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 |
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 | 8.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
PACCAR
PCAR
$58.3B
| $1.29B | 0.11% |
12,493,549
-1,140,869
| -8% | -$126M |
2013 Q2
44 quarters
|
|
152
Williams Companies
WMB
$87.2B
| $1.28B | 0.11% |
30,202,039
+724,124
| +2% | +$29M |
2013 Q2
44 quarters
|
|
153
Hilton Worldwide
HLT
$77.7B
| $1.27B | 0.11% |
5,851,569
+101,460
| +2% | +$20.8M |
2014 Q1
41 quarters
|
|
154
PNC Financial Services
PNC
$86.7B
| $1.27B | 0.11% |
8,201,286
+182,473
| +2% | +$28.3M |
2013 Q2
44 quarters
|
|
155
Marathon Petroleum
MPC
$134B
| $1.27B | 0.11% |
7,324,085
-100,962
| -1% | -$18.8M |
2013 Q2
44 quarters
|
|
156
PayPal
PYPL
$48.5B
| $1.26B | 0.11% |
21,714,185
-17,068
| -0.1% | -$1.09M |
2015 Q3
35 quarters
|
|
157
Aon
AON
$62.1B
| $1.25B | 0.11% |
4,283,730
+379,460
| +10% | +$112M |
2013 Q2
44 quarters
|
|
158
HCA Healthcare
HCA
$99.3B
| $1.25B | 0.11% |
3,901,845
-2,598
| -0.1% | -$844K |
2013 Q2
44 quarters
|
|
159
Emerson Electric
EMR
$90.1B
| $1.24B | 0.11% |
11,290,090
+135,805
| +1% | +$15M |
2013 Q2
44 quarters
|
|
160
Air Products & Chemicals
APD
$66.7B
| $1.23B | 0.11% |
4,785,541
+145,851
| +3% | +$37M |
2013 Q2
44 quarters
|
|
161
AutoZone
AZO
$50.5B
| $1.23B | 0.11% |
414,351
+11,638
| +3% | +$34.1M |
2013 Q2
44 quarters
|
|
162
Edwards Lifesciences
EW
$49.9B
| $1.22B | 0.11% |
13,236,229
+141,603
| +1% | +$12.5M |
2013 Q2
44 quarters
|
|
163
Autodesk
ADSK
$50.1B
| $1.22B | 0.11% |
4,936,125
+158,999
| +3% | +$35.7M |
2013 Q2
44 quarters
|
|
164
Ecolab
ECL
$81B
| $1.21B | 0.11% |
5,113,759
+134,978
| +3% | +$31.2M |
2013 Q2
44 quarters
|
|
165
Marriott International
MAR
$101B
| $1.21B | 0.11% |
5,030,231
-60,023
| -1% | -$14.4M |
2013 Q2
44 quarters
|
|
166
Phillips 66
PSX
$117B
| $1.19B | 0.1% |
8,479,098
-1,524,874
| -15% | -$226M |
2013 Q2
44 quarters
|
|
167
Realty Income
O
$53.1B
| $1.19B | 0.1% |
22,572,668
+1,423,874
| +7% | +$76M |
2013 Q2
44 quarters
|
|
168
Ross Stores
ROST
$75.7B
| $1.18B | 0.1% |
8,117,570
+91,688
| +1% | +$12.7M |
2013 Q2
44 quarters
|
|
169
Crown Castle
CCI
$35B
| $1.17B | 0.1% |
11,953,161
+1,714,074
| +17% | +$169M |
2013 Q2
44 quarters
|
|
170
3M
MMM
$85B
| $1.15B | 0.1% |
11,287,599
-1,988,331
| -15% | -$194M |
2013 Q2
44 quarters
|
|
171
Public Storage
PSA
$55.7B
| $1.11B | 0.1% |
3,878,765
+91,045
| +2% | +$25.1M |
2013 Q2
44 quarters
|
|
172
Oneok
OKE
$58.8B
| $1.1B | 0.1% |
13,542,445
+284,573
| +2% | +$22.7M |
2013 Q2
44 quarters
|
|
173
Aflac
AFL
$60.1B
| $1.1B | 0.1% |
12,355,806
+3,939
| +0% | +$339K |
2013 Q2
44 quarters
|
|
174
DexCom
DXCM
$32.5B
| $1.1B | 0.1% |
9,723,468
+545,273
| +6% | +$68.9M |
2013 Q2
44 quarters
|
|
175
Ameriprise Financial
AMP
$44.2B
| $1.1B | 0.1% |
2,578,328
+57,339
| +2% | +$24.5M |
2013 Q2
44 quarters
|
|
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 113 new, 3,570 increased, 602 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 113 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.