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 | |
|---|---|---|---|---|---|---|
1926
Trip.com Group
TCOM
$29.8B
| $21.8M | ﹤0.01% |
317,344
-550
| -0.2% | -$36.4K |
|
1927
Sprinklr
CXM
$1.53B
| $21.8M | ﹤0.01% |
2,577,310
-211,240
| -8% | -$1.69M |
|
1928
Centrus Energy
LEU
$3.64B
| $21.7M | ﹤0.01% |
325,603
+5,668
| +2% | +$442K |
|
1929
Bank First Corp
BFC
$1.73B
| $21.7M | ﹤0.01% |
218,563
-3,641
| -2% | -$360K |
|
1930
BioLife Solutions
BLFS
$1.57B
| $21.6M | ﹤0.01% |
833,434
-9,337
| -1% | -$232K |
|
1931
SITE Centers
SITC
$175M
| $21.6M | ﹤0.01% |
1,412,163
-4,701,923
| -77% | -$75.8M |
|
1932
Schneider National
SNDR
$6.11B
| $21.5M | ﹤0.01% |
735,052
-11,220
| -2% | -$334K |
|
1933
Alpha and Omega Semiconductor
AOSL
$946M
| $21.5M | ﹤0.01% |
580,556
+1,851
| +0.3% | +$69K |
|
1934
American Express Global Business Travel
GBTG
$4.93B
| $21.4M | ﹤0.01% |
2,308,832
-30,563
| -1% | -$261K |
|
1935
Viasat
VSAT
$11B
| $21.4M | ﹤0.01% |
2,510,160
+2,104
| +0.1% | +$20.2K |
|
1936
BrightView Holdings
BV
$1.26B
| $21.3M | ﹤0.01% |
1,334,288
-3,257
| -0.2% | -$54.2K |
|
1937
Dillards
DDS
$9.55B
| $21.3M | ﹤0.01% |
49,384
-12,832
| -21% | -$5.26M |
|
1938
Array Technologies
ARRY
$866M
| $21.3M | ﹤0.01% |
3,526,292
+45,186
| +1% | +$288K |
|
1939
Liberty Latin America Class C
LILAK
$1.66B
| $21.3M | ﹤0.01% |
3,688,695
-28,196
| -0.8% | -$205K |
|
1940
SunCoke Energy
SXC
$704M
| $21.2M | ﹤0.01% |
1,981,183
-3,422
| -0.2% | -$36.7K |
|
1941
Ubiquiti
UI
$33.4B
| $21.2M | ﹤0.01% |
63,840
+765
| +1% | +$230K |
|
1942
American Superconductor
AMSC
$1.5B
| $21.1M | ﹤0.01% |
856,455
+9,043
| +1% | +$249K |
|
1943
Sonic Automotive
SAH
$2.79B
| $21.1M | ﹤0.01% |
332,376
-1,266
| -0.4% | -$78.4K |
|
1944
Krispy Kreme
DNUT
$528M
| $21M | ﹤0.01% |
2,110,288
+10,643
| +0.5% | +$115K |
|
1945
Ceco Environmental
CECO
$4B
| $20.9M | ﹤0.01% |
691,705
+2,218
| +0.3% | +$63.1K |
|
1946
Central Garden & Pet Co
CENT
$2.72B
| $20.9M | ﹤0.01% |
538,521
-17,715
| -3% | -$659K |
|
1947
Neumora Therapeutics
NMRA
$306M
| $20.9M | ﹤0.01% |
1,970,280
-9,567
| -0.5% | -$115K |
|
1948
Southside Bancshares
SBSI
$974M
| $20.9M | ﹤0.01% |
656,388
-15,278
| -2% | -$519K |
|
|
AHRT
1949
AH Realty Trust
AHRT
$529M
| $20.8M | ﹤0.01% |
2,035,178
+269,367
| +15% | +$2.93M |
|
1950
Monro
MNRO
$400M
| $20.8M | ﹤0.01% |
837,302
+14,052
| +2% | +$385K |
|
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.