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 | |
|---|---|---|---|---|---|---|
3451
Comstock
LODE
$245M
| $759K | ﹤0.01% |
160,415
+56,872
| +55% | +$131K |
|
|
SAND
3452
DELISTED
Sandstorm Gold
SAND
| $757K | ﹤0.01% |
125,681
+8,728
| +7% | +$49.6K |
|
3453
Karooooo
KARO
$2B
| $757K | ﹤0.01% |
19,093
| – | – |
|
3454
SELLAS Life Sciences
SLS
$2.36B
| $757K | ﹤0.01% |
605,191
+88,183
| +17% | +$108K |
|
|
FIRY
3455
Firy Inc
FIRY
$163M
| $756K | ﹤0.01% |
134,544
+813
| +0.6% | +$5.02K |
|
|
LUNA
3456
DELISTED
Luna Innovations Incorporated
LUNA
| $756K | ﹤0.01% |
321,554
-58,938
| -15% | -$151K |
|
3457
Cellectar Biosciences
CLRB
$20.5M
| $754K | ﹤0.01% |
11,748
+375
| +3% | +$24.7K |
|
3458
Vermilion Energy
VET
$1.66B
| $753K | ﹤0.01% |
76,816
-213,146
| -74% | -$2.16M |
|
3459
Genelux
GNLX
$119M
| $749K | ﹤0.01% |
316,160
+89,854
| +40% | +$198K |
|
3460
Dorchester Minerals
DMLP
$1.26B
| $749K | ﹤0.01% |
24,834
+1,109
| +5% | +$34K |
|
3461
Transcontinental Realty Investors
TCI
$323M
| $745K | ﹤0.01% |
25,879
+76
| +0.3% | +$2.23K |
|
3462
Amtech Systems
ASYS
$272M
| $743K | ﹤0.01% |
128,067
+7,314
| +6% | +$44.5K |
|
3463
Southland Holdings
SLND
$31.4M
| $737K | ﹤0.01% |
199,235
+18,799
| +10% | +$73.3K |
|
3464
Metagenomi Therapeutics
MGX
$46.3M
| $734K | ﹤0.01% |
338,031
+173,796
| +106% | +$603K |
|
3465
First Guaranty Bancshares
FGBI
$159M
| $733K | ﹤0.01% |
68,788
+5,070
| +8% | +$51.5K |
|
3466
Century Casinos
CNTY
$34M
| $726K | ﹤0.01% |
283,618
+5,220
| +2% | +$12.8K |
|
3467
FitLife Brands
FTLF
$94.2M
| $726K | ﹤0.01% |
44,314
+2,288
| +5% | +$37K |
|
|
GRTS
3468
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $723K | ﹤0.01% |
1,246,527
+200,857
| +19% | +$113K |
|
3469
Espey Mfg & Electronics Corp
ESP
$187M
| $719K | ﹤0.01% |
23,907
+8,511
| +55% | +$194K |
|
3470
Elutia
ELUT
$37.6M
| $718K | ﹤0.01% |
188,408
+63,047
| +50% | +$246K |
|
3471
BioAtla
BCAB
$5.74M
| $713K | ﹤0.01% |
8,104
+13
| +0.2% | +$1.09K |
|
3472
Magyar Bancorp
MGYR
$123M
| $713K | ﹤0.01% |
57,876
+3,437
| +6% | +$41.8K |
|
3473
Assembly Biosciences
ASMB
$529M
| $712K | ﹤0.01% |
47,034
-7,375
| -14% | -$112K |
|
3474
Skillsoft
SKIL
$81.6M
| $707K | ﹤0.01% |
45,622
+3,182
| +7% | +$45.3K |
|
3475
BlackBerry
BB
$5.26B
| $706K | ﹤0.01% |
267,073
+7,652
| +3% | +$18.2K |
|
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.