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 | |
|---|---|---|---|---|---|---|
1376
Golar LNG
GLNG
$5B
| $55M | ﹤0.01% |
1,299,284
-5,758
| -0.4% | -$224K |
|
1377
NCR Atleos
NATL
$3.47B
| $55M | ﹤0.01% |
1,619,752
-30
| -0% | -$909 |
|
|
CURB
1378
Curbline Properties
CURB
$3.52B
| $54.9M | ﹤0.01% |
+2,363,563
| New | +$55.6M |
|
1379
Yeti Holdings
YETI
$3.71B
| $54.9M | ﹤0.01% |
1,424,570
-2,621
| -0.2% | -$104K |
|
1380
Banner Corp
BANR
$2.39B
| $54.8M | ﹤0.01% |
820,174
-3,589
| -0.4% | -$245K |
|
1381
Park Hotels & Resorts
PK
$3.03B
| $54.7M | ﹤0.01% |
3,883,583
-52,544
| -1% | -$771K |
|
1382
Supernus Pharmaceuticals
SUPN
$2.59B
| $54.6M | ﹤0.01% |
1,510,568
+28,517
| +2% | +$1M |
|
1383
Liberty Live Group Series C
LLYVK
$9.07B
| $54.2M | ﹤0.01% |
796,269
-3,776
| -0.5% | -$240K |
|
1384
Amkor Technology
AMKR
$12.4B
| $54.2M | ﹤0.01% |
2,109,507
+15,211
| +0.7% | +$418K |
|
1385
Gulfport Energy Corp
GPOR
$2.9B
| $54M | ﹤0.01% |
293,041
-841
| -0.3% | -$135K |
|
1386
Red Rock Resorts
RRR
$3.77B
| $53.9M | ﹤0.01% |
1,166,127
-5,140
| -0.4% | -$261K |
|
1387
Energizer
ENR
$1.44B
| $53.6M | ﹤0.01% |
1,535,404
-3,823
| -0.2% | -$132K |
|
1388
FIVE9
FIVN
$2.11B
| $53.6M | ﹤0.01% |
1,317,450
+105,265
| +9% | +$3.8M |
|
1389
Viavi Solutions
VIAV
$9.12B
| $53.4M | ﹤0.01% |
5,281,751
-26,223
| -0.5% | -$259K |
|
|
ECG
1390
Everus Construction Group
ECG
$6.4B
| $53.3M | ﹤0.01% |
+810,771
| New | +$51M |
|
1391
Protagonist Therapeutics
PTGX
$8.79B
| $53.2M | ﹤0.01% |
1,377,063
+2,366
| +0.2% | +$103K |
|
1392
Addus HomeCare
ADUS
$2.16B
| $53.1M | ﹤0.01% |
423,778
-156
| -0% | -$19.7K |
|
1393
XP
XP
$8.81B
| $53.1M | ﹤0.01% |
4,493,463
+95,496
| +2% | +$1.5M |
|
1394
NBT Bancorp
NBTB
$2.74B
| $53M | ﹤0.01% |
1,109,383
-9,027
| -0.8% | -$430K |
|
1395
Cheesecake Factory
CAKE
$5.04B
| $52.9M | ﹤0.01% |
1,115,130
-3,419
| -0.3% | -$157K |
|
1396
ICF International
ICFI
$1.46B
| $52.8M | ﹤0.01% |
442,995
+2,010
| +0.5% | +$301K |
|
1397
Global E Online
GLBE
$6.6B
| $52.8M | ﹤0.01% |
972,025
+38,549
| +4% | +$1.75M |
|
1398
Acadia Pharmaceuticals
ACAD
$4.43B
| $52.8M | ﹤0.01% |
2,877,109
+1,569
| +0.1% | +$25.3K |
|
1399
Federated Hermes
FHI
$4.55B
| $52.7M | ﹤0.01% |
1,282,252
+32,070
| +3% | +$1.3M |
|
|
IBTX
1400
DELISTED
Independent Bank Group, Inc.
IBTX
| $52.7M | ﹤0.01% |
872,194
-6,882
| -0.8% | -$426K |
|
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.