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 | |
|---|---|---|---|---|---|---|
2051
Enliven Therapeutics
ELVN
$4.43B
| $15.9M | ﹤0.01% |
682,395
+206,939
| +44% | +$4.36M |
|
2052
Compañía de Minas Buenaventura
BVN
$8.67B
| $15.9M | ﹤0.01% |
943,115
-183,135
| -16% | -$3.1M |
|
2053
Hovnanian Enterprises
HOV
$807M
| $15.8M | ﹤0.01% |
111,620
+5,637
| +5% | +$848K |
|
2054
Capitol Federal Financial
CFFN
$1.1B
| $15.8M | ﹤0.01% |
2,882,188
+85,552
| +3% | +$446K |
|
2055
Amplitude
AMPL
$1.41B
| $15.8M | ﹤0.01% |
1,777,475
+164,642
| +10% | +$1.55M |
|
|
ATRI
2056
DELISTED
Atrion Corp
ATRI
| $15.8M | ﹤0.01% |
34,938
+1,117
| +3% | +$487K |
|
2057
Sana Biotechnology
SANA
$980M
| $15.8M | ﹤0.01% |
2,890,425
+473,907
| +20% | +$3.78M |
|
2058
Kiniksa Pharmaceuticals
KNSA
$5.93B
| $15.8M | ﹤0.01% |
848,894
+123,383
| +17% | +$2.31M |
|
2059
Rush Street Interactive
RSI
$2.88B
| $15.8M | ﹤0.01% |
1,643,945
+238,755
| +17% | +$1.91M |
|
2060
Pennant Group
PNTG
$1.36B
| $15.8M | ﹤0.01% |
679,169
+28,361
| +4% | +$621K |
|
2061
HCI Group
HCI
$2.41B
| $15.7M | ﹤0.01% |
170,852
+18,689
| +12% | +$1.95M |
|
2062
Liquidia Corp
LQDA
$8.02B
| $15.7M | ﹤0.01% |
1,311,800
+181,568
| +16% | +$2.41M |
|
|
HPP
2063
Hudson Pacific Properties
HPP
$779M
| $15.7M | ﹤0.01% |
467,474
+16,198
| +4% | +$611K |
|
2064
Stagwell
STGW
$2.24B
| $15.7M | ﹤0.01% |
2,303,996
+130,600
| +6% | +$842K |
|
|
PRSU
2065
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $15.7M | ﹤0.01% |
461,430
+16,404
| +4% | +$575K |
|
|
BASE
2066
DELISTED
Couchbase
BASE
| $15.6M | ﹤0.01% |
856,379
+118,829
| +16% | +$2.77M |
|
2067
Enviri
NVRI
$620M
| $15.6M | ﹤0.01% |
1,810,885
+72,478
| +4% | +$604K |
|
|
CHCT
2068
Community Healthcare Trust
CHCT
$454M
| $15.6M | ﹤0.01% |
665,261
+33,605
| +5% | +$817K |
|
2069
Univest Financial
UVSP
$1.18B
| $15.5M | ﹤0.01% |
680,675
+31,761
| +5% | +$671K |
|
|
PYCR
2070
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $15.5M | ﹤0.01% |
1,222,184
+78,026
| +7% | +$1.17M |
|
2071
Sable Offshore Corp
SOC
$911M
| $15.4M | ﹤0.01% |
+1,024,243
| New | +$12.9M |
|
2072
Relay Therapeutics
RLAY
$4.33B
| $15.4M | ﹤0.01% |
2,364,797
+148,004
| +7% | +$1.01M |
|
2073
MarineMax
HZO
$788M
| $15.4M | ﹤0.01% |
476,281
+13,106
| +3% | +$384K |
|
|
EVRI
2074
DELISTED
Everi Holdings
EVRI
| $15.4M | ﹤0.01% |
1,832,651
+28,083
| +2% | +$229K |
|
|
SWI
2075
DELISTED
SolarWinds Corporation Common Stock
SWI
| $15.3M | ﹤0.01% |
1,273,314
+92,913
| +8% | +$1.07M |
|
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.