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 | |
|---|---|---|---|---|---|---|
1001
Etsy
ETSY
$7.75B
| $101M | 0.01% |
1,909,454
-48,380
| -2% | -$2.58M |
|
1002
Cedar Fair
FUN
$1.77B
| $101M | 0.01% |
2,093,857
-8,423
| -0.4% | -$369K |
|
1003
Stride
LRN
$3.41B
| $101M | 0.01% |
970,395
+5,694
| +0.6% | +$542K |
|
1004
Bloom Energy
BE
$60.6B
| $101M | 0.01% |
4,540,118
-62,316
| -1% | -$1.09M |
|
1005
Hanover Insurance
THG
$8.1B
| $101M | 0.01% |
651,422
-8,850
| -1% | -$1.37M |
|
1006
AeroVironment
AVAV
$7.56B
| $101M | 0.01% |
654,024
+19,835
| +3% | +$3.88M |
|
1007
Lumentum
LITE
$55.5B
| $100M | 0.01% |
1,195,605
+9,442
| +0.8% | +$736K |
|
1008
Starwood Property Trust
STWD
$5.92B
| $100M | 0.01% |
5,295,339
-49,661
| -0.9% | -$984K |
|
1009
PJT Partners
PJT
$4.3B
| $100M | 0.01% |
635,270
+16,233
| +3% | +$2.48M |
|
1010
Black Hills Corp
BKH
$5.42B
| $99.4M | 0.01% |
1,698,234
+35,077
| +2% | +$2.13M |
|
1011
Elanco Animal Health
ELAN
$13.2B
| $99.1M | 0.01% |
8,180,840
+312,165
| +4% | +$4.08M |
|
1012
Power Integrations
POWI
$3.38B
| $99M | 0.01% |
1,604,230
+28,793
| +2% | +$1.83M |
|
1013
Columbia Banking Systems
COLB
$8.84B
| $98.8M | 0.01% |
3,658,334
-23,855
| -0.6% | -$684K |
|
1014
Mercado Libre
MELI
$95.2B
| $98.7M | 0.01% |
59,680
+1,549
| +3% | +$3.02M |
|
1015
FirstCash
FCFS
$8.85B
| $98.7M | 0.01% |
952,201
+1,580
| +0.2% | +$170K |
|
1016
HF Sinclair
DINO
$16.3B
| $98.4M | 0.01% |
2,812,602
-22,784
| -0.8% | -$932K |
|
1017
RH
RH
$3.13B
| $98.2M | 0.01% |
249,419
-894
| -0.4% | -$318K |
|
1018
Insight Enterprises
NSIT
$3.89B
| $98M | 0.01% |
643,933
-15,550
| -2% | -$2.78M |
|
1019
NOV
NOV
$6.93B
| $97.8M | 0.01% |
6,697,650
+302,009
| +5% | +$4.72M |
|
1020
Franklin Electric
FELE
$4.63B
| $97.6M | 0.01% |
1,001,223
-2,834
| -0.3% | -$295K |
|
|
SFBS
1021
ServisFirst Bancshares
SFBS
$4.89B
| $97.5M | 0.01% |
1,150,191
-7,159
| -0.6% | -$636K |
|
|
MZTI
1022
The Marzetti Company
MZTI
$2.93B
| $97.3M | 0.01% |
561,913
+5,690
| +1% | +$1.04M |
|
|
ESGR
1023
DELISTED
Enstar Group
ESGR
| $97.2M | 0.01% |
301,646
-1,453
| -0.5% | -$470K |
|
1024
Silicon Laboratories
SLAB
$7.17B
| $96.9M | 0.01% |
779,871
-1,178
| -0.2% | -$135K |
|
1025
Magnolia Oil & Gas
MGY
$6.09B
| $96.7M | 0.01% |
4,136,456
+28,687
| +0.7% | +$745K |
|
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.