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 | |
|---|---|---|---|---|---|---|
2051
Enliven Therapeutics
ELVN
$4.15B
| $17.2M | ﹤0.01% |
762,718
+12,510
| +2% | +$324K |
|
2052
AdvanSix
ASIX
$542M
| $17.2M | ﹤0.01% |
602,303
+3,818
| +0.6% | +$115K |
|
2053
Cytek Biosciences
CTKB
$557M
| $17.1M | ﹤0.01% |
2,639,083
-28,921
| -1% | -$172K |
|
2054
Calumet Specialty Products
CLMT
$3.69B
| $17M | ﹤0.01% |
772,612
-5,204
| -0.7% | -$109K |
|
2055
Horizon Bancorp
HBNC
$1.06B
| $17M | ﹤0.01% |
1,055,922
+2,297
| +0.2% | +$38.5K |
|
2056
PagSeguro Digital
PAGS
$2.68B
| $17M | ﹤0.01% |
2,710,851
-668,958
| -20% | -$5.14M |
|
2057
Capitol Federal Financial
CFFN
$1.12B
| $16.9M | ﹤0.01% |
2,860,278
+15,578
| +0.5% | +$99.3K |
|
2058
Wabash National
WNC
$508M
| $16.9M | ﹤0.01% |
984,792
-26,416
| -3% | -$490K |
|
2059
Legend Biotech
LEGN
$3.68B
| $16.8M | ﹤0.01% |
519,474
+24,610
| +5% | +$1.02M |
|
2060
Mercantile Bank Corp
MBWM
$1.05B
| $16.8M | ﹤0.01% |
376,907
-72
| -0% | -$3.35K |
|
2061
InMode
INMD
$882M
| $16.8M | ﹤0.01% |
1,003,999
-97,952
| -9% | -$1.74M |
|
2062
Castle Biosciences
CSTL
$928M
| $16.7M | ﹤0.01% |
628,196
+3,513
| +0.6% | +$107K |
|
2063
argenx
ARGX
$52B
| $16.7M | ﹤0.01% |
27,207
+458
| +2% | +$268K |
|
2064
Axogen
AXGN
$2.46B
| $16.6M | ﹤0.01% |
1,006,996
-3,512
| -0.3% | -$49.7K |
|
2065
Liquidity Services
LQDT
$1.23B
| $16.6M | ﹤0.01% |
513,779
-1,805
| -0.4% | -$45.8K |
|
|
AVNS
2066
DELISTED
Avanos Medical
AVNS
| $16.6M | ﹤0.01% |
1,041,110
-13,052
| -1% | -$258K |
|
|
STKL
2067
DELISTED
SunOpta
STKL
| $16.5M | ﹤0.01% |
2,143,323
+15,433
| +0.7% | +$109K |
|
2068
F&G Annuities & Life
FG
$3.85B
| $16.5M | ﹤0.01% |
396,906
-8,141
| -2% | -$358K |
|
2069
Mesa Laboratories
MLAB
$584M
| $16.4M | ﹤0.01% |
124,446
-315
| -0.3% | -$38.7K |
|
|
SILA
2070
DELISTED
Sila Realty Trust
SILA
| $16.2M | ﹤0.01% |
667,055
+90,060
| +16% | +$2.27M |
|
2071
indie Semiconductor
INDI
$716M
| $16.2M | ﹤0.01% |
3,996,194
+52,127
| +1% | +$214K |
|
|
CFB
2072
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $16.2M | ﹤0.01% |
1,067,635
-11,836
| -1% | -$196K |
|
2073
Vir Biotechnology
VIR
$1.5B
| $16.1M | ﹤0.01% |
2,196,601
+7,827
| +0.4% | +$61.7K |
|
|
AAMI
2074
Acadian Asset Management
AAMI
$3.2B
| $16.1M | ﹤0.01% |
611,560
+1,104
| +0.2% | +$31K |
|
2075
Ibotta
IBTA
$572M
| $16.1M | ﹤0.01% |
247,459
+91,790
| +59% | +$6.37M |
|
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.