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 | |
|---|---|---|---|---|---|---|
3526
Lee Enterprises
LEE
$182M
| $562K | ﹤0.01% |
50,590
-1,599
| -3% | -$19.9K |
|
3527
FreightCar America
RAIL
$260M
| $561K | ﹤0.01% |
160,728
+13,034
| +9% | +$48.2K |
|
|
SLN
3528
Silence Therapeutics
SLN
$564M
| $559K | ﹤0.01% |
29,417
+6,990
| +31% | +$149K |
|
3529
Canterbury Park Holding Corp
CPHC
$80M
| $559K | ﹤0.01% |
25,566
+1,332
| +5% | +$30.4K |
|
|
LILM
3530
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
| $558K | ﹤0.01% |
702,428
+8,976
| +1% | +$8.42K |
|
|
TCBC
3531
DELISTED
TC Bancshares, Inc. Common Stock
TCBC
| $557K | ﹤0.01% |
41,220
-2,826
| -6% | -$38.6K |
|
3532
SKYX Platforms
SKYX
$164M
| $555K | ﹤0.01% |
583,572
-646,209
| -53% | -$632K |
|
3533
BioAtla
BCAB
$5.74M
| $554K | ﹤0.01% |
8,091
-10,368
| -56% | -$1.23M |
|
3534
AMREP Corp
AXR
$119M
| $553K | ﹤0.01% |
29,236
-789
| -3% | -$16.2K |
|
3535
Sagimet Biosciences
SGMT
$559M
| $551K | ﹤0.01% |
161,052
-238,747
| -60% | -$1.1M |
|
3536
Fiverr
FVRR
$339M
| $551K | ﹤0.01% |
23,511
-4,698
| -17% | -$106K |
|
|
SOWG
3537
Sow Good
SOWG
$54.9M
| $550K | ﹤0.01% |
+1,832
| New | +$484K |
|
3538
Karooooo
KARO
$2B
| $548K | ﹤0.01% |
19,093
| – | – |
|
3539
Heartbeam
BEAT
$29.1M
| $548K | ﹤0.01% |
213,088
+4,394
| +2% | +$9.93K |
|
|
CYPH
3540
Cypherpunk Technologies Inc
CYPH
$73.3M
| $547K | ﹤0.01% |
279,097
+76,525
| +38% | +$201K |
|
3541
Airgain
AIRG
$72.4M
| $547K | ﹤0.01% |
90,506
+7,469
| +9% | +$40.8K |
|
3542
Alpha Pro Tech
APT
$53.1M
| $543K | ﹤0.01% |
98,733
+3,041
| +3% | +$17K |
|
|
SILV
3543
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $541K | ﹤0.01% |
65,795
-1,061
| -2% | -$8.66K |
|
3544
Journey Medical
DERM
$177M
| $539K | ﹤0.01% |
95,553
+6,478
| +7% | +$26.7K |
|
3545
Rockwell Medical
RMTI
$28.2M
| $538K | ﹤0.01% |
30,535
+1,659
| +6% | +$28.1K |
|
3546
Neuronetics
STIM
$166M
| $537K | ﹤0.01% |
298,070
+11,426
| +4% | +$33K |
|
3547
MAIA Biotechnology
MAIA
$86.3M
| $536K | ﹤0.01% |
156,742
+103,485
| +194% | +$326K |
|
|
MGIC
3548
DELISTED
Magic Software Enterprises
MGIC
| $536K | ﹤0.01% |
55,638
+528
| +1% | +$5.94K |
|
|
BLEU
3549
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $534K | ﹤0.01% |
49,905
| – | – |
|
3550
Spruce Power Holding Corp
SPRU
$39.9M
| $533K | ﹤0.01% |
146,107
+3,219
| +2% | +$11.9K |
|
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.