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 | |
|---|---|---|---|---|---|---|
1026
Option Care Health
OPCH
$3.45B
| $96.7M | 0.01% |
4,165,518
-28,471
| -0.7% | -$720K |
|
1027
Affiliated Managers Group
AMG
$9.69B
| $96.5M | 0.01% |
521,502
-4,539
| -0.9% | -$847K |
|
1028
Archrock
AROC
$6.27B
| $96.4M | 0.01% |
3,873,691
+78,710
| +2% | +$1.82M |
|
1029
TG Therapeutics
TGTX
$7.96B
| $96.1M | 0.01% |
3,193,505
-11,723
| -0.4% | -$336K |
|
1030
Skywest
SKYW
$4.24B
| $96.1M | 0.01% |
959,075
-1,664
| -0.2% | -$170K |
|
1031
Noble Corp
NE
$6.77B
| $96M | 0.01% |
3,056,211
-46,561
| -2% | -$1.54M |
|
1032
Brink's
BCO
$4.88B
| $95.8M | 0.01% |
1,032,120
-14,216
| -1% | -$1.42M |
|
1033
SiTime
SITM
$16B
| $95M | 0.01% |
442,897
+1,975
| +0.4% | +$402K |
|
1034
Weatherford International
WFRD
$6.29B
| $94.6M | 0.01% |
1,320,317
-5,085
| -0.4% | -$417K |
|
1035
SiteOne Landscape Supply
SITE
$4.12B
| $94.5M | 0.01% |
716,837
-1,138
| -0.2% | -$164K |
|
1036
Cousins Properties
CUZ
$5.19B
| $94.2M | 0.01% |
3,072,221
+208,044
| +7% | +$6.38M |
|
1037
Dutch Bros
BROS
$9.03B
| $94.1M | 0.01% |
1,795,485
+22,214
| +1% | +$980K |
|
1038
Ionis Pharmaceuticals
IONS
$8.6B
| $94M | 0.01% |
2,687,248
+18,890
| +0.7% | +$706K |
|
1039
BridgeBio Pharma
BBIO
$15.7B
| $93.8M | 0.01% |
3,417,693
+3,744
| +0.1% | +$96.8K |
|
1040
Verra Mobility
VRRM
$804M
| $93.8M | 0.01% |
3,876,947
-27,803
| -0.7% | -$689K |
|
1041
Procept Biorobotics
PRCT
$1.06B
| $93.8M | 0.01% |
1,164,037
+57,449
| +5% | +$4.91M |
|
1042
WD-40
WDFC
$3.05B
| $93.6M | 0.01% |
385,779
+7,664
| +2% | +$2.04M |
|
1043
Spire
SR
$4.72B
| $93.6M | 0.01% |
1,380,037
-5,415
| -0.4% | -$363K |
|
1044
Construction Partners
ROAD
$5.84B
| $93.6M | 0.01% |
1,058,054
+30,362
| +3% | +$2.64M |
|
1045
Ameris Bancorp
ABCB
$5.85B
| $93.4M | 0.01% |
1,493,064
-11,694
| -0.8% | -$767K |
|
1046
Kratos Defense & Security Solutions
KTOS
$8.74B
| $93.4M | 0.01% |
3,540,604
-15,940
| -0.4% | -$408K |
|
1047
Autoliv
ALV
$9.02B
| $93.4M | 0.01% |
995,121
+7,746
| +0.8% | +$745K |
|
1048
CNO Financial Group
CNO
$5.14B
| $93.2M | 0.01% |
2,505,290
-36,433
| -1% | -$1.35M |
|
1049
ADMA Biologics
ADMA
$1.96B
| $93.2M | 0.01% |
5,432,384
+50,399
| +0.9% | +$948K |
|
1050
Ormat Technologies
ORA
$6B
| $93M | 0.01% |
1,373,426
+72,135
| +6% | +$5.57M |
|
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.