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 | |
|---|---|---|---|---|---|---|
1751
Central Garden & Pet Co Class A
CENTA
$2.37B
| $29.2M | ﹤0.01% |
883,449
-8,865
| -1% | -$282K |
|
|
PDM
1752
Piedmont Realty Trust
PDM
$1.21B
| $29.2M | ﹤0.01% |
3,185,153
-32,060
| -1% | -$312K |
|
1753
Lindsay Corp
LNN
$1.13B
| $29.1M | ﹤0.01% |
246,107
-1,030
| -0.4% | -$128K |
|
1754
Safety Insurance
SAFT
$1.52B
| $29.1M | ﹤0.01% |
352,751
-2,639
| -0.7% | -$219K |
|
1755
Arvinas
ARVN
$518M
| $29M | ﹤0.01% |
1,511,014
-8,320
| -0.5% | -$202K |
|
1756
Reynolds Consumer Products
REYN
$5.26B
| $29M | ﹤0.01% |
1,072,422
+26,664
| +3% | +$756K |
|
1757
Gentherm
THRM
$1.25B
| $28.9M | ﹤0.01% |
724,182
-13,421
| -2% | -$563K |
|
1758
Revolve Group
RVLV
$1.8B
| $28.7M | ﹤0.01% |
857,930
-3,718
| -0.4% | -$115K |
|
1759
Vital Farms
VITL
$545M
| $28.7M | ﹤0.01% |
761,380
+11,721
| +2% | +$417K |
|
1760
Vestis
VSTS
$1.91B
| $28.7M | ﹤0.01% |
1,880,759
-24,663
| -1% | -$371K |
|
|
KW
1761
DELISTED
Kennedy-Wilson Holdings
KW
| $28.6M | ﹤0.01% |
2,865,414
+6,311
| +0.2% | +$68.9K |
|
|
NTST
1762
NETSTREIT Corp
NTST
$2.09B
| $28.6M | ﹤0.01% |
2,022,772
+41,972
| +2% | +$653K |
|
1763
Embecta
EMBC
$216M
| $28.6M | ﹤0.01% |
1,383,834
-3,439
| -0.2% | -$56.4K |
|
1764
RxSight
RXST
$249M
| $28.6M | ﹤0.01% |
830,758
+13,641
| +2% | +$615K |
|
1765
STAAR Surgical
STAA
$1.21B
| $28.5M | ﹤0.01% |
1,174,712
+213
| +0% | +$6.08K |
|
1766
Expro Ltd
XPRO
$1.79B
| $28.5M | ﹤0.01% |
2,287,619
-38,963
| -2% | -$543K |
|
1767
Fastly Inc
FSLY
$3.55B
| $28.5M | ﹤0.01% |
3,019,683
+4,228
| +0.1% | +$35.1K |
|
1768
Liberty Global Class A
LBTYA
$3.62B
| $28.5M | ﹤0.01% |
2,232,850
-30,060
| -1% | -$501K |
|
|
TWO
1769
Two Harbors Investment
TWO
$1.27B
| $28.5M | ﹤0.01% |
2,406,115
-34,705
| -1% | -$420K |
|
1770
Worthington Enterprises
WOR
$2.75B
| $28.3M | ﹤0.01% |
705,126
-108,702
| -13% | -$4.4M |
|
1771
Evolent Health
EVH
$348M
| $28.3M | ﹤0.01% |
2,513,893
-6,925
| -0.3% | -$122K |
|
1772
Sable Offshore Corp
SOC
$1.01B
| $28.2M | ﹤0.01% |
1,229,148
+177,971
| +17% | +$3.9M |
|
1773
Cimpress
CMPR
$2.39B
| $28.1M | ﹤0.01% |
392,252
-5,266
| -1% | -$413K |
|
1774
Winmark
WINA
$1.2B
| $28.1M | ﹤0.01% |
71,451
+266
| +0.4% | +$105K |
|
1775
Select Water Solutions
WTTR
$2.3B
| $28M | ﹤0.01% |
2,112,152
-15,218
| -0.7% | -$193K |
|
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.