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 | |
|---|---|---|---|---|---|---|
1076
iRhythm Holdings
IRTC
$4.2B
| $78.4M | 0.01% |
727,885
+37,125
| +5% | +$3.79M |
|
1077
Grand Canyon Education
LOPE
$3.98B
| $78.3M | 0.01% |
559,858
+52,216
| +10% | +$7.19M |
|
1078
Skywest
SKYW
$4.34B
| $78.3M | 0.01% |
954,197
+32,214
| +3% | +$2.4M |
|
1079
First Bancorp
FBP
$4.38B
| $78.2M | 0.01% |
4,274,174
+210,482
| +5% | +$3.68M |
|
1080
Ashland
ASH
$3.5B
| $78M | 0.01% |
825,326
+16,682
| +2% | +$1.62M |
|
1081
Ameris Bancorp
ABCB
$5.89B
| $77.9M | 0.01% |
1,547,409
+48,631
| +3% | +$2.33M |
|
1082
Bank OZK
OZK
$5.61B
| $77.8M | 0.01% |
1,896,627
+53,041
| +3% | +$2.31M |
|
1083
Axos Financial
AX
$5.68B
| $77.3M | 0.01% |
1,352,959
+79,231
| +6% | +$4.31M |
|
1084
Credicorp
BAP
$30.7B
| $77.2M | 0.01% |
481,289
+31,706
| +7% | +$5.25M |
|
|
AL
1085
DELISTED
Air Lease Corp
AL
| $77.2M | 0.01% |
1,624,127
+28,823
| +2% | +$1.4M |
|
1086
Simply Good Foods
SMPL
$982M
| $77.1M | 0.01% |
2,132,202
+83,858
| +4% | +$3M |
|
1087
Hims & Hers Health
HIMS
$7.31B
| $76.9M | 0.01% |
3,807,372
+860,596
| +29% | +$14.3M |
|
1088
International Bancshares
IBOC
$4.57B
| $76.8M | 0.01% |
1,342,420
+69,605
| +5% | +$3.92M |
|
1089
Shake Shack
SHAK
$2.87B
| $76.5M | 0.01% |
849,760
+35,966
| +4% | +$3.51M |
|
1090
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.2B
| $76.5M | 0.01% |
2,583,085
+161,373
| +7% | +$4.72M |
|
1091
Westlake Corp
WLK
$9.9B
| $76.5M | 0.01% |
529,088
+21,731
| +4% | +$3.34M |
|
1092
Arrowhead Research
ARWR
$12.4B
| $76.4M | 0.01% |
2,937,948
+183,314
| +7% | +$4.5M |
|
1093
Blackbaud
BLKB
$2.08B
| $76.2M | 0.01% |
1,000,716
-1,426
| -0.1% | -$110K |
|
1094
monday.com
MNDY
$3.94B
| $76.2M | 0.01% |
317,809
+70,875
| +29% | +$14.9M |
|
1095
Rayonier
RYN
$6.55B
| $76M | 0.01% |
2,878,288
+67,840
| +2% | +$1.86M |
|
1096
Broadstone Net Lease
BNL
$4.02B
| $75.9M | 0.01% |
4,782,428
+180,069
| +4% | +$2.73M |
|
1097
Valley National Bancorp
VLY
$8.04B
| $75.8M | 0.01% |
10,864,549
+518,773
| +5% | +$3.79M |
|
1098
Insperity
NSP
$2.01B
| $75.7M | 0.01% |
829,797
+38,801
| +5% | +$3.93M |
|
1099
NorthWestern Energy
NWE
$4.43B
| $75.2M | 0.01% |
1,501,239
+61,267
| +4% | +$3.1M |
|
1100
Crinetics Pharmaceuticals
CRNX
$8.92B
| $75.2M | 0.01% |
1,678,387
+276,984
| +20% | +$12.8M |
|
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.