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 | |
|---|---|---|---|---|---|---|
3551
Microvast
MVST
$302M
| $561K | ﹤0.01% |
2,248,810
-280,742
| -11% | -$93.8K |
|
3552
Stratasys
SSYS
$774M
| $560K | ﹤0.01% |
67,398
+20,012
| +42% | +$158K |
|
|
MGRM
3553
DELISTED
Monogram Orthopaedics
MGRM
| $557K | ﹤0.01% |
210,144
+194,776
| +1,267% | +$507K |
|
3554
Alpha Pro Tech
APT
$53.1M
| $555K | ﹤0.01% |
97,372
-1,361
| -1% | -$7.87K |
|
3555
MarketWise
MKTW
$56.6M
| $547K | ﹤0.01% |
40,941
+1,615
| +4% | +$29.6K |
|
|
MKFG
3556
DELISTED
Markforged Holding Corporation
MKFG
| $547K | ﹤0.01% |
114,678
+1,475
| +1% | +$4.78K |
|
|
BLEU
3557
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
| $545K | ﹤0.01% |
49,905
| – | – |
|
3558
Heartbeam
BEAT
$29.1M
| $542K | ﹤0.01% |
233,397
+20,309
| +10% | +$49.1K |
|
3559
MAIA Biotechnology
MAIA
$86.3M
| $541K | ﹤0.01% |
192,563
+35,821
| +23% | +$112K |
|
3560
Key Tronic
KTCC
$44.7M
| $537K | ﹤0.01% |
93,778
+7,636
| +9% | +$33.4K |
|
3561
Auburn National Bancorp
AUBN
$91.9M
| $535K | ﹤0.01% |
23,368
+1,429
| +7% | +$27.3K |
|
|
SLN
3562
Silence Therapeutics
SLN
$564M
| $535K | ﹤0.01% |
29,417
| – | – |
|
3563
System1
SST
$17.5M
| $531K | ﹤0.01% |
47,373
+1,650
| +4% | +$21.2K |
|
3564
International General Insurance
IGIC
$1.15B
| $530K | ﹤0.01% |
27,877
+859
| +3% | +$14.5K |
|
|
BNKK
3565
Bonk Inc
BNKK
$8.4M
| $529K | ﹤0.01% |
12,396
+1,093
| +10% | +$38.3K |
|
3566
Bank Of The James
BOTJ
$124M
| $528K | ﹤0.01% |
38,400
-2,838
| -7% | -$37.1K |
|
3567
Siebert Financial
SIEB
$68.4M
| $523K | ﹤0.01% |
206,788
+85,456
| +70% | +$156K |
|
|
BNT
3568
Brookfield Wealth Solutions
BNT
$12.2B
| $523K | ﹤0.01% |
14,753
-466
| -3% | -$14.7K |
|
3569
Immuneering
IMRX
$292M
| $522K | ﹤0.01% |
209,641
-12,160
| -5% | -$17.7K |
|
3570
FTC Solar
FTCI
$44.9M
| $522K | ﹤0.01% |
76,686
+6,432
| +9% | +$23.2K |
|
3571
CarParts.com
PRTS
$54.7M
| $522K | ﹤0.01% |
57,573
-536
| -0.9% | -$5.07K |
|
3572
Broadwind
BWEN
$109M
| $517K | ﹤0.01% |
227,738
+12,936
| +6% | +$34K |
|
3573
Wrap Technologies
WRAP
$104M
| $517K | ﹤0.01% |
344,401
+17,150
| +5% | +$27.8K |
|
3574
Natural Health Trends
NHTC
$14.8M
| $515K | ﹤0.01% |
86,590
+5,624
| +7% | +$38.5K |
|
|
NVNO
3575
enVVeno Medical
NVNO
$7.09M
| $506K | ﹤0.01% |
4,305
+311
| +8% | +$57.1K |
|
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.