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 | |
|---|---|---|---|---|---|---|
1601
Hawaiian Electric Industries
HE
$2.23B
| $38.2M | ﹤0.01% |
3,925,882
+132,740
| +3% | +$1.34M |
|
1602
Comstock Resources
CRK
$3.89B
| $38.2M | ﹤0.01% |
2,093,942
-21,465
| -1% | -$297K |
|
1603
Sotera Health
SHC
$5.09B
| $38M | ﹤0.01% |
2,780,445
+25,054
| +0.9% | +$363K |
|
1604
Benchmark Electronics
BHE
$2.87B
| $38M | ﹤0.01% |
836,662
-4,940
| -0.6% | -$229K |
|
1605
Concentrix
CNXC
$1.5B
| $37.9M | ﹤0.01% |
875,464
-2,628
| -0.3% | -$117K |
|
1606
Scorpio Tankers
STNG
$3.9B
| $37.9M | ﹤0.01% |
762,136
-5,993
| -0.8% | -$342K |
|
1607
Trupanion
TRUP
$1.07B
| $37.8M | ﹤0.01% |
783,655
-2,393
| -0.3% | -$123K |
|
1608
Apogee Enterprises
APOG
$826M
| $37.8M | ﹤0.01% |
528,772
-1,454
| -0.3% | -$114K |
|
1609
Asana
ASAN
$1.92B
| $37.7M | ﹤0.01% |
1,859,556
-4,147
| -0.2% | -$65.6K |
|
1610
MillerKnoll
MLKN
$1.53B
| $37.6M | ﹤0.01% |
1,666,070
-15,213
| -0.9% | -$368K |
|
|
THS
1611
DELISTED
Treehouse Foods
THS
| $37.6M | ﹤0.01% |
1,070,233
-18,097
| -2% | -$660K |
|
1612
Xencor
XNCR
$1.5B
| $37.6M | ﹤0.01% |
1,634,876
+179,526
| +12% | +$4.13M |
|
1613
Immunovant
IMVT
$7.93B
| $37.5M | ﹤0.01% |
1,515,020
+4,094
| +0.3% | +$116K |
|
1614
Horace Mann Educators
HMN
$2.1B
| $37.5M | ﹤0.01% |
955,906
+1,826
| +0.2% | +$71.3K |
|
|
UCTT
1615
Ultra Clean Holdings
UCTT
$3.73B
| $37.4M | ﹤0.01% |
1,041,227
-6,492
| -0.6% | -$240K |
|
1616
Edgewell Personal Care
EPC
$1.25B
| $37.4M | ﹤0.01% |
1,111,388
-18,772
| -2% | -$663K |
|
1617
Global Net Lease
GNL
$1.84B
| $37.2M | ﹤0.01% |
5,095,295
+1,636
| +0% | +$12.6K |
|
1618
World Kinect Corp
WKC
$2.04B
| $37.1M | ﹤0.01% |
1,346,884
-23,240
| -2% | -$667K |
|
1619
United Natural Foods
UNFI
$3.08B
| $37.1M | ﹤0.01% |
1,356,354
-1,986
| -0.1% | -$45.8K |
|
1620
Donnelley Financial Solutions
DFIN
$1.16B
| $37M | ﹤0.01% |
590,225
-3,014
| -0.5% | -$188K |
|
1621
Gildan
GIL
$10.3B
| $37M | ﹤0.01% |
791,223
+153,816
| +24% | +$7.41M |
|
1622
Spectrum Brands
SPB
$2.04B
| $37M | ﹤0.01% |
437,563
-3,051
| -0.7% | -$276K |
|
1623
Apogee Therapeutics
APGE
$10.1B
| $37M | ﹤0.01% |
816,113
-7,726
| -0.9% | -$394K |
|
1624
National Bank Holdings
NBHC
$1.92B
| $36.9M | ﹤0.01% |
856,967
-4,516
| -0.5% | -$205K |
|
1625
Adeia
ADEA
$2.94B
| $36.7M | ﹤0.01% |
2,626,956
+10,883
| +0.4% | +$138K |
|
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.