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 | |
|---|---|---|---|---|---|---|
1326
Ziff Davis
ZD
$1.96B
| $59M | ﹤0.01% |
1,084,750
-190,012
| -15% | -$9.97M |
|
1327
Goosehead Insurance
GSHD
$2.2B
| $58.9M | ﹤0.01% |
549,542
-93,972
| -15% | -$10.3M |
|
1328
Rapid7
RPD
$645M
| $58.9M | ﹤0.01% |
1,464,224
+2,217
| +0.2% | +$89.9K |
|
1329
Choice Hotels
CHH
$5.07B
| $58.9M | ﹤0.01% |
414,521
-4,553
| -1% | -$644K |
|
1330
Rigetti Computing
RGTI
$4.97B
| $58.8M | ﹤0.01% |
3,850,220
+228,391
| +6% | +$852K |
|
|
APLS
1331
DELISTED
Apellis Pharmaceuticals
APLS
| $58.7M | ﹤0.01% |
1,838,952
+28,426
| +2% | +$855K |
|
1332
Ashland
ASH
$3.33B
| $58.6M | ﹤0.01% |
820,456
-7,186
| -0.9% | -$575K |
|
1333
Kulicke & Soffa
KLIC
$4.67B
| $58.4M | ﹤0.01% |
1,252,148
-20,023
| -2% | -$939K |
|
1334
InvenTrust Properties
IVT
$2.76B
| $58.4M | ﹤0.01% |
1,936,730
+120,014
| +7% | +$3.61M |
|
|
ARCH
1335
DELISTED
Arch Resources, Inc.
ARCH
| $58.4M | ﹤0.01% |
413,101
-710
| -0.2% | -$108K |
|
1336
Flywire
FLYW
$1.98B
| $58.3M | ﹤0.01% |
2,828,430
+28,944
| +1% | +$566K |
|
1337
LCI Industries
LCII
$2.49B
| $58.3M | ﹤0.01% |
563,804
-957
| -0.2% | -$110K |
|
1338
Iridium Communications
IRDM
$5.02B
| $58.3M | ﹤0.01% |
2,006,721
-79,157
| -4% | -$2.35M |
|
1339
Highwoods Properties
HIW
$3.65B
| $58.2M | ﹤0.01% |
1,903,720
+1,684
| +0.1% | +$54.8K |
|
1340
Southern Copper
SCCO
$143B
| $58.2M | ﹤0.01% |
677,409
+26,047
| +4% | +$2.6M |
|
|
PDCO
1341
DELISTED
Patterson Companies, Inc.
PDCO
| $58M | ﹤0.01% |
1,878,905
-9,113
| -0.5% | -$212K |
|
1342
JetBlue
JBLU
$2.28B
| $58M | ﹤0.01% |
7,373,902
-66,688
| -0.9% | -$452K |
|
1343
Enova International
ENVA
$6.33B
| $57.6M | ﹤0.01% |
601,121
-3,914
| -0.6% | -$373K |
|
1344
Travel + Leisure Co
TNL
$4.66B
| $57.6M | ﹤0.01% |
1,141,320
-20,470
| -2% | -$1.04M |
|
1345
Towne Bank
TOWN
$3.46B
| $57.4M | ﹤0.01% |
1,685,474
-169
| -0% | -$5.88K |
|
1346
Laureate Education
LAUR
$5.28B
| $57.1M | ﹤0.01% |
3,123,231
-62,116
| -2% | -$1.09M |
|
1347
Summit Therapeutics
SMMT
$10.4B
| $57.1M | ﹤0.01% |
3,200,847
+101,039
| +3% | +$1.96M |
|
1348
Interparfums
IPAR
$3.99B
| $57.1M | ﹤0.01% |
434,231
-1,906
| -0.4% | -$245K |
|
1349
PAR Technology
PAR
$699M
| $57M | ﹤0.01% |
784,066
-34,969
| -4% | -$2.39M |
|
|
PPBI
1350
DELISTED
Pacific Premier Bancorp
PPBI
| $57M | ﹤0.01% |
2,286,061
-17,161
| -0.7% | -$455K |
|
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.