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 | |
|---|---|---|---|---|---|---|
751
Marathon Digital Holdings
MARA
$3.85B
| $135M | 0.01% |
6,778,949
+1,328,891
| +24% | +$25.2M |
|
|
ALTR
752
DELISTED
Altair Engineering Inc
ALTR
| $134M | 0.01% |
1,370,792
+137,731
| +11% | +$12.1M |
|
753
Old National Bancorp
ONB
$10.2B
| $134M | 0.01% |
7,817,654
+855,089
| +12% | +$14.2M |
|
754
Knight Transportation
KNX
$11.4B
| $134M | 0.01% |
2,694,437
+65,878
| +3% | +$3.23M |
|
755
Hamilton Lane
HLNE
$5.57B
| $133M | 0.01% |
1,079,406
+165,308
| +18% | +$19.3M |
|
756
Paylocity
PCTY
$7.98B
| $133M | 0.01% |
1,012,216
+79,858
| +9% | +$12.4M |
|
|
BECN
757
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $133M | 0.01% |
1,471,500
+38,910
| +3% | +$3.75M |
|
758
Range Resources
RRC
$8.95B
| $133M | 0.01% |
3,967,955
+22,948
| +0.6% | +$825K |
|
759
Graphic Packaging
GPK
$3.58B
| $133M | 0.01% |
5,063,474
-12,864
| -0.3% | -$355K |
|
760
Lantheus
LNTH
$6.59B
| $133M | 0.01% |
1,650,949
+69,977
| +4% | +$5.13M |
|
761
Ingredion
INGR
$6.58B
| $132M | 0.01% |
1,148,629
+69,714
| +6% | +$8.05M |
|
762
Casella Waste Systems
CWST
$5.69B
| $131M | 0.01% |
1,321,670
+51,990
| +4% | +$5.01M |
|
763
Boise Cascade
BCC
$3.02B
| $131M | 0.01% |
1,085,128
+50,899
| +5% | +$6.91M |
|
764
EXL Service
EXLS
$5.29B
| $131M | 0.01% |
4,176,655
+132,096
| +3% | +$3.97M |
|
765
Glaukos
GKOS
$10.6B
| $131M | 0.01% |
1,105,882
+67,951
| +7% | +$7.21M |
|
|
EXAS
766
DELISTED
Exact Sciences
EXAS
| $131M | 0.01% |
3,098,097
+128,207
| +4% | +$7.05M |
|
767
Bio-Rad Laboratories Class A
BIO
$9.42B
| $130M | 0.01% |
478,838
+5,637
| +1% | +$1.64M |
|
768
Watts Water Technologies
WTS
$13.1B
| $130M | 0.01% |
711,055
+42,839
| +6% | +$8.59M |
|
769
BellRing Brands
BRBR
$1.34B
| $130M | 0.01% |
2,279,044
-779,416
| -25% | -$44.6M |
|
770
Revolution Medicines
RVMD
$44B
| $129M | 0.01% |
3,335,656
+282,965
| +9% | +$10.6M |
|
771
Old Republic International
ORI
$10.4B
| $129M | 0.01% |
4,182,364
-108,356
| -3% | -$3.32M |
|
772
Maximus
MMS
$3.11B
| $129M | 0.01% |
1,503,627
+60,693
| +4% | +$5.1M |
|
773
RBC Bearings
RBC
$18B
| $129M | 0.01% |
477,463
+12,078
| +3% | +$3.24M |
|
774
Insight Enterprises
NSIT
$4.51B
| $129M | 0.01% |
648,772
+15,043
| +2% | +$2.92M |
|
775
Brixmor Property Group
BRX
$9.32B
| $129M | 0.01% |
5,570,529
+120,080
| +2% | +$2.66M |
|
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.