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 | |
|---|---|---|---|---|---|---|
1151
Atlantic Union Bankshares
AUB
$6.02B
| $77.9M | 0.01% |
2,055,512
-10,350
| -0.5% | -$410K |
|
1152
BlackLine
BL
$1.84B
| $77.9M | 0.01% |
1,281,514
-503
| -0% | -$30K |
|
|
SEE
1153
DELISTED
Sealed Air
SEE
| $77.8M | 0.01% |
2,299,543
-1,266
| -0.1% | -$45.2K |
|
1154
Core Scientific
CORZ
$6.66B
| $77.8M | 0.01% |
5,532,715
+256,142
| +5% | +$3.78M |
|
1155
White Mountains Insurance
WTM
$5.2B
| $77.3M | 0.01% |
39,735
-109
| -0.3% | -$206K |
|
1156
ACV Auctions
ACVA
$1.31B
| $77.2M | 0.01% |
3,575,347
+58,259
| +2% | +$1.18M |
|
1157
Resideo Technologies
REZI
$5.19B
| $77.2M | 0.01% |
3,349,821
-13,929
| -0.4% | -$327K |
|
1158
Axsome Therapeutics
AXSM
$11.2B
| $77.2M | 0.01% |
912,538
+4,079
| +0.4% | +$375K |
|
1159
Douglas Emmett
DEI
$1.98B
| $77.2M | 0.01% |
4,160,162
-11,677
| -0.3% | -$218K |
|
1160
National Health Investors
NHI
$3.72B
| $77.2M | 0.01% |
1,113,771
+19,201
| +2% | +$1.46M |
|
1161
Broadstone Net Lease
BNL
$4.11B
| $77.1M | 0.01% |
4,860,444
+15,501
| +0.3% | +$270K |
|
1162
Silgan Holdings
SLGN
$4.23B
| $77.1M | 0.01% |
1,480,224
-14,809
| -1% | -$790K |
|
1163
Pegasystems
PEGA
$5.02B
| $77M | 0.01% |
1,651,524
+12,960
| +0.8% | +$554K |
|
1164
Timken Company
TKR
$9.56B
| $76.7M | 0.01% |
1,074,595
+1,472
| +0.1% | +$116K |
|
1165
Scholar Rock
SRRK
$5.67B
| $76.5M | 0.01% |
1,770,324
+227,299
| +15% | +$7.4M |
|
1166
Euronet Worldwide
EEFT
$2.72B
| $76.4M | 0.01% |
743,012
-14,987
| -2% | -$1.53M |
|
1167
Innospec
IOSP
$2.12B
| $76.2M | 0.01% |
692,071
+14,788
| +2% | +$1.69M |
|
1168
Cinemark Holdings
CNK
$4.24B
| $75.8M | 0.01% |
2,446,638
-2,929
| -0.1% | -$90.6K |
|
|
CIVI
1169
DELISTED
Civitas Resources
CIVI
| $75.8M | 0.01% |
1,651,582
-24,321
| -1% | -$1.21M |
|
1170
Viking Therapeutics
VKTX
$3.7B
| $75.7M | 0.01% |
1,880,713
+17,046
| +0.9% | +$972K |
|
1171
Riot Platforms
RIOT
$7.63B
| $75.7M | 0.01% |
7,410,854
+172,388
| +2% | +$1.88M |
|
1172
Freshworks
FRSH
$3.14B
| $75.6M | 0.01% |
4,673,600
+79,388
| +2% | +$1.13M |
|
|
GMS
1173
DELISTED
GMS Inc
GMS
| $75.3M | 0.01% |
887,744
-11,433
| -1% | -$1.07M |
|
1174
Western Union
WU
$1.98B
| $75.3M | 0.01% |
7,103,683
-76,015
| -1% | -$842K |
|
1175
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $75.3M | 0.01% |
3,657,458
+196,603
| +6% | +$3.97M |
|
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.