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 | |
|---|---|---|---|---|---|---|
|
GRTS
3476
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $646K | ﹤0.01% |
1,045,670
-942,122
| -47% | -$796K |
|
|
TBNK
3477
DELISTED
Territorial Bancorp Inc.
TBNK
| $645K | ﹤0.01% |
79,578
-2,566
| -3% | -$20K |
|
|
CGAU
3478
Centerra Gold
CGAU
$4.15B
| $642K | ﹤0.01% |
95,034
-1,359
| -1% | -$8.91K |
|
3479
United Bancorp
UBCP
$96M
| $642K | ﹤0.01% |
51,147
+1,536
| +3% | +$19.5K |
|
3480
Spero Therapeutics
SPRO
$73M
| $640K | ﹤0.01% |
492,187
+22,746
| +5% | +$34.3K |
|
|
AISP
3481
Airship AI Holdings
AISP
$71.3M
| $639K | ﹤0.01% |
178,085
+20,752
| +13% | +$122K |
|
|
SAND
3482
DELISTED
Sandstorm Gold
SAND
| $639K | ﹤0.01% |
116,953
+7,137
| +6% | +$39.5K |
|
|
VIGL
3483
DELISTED
Vigil Neuroscience
VIGL
| $638K | ﹤0.01% |
159,371
-174,871
| -52% | -$598K |
|
3484
Bluerock Homes Trust
BHM
$34.9M
| $637K | ﹤0.01% |
36,406
+2,538
| +7% | +$43.3K |
|
3485
RLX Technology
RLX
$2.46B
| $637K | ﹤0.01% |
346,240
+101,372
| +41% | +$192K |
|
|
GAN
3486
DELISTED
GAN Ltd
GAN
| $631K | ﹤0.01% |
427,666
+11,532
| +3% | +$15.3K |
|
|
OLK
3487
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $628K | ﹤0.01% |
24,642
| – | – |
|
3488
MPLX
MPLX
$59.7B
| $626K | ﹤0.01% |
14,703
+94
| +0.6% | +$3.87K |
|
3489
Elutia
ELUT
$37.6M
| $622K | ﹤0.01% |
125,361
+7,052
| +6% | +$22.9K |
|
|
ORKA
3490
Oruka Therapeutics
ORKA
$5.96B
| $620K | ﹤0.01% |
13,478
+1,616
| +14% | +$64.4K |
|
3491
SELLAS Life Sciences
SLS
$2.36B
| $615K | ﹤0.01% |
517,008
+243,945
| +89% | +$332K |
|
|
PRPH
3492
DELISTED
ProPhase Labs
PRPH
| $615K | ﹤0.01% |
14,715
+874
| +6% | +$45.8K |
|
3493
Katapult Holdings
KPLT
$33.2M
| $612K | ﹤0.01% |
36,408
+1,163
| +3% | +$16.9K |
|
3494
Magyar Bancorp
MGYR
$123M
| $612K | ﹤0.01% |
54,439
+1,950
| +4% | +$21.6K |
|
|
DNMR
3495
DELISTED
Danimer Scientific, Inc.
DNMR
| $612K | ﹤0.01% |
25,356
-22,449
| -47% | -$698K |
|
3496
Cue Biopharma
CUE
$114M
| $611K | ﹤0.01% |
16,415
-11,536
| -41% | -$571K |
|
|
DHAI
3497
DELISTED
DIH Holdings US
DHAI
| $608K | ﹤0.01% |
9,109
+8,450
| +1,282% | +$371K |
|
|
EGRX
3498
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $605K | ﹤0.01% |
108,004
-123,637
| -53% | -$538K |
|
|
RJET
3499
Republic Airways Holdings
RJET
$1B
| $605K | ﹤0.01% |
23,577
+566
| +2% | +$9.26K |
|
3500
Noodles & Co
NDLS
$107M
| $605K | ﹤0.01% |
47,818
-51,341
| -52% | -$732K |
|
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.