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 | |
|---|---|---|---|---|---|---|
1901
Marcus & Millichap
MMI
$1.16B
| $22.9M | ﹤0.01% |
597,338
+2,193
| +0.4% | +$85.9K |
|
1902
XPEL
XPEL
$1.22B
| $22.8M | ﹤0.01% |
571,088
-792
| -0.1% | -$33.8K |
|
1903
Deluxe
DLX
$1.23B
| $22.8M | ﹤0.01% |
1,006,851
-21,228
| -2% | -$456K |
|
1904
Middlesex Water
MSEX
$1.08B
| $22.7M | ﹤0.01% |
431,767
-2,792
| -0.6% | -$175K |
|
1905
Spyre Therapeutics
SYRE
$8.3B
| $22.5M | ﹤0.01% |
966,129
+75,081
| +8% | +$2.2M |
|
1906
Origin Bancorp
OBK
$1.71B
| $22.4M | ﹤0.01% |
671,565
-1,624
| -0.2% | -$54.5K |
|
1907
BrightSpring Health Services
BTSG
$11.9B
| $22.3M | ﹤0.01% |
1,311,204
+6,990
| +0.5% | +$121K |
|
1908
Protolabs
PRLB
$1.92B
| $22.3M | ﹤0.01% |
570,057
-15,752
| -3% | -$566K |
|
|
ACH
1909
Accendra Health
ACH
$253M
| $22.2M | ﹤0.01% |
1,696,974
-14,479
| -0.8% | -$193K |
|
1910
Bloomin' Brands
BLMN
$780M
| $22.1M | ﹤0.01% |
1,811,901
-32,679
| -2% | -$468K |
|
1911
HealthStream
HSTM
$837M
| $22.1M | ﹤0.01% |
694,274
+19,510
| +3% | +$602K |
|
1912
Collegium Pharmaceutical
COLL
$1.14B
| $22.1M | ﹤0.01% |
770,481
-5,098
| -0.7% | -$169K |
|
1913
Rocket Pharmaceuticals
RCKT
$373M
| $22M | ﹤0.01% |
1,752,975
+135,109
| +8% | +$2.03M |
|
1914
Hackett Group
HCKT
$275M
| $22M | ﹤0.01% |
716,072
+15,819
| +2% | +$457K |
|
1915
Dave & Buster's
PLAY
$401M
| $22M | ﹤0.01% |
753,190
-1,880
| -0.2% | -$65.4K |
|
|
PFC
1916
DELISTED
Premier Financial Corp. Common Stock
PFC
| $22M | ﹤0.01% |
859,638
-4,749
| -0.5% | -$124K |
|
1917
Shoals Technologies Group
SHLS
$1.57B
| $22M | ﹤0.01% |
3,970,896
-52,001
| -1% | -$264K |
|
1918
Coastal Financial
CCB
$651M
| $22M | ﹤0.01% |
258,507
-1,262
| -0.5% | -$88.1K |
|
1919
Brookdale Senior Living
BKD
$3.49B
| $22M | ﹤0.01% |
4,363,473
-2,007
| -0% | -$11.5K |
|
|
PRO
1920
DELISTED
PROS Holdings
PRO
| $21.9M | ﹤0.01% |
999,255
+409
| +0% | +$8.79K |
|
|
HSII
1921
DELISTED
Heidrick & Struggles
HSII
| $21.9M | ﹤0.01% |
494,960
-553
| -0.1% | -$23.6K |
|
1922
Alphatec Holdings
ATEC
$1.54B
| $21.9M | ﹤0.01% |
2,387,162
+24,283
| +1% | +$194K |
|
1923
Liberty Live Group Series A
LLYVA
$9.09B
| $21.9M | ﹤0.01% |
328,686
-6,705
| -2% | -$416K |
|
1924
Marten Transport
MRTN
$1.2B
| $21.9M | ﹤0.01% |
1,400,947
-9,935
| -0.7% | -$166K |
|
|
THR
1925
DELISTED
Thermon Group Holdings
THR
| $21.9M | ﹤0.01% |
759,962
-12,635
| -2% | -$372K |
|
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.