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 | |
|---|---|---|---|---|---|---|
|
UBFO
3326
DELISTED
United Security Bancshares
UBFO
| $951K | ﹤0.01% |
131,108
+5,309
| +4% | +$38.7K |
|
3327
Comtech Telecommunications
CMTL
$51.8M
| $950K | ﹤0.01% |
313,535
-310,345
| -50% | -$735K |
|
3328
PetMed Express
PETS
$42.3M
| $946K | ﹤0.01% |
233,561
-249,786
| -52% | -$1.07M |
|
|
ARC
3329
DELISTED
ARC Document Solutions, Inc.
ARC
| $944K | ﹤0.01% |
357,391
+2,740
| +0.8% | +$7.36K |
|
3330
CytomX Therapeutics
CTMX
$754M
| $939K | ﹤0.01% |
769,499
+16,101
| +2% | +$32K |
|
|
KYNB
3331
Kyntra Bio
KYNB
$29.4M
| $938K | ﹤0.01% |
42,025
-40,962
| -49% | -$1.27M |
|
|
SII
3332
Sprott
SII
$3.03B
| $936K | ﹤0.01% |
19,553
+208
| +1% | +$8.72K |
|
|
SNCR
3333
DELISTED
Synchronoss Technologies
SNCR
| $934K | ﹤0.01% |
100,398
+1,372
| +1% | +$11.2K |
|
3334
AbCellera Biologics
ABCL
$2.12B
| $932K | ﹤0.01% |
314,866
+57,500
| +22% | +$218K |
|
|
ACR
3335
ACRES Commercial Realty
ACR
$108M
| $929K | ﹤0.01% |
72,801
+438
| +0.6% | +$5.81K |
|
3336
UNIFI
UFI
$134M
| $929K | ﹤0.01% |
157,638
-2,826
| -2% | -$16.8K |
|
3337
Valhi
VHI
$450M
| $928K | ﹤0.01% |
52,033
+8,953
| +21% | +$153K |
|
3338
Genasys
GNSS
$79.2M
| $920K | ﹤0.01% |
435,039
+14,846
| +4% | +$30K |
|
3339
Full Truck Alliance
YMM
$9.99B
| $918K | ﹤0.01% |
114,169
+4,970
| +5% | +$42.3K |
|
3340
MarketWise
MKTW
$56.6M
| $912K | ﹤0.01% |
39,326
+5,803
| +17% | +$171K |
|
3341
Eledon Pharmaceuticals
ELDN
$285M
| $910K | ﹤0.01% |
344,489
+163,588
| +90% | +$390K |
|
|
ALLK
3342
DELISTED
Allakos
ALLK
| $908K | ﹤0.01% |
907,408
-722,413
| -44% | -$858K |
|
3343
Douglas Elliman
DOUG
$162M
| $901K | ﹤0.01% |
776,449
-894,708
| -54% | -$1.13M |
|
3344
Drilling Tools International
DTI
$80.1M
| $897K | ﹤0.01% |
159,572
+121,096
| +315% | +$651K |
|
3345
Amylyx Pharmaceuticals
AMLX
$2.54B
| $891K | ﹤0.01% |
468,866
-597,379
| -56% | -$1.16M |
|
|
CVAC
3346
DELISTED
CureVac
CVAC
| $888K | ﹤0.01% |
261,230
+52,316
| +25% | +$171K |
|
|
AFBI
3347
DELISTED
Affinity Bancshares
AFBI
| $888K | ﹤0.01% |
41,859
+4,129
| +11% | +$74.5K |
|
3348
Ascent Industries
ACNT
$141M
| $887K | ﹤0.01% |
90,883
-2,651
| -3% | -$27.1K |
|
3349
Smart Sand
SND
$194M
| $887K | ﹤0.01% |
420,264
+24,265
| +6% | +$51.5K |
|
3350
OPAL Fuels
OPAL
$70.7M
| $885K | ﹤0.01% |
216,299
+4,502
| +2% | +$21.2K |
|
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.