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 | |
|---|---|---|---|---|---|---|
|
FL
1551
DELISTED
Foot Locker
FL
| $41.3M | ﹤0.01% |
1,898,330
-9,923
| -0.5% | -$232K |
|
|
AMTM
1552
Amentum Holdings
AMTM
$5.42B
| $41.3M | ﹤0.01% |
1,963,248
-1,182,016
| -38% | -$30.6M |
|
1553
Recursion Pharmaceuticals
RXRX
$1.59B
| $41.2M | ﹤0.01% |
6,087,149
+655,238
| +12% | +$4.41M |
|
|
WAY
1554
Waystar Holding Corp
WAY
$4.05B
| $41.1M | ﹤0.01% |
1,120,296
+18,872
| +2% | +$580K |
|
|
VRNT
1555
DELISTED
Verint Systems
VRNT
| $41M | ﹤0.01% |
1,493,752
-6,335
| -0.4% | -$158K |
|
1556
MannKind Corp
MNKD
$1.21B
| $41M | ﹤0.01% |
6,374,274
+35,346
| +0.6% | +$237K |
|
1557
Capri Holdings
CPRI
$1.83B
| $40.9M | ﹤0.01% |
1,939,651
-2,494
| -0.1% | -$67.8K |
|
1558
Pan American Silver
PAAS
$18.2B
| $40.8M | ﹤0.01% |
2,027,461
+494,133
| +32% | +$11.1M |
|
1559
Pilgrim's Pride
PPC
$6.51B
| $40.8M | ﹤0.01% |
897,805
+15,905
| +2% | +$774K |
|
1560
St. Joe Company
JOE
$3.54B
| $40.7M | ﹤0.01% |
906,668
+8,031
| +0.9% | +$416K |
|
1561
Pebblebrook Hotel Trust
PEB
$2.15B
| $40.7M | ﹤0.01% |
3,004,891
-38,582
| -1% | -$510K |
|
1562
Enovis
ENOV
$1.68B
| $40.5M | ﹤0.01% |
923,666
+2,229
| +0.2% | +$97.9K |
|
1563
DigitalBridge
DBRG
$2.93B
| $40.5M | ﹤0.01% |
3,592,573
-574,840
| -14% | -$7.73M |
|
1564
Chefs' Warehouse
CHEF
$4.71B
| $40.3M | ﹤0.01% |
817,527
-8,539
| -1% | -$372K |
|
1565
Liberty Media Series A
FWONA
$22.5B
| $40.3M | ﹤0.01% |
479,280
+7,500
| +2% | +$583K |
|
|
LTC
1566
LTC Properties
LTC
$2.06B
| $40.3M | ﹤0.01% |
1,166,601
+41,581
| +4% | +$1.54M |
|
1567
Northwest Bancshares
NWBI
$2.3B
| $40.2M | ﹤0.01% |
3,050,214
-8,324
| -0.3% | -$115K |
|
1568
Argan
AGX
$8B
| $40.2M | ﹤0.01% |
292,956
+5,710
| +2% | +$784K |
|
1569
John Wiley & Sons Class A
WLY
$2.65B
| $40.1M | ﹤0.01% |
917,596
+35,888
| +4% | +$1.76M |
|
1570
Knowles
KN
$3.13B
| $39.9M | ﹤0.01% |
1,999,725
-18,890
| -0.9% | -$352K |
|
1571
VSE Corp
VSEC
$5.45B
| $39.8M | ﹤0.01% |
418,638
+35,919
| +9% | +$3.79M |
|
1572
PROG Holdings
PRG
$1.75B
| $39.8M | ﹤0.01% |
942,042
-19,911
| -2% | -$919K |
|
1573
Green Brick Partners
GRBK
$3.04B
| $39.7M | ﹤0.01% |
702,847
-7,297
| -1% | -$518K |
|
1574
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $39.7M | ﹤0.01% |
500,440
+175
| +0% | +$13.3K |
|
1575
Perimeter Solutions
PRM
$4.99B
| $39.6M | ﹤0.01% |
3,101,465
-19,016
| -0.6% | -$248K |
|
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.