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 | |
|---|---|---|---|---|---|---|
3401
Gaia
GAIA
$48.4M
| $872K | ﹤0.01% |
179,050
+21,870
| +14% | +$102K |
|
|
OPTN
3402
DELISTED
OptiNose
OPTN
| $870K | ﹤0.01% |
86,556
+21,795
| +34% | +$318K |
|
3403
Kopin
KOPN
$791M
| $869K | ﹤0.01% |
1,190,713
-9,565
| -0.8% | -$8.77K |
|
3404
Provident Financial
PROV
$112M
| $869K | ﹤0.01% |
60,559
-1,030
| -2% | -$13.9K |
|
|
BCYC
3405
Bicycle Therapeutics
BCYC
$292M
| $868K | ﹤0.01% |
38,335
+16,958
| +79% | +$391K |
|
3406
Red Robin
RRGB
$152M
| $857K | ﹤0.01% |
194,316
+21,062
| +12% | +$103K |
|
|
MAGN
3407
Magnera Corp
MAGN
$460M
| $856K | ﹤0.01% |
36,565
-7,055
| -16% | -$148K |
|
3408
Identive
INVE
$61.9M
| $854K | ﹤0.01% |
241,824
-784
| -0.3% | -$2.87K |
|
3409
Sensus Healthcare
SRTS
$50.5M
| $849K | ﹤0.01% |
146,404
+11,525
| +9% | +$70K |
|
|
SDIG
3410
DELISTED
Stronghold Digital Mining, Inc. Class A Common Stock
SDIG
| $849K | ﹤0.01% |
168,124
+76,260
| +83% | +$300K |
|
|
CCRD
3411
DELISTED
CoreCard
CCRD
| $849K | ﹤0.01% |
58,437
-634
| -1% | -$8.46K |
|
|
CYPH
3412
Cypherpunk Technologies Inc
CYPH
$73.3M
| $847K | ﹤0.01% |
329,291
+50,194
| +18% | +$123K |
|
|
SBDS
3413
DELISTED
Solo Brands Inc
SBDS
| $845K | ﹤0.01% |
14,984
+3,227
| +27% | +$230K |
|
3414
Airgain
AIRG
$72.4M
| $841K | ﹤0.01% |
111,476
+20,970
| +23% | +$149K |
|
3415
Smart Sand
SND
$194M
| $839K | ﹤0.01% |
425,804
+5,540
| +1% | +$11.4K |
|
3416
Offerpad Solutions
OPAD
$23.1M
| $834K | ﹤0.01% |
20,531
-1,641
| -7% | -$65.9K |
|
3417
Cato Corp
CATO
$66.1M
| $832K | ﹤0.01% |
166,615
-7,926
| -5% | -$39.1K |
|
3418
ICICI Bank
IBN
$108B
| $827K | ﹤0.01% |
27,701
-2,531
| -8% | -$73.7K |
|
3419
First Majestic Silver
AG
$9.07B
| $825K | ﹤0.01% |
136,901
+12,171
| +10% | +$70.5K |
|
|
GIFI
3420
DELISTED
Gulf Island Fabrication
GIFI
| $823K | ﹤0.01% |
145,834
+929
| +0.6% | +$5.43K |
|
3421
SunPower Inc
SPWR
$53.8M
| $822K | ﹤0.01% |
292,514
-56,713
| -16% | -$103K |
|
3422
Pro-Dex
PDEX
$209M
| $819K | ﹤0.01% |
27,435
+2,296
| +9% | +$49.5K |
|
3423
BGSF Inc
BGSF
$60M
| $816K | ﹤0.01% |
96,845
+3,092
| +3% | +$24.9K |
|
3424
PetMed Express
PETS
$42.3M
| $814K | ﹤0.01% |
221,230
-12,331
| -5% | -$43.7K |
|
|
RNTX
3425
Rein Therapeutics
RNTX
$69.9M
| $814K | ﹤0.01% |
229,817
+59,370
| +35% | +$159K |
|
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.