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 | |
|---|---|---|---|---|---|---|
2026
Cadre Holdings
CDRE
$1.41B
| $17M | ﹤0.01% |
506,928
+97,820
| +24% | +$3.22M |
|
2027
BJ's Restaurants
BJRI
$1.48B
| $16.9M | ﹤0.01% |
487,931
-19,730
| -4% | -$677K |
|
|
DMC
2028
Del Monte Corp
DMC
$1.45B
| $16.8M | ﹤0.01% |
770,349
+25,701
| +3% | +$618K |
|
2029
Embecta
EMBC
$262M
| $16.8M | ﹤0.01% |
1,342,045
+33,983
| +3% | +$413K |
|
|
IAS
2030
DELISTED
Integral Ad Science
IAS
| $16.8M | ﹤0.01% |
1,724,510
+129,925
| +8% | +$1.24M |
|
2031
Camping World
CWH
$653M
| $16.7M | ﹤0.01% |
936,625
+37,285
| +4% | +$785K |
|
2032
Cogent Biosciences
COGT
$7.24B
| $16.7M | ﹤0.01% |
1,980,731
+203,627
| +11% | +$1.54M |
|
2033
West Fraser Timber
WFG
$5.65B
| $16.6M | ﹤0.01% |
218,466
+6,186
| +3% | +$491K |
|
2034
Cipher Digital
CIFR
$7.13B
| $16.6M | ﹤0.01% |
3,998,398
+1,991,938
| +99% | +$8.25M |
|
2035
Kelly Services Class A
KELYA
$528M
| $16.5M | ﹤0.01% |
772,026
+27,215
| +4% | +$618K |
|
2036
Arm
ARM
$302B
| $16.5M | ﹤0.01% |
100,724
+16,053
| +19% | +$2M |
|
|
WSR
2037
DELISTED
Whitestone REIT
WSR
| $16.4M | ﹤0.01% |
1,232,727
+50,820
| +4% | +$625K |
|
|
INN
2038
Summit Hotel Properties
INN
$700M
| $16.4M | ﹤0.01% |
2,732,607
+117,954
| +5% | +$722K |
|
2039
REX American Resources
REX
$1.41B
| $16.4M | ﹤0.01% |
717,400
+33,760
| +5% | +$901K |
|
2040
UL Solutions
ULS
$15.8B
| $16.3M | ﹤0.01% |
+387,301
| New | +$14.7M |
|
2041
Byline Bancorp
BY
$1.76B
| $16.3M | ﹤0.01% |
688,386
+99,662
| +17% | +$2.22M |
|
2042
Praxis Precision Medicines
PRAX
$10.1B
| $16.3M | ﹤0.01% |
395,059
+260,342
| +193% | +$12.3M |
|
|
AVDL
2043
DELISTED
Avadel Pharmaceuticals
AVDL
| $16.3M | ﹤0.01% |
1,160,820
+1,056,593
| +1,014% | +$17.2M |
|
|
SHOE
2044
Shoe Station Group
SHOE
$428M
| $16.3M | ﹤0.01% |
441,787
+24,643
| +6% | +$875K |
|
2045
Astec Industries
ASTE
$1.02B
| $16.2M | ﹤0.01% |
546,346
+25,511
| +5% | +$917K |
|
2046
Sturm, Ruger & Co
RGR
$593M
| $16.2M | ﹤0.01% |
388,465
+5,322
| +1% | +$236K |
|
2047
Symbotic
SYM
$5.22B
| $16.1M | ﹤0.01% |
457,037
+45,776
| +11% | +$1.85M |
|
2048
Community Trust Bancorp
CTBI
$1.41B
| $16M | ﹤0.01% |
366,920
+16,313
| +5% | +$686K |
|
2049
Center Bancorp
CNOB
$1.78B
| $16M | ﹤0.01% |
845,627
+23,640
| +3% | +$444K |
|
|
SBOW
2050
DELISTED
SilverBow Resources, Inc.
SBOW
| $16M | ﹤0.01% |
421,882
-2,098
| -0.5% | -$73.7K |
|
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.