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
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Constellium
CSTM
$3.99B
| $24.2M | ﹤0.01% |
1,490,609
-8,351
| -0.6% | -$142K |
|
1877
Travere Therapeutics
TVTX
$5.78B
| $24.2M | ﹤0.01% |
1,731,045
+64,744
| +4% | +$675K |
|
|
ODP
1878
DELISTED
ODP
ODP
| $24.2M | ﹤0.01% |
813,895
+3,041
| +0.4% | +$101K |
|
1879
TriMas Corp
TRS
$1.44B
| $24.2M | ﹤0.01% |
947,047
-24,300
| -3% | -$609K |
|
1880
Lifestance Health
LFST
$4.14B
| $24.2M | ﹤0.01% |
3,452,178
+729,794
| +27% | +$4.39M |
|
1881
Vicor
VICR
$10.2B
| $24.1M | ﹤0.01% |
572,195
+33,696
| +6% | +$1.25M |
|
1882
Digi International
DGII
$3.1B
| $24.1M | ﹤0.01% |
874,290
+11,239
| +1% | +$296K |
|
1883
A10 Networks
ATEN
$1.95B
| $24M | ﹤0.01% |
1,662,442
+89,175
| +6% | +$1.2M |
|
1884
ACM Research
ACMR
$5.79B
| $24M | ﹤0.01% |
1,180,741
+26,620
| +2% | +$510K |
|
1885
Icon
ICLR
$12.7B
| $24M | ﹤0.01% |
83,424
+716
| +0.9% | +$226K |
|
1886
Legend Biotech
LEGN
$4.01B
| $23.9M | ﹤0.01% |
494,864
+17,337
| +4% | +$923K |
|
|
BDN
1887
Brandywine Realty Trust
BDN
$554M
| $23.9M | ﹤0.01% |
4,388,704
-47,258
| -1% | -$235K |
|
1888
Dillards
DDS
$9.56B
| $23.9M | ﹤0.01% |
62,216
-140
| -0.2% | -$53.4K |
|
1889
Cracker Barrel
CBRL
$1.29B
| $23.8M | ﹤0.01% |
523,940
-968
| -0.2% | -$39.9K |
|
1890
Monro
MNRO
$398M
| $23.8M | ﹤0.01% |
823,250
+20,420
| +3% | +$528K |
|
|
DHC
1891
Diversified Healthcare Trust
DHC
$2.14B
| $23.8M | ﹤0.01% |
5,667,451
+54,602
| +1% | +$184K |
|
1892
Camping World
CWH
$653M
| $23.7M | ﹤0.01% |
978,330
+41,705
| +4% | +$898K |
|
|
PLYM
1893
DELISTED
Plymouth Industrial REIT
PLYM
| $23.7M | ﹤0.01% |
1,047,832
+29,924
| +3% | +$695K |
|
1894
Select Water Solutions
WTTR
$2.61B
| $23.7M | ﹤0.01% |
2,127,370
+155,091
| +8% | +$1.71M |
|
1895
Energy Recovery
ERII
$443M
| $23.6M | ﹤0.01% |
1,358,620
+56,306
| +4% | +$888K |
|
|
VZIO
1896
DELISTED
VIZIO Holding Corp.
VZIO
| $23.6M | ﹤0.01% |
2,111,848
+13,855
| +0.7% | +$153K |
|
1897
Marcus & Millichap
MMI
$1.19B
| $23.6M | ﹤0.01% |
595,145
+5,525
| +0.9% | +$208K |
|
1898
Comstock Resources
CRK
$3.94B
| $23.5M | ﹤0.01% |
2,115,407
-49,369
| -2% | -$506K |
|
1899
HCI Group
HCI
$2.41B
| $23.5M | ﹤0.01% |
219,821
+48,969
| +29% | +$4.64M |
|
|
RWT
1900
Redwood Trust
RWT
$594M
| $23.5M | ﹤0.01% |
3,038,438
+25,444
| +0.8% | +$186K |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.