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 | |
|---|---|---|---|---|---|---|
1726
QuantumScape Corp
QS
$3.21B
| $30.5M | ﹤0.01% |
5,882,031
+28,073
| +0.5% | +$147K |
|
1727
MP Materials
MP
$7.36B
| $30.5M | ﹤0.01% |
1,953,558
-37,037
| -2% | -$687K |
|
1728
US Physical Therapy
USPH
$1.2B
| $30.4M | ﹤0.01% |
343,032
-41
| -0% | -$3.65K |
|
1729
First Busey Corp
BUSE
$2.57B
| $30.3M | ﹤0.01% |
1,286,983
-8,821
| -0.7% | -$226K |
|
1730
Helix Energy Solutions
HLX
$1.4B
| $30.3M | ﹤0.01% |
3,251,778
-35,139
| -1% | -$354K |
|
1731
CRA International
CRAI
$1.16B
| $30.2M | ﹤0.01% |
161,384
+176
| +0.1% | +$33.5K |
|
1732
Amneal Pharmaceuticals
AMRX
$5.85B
| $30.2M | ﹤0.01% |
3,813,207
+26,536
| +0.7% | +$223K |
|
1733
WisdomTree
WT
$2.96B
| $30.2M | ﹤0.01% |
2,872,974
-41,077
| -1% | -$445K |
|
1734
Hilltop Holdings
HTH
$2.26B
| $30.2M | ﹤0.01% |
1,053,120
-3,619
| -0.3% | -$113K |
|
|
AIV
1735
Aimco
AIV
$387M
| $30.1M | ﹤0.01% |
3,310,483
-73,373
| -2% | -$634K |
|
1736
Fox Factory Holding Corp
FOXF
$755M
| $30.1M | ﹤0.01% |
993,626
-8,483
| -0.8% | -$292K |
|
1737
Weis Markets
WMK
$1.91B
| $30M | ﹤0.01% |
442,810
+7,846
| +2% | +$540K |
|
1738
Disc Medicine
IRON
$2.96B
| $30M | ﹤0.01% |
472,706
-2,013
| -0.4% | -$116K |
|
1739
QuinStreet
QNST
$890M
| $29.9M | ﹤0.01% |
1,297,160
+26,394
| +2% | +$556K |
|
1740
Talos Energy
TALO
$2.53B
| $29.9M | ﹤0.01% |
3,078,160
-90,534
| -3% | -$953K |
|
1741
Nurix Therapeutics
NRIX
$2.41B
| $29.9M | ﹤0.01% |
1,585,127
+137,087
| +9% | +$3.14M |
|
1742
Employers Holdings
EIG
$908M
| $29.7M | ﹤0.01% |
578,755
-649
| -0.1% | -$33K |
|
1743
Cohu
COHU
$2.26B
| $29.6M | ﹤0.01% |
1,107,664
-6,730
| -0.6% | -$176K |
|
1744
Blue Bird Corp
BLBD
$2.35B
| $29.6M | ﹤0.01% |
765,490
+13,262
| +2% | +$554K |
|
1745
Novavax
NVAX
$1.2B
| $29.4M | ﹤0.01% |
3,657,695
+155,206
| +4% | +$1.5M |
|
1746
GeneDx Holdings
WGS
$1.93B
| $29.4M | ﹤0.01% |
382,350
+4,719
| +1% | +$330K |
|
1747
Myriad Genetics
MYGN
$270M
| $29.4M | ﹤0.01% |
2,142,869
-11,166
| -0.5% | -$206K |
|
|
LADR
1748
Ladder Capital
LADR
$1.21B
| $29.2M | ﹤0.01% |
2,611,545
-38,154
| -1% | -$438K |
|
|
DEA
1749
Easterly Government Properties
DEA
$1.13B
| $29.2M | ﹤0.01% |
1,029,020
+7,944
| +0.8% | +$252K |
|
|
AMWD
1750
DELISTED
American Woodmark
AMWD
| $29.2M | ﹤0.01% |
367,398
-4,350
| -1% | -$398K |
|
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.