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 | |
|---|---|---|---|---|---|---|
|
NGD
3326
DELISTED
New Gold Inc
NGD
| $1.08M | ﹤0.01% |
372,373
+7,394
| +2% | +$18.3K |
|
3327
Lightspeed Commerce
LSPD
$1.35B
| $1.08M | ﹤0.01% |
64,920
+4,629
| +8% | +$61.8K |
|
|
MOND
3328
DELISTED
Mondee Holdings, Inc. Class A Common Stock
MOND
| $1.07M | ﹤0.01% |
768,873
-135,097
| -15% | -$286K |
|
3329
Prairie Operating Co
PROP
$78.1M
| $1.07M | ﹤0.01% |
121,966
+17,290
| +17% | +$160K |
|
|
PPIH
3330
Perma-Pipe International
PPIH
$215M
| $1.07M | ﹤0.01% |
82,269
+7,273
| +10% | +$72.4K |
|
3331
Full Truck Alliance
YMM
$9.99B
| $1.07M | ﹤0.01% |
118,404
+4,235
| +4% | +$32.5K |
|
3332
MediciNova
MNOV
$66M
| $1.06M | ﹤0.01% |
505,966
+47,201
| +10% | +$69.8K |
|
3333
BP
BP
$107B
| $1.06M | ﹤0.01% |
33,804
-97,718
| -74% | -$3.31M |
|
3334
Equinox Gold
EQX
$13.5B
| $1.06M | ﹤0.01% |
172,467
+10,886
| +7% | +$61.5K |
|
|
BCOV
3335
DELISTED
Brightcove, Inc.
BCOV
| $1.05M | ﹤0.01% |
488,275
+37,584
| +8% | +$84K |
|
3336
Universal Electronics
UEIC
$61.3M
| $1.05M | ﹤0.01% |
114,148
-17,473
| -13% | -$176K |
|
3337
Genmab
GMAB
$19.5B
| $1.05M | ﹤0.01% |
43,231
-80
| -0.2% | -$2.14K |
|
3338
Zai Lab
ZLAB
$2.62B
| $1.05M | ﹤0.01% |
43,626
+9,107
| +26% | +$172K |
|
3339
Dr. Reddy's Laboratories
RDY
$10.2B
| $1.05M | ﹤0.01% |
66,270
+34,600
| +109% | +$557K |
|
3340
Union Bankshares
UNB
$109M
| $1.05M | ﹤0.01% |
40,503
+1,188
| +3% | +$29.3K |
|
3341
Ero Copper
ERO
$3.58B
| $1.05M | ﹤0.01% |
46,940
+6,521
| +16% | +$133K |
|
3342
Value Line
VALU
$361M
| $1.05M | ﹤0.01% |
22,488
-774
| -3% | -$34.1K |
|
3343
SR Bancorp
SRBK
$145M
| $1.04M | ﹤0.01% |
93,372
+21,930
| +31% | +$218K |
|
|
SERV
3344
Serve Robotics
SERV
$432M
| $1.04M | ﹤0.01% |
130,853
+73,496
| +128% | +$634K |
|
3345
Anixa Biosciences
ANIX
$116M
| $1.04M | ﹤0.01% |
328,778
-1,797
| -0.5% | -$5.53K |
|
3346
FerroAtlántica
GSM
$839M
| $1.03M | ﹤0.01% |
222,869
-460
| -0.2% | -$2.23K |
|
3347
Crawford & Co Class B
CRD.B
$604M
| $1.02M | ﹤0.01% |
92,078
+3,031
| +3% | +$29.2K |
|
|
PHX
3348
DELISTED
PHX Minerals
PHX
| $1.02M | ﹤0.01% |
302,568
+32,406
| +12% | +$108K |
|
|
WMPN
3349
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $1.02M | ﹤0.01% |
83,458
-7,012
| -8% | -$82.9K |
|
3350
Torrid Holdings
CURV
$260M
| $1.02M | ﹤0.01% |
259,929
+26,703
| +11% | +$180K |
|
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.