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 | |
|---|---|---|---|---|---|---|
1101
Warrior Met Coal
HCC
$4.86B
| $75M | 0.01% |
1,194,755
+53,565
| +5% | +$3.47M |
|
1102
Alpha Metallurgical Resources
AMR
$1.93B
| $74.7M | 0.01% |
266,378
-6,379
| -2% | -$1.98M |
|
1103
Liberty Energy
LBRT
$3.25B
| $74.6M | 0.01% |
3,572,379
+105,294
| +3% | +$2.35M |
|
1104
BGC Group
BGC
$4.89B
| $74.2M | 0.01% |
8,933,030
+540,070
| +6% | +$4.45M |
|
1105
Associated Banc-Corp
ASB
$5.91B
| $74.1M | 0.01% |
3,504,613
+118,305
| +3% | +$2.49M |
|
1106
Corcept Therapeutics
CORT
$12B
| $74.1M | 0.01% |
2,279,288
+121,503
| +6% | +$3.33M |
|
1107
Alight
ALIT
$407M
| $73.7M | 0.01% |
499,525
+70,716
| +16% | +$11.8M |
|
1108
Shift4
FOUR
$3.26B
| $73.7M | 0.01% |
1,004,759
+111,791
| +13% | +$7.41M |
|
1109
National Health Investors
NHI
$3.65B
| $73.6M | 0.01% |
1,086,030
+46,723
| +4% | +$3M |
|
|
CNR
1110
Core Natural Resources Inc
CNR
$4.45B
| $73.4M | 0.01% |
719,734
+25,559
| +4% | +$2.32M |
|
1111
LivaNova
LIVN
$4.2B
| $73.3M | 0.01% |
1,336,618
+63,841
| +5% | +$3.64M |
|
1112
Cavco Industries
CVCO
$4.55B
| $73.2M | 0.01% |
211,562
+11,762
| +6% | +$4.28M |
|
1113
Columbia Banking Systems
COLB
$8.84B
| $73.1M | 0.01% |
3,675,385
+118,370
| +3% | +$2.25M |
|
1114
Alarm.com
ALRM
$2.85B
| $73.1M | 0.01% |
1,149,924
+45,339
| +4% | +$3M |
|
1115
ABM Industries
ABM
$2.84B
| $73M | 0.01% |
1,444,202
+58,726
| +4% | +$2.74M |
|
1116
Tanger
SKT
$4.52B
| $73M | 0.01% |
2,693,440
+141,599
| +6% | +$3.9M |
|
1117
Walker & Dunlop
WD
$1.53B
| $72.8M | 0.01% |
741,296
+23,992
| +3% | +$2.28M |
|
1118
Fulton Financial
FULT
$4.64B
| $72.8M | 0.01% |
4,285,649
+563,632
| +15% | +$9.14M |
|
1119
COPT Defense Properties
CDP
$4.21B
| $72.7M | 0.01% |
2,905,820
+114,770
| +4% | +$2.76M |
|
|
GMS
1120
DELISTED
GMS Inc
GMS
| $72.3M | 0.01% |
897,080
+21,751
| +2% | +$2.01M |
|
|
UCB
1121
United Community Banks
UCB
$4.28B
| $72.1M | 0.01% |
2,829,746
+154,699
| +6% | +$3.95M |
|
|
HCP
1122
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $72M | 0.01% |
2,136,884
+316,511
| +17% | +$9.84M |
|
1123
White Mountains Insurance
WTM
$5.13B
| $71.9M | 0.01% |
39,571
+672
| +2% | +$1.19M |
|
1124
Brinker International
EAT
$9.66B
| $71.7M | 0.01% |
990,173
+39,595
| +4% | +$2.36M |
|
|
SFBS
1125
ServisFirst Bancshares
SFBS
$4.86B
| $71.7M | 0.01% |
1,133,795
+37,162
| +3% | +$2.29M |
|
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.