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 | |
|---|---|---|---|---|---|---|
|
ABVX
3926
Abivax
ABVX
$11.4B
| $190K | ﹤0.01% |
14,389
| – | – |
|
|
FATBB
3927
DELISTED
FAT Brands
FATBB
| $190K | ﹤0.01% |
63,625
+859
| +1% | +$3.08K |
|
|
TSBX
3928
DELISTED
Turnstone Biologics
TSBX
| $189K | ﹤0.01% |
71,952
-166,132
| -70% | -$475K |
|
3929
RAVE Restaurant Group
RAVE
$44.6M
| $188K | ﹤0.01% |
94,887
+8,732
| +10% | +$17.3K |
|
|
AFCG
3930
AFC Gamma
AFCG
$63.4M
| $188K | ﹤0.01% |
22,423
| – | – |
|
3931
Smith Micro Software
SMSI
$16.2M
| $187K | ﹤0.01% |
16,919
-1,995
| -11% | -$23.4K |
|
|
VINC
3932
DELISTED
Vincerx Pharma, Inc. Common Stock
VINC
| $187K | ﹤0.01% |
11,539
+2,415
| +26% | +$60.6K |
|
|
BGXX
3933
DELISTED
Bright Green Corporation Common Stock
BGXX
| $187K | ﹤0.01% |
737,142
-725,197
| -50% | -$180K |
|
3934
NanoViricides
NNVC
$36.2M
| $187K | ﹤0.01% |
108,528
-961
| -0.9% | -$1.71K |
|
3935
Bridgford Foods
BRID
$56.5M
| $187K | ﹤0.01% |
18,592
+1,510
| +9% | +$15.7K |
|
3936
Astrotech Corp
ASTC
$18.1M
| $187K | ﹤0.01% |
20,551
+362
| +2% | +$3.38K |
|
3937
IGC Pharma
IGC
$26.8M
| $187K | ﹤0.01% |
429,827
+105,531
| +33% | +$52.5K |
|
3938
Forte Biosciences
FBRX
$1.57B
| $186K | ﹤0.01% |
13,852
+115
| +0.8% | +$1.86K |
|
|
FPAY
3939
DELISTED
FlexShopper
FPAY
| $186K | ﹤0.01% |
145,257
+4,788
| +3% | +$5.52K |
|
3940
Beyond Air
XAIR
$3.86M
| $186K | ﹤0.01% |
864
-689
| -44% | -$343K |
|
3941
Texas Community Bancshares
TCBS
$50.3M
| $186K | ﹤0.01% |
12,741
+395
| +3% | +$5.66K |
|
|
VNET
3942
VNET Group
VNET
$2.09B
| $185K | ﹤0.01% |
88,415
+1,087
| +1% | +$2.08K |
|
3943
AudioCodes
AUDC
$253M
| $185K | ﹤0.01% |
17,801
| – | – |
|
3944
Owlet
OWLT
$160M
| $185K | ﹤0.01% |
44,805
+4,540
| +11% | +$18.4K |
|
3945
SAB Biotherapeutics
SABS
$355M
| $184K | ﹤0.01% |
59,415
-4,051
| -6% | -$14.9K |
|
|
REFI
3946
Chicago Atlantic Real Estate Finance
REFI
$261M
| $184K | ﹤0.01% |
+11,920
| New | +$186K |
|
3947
OneMedNet
ONMD
$35.6M
| $182K | ﹤0.01% |
185,435
+16,688
| +10% | +$16.3K |
|
|
ANSC
3948
Agriculture & Natural Solutions Acquisition Corp
ANSC
$476M
| $182K | ﹤0.01% |
17,782
| – | – |
|
|
PWCM
3949
PowerCompute, Inc. Common Stock
PWCM
$1.38M
| $182K | ﹤0.01% |
1,794
+95
| +6% | +$8.06K |
|
3950
Sadot Group
SDOT
$12.7M
| $182K | ﹤0.01% |
238
+9
| +4% | +$5.4K |
|
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.