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 | |
|---|---|---|---|---|---|---|
801
STAG Industrial
STAG
$7.19B
| $122M | 0.01% |
3,381,615
+81,491
| +2% | +$2.9M |
|
802
National Fuel Gas
NFG
$7.65B
| $122M | 0.01% |
2,128,247
+157,621
| +8% | +$8.64M |
|
803
Affirm
AFRM
$25.2B
| $122M | 0.01% |
4,003,660
+182,174
| +5% | +$5.84M |
|
804
Sun Life Financial
SLF
$45.4B
| $121M | 0.01% |
2,446,754
+109,709
| +5% | +$5.57M |
|
805
RLI Corp
RLI
$5.89B
| $121M | 0.01% |
1,715,552
+117,382
| +7% | +$8.4M |
|
806
FormFactor
FORM
$9.17B
| $121M | 0.01% |
1,993,192
+96,726
| +5% | +$5.04M |
|
807
Essential Properties Realty Trust
EPRT
$6.62B
| $121M | 0.01% |
4,349,995
+551,502
| +15% | +$14.7M |
|
808
Axcelis
ACLS
$4.31B
| $120M | 0.01% |
846,375
+41,505
| +5% | +$4.79M |
|
809
Tenable Holdings
TENB
$4.01B
| $120M | 0.01% |
2,761,182
+138,383
| +5% | +$6.1M |
|
810
Jazz Pharmaceuticals
JAZZ
$16.7B
| $119M | 0.01% |
1,114,861
+7,551
| +0.7% | +$830K |
|
811
Repligen
RGEN
$9.25B
| $119M | 0.01% |
945,164
+23,745
| +3% | +$3.72M |
|
812
Voya Financial
VOYA
$9.19B
| $119M | 0.01% |
1,669,491
+35,386
| +2% | +$2.55M |
|
813
Carpenter Technology
CRS
$28.4B
| $119M | 0.01% |
1,082,707
+4,219
| +0.4% | +$405K |
|
814
Arrow Electronics
ARW
$10.4B
| $119M | 0.01% |
978,899
+19,668
| +2% | +$2.51M |
|
815
Ionis Pharmaceuticals
IONS
$9.4B
| $118M | 0.01% |
2,484,544
+120,288
| +5% | +$4.93M |
|
816
Thomson Reuters
TRI
$44.1B
| $118M | 0.01% |
680,621
+30,666
| +5% | +$5.08M |
|
817
OGE Energy
OGE
$9.71B
| $118M | 0.01% |
3,308,738
+77,082
| +2% | +$2.71M |
|
818
Simpson Manufacturing
SSD
$8.16B
| $118M | 0.01% |
700,313
-258,223
| -27% | -$45.2M |
|
819
WillScot Mobile Mini Holdings
WSC
$4.41B
| $118M | 0.01% |
3,134,864
+24,171
| +0.8% | +$957K |
|
820
Alcoa
AA
$13.2B
| $118M | 0.01% |
2,954,265
+81,578
| +3% | +$3.16M |
|
821
Matador Resources
MTDR
$6.09B
| $118M | 0.01% |
1,971,809
-546,860
| -22% | -$34.3M |
|
|
WCC
822
WESCO International
WCC
$17.7B
| $117M | 0.01% |
740,573
+15,673
| +2% | +$2.67M |
|
823
Dolby
DLB
$5.79B
| $117M | 0.01% |
1,475,290
+105,195
| +8% | +$8.46M |
|
824
Option Care Health
OPCH
$3.56B
| $117M | 0.01% |
4,231,024
+241,166
| +6% | +$7.19M |
|
825
Oshkosh
OSK
$9.59B
| $117M | 0.01% |
1,079,573
+22,753
| +2% | +$2.63M |
|
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.