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 | |
|---|---|---|---|---|---|---|
|
HTO
1626
H2O America
HTO
$2.57B
| $36.7M | ﹤0.01% |
745,624
+22,890
| +3% | +$1.26M |
|
|
HEES
1627
DELISTED
H&E Equipment Services
HEES
| $36.7M | ﹤0.01% |
748,811
-6,206
| -0.8% | -$338K |
|
1628
CTS Corp
CTS
$1.83B
| $36.6M | ﹤0.01% |
693,076
-113,104
| -14% | -$5.92M |
|
1629
Klaviyo
KVYO
$5.34B
| $36.4M | ﹤0.01% |
882,460
+96,274
| +12% | +$3.68M |
|
1630
Clarivate
CLVT
$1.27B
| $36.4M | ﹤0.01% |
7,162,427
-80,909
| -1% | -$466K |
|
1631
Brady Corp
BRC
$4.44B
| $36.4M | ﹤0.01% |
492,362
-165,731
| -25% | -$12.3M |
|
1632
Sprout Social
SPT
$516M
| $36.4M | ﹤0.01% |
1,183,916
+8,378
| +0.7% | +$252K |
|
1633
BioCryst Pharmaceuticals
BCRX
$2.28B
| $36.3M | ﹤0.01% |
4,823,735
-14,250
| -0.3% | -$108K |
|
1634
Applied Optoelectronics
AAOI
$7.57B
| $36.1M | ﹤0.01% |
979,769
+70,210
| +8% | +$1.89M |
|
1635
Applied Digital
APLD
$7.89B
| $36.1M | ﹤0.01% |
4,726,495
+1,665,335
| +54% | +$13.8M |
|
1636
Kosmos Energy
KOS
$1.6B
| $36M | ﹤0.01% |
10,526,253
-54,726
| -0.5% | -$208K |
|
1637
Northwest Natural Holdings
NWN
$2.06B
| $36M | ﹤0.01% |
908,715
+24,510
| +3% | +$1,000K |
|
1638
SiriusPoint
SPNT
$2.75B
| $36M | ﹤0.01% |
2,193,032
-91,694
| -4% | -$1.32M |
|
1639
Napco Security Technologies
NSSC
$1.32B
| $35.9M | ﹤0.01% |
1,010,696
+51,661
| +5% | +$1.98M |
|
1640
Teladoc Health
TDOC
$1.22B
| $35.9M | ﹤0.01% |
3,947,831
+22,664
| +0.6% | +$219K |
|
1641
Veeco
VECO
$3.05B
| $35.9M | ﹤0.01% |
1,338,697
+1,376
| +0.1% | +$39.9K |
|
|
SASR
1642
DELISTED
Sandy Spring Bancorp Inc
SASR
| $35.9M | ﹤0.01% |
1,063,738
-8,881
| -0.8% | -$310K |
|
1643
MaxLinear
MXL
$6.06B
| $35.8M | ﹤0.01% |
1,809,292
+3,570
| +0.2% | +$57.3K |
|
1644
Integra LifeSciences
IART
$1.29B
| $35.8M | ﹤0.01% |
1,576,658
-247,336
| -14% | -$5.4M |
|
1645
Upbound Group
UPBD
$1.13B
| $35.6M | ﹤0.01% |
1,219,661
+1,781
| +0.1% | +$55.3K |
|
1646
Tennant Co
TNC
$1.43B
| $35.5M | ﹤0.01% |
435,422
-1,511
| -0.3% | -$133K |
|
|
STR
1647
DELISTED
Sitio Royalties
STR
| $35.4M | ﹤0.01% |
1,847,509
-33,673
| -2% | -$752K |
|
1648
Harmonic Inc
HLIT
$1.25B
| $35.3M | ﹤0.01% |
2,668,257
-7,011
| -0.3% | -$91.4K |
|
1649
Empire State Realty Trust
ESRT
$872M
| $35.3M | ﹤0.01% |
3,419,970
+13,045
| +0.4% | +$141K |
|
1650
NuScale Power
SMR
$2.91B
| $35.2M | ﹤0.01% |
1,965,456
+135,613
| +7% | +$2.8M |
|
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.