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 | |
|---|---|---|---|---|---|---|
2101
DHT Holdings
DHT
$2.98B
| $15.4M | ﹤0.01% |
1,657,699
+5,603
| +0.3% | +$57.6K |
|
2102
Clover Health Investments
CLOV
$2.28B
| $15.4M | ﹤0.01% |
4,882,461
+53,760
| +1% | +$192K |
|
2103
REX American Resources
REX
$1.42B
| $15.4M | ﹤0.01% |
737,276
+5,716
| +0.8% | +$126K |
|
2104
V2X
VVX
$2.7B
| $15.4M | ﹤0.01% |
321,179
+46,932
| +17% | +$2.78M |
|
2105
Yext
YEXT
$569M
| $15.3M | ﹤0.01% |
2,412,319
+27,452
| +1% | +$199K |
|
2106
Standard Motor Products
SMP
$863M
| $15.3M | ﹤0.01% |
494,489
+9,190
| +2% | +$296K |
|
2107
Conduent
CNDT
$268M
| $15.3M | ﹤0.01% |
3,791,890
-16,886
| -0.4% | -$67.1K |
|
|
TDAY
2108
USA Today Co
TDAY
$1.32B
| $15.3M | ﹤0.01% |
3,022,659
-19,621
| -0.6% | -$104K |
|
|
DCH
2109
Dauch Corp
DCH
$1.38B
| $15.3M | ﹤0.01% |
2,621,949
-32,934
| -1% | -$206K |
|
2110
Ethan Allen Interiors
ETD
$598M
| $15.3M | ﹤0.01% |
543,624
+5,029
| +0.9% | +$149K |
|
2111
Ennis
EBF
$558M
| $15.3M | ﹤0.01% |
723,432
+16,508
| +2% | +$354K |
|
2112
Maravai LifeSciences
MRVI
$947M
| $15.2M | ﹤0.01% |
2,794,961
+42,884
| +2% | +$276K |
|
2113
Constellium
CSTM
$3.85B
| $15.2M | ﹤0.01% |
1,482,036
-8,573
| -0.6% | -$105K |
|
|
LGF.A
2114
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $15.1M | ﹤0.01% |
1,768,263
-86,652
| -5% | -$684K |
|
|
CWEN.A
2115
DELISTED
Clearway Energy Class A
CWEN.A
| $15.1M | ﹤0.01% |
617,298
-7,742
| -1% | -$201K |
|
2116
Dave Inc
DAVE
$5.07B
| $15.1M | ﹤0.01% |
173,522
+1,734
| +1% | +$116K |
|
2117
Republic Bancorp
RBCAA
$1.95B
| $15.1M | ﹤0.01% |
215,642
-3,986
| -2% | -$284K |
|
|
SHOE
2118
Shoe Station Group
SHOE
$419M
| $15M | ﹤0.01% |
454,332
+1,784
| +0.4% | +$64.6K |
|
2119
Adtran
ADTN
$718M
| $15M | ﹤0.01% |
1,800,479
-9,633
| -0.5% | -$71.1K |
|
2120
Hovnanian Enterprises
HOV
$764M
| $14.9M | ﹤0.01% |
111,495
-447
| -0.4% | -$78.3K |
|
2121
N-able
NABL
$953M
| $14.9M | ﹤0.01% |
1,595,284
-2,367
| -0.1% | -$26.5K |
|
|
GOGL
2122
DELISTED
Golden Ocean Group
GOGL
| $14.9M | ﹤0.01% |
1,663,334
+9,041
| +0.5% | +$97.4K |
|
|
BASE
2123
DELISTED
Couchbase
BASE
| $14.9M | ﹤0.01% |
952,361
+7,914
| +0.8% | +$135K |
|
|
NPKI
2124
NPK International
NPKI
$1.12B
| $14.8M | ﹤0.01% |
1,933,428
-7,487
| -0.4% | -$55K |
|
2125
Cullinan Oncology
CGEM
$999M
| $14.8M | ﹤0.01% |
1,214,641
+6,220
| +0.5% | +$89.4K |
|
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.