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 | |
|---|---|---|---|---|---|---|
|
UMH
1776
UMH Properties
UMH
$1.36B
| $26.3M | ﹤0.01% |
1,644,089
+120,635
| +8% | +$1.88M |
|
1777
Weis Markets
WMK
$1.86B
| $26.3M | ﹤0.01% |
418,501
+22,384
| +6% | +$1.43M |
|
1778
MGP Ingredients
MGPI
$375M
| $26.2M | ﹤0.01% |
352,707
-7,527
| -2% | -$587K |
|
1779
TAL Education Group
TAL
$6.87B
| $26.2M | ﹤0.01% |
2,471,530
+57,813
| +2% | +$683K |
|
1780
Vita Coco
COCO
$3.6B
| $26.2M | ﹤0.01% |
939,839
+89,911
| +11% | +$2.38M |
|
1781
G-III Apparel Group
GIII
$1.5B
| $26.2M | ﹤0.01% |
966,135
+8,675
| +0.9% | +$243K |
|
1782
Janux Therapeutics
JANX
$967M
| $26.1M | ﹤0.01% |
624,104
+156,557
| +33% | +$7.35M |
|
1783
JELD-WEN Holding
JELD
$164M
| $26.1M | ﹤0.01% |
1,936,431
+61,495
| +3% | +$1.03M |
|
1784
Herbalife
HLF
$1.29B
| $26.1M | ﹤0.01% |
2,510,083
+168,975
| +7% | +$1.69M |
|
1785
SoundHound AI
SOUN
$3.49B
| $26M | ﹤0.01% |
6,591,288
+2,642,516
| +67% | +$12.2M |
|
1786
ANI Pharmaceuticals
ANIP
$1.78B
| $26M | ﹤0.01% |
407,911
+68,547
| +20% | +$4.45M |
|
1787
Crescent Energy
CRGY
$3.82B
| $26M | ﹤0.01% |
2,190,394
+448,384
| +26% | +$5.27M |
|
1788
Icon
ICLR
$12.7B
| $25.9M | ﹤0.01% |
82,708
-352,129
| -81% | -$110M |
|
1789
Asana
ASAN
$2.13B
| $25.9M | ﹤0.01% |
1,851,648
+78,535
| +4% | +$1.12M |
|
|
LSXMA
1790
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $25.9M | ﹤0.01% |
1,168,082
+11,292
| +1% | +$269K |
|
1791
Marten Transport
MRTN
$1.22B
| $25.8M | ﹤0.01% |
1,395,931
+69,035
| +5% | +$1.21M |
|
1792
Caleres
CAL
$487M
| $25.7M | ﹤0.01% |
764,766
+19,244
| +3% | +$692K |
|
1793
Preferred Bank
PFBC
$1.25B
| $25.7M | ﹤0.01% |
340,314
+23,129
| +7% | +$1.75M |
|
1794
LegalZoom.com
LZ
$988M
| $25.5M | ﹤0.01% |
3,044,104
+155,093
| +5% | +$1.6M |
|
1795
AtriCure
ATRC
$2.11B
| $25.5M | ﹤0.01% |
1,119,952
+59,113
| +6% | +$1.36M |
|
1796
Sally Beauty Holdings
SBH
$1.58B
| $25.5M | ﹤0.01% |
2,372,859
+52,828
| +2% | +$581K |
|
1797
Hayward Holdings
HAYW
$3.36B
| $25.4M | ﹤0.01% |
2,067,404
+76,429
| +4% | +$1.06M |
|
|
CSR
1798
Centerspace
CSR
$952M
| $25.4M | ﹤0.01% |
375,768
+6,780
| +2% | +$447K |
|
|
MFA
1799
MFA Financial
MFA
$933M
| $25.4M | ﹤0.01% |
2,386,124
+112,031
| +5% | +$1.21M |
|
1800
Shoals Technologies Group
SHLS
$1.5B
| $25.4M | ﹤0.01% |
4,063,591
+173,822
| +4% | +$1.39M |
|
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.