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 | |
|---|---|---|---|---|---|---|
1676
Sabre
SABR
$731M
| $33.2M | ﹤0.01% |
9,103,796
+22,537
| +0.2% | +$82.6K |
|
1677
Ingevity
NGVT
$2.51B
| $33.2M | ﹤0.01% |
814,550
-1,111
| -0.1% | -$46.3K |
|
1678
CG Oncology
CGON
$6.28B
| $33.2M | ﹤0.01% |
1,156,670
+78,143
| +7% | +$2.67M |
|
1679
Virtus Investment Partners
VRTS
$1.06B
| $33.1M | ﹤0.01% |
150,069
-1,259
| -0.8% | -$287K |
|
1680
Interface
TILE
$1.99B
| $33.1M | ﹤0.01% |
1,358,926
-13,050
| -1% | -$300K |
|
|
VRE
1681
DELISTED
Veris Residential
VRE
| $33M | ﹤0.01% |
1,984,942
-15,976
| -0.8% | -$279K |
|
1682
AMC Entertainment Holdings
AMC
$2.52B
| $32.9M | ﹤0.01% |
8,271,059
+223,877
| +3% | +$983K |
|
|
ALEX
1683
DELISTED
Alexander & Baldwin
ALEX
| $32.9M | ﹤0.01% |
1,852,782
-23,559
| -1% | -$444K |
|
|
AAT
1684
American Assets Trust
AAT
$1.45B
| $32.8M | ﹤0.01% |
1,247,619
-19,603
| -2% | -$535K |
|
1685
AstraZeneca
AZN
$263B
| $32.7M | ﹤0.01% |
249,416
+2,692
| +1% | +$377K |
|
1686
PureCycle Technologies
PCT
$1.28B
| $32.7M | ﹤0.01% |
3,185,348
+60,903
| +2% | +$707K |
|
1687
Clearway Energy Class C
CWEN
$4.94B
| $32.6M | ﹤0.01% |
1,253,615
-2,777
| -0.2% | -$76.8K |
|
1688
QCR Holdings
QCRH
$1.69B
| $32.5M | ﹤0.01% |
402,487
+1,294
| +0.3% | +$109K |
|
1689
Seadrill
SDRL
$2.8B
| $32.4M | ﹤0.01% |
833,388
+7,041
| +0.9% | +$273K |
|
|
JBGS
1690
JBG SMITH
JBGS
$818M
| $32.3M | ﹤0.01% |
2,101,738
-60,104
| -3% | -$1.01M |
|
|
TGI
1691
DELISTED
Triumph Group
TGI
| $32.2M | ﹤0.01% |
1,723,450
-9,341
| -0.5% | -$155K |
|
1692
Travere Therapeutics
TVTX
$5.2B
| $32.1M | ﹤0.01% |
1,842,301
+111,256
| +6% | +$1.97M |
|
1693
Appian
APPN
$1.98B
| $32.1M | ﹤0.01% |
972,203
+14,710
| +2% | +$526K |
|
1694
Atlas Energy Solutions
AESI
$1.35B
| $32.1M | ﹤0.01% |
1,445,503
-2,837
| -0.2% | -$61.1K |
|
1695
Astrana Health
ASTH
$1.76B
| $32.1M | ﹤0.01% |
1,016,775
-1,243
| -0.1% | -$59K |
|
1696
Helen of Troy
HELE
$644M
| $32M | ﹤0.01% |
534,565
-1,318
| -0.2% | -$87.6K |
|
1697
Grid Dynamics Holdings
GDYN
$559M
| $31.9M | ﹤0.01% |
1,433,773
+52,344
| +4% | +$914K |
|
1698
Nicolet Bankshares
NIC
$3.6B
| $31.9M | ﹤0.01% |
303,748
+357
| +0.1% | +$37.7K |
|
1699
Viridian Therapeutics
VRDN
$2.09B
| $31.8M | ﹤0.01% |
1,658,980
+165,669
| +11% | +$3.6M |
|
1700
Andersons Inc
ANDE
$2.41B
| $31.7M | ﹤0.01% |
782,716
-2,423
| -0.3% | -$112K |
|
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.