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 | |
|---|---|---|---|---|---|---|
|
SCS
1826
DELISTED
Steelcase
SCS
| $25.6M | ﹤0.01% |
2,165,549
-14,879
| -0.7% | -$191K |
|
1827
Pediatrix Medical
MD
$2.22B
| $25.6M | ﹤0.01% |
1,947,796
+11,045
| +0.6% | +$152K |
|
|
AGNT
1828
AGNT Inc
AGNT
$664M
| $25.6M | ﹤0.01% |
2,219,658
+8,486
| +0.4% | +$112K |
|
1829
Lifestance Health
LFST
$4.05B
| $25.5M | ﹤0.01% |
3,465,471
+13,293
| +0.4% | +$95.4K |
|
1830
Quanex
NX
$858M
| $25.5M | ﹤0.01% |
1,053,115
+12,128
| +1% | +$348K |
|
1831
Kohl's
KSS
$2.29B
| $25.5M | ﹤0.01% |
1,814,549
-11,552
| -0.6% | -$199K |
|
1832
Ichor Holdings
ICHR
$2.85B
| $25.5M | ﹤0.01% |
790,568
-5,226
| -0.7% | -$162K |
|
1833
The RealReal
REAL
$1.5B
| $25.4M | ﹤0.01% |
2,327,782
+33,927
| +1% | +$180K |
|
|
EVRI
1834
DELISTED
Everi Holdings
EVRI
| $25.4M | ﹤0.01% |
1,882,584
+22,263
| +1% | +$298K |
|
1835
Avis
CAR
$4.87B
| $25.4M | ﹤0.01% |
314,977
-4,045
| -1% | -$369K |
|
1836
OceanFirst Financial
OCFC
$1.69B
| $25.4M | ﹤0.01% |
1,402,243
-19,130
| -1% | -$365K |
|
1837
Schrodinger
SDGR
$1.14B
| $25.4M | ﹤0.01% |
1,315,195
-4,010
| -0.3% | -$77.9K |
|
|
PMT
1838
PennyMac Mortgage Investment
PMT
$824M
| $25.4M | ﹤0.01% |
2,014,406
-7,516
| -0.4% | -$102K |
|
1839
Columbus McKinnon
CMCO
$561M
| $25.4M | ﹤0.01% |
680,957
-6,895
| -1% | -$250K |
|
1840
1st Source
SRCE
$2.17B
| $25.4M | ﹤0.01% |
434,325
+885
| +0.2% | +$54.8K |
|
1841
Cannae Holdings
CNNE
$652M
| $25.3M | ﹤0.01% |
1,276,056
-15,570
| -1% | -$312K |
|
|
CALY
1842
Callaway Golf Company
CALY
$3.38B
| $25.3M | ﹤0.01% |
3,220,445
-34,787
| -1% | -$316K |
|
1843
Loar Holdings
LOAR
$6.58B
| $25.2M | ﹤0.01% |
340,487
+164,912
| +94% | +$13.5M |
|
1844
Sally Beauty Holdings
SBH
$1.57B
| $25.1M | ﹤0.01% |
2,405,306
-10,569
| -0.4% | -$135K |
|
1845
D-Wave Quantum Inc. Common Stock
QBTS
$7.42B
| $25M | ﹤0.01% |
2,974,395
+418,468
| +16% | +$1.25M |
|
1846
Artivion
AORT
$1.33B
| $24.9M | ﹤0.01% |
872,066
-8,918
| -1% | -$247K |
|
1847
Cars.com
CARS
$671M
| $24.9M | ﹤0.01% |
1,436,650
-25,662
| -2% | -$449K |
|
1848
Sphere Entertainment
SPHR
$5.36B
| $24.9M | ﹤0.01% |
617,437
+4,429
| +0.7% | +$185K |
|
1849
Arlo Technologies
ARLO
$1.6B
| $24.8M | ﹤0.01% |
2,219,076
+26,803
| +1% | +$312K |
|
1850
Coursera
COUR
$1.7B
| $24.8M | ﹤0.01% |
2,918,050
-4,903
| -0.2% | -$37.9K |
|
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.