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 | |
|---|---|---|---|---|---|---|
|
FARM
3551
DELISTED
Farmer Brothers
FARM
| $531K | ﹤0.01% |
197,898
+5,963
| +3% | +$18.3K |
|
3552
Falcon's Beyond
FBYD
$494M
| $529K | ﹤0.01% |
60,611
+24,011
| +66% | +$201K |
|
3553
5E Advanced Materials
FEAM
$62.3M
| $528K | ﹤0.01% |
18,968
-18,987
| -50% | -$596K |
|
3554
Smartbird Inc
BIRD
$22.3M
| $528K | ﹤0.01% |
52,760
-55,622
| -51% | -$679K |
|
|
JBIO
3555
Jade Biosciences
JBIO
$1.34B
| $527K | ﹤0.01% |
9,062
+1,012
| +13% | +$671K |
|
3556
US Gold Corp
USAU
$258M
| $526K | ﹤0.01% |
101,718
+28,992
| +40% | +$144K |
|
3557
Chunghwa Telecom
CHT
$33B
| $526K | ﹤0.01% |
13,617
-3,630
| -21% | -$141K |
|
|
CDTX
3558
DELISTED
Cidara Therapeutics
CDTX
| $515K | ﹤0.01% |
43,127
+1,213
| +3% | +$16.6K |
|
|
TECX
3559
Tectonic Therapeutic
TECX
$606M
| $511K | ﹤0.01% |
31,033
-4
| -0% | -$64 |
|
3560
Harte-Hanks
HHS
| $508K | ﹤0.01% |
62,520
-4,924
| -7% | -$35.9K |
|
|
BIG
3561
DELISTED
Big Lots, Inc.
BIG
| $505K | ﹤0.01% |
291,796
-313,813
| -52% | -$1.01M |
|
3562
Loop Industries
LOOP
$32.9M
| $502K | ﹤0.01% |
240,029
+5,314
| +2% | +$14.1K |
|
3563
Biglari Holdings Class A
BH.A
$1.21B
| $498K | ﹤0.01% |
546
-4
| -0.7% | -$3.9K |
|
3564
Fuel Tech
FTEK
$43.7M
| $496K | ﹤0.01% |
463,560
+24,274
| +6% | +$28.1K |
|
3565
Pro-Dex
PDEX
$209M
| $494K | ﹤0.01% |
25,139
+820
| +3% | +$15.5K |
|
3566
Marchex
MCHX
$79.7M
| $490K | ﹤0.01% |
318,344
-18,002
| -5% | -$25.3K |
|
3567
Hanover Bancorp
HNVR
$198M
| $490K | ﹤0.01% |
29,709
+1,842
| +7% | +$29.5K |
|
|
OMGA
3568
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $490K | ﹤0.01% |
236,833
-263,671
| -53% | -$622K |
|
|
TIXT
3569
DELISTED
TELUS International
TIXT
| $487K | ﹤0.01% |
70,703
+8,801
| +14% | +$61.5K |
|
3570
Personalis
PSNL
$1.51B
| $486K | ﹤0.01% |
415,402
+20,380
| +5% | +$28K |
|
3571
Ideal Power
IPWR
$74.2M
| $486K | ﹤0.01% |
68,802
+8,460
| +14% | +$63.4K |
|
3572
LivePerson
LPSN
$32.3M
| $483K | ﹤0.01% |
55,442
-55,332
| -50% | -$531K |
|
3573
Dr. Reddy's Laboratories
RDY
$10.2B
| $483K | ﹤0.01% |
31,670
+1,395
| +5% | +$20K |
|
3574
Research Frontiers
REFR
$17M
| $482K | ﹤0.01% |
261,605
+22,492
| +9% | +$39.4K |
|
3575
Barnes & Noble Education
BNED
$443M
| $480K | ﹤0.01% |
74,907
+71,132
| +1,884% | +$2.46M |
|
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.