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 | |
|---|---|---|---|---|---|---|
|
HTLF
1451
DELISTED
Heartland Financial USA, Inc.
HTLF
| $43.4M | ﹤0.01% |
975,890
+54,728
| +6% | +$2.22M |
|
1452
Surgery Partners
SGRY
$2.03B
| $43.3M | ﹤0.01% |
1,821,449
+113,325
| +7% | +$2.91M |
|
|
PRMW
1453
DELISTED
Primo Water Corporation
PRMW
| $43.1M | ﹤0.01% |
1,971,316
+137,229
| +7% | +$2.82M |
|
|
RCM
1454
DELISTED
R1 RCM Inc. Common Stock
RCM
| $43M | ﹤0.01% |
3,425,930
+98,959
| +3% | +$1.23M |
|
1455
United Parks & Resorts
PRKS
$2.12B
| $42.9M | ﹤0.01% |
790,571
+11,948
| +2% | +$625K |
|
1456
NBT Bancorp
NBTB
$2.74B
| $42.8M | ﹤0.01% |
1,107,782
+51,609
| +5% | +$1.87M |
|
1457
LeMaitre Vascular
LMAT
$1.86B
| $42.7M | ﹤0.01% |
519,080
+41,436
| +9% | +$3.04M |
|
1458
InvenTrust Properties
IVT
$2.59B
| $42.7M | ﹤0.01% |
1,724,349
+80,149
| +5% | +$1.98M |
|
1459
Lucid Motors
LCID
$2.77B
| $42.6M | ﹤0.01% |
1,633,232
+143,303
| +10% | +$3.83M |
|
1460
NCR Atleos
NATL
$3.44B
| $42.5M | ﹤0.01% |
1,571,738
+543,705
| +53% | +$13.3M |
|
1461
Tennant Co
TNC
$1.26B
| $42.4M | ﹤0.01% |
431,071
+23,586
| +6% | +$2.54M |
|
1462
Kennametal
KMT
$2.52B
| $42.3M | ﹤0.01% |
1,798,674
+42,868
| +2% | +$1.05M |
|
1463
Descartes Systems
DSGX
$6.82B
| $42.3M | ﹤0.01% |
433,158
+26,416
| +6% | +$2.48M |
|
1464
Tronox
TROX
$1.04B
| $42.2M | ﹤0.01% |
2,691,441
+123,034
| +5% | +$2.24M |
|
1465
Sonos
SONO
$1.85B
| $42.2M | ﹤0.01% |
2,858,354
+62,804
| +2% | +$1.04M |
|
1466
XP
XP
$8.39B
| $42.2M | ﹤0.01% |
2,398,635
+465,103
| +24% | +$9.61M |
|
1467
Huazhu Hotels Group
HTHT
$13B
| $42.2M | ﹤0.01% |
1,274,186
+23,473
| +2% | +$886K |
|
1468
Upstart Holdings
UPST
$3.03B
| $42.2M | ﹤0.01% |
1,787,292
+120,263
| +7% | +$2.9M |
|
1469
The GEO Group
GEO
$4.04B
| $41.9M | ﹤0.01% |
2,918,651
+235,587
| +9% | +$3.33M |
|
1470
NeoGenomics
NEO
$2.13B
| $41.8M | ﹤0.01% |
3,015,670
+104,198
| +4% | +$1.48M |
|
|
CPRX
1471
DELISTED
Catalyst Pharmaceutical
CPRX
| $41.8M | ﹤0.01% |
2,698,613
+190,461
| +8% | +$2.97M |
|
1472
Newell Brands
NWL
$2.56B
| $41.8M | ﹤0.01% |
6,519,824
+323,138
| +5% | +$2.4M |
|
1473
RxSight
RXST
$260M
| $41.8M | ﹤0.01% |
694,342
+118,682
| +21% | +$6.78M |
|
1474
Acushnet Holdings
GOLF
$5.45B
| $41.7M | ﹤0.01% |
656,774
-1,666
| -0.3% | -$106K |
|
1475
Triumph Financial Inc
TFIN
$1.82B
| $41.7M | ﹤0.01% |
509,503
+16,001
| +3% | +$1.19M |
|
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.