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
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Sanofi
SNY
$104B
| $14.7M | ﹤0.01% |
254,738
+16,780
| +7% | +$906K |
|
|
TRST
2152
Trustco Bank Corp NY
TRST
$945M
| $14.6M | ﹤0.01% |
442,783
+6,249
| +1% | +$205K |
|
|
SILA
2153
DELISTED
Sila Realty Trust
SILA
| $14.6M | ﹤0.01% |
+576,995
| New | +$13.6M |
|
2154
CNA Financial
CNA
$13.9B
| $14.6M | ﹤0.01% |
298,024
-79,690
| -21% | -$3.9M |
|
|
LGF.A
2155
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $14.5M | ﹤0.01% |
1,854,915
-38,622
| -2% | -$323K |
|
2156
argenx
ARGX
$55B
| $14.5M | ﹤0.01% |
26,749
-403
| -1% | -$204K |
|
|
LPRO
2157
DELISTED
Open Lending Corp
LPRO
| $14.5M | ﹤0.01% |
2,365,266
+68,721
| +3% | +$396K |
|
2158
Business First Bancshares
BFST
$1.03B
| $14.4M | ﹤0.01% |
561,318
-12,082
| -2% | -$287K |
|
2159
Simulations Plus
SLP
$371M
| $14.4M | ﹤0.01% |
448,618
+18,924
| +4% | +$699K |
|
2160
Republic Bancorp
RBCAA
$1.92B
| $14.3M | ﹤0.01% |
219,628
+9,430
| +4% | +$577K |
|
2161
Green Dot
GDOT
$743M
| $14.3M | ﹤0.01% |
1,222,996
+101,008
| +9% | +$1.06M |
|
|
ADAM
2162
Adamas Trust
ADAM
$872M
| $14.3M | ﹤0.01% |
2,261,614
+10,017
| +0.4% | +$64.5K |
|
2163
Vaalco Energy
EGY
$605M
| $14.3M | ﹤0.01% |
2,493,587
+109,090
| +5% | +$688K |
|
2164
ImmunityBio
IBRX
$7.99B
| $14.3M | ﹤0.01% |
3,846,675
-70,819
| -2% | -$328K |
|
2165
OneSpan
OSPN
$619M
| $14.3M | ﹤0.01% |
857,474
+14,086
| +2% | +$209K |
|
2166
PubMatic
PUBM
$782M
| $14.3M | ﹤0.01% |
961,155
+7,225
| +0.8% | +$125K |
|
2167
NextDecade
NEXT
$1.84B
| $14.3M | ﹤0.01% |
3,026,930
+600,630
| +25% | +$3.63M |
|
2168
Douglas Dynamics
PLOW
$999M
| $14.2M | ﹤0.01% |
516,457
+6,657
| +1% | +$175K |
|
2169
Camden National
CAC
$971M
| $14.2M | ﹤0.01% |
344,448
+4,067
| +1% | +$154K |
|
2170
Axogen
AXGN
$2.52B
| $14.2M | ﹤0.01% |
1,010,508
+31,612
| +3% | +$350K |
|
2171
SITE Centers
SITC
$161M
| $14.1M | ﹤0.01% |
6,114,086
+157,750
| +3% | +$1.85M |
|
2172
Accel Entertainment
ACEL
$978M
| $14.1M | ﹤0.01% |
1,210,734
+344
| +0% | +$3.79K |
|
|
HTBK
2173
DELISTED
Heritage Commerce
HTBK
| $14.1M | ﹤0.01% |
1,422,060
+2,582
| +0.2% | +$25.2K |
|
2174
ArriVent BioPharma
AVBP
$1.45B
| $14M | ﹤0.01% |
597,165
+362,221
| +154% | +$8.22M |
|
2175
Coastal Financial
CCB
$712M
| $14M | ﹤0.01% |
259,769
-27,914
| -10% | -$1.4M |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.