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 | |
|---|---|---|---|---|---|---|
1176
NMI Holdings
NMIH
$3.36B
| $65.1M | 0.01% |
1,911,529
+71,187
| +4% | +$2.29M |
|
|
TGNA
1177
DELISTED
TEGNA Inc
TGNA
| $65.1M | 0.01% |
4,666,892
-185,729
| -4% | -$2.62M |
|
|
FOLD
1178
DELISTED
Amicus Therapeutics
FOLD
| $64.7M | 0.01% |
6,518,945
+308,209
| +5% | +$3.16M |
|
1179
Inspire Medical Systems
INSP
$1.74B
| $64.3M | 0.01% |
480,526
+18,206
| +4% | +$3.45M |
|
1180
Liberty Global Class C
LBTYK
$3.49B
| $64.3M | 0.01% |
3,602,468
+568,805
| +19% | +$9.91M |
|
1181
Sweetgreen
SG
$642M
| $64.3M | 0.01% |
2,133,166
+78,248
| +4% | +$2.15M |
|
1182
MGE Energy Inc
MGEE
$3.08B
| $64.1M | 0.01% |
857,911
+31,119
| +4% | +$2.43M |
|
1183
Kilroy Realty
KRC
$4.42B
| $63.9M | 0.01% |
2,049,480
+50,681
| +3% | +$1.68M |
|
|
HI
1184
DELISTED
Hillenbrand
HI
| $63.9M | 0.01% |
1,596,062
+77,632
| +5% | +$3.5M |
|
1185
Cathay General Bancorp
CATY
$4.24B
| $63.9M | 0.01% |
1,692,810
+60,795
| +4% | +$2.21M |
|
1186
Hecla Mining
HL
$11.3B
| $63.8M | 0.01% |
13,153,565
+237,544
| +2% | +$1.27M |
|
1187
California Water Service
CWT
$3.12B
| $63.7M | 0.01% |
1,313,691
+50,237
| +4% | +$2.44M |
|
1188
Red Rock Resorts
RRR
$3.62B
| $63.6M | 0.01% |
1,157,238
+70,076
| +6% | +$3.8M |
|
1189
Southern Copper
SCCO
$166B
| $63.5M | 0.01% |
633,431
+22,423
| +4% | +$2.39M |
|
1190
Zeta Global
ZETA
$6.69B
| $63.4M | 0.01% |
3,592,487
+419,433
| +13% | +$6.15M |
|
1191
HUB Group
HUBG
$2.92B
| $63.4M | 0.01% |
1,471,980
+33,042
| +2% | +$1.4M |
|
1192
Graham Holdings Company
GHC
$5.02B
| $63.4M | 0.01% |
90,575
+2,566
| +3% | +$1.88M |
|
1193
Riot Platforms
RIOT
$7.76B
| $63.2M | 0.01% |
6,910,195
+1,859,849
| +37% | +$18.8M |
|
1194
Kulicke & Soffa
KLIC
$4.78B
| $63M | 0.01% |
1,281,119
+16,008
| +1% | +$753K |
|
1195
ACV Auctions
ACVA
$1.3B
| $63M | 0.01% |
3,449,119
+487,186
| +16% | +$8.76M |
|
1196
Capri Holdings
CPRI
$1.74B
| $62.9M | 0.01% |
1,901,136
+47,885
| +3% | +$1.73M |
|
1197
ICF International
ICFI
$1.72B
| $62.8M | 0.01% |
422,876
+12,829
| +3% | +$1.85M |
|
1198
Sunrun
RUN
$2.46B
| $62.7M | 0.01% |
5,285,118
+1,685,657
| +47% | +$20.6M |
|
1199
Dyne Therapeutics
DYN
$4.9B
| $62.6M | 0.01% |
1,774,653
+467,049
| +36% | +$13.6M |
|
1200
Yelp
YELP
$1.41B
| $62.6M | 0.01% |
1,694,848
+79,433
| +5% | +$3.04M |
|
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.