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 | |
|---|---|---|---|---|---|---|
1076
UiPath
PATH
$6.61B
| $89.4M | 0.01% |
7,030,807
-281,261
| -4% | -$3.72M |
|
1077
SiriusXM
SIRI
$9.98B
| $89.3M | 0.01% |
3,914,785
+154,765
| +4% | +$3.95M |
|
1078
Texas Capital Bancshares
TCBI
$4.3B
| $89.1M | 0.01% |
1,139,160
-6,111
| -0.5% | -$495K |
|
|
HCP
1079
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $88.5M | 0.01% |
2,585,092
+63,090
| +3% | +$2.14M |
|
|
TGNA
1080
DELISTED
TEGNA Inc
TGNA
| $88.4M | 0.01% |
4,833,280
-72,308
| -1% | -$1.27M |
|
|
UCB
1081
United Community Banks
UCB
$4.24B
| $88.4M | 0.01% |
2,735,249
-16,323
| -0.6% | -$508K |
|
1082
Lincoln National
LNC
$8.73B
| $88.2M | 0.01% |
2,781,556
-591,931
| -18% | -$19.7M |
|
1083
FNB Corp
FNB
$6.73B
| $88.1M | 0.01% |
5,961,104
+21,325
| +0.4% | +$327K |
|
1084
Avient
AVNT
$3.33B
| $88M | 0.01% |
2,153,945
-20,347
| -0.9% | -$985K |
|
1085
Rush Enterprises Class A
RUSHA
$6.2B
| $87.8M | 0.01% |
1,603,060
-12,988
| -0.8% | -$742K |
|
1086
Apple Hospitality REIT
APLE
$3.9B
| $87.7M | 0.01% |
5,712,461
-48,903
| -0.8% | -$758K |
|
1087
StepStone Group
STEP
$3.61B
| $87.3M | 0.01% |
1,508,666
+50,976
| +3% | +$3.16M |
|
1088
Flowers Foods
FLO
$1.49B
| $87.2M | 0.01% |
4,219,943
+60,867
| +1% | +$1.34M |
|
1089
C3.ai
AI
$1.43B
| $87.1M | 0.01% |
2,529,991
+313,066
| +14% | +$9.72M |
|
1090
EnerSys
ENS
$6.78B
| $87M | 0.01% |
940,776
-5,484
| -0.6% | -$534K |
|
1091
Granite Construction
GVA
$5.29B
| $86.8M | 0.01% |
989,495
-2,798
| -0.3% | -$252K |
|
1092
News Corp Class B
NWS
$16.9B
| $86.8M | 0.01% |
2,855,707
+13,329
| +0.5% | +$402K |
|
1093
Guardant Health
GH
$21.7B
| $86.3M | 0.01% |
2,823,088
+868
| +0% | +$24.4K |
|
1094
CorVel
CRVL
$3.06B
| $86.2M | 0.01% |
774,653
+13,043
| +2% | +$1.46M |
|
1095
Macy's
M
$6.53B
| $86.1M | 0.01% |
5,059,725
+35,935
| +0.7% | +$573K |
|
1096
GXO Logistics
GXO
$5.77B
| $85.7M | 0.01% |
1,970,565
-12,355
| -0.6% | -$680K |
|
|
CCC
1097
CCC Intelligent Solutions
CCC
$3.59B
| $85.4M | 0.01% |
7,281,891
+77,631
| +1% | +$899K |
|
|
GAP
1098
The Gap Inc
GAP
$7.23B
| $85.4M | 0.01% |
3,614,164
+18,195
| +0.5% | +$415K |
|
1099
The GEO Group
GEO
$4.13B
| $85.4M | 0.01% |
3,051,384
+35,281
| +1% | +$782K |
|
1100
Viper Energy
VNOM
$8.71B
| $85.1M | 0.01% |
1,733,745
+35,084
| +2% | +$1.81M |
|
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.