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 | |
|---|---|---|---|---|---|---|
1576
Wolverine World Wide
WWW
$1.61B
| $39.6M | ﹤0.01% |
1,785,336
-6,453
| -0.4% | -$130K |
|
1577
Westamerica Bancorp
WABC
$1.38B
| $39.5M | ﹤0.01% |
753,088
+17,649
| +2% | +$944K |
|
1578
RLJ Lodging Trust
RLJ
$1.86B
| $39.4M | ﹤0.01% |
3,863,019
-67,158
| -2% | -$652K |
|
1579
Brookfield Renewable
BEPC
$6.08B
| $39.4M | ﹤0.01% |
1,429,290
+179,424
| +14% | +$5.52M |
|
1580
SharkNinja
SN
$22.9B
| $39.4M | ﹤0.01% |
404,874
+37,466
| +10% | +$3.82M |
|
1581
CRISPR Therapeutics
CRSP
$4.73B
| $39.4M | ﹤0.01% |
1,000,868
-7,346
| -0.7% | -$347K |
|
1582
BCE
BCE
$20.2B
| $39.4M | ﹤0.01% |
1,548,165
+825,098
| +114% | +$23.7M |
|
1583
Surgery Partners
SGRY
$2.01B
| $39.3M | ﹤0.01% |
1,853,816
-10,530
| -0.6% | -$276K |
|
1584
Greif
GEF
$4.92B
| $39.2M | ﹤0.01% |
641,615
-7,328
| -1% | -$478K |
|
1585
First Commonwealth Financial
FCF
$2.18B
| $39.2M | ﹤0.01% |
2,315,871
-25,159
| -1% | -$445K |
|
1586
GlobalFoundries
GFS
$27.4B
| $39.2M | ﹤0.01% |
912,986
+16,921
| +2% | +$709K |
|
|
JWN
1587
DELISTED
Nordstrom
JWN
| $39.2M | ﹤0.01% |
1,621,510
-4,106
| -0.3% | -$94.8K |
|
1588
Azenta
AZTA
$1.3B
| $39.1M | ﹤0.01% |
782,745
-105,992
| -12% | -$4.83M |
|
|
INFA
1589
DELISTED
Informatica
INFA
| $39.1M | ﹤0.01% |
1,508,989
+295,801
| +24% | +$7.75M |
|
|
GTY
1590
Getty Realty Corp
GTY
$2.11B
| $39.1M | ﹤0.01% |
1,297,268
+17,618
| +1% | +$559K |
|
1591
Mirum Pharmaceuticals
MIRM
$6.46B
| $39M | ﹤0.01% |
943,344
+7,147
| +0.8% | +$298K |
|
|
XHR
1592
Xenia Hotels & Resorts
XHR
$1.9B
| $39M | ﹤0.01% |
2,623,683
-25,485
| -1% | -$386K |
|
1593
United Parks & Resorts
PRKS
$2.1B
| $38.8M | ﹤0.01% |
690,904
-49,526
| -7% | -$2.71M |
|
1594
Celldex Therapeutics
CLDX
$2.99B
| $38.8M | ﹤0.01% |
1,534,916
-5,597
| -0.4% | -$152K |
|
1595
Nelnet
NNI
$4.88B
| $38.6M | ﹤0.01% |
361,553
+1,060
| +0.3% | +$117K |
|
1596
Atlanta Braves Holdings Series B
BATRK
$3.26B
| $38.3M | ﹤0.01% |
1,001,610
-4,196
| -0.4% | -$167K |
|
1597
PagerDuty
PD
$816M
| $38.3M | ﹤0.01% |
2,097,754
-53,560
| -2% | -$1.03M |
|
1598
O-I Glass
OI
$1.1B
| $38.3M | ﹤0.01% |
3,531,449
-36,994
| -1% | -$450K |
|
1599
Janux Therapeutics
JANX
$925M
| $38.3M | ﹤0.01% |
714,956
+52,362
| +8% | +$2.77M |
|
|
DVAX
1600
DELISTED
Dynavax Technologies
DVAX
| $38.2M | ﹤0.01% |
2,994,350
-5,585
| -0.2% | -$67.6K |
|
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.