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 | |
|---|---|---|---|---|---|---|
2001
BioLife Solutions
BLFS
$1.7B
| $17.7M | ﹤0.01% |
824,298
+36,108
| +5% | +$701K |
|
2002
International Money Express
IMXI
$367M
| $17.7M | ﹤0.01% |
846,911
+29,027
| +4% | +$611K |
|
|
AMK
2003
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $17.6M | ﹤0.01% |
510,356
+33,045
| +7% | +$1.14M |
|
2004
Leslie's
LESL
$11M
| $17.6M | ﹤0.01% |
210,024
+7,801
| +4% | +$759K |
|
2005
United Natural Foods
UNFI
$2.85B
| $17.6M | ﹤0.01% |
1,343,412
+50,666
| +4% | +$569K |
|
|
PFC
2006
DELISTED
Premier Financial Corp. Common Stock
PFC
| $17.5M | ﹤0.01% |
855,845
+32,054
| +4% | +$637K |
|
|
GDEN
2007
DELISTED
Golden Entertainment
GDEN
| $17.5M | ﹤0.01% |
562,742
+84,462
| +18% | +$2.69M |
|
|
BRSP
2008
BrightSpire Capital
BRSP
$648M
| $17.5M | ﹤0.01% |
3,068,031
+83,476
| +3% | +$512K |
|
2009
CNA Financial
CNA
$14.1B
| $17.4M | ﹤0.01% |
377,714
-12,388
| -3% | -$550K |
|
2010
Koppers
KOP
$969M
| $17.4M | ﹤0.01% |
469,672
+22,300
| +5% | +$1.04M |
|
2011
CG Oncology
CGON
$6.66B
| $17.4M | ﹤0.01% |
549,778
+45,562
| +9% | +$1.58M |
|
2012
Dime Commercial Bancshares
DCOM
$1.78B
| $17.3M | ﹤0.01% |
850,031
+38,260
| +5% | +$721K |
|
2013
First Mid Bancshares
FMBH
$1.36B
| $17.3M | ﹤0.01% |
526,737
+48,663
| +10% | +$1.53M |
|
2014
Energy Recovery
ERII
$443M
| $17.3M | ﹤0.01% |
1,302,314
+49,199
| +4% | +$678K |
|
|
DX
2015
Dynex Capital
DX
$3.21B
| $17.3M | ﹤0.01% |
1,448,080
+167,606
| +13% | +$2.01M |
|
2016
SolarEdge
SEDG
$1.95B
| $17.2M | ﹤0.01% |
682,570
+28,236
| +4% | +$1.47M |
|
|
BRKL
2017
DELISTED
Brookline Bancorp
BRKL
| $17.2M | ﹤0.01% |
2,062,473
+62,011
| +3% | +$544K |
|
|
FBMS
2018
DELISTED
The First Bancshares, Inc.
FBMS
| $17.2M | ﹤0.01% |
662,881
+6,450
| +1% | +$159K |
|
|
HAYN
2019
DELISTED
Haynes International, Inc.
HAYN
| $17.2M | ﹤0.01% |
292,712
+7,102
| +2% | +$422K |
|
2020
Ivanhoe Electric
IE
$1.74B
| $17.2M | ﹤0.01% |
1,830,483
+1,135,639
| +163% | +$12.1M |
|
|
ATSG
2021
DELISTED
Air Transport Services Group
ATSG
| $17.2M | ﹤0.01% |
1,237,104
+56,715
| +5% | +$752K |
|
2022
ProPetro Holding
PUMP
$1.35B
| $17.1M | ﹤0.01% |
1,975,037
+21,931
| +1% | +$196K |
|
|
DHC
2023
Diversified Healthcare Trust
DHC
$2.14B
| $17.1M | ﹤0.01% |
5,612,849
-14,733
| -0.3% | -$37.4K |
|
2024
Archer Aviation
ACHR
$4.26B
| $17M | ﹤0.01% |
4,841,496
+1,157,898
| +31% | +$4.3M |
|
2025
Cullinan Oncology
CGEM
$1.14B
| $17M | ﹤0.01% |
976,486
+299,156
| +44% | +$6.37M |
|
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.