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 | |
|---|---|---|---|---|---|---|
1726
Constellium
CSTM
$3.99B
| $28.3M | ﹤0.01% |
1,498,960
+65,894
| +5% | +$1.37M |
|
1727
Navient
NAVI
$853M
| $28.2M | ﹤0.01% |
1,936,536
-773
| -0% | -$11.9K |
|
1728
Buckle
BKE
$2.37B
| $28.2M | ﹤0.01% |
762,606
+44,610
| +6% | +$1.67M |
|
1729
MP Materials
MP
$9.1B
| $28.2M | ﹤0.01% |
2,211,834
+81,103
| +4% | +$1.27M |
|
|
REVG
1730
DELISTED
REV Group
REVG
| $28.2M | ﹤0.01% |
1,131,106
+363,102
| +47% | +$8.91M |
|
1731
Ryanair
RYAAY
$31.3B
| $28.1M | ﹤0.01% |
604,123
+35,408
| +6% | +$1.84M |
|
|
AIV
1732
Aimco
AIV
$383M
| $28.1M | ﹤0.01% |
3,391,904
+81,145
| +2% | +$654K |
|
1733
Pan American Silver
PAAS
$21.6B
| $28.1M | ﹤0.01% |
1,425,289
+60,396
| +4% | +$1.19M |
|
1734
AvePoint
AVPT
$2.71B
| $28.1M | ﹤0.01% |
2,696,392
-124,012
| -4% | -$1.08M |
|
|
AAT
1735
American Assets Trust
AAT
$1.4B
| $28M | ﹤0.01% |
1,251,731
+35,099
| +3% | +$755K |
|
|
SCS
1736
DELISTED
Steelcase
SCS
| $28M | ﹤0.01% |
2,157,921
+103,579
| +5% | +$1.32M |
|
1737
Arlo Technologies
ARLO
$1.65B
| $28M | ﹤0.01% |
2,144,052
+152,869
| +8% | +$1.9M |
|
1738
WisdomTree
WT
$3.22B
| $28M | ﹤0.01% |
2,820,911
+139,716
| +5% | +$1.31M |
|
|
BRSL
1739
Brightstar Lottery PLC
BRSL
$2.03B
| $27.9M | ﹤0.01% |
1,364,832
+169,279
| +14% | +$3.46M |
|
1740
SharkNinja
SN
$26.1B
| $27.9M | ﹤0.01% |
+371,042
| New | +$26.1M |
|
|
INFA
1741
DELISTED
Informatica
INFA
| $27.9M | ﹤0.01% |
902,185
+158,674
| +21% | +$5M |
|
1742
Rocket Companies
RKT
$38.9B
| $27.8M | ﹤0.01% |
2,031,240
+172,373
| +9% | +$2.33M |
|
1743
Atlas Energy Solutions
AESI
$1.41B
| $27.8M | ﹤0.01% |
1,394,019
+661,370
| +90% | +$14.8M |
|
|
CSGS
1744
DELISTED
CSG Systems International
CSGS
| $27.8M | ﹤0.01% |
674,091
+14,965
| +2% | +$663K |
|
1745
QuantumScape Corp
QS
$3.74B
| $27.7M | ﹤0.01% |
5,635,215
+291,116
| +5% | +$1.62M |
|
|
KW
1746
DELISTED
Kennedy-Wilson Holdings
KW
| $27.6M | ﹤0.01% |
2,838,603
-6,773
| -0.2% | -$63.4K |
|
1747
Nurix Therapeutics
NRIX
$2.65B
| $27.6M | ﹤0.01% |
1,321,734
+221,399
| +20% | +$3.45M |
|
|
VTLE
1748
DELISTED
Vital Energy
VTLE
| $27.6M | ﹤0.01% |
615,235
+89,202
| +17% | +$4.45M |
|
|
PENG
1749
Penguin Solutions Inc
PENG
$2.99B
| $27.6M | ﹤0.01% |
1,204,668
+30,068
| +3% | +$626K |
|
1750
CRA International
CRAI
$1.06B
| $27.5M | ﹤0.01% |
159,649
+6,454
| +4% | +$1.05M |
|
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.