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 | |
|---|---|---|---|---|---|---|
1451
Qfin Holdings
QFIN
$1.69B
| $48.8M | ﹤0.01% |
1,276,801
-32,834
| -3% | -$1.14M |
|
1452
Vera Therapeutics
VERA
$2.3B
| $48.8M | ﹤0.01% |
1,153,325
+148,660
| +15% | +$6.58M |
|
|
CON
1453
Concentra Group Holdings
CON
$4.05B
| $48.6M | ﹤0.01% |
2,458,020
+1,960,710
| +394% | +$40.5M |
|
|
OPLN
1454
Openlane
OPLN
$4.21B
| $48.6M | ﹤0.01% |
2,448,762
-26,979
| -1% | -$498K |
|
1455
Warby Parker
WRBY
$3.28B
| $48.4M | ﹤0.01% |
1,997,624
+27,004
| +1% | +$552K |
|
1456
QuidelOrtho
QDEL
$1.14B
| $48.3M | ﹤0.01% |
1,083,461
+162,758
| +18% | +$6.66M |
|
1457
Crane NXT
CXT
$2.99B
| $48.2M | ﹤0.01% |
828,267
-172,529
| -17% | -$9.91M |
|
1458
Transmedics
TMDX
$2.64B
| $48.2M | ﹤0.01% |
772,744
+8,954
| +1% | +$833K |
|
1459
Perdoceo Education
PRDO
$1.99B
| $48.1M | ﹤0.01% |
1,817,982
+14,591
| +0.8% | +$359K |
|
1460
OneSpaWorld
OSW
$2.61B
| $48M | ﹤0.01% |
2,411,614
-2,749
| -0.1% | -$51K |
|
1461
Vipshop
VIPS
$7.37B
| $47.9M | ﹤0.01% |
3,571,808
+315,064
| +10% | +$4.52M |
|
1462
Qiagen
QGEN
$8.54B
| $47.9M | ﹤0.01% |
1,045,318
+18,971
| +2% | +$849K |
|
1463
Penske Automotive Group
PAG
$14.3B
| $47.8M | ﹤0.01% |
313,715
-162
| -0.1% | -$25.7K |
|
1464
ADT
ADT
$5.58B
| $47.5M | ﹤0.01% |
6,876,443
+1,001,303
| +17% | +$7.29M |
|
1465
CONMED
CNMD
$1.39B
| $47.4M | ﹤0.01% |
692,792
-608
| -0.1% | -$42.4K |
|
1466
Diamondrock Hospitality Co
DRH
$2.71B
| $47.3M | ﹤0.01% |
5,239,709
-110,574
| -2% | -$1.01M |
|
1467
RingCentral
RNG
$4.66B
| $47.3M | ﹤0.01% |
1,349,667
+58,814
| +5% | +$2.11M |
|
1468
Vishay Intertechnology
VSH
$5.25B
| $47.2M | ﹤0.01% |
2,785,886
-111,044
| -4% | -$1.95M |
|
1469
Phinia Inc
PHIN
$2.7B
| $47.2M | ﹤0.01% |
978,838
-37,630
| -4% | -$1.86M |
|
1470
Globant
GLOB
$1.58B
| $47.1M | ﹤0.01% |
219,797
-9,058
| -4% | -$1.98M |
|
1471
Magnite
MGNI
$2.76B
| $47.1M | ﹤0.01% |
2,957,578
-10,708
| -0.4% | -$157K |
|
1472
Upwork
UPWK
$1.13B
| $47.1M | ﹤0.01% |
2,879,143
+6,957
| +0.2% | +$100K |
|
1473
AvePoint
AVPT
$2.76B
| $47.1M | ﹤0.01% |
2,850,268
+20,720
| +0.7% | +$315K |
|
1474
Privia Health
PRVA
$2.98B
| $47.1M | ﹤0.01% |
2,406,778
-8,244
| -0.3% | -$163K |
|
1475
Rubrik
RBRK
$14.9B
| $47M | ﹤0.01% |
719,456
+150,810
| +27% | +$7.45M |
|
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.