2 2024 Portfolio in Review
As of Q2 2024, Geode Capital Management held 4,723 positions worth $1.14T, up 5.4% from $1.08T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management's Q2 2024 filing shows 114 new, 3,571 increased, 603 reduced and 134 closed positions. Its largest new stake was GE Vernova: 5,513,744 shares worth $943M. The largest sale was Pioneer Natural Resource Co., an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2024 buy was GE Vernova: 5,513,744 shares worth $943M.
- Geode Capital Management added most to Microsoft in Q2 2024, an estimated $1.76B increase.
- Geode Capital Management's biggest Q2 2024 reduction was GE Aerospace, cutting an estimated $718M.
- Geode Capital Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $1.24B.
- Geode Capital Management's ten largest holdings make up 31% of its $1.14T portfolio in Q2 2024.
- Geode Capital Management opened 114 new positions and closed 134 in Q2 2024.
- Geode Capital Management's portfolio value rose 5.4% quarter-over-quarter to $1.14T.
Based on Geode Capital Management's 13F filing for Q2 2024, filed 9 Aug 2024.