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 | |
|---|---|---|---|---|---|---|
1826
Worthington Steel
WS
$1.95B
| $24.3M | ﹤0.01% |
729,446
+52,877
| +8% | +$1.73M |
|
|
FBRT
1827
Franklin BSP Realty Trust
FBRT
$657M
| $24.3M | ﹤0.01% |
1,930,087
+57,799
| +3% | +$736K |
|
1828
National Vision
EYE
$1.81B
| $24.3M | ﹤0.01% |
1,854,617
+89,411
| +5% | +$1.46M |
|
|
SILK
1829
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $24.3M | ﹤0.01% |
897,661
+19,811
| +2% | +$412K |
|
1830
Green Plains
GPRE
$1.03B
| $24.2M | ﹤0.01% |
1,527,323
+129,643
| +9% | +$2.5M |
|
1831
Ferrovial N.V. Ordinary Shares
FER
$47.9B
| $24.2M | ﹤0.01% |
+628,218
| New | +$24.8M |
|
|
KLG
1832
DELISTED
WK Kellogg Co
KLG
| $24.2M | ﹤0.01% |
1,468,774
+495,804
| +51% | +$10.1M |
|
1833
N-able
NABL
$940M
| $24.1M | ﹤0.01% |
1,582,506
+83,181
| +6% | +$1.09M |
|
1834
Leggett & Platt
LEG
$1.31B
| $24M | ﹤0.01% |
2,096,156
-53,277
| -2% | -$752K |
|
1835
Wolverine World Wide
WWW
$1.55B
| $24M | ﹤0.01% |
1,774,389
+76,636
| +5% | +$922K |
|
1836
Sprinklr
CXM
$1.61B
| $24M | ﹤0.01% |
2,492,912
+66,834
| +3% | +$747K |
|
1837
Tecnoglass Holdings Inc.
TGLS
$1.96B
| $24M | ﹤0.01% |
477,565
+261,588
| +121% | +$13.6M |
|
1838
Sabre
SABR
$835M
| $23.9M | ﹤0.01% |
8,935,876
+897,725
| +11% | +$2.51M |
|
1839
QCR Holdings
QCRH
$1.7B
| $23.8M | ﹤0.01% |
397,014
+15,184
| +4% | +$868K |
|
|
HIBB
1840
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $23.8M | ﹤0.01% |
272,358
+10,646
| +4% | +$881K |
|
1841
Cannae Holdings
CNNE
$649M
| $23.7M | ﹤0.01% |
1,308,986
-144,744
| -10% | -$2.81M |
|
|
AGNT
1842
AGNT Inc
AGNT
$734M
| $23.6M | ﹤0.01% |
2,092,962
+193,393
| +10% | +$2.12M |
|
1843
Ocular Therapeutix
OCUL
$2.02B
| $23.6M | ﹤0.01% |
3,452,087
+966,044
| +39% | +$5.96M |
|
|
THR
1844
DELISTED
Thermon Group Holdings
THR
| $23.5M | ﹤0.01% |
763,687
+29,690
| +4% | +$951K |
|
1845
Columbus McKinnon
CMCO
$584M
| $23.4M | ﹤0.01% |
677,271
+23,327
| +4% | +$946K |
|
|
CIM
1846
Chimera Investment
CIM
$1B
| $23.4M | ﹤0.01% |
1,826,495
+216,458
| +13% | +$2.74M |
|
|
SAFE
1847
Safehold
SAFE
$1.15B
| $23.3M | ﹤0.01% |
1,209,666
+80,968
| +7% | +$1.56M |
|
1848
Trupanion
TRUP
$1.18B
| $23.3M | ﹤0.01% |
791,494
-53,695
| -6% | -$1.42M |
|
1849
Encore Capital Group
ECPG
$2.13B
| $23.2M | ﹤0.01% |
556,399
+26,866
| +5% | +$1.16M |
|
|
EFC
1850
Ellington Financial
EFC
$1.71B
| $23.2M | ﹤0.01% |
1,918,766
+210,601
| +12% | +$2.48M |
|
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.