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 | |
|---|---|---|---|---|---|---|
|
ZUO
1701
DELISTED
Zuora, Inc.
ZUO
| $30M | ﹤0.01% |
3,017,568
+113,145
| +4% | +$1.09M |
|
|
NVEE
1702
DELISTED
NV5 Global
NVEE
| $29.9M | ﹤0.01% |
1,288,028
+79,892
| +7% | +$1.86M |
|
1703
Omnicell
OMCL
$1.68B
| $29.8M | ﹤0.01% |
1,101,868
+67,193
| +6% | +$1.95M |
|
|
LADR
1704
Ladder Capital
LADR
$1.24B
| $29.8M | ﹤0.01% |
2,641,521
+85,527
| +3% | +$938K |
|
|
AMWD
1705
DELISTED
American Woodmark
AMWD
| $29.7M | ﹤0.01% |
378,058
+12,311
| +3% | +$1.11M |
|
|
VRE
1706
DELISTED
Veris Residential
VRE
| $29.7M | ﹤0.01% |
1,979,785
+83,435
| +4% | +$1.25M |
|
1707
IonQ
IONQ
$16.6B
| $29.7M | ﹤0.01% |
4,220,792
+553,471
| +15% | +$4.53M |
|
1708
Central Garden & Pet Co Class A
CENTA
$2.44B
| $29.7M | ﹤0.01% |
898,004
+35,790
| +4% | +$1.29M |
|
|
PWSC
1709
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $29.7M | ﹤0.01% |
1,324,015
+91,377
| +7% | +$1.84M |
|
1710
Ichor Holdings
ICHR
$2.56B
| $29.6M | ﹤0.01% |
768,254
+115,633
| +18% | +$4.4M |
|
1711
Appian
APPN
$2.48B
| $29.4M | ﹤0.01% |
951,721
+13,182
| +1% | +$432K |
|
1712
Warby Parker
WRBY
$3.27B
| $29.3M | ﹤0.01% |
1,825,997
+79,472
| +5% | +$1.18M |
|
1713
Brookdale Senior Living
BKD
$3.4B
| $29.2M | ﹤0.01% |
4,276,136
+191,835
| +5% | +$1.3M |
|
1714
Reynolds Consumer Products
REYN
$5.59B
| $29.2M | ﹤0.01% |
1,043,631
+17,604
| +2% | +$502K |
|
1715
Apogee Therapeutics
APGE
$10.2B
| $29.2M | ﹤0.01% |
740,861
-20,163
| -3% | -$979K |
|
|
INFN
1716
DELISTED
Infinera Corporation Common Stock
INFN
| $29.1M | ﹤0.01% |
4,781,561
+316,580
| +7% | +$1.67M |
|
1717
BioCryst Pharmaceuticals
BCRX
$2.4B
| $29.1M | ﹤0.01% |
4,710,277
+310,006
| +7% | +$1.71M |
|
1718
IES Holdings
IESC
$15.2B
| $29.1M | ﹤0.01% |
208,523
+20,312
| +11% | +$2.86M |
|
1719
Opendoor
OPEN
$3.38B
| $28.7M | ﹤0.01% |
16,137,694
+1,494,421
| +10% | +$3.22M |
|
1720
Kforce
KFRC
$1.06B
| $28.7M | ﹤0.01% |
462,093
+2,102
| +0.5% | +$133K |
|
1721
Cars.com
CARS
$660M
| $28.7M | ﹤0.01% |
1,456,291
+66,851
| +5% | +$1.22M |
|
|
PRO
1722
DELISTED
PROS Holdings
PRO
| $28.6M | ﹤0.01% |
996,445
+49,200
| +5% | +$1.56M |
|
1723
Orion
OEC
$409M
| $28.4M | ﹤0.01% |
1,295,780
+68,880
| +6% | +$1.66M |
|
1724
Adeia
ADEA
$3.11B
| $28.4M | ﹤0.01% |
2,537,938
+126,238
| +5% | +$1.38M |
|
1725
TeraWulf
WULF
$8.52B
| $28.3M | ﹤0.01% |
6,362,769
+1,741,918
| +38% | +$4.7M |
|
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.