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
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CNR
1151
Core Natural Resources Inc
CNR
$4.45B
| $78.6M | 0.01% |
751,044
+31,310
| +4% | +$3.05M |
|
1152
XP
XP
$8.39B
| $78.6M | 0.01% |
4,397,967
+1,999,332
| +83% | +$36.4M |
|
1153
Enpro
NPO
$7.05B
| $78.5M | 0.01% |
484,216
+5,502
| +1% | +$856K |
|
1154
Silgan Holdings
SLGN
$4.41B
| $78.5M | 0.01% |
1,495,033
+157,160
| +12% | +$7.65M |
|
1155
Tidewater
TDW
$4.12B
| $78.5M | 0.01% |
1,092,887
+5,713
| +0.5% | +$498K |
|
1156
PBF Energy
PBF
$7.31B
| $77.9M | 0.01% |
2,516,073
-17,439
| -0.7% | -$634K |
|
1157
Atlantic Union Bankshares
AUB
$5.97B
| $77.8M | 0.01% |
2,065,862
+14,823
| +0.7% | +$558K |
|
|
FLG
1158
Flagstar Bank National Association
FLG
$5.82B
| $77.8M | 0.01% |
+6,928,897
| New | +$73.7M |
|
1159
Clear Secure
YOU
$5.28B
| $77.8M | 0.01% |
2,346,854
+141,208
| +6% | +$3.64M |
|
1160
Cushman & Wakefield Ltd
CWK
$3.25B
| $77.7M | 0.01% |
5,696,370
+395,652
| +7% | +$4.99M |
|
1161
Otter Tail
OTTR
$3.94B
| $77.7M | 0.01% |
993,360
-11,589
| -1% | -$1M |
|
1162
AutoNation
AN
$6.92B
| $77.6M | 0.01% |
433,730
+18,588
| +4% | +$3.19M |
|
1163
Peabody Energy
BTU
$2.9B
| $77.5M | 0.01% |
2,918,536
+216,887
| +8% | +$4.94M |
|
|
TGNA
1164
DELISTED
TEGNA Inc
TGNA
| $77.4M | 0.01% |
4,905,588
+238,696
| +5% | +$3.48M |
|
1165
Grab
GRAB
$14.9B
| $77.4M | 0.01% |
20,666,618
+591,898
| +3% | +$2.02M |
|
1166
Brookfield Asset Management
BAM
$83.8B
| $77.3M | 0.01% |
1,611,859
+168,170
| +12% | +$7.05M |
|
1167
Warrior Met Coal
HCC
$4.86B
| $77.2M | 0.01% |
1,208,405
+13,650
| +1% | +$848K |
|
|
BWIN
1168
Baldwin Insurance Group
BWIN
$2.86B
| $77.2M | 0.01% |
1,550,357
+9,326
| +0.6% | +$405K |
|
1169
Associated Banc-Corp
ASB
$5.91B
| $77.2M | 0.01% |
3,584,271
+79,658
| +2% | +$1.73M |
|
1170
Sensient Technologies
SXT
$5.53B
| $77.1M | 0.01% |
961,455
+15,868
| +2% | +$1.2M |
|
1171
Cogent Communications
CCOI
$508M
| $77M | 0.01% |
1,014,322
+3,093
| +0.3% | +$213K |
|
1172
Artisan Partners
APAM
$3.02B
| $76.9M | 0.01% |
1,775,314
+82,868
| +5% | +$3.42M |
|
1173
WIX.com
WIX
$2.52B
| $76.8M | 0.01% |
461,902
+14,340
| +3% | +$2.31M |
|
1174
Archrock
AROC
$5.8B
| $76.8M | 0.01% |
3,794,981
+523,825
| +16% | +$10.6M |
|
1175
Mueller Water Products
MWA
$4.16B
| $76.8M | 0.01% |
3,538,901
+73,069
| +2% | +$1.47M |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.