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 | |
|---|---|---|---|---|---|---|
|
HBI
1276
DELISTED
Hanesbrands
HBI
| $64.3M | 0.01% |
7,901,573
-12,874
| -0.2% | -$101K |
|
1277
Vericel Corp
VCEL
$2.35B
| $64M | 0.01% |
1,166,115
+12,062
| +1% | +$611K |
|
1278
Twist Bioscience
TWST
$5.7B
| $63.9M | 0.01% |
1,374,667
+6,908
| +0.5% | +$312K |
|
1279
Acadia Healthcare
ACHC
$2.76B
| $63.9M | 0.01% |
1,610,826
-2,372
| -0.1% | -$107K |
|
1280
Pricesmart
PSMT
$5.98B
| $63.9M | ﹤0.01% |
692,864
+7,994
| +1% | +$729K |
|
1281
Westlake Corp
WLK
$9.03B
| $63.8M | ﹤0.01% |
557,943
+5,297
| +1% | +$689K |
|
1282
TriNet
TNET
$3.02B
| $63.8M | ﹤0.01% |
702,594
-1,190
| -0.2% | -$110K |
|
1283
Organon & Co
OGN
$3.56B
| $63.6M | ﹤0.01% |
4,260,218
+12,110
| +0.3% | +$197K |
|
1284
MDU Resources
MDU
$4.17B
| $63.3M | ﹤0.01% |
3,513,794
-3,199,981
| -48% | -$56.1M |
|
1285
Magna International
MGA
$18.7B
| $63.3M | ﹤0.01% |
1,523,196
+371,437
| +32% | +$15.9M |
|
1286
Outfront Media
OUT
$5.61B
| $63.2M | ﹤0.01% |
3,477,113
-153,568
| -4% | -$2.85M |
|
1287
PBF Energy
PBF
$8.57B
| $63.2M | ﹤0.01% |
2,379,861
-136,212
| -5% | -$4.15M |
|
1288
EPR Properties
EPR
$4.76B
| $63.1M | ﹤0.01% |
1,424,428
-691
| -0% | -$31.7K |
|
1289
Goodyear
GT
$2B
| $63.1M | ﹤0.01% |
7,004,455
-49,374
| -0.7% | -$451K |
|
|
SPR
1290
DELISTED
Spirit AeroSystems
SPR
| $63M | ﹤0.01% |
1,847,904
+75,046
| +4% | +$2.42M |
|
1291
Chesapeake Utilities
CPK
$3.19B
| $62.8M | ﹤0.01% |
517,298
+712
| +0.1% | +$88.2K |
|
1292
Axcelis
ACLS
$4.01B
| $62.7M | ﹤0.01% |
897,750
+23,234
| +3% | +$1.93M |
|
1293
OSI Systems
OSIS
$3.65B
| $62.7M | ﹤0.01% |
374,514
-5,578
| -1% | -$884K |
|
|
HTLF
1294
DELISTED
Heartland Financial USA, Inc.
HTLF
| $62.6M | ﹤0.01% |
1,020,612
-2,758
| -0.3% | -$173K |
|
|
FOLD
1295
DELISTED
Amicus Therapeutics
FOLD
| $62.3M | ﹤0.01% |
6,610,932
+11,061
| +0.2% | +$115K |
|
1296
Neogen
NEOG
$2.63B
| $62.2M | ﹤0.01% |
5,118,414
-29,974
| -0.6% | -$419K |
|
|
NARI
1297
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $61.9M | ﹤0.01% |
1,213,205
-530
| -0% | -$26.1K |
|
1298
LivaNova
LIVN
$4.4B
| $61.9M | ﹤0.01% |
1,337,245
-7,704
| -0.6% | -$395K |
|
1299
Griffon
GFF
$3.95B
| $61.8M | ﹤0.01% |
867,071
-10,769
| -1% | -$781K |
|
1300
Leonardo DRS
DRS
$12.3B
| $61.8M | ﹤0.01% |
1,911,858
-3,518
| -0.2% | -$114K |
|
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.