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 | |
|---|---|---|---|---|---|---|
1576
Plug Power
PLUG
$3.04B
| $36.2M | ﹤0.01% |
15,532,173
+6,279,468
| +68% | +$18M |
|
1577
Enterprise Financial Services Corp
EFSC
$2.39B
| $36.2M | ﹤0.01% |
883,850
+36,286
| +4% | +$1.41M |
|
|
DO
1578
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $36.1M | ﹤0.01% |
2,330,284
+73,817
| +3% | +$1.05M |
|
1579
Viavi Solutions
VIAV
$9.66B
| $36.1M | ﹤0.01% |
5,253,341
+242,602
| +5% | +$1.89M |
|
|
WNS
1580
DELISTED
WNS Holdings
WNS
| $36M | ﹤0.01% |
+686,282
| New | +$34M |
|
1581
Papa John's
PZZA
$806M
| $36M | ﹤0.01% |
765,480
+27,976
| +4% | +$1.53M |
|
1582
John Wiley & Sons Class A
WLY
$2.66B
| $35.9M | ﹤0.01% |
882,004
+22,151
| +3% | +$844K |
|
1583
Recursion Pharmaceuticals
RXRX
$1.73B
| $35.8M | ﹤0.01% |
4,775,908
+1,324,743
| +38% | +$11.6M |
|
1584
Kinetik
KNTK
$7.98B
| $35.8M | ﹤0.01% |
864,243
+82,183
| +11% | +$3.26M |
|
1585
Kura Oncology
KURA
$850M
| $35.8M | ﹤0.01% |
1,738,974
+31,700
| +2% | +$652K |
|
1586
AMC Entertainment Holdings
AMC
$2.31B
| $35.8M | ﹤0.01% |
7,180,425
+3,208,348
| +81% | +$12.9M |
|
1587
Upbound Group
UPBD
$1.16B
| $35.7M | ﹤0.01% |
1,163,453
+27,713
| +2% | +$885K |
|
1588
Array Technologies
ARRY
$855M
| $35.7M | ﹤0.01% |
3,474,522
+117,308
| +3% | +$1.49M |
|
1589
Vera Therapeutics
VERA
$2.36B
| $35.6M | ﹤0.01% |
984,442
+23,133
| +2% | +$918K |
|
1590
Dana Inc
DAN
$3.06B
| $35.6M | ﹤0.01% |
2,934,695
+103,676
| +4% | +$1.35M |
|
1591
Helios Technologies
HLIO
$2.76B
| $35.6M | ﹤0.01% |
744,673
+30,008
| +4% | +$1.44M |
|
1592
Powell Industries
POWL
$7.71B
| $35.5M | ﹤0.01% |
742,071
+44,055
| +6% | +$2.3M |
|
|
ELME
1593
Elme Communities
ELME
$144M
| $35.4M | ﹤0.01% |
2,221,903
+80,995
| +4% | +$1.23M |
|
1594
Rocket Lab Corp
RKLB
$51.8B
| $35.3M | ﹤0.01% |
7,354,812
+1,020,537
| +16% | +$4.25M |
|
1595
Intapp
INTA
$2.91B
| $35.1M | ﹤0.01% |
956,202
+37,744
| +4% | +$1.28M |
|
1596
OneSpaWorld
OSW
$2.66B
| $34.9M | ﹤0.01% |
2,272,785
+365,652
| +19% | +$5.21M |
|
1597
Northwest Bancshares
NWBI
$2.28B
| $34.9M | ﹤0.01% |
3,023,711
+93,417
| +3% | +$1.03M |
|
1598
Maplebear
CART
$11.8B
| $34.9M | ﹤0.01% |
1,085,657
+742,732
| +217% | +$25.6M |
|
1599
The Greenbrier Companies
GBX
$1.46B
| $34.9M | ﹤0.01% |
704,045
+24,093
| +4% | +$1.25M |
|
1600
World Kinect Corp
WKC
$1.86B
| $34.8M | ﹤0.01% |
1,348,047
+26,825
| +2% | +$679K |
|
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.