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 | |
|---|---|---|---|---|---|---|
|
VTNR
3351
DELISTED
Vertex Energy, Inc
VTNR
| $882K | ﹤0.01% |
933,626
-718,719
| -43% | -$844K |
|
|
PHX
3352
DELISTED
PHX Minerals
PHX
| $881K | ﹤0.01% |
270,162
+12,328
| +5% | +$40.6K |
|
|
GIFI
3353
DELISTED
Gulf Island Fabrication
GIFI
| $880K | ﹤0.01% |
144,905
+9,177
| +7% | +$61.7K |
|
3354
Finward Bancorp
FNWD
$193M
| $879K | ﹤0.01% |
35,837
+2,268
| +7% | +$55.6K |
|
3355
Vuzix
VUZI
$224M
| $875K | ﹤0.01% |
647,922
-633,627
| -49% | -$873K |
|
|
CLSD
3356
DELISTED
Clearside Biomedical
CLSD
| $874K | ﹤0.01% |
44,820
+2,006
| +5% | +$38.8K |
|
3357
Babcock & Wilcox
BW
$1.39B
| $873K | ﹤0.01% |
601,884
-702,848
| -54% | -$845K |
|
3358
Eagle Bancorp Montana
EBMT
$190M
| $871K | ﹤0.01% |
65,643
-989
| -1% | -$12.8K |
|
3359
ICICI Bank
IBN
$108B
| $871K | ﹤0.01% |
30,232
-3,947
| -12% | -$106K |
|
3360
Ero Copper
ERO
$3.58B
| $868K | ﹤0.01% |
40,419
+734
| +2% | +$15.4K |
|
3361
First Northwest Bancorp
FNWB
$104M
| $863K | ﹤0.01% |
89,088
-494
| -0.6% | -$5.48K |
|
|
CCRD
3362
DELISTED
CoreCard
CCRD
| $862K | ﹤0.01% |
59,071
-78,040
| -57% | -$1.03M |
|
3363
Westwood Holdings Group
WHG
$190M
| $861K | ﹤0.01% |
70,682
-3,717
| -5% | -$46.4K |
|
3364
Oportun Financial
OPRT
$372M
| $861K | ﹤0.01% |
296,767
-6,446
| -2% | -$19.5K |
|
|
TSE
3365
DELISTED
Trinseo
TSE
| $858K | ﹤0.01% |
371,151
-389,179
| -51% | -$1.21M |
|
3366
TransAlta
TAC
$3.93B
| $856K | ﹤0.01% |
120,097
+4,262
| +4% | +$29.2K |
|
3367
Landmark Bancorp
LARK
$195M
| $856K | ﹤0.01% |
49,115
+940
| +2% | +$16.4K |
|
|
VCSA
3368
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $854K | ﹤0.01% |
175,444
+125,209
| +249% | +$690K |
|
3369
Bridger Aerospace
BAER
$74.1M
| $854K | ﹤0.01% |
228,216
+104,972
| +85% | +$458K |
|
|
WKME
3370
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $853K | ﹤0.01% |
61,075
+1,789
| +3% | +$17.5K |
|
3371
Cellectar Biosciences
CLRB
$20.5M
| $853K | ﹤0.01% |
11,373
+837
| +8% | +$80.3K |
|
3372
Aclaris Therapeutics
ACRS
$869M
| $852K | ﹤0.01% |
774,137
-790,917
| -51% | -$929K |
|
3373
Equinox Gold
EQX
$13.5B
| $848K | ﹤0.01% |
161,581
+33,260
| +26% | +$185K |
|
3374
TELA Bio
TELA
$38.9M
| $846K | ﹤0.01% |
179,964
-169,759
| -49% | -$895K |
|
3375
Union Bankshares
UNB
$109M
| $845K | ﹤0.01% |
39,315
+786
| +2% | +$19.8K |
|
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.