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 | |
|---|---|---|---|---|---|---|
1751
Dillards
DDS
$9.56B
| $27.5M | ﹤0.01% |
62,356
-19,473
| -24% | -$8.42M |
|
1752
Sotera Health
SHC
$5.38B
| $27.4M | ﹤0.01% |
2,308,205
+35,582
| +2% | +$406K |
|
|
PMT
1753
PennyMac Mortgage Investment
PMT
$842M
| $27.4M | ﹤0.01% |
1,990,443
+77,420
| +4% | +$1.09M |
|
1754
Peloton Interactive
PTON
$2.49B
| $27.3M | ﹤0.01% |
8,085,758
+2,413,071
| +43% | +$8.64M |
|
1755
Xencor
XNCR
$1.55B
| $27.2M | ﹤0.01% |
1,437,692
+87,906
| +7% | +$1.89M |
|
1756
Diebold Nixdorf
DBD
$2.56B
| $27.2M | ﹤0.01% |
706,372
+336,202
| +91% | +$12.8M |
|
|
HUT
1757
Hut 8
HUT
$10.9B
| $27.2M | ﹤0.01% |
1,812,180
+1,355,689
| +297% | +$13M |
|
1758
Universal Corp
UVV
$1.27B
| $27.1M | ﹤0.01% |
562,778
+21,147
| +4% | +$1.05M |
|
|
MTTR
1759
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $27.1M | ﹤0.01% |
6,062,521
+142,710
| +2% | +$541K |
|
|
SLCA
1760
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $27M | ﹤0.01% |
1,744,696
+85,131
| +5% | +$1.25M |
|
|
VBTX
1761
DELISTED
Veritex Holdings
VBTX
| $26.9M | ﹤0.01% |
1,275,781
+40,715
| +3% | +$823K |
|
1762
New Fortress Energy
NFE
$101M
| $26.9M | ﹤0.01% |
1,223,035
+20,565
| +2% | +$531K |
|
1763
Astera Labs
ALAB
$58B
| $26.7M | ﹤0.01% |
441,259
+315,457
| +251% | +$21.9M |
|
|
JAMF
1764
DELISTED
Jamf
JAMF
| $26.7M | ﹤0.01% |
1,617,026
+211,244
| +15% | +$3.7M |
|
1765
Live Oak Bancshares
LOB
$1.97B
| $26.6M | ﹤0.01% |
759,900
+30,037
| +4% | +$1.06M |
|
1766
ACM Research
ACMR
$5.79B
| $26.6M | ﹤0.01% |
1,154,121
+76,049
| +7% | +$1.92M |
|
1767
PDF Solutions
PDFS
$2.07B
| $26.6M | ﹤0.01% |
731,081
+39,989
| +6% | +$1.34M |
|
1768
Liberty Media Series A
FWONA
$23.6B
| $26.6M | ﹤0.01% |
413,422
+11,784
| +3% | +$750K |
|
|
NWLI
1769
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $26.6M | ﹤0.01% |
53,451
+2,142
| +4% | +$1.05M |
|
1770
Scansource
SCSC
$1.12B
| $26.5M | ﹤0.01% |
597,930
+38,683
| +7% | +$1.73M |
|
1771
PagSeguro Digital
PAGS
$2.55B
| $26.5M | ﹤0.01% |
2,266,706
+23,301
| +1% | +$286K |
|
1772
Safety Insurance
SAFT
$1.52B
| $26.5M | ﹤0.01% |
352,955
+18,636
| +6% | +$1.46M |
|
1773
SiriusPoint
SPNT
$2.68B
| $26.5M | ﹤0.01% |
2,168,858
+409,368
| +23% | +$5.11M |
|
1774
Ingles Markets
IMKTA
$1.67B
| $26.4M | ﹤0.01% |
384,926
+23,402
| +6% | +$1.69M |
|
1775
Certara
CERT
$1.25B
| $26.4M | ﹤0.01% |
1,905,327
+36,293
| +2% | +$596K |
|
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.