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 | |
|---|---|---|---|---|---|---|
2076
Adaptive Biotechnologies
ADPT
$3.68B
| $16.1M | ﹤0.01% |
2,684,506
+22,628
| +0.9% | +$125K |
|
2077
Amalgamated Financial
AMAL
$1.48B
| $16.1M | ﹤0.01% |
480,846
+1,958
| +0.4% | +$67.3K |
|
2078
SFL Corp
SFL
$1.65B
| $16.1M | ﹤0.01% |
1,571,430
+129,742
| +9% | +$1.39M |
|
2079
First Watch Restaurant Group
FWRG
$771M
| $16M | ﹤0.01% |
862,073
+92,465
| +12% | +$1.63M |
|
2080
OneSpan
OSPN
$588M
| $16M | ﹤0.01% |
863,224
+5,750
| +0.7% | +$97.7K |
|
|
AIOT
2081
PowerFleet Inc
AIOT
$548M
| $15.9M | ﹤0.01% |
2,392,562
+232,216
| +11% | +$1.39M |
|
2082
NB Bancorp
NBBK
$1.01B
| $15.9M | ﹤0.01% |
880,699
-4,544
| -0.5% | -$87.3K |
|
2083
ArriVent BioPharma
AVBP
$1.38B
| $15.9M | ﹤0.01% |
596,182
-983
| -0.2% | -$28.2K |
|
2084
Kaspi.kz JSC
KSPI
$17.5B
| $15.9M | ﹤0.01% |
167,451
+1,440
| +0.9% | +$154K |
|
2085
Daktronics
DAKT
$1,000M
| $15.8M | ﹤0.01% |
939,809
+27,672
| +3% | +$417K |
|
2086
Aurinia Pharmaceuticals
AUPH
$1.87B
| $15.8M | ﹤0.01% |
1,764,395
-1,975
| -0.1% | -$16.1K |
|
2087
Orrstown Financial Services
ORRF
$859M
| $15.8M | ﹤0.01% |
432,228
-2,000
| -0.5% | -$76K |
|
2088
Liquidia Corp
LQDA
$7.46B
| $15.8M | ﹤0.01% |
1,339,254
+101,597
| +8% | +$1.11M |
|
2089
Infosys
INFY
$49.6B
| $15.7M | ﹤0.01% |
716,272
-38,341
| -5% | -$858K |
|
2090
JELD-WEN Holding
JELD
$124M
| $15.7M | ﹤0.01% |
1,910,598
-35,301
| -2% | -$425K |
|
|
PSTX
2091
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $15.6M | ﹤0.01% |
1,629,759
+12,622
| +0.8% | +$65.9K |
|
2092
First Community Bankshares
FCBC
$904M
| $15.6M | ﹤0.01% |
375,703
-7,546
| -2% | -$332K |
|
2093
Business First Bancshares
BFST
$1.04B
| $15.6M | ﹤0.01% |
607,810
+46,492
| +8% | +$1.25M |
|
2094
Daily Journal
DJCO
$810M
| $15.6M | ﹤0.01% |
27,474
-67
| -0.2% | -$35.8K |
|
2095
CNA Financial
CNA
$14.5B
| $15.6M | ﹤0.01% |
322,473
+24,449
| +8% | +$1.19M |
|
2096
Kura Oncology
KURA
$816M
| $15.5M | ﹤0.01% |
1,782,044
+1,535
| +0.1% | +$22.1K |
|
|
GDEN
2097
DELISTED
Golden Entertainment
GDEN
| $15.5M | ﹤0.01% |
490,883
-96,123
| -16% | -$3.05M |
|
|
OKLO
2098
Oklo
OKLO
$7.17B
| $15.5M | ﹤0.01% |
728,646
-9,058
| -1% | -$176K |
|
|
MCW
2099
DELISTED
Mister Car Wash
MCW
| $15.5M | ﹤0.01% |
2,120,273
+4,747
| +0.2% | +$34.7K |
|
2100
Mission Produce
AVO
$1.13B
| $15.4M | ﹤0.01% |
1,074,055
-1,952
| -0.2% | -$25.2K |
|
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.