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 | |
|---|---|---|---|---|---|---|
1976
Flex
FLEX
$44.8B
| $18.3M | ﹤0.01% |
620,879
+11,076
| +2% | +$332K |
|
1977
HealthStream
HSTM
$840M
| $18.3M | ﹤0.01% |
655,985
+48,428
| +8% | +$1.29M |
|
1978
Disc Medicine
IRON
$2.97B
| $18.2M | ﹤0.01% |
403,736
+157,962
| +64% | +$5.37M |
|
1979
Arhaus
ARHS
$1.36B
| $18.2M | ﹤0.01% |
1,073,669
+603,246
| +128% | +$9.77M |
|
1980
Pitney Bowes
PBI
$2.39B
| $18.2M | ﹤0.01% |
3,577,579
-19,363
| -0.5% | -$92.5K |
|
1981
Sonic Automotive
SAH
$2.61B
| $18.2M | ﹤0.01% |
333,331
+8,131
| +3% | +$451K |
|
|
UNIT
1982
Uniti Group
UNIT
$2.32B
| $18.2M | ﹤0.01% |
6,215,790
+249,413
| +4% | +$1.04M |
|
1983
Matthews International
MATW
$739M
| $18.1M | ﹤0.01% |
723,003
+33,370
| +5% | +$916K |
|
1984
Healthcare Services Group
HCSG
$1.53B
| $18.1M | ﹤0.01% |
1,710,596
+72,596
| +4% | +$805K |
|
1985
BlueLinx
BXC
$706M
| $18.1M | ﹤0.01% |
194,295
+6,080
| +3% | +$645K |
|
1986
Allegiant Air
ALGT
$2.57B
| $18.1M | ﹤0.01% |
359,331
+9,692
| +3% | +$543K |
|
1987
Spyre Therapeutics
SYRE
$9.25B
| $18M | ﹤0.01% |
765,834
+435,609
| +132% | +$14.7M |
|
1988
Protolabs
PRLB
$2.13B
| $18M | ﹤0.01% |
581,524
+14,920
| +3% | +$473K |
|
1989
PureCycle Technologies
PCT
$1.45B
| $18M | ﹤0.01% |
3,031,976
+128,250
| +4% | +$697K |
|
1990
Ducommun
DCO
$2.98B
| $17.9M | ﹤0.01% |
309,094
+16,478
| +6% | +$921K |
|
1991
PRA Group
PRAA
$755M
| $17.9M | ﹤0.01% |
910,050
+32,308
| +4% | +$743K |
|
|
DAWN
1992
DELISTED
Day One Biopharmaceuticals
DAWN
| $17.9M | ﹤0.01% |
1,296,239
-80,722
| -6% | -$1.18M |
|
1993
Vicor
VICR
$10.2B
| $17.9M | ﹤0.01% |
538,499
+29,101
| +6% | +$1M |
|
|
ETWO
1994
DELISTED
E2open Parent Holdings
ETWO
| $17.9M | ﹤0.01% |
3,976,930
+159,085
| +4% | +$717K |
|
|
LGF.A
1995
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $17.8M | ﹤0.01% |
1,893,537
+121,966
| +7% | +$1.18M |
|
|
RDFN
1996
DELISTED
Redfin
RDFN
| $17.8M | ﹤0.01% |
2,956,930
+220,639
| +8% | +$1.38M |
|
1997
Hyster-Yale Materials Handling
HY
$665M
| $17.7M | ﹤0.01% |
254,212
+15,551
| +7% | +$1.06M |
|
1998
Bank First Corp
BFC
$1.7B
| $17.7M | ﹤0.01% |
214,282
+13,217
| +7% | +$1.07M |
|
1999
Compass Diversified
CODI
$828M
| $17.7M | ﹤0.01% |
808,088
+91,291
| +13% | +$2.05M |
|
2000
NuScale Power
SMR
$4.03B
| $17.7M | ﹤0.01% |
1,512,558
+401,693
| +36% | +$2.86M |
|
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.