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 | |
|---|---|---|---|---|---|---|
|
HIMX
3376
Himax Technologies
HIMX
$2.55B
| $841K | ﹤0.01% |
104,404
-20,822
| -17% | -$127K |
|
3377
Corvus Pharmaceuticals
CRVS
$1.17B
| $838K | ﹤0.01% |
460,140
+88,377
| +24% | +$165K |
|
3378
Veritone
VERI
$122M
| $836K | ﹤0.01% |
369,825
-270,941
| -42% | -$962K |
|
3379
Coya Therapeutics
COYA
$113M
| $835K | ﹤0.01% |
137,824
+11,828
| +9% | +$95K |
|
|
ASXC
3380
DELISTED
Asensus Surgical, Inc.
ASXC
| $832K | ﹤0.01% |
2,498,153
+98,724
| +4% | +$26.6K |
|
3381
Lightspeed Commerce
LSPD
$1.35B
| $829K | ﹤0.01% |
60,291
+1,163
| +2% | +$16.3K |
|
3382
Duluth Holdings
DLTH
$159M
| $827K | ﹤0.01% |
224,017
-139,044
| -38% | -$586K |
|
3383
Southland Holdings
SLND
$31.4M
| $826K | ﹤0.01% |
180,436
+74,926
| +71% | +$369K |
|
3384
Comp X International
CIX
$371M
| $824K | ﹤0.01% |
33,409
+1,019
| +3% | +$28.3K |
|
3385
Seres Therapeutics
MCRB
$48.4M
| $821K | ﹤0.01% |
56,681
-49,951
| -47% | -$833K |
|
3386
Biodesix
BDSX
$248M
| $817K | ﹤0.01% |
26,693
+7,436
| +39% | +$212K |
|
3387
Riverview Bancorp
RVSB
$108M
| $815K | ﹤0.01% |
204,230
-828
| -0.4% | -$3.4K |
|
|
LONA
3388
LeonaBio Inc
LONA
$72.1M
| $814K | ﹤0.01% |
30,719
+695
| +2% | +$16.4K |
|
3389
Adicet Bio
ACET
$74.7M
| $812K | ﹤0.01% |
41,937
-33,373
| -44% | -$894K |
|
3390
Mediaco Holding
MDIA
$78M
| $812K | ﹤0.01% |
225,476
+203,587
| +930% | +$424K |
|
3391
GH Research
GHRS
$2.08B
| $812K | ﹤0.01% |
69,611
+836
| +1% | +$10K |
|
3392
Heritage Global
HGBL
$36.8M
| $806K | ﹤0.01% |
327,560
+7,277
| +2% | +$17.6K |
|
3393
Fractyl Health
GUTS
$111M
| $803K | ﹤0.01% |
188,141
+90,714
| +93% | +$584K |
|
3394
BGSF Inc
BGSF
$60M
| $802K | ﹤0.01% |
93,753
+1,579
| +2% | +$12.7K |
|
3395
Saga Communications
SGA
$63.9M
| $799K | ﹤0.01% |
50,693
-745
| -1% | -$14.8K |
|
3396
Calumet Specialty Products
CLMT
$3.44B
| $798K | ﹤0.01% |
49,250
| – | – |
|
3397
Eton Pharmaceutcials
ETON
$1.22B
| $791K | ﹤0.01% |
240,331
+6,164
| +3% | +$21.6K |
|
3398
LifeVantage
LFVN
$85.3M
| $789K | ﹤0.01% |
122,839
-986
| -0.8% | -$6.69K |
|
|
MAGN
3399
Magnera Corp
MAGN
$460M
| $788K | ﹤0.01% |
43,620
-28,465
| -39% | -$613K |
|
3400
Ohio Valley Banc Corp
OVBC
$205M
| $782K | ﹤0.01% |
39,090
-884
| -2% | -$20.3K |
|
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.