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 | |
|---|---|---|---|---|---|---|
1276
Construction Partners
ROAD
$6.77B
| $56.6M | 0.01% |
1,025,506
+41,837
| +4% | +$2.31M |
|
1277
Iridium Communications
IRDM
$5.29B
| $56.4M | 0.01% |
2,119,700
+2,276
| +0.1% | +$64.1K |
|
1278
Credit Acceptance
CACC
$6.08B
| $56M | ﹤0.01% |
108,857
+849
| +0.8% | +$432K |
|
1279
AAR Corp
AIR
$5.76B
| $55.9M | ﹤0.01% |
769,215
+27,896
| +4% | +$1.89M |
|
|
PPLI
1280
People Inc
PPLI
$3.1B
| $55.8M | ﹤0.01% |
1,452,525
+36,191
| +3% | +$1.5M |
|
1281
Chemours
CC
$2.37B
| $55.6M | ﹤0.01% |
2,462,945
+71,911
| +3% | +$1.88M |
|
1282
TPG
TPG
$7.86B
| $55.5M | ﹤0.01% |
1,339,338
+118,318
| +10% | +$5.06M |
|
1283
Parsons
PSN
$5.08B
| $55.5M | ﹤0.01% |
677,768
-218,518
| -24% | -$17.1M |
|
1284
Brookfield Asset Management
BAM
$83.8B
| $55.4M | ﹤0.01% |
1,443,689
+79,028
| +6% | +$3.11M |
|
1285
Gibraltar Industries
ROCK
$1.49B
| $55.3M | ﹤0.01% |
805,982
+44,953
| +6% | +$3.27M |
|
1286
ManpowerGroup
MAN
$2.63B
| $55.2M | ﹤0.01% |
790,591
+6,603
| +0.8% | +$489K |
|
1287
Douglas Emmett
DEI
$1.96B
| $55.2M | ﹤0.01% |
4,144,878
+169,395
| +4% | +$2.3M |
|
1288
Cushman & Wakefield Ltd
CWK
$3.25B
| $55.1M | ﹤0.01% |
5,300,718
+1,264,709
| +31% | +$13.1M |
|
1289
Urban Edge Properties
UE
$2.73B
| $55M | ﹤0.01% |
2,978,754
+157,986
| +6% | +$2.71M |
|
1290
Viper Energy
VNOM
$14.7B
| $55M | ﹤0.01% |
1,464,613
+610,225
| +71% | +$23.2M |
|
1291
Rogers Communications
RCI
$18.6B
| $54.9M | ﹤0.01% |
1,477,764
+76,286
| +5% | +$2.96M |
|
|
SQSP
1292
DELISTED
Squarespace, Inc.
SQSP
| $54.9M | ﹤0.01% |
1,258,285
+77,135
| +7% | +$3.09M |
|
1293
Progress Software
PRGS
$1.76B
| $54.8M | ﹤0.01% |
1,010,284
+18,285
| +2% | +$928K |
|
|
NSA
1294
DELISTED
National Storage Affiliates Trust
NSA
| $54.8M | ﹤0.01% |
1,328,363
-79,185
| -6% | -$2.98M |
|
1295
PTC Therapeutics
PTCT
$6.12B
| $54.7M | ﹤0.01% |
1,787,780
+124,712
| +7% | +$4.04M |
|
|
BWIN
1296
Baldwin Insurance Group
BWIN
$2.86B
| $54.7M | ﹤0.01% |
1,541,031
+127,450
| +9% | +$3.94M |
|
1297
Aurora
AUR
$13.8B
| $54.7M | ﹤0.01% |
19,732,184
+6,294,757
| +47% | +$17.4M |
|
1298
Trinity Industries
TRN
$2.38B
| $54.6M | ﹤0.01% |
1,823,759
+31,423
| +2% | +$916K |
|
1299
STAAR Surgical
STAA
$1.21B
| $54.4M | ﹤0.01% |
1,143,287
+43,105
| +4% | +$1.89M |
|
1300
Geron
GERN
$949M
| $54.4M | ﹤0.01% |
12,836,821
+1,410,836
| +12% | +$5.5M |
|
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.