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
|
+$1.49B |
| 2 |
Microsoft
MSFT
|
+$1.32B |
| 3 |
NVIDIA
NVDA
|
+$1.31B |
| 4 |
Amazon
AMZN
|
+$1.03B |
| 5 |
Meta Platforms (Facebook)
META
|
+$599M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$366M |
| 2 |
MRO
Marathon Oil Corporation
MRO
|
+$354M |
| 3 |
CTLT
CATALENT, INC.
CTLT
|
+$257M |
| 4 |
Palo Alto Networks
PANW
|
+$176M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.81% |
| 2 | Financials | 13.54% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Healthcare | 10.13% |
| 5 | Communication Services | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Morningstar
MORN
$7.22B
| $189M | 0.01% |
561,431
+64,020
| +13% | +$21.9M |
|
|
GTLS
652
DELISTED
Chart Industries
GTLS
| $189M | 0.01% |
989,753
-3,446
| -0.3% | -$554K |
|
653
Jackson Financial
JXN
$8.53B
| $189M | 0.01% |
2,099,517
+13,362
| +0.6% | +$1.3M |
|
654
Tetra Tech
TTEK
$8.49B
| $188M | 0.01% |
4,729,696
+13,616
| +0.3% | +$611K |
|
655
Hasbro
HAS
$13.3B
| $188M | 0.01% |
3,371,002
+59,794
| +2% | +$3.9M |
|
656
Acuity Brands
AYI
$9.83B
| $188M | 0.01% |
644,109
+17,299
| +3% | +$5.4M |
|
657
nVent Electric
NVT
$24.9B
| $188M | 0.01% |
2,760,114
-13,054
| -0.5% | -$962K |
|
658
Royalty Pharma
RPRX
$25.9B
| $187M | 0.01% |
7,312,551
+46,765
| +0.6% | +$1.24M |
|
659
IonQ
IONQ
$13.6B
| $187M | 0.01% |
4,466,094
+45,942
| +1% | +$1.15M |
|
660
iShares MSCI India ETF
INDA
$6.89B
| – | – |
0
| – | – |
|
661
MGM Resorts International
MGM
$11.4B
| $186M | 0.01% |
5,392,302
+1,002
| +0% | +$37.9K |
|
662
Albertsons Companies
ACI
$5.62B
| $186M | 0.01% |
9,491,772
+428,506
| +5% | +$8.13M |
|
663
BWX Technologies
BWXT
$15.5B
| $185M | 0.01% |
1,661,697
-20,866
| -1% | -$2.55M |
|
664
Celanese
CE
$4.9B
| $185M | 0.01% |
2,679,670
+73,498
| +3% | +$7.06M |
|
665
Ovintiv
OVV
$17.3B
| $183M | 0.01% |
4,527,617
-6,016
| -0.1% | -$251K |
|
666
The Ensign Group
ENSG
$10.4B
| $181M | 0.01% |
1,365,705
+1,883
| +0.1% | +$274K |
|
667
Invesco
IVZ
$13.1B
| $181M | 0.01% |
10,383,206
+134,726
| +1% | +$2.4M |
|
668
Fortis
FTS
$29B
| $181M | 0.01% |
4,257,486
+1,853,082
| +77% | +$81M |
|
669
Chemed
CHE
$7.07B
| $181M | 0.01% |
340,409
+4,966
| +1% | +$2.8M |
|
670
EXL Service
EXLS
$5.14B
| $180M | 0.01% |
4,065,957
-260,554
| -6% | -$11.3M |
|
|
SF
671
Stifel
SF
$12.6B
| $180M | 0.01% |
2,550,411
+5,503
| +0.2% | +$393K |
|
672
Revolution Medicines
RVMD
$39.9B
| $180M | 0.01% |
4,086,199
+459,174
| +13% | +$23.2M |
|
673
Glaukos
GKOS
$9.83B
| $180M | 0.01% |
1,197,215
+25,199
| +2% | +$3.47M |
|
674
First Horizon
FHN
$12.2B
| $179M | 0.01% |
8,908,420
-438,504
| -5% | -$8.25M |
|
675
Abercrombie & Fitch
ANF
$4.42B
| $179M | 0.01% |
1,197,937
-23,953
| -2% | -$3.5M |
|
Similar funds
Geode Capital Management's Q4 2024 Portfolio in Review
As of Q4 2024, Geode Capital Management held 4,614 positions worth $1.29T, up 4.5% from $1.23T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.7%. Geode Capital Management opened 80 new positions and exited 137, leaving the 4,614-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2024 buy was Primo Brands: 3,477,223 shares worth $107M.
- Geode Capital Management added most to Apple in Q4 2024, an estimated $1.49B increase.
- Geode Capital Management's biggest Q4 2024 reduction was Alphabet (Google) Class A, cutting an estimated $366M.
- Geode Capital Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $354M.
- Geode Capital Management's ten largest holdings make up 32% of its $1.29T portfolio in Q4 2024.
- Geode Capital Management opened 80 new positions and closed 137 in Q4 2024.
- Geode Capital Management's portfolio value rose 4.5% quarter-over-quarter to $1.29T.
Based on Geode Capital Management's 13F filing for Q4 2024, filed 12 Feb 2025.