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 | |
|---|---|---|---|---|---|---|
|
NGD
3426
DELISTED
New Gold Inc
NGD
| $724K | ﹤0.01% |
364,979
+63,527
| +21% | +$121K |
|
|
GRP.U
3427
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $724K | ﹤0.01% |
14,456
+1,153
| +9% | +$59.1K |
|
|
MRNS
3428
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $723K | ﹤0.01% |
617,395
-597,371
| -49% | -$1.49M |
|
3429
Sensus Healthcare
SRTS
$50.5M
| $719K | ﹤0.01% |
134,879
+7,262
| +6% | +$33.4K |
|
|
SUP
3430
DELISTED
Superior Industries International
SUP
| $717K | ﹤0.01% |
220,681
+22,622
| +11% | +$81.5K |
|
3431
Transcontinental Realty Investors
TCI
$323M
| $716K | ﹤0.01% |
25,803
-3,231
| -11% | -$97.2K |
|
|
MNTX
3432
DELISTED
Manitex International, Inc.
MNTX
| $715K | ﹤0.01% |
161,267
+3,008
| +2% | +$17.4K |
|
3433
Upland Software
UPLD
$15.4M
| $714K | ﹤0.01% |
28,648
-3,510
| -11% | -$92.4K |
|
3434
Crawford & Co Class B
CRD.B
$604M
| $713K | ﹤0.01% |
89,047
-238
| -0.3% | -$2.15K |
|
3435
ESS Tech
GWH
$18.9M
| $712K | ﹤0.01% |
58,041
-66,362
| -53% | -$747K |
|
3436
Energy Services of America
ESOA
$292M
| $712K | ﹤0.01% |
99,356
+3,995
| +4% | +$29K |
|
3437
First National Corp
FXNC
$287M
| $708K | ﹤0.01% |
46,612
+1,140
| +3% | +$17.5K |
|
3438
Seer Inc
SEER
$120M
| $708K | ﹤0.01% |
421,327
-663,233
| -61% | -$1.24M |
|
3439
Amtech Systems
ASYS
$272M
| $708K | ﹤0.01% |
120,753
+879
| +0.7% | +$4.75K |
|
3440
authID Inc
AUID
$10.6M
| $706K | ﹤0.01% |
68,037
+3,462
| +5% | +$28.3K |
|
3441
Broadwind
BWEN
$109M
| $705K | ﹤0.01% |
214,802
+6,704
| +3% | +$20K |
|
3442
M-tron Industries
MPTI
$380M
| $704K | ﹤0.01% |
19,988
+63
| +0.3% | +$1.93K |
|
3443
Flotek Industries
FTK
$1.28B
| $702K | ﹤0.01% |
142,986
+6,682
| +5% | +$26.3K |
|
3444
Fossil Group
FOSL
$318M
| $702K | ﹤0.01% |
487,463
-520,203
| -52% | -$591K |
|
3445
FitLife Brands
FTLF
$94.2M
| $700K | ﹤0.01% |
42,026
+19,054
| +83% | +$279K |
|
3446
KVH Industries
KVHI
$157M
| $700K | ﹤0.01% |
150,430
-207,337
| -58% | -$1.03M |
|
3447
DiaMedica Therapeutics
DMAC
$364M
| $699K | ﹤0.01% |
236,888
-2,347
| -1% | -$6.44K |
|
3448
Forafric Global
AFRI
$301M
| $698K | ﹤0.01% |
65,397
+3,626
| +6% | +$38.7K |
|
|
PNST
3449
DELISTED
Pinstripes Holdings, Inc.
PNST
| $697K | ﹤0.01% |
253,392
+69,111
| +38% | +$204K |
|
3450
Red Cat Holdings
RCAT
$1.4B
| $697K | ﹤0.01% |
605,856
+153,709
| +34% | +$166K |
|
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.