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 | |
|---|---|---|---|---|---|---|
876
ATI
ATI
$31B
| $108M | 0.01% |
1,947,769
-822,607
| -30% | -$46.1M |
|
877
MasTec
MTZ
$21.9B
| $108M | 0.01% |
1,009,451
+27,560
| +3% | +$2.78M |
|
878
Acadia Healthcare
ACHC
$2.94B
| $108M | 0.01% |
1,599,001
+49,035
| +3% | +$3.42M |
|
879
Asbury Automotive
ABG
$3.85B
| $108M | 0.01% |
472,741
+13,725
| +3% | +$3.11M |
|
880
Moog Inc Class A
MOG.A
$12.8B
| $107M | 0.01% |
641,795
+10,059
| +2% | +$1.65M |
|
881
Planet Fitness
PLNT
$3.78B
| $107M | 0.01% |
1,455,428
+75,276
| +5% | +$4.88M |
|
882
Aaon
AAON
$7.77B
| $107M | 0.01% |
1,227,698
-306,443
| -20% | -$25M |
|
883
Glacier Bancorp
GBCI
$6.35B
| $107M | 0.01% |
2,861,213
+201,522
| +8% | +$7.49M |
|
|
EFOR
884
Everforth Inc
EFOR
$1.32B
| $107M | 0.01% |
1,208,984
+158,317
| +15% | +$15.1M |
|
885
Krystal Biotech
KRYS
$9.66B
| $107M | 0.01% |
580,220
+54,475
| +10% | +$9.15M |
|
|
CMA
886
DELISTED
Comerica
CMA
| $106M | 0.01% |
2,082,184
-1,006,035
| -33% | -$51.4M |
|
887
Brink's
BCO
$4.62B
| $106M | 0.01% |
1,037,495
+38,040
| +4% | +$3.63M |
|
888
Power Integrations
POWI
$3.61B
| $106M | 0.01% |
1,512,287
+80,205
| +6% | +$5.76M |
|
889
Popular Inc
BPOP
$11.1B
| $106M | 0.01% |
1,200,086
-795
| -0.1% | -$69.1K |
|
890
Itron
ITRI
$4.54B
| $106M | 0.01% |
1,069,310
+26,281
| +3% | +$2.64M |
|
891
Verra Mobility
VRRM
$744M
| $106M | 0.01% |
3,887,062
+461,797
| +13% | +$11.9M |
|
892
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $106M | 0.01% |
1,319,960
+32,278
| +3% | +$2.58M |
|
893
Home BancShares
HOMB
$6.18B
| $106M | 0.01% |
4,404,556
+170,249
| +4% | +$4.04M |
|
894
Genpact
G
$5.76B
| $106M | 0.01% |
3,277,760
+139,887
| +4% | +$4.51M |
|
895
United Bankshares
UBSI
$6.62B
| $106M | 0.01% |
3,252,548
+147,057
| +5% | +$4.86M |
|
896
Five Below
FIVE
$13.5B
| $106M | 0.01% |
967,985
+26,135
| +3% | +$3.62M |
|
897
Academy Sports + Outdoors
ASO
$2.98B
| $105M | 0.01% |
1,972,477
+157,460
| +9% | +$8.95M |
|
|
FYBR
898
DELISTED
Frontier Communications
FYBR
| $105M | 0.01% |
4,009,699
+185,405
| +5% | +$4.61M |
|
899
Ollie's Bargain Outlet
OLLI
$4.94B
| $105M | 0.01% |
1,069,052
+14,881
| +1% | +$1.18M |
|
900
Cullen/Frost Bankers
CFR
$10.2B
| $105M | 0.01% |
1,031,474
+22,400
| +2% | +$2.35M |
|
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.