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 | |
|---|---|---|---|---|---|---|
2151
Garrett Motion
GTX
$5.71B
| $14M | ﹤0.01% |
1,552,027
-47,376
| -3% | -$393K |
|
2152
PubMatic
PUBM
$602M
| $13.9M | ﹤0.01% |
948,955
-12,200
| -1% | -$189K |
|
2153
Willis Lease Finance
WLFC
$1.74B
| $13.9M | ﹤0.01% |
201,474
+411
| +0.2% | +$26.6K |
|
2154
Enviri
NVRI
$651M
| $13.9M | ﹤0.01% |
1,808,323
-30,728
| -2% | -$257K |
|
|
MLNK
2155
DELISTED
MeridianLink
MLNK
| $13.9M | ﹤0.01% |
672,526
+69,083
| +11% | +$1.52M |
|
|
KREF
2156
KKR Real Estate Finance Trust
KREF
$465M
| $13.9M | ﹤0.01% |
1,373,685
+18,535
| +1% | +$212K |
|
2157
Root
ROOT
$903M
| $13.8M | ﹤0.01% |
190,648
+176
| +0.1% | +$12.2K |
|
2158
MarineMax
HZO
$774M
| $13.8M | ﹤0.01% |
477,097
+1,154
| +0.2% | +$35.4K |
|
2159
Genco Shipping & Trading
GNK
$1.14B
| $13.8M | ﹤0.01% |
990,357
+10,260
| +1% | +$167K |
|
2160
Hain Celestial
HAIN
$45.5M
| $13.8M | ﹤0.01% |
2,243,999
+14,818
| +0.7% | +$119K |
|
2161
Ivanhoe Electric
IE
$1.54B
| $13.8M | ﹤0.01% |
1,827,348
-414
| -0% | -$3.83K |
|
2162
TFS Financial
TFSL
$5.17B
| $13.8M | ﹤0.01% |
1,095,481
+14,280
| +1% | +$190K |
|
|
CCRN
2163
DELISTED
Cross Country Healthcare
CCRN
| $13.7M | ﹤0.01% |
754,368
+2,112
| +0.3% | +$28.4K |
|
|
ADAM
2164
Adamas Trust
ADAM
$848M
| $13.6M | ﹤0.01% |
2,251,569
-10,045
| -0.4% | -$59K |
|
2165
Mativ Holdings
MATV
$500M
| $13.6M | ﹤0.01% |
1,247,900
+4,386
| +0.4% | +$61.2K |
|
2166
Varex Imaging
VREX
$502M
| $13.6M | ﹤0.01% |
930,648
+1,644
| +0.2% | +$23K |
|
2167
MGP Ingredients
MGPI
$370M
| $13.6M | ﹤0.01% |
344,774
+631
| +0.2% | +$34.3K |
|
2168
RUM Group Inc
RUM
$1.71B
| $13.6M | ﹤0.01% |
1,041,044
+5,326
| +0.5% | +$37.9K |
|
2169
Sturm, Ruger & Co
RGR
$616M
| $13.5M | ﹤0.01% |
381,193
+2,466
| +0.7% | +$95.9K |
|
2170
Evolus
EOLS
$398M
| $13.4M | ﹤0.01% |
1,214,590
+3,969
| +0.3% | +$55.8K |
|
2171
Equity Bancshares
EQBK
$1.05B
| $13.4M | ﹤0.01% |
316,029
-4,890
| -2% | -$217K |
|
|
CTO
2172
CTO Realty Growth
CTO
$827M
| $13.4M | ﹤0.01% |
679,893
+160,593
| +31% | +$3.16M |
|
2173
Arm
ARM
$255B
| $13.4M | ﹤0.01% |
108,531
+848
| +0.8% | +$120K |
|
|
HTBK
2174
DELISTED
Heritage Commerce
HTBK
| $13.4M | ﹤0.01% |
1,426,816
+4,756
| +0.3% | +$47.9K |
|
2175
Thryv Holdings
THRY
$189M
| $13.4M | ﹤0.01% |
904,224
+137,087
| +18% | +$2.16M |
|
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.