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 | |
|---|---|---|---|---|---|---|
1401
ASML
ASML
$626B
| $52.5M | ﹤0.01% |
75,811
-4,479
| -6% | -$3.22M |
|
1402
Werner Enterprises
WERN
$2.24B
| $52.4M | ﹤0.01% |
1,458,562
-8,084
| -0.6% | -$310K |
|
1403
Pathward Financial
CASH
$1.86B
| $52.4M | ﹤0.01% |
711,538
+11,654
| +2% | +$888K |
|
1404
Strategic Education
STRA
$1.85B
| $52.3M | ﹤0.01% |
560,081
-1,193
| -0.2% | -$111K |
|
1405
Alkami Technology
ALKT
$1.94B
| $52.3M | ﹤0.01% |
1,426,038
+194,051
| +16% | +$7.25M |
|
1406
Credit Acceptance
CACC
$5.95B
| $52.3M | ﹤0.01% |
111,414
+35
| +0% | +$16.2K |
|
1407
Teradata
TDC
$2.92B
| $52.2M | ﹤0.01% |
1,676,130
-9,187
| -0.5% | -$287K |
|
1408
Coeur Mining
CDE
$15.4B
| $52.1M | ﹤0.01% |
9,100,056
-46,051
| -0.5% | -$298K |
|
|
AMED
1409
DELISTED
Amedisys
AMED
| $52M | ﹤0.01% |
573,020
+5,915
| +1% | +$543K |
|
1410
nCino
NCNO
$2.02B
| $51.8M | ﹤0.01% |
1,541,143
+23,631
| +2% | +$880K |
|
|
PPLI
1411
People Inc
PPLI
$3.09B
| $51.7M | ﹤0.01% |
1,461,680
-22,428
| -2% | -$899K |
|
1412
Allegro MicroSystems
ALGM
$7.73B
| $51.7M | ﹤0.01% |
2,364,582
-196,900
| -8% | -$4.19M |
|
1413
Mercury Systems
MRCY
$5.83B
| $51.7M | ﹤0.01% |
1,230,214
-40,986
| -3% | -$1.56M |
|
|
GTM
1414
ZoomInfo Technologies
GTM
$973M
| $51.5M | ﹤0.01% |
4,903,111
-262,931
| -5% | -$2.81M |
|
1415
Renasant Corp
RNST
$3.98B
| $51.4M | ﹤0.01% |
1,437,756
+9,718
| +0.7% | +$343K |
|
1416
Extreme Networks
EXTR
$3.94B
| $51.4M | ﹤0.01% |
3,068,854
+49,888
| +2% | +$807K |
|
1417
iShares MSCI Taiwan ETF
EWT
$9.86B
| – | – |
0
| – | – |
|
1418
Trustmark
TRMK
$2.76B
| $51.2M | ﹤0.01% |
1,446,063
-15,482
| -1% | -$559K |
|
|
NSA
1419
DELISTED
National Storage Affiliates Trust
NSA
| $51.1M | ﹤0.01% |
1,348,728
+15,468
| +1% | +$663K |
|
1420
IDEAYA Biosciences
IDYA
$3.42B
| $51.1M | ﹤0.01% |
1,988,681
+43,226
| +2% | +$1.22M |
|
1421
ArcBest
ARCB
$3.23B
| $51.1M | ﹤0.01% |
547,172
-4,649
| -0.8% | -$492K |
|
1422
Enerpac Tool Group
EPAC
$1.83B
| $50.9M | ﹤0.01% |
1,237,336
+1,077
| +0.1% | +$49.3K |
|
1423
LeMaitre Vascular
LMAT
$2.32B
| $50.7M | ﹤0.01% |
550,260
+7,737
| +1% | +$744K |
|
1424
Trump Media & Technology Group
DJT
$2.73B
| $50.6M | ﹤0.01% |
1,484,255
+386,227
| +35% | +$12.3M |
|
1425
Wendy's
WEN
$1.4B
| $50.6M | ﹤0.01% |
3,105,186
+7,350
| +0.2% | +$134K |
|
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.