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 | |
|---|---|---|---|---|---|---|
1851
Summit Therapeutics
SMMT
$11.1B
| $23.1M | ﹤0.01% |
2,963,827
-188,563
| -6% | -$1.02M |
|
1852
Jack in the Box
JACK
$335M
| $23.1M | ﹤0.01% |
453,778
+12,114
| +3% | +$680K |
|
1853
CAE Inc. Common Shares
CAE
$8.74B
| $23.1M | ﹤0.01% |
1,253,101
+50,672
| +4% | +$981K |
|
1854
1st Source
SRCE
$2.12B
| $23M | ﹤0.01% |
429,660
+45,308
| +12% | +$2.29M |
|
|
PDM
1855
Piedmont Realty Trust
PDM
$1.19B
| $23M | ﹤0.01% |
3,168,269
+110,524
| +4% | +$768K |
|
1856
John B. Sanfilippo & Son
JBSS
$972M
| $23M | ﹤0.01% |
236,282
+16,388
| +7% | +$1.64M |
|
|
ACH
1857
Accendra Health
ACH
$214M
| $22.9M | ﹤0.01% |
1,698,289
+42,810
| +3% | +$877K |
|
1858
Hawaiian Electric Industries
HE
$2.14B
| $22.9M | ﹤0.01% |
2,539,999
+831,617
| +49% | +$8.64M |
|
1859
BCE
BCE
$21.2B
| $22.9M | ﹤0.01% |
618,495
+37,153
| +6% | +$1.24M |
|
|
GOGL
1860
DELISTED
Golden Ocean Group
GOGL
| $22.8M | ﹤0.01% |
1,655,538
+89,301
| +6% | +$1.23M |
|
1861
Artivion
AORT
$1.32B
| $22.7M | ﹤0.01% |
886,023
+30,941
| +4% | +$694K |
|
1862
Deluxe
DLX
$1.15B
| $22.7M | ﹤0.01% |
1,010,496
+38,237
| +4% | +$817K |
|
|
VZIO
1863
DELISTED
VIZIO Holding Corp.
VZIO
| $22.7M | ﹤0.01% |
2,097,993
+188,445
| +10% | +$2.02M |
|
|
NXRT
1864
NexPoint Residential Trust
NXRT
$652M
| $22.7M | ﹤0.01% |
573,344
+22,712
| +4% | +$798K |
|
1865
indie Semiconductor
INDI
$854M
| $22.6M | ﹤0.01% |
3,667,328
+357,896
| +11% | +$2.27M |
|
1866
Harmony Biosciences
HRMY
$2.24B
| $22.6M | ﹤0.01% |
748,703
-5,074
| -0.7% | -$153K |
|
1867
Middlesex Water
MSEX
$1.1B
| $22.5M | ﹤0.01% |
431,129
+30,875
| +8% | +$1.6M |
|
1868
Arcutis Biotherapeutics
ARQT
$3.18B
| $22.5M | ﹤0.01% |
2,421,270
+449,837
| +23% | +$4.07M |
|
1869
Comstock Resources
CRK
$3.94B
| $22.5M | ﹤0.01% |
2,164,776
+151,797
| +8% | +$1.59M |
|
1870
Gildan
GIL
$10.6B
| $22.4M | ﹤0.01% |
595,672
+16,061
| +3% | +$581K |
|
|
SVC
1871
Service Properties Trust
SVC
$1.07B
| $22.4M | ﹤0.01% |
871,718
+32,976
| +4% | +$948K |
|
1872
Wabash National
WNC
$527M
| $22.3M | ﹤0.01% |
1,022,521
+34,465
| +3% | +$812K |
|
1873
Merchants Bancorp
MBIN
$2.49B
| $22.3M | ﹤0.01% |
549,854
+53,514
| +11% | +$2.2M |
|
|
BBT
1874
Beacon Financial Corp
BBT
$2.66B
| $22.3M | ﹤0.01% |
977,496
+37,251
| +4% | +$818K |
|
1875
4D Molecular Therapeutics
FDMT
$562M
| $22.3M | ﹤0.01% |
1,060,891
+188,228
| +22% | +$4.72M |
|
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.